Iqbal has been a very diligent rider since he started riding his bike in college. He has been on numerous trips, some of them even to remote areas such as Ladakh. Despite being a very careful rider he met with an accident in Delhi when his Royal Enfield bike was hit by a speeding car coming the wrong way. His leg was hurt badly but he recovered well over the next few weeks. His bike was unfortunately damaged beyond repair and had to be scrapped. He wanted to claim insurance for his bike but he had no idea where to start, or what was the coverage of his insurance. Like many other riders, he had decided to get an insurance policy, only in order to make sure he is not penalized by the traffic police. Many bike owners may have a question about how to claim insurance for bike damage and we will answer this question here.
Two-wheeler accidents are a very common sight on the roads of India. The reasons for the bike accidents are many, such as rash driving, poor road conditions, disobeying traffic rules, and many more. These accidents often result in death and damage to the vehicle. If you have survived a two-wheeler accident but your motorbike is in a bad shape, then it is time you should raise your bike insurance claim. According to the Motor Vehicles Act, third-party two-wheeler insurance is mandatory for all the two-wheelers that run on the Indian roads.
Ever since it has become easier for people to buy or renew two-wheeler insurance online, many bike owners are not aware of how to claim bike insurance. They are clueless about what they have to do if their two-wheeler is involved in an accident. So, let us today try to under bike insurance claim and the process of filing a claim.
What is a bike insurance claim?
When you buy two-wheeler insurance, you basically are in a contract with the insurance company. To put it simply, as per the contract, the insurance company will provide funds for the damages suffered due to an accident.
For example, you meet with an accident when riding your bike and you have a two-wheeler insurance policy which is absolutely valid. In one such case, you need to file a ‘Claim’ with the insurance company. With the help of the claim, you will update your insurer about the accident that you met with.
Types of bike accident insurance claims
If you already have a health insurance policy, you are aware of the cashless as well as reimbursement claims. You will get the same option in a bike insurance policy also. In a health insurance policy, you have to be admitted to one of the network hospitals of the insurance company to claim the facility. In a similar manner, insurance companies have a network of garages. If your bike has been damaged in any way, you can visit one of the network garages of your insurance company and have your bike repaired. You do not have to worry about the cost that will show in the bill. The bill will be settled by your insurance company with the garage.
If for some reason, you could not get your bike repaired at any of the network garages, you would be required to pay the bills. You can keep a copy of the bills and get them reimbursed by your insurer. You need to know that your insurance company will only pay the amount up to the coverage limit of the plan.
How to file a bike insurance claim in India?
The two-wheeler accident insurance claim procedure in India is almost the same, while the variations can be very small. Mentioned herein below are the basic steps that you have to follow to claim bike insurance.
- You have to note the registration of the vehicle that is involved in the accident.
- If there is a legal angle to the accident, you should file an FIR at the nearby police station. For filing a claim, a complaint copy will be needed.
- You must try to note some of the things such as the location and time of the accident. If you saw any witnesses on the spot, you must note their names as well as contact details.
- To file the claim, you should contact your insurance company. You can do this by giving them a call or by paying a visit to the nearest branch office of the insurance company. You would find some of the insurance companies that offer the facility of online claim filing.
- You can submit the necessary documents to file your claim successfully.
Taking care of the documentation and following the process laid out by the insurer can make sure that your bike insurance claim is processed without delays. For detailed information, you can get in touch with your insurer. Despite all these, if your claim gets rejected or gets delayed without reason, you can get in touch with Insurance Samadhan.