Two Wheeler Insurance- What, Why, When

7/26/2019 Two Wheeler Insurance- What, Why, When

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Two Wheeler

Insurance- What,Why, When.


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ues ons you nee oask about Two Wheeler

Insurance. What Consists of Two Wheelers?

How Many Two wheelers are there in India?

How Many Two Wheelers are Insured In India? What are the co!onents of Two wheeler

Insurance.

Where can you buy Two wheeler Insurance?


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What are Two Wheelers?

Two wheelers are classi"ed on #ehicle ty!e andusa$e.

Type of Vehicle

%eared&ikes and %eared

'cooters

(on $earedMo!eds and scooties


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&ike Mo!ed


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Two wheelers are classi"ed on #ehicle ty!e andusa$e.

)or the !ur!ose of this *resentation, we will discussthe Two Wheeler Insurance for (on- coercial, i.e.

!ersonal usa$e #ehicles.

Type of Usage

Non Commercial(Personal Use)

Commercial( Commercial Use)


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(uber of Two Wheelersin IndiaThe nuber of Two wheelers in India has $one u! alot in the !ast + years.

ccordin$ to the ata $i#en by the Trans!ort and

Hi$hway inistry in India,

# of Two Wheelers In

195

# of Two Wheelers In

!1

/0 thousand 112314 thousand


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(uber of Two Wheelers

in India

,

/,,,,

3,,,,

+,,,,

5,,,,

1,,,,,

1/,,,,

13,,,,

6ear

7

8fTwo

Wheeler

s


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(uber of Two Wheelersin India

s we can see fro the !re#ious $ra!h, there hasbeen an e9!onential increase in the nuber of

#ehicles on the Indian streets.

There has been an alost 3 di$it increase in thenuber.

This can be attributed to the $rowin$ deand andthe increase in the nuber of anufacturers oftwo wheelers in the country.


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How Many Two Wheelers

are Insured in India ccordin$ to the ata *resented in the I:;ournal, as of /1/,

Total 7 8f TwoWheelers Insured


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(uber of Two WheelersInsured

s we can see fro the abo#e chart that thenuber of two wheelers insured #s. nuber of twowheelers on the streets of India, there is lar$e

di>erence.

There are still a lot of two wheelers on the Indianstreets without ha#in$ two wheeler insurance.

'o 8ut of 11,23,14, two wheelers in India, only


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Insured @s Aninsured TwoWheelers in India

Two Wheelers

Insured

Uninsured


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Co!onents of Twowheeler Insurance

Two Wheeler Insurance is usually of / ty!e

Co!rehensi#eB Co!rehensi#e Co#er has /

co!onents

- 8wn aa$eB Co#ers the aa$e to the #ehiclewhich is insured.

- Third *arty =iability T*=DB Co#ers aa$e to lifeor !ro!erty caused by the owner, when dri#in$the insured #ehicle.


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Co!onents of Two

wheeler Insurance Two Wheeler Insurance is usually of / ty!e

Third *arty =iability T*=DB Co#ers aa$e to lifeor !ro!erty caused by the owner, when dri#in$the insured #ehicle.

The T*= is a andatory co#er. E#ery #ehicle owner,ust ha#e the T*=.

s we can see, the co!rehensi#e !olicy includesboth the 8wn aa$e and T*=.


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Where can you buy Twowheeler Insurance?

It is recoended that you co!are two wheelerinsurance !lans before selectin$ one.

6ou can co!are on the bases of the cost to

feature ratios and "nd the !lan which "ts the best 8nline co!arison of two wheeler insurance

!olicies is the easiest.

Turtleint.cois an online !latfor where you

can co!are and buy two wheeler insurance!olicies.

6ou can e#en renew two wheeler insurance !olicyiediately once the year is u!.
https://www.turtlemint.com/two-wheeler-insurancehttps://www.turtlemint.com/two-wheeler-insurance


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.. *resented by

Turtleint.

@isit us at www.turlteint.co

Contact us atB 15-/++-11
https://www.turtlemint.com/https://www.turtlemint.com/

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Two Wheeler Insurance- What, Why, When