An anti-theft device not only protects your bike but can also help you get discounted premiums on your two-wheeler insurance policy. With an anti-theft device and a bike insurance plan, you can have comprehensive protection for your bike. Although a bike is mostly affordable and maintenance is low cost, it is important to take certain measures so that you can ensure its safety and longevity.
Anti-theft helps you secure better protection for your two-wheeler as well as help you with bike premium discounts. Read on to find out how.
What is a Two Wheeler Anti-theft Device?
A two-wheeler anti-theft device is a security device that notifies the owner if their vehicle is being suspiciously moved. It either rings an alarm or sends a call or notification to the owner's phone if their vehicle gets moved after it has been parked and the anti-theft device has been activated. It is a very helpful device that takes prompt action and prevents your two-wheeler from being stolen. It is especially important to have such a device installed if you have to regularly park your bike in an unsheltered area, for long hours.
Types of Anti-theft Devices in India
There are multiple types of anti-theft devices that are available in India. There are also various brands manufacturing these devices. Regardless of which device you choose, it must be approved by the Automobile Research Association of India (ARAI).
The following are the types of anti-theft devices available in India:
1. Alarm-based Device
This type of anti-theft device sounds like a blaring alarm that alerts everyone in the vicinity that the vehicle is being tampered with or is being forcibly moved from its position. It is also one of the cheapest options available.
Mr. Suresh moved to a new and remote town in December 2021. Since he was concerned about the security of his vehicle, he installed a theft alarm on his two-wheeler before he moved. It would ring any time his two-wheeler would be moved from its parking spot. He also made sure to purchase a two-wheeler insurance policy so that he could face any contingencies regarding his two-wheeler without worries.
He had decided to purchase the Comprehensive Two Wheeler Insurance Policy from HDFC General Insurance. When stating the details of his two-wheeler, he mentioned the installed alarming device he had purchased for his two-wheeler. Since it was an ARAI-certified security device and its installation significantly reduced the theft risks associated with his two-wheeler, he was given a discount of INR 500 on his own damage premium by the two wheeler insurance company.
2. GPS Tracker
A GPS Tracker is one of the most convenient anti-theft devices. It is also very helpful as it helps you track down the bike even if it gets taken away. This kind of anti-theft device provides the owner with the real-time location of their bike.
There are various types of immobilisers available as anti-theft devices in India. Immobilisers can be largely divided into two types- mechanical and electrical. Mechanical immobilisers include tyre locks, gear locks, etc. They are also cheaper compared to electronic immobilisers.
How Installing Anti-theft Devices Help You Get Discounts in Bike Premium?
For you to avail of this type of discount, your anti-theft device must be an ARAI certified one. The exact amount of discount that you can avail of, is calculated on the basis of your current premium and your policy term. It is advisable to consult your insurance company to know how much discount you can get with your two-wheeler insurance if you have an anti-theft device.
Other Ways of Saving on Your Two Wheeler Insurance Premiums
Besides buying an anti-theft device, here are some simple ways in which you can save on your two-wheeler insurance policy.
- Compare Two Wheeler Insurance Plans - Always make sure to compare various two-wheeler insurance plans, before you settle on one. This will help you see multiple deals and provide more options. Not all insurance plans have the same amount of offers or discounts, which is why you must compare and choose the best one for yourself.
- Choose A Longer-term Two Wheeler Insurance - A longer two-wheeler insurance plan helps you get long-term protection for your bike. Moreover, it is often seen that plans charge higher premiums after they are renewed. With a long-term two-wheeler insurance plan, you will not have to worry about your plan renewal for a significant amount of time.
- Keep Your NCB Intact - Try not to claim from your insurance plan if the contingency is affordable, like for minor repairs. Do not think that just because you did not claim during the policy term, your premiums are going to waste. On the contrary, the No Claim Bonus at the end of the policy term is significant and can provide beneficial discounts.
- Select Only Relevant Two Wheeler Insurance Add-ons - Do not just buy any add-on for your two-wheeler insurance plan. Choose only the ones that are relevant to your needs and circumstances. Unnecessary add-ons are just extra expenses that are costly to purchase as well as maintain.
An anti-theft device is a beneficial purchase. Make sure to buy a valid and relevant anti-theft device. They help keep your bike safe and your two-wheeler insurance plan, at an affordable price.