Motorbike rides provide a thrilling blend of speed and freedom, making them a popular and cost-effective choice. Yet, a seamless riding experience goes beyond the thrill; securing bike insurance is crucial.

Advantages Of Purchasing A Pre-Owned Bike:

India’s used two-wheeler market has expanded, offering budget-friendly options with advantages such as affordable, comprehensive bike insurance, no depreciation worries, and potential appreciation.

Essentials For Ownership Transfer:

• Compile Records: Gather essential documents for ownership transfer, including the original registration certificate, bike insurance policy, completed Forms 29 and 30, pollution control certificate, and the engine and chassis numbers.

• Vahan Portal: Access the Vahan Seva Portal, enter the bike’s registration and chassis numbers, and navigate to the Transfer of Ownership section. Complete the application form on the portal.

• Upload Documents: Upload scanned copies of the required documents on the portal for processing.

• Costs: Pay the ownership transfer fee using a debit card, credit card, or net banking.

• Present The Form: Apply, and upon approval, the Regional Transport Office (RTO) will mail the new registration certificate to your address. You might need to visit the RTO to collect the new RC in some states.

Advantages Of Digital Ownership Transfer

• Convenience: The entire transfer process can be completed from the comfort of your home, making it convenient for those with busy schedules or amid

• Transparency: The online process ensures a high degree of transparency, allowing you to track the status of your ownership transfer application.

• No Middlemen: The digital process eliminates the need for intermediaries or brokers, streamlining the transfer without external involvement.

Significance Of Two-Wheeler Insurance:

Upon completing the ownership transfer, obtaining two-wheeler insurance is crucial. Here are compelling reasons why:

• Protection From Damage: A comprehensivebike insurance policy covers repair costs in case of an accident. Limited third-party insurance won’t cover injuries or damage sustained by third parties.

• Legal Requirement: The Motor Vehicle Act of 1988 mandates two-wheeler owners to have third-party insurance for legal road usage—non-compliance results in heavy penalties.

• Theft Coverage: With the prevalence of vehicle theft in India, comprehensive insurance provides peace of mind. In case of theft, the insurer compensates based on the Insured Declared Value (IDV).

• Protection Against Vandalism: Comprehensive policies safeguard against damage due to vandalism or riots, ensuring reimbursement up to the IDV in bike insurance.

• Personal Accident Coverage: Opting for bike insurance and bundled personal accident coverage allows the insured to claim for injuries, medical expenses, disability, or demise resulting from an accident. Claims are subject to terms and conditions set forth under the motor insurance policy. *

• No-Claim Bonuses: While slightly more expensive, comprehensive policies offer superior coverage and benefits, including no-claim bonuses. These bonuses can lead to substantial concessions on policy bike insurance renewal. Claims are subject to terms and conditions set forth under the motor insurance policy.*

To ensure comprehensive coverage and financial protection, it’s essential to regularly assess and pay your bike insurance premium to keep your policy active and up-to-date

Whether purchasing a new policy or transferring the prior owner’s insurance is crucial in responsible bike ownership. Make sure you compare bike insurance online before buying one.

*Standard T&C Apply

Disclaimer: The content on this page is generic and shared only for informational and explanatory purposes. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making any related decisions.

Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.