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Single-year policy or multi-year insurance?

Multi-year two-wheeler insurance is a relatively new offering in the market. It is better to buy a multi-year policy for your bike, as you would not have to worry about insurance renewal for 2 or 3 years. Also you can pay the premium upfront, leading to significant savings in the long run.

The premium for your two-wheeler insurance policy is decided by the insurer, and is based on several factors. This includes the age of your bike, claims history, area of registration, etc. The premium for comprehensive bike insurance is higher; however, it is highly recommended to opt for a package policy to completely protect your Royal Enfield bike.

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