Do you find it difficult to locate an insurance agent to renew your two-wheeler insurance policy? You may forget the policy renewal date sometimes. According to RenewBuy.com, an online broker that deals only with motor insurance, around 75% of two-wheelers plying on the roads do not have insurance, becoming a compliance issue.
“It is mandatory that every two-wheeler running on the road be insured, at least for third-party insurance cover. The increased number of uninsured vehicles has become a serious concern. People usually find the process of renewal cumbersome or at times forget to renew their policies,” said Puneet Sahni, head-product development, SBI General Insurance Co. Ltd.
