Majority of the bike owners must be aware of the government’s mandate to have proper third-party Two-Wheeler Insurance to drive on Indian roads. The Bajaj Allianz bike insurance is one of the best plans available in the market. However, there are some doubts prevailing whether this rule is applicable to electric scooters and e-vehicles.
If you are planning to purchase a new electric scooter and are confused about whether you need to get two wheeler insurance or not, no worries! We have got you covered! Keep reading to know whether two-wheeler insurance is mandatory for electric scooters.
What is Two-wheeler insurance?
Two-wheeler insurance is a tool of financial assistance that protects your bike against any unforeseen circumstances and doesn’t make those situations become a burden on your pocket. Providing financial coverage of the amount insured, the bike insurance protects you against accidental expenses that may arise due to your bike. There are different types of insurance policy plans available in the market for you to choose from. Be it third-party bike insurance or comprehensive bike insurance, you can get it from the best insurer, Bajaj Allianz bike insurance.
What does the government say about two-wheeler insurance?
According to the Motor Vehicle Act of 1988, the government has made it mandatory for all bike owners to have proficient third-party bike insurance to drive. By doing this, the government ensures the protection and proper maintenance of users’ bikes. By investing in proper two-wheeler insurance, one can be at peace during times of emergency.
The government’s policy asks the bike owners to have at least third-party insurance. Not having third-party insurance can get the vehicle drivers penalise or book. If found driving without bike insurance, the rider can be fine up to Rs. 4,000 or be imprison for up to 3 months.
Third-party insurance is one of the most important insurances in this field because it helps in buying cover for the medical and repair expenses of the third party. For instance, if your two-wheeler meets with an accident and another person gets involve in it, the amount of money require for their treatment and the repair of their bike will be taken care of by the insurance provider. You can get your policy from Bajaj Allianz bike insurance, which is one of the bests in India.
Electric scooters and insurance
Electric scooters have become popular in recent times for various reasons. Their affordability, lightweight body, ease of use, as well as environment-friendly features attract more and more customers towards them. Plus, by opting for electric scooters, you can do your part in maintaining eco-friendly practices to save the environment.
The question Is, “Is two-wheeler insurance required for electric scooters?”
The answer is ‘Yes’. Considering the ever-increasing traffic and dynamic road conditions, it has become mandatory for all vehicles (including e-bikes and electric scooters) to have a proper third-party insurance plan. So, it is mandatory to have two-wheeler insurance for your electric vehicles.
If you do not have one for your electric scooter, do not fret over it. You can get the best insurance policy for your e-bike from Bajaj Allianz bike insurance which is the best policy in India.
Having proficient bike insurance is a need in current times considering the increasing traffic and hustle. With this, the two-wheeler insurance helps a lot by sharing your financial burden regarding your bike during hard times. Therefore, the government has made it compulsory for all bike owners to get bike insurance, and more particularly, third-party bike insurance.
Is there a need for two-wheeler insurance for your electric bike?
Although it has been made compulsory by the government and the authorities for bike owners, few insurance providers don’t offer insurance for e-bikes. However, you can get the best e-bike insurance from Bajaj Allianz.
Benefits of having insurance for your electric scooters
The advantages of having proper insurance are manifold. Some of them are,
- Protects you against unforeseen expenses. During the time of an accident, you may or may not have enough money to handle the situation and take care of your vehicle and the third party. Buying a Bajaj Allianz bike insurance can relieve you of this stress.
- It helps you keep your bike under a financial cover, ensuring it’s repair if unfortunately, something happens to the bike.
- It is an affordable option that doesn’t make you pay much for the services that you get. If you think of getting the repairing of different parts done individually, the total money spent will touch the peak.
- It has great offers and has ease of payment when you have enough money. You can make the payment via different payment methods like a credit card, debit card, etc.