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Two Wheeler Insurance Claim Settlement Process.docx

Before you begin riding your motorcycle, you must have specific paperwork with you at all times. You must carry your bike documents with you while riding your bike, according to the Motor Vehicle Act of 1988. As a result, bike documentations are required for both legal reasons and to identify the vehicle while riding on public roads.

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Two Wheeler Insurance Claim Settlement Process.docx

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  1. Two Wheeler Insurance Claim Settlement Process The steps in the claim settlement process for a cashless and reimbursement claim for your bike insurance policy are as follows: Cashless Claim Settlement Process: ● ● ● ● ● ● ● Notify the insurance company of the accident or mishap. A survey to determine the extent of the damage will be carried out. Fill out the claim form and send it in with all of the other required papers. The repair will be approved by the insurer. At the network workshop, the car will be fixed. Your insurer will reimburse the garage immediately after the repairs are completed. You would be responsible for any deductibles or non-covered costs (if any). Reimbursement Claim Settlement Process: ● ● ● Make a claim with your insurance company. Fill out the claim form and submit it to your insurer along with any other required documents. A survey will be performed to determine the cost of repair, and you will be notified of the results. Allow a non-approved garage to repair your insured car. The insurer will perform another inspection afterward the repair is completed. At the garage, pay all of the charges and settle the bill. To the insurance company, send all bills, payment receipts, and "proof of release." The claim sum will be billed to you until it has been authorized. ● ● ● ● ● Documents Required for Filing a Claim for Your Two Wheeler: Here is a list of documents that you need to submit at the time of filing a claim with your insurer: ● ● ● ● ● ● ● Valid copy of Registration Certificate or RC of your bike. Police FIR (in case of theft, accidents, and third-party liabilities). Valid copy of your driving license. Duly signed claim form. Proof of release. Copy of your policy. Original repair bill and payment of receipt. The article should help you understand the process of a bike insurance claim settlement. Meanwhile, if you are looking for the best bike insurance policy for your two wheeler, you can click here to instantly compare the top plans and avail the best coverage for the best price.

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