Your bike is a vehicle that is close to your heart. You take great efforts to maintain it well and park it carefully. It is also important to get your bike proper insurance coverage too. In India, it is mandatory to have at least third-party motor insurance for your bike before you take it out on the roads. However, most bike owners do go a step ahead and buy comprehensive bike insurance as this covers own damages too as well as losses due to natural and manmade calamities.
Now, did you know that you can enhance your comprehensive bike insurance plan with the help of add-ons? Add-ons help you improve the protection you have on your bike insurance plan. You can use these add-ons to customise your coverage so that you end up with the exact plan that you need.
If you have an older bike, there are many add-ons that can prove extremely helpful for you. In this article, we take a look at a few such add-ons that you should definitely consider opting for when renewing bike insurance.
- Engine protection cover
This add-on will cover any replacing or repair of parts of your bike’s engine. For instance, your gearbox will be covered under this add-on. The engine parts of your bike can get quite expensive and so, it helps to have this add-on included in your bike insurance policy. If you live in an area that has floods, you might want to get this add-on as water damage is really bad for your bike.
- Roadside assistance
The roadside assistance cover offers help to you if your bike breaks down on the road. As breakdowns can be quite common with older vehicles, this is a great add-on to have. You can expect help for a flat tyre and even fuel delivery in an emergency. You can even get help with certain battery of your bike issues too. If you are riding your bike alone in a new area, you might benefit from this add-on.
- NCB protector
Generally, if you make a claim on your motor insurance plan, you will lose the benefit of the no claim bonus for that year. If you want to retain the no claim bonus, you can simply opt for the no claim bonus protector (NCB protector) so that your bonus is not impacted. You can still retain your NCB after 1 or 2 claims if you have this add-on in your bike insurance plan.
- Consumables cover
This add-on helps cover the parts of your bike that are considered to be consumables. Examples of these consumables include nuts, bolts, and grease, among other things. During a repair, the cost of these consumables can add up to quite a huge amount; having the consumables add-on will really save you a lot of money in the long run.
We hope that this blog will help you pick the right add-ons when you buy bike insurance for your two wheeler. Do wear a helmet and ride safely. Take care.