While bike insurance claims help you manage the cost of repairing damages, frequent claims can lead to higher insurance premiums, straining your finances. To help you navigate this challenge, we have compiled a comprehensive guide on how to lower your bike insurance premium by avoiding minor claims. Before delving into strategies to reduce your bike insurance premium, it's crucial to understand the importance of bike insurance. Crucial factors to keep in mind to avoid minor claims and lower your bike insurance premiumsMaintain safe riding practices: Safe riding practices are the cornerstone of accident prevention. Bajaj Finance Limited (‘BFL’) is a registered corporate agent of third party insurance products of Bajaj Allianz Life Insurance Company Limited, HDFC Life Insurance Company Limited, Future Generali Life Insurance Company Limited, Bajaj Allianz General Insurance Company Limited, SBI General Insurance Company Limited, ACKO General Insurance Limited, ICICI Lombard General Insurance Company Limited, HDFC ERGO General Insurance Company Limited, Tata AIG General Insurance Company Limited, The New India Assurance Company Limited, Cholamandalum MS General Insurance Company Limited, Niva Bupa Health Insurance Company Limited , Aditya Birla Health Insurance Company Limited, Manipal Cigna Health Insurance Company Limited and Care Health Insurance Company Limited under the IRDAI composite CA registration number CA0101.

Source: India Today February 14, 2024 11:52 UTC