Don’t Make These Most Common Mistakes While Renewing Your Bike Insurance

By Sumona

July 27, 2022

Bike Insurance

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Typically, when you buy a new bike/scooter, the dealer can provide you with a standard two-wheeler insurance policy with a one-year tenure.

After a year you have to renew the plan and renewing the policy the traditional way (offline) can be a daunting task for a first-timer. Therefore, the easiest way to do this is to renew the policy online through your bike insurance app.

Renewing two-wheeler insurance online is an easy process and renewing your bike insurance policy through an app will not take you more than a few minutes. All you need is to provide details of your two-wheeler and previous policy.

However, without adequate knowledge of the basics of the bike insurance policy, you can make some common mistakes when renewing the policy online. Below are some of the common mistakes you should avoid when renewing a two-wheeler insurance plan online.

Opting Out Of NCB Discount

The two main benefits of NCB (No Claim Bonus) are that it reduces the amount of premium payable at renewal and is transferable when you decide to purchase a new policy. Minor dents, scratches, etc. keep the NCB each year, avoiding claims, and keep a good history of claims while protecting the NCB.

You can save a minimum of 20% and a maximum of 50% from the insurance premium every year. You can check online how much you have deposited with NCB and whether you receive a discount on the renewal premium. If you can’t see the NCB details, let your insurance company know before renewing.

Presenting False Information

When filling out details online at the time you buy two-wheeler insurance, provide accurate information when it comes to your bike and personal information. If you change your location or change to another state, update your current address and contact number.

Also, Specify things like previous claims, age of the two-wheeler, etc. You might think you can hide the details to avoid policy rejection or to get a lower premium.

However, if there is doubt about the facts, the insurer may cross-check at any time during the policy term. This can lead to penalties or policy termination if they learn you have provided incorrect details. This can eventually damage your coverage.

Also Read Everything You Need to Know About Two-Wheeler Loan

Ignoring The Terms And Conditions

Do not ignore the information provided in the policy document. Check these carefully before you renew your two-wheeler.

Important if you need to file a claim in the future, consider the policy features you’ve mentioned here, what’s included what’s excluded, the claim process, cashless garages, etc. you will find.

If you have any doubts, you can contact your insurance company. The content of the policy document is important because the insurance company closely monitors them. Do not accept or approve anything that does not comply with the terms of the policy, as you may have a claim resolution issue.

Failure To Notify The Insurance Company Of Vehicle Modifications

You may decide to make some modifications or install additional equipment to your bike, but you should always report this to the insurance company.

A change means you change your bike features that were not there at the time you purchased the policy. If you do not notify, there may be problems during the payment of the claim.

For example, changing the appearance of mirrors, paintings, etc. can increase the premium. However, installing an anti-theft device or monitoring device can reduce the premium. You can notify the insurance provider of these changes with your bike insurance app.

In general, whether you’re renewing a comprehensive policy or third-party bike insurance, consider the list of factors involved. Making a mistake when making a claim can increase the premium or cause problems later on.




Sumona is a persona, having a colossal interest in writing blogs and other jones of calligraphies. In terms of her professional commitments, she carries out sharing sentient blogs by maintaining top-to-toe SEO aspects. Follow her contributions in RSLOnline and SocialMediaMagazine

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