Bike theft is a common crime in India, and having a two-wheeler insurance policy can safeguard your financial interests in such cases. However, it is equally important to know the process of filing a claim for the same to expedite this process.
Step-by-step guide to claim your insurance coverage
- The process begins with registering a formal complaint with the local authorities, i.e. the police station. Once you are aware of the theft, visit the local police station and file an FIR. It is the same with car insurance coverage claim as well.
- After this process, you need to contact your insurance provider to inform them about this theft. Every insurer has a different claim process, so you need to abide by your insurance company’s rules.
- Following your claim request, a company representative will get in touch with you. You should co-operate with him/her to ensure that your request passes through without any hassle.
- Along with this, you should make a point to inform your local Road Transport Office (RTO) about this incident. Additionally, you should complete the required paperwork with them and obtain vital documents of your vehicle.
- The next step in this process is gathering necessary documents. Here is a list of them –
- Copy of the driving licence and registration certificate of your motorcycle
- Policy documents
- Original copy of the FIR
- Transfer documents from RTO
- Properly filled claim settlement form
Along with these, you will need to submit the keys to your vehicle during this process. You need to follow a similar process for a car insurance claim as well.
After completing this process, you have to wait for the police to submit a ‘non-traceable report testifying that your bike cannot be found. Following that, the insurance provider will initiate the claim approval process of your motor insurance policy.
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