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Yes, if you have a bike, it is mandatory to buy bike insurance in India. As per Motor Vehicles Act, it is compulsory for every vehicle owner in India to have a valid third-party insurance policy at least. You can not ride your bike on Indian roads without a valid insurance policy as doing so is a punishable offense. You may have to face legal complications, fines and a 3-month improisnment for not having an insurance policy.
Thus, it is always advisable to buy a bike insurance policy to stay away from all the legal hassles.
Parasdave
Wiki User
∙ 12y agoNo, bike insurance is not mandatory for people to buy. The law does not require you to have insurance for your bicycle or motorcycle.
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Where can one find online the cheapest bike insurance?
Geico Insurance online is the best place to buy insurance for standard bikes or touring bikes. Geico is a company that has the cheapest bike insurance. Of course, a person needs to get a quote since every bike is different.
How much doesit cost to buy your totaled bike back from insurance?
be quiet
Can the government raise taxes on ammo?
The government made it mandatory you have to buy health insurance... Raising taxes on ammo is child's play for this administration.
Can you force your insurance company to fix your motorcycle if they assess it as being totaled due to it being valued at 4500 and the repair costs being 3900?
Sorry but no you can't. The insurance company have the option of repairing it or totalling it. Since the value of the bike is more than the cost and they want to give you value of the bike, why not take it? And if you really want to repair the bike you can then buy the bike from the insurance, who now owns it, and then have it repaired.
Where can you buy auto insurance to cover you not your individual cars?
Auto insurance is for cars not for people. You can buy insurance on yourself so contact any insurance agent.
If you have motorcycle insurance do you still need car insurance to drive your car?
Yes. motorcycle or bike insurance is different from car insurance. Motorcycle insurance can be used for bikes or motorcycles only, whereas car insurance can only be valid for cars. Thus, in case you have both the vehicles, under the Motor Vehicles Act, 1988, you have to buy the insurance for both your vehicles(car and bike) separately.
Can you buy hair insurance?
posh people can
After an accident that was not your fault if the other party's insurance company totals your bike do you still get to keep your bike?
most of the time, if an insurance company "totals" your equipment, it will pay it off or pay you and then sell it to a junk yard for as much as they can get for it. However, you do have the option to buy your bike at the same price the salvage yard would pay.
Is disability insurance mandatory in NJ?
NJ has state mandated short term disability insurance for workers of private companies. Public employees are exempt from the mandate, but can buy coverage should the group choose the option.
Which bike is better to buy?
buy a big and nice bike
How many people buy online insurance?
Millions of people purchase insurance online every year. The exact number can vary depending on the type of insurance and the region, but the trend of buying insurance online has been steadily increasing in recent years.
Does insurance cover mandatory basement remodeling?
Your policy may or may not have coverage for mold related issues. This is something to check when you buy a policy as the insurance companies try to avoid having to pay for mold problems which can be very expensive. Standard home insurance policies do not cover mandatory basement remodeling, unless the basement is damaged from an event (e.g. flooding) covered by the policy
