Best thing to do after buying two-wheeler is to get two-wheeler insurance because It provides coverage for damage to insured vehicle and takes care of vehicle in case of theft.
In India you will find two types of two wheeler Insurance policies.
1 ) Third party two wheeler insurance:- It has limited coverage. It covers against third party liability. It has low premium. It is mandatory by law.
2 ) Comprehensive two wheeler insurance:- It has wider coverage. It covers against third party liability, own damage, personal accident. It has high premium. It is not mandatory by law.
One can easily complete process online. You need to submit a certain set of documents that include
1. Identity proof - Voter ID, Aadhaar card, driving licence, passport, ration card. 2. Address proof - Voter ID, Aadhaar card, passport.
3. Registration certificate or the bike 4. In case of NCB, one needs to have old policy number handy
1 ) Choose credible insurance provider company by checking public reviews about them.
2 ) Check their claim settlement ratio as many insurance provider takes long time for claim.