Bike insurance owners are often in a state of dilemma when it comes to insuring the bike online or offline.
While online insurance purchase is accompanied by great anxiety and confusion but comes with a hassle-free purchase experience and ease of buying, it is common for one to get confused. Moreover, certain myths can deter you from buying bike insurance online. Hence, it is best to understand the difference between online and offline insurance purchases to make an informed decision.
Online vs offline bike insurance myths
Easy of buying
Online two-wheeler insurance purchase is far simpler than offline. When purchasing online, you can compare quotes by various insurers, and proceed with the policy purchase by submitting the required details such as bike make and model, identity proof, address proof, etc. There is no paperwork involved and the policy is issued instantly.
Insurance companies now have a 24*7 online assistance team that answers your queries and also helps you with quick claims assistance service.
When buying two-wheeler insurance online, all you need to know is how to use a desktop or a smartphone. Today, with technological advancement, you can easily purchase insurance with a click of a button. All you need is a fast-speed internet connection.
You can compare premium quotes by various insurers, check on the coverage offered, and network garage list to get the best coverage for your vehicle and yourself. You can get started by entering your bike make and model details to get a tailored pricing.
Every vehicle owner fears being cheated. But every insurance company today has a robust security system that ensures your transaction is safe and secured with them. Whereas, buying insurance offline through an agent or middleman can land you in further trouble if he/she is involved in any fraudulent activities.
When you are not dealing with an agent or middleman, the insurance company often gives you a discount which can go up to 80%. The agent or middleman has to be compensated by the insurance company in case you choose to buy the policy from them. But if you directly deal with the insurance company, you can get a discount upfront.
You can conveniently buy two-wheeler insurance online from the comfort of your home. No need for meeting or following up with the agent and instead you can save some time as well.
No paperwork involved
The online insurance buying process involves no paperwork which means you do not have to spend time making copies of your bike, identity, address, or any vehicle-related documents. You can upload these documents online and easily purchase insurance from the comfort of your home.
As mentioned above, the online two-wheeler insurance process seems to be quick, convenient, and hassle-free. Hence, it is best to buy bike insurance online instead of offline. Remember, the world is moving towards digital and with an online purchase you can also get quick access to your policy and you don't have to carry physical policy documents.