How to renew two-wheeler insurance after the expiry

Two-wheelers insurance is mandatory in India. Not having your bike insured will lead you to legal troubles. Most people tend to be nonchalant about insurance policies getting expired but this is not only illegal but can also lead to heavy financial debt in case of any unforeseeable circumstances. This is why it’s extremely important to renew two-wheeler insurance before it expires. In case you missed your renewal date and you have to renew the policy post-expiration, here are the following steps that you can follow to renew the policy online - 

• Click on renew the policy on the insurance provider’s website in case your previous insurance is from the same company. In case you’re changing your insurance company, you will have to click on a different tab. 
• Fill in the details of your existing policy and select IDV and no claim bonus (if applicable to your situation)
• Can then choose any additional coverage or add ons if you want to add to the policy 
• Fill in personal details
• After submission of final details, click on pay now. 
• Once the payment is done, you will receive a confirmation on email and a digital copy of the same. 

Insurance policies can also be renewed offline. In case you wish to opt for offline renewal of your two-wheeler insurance - you will have to visit the closest branch office along with your two-wheeler. In most cases, the insurer will inspect your vehicle in case of an offline renewal. Along with this, you will have to carry all necessary documentation - existing policy papers, identification proof, and registration certificate of the vehicle. 

We do suggest that since online renewals are much more seamless and have a plethora of benefits attached to them, one should opt for online renewal over doing it offline. Most insurance providers also provide a grace period post expiration of the policy - we recommend checking occasionally so that you do not miss important dates and can renew your policy in time. Here are the two-wheeler insurance policies provided by Chola Ms.