Today’s people tend to do transactions online, and therefore buying two-wheeler insurance online has also gained momentum. Nevertheless, where and how customers make their purchases electronically presents challenges in the form of fraudulent activities. Here are some of the guidelines and resources that can assist you in avoiding fake two-wheeler insurance policies for your bike.
1. Check the Insurer's Credentials
Lenders should ensure that the insurance company they choose to work with is qualified. There are several factors to consider when sourcing for an insurance company, and some of the major factors include: Seeking a proper license and accreditation with the Insurance Regulatory and Development Authority of India (IRDAI). While fake insurance companies are likely to disappear very soon anyway, at least genuine companies such as Acko Bike Insurance and other legitimate insurers will post their IRDAI registration number somewhere on their webpage.
2. Evaluate the Website
A legitimate two-wheeler insurance website will have a professional appearance and a secure URL starting with "https: As in the case of serial, however, the use of /” at the beginning can be quite confusing and therefore should be avoided. Pop-ups should also be avoided or discouraged on the site, or, at least, there should not be too many of them, and they should not be designed in poor taste. A bike insurance check should always be done online to ascertain that the site is both legal and genuine.
3. Look for Customer Reviews
Customer reviews are a great source of knowledge and, therefore, must be prioritized. Take advantage of review websites and discussion boards to learn what people who have business with the insurer have to say about it. Reputation and good feedback reflected in high ratings can be considered signs of a really good provider.
4. Verify Contact Information
It is therefore important to establish that only legitimate insurance companies that are in a position to offer their clients true value will offer clear and easily accessible contacts. It is important to make sure that you provide a functional consumer help line, an email address, and a physical address. It might be wisest to try to contact the insurer to learn the truth before proceeding to renew your bike insurance.
5. Confirm Policy Details
Fake insurance policies often lack specific details. A genuine two-wheeler insurance policy will include comprehensive coverage information, terms and conditions, and exclusions. Ensure you receive a proper policy document and confirm all details before making any payment.
6. Use Official Payment Channels
It is always wise to make payments through official and safe means whenever in doubt. Do not wire cash to other people or send bank instruments, money orders, gift cards, or cashier checks. This post shares the details of payment options available to cover most insurance policies, and the best approach by most reputable insurers is to provide comprehensive payment methods on their website to offer secure payment.
7. Be Wary of Unrealistic Offers
Bearing this in mind, buyers should always be weary when it comes to getting an insurance offer that sounds too good to be true. This is a word of wisdom, as you are likely to find some companies offering their premiums at ridiculously low prices or companies that boast of huge coverage, yet their prices are very sharp. It will enable users to access varied quotes within insurers’ platforms and get an accurate estimate for two-wheeler insurance.
8. Check the Policy Status
To follow, do an bike insurance online verification on the insurer’s website or the insurance regulatory database and analysis centre's IRDAI website. This can assist you in confirming whether your policy is operational and well registered with the insurance commissioner.
9. Avoid Unsolicited Calls and Messages
Do not engage in communications received on the phone, through an email, or a text message that have to do with insurance. This is part of the reason why many fake insurance companies try to imitate the insurance industry; they are after short-term gains and thus are not hesitant to use cutthroat marketing techniques. At the same time, it is necessary and desirable to make strict contact through official sources with the insurance company.
10. Report Suspicious Activity
If you think someone has duped you into a fraudulent scheme, the first course of action is to report to the insurer and subsequently the IRDAI. Immediate reporting enables many authorities to take action that can stop other people from falling prey to the same scams.
Conclusion
To get safe and convenient while insuring your two-wheeler online, the following tips might be helpful: This means that before deciding to be covered by an insurer, there are some things you need to do that will ensure you are not duped into buying fake insurance policies. These include adhering to the above points and always doing a check to ascertain that your bike insurance is valid and reliable. Use tools like CarInfo to easily access e-challan details besides other RTO or RC searches, looking into service history, and even buying or selling a vehicle. Download CarInfo app to protect your drives with information and practical advice.
