When you go to the showroom to buy a new bike, the dealer often suggests you to take bike insurance from there. But is this really important? Can you take insurance from outside the showroom and what are the benefits of it? Let us talk in detail on this subject and answer all your questions.

Insurance from showroom: facility or limited option?

It seems convenient to take bike insurance in the showroom. With the purchase of your bike, the insurance work is also completed. Dealers show you plans of selected insurance companies with which they have partnership. But here the question arises whether these plans are the most economical and suitable for you? Many times the premium amount of the insurance plan offered by the showroom is high, and the coverage may be limited. In addition, you get less freedom to choose the policy according to your needs.

Benefits of taking insurance from outside

The biggest advantage of taking insurance outside the showroom is the variety of options. You can compare many policy online platforms such as policy markets, insurance, or by visiting the websites of insurance companies directly. This can give you a policy with better coverage in low premium. For example, you can choose wide (compressive) insurance instead of third-party insurance, in which the theft, accident, or natural disaster damage is covered.

In addition, on taking insurance from outside, you can add ad-on cover such as zero depotry, roadside assistance, or engine protection. These ad-ons provide additional protection to your bike. Also, many companies offer discounts on purchasing online insurance, as it does not include any mediator.

What does the law say?

Third-party insurance is mandatory for every vehicle under the Motor Vehicles Act, 1988 in India. This means that your bike must be insurance, but it is not necessary to take it from the showroom itself. You can buy insurance from anywhere according to your convenience and budget. The showroom cannot force you to take insurance.

Way of not taking insurance from showroom

If you do not want to take insurance from the showroom, then tell the dealer clearly that you would like to take a policy from outside. You can already buy a policy by comparing online and show it in the proof showroom. This will not delay the delivery of the bike. Keep in mind that the registration number and other details of your bike should be correct while purchasing the policy.

Precautions and suggestions

It is important to take care of some things while buying insurance. First, check the reliability and claim settlement ratio of the insurance company. Second, read the terms and conditions of the policy well, so that there is no surprise later. Third, choose coverage according to your needs. If your bike is expensive or you make long journeys, it may be better to take comprehensive insurance and ad-on cover.