3 Ways to Add More Strength to Your Bike Insurance Policy

The number of two-wheelers on the road has increased considerably today. Many people prefer a bike over a car because of advantages like more comfort and savings. It takes up lesser space and is easier to navigate through traffic. If you own a motorcycle, you are aware of the practicality it provides to the user. 
When you are driving on the road, you are exposed to many dangers. It is essential to take relevant measures to reduce your vulnerability to them. The government of India has made strict rules for two-wheeler riders and pillion passengers to wear protective gear. However, even after taking the appropriate measures, you can be affected by some unprecedented circumstances. This is the point where a bike insurance policy comes to the rescue. In case of an unfortunate incident, a bike insurance plan will cover the financial aspect of it. Therefore, it is essential to protect yourself as well as your bike against any potential threats. When you buy a plan for yourself, remember to evaluate your requirements carefully. A two wheeler insurance premium calculator can help determine the right policy for you. 

                                       (Image Source: Shutterstock)
There are different types of two-wheeler insurance policies offered by various providers. There are also options available to increase the efficiency of the plan. Here are a few ways to strengthen your bike insurance policy:
1.    Comprehensive Plan
The government of India has made it mandatory to purchase third-party insurance along with a two-wheeler. Most people feel content with third-party insurance for their two-wheelers. It is essential to realize that this type of insurance only covers third-party liabilities arising out of unfortunate incidents affecting another individual. 
A comprehensive plan covers personal damages as well as third-party liabilities. The protection extends beyond vehicular collisions to incidents such as vandalism, theft, natural disasters and more. It makes sense to choose an extensive plan for overall protection against mishaps. Without such a policy, there is a risk of substantial financial loss in case of repair for accidental damage.
2.    Add-Ons
Most insurance providers offer some add-ons to strengthen your bike insurance plan. These add-ons can be used to customize your policy according to your preference. For example, well-known insurance providers such as TATA AIG offer Emergency Medical Expenses as an add-on. It allows reimbursement of medical expenses for a bodily injury sustained by you in an accident involving the insured two-wheeler. Other than that, there are add-ons to increase the maximum payable amount for third-party property damage as well as personal accident. TATA AIG two wheeler insurance reviews also help policyholders in making the right purchase decision.
An add-on means you must calculate the two-wheeler insurance premium once again. Purchasing an add-on can increase your premium for the two-wheeler insurance. However, you must not be discouraged by it. The increased premium is for an added advantage that will be beneficial in the future. It is always better to take smart preventive measures now to avoid any regrets later. 
3.    Increased Coverage limit 
It often happens that people expect better coverage than they get from their plan. It might make you feel dissatisfied with your bike insurance policy. You have the option to increase the coverage limit. It will help in making your two-wheeler insurance policy more valuable. Calculate the two-wheeler insurance premium payable once you increase the coverage limit to match your requirements.   
When you are purchasing or adding on to your insurance policy, you must evaluate it against your financial situation. A two wheeler insurance premium calculator will help your decision by analyzing it against significant parameters. Plan your insurance purchase according to the protection required and customize to suit your needs well.