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Why is Used Bike Insurance Necessary?

Used bike insurance for second hand bikes is just like new bike insurance. It is compulsory by law. It can be categorized as 3rd party, own-damage or comprehensive insurance. It protects you & your bike, against losses & damages caused to yourself & the third party.

• Get Personal Accident Cover: Pays for injuries due to accidents.
• Cashless Garages: Cashless garage repair services.
• 3rd Party Cover: Pays for 3rd party injuries, damage & death.
• Own-Damage Cover: Pays for own injuries, damage & death
• Cover Against Theft: Compensation if the bike is stolen.
• Natural Calamities Cover: Pays for damages due to natural calamities.
• Man-made Calamities Cover: Pays for damages due to man-made calamities.

There are many aspects which need to be evaluated to determine the premium of your second hand bike. These factors include the make & model, bike condition & previous insurance. You can provide us with your details & contact us. We will help you to get the exact price of your second-hand bike insurance.

• Gather Bike Documents: Scan bike documents like RC & ID proof
• Visit Insurer’s Website: Go to the insurance company’s official website.
• Submit Documents: Submit the scanned documents or enter details
• Get Price Quote: Get a quote for your bike insurance
• Bike Inspection: An insurance surveyor will come for vehicle inspection
• Pay Premium: Pay the respective premium amount.
• Get Policy Documents: The policy will be sent via email to you.

You can renew your pulsar bike’s insurance at Bajaj’s official website. However, for easy & fast renewal, provide us with your details & connect with us. At Coverfox, we will get your renewal process done quickly.

• Registration Certificate: New RC (on your name)
• Policy Documents: Current bike policy documents
• Address Proof: Aadhar Card, Voter ID, Licence or Passport
• Photographs: Your passport size photos

• Check RC Name: Ensure the new RC is on your name
• Check IDV: Check the IDV of the used bike.
• Buy Higher Cover: Buy insurance with higher coverage for maximum benefits.
• Get NCB Transferred: Get No Claim Bonus transferred for added discounts.
• Get Add-On Covers: Buy add-ons like Zero Depreciation & Invoice Protection for more benefits

For proper guidance from an expert, please provide us with your details & we will connect with you.