Why To Renew Two-Wheeler Insurance Before Monsoon

Two wheelers are one of the most affordable ways to travel. Over the years, two wheeler ownership has increased and today one in three households in India owns a two-wheeler. Compared to May 2021 data, in May 2022, the two wheeler segment witnessed a growth of 246%. Thus, the popularity of two wheelers is increasing. With this, it is also mandatory for every bike owner to insure his vehicle with a two wheeler insurance cover. Especially during monsoons, bad road conditions, slippery tyres can often lead to an accident. Two wheelers are also greatly impacted due to rains as the rainwater continuously falls on the vehicle, affecting its performance and damaging the mechanism. Chances of the vehicle having a technical breakdown due to the monsoon rains are high which makes it necessary to insure it with a two wheeler insurance cover.

Renewal of two wheeler insurance is mandatory in monsoon and here’s why you should do so immediately

• Protection against natural disasters: Heavy rains can create havoc, often damaging your vehicle. Having a two wheeler insurance cover can help as it offers protection against natural disasters like floods, fires, cyclones, earthquake and man-made disasters such as theft, burglary, strikes, etc. A two wheeler insurance policy will thus help you get coverage for the damages incurred.
• Access no claim bonus: Renewal of two wheeler insurance on time ensures that your no claim bonus stays intact. NCB is the discount in premium you are eligible for in case of making no claims in one policy year. No claim bonus expires in case the policy is not renewed within 90 days from the date of expiry.
• No break in policy disadvantage: In case you miss out on renewing your two wheeler policy before the monsoon and if the policy date is expired then it will be considered as a break-in policy. In such cases, the bike will require inspection and if the surveyor finds any damages then the premium will increase.
• Continue staying insured: Monsoon is an uncertain time and can cause great inconvenience. Non renewal of policy can increase your out of pocket expenses and also lead to legal liability in case you don’t renew your insurance cover on time. It is mandatory to insure two wheeler with a valid third party insurance cover as it offers protection against damages caused to third party person or property.

What can lead to damages to your bike during monsoon?

Waterlogging, potholes, and accumulated dirt can lead to causing damages to your bike. Hence, it is best to renew two wheeler before monsoon to avoid paying for the damages out of your pocket.

Tips to make your bike monsoon ready

• Ensure you keep the chains lubricated: During monsoon, Indian roads are riddled with potholes and puddles. Hence, to ensure that you are able to move around swiftly, check on the lubrication of the bike’s chain and get them lubricated if need be. Lubricate the chain with grease and engine oil to keep the same in good condition.
• Check for the tyres grip: During monsoons, the tyres of the bike are more prone to skidding and may cause an accident. Hence, check if the grip is in good condition and if need be get them replaced.

Check for moisture

The moisture of the rain can have a great impact on the air filter and other parts of the vehicle. If the engine of the vehicle switches off midway or if you feel any resistance when starting off the vehicle then it is best to get the vehicle checked and get the moist areas cleaned.

Also Read:How to Select the Most Appropriate Two-Wheeler Insurance Policy in India