How to Check Bike Insurance Quotes Using a Smartphone?

Posted on: Nov 7, 2022 | | Written by:

How to Check Bike Insurance Quotes Using a Smartphone?

Published on November 07, 2022. EST READ TIME: 3 minutes

Get Bike Insurance Quotes Using Smartphone

There is not a spec of doubt that smartphones have made deep inroads into our day-to-day life. In fact, it will be extremely difficult for many of us to imagine a life without a smartphone. And there are good reasons for the same. At your fingertips, you can access any information you want, and that too, within a few seconds. You can decide which bike model to buy as well as which bike insurance to opt for, right with the help of your smartphone.

Since many insurance providers are and have moved on to digital platforms, it has become even easier to buy a bike insurance policy with the help of a smartphone. However, before you decide to buy insurance for your bike, it is advisable to check for insurance quotes. And you can check for quotes easily from your smartphone. Here is all that you need to know about it.

Bike Insurance Quotes

As the name might give away a bit, a bike insurance quote is an approximate amount as a premium that you would end up spending when you want to buy a bike insurance policy. The quotes provided by the websites are subject to the parameters entered by you and can change depending on how you tweak certain factors. For example, the IDV of the bike can change the quote of a comprehensive bike insurance policy by a considerable margin.

How To Check Bike Insurance Quote Using a Smartphone?

The process is quite simple if you wish to check bike insurance quotes using a smartphone. In fact, you can get quotes for your bike within a few seconds. Here is all that you need to do.

● Access the website or smartphone app of an insurance aggregator on your smartphone.

● Register on the website or app using your phone number or email ID.

● Receive an OTP or One Time Password if you use your phone number to log in to the website or app.

● Access two-wheeler or bike insurance from the products available.

● Enter the registration number of your bike.

● Click on submit to receive instant insurance quotes for your bike.

● Depending on the insurance aggregator, you might have to answer a few basic questions before your get a quote.

3 Prime Reasons to Check Insurance Quotes Before Purchasing a Plan

If you have experience buying a policy offline, you would know how difficult it is to get an approximate premium quote for your bike. The same applies if you buy your policy from your insurance agent. However, with online bike insurance, you can receive quotes within a few seconds and that too, without the intervention or help of any insurance agent.

You can play around with some of the parameters that help decide the insurance premium. And the website would immediately update the quotes based on the changes that you have entered. Here are the 3 main reasons why you should get insurance quotes before buying a policy.

1. Compare Plans

There are quite a few insurance providers in the market. And they offer different types of bike insurance policies. As you compare, you can get quotes from various insurance providers. This will help you pick a policy with a lot more clarity. You can look at the premium of the policy along with the coverage and services on offer and then decide which one makes more sense for your bike.

2. Keeps your Budget Intact

Some of us are unaware that you can buy a bike insurance plan that fits your budget. When you view insurance quotes online, you get a much better idea of how much a policy would cost. And whether buying from that specific insurance provider fits your budget or not. If it does not, you can change some of the factors and view how that changes the policy premiums. Likewise, you can even opt for a different insurance provider, that offers similar coverage at a lower premium.

3. Better Understanding of The Insurance Plan

A bike insurance plan usually comprises inclusion or what is covered as a part of the plan, exclusion or what is not covered as a part of the plan, additional features, add-ons and services on offer. As you view quotes from different insurance providers, you get a much better idea of which policy is expensive and which is affordable since you can view all the details mentioned above.

Why Are Bike Insurance Plans Cheaper Online?

When you opt for a bike insurance plan online, one of the biggest benefits is that you will end up paying lower insurance premiums. How is that possible? Here are some of the reasons which make it possible.

1. No Insurance Agents

The offline mode of buying any type of insurance policy usually involves an insurance agent. However, when you buy a policy online, you do not have to interact with any insurance agent. Thus, the insurance providers do not have to pay commissions to agents, which reduces the overall premium of the policy.

2. Lower Operational Costs

A lot of insurance providers are now venturing into remote services. This reduces the need for multiple branches to serve customers as they can easily serve customers with the help of online services. This seemingly small step reduces the operational costs of insurance providers. Thus, they can pass on these benefits to policy buyers.

3. Digital Insurance

There are already a couple of insurance providers who are digital-first insurance companies. In simpler terms, they carry out most of their operations online. And thanks to their superior digital infrastructure, they can serve customers without any hassles. Since this reduces the overall costs that an insurance company incurs, the benefits are then passed on to the customers.

Wrapping It Up

You can easily buy a bike insurance policy from your smartphone. As mentioned above, you simply need to follow a few simple steps for the same. To make the most of your new bike insurance, you should first look for insurance quotes on your smartphone. It will help you pick a policy that fits your budget and meets your requirements as well. Also, it is a statutory requirement to have a bike insurance policy, or else you cannot legally ride your bike on public roads. Thus, you must get a policy if you do not already have one.

Disclaimer: The above information is for illustrative purpose only. For more details, please refer to policy wordings and prospectus before concluding the sales.

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