When monsoon hits, India witnesses a lot of trouble, since excessive rain leads to cyclones. And cyclones not only affect us and our homes but also our vehicles. Damages caused to two-wheelers can be extensive, especially to their engine. Hence, in such situations, your bike insurance policy comes handy and protects you against expensive damage repair costs.
Here, in this article, we will help you understand how you can file a claim against the damages caused to your bike due to a cyclone and what would be an ideal insurance plan for you.
Types of Bike Insurance Plans
- Third-party bike insurance plan
In India, it is mandatory by law to have a third-party bike insurance policy. This insurance plan covers you against third-party liabilities such as injury caused to the third-party, death of the third-party or damages to their vehicle or property. If you are found riding without a valid third-party policy, you will have to pay a penalty fee.
Note: A third-party bike insurance protects you against third-party losses but not for the damage caused to your bike.
- Comprehensive bike insurance plan
A comprehensive bike insurance plan is a package. It includes own damage cover as well as third-party liability plan. With this plan, you are protected against fire, accidents, natural calamities like earthquakes, cyclones, and man-made calamities such as strikes and riots. In addition, the plan also offers coverage against theft and total loss (damages that are beyond repair.) Hence, buying this plan would be a wise choice.
Steps to follow to file a claim when your bike is damaged due to a cyclone
Below we have curated a list of steps you must follow if your bike is damaged due to a cyclone and you wish to raise a claim for it.
Do’s & Don’ts
- Immediately inform your insurer: It is essential to inform your insurer about the damage caused to your vehicle at the earliest. You can either give a call, send an email, or raise your claim through the insurer’s website or mobile app, following the claim steps.
- Do not start the engine while your vehicle is still in water: If your vehicle is half drowned under the water, don’t try to start the engine. An attempt to start the vehicle while it is still under water, may possibly cause more damage.
- Gather damage evidence: Having proper evidence of the damage caused to your bike will be very helpful while filing the claim. So, try taking pictures as well as videos of the dents and damages on your vehicle.
- Wait for assistance from your insurer: Once you have informed your insurer, we insist that you wait for them to process your claim. This may take a while since it will be done according to your policy coverage. Please note that you will have to bear the expenses for the damages that are not covered under your policy.
- Don’t try to get your vehicle repaired before informing your insurer: Make sure to wait for your insurer to contact you and proceed with the necessary steps regarding the claim process. If it is found that you already got your vehicle repaired, you may lose out on the benefit of claim settlement.
Following these steps, you can experience a smooth and hassle-free claim settlement process. If you want to know more or wish to explore more insurance plans, you can visit our Bajaj Finserv App!
Anywhere, Anytime insurance with the Bajaj Finserv App!
The Bajaj Finserv App is a high utility App that takes care of all your financial needs including insurance. On the app, you can explore bike insurance plans from our trusted partners. Here you can view product features, compare prices and purchase a plan that is best suited to your needs. All this in a matter of minutes on our 100% digital platform and from the comfort of your home. It truly is becoming the new way to buy insurance.
