Reasons Why You Should Choose DHFL for Your Bike Insurance Policy
The Motor Vehicles Act of 1988 has made it mandatory for every two-wheeler rider on the road to purchase bike insurance plan. Several leading companies have launched various two-wheeler insurance policies. DHFL General Insurance is one of the leading organisations that comply with this legal requirement.
Dewan Housing Finance Corporation Ltd. (DHFL) was founded in 1984. The company provides easy access to housing financing, home equity loans, and many other segments, such as insurance. DHFL's insurance business is supported by Wadhawan Global Capital, led by Mr Kapil Wadhawan.
DHFL General Insurance offers COCO, i.e., 'Connected' and Covers'. This name represents the company's range of bike insurance policies in the digitally connected world that reach people even in the country's farthest corners. The values and vision of DHFL include improving the lives of its policyholders and making them feel safe and enriched.
DHFL offers two-wheeler insurance plans with the lowest premium. It has many satisfied customers and active claims assistance which is processed within seven days. DHFL bike insurance plans are transparent, and the calculated premium is convenient for users. Customer service is responsive and helps every step of the way.
Comparison of DHFL’s Bike Insurance Policies
DHFL mainly has third-party bike insurance and comprehensive two-wheeler insurance. Let us understand the difference between the plans offered by DHFL:
| DHFL Comprehensive Bike Insurance Policy | DHFL Third-party Bike Insurance Policy |
| Coverage for third-party liability such as financial and legal obligations and own damage coverage | Coverage only for third-party liabilities |
| Add-on covers can be purchased in conjunction with this policy | Add-on coverage is not available with this policy |
| This policy is not mandatory, and the purchase of the comprehensive bike insurance plan depends on the preference of the insured | This policy is mandatory to purchase, as stipulated by Indian law, if no other bike insurance has been undertaken |
| Extensive coverage is provided; thus, the range of premium is slightly higher | The coverage is low, so the premium to be paid is quite basic |
What is Covered by DHFL's All-Risk Two-wheeler Insurance?
The DHFL comprehensive two-wheeler insurance offers insurance cover for the following aspects:
- Theft or burglary
- Third-party liabilities
- The insurer will cover all bodily injury, permanent disability, death, and third-party property damage
- Damages due to riots, terrorist activities, or similar man-made disasters
- Bodily damage caused by natural disasters
What is Not Covered by DHFL’s Comprehensive Two-wheeler Insurance?
DHFL's comprehensive two-wheeler insurance does not cover the following:
- Normal wear and tear
- Contractual liability damages
- Mechanical or electrical failure
- Driving without a valid driving licence while intoxicated or drunk
- Intentional losses or damages
- Damage suffered during war or similar situations
What are the Benefits of Buying DHFL Bike Insurance Online?
It is best to evaluate different kinds of two-wheeler insurance plans based on various criteria at different premiums. At DHFL, you can take out two-wheeler insurance that suits you at an affordable price. Below are the benefits of purchasing your two-wheeler insurance with DHFL:
Customer Focus
DHFL puts its customers first and seeks to stay in touch with its valued customers to establish a deep and lasting relationship.
A Wide Range of Cashless Repair Network
DHFL offers exceptional services when it comes to cashless claims. They have a wide network of service centres – approximately over 1,100 networked workshops that simplify the cashless claims process of your two-wheeler.
Passion for Earning
DHFL is passionate about revenue generation and takes a "CAN DO" approach. The company is always striving to grow, develop, and set new standards in the insurance industry.
Multiple Options
DHFL offers you various options in bike insurance plans. You can choose from a wide range of additional covers when taking out comprehensive insurance. You can also get coverage for financial and legal obligations to third parties and damage to the insured's two-wheeler. Tailor your insurance plans to your specific needs that cover financial emergencies.
Innovation
DHFL strives to differentiate its infrastructure, offerings, and processes and deliver more at a reasonable price.
Additional Coverage
Get different DHFL bike insurance add-on such as zero depreciation cover, roadside assistance, engine protection cover,etc. However, you cannot take out additional covers with liability-only insurance.
Economical
DHFL General Insurance offers affordable protection for many people who may encounter road accidents in their lives. Two-wheeler insurance from DHFL is easily accessible and can be obtained online. It has a 24/7 support service to answer customer questions.
Fast and Uninterrupted Services
Thanks to technological advancements, DHFL offers fully personalised digital services for purchasing, renewing, or claiming your bike insurance online. Getting two-wheeler insurance from a supplier with a quick claims resolution process is key. This relieves you of the stress of affording the cost of repairing the damage to your bike.
Conclusion
With DHFL General Insurance, you can easily buy, renew, claim, and apply for their two-wheeler insurance online. The Indian Motor Vehicles Act states that every two-wheeler rider must have valid bike insurance. So, check out different insurance plans available at DHFL and choose the one that best suits your needs.
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Add ons for your Two Wheeler Insurance
The required documents are as follows:
- Two-wheeler registration number
- Your photo ID and proof of address
- Photocopy of driving licence
- RC certificate
No, the policy does not include any additional coverage.
You can visit the official website of DHFL and get quotes for the preferred two-wheeler insurance online policy. You would need to enter certain product-related details and the bike licence plate number to get the appropriate quotes.
The third party receives full coverage in case of a permanent disability, and the law decides on the matter.
The insurer must be contacted immediately to file a claim against any damage caused to the bike. You can contact the insurer by calling their toll-free number or online.