Everything You Need To Know About Sbi Two Wheeler Insurance

Online SBI General Two Wheeler Insurance Key Features and Renewal
Online SBI General Two Wheeler Insurance Key Features and Renewal from www.pinterest.com

What is SBI Two Wheeler Insurance?

Two wheeler insurance is a type of insurance policy that provides coverage to you and your vehicle against any financial losses that may occur due to an accident, theft, or any other unfortunate event. SBI two wheeler insurance is a type of coverage offered by the State Bank of India (SBI). It provides coverage of up to Rs. 1 lakh for your two wheeler and covers damages caused to your vehicle due to an accident, theft, fire, explosion, and other such events. This policy also includes third-party liability coverage, which provides coverage for any damage or injury caused to a third party due to your two wheeler.

What Does SBI Two Wheeler Insurance Cover?

SBI two wheeler insurance provides coverage for damage caused to your two wheeler due to an accident, theft, fire, explosion, and other such events. It also provides coverage for third-party liability, which covers any damage or injury caused to a third party due to your two wheeler. SBI two wheeler insurance also covers costs incurred due to medical expenses, as well as legal costs, if any, incurred in the event of an accident. In addition, it also provides roadside assistance, which covers the cost of towing your two wheeler to a nearby garage in case of a breakdown.

TRENDING šŸ”„  What You Need To Know About Medical And Dental Insurance In 2023

What Does SBI Two Wheeler Insurance Not Cover?

The SBI two wheeler insurance does not cover damage caused to your two wheeler due to natural disasters such as floods, earthquakes, and landslides. It also does not cover any damage caused by mechanical or electrical breakdowns. Additionally, it does not cover any damages caused due to wear and tear or regular usage of the vehicle. SBI two wheeler insurance also does not cover damages caused due to driving under the influence of alcohol or drugs.

Who Can Apply For SBI Two Wheeler Insurance?

Anyone who owns a two wheeler can apply for SBI two wheeler insurance. The policy can be purchased online as well as offline. You can visit the nearest SBI branch to purchase the policy. Alternatively, you can also purchase the policy online through the SBI website or through the various insurance aggregators that are available. The policy can be purchased for a period of one year or three years.

What Are the Benefits of SBI Two Wheeler Insurance?

SBI two wheeler insurance provides a number of benefits to its customers. This policy provides coverage of up to Rs. 1 lakh for your two wheeler and covers damages caused to your vehicle due to an accident, theft, fire, explosion, and other such events. Additionally, it also provides coverage for third-party liability, which covers any damage or injury caused to a third party due to your two wheeler. It also provides roadside assistance, which covers the cost of towing your two wheeler to a nearby garage in case of a breakdown. Lastly, it also provides discounts to customers who have a no-claim bonus.

TRENDING šŸ”„  Auto Insurance For The 21St Century: What You Need To Know

What Are the Documents Required for SBI Two Wheeler Insurance?

To apply for SBI two wheeler insurance, you need to submit certain documents such as your two wheelerā€™s registration certificate, driving license, insurance policy documents, and other such documents. Additionally, you also need to submit a duly filled-in proposal form and a valid photograph. You also need to submit the vehicleā€™s survey report, if applicable.

How to Renew SBI Two Wheeler Insurance?

SBI two wheeler insurance can be renewed online as well as offline. To renew the policy online, you need to visit the SBI website and enter your policy details. You will then be required to submit the required documents and make the payment. Alternatively, you can also visit the nearest SBI branch to renew your policy. You will need to submit a duly filled-in renewal form and make the payment to renew your policy.

How to Make a Claim Under SBI Two Wheeler Insurance?

In order to make a claim under SBI two wheeler insurance, you need to contact the insurer and provide them with the required documents, such as the police report, repair bills, and other such documents. You also need to submit a duly filled-in claim form. After submitting the required documents and the claim form, the insurer will process the claim and provide you with the compensation, if applicable.

Conclusion

SBI two wheeler insurance is a great option for two wheeler owners. It provides coverage of up to Rs. 1 lakh for your two wheeler and covers damages caused to your vehicle due to an accident, theft, fire, explosion, and other such events. Additionally, it also provides coverage for third-party liability, which covers any damage or injury caused to a third party due to your two wheeler. It also provides roadside assistance, which covers the cost of towing your two wheeler to a nearby garage in case of a breakdown. Lastly, it also provides discounts to customers who have a no-claim bonus. So, if you are looking for a two wheeler insurance policy, SBI two wheeler insurance is the right choice for you.

TRENDING šŸ”„  Flood Insurance ā€“ What You Need To Know About Getting A Quote