Once the people have got insurance policy, they think that by getting in hand their insurance documents their job is over. Further duty is the job of the insurer to remain in touch with them, sending them updated notices. It may be true in most of the cases for the companies to promote their products, but certain duties are must on your part. One and the most important is renewal part of your vehicles insurance. No doubt the insurance company sends notices to remind you about renewal, but non-receipt of renewal notice from the company is never a valid ground to absolve you of your liability to pay the premium in time and renew the insurance cover regularly. Your all claims are settled only if the policy stands renewed in time. Otherwise you lose all your claims.

Your two wheelers damage, loss or theft are covered in your insurance cover, for which you will be compensated in case of need. Your self injuries at an hour of your two wheelers accident would also stand covered sufficiently by way of cashless facilities made available by way of hospitalization and medication in any of the reputed empanelled network of the insurance company. But the herculean problem may arise in case third-party is involved in accident with your two wheeler, particularly if the third-party dies. The compensation in that case is too high. Especially in case of death, it is unlimited and goes to lakhs and millions of rupees. Further death compensation is only through court and very time-consuming and cumbersome.

Thank God the unlimited third-party liability is wholly and solely that of the insurance company. But it is all subject to one condition to be fulfilled on your part and that is that you have been paying your premiums in time. If by any chance you have not paid premium in time, then you are liable to pay the whole compensation to the third-party and forego compensation due to you also. In a nutshell, only one mistake on your part regarding non-renewal of insurance premium in time will prove ruinous for you!

ONLINE TWO WHEELER INSURANCE RENEWAL
It is always advisable that at the first time itself, you buy two wheeler insurance cover from a reputed company based on thorough study and analysis of various online quotes. Then better stick to this company for renewal. All companies need some time to settle your claims. So if you change your company for renewal or otherwise, you will be wasting precious time on completing claim formalities from one company to another and, thus, risking delaying the claim.