Complete documents required for filing a bike insurance claim

Apart from purchasing the best insurance, the renewal and claim process are very important that the user must check before purchasing. Be it the bike insurance renewal or filing for claims, everything can be done online in this digital age. So, there are no hassles associated with it. However, if you are a third-party or comprehensive bike insurance holder, you need to be aware of the claim filing process and the necessary documents needed to take it forward. 

To help you with the same, here is a complete guide on all the necessary documents required for filing a bike insurance claim. Keep reading to know more!

How to raise a bike insurance claim? 

In case you have comprehensive bike insurance and any mishap or damage takes place with your vehicle, you are eligible to raise a claim and get the insurance amount to use it on your vehicle. In case of any incident taking place, you are required to reach out to the helpline number of your insurance provider and inform them about the incident. In order to keep on enjoying the coverage provided by the insurance cover, you can go for bike insurance renewal if your plan expires. Bike insurance renewal can greatly help in continuing the same insurance plan that you used to have. The same goes for the third-party bike insurance plan as well. 

However, after informing your insurance provider, you need to segregate all the following documents necessary to file your claims.  

List of documents that are required to raise a bike insurance claim

If any accidental damage occurs:

• You are required to have proof of two-wheeler insurance. You can also use a copy of the cover note for this. 
• You are required to have a copy of the bike’s RC, and the original tax receipts for verification. 
• A xerox copy of your original driving licence. 
• A police FIR reporting any kind of damage caused to a third party. This damage can be any injury, death or damage caused to the vehicle. 

• Payment receipts as well as the repair bills, after the completion of the job. 
• An estimate of the damage repair. 
• Claims discharge and a satisfaction voucher. It has to be signed across the revenue stamp. 

If the claim is related to a theft:

All the natural calamities and damage caused by external factors are effectively covered by the comprehensive bike insurance plan. So, in case of theft, you need not worry and start processing your claim to get the whole remuneration for your lost bike. 

Theft-related claims require some of the most important documents along with the necessary information. The following are –

• Original documents of the two-wheeler insurance policy. 
• An original RC. 
• Receipt of the tax payment that you did. 
• An endorsement of theft from the concerned Regional Transport Office. 
• A lodged police FIR or the final investigation report. 
• Warranty cards and service booklets. Bike keys can also be asked for. 
• Details of the two-wheeler insurance include – the duration of the policy period, details of the insurance provider, policy number of the two-wheeler vehicle, etc. 
• A copy of the letter that has been approved and is concerning RTO regarding the theft. The bike might also be declared as ‘NON-USE’. 

Is it easy to raise a comprehensive bike insurance claim? 

It completely depends on the insurance provider that you are choosing. If you have selected an insurer that immediately accepts the request for raising a claim, your work can be done within no time. Otherwise, some insurance providers deny the claim. Also, the reimbursement period matters a lot in such cases where cashless services are not supported. In such a case, you can make the payment, which is then paid back to you later on. 

Usually, the reimbursement period for insurance plans is around 7 days. It can slightly vary from one insurance provider to the other. In order to keep yourself protected under the coverage of insurance; you must go for bike insurance renewal as soon as it is about to expire. Having a comprehensive bike insurance plan can be a lifesaver if you are stuck in an accidental situation and need a large sum of money to help you. 

Why are documents asked for while raising a claim? 

Some original documents and some photocopies are required when someone raises a claim. This is done to check the authenticity of the situation and to know whether a person genuinely needs help with his comprehensive bike insurance or not. Moreover, it helps in the carrying out of all the processes in a legal way, leaving no loose ends for mistakes or miscalculations of any sort. Therefore, you must keep all your documents related to your vehicle and its insurance safe.