DHFL Standalone Own Damage Bike Insurance

DHFL offers a total of three types of insurance to its customers. One of them is standalone or own damage two-wheeler insurance wherein the coverage includes own damage costs incurred due to any mishaps. Since the own damage costs are compensated for, the insurance holder is granted a sense of financial stability when faced with a crisis. 

Purchasing DHFL General Insurance own damage two-wheeler insurance policy ensures protection against own-damage costs incurred in situations like theft, fires, explosions, vandalism, or damages caused due to natural calamities or man-made disasters. While not mandatory, the purchase of this policy is beneficial as it enhances protection for the two-wheeler. 

How does DHFL General Insurance Standalone Own Damage Two Wheeler Insurance Policy Work?

• DHFL General Insurance own damage bike insurance policy is optional insurance to be bought by the insurance holder. 
• Own damage insurance is offered as a standalone yearly policy with an annual renewal.
• Since the third-party and own damage insurances have separated and aren't mandatory now, the latter can be bought voluntarily.
• Own damage insurance comes with add-on cover options.

DHFL Standalone Own Damage Two Wheeler Insurance Vs Third Party Two Wheeler Insurance Vs Comprehensive Two Wheeler Insurance 

What All is Covered Under DHFL Standalone Own Damage Two Wheeler Insurance Policy?

• Accidents where the insured two-wheeler is damaged.
• Standalone policy of DHFL two-wheeler insurance provides cover for damage caused by the two-wheeler in the case of fire or explosion.
• Theft or loss of the insured bike.
• Damage incurred by the vehicle due to natural calamities or man-made disasters like cyclones.

What All is not Covered Under DHFL Standalone Own Damage Two Wheeler Insurance Policy?

• Third-party liabilities
• Accidents that damage the bike while occurring outside the boundaries of the country.
• Accidents wherein the bike had been used illegally.
• mechanical breakdown or electrical failure of the bike.
• Two-wheeler depreciation.

DHFL Standalone Own Damage Two Wheeler Insurance Policy Benefits

DHFL General Insurance standalone bike insurance policy offers various benefits, including:

• The cover protects the two-wheeler against own-damage costs and expenses in various scenarios. The compensation also provides the insurance holder financial stability in times of crisis like calamities or road accidents.
• DHFL General Insurance own damage two-wheeler insurance policyholders are given a No Claim Bonus as an incentive for good driving habits. This reward is cumulative and hence can go up to 50% in the fifth consecutive year.
• DHFL General Insurance own damage two-wheeler insurance online has a great variety of add-on covers for policyholders to select from to enhance the coverage of the policy.

DHFL Standalone Own Damage Two Wheeler Insurance Policy Review

DHFL General Insurance own damage bike insurance policy is a very convenient option when buying bike insurance. You can buy it quickly and in a hassle-free manner. The transaction is transparent, and the premiums are kept affordable for the users. The consumer service is responsive and assists at every step of the way.