Bike insurance claim settlement is the process where the policyholder files for compensation from the insurer for the expenses or damage caused to or the insured vehicle during the happening of an uncertain event.
The amount provided the insurer during settling the claim amount depends on the insured declared value of the two-wheeler and also on the type of policy adopted, whether it’s standalone own damage, two-wheeler third party insurance, or a comprehensive bike insurance policy.
Can I File a Bike Insurance Claim if My Friend Was Riding My Bike?
Fortunately, you can file a two-wheeler insurance claim in India if your friend was riding your insured bike when it met with an accident. However, it is necessary that your friend has a valid driving licence and was not overspeeding, intoxicated, etc.
The extent of coverage will depend on the kind of bike policy you have purchased. If you have a comprehensive bike insurance policy, you can get coverage for third-party as well as own damages.
Types of Bike Insurance Claim
Cashless Bike Insurance Claims, where the policyholder does not need to pay the claims from his pocket. The only condition that remains important is that the services are carried out in a network garage, and as the insurer has tie-ups with these garages, they pay the expenses directly. Leading insurers like Tata AIG have a wide network of over garages across the country which offer cashless repairs.
Reimbursement Bike Insurance Claims, where the policyholder has to bear the repair expenses from their pocket, and later on, the insurance company pays back the required amount. This happens only after verifying the necessary documents like the original repair bill, receipt, policy document, and registration certificate.
Documents Needed to File a Bike Accident Insurance Claim
For filing two-wheeler insurance online, you need the following documents:
- Driving Licence
- Bike Insurance Policy Certificate
- Pollution Under Control Certificate
- ID Proofs
- Bike Registration Certificate
- FIR Report
- Fire Brigade Report
- Cancelled Cheque
- Original bills for repairs
- Other Documents
Procedure of Motorcycle Insurance Claim to be Followed in Case of an Accident
The first step to filing a bike insurance claim is to inform the insurance provider about the accident that involves your two-wheeler. The insurer on being informed will register your claim and give you a reference number.
If required, file an FIR and save its copy to produce before the insurer along with other documents.
The next step would be the inspection of your bike’s damage an inspector who will evaluate the damage caused to your two-wheeler and, if required, would also visit the location of the accident.
Then take your bike to the nearest accessible garage as intimated your bike insurance provider to get cashless repairs.
The last step would be to settle the cost of repairs that would be paid to the garage your insurance provider. After you get paid for your necessary deductibles you can claim your two-wheeler.
Conditions Under Which Your Claim Can Get Rejected
Providing false information regarding the incident.
Riding the two-wheeler without a proper insurance policy.
Not having a valid driver’s licence.
Repairing or replacing the damaged vehicle without giving any prior information to your insurer about the accident or theft.
Conclusion
Thus, to sum up, it is necessary to provide the accurate and complete paperwork that is needed to expedite the claim settlement process. You need to ensure that prompt reporting of incidents and adhering to the insurance policy guidelines are important to have a successful claim experience. So hurry up and get your online bike insurance claim today.
Frequently Asked Questions
Does a two-wheeler insurance policy cover the damages if your bike is driven some other person?
Yes, it does. Two-wheeler insurance policies cover the damages or losses caused to the bike, when it is driven anyone apart from the owner. However, certain conditions need to be met.
What happens when someone else drives my car and gets in an accident?
Remember, that you are the owner so you are 100% liable for Civil Damages from the Insurance claim.
