Motor & 2 Wheeler Insurance Renewal
Today, only buying a vehicle does not end your responsibility. You also need to protect it from different types of perils that it is exposed to such as accidents, third-party liability, any damage or loss to your vehicle including man-made hazards, natural calamity, and many more. There comes the motor insurance in your rescue that safeguards you and your precious vehicle from almost all the potential risks. As per the Motor Vehicle Act of India, it is mandatory to obtain a third-party motor insurance plan, if you own any vehicle.
Once you have bought a motor (Car, Two Wheeler, Commercial Vehicle) insurance policy, it is also important to keep your policy active which means paying the premiums regularly and to renew your policy from time to time. In fact, renewing your existing motor plan is as important as paying the premiums on time to keep the policy functioning. Different insurance companies that provide motor insurance plans offer different methods, be it online or offline to renew your motor insurance plan. To know more details about the renewals and their process, have a look at the below mentioned.