Changing the address on your two-wheeler insurance policy doesn’t require filling out any physical paperwork or forms. Because many insurance providers now adopt a paperless policy, you can change the policy’s specifics online without going to a branch or submitting physical paperwork. Visit the website or mobile app of the insurance provider to make the changes from the comfort of your home.
The following information explains how to update your address on a bike insurance policy via our website or mobile app.
Step 1: Go to your insurance provider’s website and log in
Step 2: Click “View Details” on your policy card
Step 3: Select “Edit Policy” on the newly created page to view various options
Step 4: Click ‘Edit/Add Your Address’ on the redirected page, then follow the on-screen directions.
The new policy document with the updated address will be generated after you submit the changes. It will be made available for you to download.
Why Is It Crucial To Let Your Insurance Provider Know If Your Address Changes?
The following are the common reasons why you may want to ensure your current address is reflected on your insurance policy: :
- Legal Requirement: The policy certificate for your bike insurance policy must contain accurate personal information. Therefore, be sure to notify your insurance provider right away and implement the changes.
- Smoother Claim Resolution: Your claim may be denied if the personal information on your bike insurance is inaccurate.
How Does Your Bike Insurance Premium Change If Your Address Changes?
Several variables determine your premium for bike insurance. Age, market value, engine size, and vehicle location influence the premium. The city or Regional Transport Office (RTO) where your bike is registered is a crucial location factor. Due to higher rates of bike theft and accidents, heavier traffic, higher vehicle densities, and denser populations than other cities, some areas are considered high-risk. Your premium will rise if you move from a low-risk city where your two-wheeler is registered to one considered high-risk.
Relocating To A New State
You must register your bike with the local RTO if you have recently moved to a different state or district in India. The bike’s registration number may also change with the new registration if you have moved across states or union territories. Additionally, your bike insurance premium will increase if you move from a low-risk city to a high-risk city. You must notify your insurance provider of the new location because the bike’s registration number has changed. Contact them by phone, email, or website/mobile app to change your policy details. NCB in bike insurance is a crucial aspect in getting concessions for insurance claims when no claims are made for a particular period of time.*
How Can The Specifics Of A Two-Wheeler Insurance Policy Be Modified?
You can alter other two-wheeler insurance policy details in addition to your address.
The personal information listed below can be modified or changed in the two-wheeler insurance policy:
- Phone number
- Email address
- Nominee
- IDV in bike insurance
- Motor number
- Car number
- Loan company name
- Prior insurance
- Vehicle’s year of registration
* Standard T&C Apply
Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.
