Have you been thinking about how to pay two-wheeler insurance? Just like you can pay your utility and credit card bills online, it is also possible to pay for bike insurance online. Gone are the days of visiting the insurance company’s office to purchase or renew a policy.

Before we understand fully how to pay two-wheeler insurance online, let us remember that this facility is available for both purchasing a new policy and renewing an active policy.

If you want to get a new policy for your two-wheeler, you need to select an insurance provider from whom you would like to purchase such a policy. You can either visit the websites of individual insurance providers or use an insurance aggregator website to compare different policies.

You will need to provide some essential data about your bike before you can decide the coverage you need from your insurance policy. This would include the year of manufacture, registration city, model and make of your bike, and the coverage you had under your previous policy if any.

How much do I have to pay for two-wheeler insurance?

The amount of premium depends on several factors. There is no one-size-fits-all premium amount that anyone can suggest to you. The best way is to set a budget for yourself and compare various policies. When you are browsing through different policies, always check the quotes from various insurance providers before making a final decision.

Bear in mind that the premium amount varies depending on the type of policy you choose. That’s why the amount you pay for a comprehensive cover will not be the same as a third-party liability cover.

Steps to pay for two wheeler insurance online

Wondering how to pay two-wheeler insurance premium online? Here is a step-wise guide you can refer to:

Once you have shortlisted the insurance company you want to go ahead with, it is time to complete the purchase process. You will need to provide the details of your two-wheeler, such as bike registration number, bike number, manufacturing date, driving license, and RC number, for processing the policy document.

Then you need to pay the premium for the policy you have selected. Depending on whether you are using an aggregator or the individual website of the insurance company, select the payment tab to proceed forward. You can use your credit card, debit card, digital wallets, or even net banking to pay the premium. You can also choose a payment gateway to process the payment.

If your payment is successful, you will receive a copy of the policy document at your registered email address. The insurance company will send across a hard copy of the policy as well.

Since buying an insurance policy for two-wheelers at the time of purchasing the vehicle is mandatory under law, make sure to complete the process right in the beginning.

If you have an existing insurance policy for your two-wheeler and you need to pay the premium for renewing it, you need to head to your insurer’s website. Keep the details of your policy, registration certificate number, and net banking/debit/credit card details handy for seamless payments. Once the payment is processed, you will receive an acknowledgment from the insurance company.

How to pay insurance for two-wheeler is no longer a cumbersome process, thanks to the various online payment modes available. So, make sure to pick a bike insurance policy that suits your requirements and drive around stress-free.

Disclaimer: The above information is indicative in nature. For more details on the risk factor, terms and conditions, please refer to the Sales Brochure and Policy Wordings carefully before concluding a sale.