A two-wheeler insurance policy offers financial solutions against accidents and emergencies that involve your two-wheeler. It offers solutions to the financial strain and liability that follows accidents, theft, natural disasters and other risks.
So, when you buy two-wheeler insurance, you have to be extremely cautious and well-informed in choosing the right policy, provider, IDV, coverage, etc. Otherwise you may end up facing significant losses. Fortunately, you can port your bike insurance to a more reputable provider for better coverage, cost-effectiveness or any other distinct feature.
Understanding Bike Insurance Portability
Do you ever feel the need to port or transfer bike insurance to a better provider? First, let us understand how portability works.
Porting your two-wheeler insurance policy refers to the feature that allows you to transfer bike insurance from your existing insurance company to another. This allows a policyholder to buy a new two-wheeler insurance policy from another insurance company.
The biggest and most important benefit of bike insurance transfer online is being able to carry forward your no-claim bonus from the previous policy. If you want to make your comprehensive or own-damage insurance for bikes more beneficial and all-inclusive, you can transfer bike insurance online.
Policy portability differs from transferring your two-wheeler insurance name transfer online or when you transfer bike insurance to a new owner. Instead of transferring policy to a different, in portability, you switch to a different provider.
Let us help you understand how to transfer your bike insurance to TATA AIG, a reliable and renowned company.
Transfer Bike Insurance To TATA AIG
● Step 1: Inform Your Insurer
The first step to transfer bike insurance is informing your existing insurance company. You must inform the insurer well in advance in order to complete all the paperwork on time. Timely bike insurance transfer online ensures that there are no coverage gaps.
You must ask them for all the necessary documents required to cancel the present two-wheeler insurance policy.
The insurance company will ask you various questions, such as the reason for changing the provider, for example, service gaps, missing features, cost etc. You can mention your own reason for portability.
● Step 2: Fill-out Necessary Forms
You must complete essential transfer forms. Ensure that you apply for your no-claim bonus certificate (if applicable) along with the policy cancellation form. Fill out all the details accurately to avoid any hassle that may follow.
● Step 3: Pay Required Fees
If there are any cancellation fees applicable to the transfer process, pay them and proceed with the transfer.
● Step 4: Purchase TATA AIG Policy
If you want to purchase a policy from TATA AIG, pick a policy that fits your needs and then proceed.
There are three types of two-wheeler insurance policies offered by TATA AIG: third-party liability, own-damage coverage and comprehensive bike insurance.
- Go to the bike insurance page on TATA AIG’s official website.
- Enter your bike’s registration number.
- Click on the “Get Price” option.
- Submit all the essential details, like bike insurance coverage, required add-ons, IDV, bike details, personal details and more.
- You will receive a relevant quote from the insurer.
- You can now buy the policy if the quote suits you.
- The policy documents will be shared with you at your registered email address.
Reasons For Porting Your Bike Insurance Policy
- One of the most important reasons to transfer bike insurance is insufficient benefits. When purchasing bike insurance, you might choose the wrong policy, resulting in inadequate coverage. Therefore, you can transfer your bike insurance online to obtain better coverage.
- Another reason to transfer bike insurance is a change in preferences. Your needs or priorities may change and you may look for a policy that better aligns with your current requirements.
- If you purchase a new two-wheeler, you will need a new bike insurance policy. You will need an upgrade to protect your new bike with better coverage and services. Some TATA AIG benefits are low premiums, great customer services, a wide range of add-ons and better features.
Conclusion
When you transfer your two-wheeler insurance policy to TATA AIG, you can enjoy all the benefits and features offered by the insurer. With TATA AIG bike insurance, you can get access to comprehensive coverage options, an efficient claims process, a wide range of add-ons, etc., ensuring better insurance coverage and experience.
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