For many people in the country, buying a bike is the ultimate dream. This two wheeler is one of the most widely used vehicles on the road and is preferred by everyone from college students to family decision makers. But before you get the excitement of zooming by on the streets, you need to remember to get insurance for your vehicle.
Along with the financial security it provides, buying bike insurance is mandatory in India, and you are not allowed on the streets without it.
But owing a bike insurance policy doesn’t just end at the purchase, you need to keep a close eye on its expiry date. It is just as important to renew bike insurance as it is to buy it. In fact, with the technological developments that have taken place in the last decade, you even get the option to renew bike insurance online. Since it is illegal to ride without an active bike insurance policy, you need to keep an eye on the renewal date, otherwise your policy will become invalid and you will be liable to pay fines.
Today, checking the date to renew bike insurance has become much easier since the process is available online. This means, you can check the date you have to renew bike insurance with just a tap of the finger, at any time.
3 Ways To Check Your Bike Insurance Expiry Date Online:
There are 3 main ways to check your expiry date online, so you can renew bike insurance on time. These are as follows:
Via The Insurance Information Bureau
You can find all the details of your insurance plan on the website of the Insurance Information Bureau (IIB). to view the expiry date of your bike insurance policy, you need to follow the steps on the website, as given below:
- Click on ‘V Seva’ in the Quick Links section. It will display a form.
- Add all the information needed on the form.
- Enter the captcha code and click on ‘Submit’
You will be led to a page that displays your policy details, where you can spot the expiry date. The important thing to remember is that this website only has details of insurance policies bought after April 1, 2020. Any policy purchased before that date is not recorded on the website.
The other way to check your insurance expiry date is to check out the VAHAN website. This is managed by the Road and Transport Ministry and they keep records of all insurance policies. To view your details on the VAHAN website, follow the steps below:
- Click on ‘Know Your Details’ on the menu tab
- Enter your vehicle number and the verification code
- Click on ‘Search Vehicle’.
The policy details will then appear on the screen. The expiry date will be listed under the ‘Insurance Upto’ section.
Via Your Insurer
The insurance company you have purchased your policy from has all the details of your plan, including the date of expiry or date before which you need to renew bike insurance. Thus you can log into their official website and check out your insurance details. While the process might be slightly different for each company, you can generally get your details by entering your bike registration number. This is also convenient as many insurance companies will let you renew bike insurance online.
It’s crucial to know your insurance expiry date for a number of reasons. Firstly, you can get into legal trouble if you are riding on the streets with expired insurance. Additionally, by failing to renew bike insurance on time, you miss out on all the discounts you could have got on your premium amount. You will also have to go through the entire process of buying bike insurance which involves reexamination of your vehicle. That is why you should keep track of your bike insurance policy.
If you want to learn more about this, or want assistance from a team of experts that will help you both purchase your policy as well as renew bike insurance online, head to Coverfox - one of India’s leading insurance portals.