Knowledge Centre

Add On Covers With Two Wheeler Insurance

The owners of two-wheelers often go to extreme lengths to ensure that their vehicle is in top-notch condition. Irrespective of whether it needs an oil change, accessories, or cleaning, owners take lot of pride in caring for their vehicles.

If you are one such owner of a two-wheeler, here is something that you can do to make your experience even better. Buy add-ons for your two-wheeler insurance. An add-on is an essential extra feature that you can plug into your two-wheeler policy to enhance its coverage. But for that, you would need to buy comprehensive insurance in the first place.

Here is a quick list of some of the most sought-after add-ons and why you must consider adding them to your policy.

Zero Depreciation Cover

The zero depreciation cover is for those who do not want to end up paying the amount charged against depreciation. It is no secret that the value of a vehicle and its parts depreciates with time. And if you were to claim insurance, the onus of paying for the depreciation falls on you.But with this cover, you don’t have to worry about depreciation. The add on cover will cover the costs associated with the repairs, rubber components..  Excess has to be borne by the customer as per the policy schedule

Emergency assistance cover

With add on cover, you will get the benefit of roadside assistance services like towing, tyre replacement etc.

Accessories Cover

Bike owners are known to add accessories to their bike to enhance either the look or the performance of the bike. If you are someone who enjoys adding accessories, this cover is a must for you. Since some of the accessories can be expensive, any damage to them can burn a hole in your pocket. You can opt for coverage against either electrical or non-electrical accessories. For example, electrical accessories of worth INR 5,000 can cost you about INR 1,000 to insure and non-electrical accessories of the same amount might cost you about INR 250-300.

Though it is not mandatory to have add-ons on your policy, picking them ensures that you get acceptable coverage for various aspects of the bike riding and owning experience. And this way, you can be well covered for the worst-case scenarios.

The above information is for illustrative purpose only. For more details, please refer to policy wordings and prospectus before concluding the sales.

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