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Importance of Long-term Two Wheeler Insurance Policy

Submitted by rituroy on Tue, 06/01/2021 - 03:04

If you ride a bike, you already know how convenient it is. It allows you to freely move around city streets and traffic without difficulty. It can also be a great weekend companion for a little exploring. Despite all of your love and care for your bike, you overlook the most vital aspect: insurance.
But don't worry. Bike insurance is more common than you might think.
Renewing your insurance year after year might be a nuisance. You may forget the date; you may be travelling when the renewal is due; or you may continue to put off renewing your policy. While it is required to ride with legal insurance, many of us, especially as we get older, tend to take our bike insurance for granted. Riding without valid insurance, regardless of the reason, is exceedingly dangerous. It is not a risk worth taking, even if it is only for one day.
What’s going to happen?
You will lose your no-claim bonus if your two-wheeler insurance policy has been lapsed for more than 90 days. It may also result in increased premiums the next time you get insurance. You could also be fined if you don't have third-party liability insurance. But, more importantly, you will be without the financial assistance that insurance provides in the event of an accident.
What can you do?
If you're like most millennials and find it tough to keep track of so many significant dates, long-term two-wheeler insurance online is your best bet. We understand, which is why you can cover your two-wheeler for up to 5 years in one go with GIBL.IN. With a 5 Year Long Term Two Wheeler Package Policy, you'll be free of paperwork, date confusion, and renewal headaches for a long time!
Why choose a long-term two wheeler policy?
Apart from offering ultimate peace of mind, long-term two wheeler insurance lets you enjoy significant financial gains too.
In addition to that, your bike insurance premium rates are fixed for the whole duration of the policy. Hence, you will not have to worry about the yearly premium increase. You can also save money on administrative costs because you will acquire insurance for 5 years at once. This is an excellent option because most vehicle owners maintain their bikes for at least that long.
If you ask us, the advantages are self-evident. Your bike would appreciate the long-term two-wheeler policy, with so much to benefit from one policy. And we'll always be there for you if you need us. https://www.gibl.in/two-wheeler-insurance/