List of Add On Covers for Bike Insurance

What is an Add-on Cover for Bike Insurance?

An add-on cover for bike insurance is an extra protection you can add to your basic plan. It covers damages and losses that normal insurance does not. You pay a little more money for this extra cover.

Add-ons can protect your bike parts and help in case of any breakdown. They make your bike insurance effective and safer.

List of Add-On Covers for Bike Insurance

Here is the list of ten add-on covers for bike insurance that you can purchase for better and complete coverage of you and your bike:

• Zero Depreciation Cover: This add-on is also called Zero Depreciation or Bumper-to-Bumper Cover. It helps you avoid a loss of money due to depreciation. Normally, when you claim for bike parts repair or replacement, the insurance company reduces the amount by depreciation. But with this add-on, you get the invoice price of your bike without any deduction of the depreciation amount. This means you get full compensation to fix your bike.
• Return-to-Invoice Cover: This add-on gets back the full price of your bike. It works if your bike is stolen or completely damaged. Normally, insurance pays the current market value of the bike, which may be less than what you paid. But with this add-on, you get the original purchase price, including road taxes and registration fees. This means you get more money to buy a new bike if yours is lost or destroyed.
• NCB Protection Cover: NCB stands for No Claim Bonus. It is a discount you get on your bike insurance if you don’t make any claims during the year. Usually, if you make a claim, you lose this discount. But with this add-on cover in insurance, you can still get a discount. This means you won’t lose your bonus discount when you renew your policy, and you can save money on your next premium payment.
• Personal Accident Cover: This add-on cover in insurance gives extra personal accident cover for you and your family. It provides financial help if you get hurt or die in a bike accident. Riding a bike can be risky, so this add-on gives you protection in case of any expected mishaps. If the accident is deadly, the insurance company will pay a fixed amount to your family. This payment is over and above the regular bike insurance amount.
• Consumables Expenses: If an accident damages some small parts or materials in your bike, this add-on cover in insurance will pay to replace or fix them. These things include screws, nuts, bolts, washers, engine oil, brake oil, grease, and other similar items. Fuel is not covered under this add-on.
• Emergency Medical Expenses: This add-on cover for bike insurance pays for medical bills and ambulance costs if you or your pillion rider gets hurt in an accident. It covers the money spent on treatment at any hospital or nursing home. It also pays for moving you or the pillion rider to the hospital.
• Tyre Damage Cover This add-on cover for bike insurance provides financial support to pay for the repair or replacement of your bike’s tyres if they get damaged in an accident. In normal bike insurance plans, tyre damage is not fully covered. Damages such as punctures, cuts, or bulges are usually not included.
• Engine Cover Engine Cover is an add-on in bike insurance that protects the engine from damage caused by water entry, oil leakage, flooding, or mechanical failure. This cover is helpful if you ride in heavy rain or areas prone to waterlogging. Normally, engine repairs are costly, but this add-on covers those expenses.
• Accessories Cover This add-on protects any extra items or accessories added to your bike, like a music system, mobile holder, fancy mirrors, or extra lights. If these accessories get damaged or stolen, this cover will pay for their repair or replacement. It is useful if you have added valuable parts to your bike that are not covered in the basic insurance.
• Pillion Cover This add-on protects the person riding as a passenger (called a pillion rider) on your bike. If the pillion rider gets injured in an accident, this cover pays for their medical expenses or compensation. It gives extra safety to your pillion rider beyond the basic bike insurance coverage.

Why Buy an Add-on Cover in Insurance?

Here are some reasons why you should buy an add-on cover for bike insurance:

• Add-on cover gives extra protection beyond basic insurance.
• It covers more damage or losses than a standard plan.
• You can save money on repairs and replacements.
• It protects your bike parts and accessories better.
• Add-ons help in emergencies, like breakdowns or accidents.
• It gives you peace of mind while riding.

Conclusion

In conclusion, add-on covers for bike insurance protect you from many extra risks that a basic policy may not cover. These covers can include protection against theft, personal accidents, engine damage, and more. Choosing the right add-ons depends on how you use your bike and what kind of protection you need.

Adding these covers can give you more peace of mind and save you money if something unexpected happens. Always check the details and costs before you buy bike insurance add-ons to make sure they suit your needs. This way, you can keep your bike and yourself safe.

If you have any issues with the add-on selection, feel free to connect with us through the customer care number.