SBI Third Party Bike Insurance

SBI General Insurance has already benefited thousands of people and gained their trust over the years. By obtaining the SBI third-party bike insurance, you can fulfill the mandatory requirements of the Indian Motor Vehicles Act, 1988, for your two-wheeler to be driven on roads.

The SBI 3rd party bike insurance protects against all the third-party liabilities arising out of accidents involving your bike You can get coverage against third-party injuries, death, or property damages with the Bike insurance policy.

How does SBI Third Party Bike Insurance Work?

The process to claim the settlement under the SBI 3rd party bike insurance is quite easy and speedy. First things first, you must contact or inform your SBI bike insurance provider in case of an accident as soon as practicable. It is advisable not to do settlements with a third party without informing the insurance company. Once you have given the information about the accident, the company will send its surveyor as its representative who is responsible for the bike inspection and estimation of the total loss incurred. Once the company approves the surveyor's report, it will initiate the claim settlement against your application within a few hours.

SBI Third Party Bike Insurance vs. Comprehensive Bike Insurance

How to Buy SBI Third Party Bike Insurance Policy?

There are three ways to obtain an SBI third-party bike insurance cover- website, visiting the nearest branch, or dialing the toll-free number- 1800-102-1111. To get the premium offline, you can visit the nearest branch of SBI to your location and get the procedure done. However, buying the SBI third party bike insurance online is much easy and simple. All you need is to have a good internet connection to get the insurance done for your two-wheeler. With the SBI third-party two wheeler insurance policy online, you can save both your time and effort. Follow the below steps to get it done-

• Visit the official website of SBIG- https://www.sbigeneral.in/portal/buy-online/M2W/GetQuote?utm_source=google&utm_medium=cpc&utm_campaign=Sok_Brand_TwoWheeler_BuyingJourney&gclid=Cj0KCQjwgYSTBhDKARIsAB8Kukt0_DeNGLTy-gCNXDuCHdbBJF-vTHf_3XBPoYtvbvG1RnGX0suEKgcaAqtGEALw_wcB
• Enter the policy type you want to buy and enter your vehicle registration number to get the quotes.
• You can also proceed with "continue without vehicle number" and get a quote.
• Select out of various quotes available on the screen as per your fit.
• Pay the premium, and with this facility of SBI two wheeler third-party insurance online, you start getting your bike insured in a hassle-free way.

What All is Covered Under SBI Third Party Bike Insurance Policy?

Below are the inclusions of SBI third party insurance for two wheeler-

• Third-party financial liabilities that includes injuries, death and property damage.

What All is not Covered Under SBI Third Party Bike Insurance Policy?

Unfortunately, the insurance excludes the below coverage in a third-party bike insurance -

• The bodily injuries or bike owner are not covered under a third-party bike insurance.
• Damages caused due to illegal driving are not covered.
• Damages caused due to drunk driving are not covered.
• Damages caused when the driver was without a valid DL/policy are not covered.

Key Benefits of Purchasing SBI Third Party Bike Insurance

There are plenty of benefits of buying SBI third party bike insurance, which include-

• The company pays you the reimbursement for the financial expenditure of a third party.
• Provides coverage to cover damages against third-party property, death, or bodily injuries.
• Offers you peace of mind as you are financially protected against legal liabilities
• Keeps you away from paying heavy fines and penalties.

SBI Third Party Bike Insurance Review

With the help desk service on its online portal, SBI has enhanced the policyholders' experience to cater to their needs. SBIG is one of India's oldest insurance service providers, with above 11.5 lakhs of happy customers. If you buy the SBI third-party bike insurance, you can save up to 75% of the premium.