Simple and convenient way to avail of Bike Insurance!

Imagine you are racing down an open road, the wind in your hair and the thrill of the ride energising you. Life with your bike is a dream come true, but have you thought about what might happen if that dream hits a bump? One minute, you are cruising smoothly; the next, you could face unexpected costs from an accident or damage. What if we told you that protecting your ride is simpler and more convenient than you might think? A Two Wheeler Insurance is not only mandatory, but getting one today is a breeze, and what's easier is raising the claim in the event of an accident or theft.

Here is the step guide for raising a claim if the insured bike is involved in an accident.

• Step 1: Contact your two-wheeler insurance provider immediately if your bike has been in an accident and requires repairs.
• Step 2: The insurer will send an authorised inspecting officer to assess the extent of the damage. The representative will then register your insurance claim, and you will receive a claim registration number for reference during the settlement process.
• Step 3: Tow your two-wheeler to the nearest garage for repairs and start the work. Ensure you collect and keep all repair bills. You can either claim reimbursement or get your bike repaired at a network garage offering a cashless facility.
• Step 4: If your bike is stolen, involved in a mishap causing injury to a third party, or damaging another party’s vehicle, you must lodge an FIR at the nearby police station.

Keep the following documents handy for smooth approval.

• Insurance claim form.
• RC copy of the bike.
• Tax payment receipt copy of the bike.
• Driving license
• Insurance policy documents.
• FIR copy in case of third-party bike damage, injury to third party or death.
• Repair bills and receipts.

Here is the detailed procedure you need to follow in the event of the bike being stolen:

• Step 1: Go to the nearest police station and lodge an FIR. You are required to give the keys to the stolen vehicle at the police station.
• Step 2: Inform your insurance company and the RTO where the bike is registered. The RTO will then prepare a transfer paper and give it to you along with Forms 28, 29,30 and 35.
• Step 3: Procure the No Trace or Untraced vehicle report from the police saying the vehicle was not found. Usually, it takes a month to generate this report.
• Step 4: Submit the following documents to the insurance company:

• FIR copy.
• Insurance claim form
• RC copy of the bike
• Driving license.
• RTO transfer papers along with Form 28,29,30 and 35. Once the insurance company receives all the relevant documents, their investigators will search for the stolen vehicle.
• No trace report by the police

• Step 5: After procuring all these documents, the insurance company will generate an Insured Declared Value IDV of the stolen vehicle if it is not found past 90 days from the date of theft. Remember, patience is crucial here, as the process usually takes 3 to 4 months.

Claiming bike insurance online is straightforward if you follow the right steps. Whether it’s for an accident or theft, prompt action, accurate documentation, and communication with your insurer are crucial. By adhering to the outlined steps and maintaining necessary records, you can ensure a smooth claim experience and get the financial support you need to get back on track.

Looking to apply for a Two Wheeler Insurance through HDFC Bank? Click here to get started!

Disclaimer: * The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances.