Is bike insurance necessary?

Is bike insurance necessary?

Under the Motor Vehicles Act, the Government of India has made it mandatory for every bike owner to have an insurance policy. ... Policies also cover damage to the bike by natural calamities like floods, earthquake, fire, etc. So, you can make a claim under these circumstances.

What are benefits of bike insurance?

Two Wheeler Insurance also helps you protect your vehicle in case it is ruined due to a natural disaster. Furthermore, Two Wheeler Insurances also help you stay protected under damage due to other circumstances that are out of your control like damages due to traffic, fire, theft, robbing, riots, terrorism, etc.