July 25, 2024

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How to renew bike insurance after it has expired?

The rising motor inflation and dynamic nature of traffic and roads have made it crucial to have a proper bike insurance plan to bridge any unforeseen expenditure. If you want to enjoy uninterrupted coverage, you need to check constantly and do your bike insurance renewal on time. By doing so you can easily prevent it from getting lapsed. Renewing your bike insurance after it has expired is also a simple process, but it is recommended to renew it during the grace period itself. 

If you are confused about how to renew your bike insurance after it has expired, here are all the details about it. Read to know more!

What do you need to do if you want to renew your bike insurance after its expiry?

  • Contact your insurance provider: 

You can contact your insurance provider either through phone or email to inquire about the bike insurance Online renewal process. Tell them when your bike insurance policy expired and ask them for assistance regarding renewal. Provide them with your policy number and other necessary information. Get your queries relieved to proceed with the process. 

  • Get your bike inspected: 

Another very important thing you need to do after speaking with your insurer is to get your bike all checked up. Your bike insurance provider may ask you to get your bike inspected before renewing your insurance policy. If you prefer an online mode of application, you can get your bike checked and submit the reports. If you go with offline mode, you need to take your bike to the insurance provider’s nearest office to get it checked and certified by their experts. 

  • Fill up the renewal form: 

Once the inspection is done, your insurance provider will send you a renewal form along with the premium quote in 2 or 3 working days. Fill it up with accurate information and attach the necessary documents like the inspection report. Along with the bike insurance renewal form, you need to submit a few essential documents for verification. The documents are a copy of the previous policy or renewal notice sent by your previous insurance provider, vehicle RC (Registration Card), your photographs and a copy of your Driving license. 

  • Pay the renewal premium: 

After filling out the form, you will be required to pay the renewal premium. You can make the payment online or through a cheque. If you do not want to do the payment online, you can head to your bike insurance provider’s nearest office to pay the insurance sum. 

  • Receive the renewed policy: 

Once you have paid the renewal premium, your insurance provider will send you the renewed policy document. Ensure that you read the document thoroughly to understand the terms and conditions. Also, the policy will take effect after three days of premium payment. 

It’s important to process your bajaj allianz bike insurance before it expires to ensure that you are protected against any unforeseen damages. Also, renewing your motor insurance on time before its expiry ensures you have a smooth and seamless renewal process. Although, if you have missed the deadline, it’s always advisable to renew it as soon as possible to avoid any penalties or further complications.

Benefits of renewing your bike insurance on time 

  • Renewing your insurance ensures that you continue to have this protection, reducing your financial burden in case of an accident or theft.
  • It ensures that you comply with legal requirements and avoid any legal penalties.
  • You can effectively use the benefits of the accumulated No-claim bonus. 
  • When you renew your bike insurance, you can customize your coverage to meet your specific needs.
  • It gives you peace of mind.