Which add-ons are essential for your two-wheeler insurance?

Ankita Sejpal February 23, 2018May 13, 2021

If you own a two wheeler, you would know that driving without adequate insurance is a road traffic violation. More than the legal aspect, an ideal insurance cover helps your near and dear ones to be adequately protected financially to cope with the difficult times post an accident or damage to the two wheeler.

A bike insurance helps you with a safety net in case of an unfortunate accident. You can expand this safety net by opting for handy add-ons to cover a wide range of events. While some add-ons may not be very essential, there are some which are absolutely vital to have. Interested to know which are the popular add-ons to consider? Then read on.

Zero Depreciation Cover

The insurance company usually deducts the amount towards depreciation when settling a claim. This amount has to be borne by the policyholder. However, with the zero depreciation cover, the depreciation amount will be covered by the insurance company.

The difference between having and not having a zero depreciation cover is that if you don’t have it, the insurance company will deduct the amount needed before you are compensated. But if you have it, the insurer will compensate for the full amount for repairs without deducting depreciation amount.

Return to Invoice Cover

This add-on can prove to be very helpful because the future is always unpredictable. With a standard comprehensive policy, in case of a theft or total loss, the amount of compensation you can claim depends on the IDV of the bike.

The RTI add-on helps cover the gap between the invoice value and the IDV of the two wheeler. So in case the two wheeler is stolen or damaged beyond repair, the add-on helps you obtain invoice value of the two wheeler (i.e. the on-road price) rather than a lower IDV.

This add-on is offered mostly in the first year of buying the bike. However, with time, the value which can be claimed under this add-on decreases because of depreciation. This add-on is still a pretty useful one to invest in and can help you immensely in an uncertain future.

Pillion-Rider Add-On

This add-on, as the name suggests, is an add-on that covers the pillion rider. In case there is an accident in which the pillion rider gets hurt or injured, he/she is not covered under a comprehensive insurance plan. This add-on will help you expand the protection to the pillion rider in addition to the driver.

Roadside Assistance Cover

This cover can be very useful if you like to travel long distances on your bike. In case your bike breaks down in the middle of a secluded place where help is not available, having this add-on can prove very beneficial.

With the RSA add-on, you can call the insurance company for assistance and they will comply by sending a mechanic or a towing van to take to the nearest garage.

It is clear that the purpose of add-ons is to provide total peace of mind to the bike owner in today’s times. By investing money and buying add-ons for your two-wheeler insurance, you can save a money and protect your bike effectively.

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