Bike Insurance Claim | Image Resource : lcimag.com Two wheelers are the most common vehicles found on Indian roads and they are the most exposed to road accidents. To safeguard you financially, it is mandatory to buy an insurance policy according to the Motor Vehicles Act. When buying insurance, you enter into a contract with the insurance company, wherein it undertakes to compensate for any loss that might occur owing to an accident in return for some money called a premium.
The insurance company, which is typically known as an insurer, asks you to submit a claim when your two-wheeler is involved in a road accident. You are paid for the loss only if you have successfully filed your bike insurance claim. You need to inform the insurer by making a claim through a formal request for the compensation. On receiving the request, the insurer takes a necessary action. Types of Two-Wheeler Insurance Claims Before you learn more about the insurance claim process, it is essential to have some knowledge about different types of claims, which are:
How to File a Bike Insurance Claim? The steps mentioned below will help you make a vehicle insurance claim easily.
The information given above helps you make a bike insurance claim successfully.
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