What Are Cashless Claims In Two-Wheeler Insurance?

You can get your two-wheeler fixed at any of the listed garages with a cashless two-wheeler policy without spending anything out of pocket, and there are now plenty of apps for bike insurance. To offer services to the insured, the majority of insurers have partnerships with numerous garages. You can bring your bike to any of these shops, and it will be fixed in accordance with the cover you selected. After the repairs are finished, the insurer receives the bill directly. The money would then be paid to the garage immediately by your insurer.

It is crucial that you notify the insurer of the damage before making any repairs. The insurer would pay for the damages your insurance would cover, but you would be responsible for any further damages. For instance, electrical problems are typically not covered by bike insurance coverage.

Occasionally, it could be too challenging to use a cashless service. For instance, if your bike breaks down in a remote area where the cashless garage is located, you can pay for the repairs out of your pocket and get a reimbursement from the insurer. However, you should notify the insurer of the damage as soon as possible to give them time to evaluate the damage and handle your claim. *

Advantages of two-wheeler insurance

A two-wheeler insurance coverage protects you from damage from natural or manufactured disasters and harm to your bike that results from road accidents. Additionally, bike insurance offers a third-party cover that protects you from any losses incurred by a third party involved in an accident. Getting coverage has now become more convenient with bike insurance online apps. *

The procedure for making a claim on your bike insurance has also become less complicated over time. These days, you may file a claim online or use an app for bike insurance and get your bike fixed without paying any money. *

Your two-wheeler insurance policy can be modified to match your unique requirements. Even if you don’t get all of the add-on covers when you buy them, you can add them in when you renew. *

The following are some of the most advantageous add-on covers you can select:

  • Personal accident insurance for the passenger
  • Depreciation insurance

Let’s not overlook the fact that purchasing two-wheeler insurance keeps you legal. Additionally, it gives you a feeling of security because you understand that your insurer will cover any expenses brought on by an unexpected catastrophe.

How to make a claim under a cashless motorcycle insurance policy

To submit a cashless two-wheeler insurance claim, follow these steps:

Step 1: If a third party was involved, make a note of their name, address, and license plate number if they were also operating a car.

Step 2: Write down any witnesses’ contact information.

Step 3: Report the occurrence to your insurance provider and find the closest cashless garage on their network.

Step 4: Submit an FIR and obtain a copy of the report at the closest police station.

Step 5: Give the insurer all the necessary paperwork. To collect the same, a representative will get in touch with you.

Step 6: A surveyor from the insurer would examine the damage and estimate the associated costs. The repair work would begin at the garage as soon as approval was given.

Keep in mind that your safety should always come first. Give your medical care top priority if you were hurt in the collision. When you are able to, you could notify the insurance; alternatively, you could ask a representative to do so on your behalf. And for more information on bike insurance, download and check the apps of providers.

* Standard T&C Apply

‘Insurance is the subject matter of solicitation.’ For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.‘

 


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