What is Bike Inspection: Meaning, Purpose & Process Explained

The Insurance Regulatory and Development Authority of India authorises bike inspection from insurance providers. It is to inspect that a two-wheeler fulfils insurance claims during renewal, buying a new insurance policy or other specific circumstances. So if you are keen to know more about it, keep scrolling!

Bike inspection refers to a process where an insurance provider inspects your two-wheeler to verify its physical existence and documents. Additionally, an insurer checks your bike’s condition and accessories during the evaluation process. It also checks whether the bike complies with the government’s vehicular rules and damages, if any.

“Are you wondering what is the need for bike inspection?” If yes, then take a look at the following reasons to know why such inspection is necessary:

• It will lower the proportion of false claims of an insurance policy. Insurance-related frauds such as claiming an insurance policy for a non-existent two-wheeler or raising a claim for damage that had already occurred before purchasing that insurance scheme are quite common. Hence, insurance providers conduct this evaluation process under specific circumstances to avoid financial losses due to such fraudulent activities.
• It will help identify damages on your bike in advance so that you can take precautions accordingly and can avoid on-road accidents to maintain your safety and clean riding record.
• Bike inspection allows an insurer to determine risk factors and customise the premium of a two-wheeler insurance policy that fits an individual’s requirement. If an insurance company finds the risk factor associated with your bike is less, you may enjoy an affordable premium.

The process of conducting a bike inspection differs with each insurance provider. However, the steps listed below are the basic methods that every insurance provider follows:

• Step 1: File a claim against your two-wheeler insurance policy. The insurance provider may appoint a surveyor or team to conduct a bike inspection.
• Step 2:  After assessing your bike, the team or surveyor will generate an inspection report.
• Step 3:  The insurance provider will go through the report carefully and proceed with the settlement of the claim accordingly.

However, it is ideal to contact the insurance company to know the exact procedure followed in the bike inspection by that company.

Here are the following things that are included in the bike inspection checklist:

• Bike’s Vehicle Registration Number
• Clear photographs of the bike (clicked from every possible angle)
• Bike’s chassis number
• Accessories
• Damages or dents, if any.

Bike inspection is necessary for the following circumstances; take a look:

• As mentioned earlier, an insurer conducts a bike inspection while purchasing a bike insurance scheme or renewing an existing insurance policy.
• Suppose you fail to renew your bike insurance policy, which leads to a break in the insurance policy and a lapse in coverage. So, when renewing such lapsed insurance policy online or offline, an insurer carries out a bike inspection.
• If the type of insurance policy alters, the addition of new equipment or accessories, or a change in ownership of the bike, an insurance provider may check the bike first before making any alteration in the existing insurance scheme.
• If your bike suffers damages, the appointed surveyor or team of an insurance company will assess the extent of the damage. Accordingly, it will provide an estimated repair bill and proceed with the claim settlement.

Take a look at the following circumstances when bike inspection is not necessary:

• Several insurance providers do not inspect the bike when these companies notice there is no break in the insurance policy during a renewal of a bike insurance scheme.
• If you have only purchased the third insurance policy, there is no requirement for a bike inspection.