Buying Two Wheeler Insurance from Bima Buy is simple

What is Two Wheeler Insurance?
Two wheeler insurance/Two Wheeler insurance policy falls under the general insurance category in India. It gives your coverage against the damages caused due to unforeseen events such as road accidents, thefts, fire, or natural disasters. As per Motor Vehicles Act, 1988, two wheeler insurance is mandatory in the India.
You will also get protection against liabilities arising due to damages to any third-party vehicle, property or person. Online Two Wheeler insurance policy provides coverage for all types of two wheelers, be it a scooty, scooter, motorcycle or a sports Two Wheeler regardless of its personal or commercial use.
Two Wheelerinsurance is the ultimate solution to battle with the high costs of damages done to your motor cycle due to an accident.
Why do you need a Two Wheeler Insurance?
People often wonder why vehicle insurance is mandatory in India? With the facts & stats given below the dilemma of getting your Two Wheeler insurance done will resolve.
As per the Road Accident Report of 2019, a total number of 449,002 accidents took place in the country during the calendar year 2019 leading to 151,113 deaths and 451,361 injuries.
Driving in India is a luxury but it has its own perils. Lack of legal enforcements by road authorities, rule breaking, bad road-traffic behaviour can lead to an accident even if you are driving with utmost sincerity. This is the time when Two Wheeler insurance comes into play and gives you coverage against loss & damages caused.
Bima Buy offers you wide range of third-party & comprehensive insurance plans at an affordable price online & the best part is that Comprehensive Two Wheeler Policies can further be customized by opting for add-ons that help protect your Two Wheeler in all possible situations.
Types of Two Wheeler Insurance in India
Third Party Liability Cover
Third party liability insurance is the most common form of Two Wheeler insurance which is a bare minimum policy that you must have to drive the Two Wheeler as per the rules and regulations of Motor Vehicles Act of 1988. It covers damages & injuries caused by the insured vehicle, only to a third-party person or property. If a policy holder is considered as the first party, the insurer as the second party and any other person or property involved is the third party.
Comprehensive Insurance Policy
A comprehensive Two Wheeler insurance, is an optional insurance policy that gives you a higher level of protection for your vehicle. It comes with more features & benefits. The best advantage is that it protects your own vehicle against various damages arising from theft, accident, natural & man-made disasters like fire, earthquake, tornado or damage caused by animals, falling objects etc. It includes the third-party liability policy by default.
Factors to consider before buying Two Wheeler insurance

Insured Declared value

Cashless facility

No claim bonus

Claim procedure

Zero Depreciation

Accidental Cover

Daily Allowance

Add-On features

Roadside Assistance

Engine Protector
Factors to consider before buying Two Wheeler insurance

Insured Declared value

Cashless facility

No claim bonus

Claim procedure

Zero Depreciation

Accidental Cover

Daily Allowance

Add-On features

Roadside Assistance

Engine Protector
What is covered in Bima Buy Two Wheeler Insurance

Accidents
Loss & damage to the insured vehicle due to accidents or collisions

Personal Accident
If an accident leads to the death or disability of the Two Wheeler owner

Third party Cover
Financial liability incurred due to the injury/death of a third party or the property

Natural Calamities
Expenses related to damages caused by natural calamities such as flood, cyclone, earthquake etc.

Thefts or Fires
Coverage for the damage & losses incurred when your Two Wheeler is unfortunately stolen or due to accidental fire
What is covered in Bima Buy Two Wheeler Insurance

Accidents
Loss & damage to the insured vehicle due to accidents or collisions

Personal Accident
If an accident leads to the death or disability of the Two Wheeler owner

Third party Cover
Financial liability incurred due to the injury/death of a third party or the property

Natural Calamities
Expenses related to damages caused by natural calamities such as flood, cyclone, earthquake etc.

Thefts or Fires
Coverage for the damage & losses incurred when your Two Wheeler is unfortunately stolen or due to accidental fire