Why is Diwali the perfect time to buy your next two-wheeler?

Posted on: Oct 13, 2022 | | Written by:

Why is Diwali the perfect time to buy your next two-wheeler?

Published on October 13, 2022. EST READ TIME: 3 minutes

During Diwali, many Indians buy home appliances, cars, and two-wheelers, and the market is filled with festive discounts and sales. Sellers know it is a time of high sales and offer considerable discounts to increase their sales. It is considered to be an auspicious time and people wait for long periods for this festival to purchase their desired items.

Why buy a two-wheeler at all?

Buying a two-wheeler is advisable because of the traffic and ever-rising potholes on the roads. You can quickly get bike insurance online for your two-wheeler and save yourself from financial trouble. Urbanization is on the rise, and we see many young professionals switch cities for a better standard of living and job opportunities. Two-wheelers are a go-to option for such people because of their affordability, convenience, and ability to go through traffic. It is the perfect time to buy a two-wheeler this festive season. Many manufacturers have already announced their offers for October.

Why buy a two-wheeler now?

The economy is pretty sluggish at the moment when the festive season is here. However, the auto sector domestically is expecting a turnaround due to Dussehra, Diwali, good monsoon, and attractive offers in October. There will be plenty of offers in the two-wheeler segment during the festive season, as its sales have been rising for the past few years. SIAM says domestic two-wheeler sales for April-January were 1,81,25,656 units in this fiscal year. The same period saw 1,67,71,630 units last year, meaning a growth of 8.07 %. Hence, you can choose from many discounts this festive season if you purchase a two-wheeler. You can also benefit from offers such as bike exchange discounts this festive season and save tremendous money.

Why insure your two-wheeler?

While buying a two-wheeler can be exciting, it comes with its own responsibilities. You must drive responsibly and purchase the mandatory third-party two-wheeler insurance. In 2018, road deaths in India stood at 1.49 lakh. Uttar Pradesh topped the list in the number of cases and saw an increase of around 2,000 compared to the previous year. Conversely, Tamil Nadu saw a decrease in fatalities by approximately 25%. The number of deaths was reduced by 3,941 in TN compared to the previous year. It is why third-party two-wheeler insurance has been made mandatory by the government. It is there to safeguard people from liabilities in case of the occurrence of unforeseen events. It offers cover against the circumstance that you or your bike might face. It is best to purchase comprehensive two-wheeler insurance looking at the increasing number of vehicles on the roads and the accidents. You can select your desired add-ons and keep yourself covered. Understand your insurance policy's conditions and pros before finally purchasing it.

How to purchase a two-wheeler insurance cover?

It has become effortless to purchase bike insurance online in the past few years. You can buy your bike insurance online in a matter of minutes. You can either visit your insurance company or go on their website, fill in a few details and get your bike insurance online. You must fill in details like your name, mobile number, registration number, etc., and click the "buy" button. You will be taken to a payment page where you can securely make the payment. You will get your two-wheeler insurance on your email or your registered mobile number via Whatsapp. Now isn't that easy, quick, and convenient?

Conclusion

The festive season is one of joy and cheer. You might have waited a long time to buy your next vehicle. It is the perfect time to make that dream come true, with the time being auspicious and many discounts offered. Get your two-wheeler today but remember to purchase the mandatory third-party two-wheeler insurance to stay covered in times of unforeseen events. Buying insurance is in the interest of a vehicle's owner as it protects them from various liabilities and financial obligations that might arise in case of an accident. It has become extremely convenient and easy to purchase insurance these days. You can do it sitting at home with the click of a few buttons and within a few minutes. Insurance providers like HDFC ERGO provide some of the best deals for third-party two-wheeler insurance and comprehensive two-wheeler insurance. All you need to do is visit their website, fill in your details, make the payment, and receive your insurance policy. The whole process would not take more than a few minutes. You get various types of bike insurance online with HDFC ERGO, one of the best insurance providers in the market. Get your two-wheeler insurance premium today!

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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