bike insurance

Advance Tips to Save More Money on Bike Insurance Renewal

There are a lot of ways available to do your bike insurance checking online to get to know the details of your plan. You can also do the renewal online. The best-selling hero insurance renewal process is smooth and hassle-free. Here are some advance tips to save more money on bike insurance renewal. 

Check your requirements and opt wisely

If you want to save more money on your bike insurance renewal, then you should regularly check your requirements and make your purchase or renewal in a prudent manner. Generally, if you opt for short-term tenure, the bike insurance remains active for one year, and during this time many things will be changed. 

For example; you can get married, relocate to a new place, switch your job, or many other things. This means that the requirements of policies are now changed. If you are regularly travelling with a partner on your bike, then you should buy a Bajaj or Hero insurance renewal policy by keeping your friend in mind. A bike insurance checks online with appropriate requirements help you not buy a policy with extra coverage. 

Choose the ideal policy type

One of the most crucial two-wheeler insurance policies is third-party insurance policy. This policy does not include cover for damages to your bike. So, when you are buying a Hero insurance renewal policy or any other insurance policy, make sure to invest in the policy that seems to fulfil all your requirements in an ideal manner. When renewing your bike insurance plan, you can upgrade or downgrade to any bike insurance policy according to your wish. This process will save you money and provide aid when your bike met with an accident.

Avoid buying unnecessary add-ons

You should always buy insurance coverage according to your requirements. Bike insurance checking online and adding covers with needs is beneficial in many aspects. It helps you during unfortunate events. However, you should ignore buying unnecessary add-ons, whether you are buying a Bajaj, Acko, or Hero insurance renewal policy. Extra add-ons for bike insurance policies simply mean extra premiums. You can reduce it by finding your requirements and saving money on the quote of your insurance policy. Some of the popular available add-on covers are engine protection cover, roadside assistance, zero depreciation cover, personal accident cover and many more. 

Avoid expensive modifications

Whenever you are buying a new insurance policy or even renewing the policy, you should avoid extra accessories on your bike. Modifications are considered extra accessories and not part of your bike during purchase. Thus, if your bike has modifications then the accessories will count as extra parts. It increases the price of your regular insurance policy. All the extra additional fitting and customisation in your car will eventually increase the price of your car insurance premium. 

Increase the tenure of your policy

We have noted that the bike insurance policy generally remains active for one year. However, there are various Bajaj, Acko, & Hero insurance renewal policies that remain active for a longer duration, up to 3 years. If you buy a 3 years bike insurance policy then you will not face the hassle of regular renewal. This process will save you time as well as money because they are cheaper as compared to regular bike insurance policies.

Maintain a higher NCB 

A higher No-Claim Bonus can help you fetch major discounts and offers in the total premium amount during the renewal of your bike insurance. One of the effective ways to maintain a higher NCB is by refraining from placing petty claims. You can do your bike insurance checking online to find the NCB value.