The government of our country recently created a goal of going “completely electric” to limit the spread of pollution. India is one of the first five countries globally which use conventional fuels. Due to this, the environment faces a grave threat, which is why electric scooters are being promoted more and more these days. Having proper insurance if you have an electric scooter is important as well because your scooter is an asset. When you claim the insurance in case of damage, you get reimbursed.
Some of the main benefits of getting your electric scooter insured include:
- Getting insurance for your electric scooter complies with the government’s law. The government requires every vehicle to be registered and insured.
- It helps you financially in case of accidents and mishaps. The components of electric scooters are very expensive and therefore, having insurance to cover the costs is very important.
- Even if your electric scooter malfunctions or breaks down, the money will get reimbursed. Thus, an insurance policy saves you from spending money out of your pocket in case of accidents.
- Go for a policy that offers full coverage at a reasonable price.
- Prioritize going for digital-based insurance companies since they can be quickly acquired and easily claimed.
- Compare the pros and cons of numerous policies before locking in on one.
- Ensure that you are legally ready and responsible.
- Read the fine print stating the terms and conditions thoroughly before making the purchase.
DOCUMENTS NEEDED:
- Proof of Identification – Voter’s ID Card, Aadhaar
- Proof of Address – Passport, Driver’s License, Aadhaar
- Recently-Captured Passport-Sized Photographs
TYPES OF INSURANCES:
There are generally two variants of electric scooter insurance in India. They are:
- Third-Party Liability Insurance – Considered to be the main type of insurance, the third-party liability insurance protects the insured vehicle from any sort of financial as well as legal liability caused as a result of accidental damages.
- Comprehensive Two Wheelers Insurance – This kind of insurance offers an extra layer of security and safety. This policy provides protects the insured vehicle from numerous natural as well as man-made disasters.
WHY PURCHASE AN INSURANCE POLICY?
There are two main reasons why you should get your electric scooter insured as soon as possible. They are:
- Electric Scooters sport a heavy price tag and therefore, they should be insured to save money in case an accident takes place.
- Electric scooters have high maintenance charges. They are quite powerful and therefore, need as much protection as they can get. An insurance policy guarantees that.
Getting your electric scooter insured is both a logical and a sensible thing to do if you wish to save money in the long run. There are many insurance companies out there that offer electric scooter insurance. Do proper research and compare the plans before locking on a particular one.