The scooty has made a strong impact on the way a large number of Indians move around and commute. With its compact size and accessible price, it has become popular amongst people of all ages. If you have recently bought a scooty, then you may have also bought along the mandatory third-party insurance, as dictated by the Motor Vehicles Act of 1988. Now, the third-party policy helps you cover the third-party liabilities arising out of accidents. However, what about the dangers and risks to your two-wheeler? This is where comprehensive two-wheeler insurance comes into place. Let’s explore the hows and whys in this article.
Own damage is covered during accidents
While riding a scooty is comparatively easier, it is also to be admitted that they are more prone to damage in the case of accidents. If the scooty has caused damage to someone else or their property, then a third-party policy will take care of those expenses. But what about the damages that have occurred to your scooty? A comprehensive two-wheeler insurance policy helps you cover the repair and replacement of several parts of your vehicle when they get damaged in such situations.
Coverage from theft and fire
A scooty is, unfortunately, quite vulnerable to getting stolen. They are lighter in weight as compared to other two-wheelers and fetch a good price due to their popularity. Here, too, comprehensive motor insurance would be immensely helpful as it covers damages incurred due to theft and the total loss of a vehicle. In case of retrieval of a stolen vehicle, the policy will cover the repair for the damages. And, if the scooty has been deemed a total loss, then the insurance company is liable to provide you with the pre-determined compensation. If you opt for the return to invoice add-on with your policy, then you can get the full price of the vehicle as mentioned on the invoice.
The same coverage is to be expected with a comprehensive motor insurance policy in case of damage or total loss of the scooty due to fire.
Protection from natural disasters
Natural disasters are not within anybody’s control and can occur anytime. While you can secure yourself in your house, your scooty is open to the harsh elements that come with a natural disaster. It can topple over and get damaged during cyclones and storms, or get its parts corrupted due to waterlogging and floods. Earthquakes and landslides can also easily cause damage to your scooty. While you cannot control the effects of natural disaster, you can opt for a comprehensive two-wheeler insurance plan that covers these natural disasters.
The added advantage of riders/add-ons
With a comprehensive motor insurance policy, you can opt for add-ons such as zero depreciation cover, engine protection cover, roadside assistance, consumables cover, and so on. You can think about the uses you have planned for the scooty and then purchase the appropriate add-on. For instance, if you have planned long rides to isolated areas with your scooty, then roadside assistance may be apt for you.
It is to be noted that comprehensive insurance does not cover losses due to daily wear and tear, damage to accessories, mechanical and electrical breakdowns, damage/injury caused due to the driver’s negligence, and so on. Do read the policy documents carefully for a deeper understanding of the inclusions and exclusions of your two-wheeler insurance policy.
