How to renew your expired bike insurance policy online?

Posted on: Feb 18, 2019 | | Written by:

How to renew your expired bike insurance policy online?

Published on July 26, 2019. EST READ TIME: 5 MIN

Riding is a fulfilled activity; it gives you super sense of freedom. It gives you an edge against the city traffic and keeps you ahead of everyone else. Though bike riding is synonymous to fun and adventure, HDFC ERGO two wheeler insurance is designed to give you safety and security against unforeseen circumstances. By law,third party liability only insurance policy is a mandate, however it isn’t enough to cover total loss or partial loss due to own damage. Hence it is highly advisable to opt for comprehensive cover to get an umbrella protection against all the possible risks. It is advisable to continue enjoying the benefits by ensuring timely renewals.

What to do when your bike insurance has lapsed?

Like we said, timely renewals are an important essence of having insurance policies. It helps you enjoy continuity benefits, and gives peace of mind while riding. Your insurer shall keep reminding you to renew your insurance for ensuring ease and hassle free renewals, however if you miss the date and your policy expires, you won’t be eligible to enjoy any benefits and your risks won’t be covered thereafter. The next question that will come to your mind is my two wheeler insurance has expired, what’s next?

Well, now you can renew your bike insurance policy but for that your vehicle will have to undergo an inspection process. Post completion, you will be issued a policy instantly. To elaborate, if your bike insurance date has expired, your vehicle goes under the break in procedure for renewal. Hence, next time when you see that your bike insurance has lapsed take active measures to get it renewed and stay protected against on road risks.

Disadvantage of policy lapse

Increase in out of pocket expenses
No financial security
Risks remain uncovered
No accidental cover

The above disadvantages may prove fatal in case your vehicle meets with an accident, hence take preventive measures and buy motor health insurance policies.

This blog has been written by

S. Gopalakrishnan | Motor Insurance Expert | 40+ years of experience in insurance industry

A veteran in insurance industry. S. Gopalakrishnan is a name to reckon with in the field of reinsurance, he has headed the Reinsurance department and has rich experience in other fields of motor insurance. He loves to share his opinion on latest topics in the insurance industry and how he can help people in safeguarding their assets using insurance products.

S. Gopalakrishnan recommends "HDFC ERGO for your vehicle insurance needs, it has always put customer’s interest at the forefront, with round the clock assistance to deal with emergency breakdown issues and hassle free claims process. You can be assured of complete and reliable guidance through the whole process".

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