What is Bike Insurance? - IFFCO-Tokio
Bike insurance refers to the financial protection that the insurer offers for your bike in exchange for annual payments known as premiums. It provides cover against the damages that may occur to your two-wheeler due to an unforeseen event. In case of an accident, the insurer will pay for the repairs of damage to your bike. With insurance, you get cover against natural calamities such as floods, storms, earthquakes, etc. and man-made disasters such as riots, theft, etc.