People who own two-wheelers fall into several categories. Some own it for the purpose of having a compact vehicle that can get them from Point A to B across crowded city roads. While others own it as a stop-gap, as they save up for a car. A select group own two wheelers because riding is a passion. Regardless of which category you fall into, it is a fact that the number of two wheelers on our roads is on the rise, as are serious accidents related to them.

Insuring yourself and your two wheeler is a very sensible decision that is not only legally required, but is also necessary for your long term well-being.

Changing your two-wheeler policy

So, let's say you quickly purchased the first policy that you saw just to tick the box. Over time, you realise you are either paying too much for too little coverage, or have a policy that is worthless. What do you do?

There are a variety of options available to change the insurance plan of your two-wheeler policy online.

There are multiple reasons for this, including:

• Renewal - At the time of renewal, you can consider taking a better plan with your existing insurer, or you can switch to a new insurer of your choice. This process is hassle-free and almost every insurance company offers an online process that gives you an immediate policy copy for your reference.
• Within policy period - If you are dissatisfied with your policy and want to switch while still in the policy period, you can switch to a new insurer. After you purchase the new policy, understand that there will be additional steps involved to cancel your old motor insurance policy. Make sure you have no open claims with the old insurer.
• New ownership of your two-wheeler - If you are selling or providing your two-wheeler for the use of another person, you can transfer the policy from the old owner to the new one. Make sure you provide all the details of the new owner to the insurer and receive a new certificate.
• Change in vehicle - If you have purchased a new vehicle, insurance can be transferred from the old vehicle to the new one. However, the insurer will verify the value of the new vehicle and may adjust the premium accordingly.

What should I consider before making this change?

Before you decide to switch your policies, here are a few things you should keep in mind: