Brand new Bike
It is hard to maintain an insurance policy that doesn’t provide the satisfaction of being insured. One can easily switch insurance if they feel that is the case for them whenever they wish to. The policyholder has the right to change their policy to a new insurance provider which can satisfy their needs. The switching insurance company can be done if the policy is up for renewable, in the middle of their insurance period when the ownership of the bike changes, or when one is purchasing a new bike. Here we are going to look at why one might need to switch insurance and how one can switch insurance at the time of bike insurance renewal.
Switching insurance is defined as a process of changing one insurance provider from the existing one based on not feeling satisfied with their services. Changing one bike insurance company is an important decision as it has an impact on their no-claim bonus, premium discount, and overall value of the bike IDV. One needs to study the insurance they are switching to avoid getting a loss on their insurance value. Policyholders need to make sure that they are switching toward a better policy for their bikes.
Customers can have various reasons which might make them switch their insurance policy such as bad service, dissatisfaction with insurance provider premium, or any other issues which don’t make them feel good about their insurance. Following are the various reasons one might feel that they want to change their insurance:
Many people have doubts as to how they are going to be able to change their insurance provider. Following are the steps by which one can switch their bike insurance company:
Switching insurance companies is a very important decision as it can happen to impact one bike with no claim bonus, premium bonus, and overall IDV value of the bike. One might change their insurance provider for various reasons such as high premiums, bad service, slow claim process, etc. The policyholder has the right to change their insurance provider if they wish, by notifying the current insurance company and telling them to cancel their insurance policy which can take up to 7 days before the customer can easily buy a new insurance policy. One can also switch their insurance policy in the middle of their active insurance period or when they get a secondhand bike or are buying a new one. Now one can easily buy insurance for their vehicle in just a few easy steps from Quickinsure by going to their official site https://quickinsure.co.in/ and comparing various plans and selecting the one that meets their requirements.