Are 2-wheeler RSA plans any good; and do I need it_

• If the policyholder has not made any claims during the year, the insurance companies offer a discount, known as No Claim Bonus (NCB) , on the amount of premium when you renew the policy. Since NCB is regulated by IRDAI, it does not vary from insurance company to company. 
• While doing the selection evaluation, check whether the insurance company has an NCB program that you can avail and that it considers the NCB in their quote.  

•  It is important to check the credentials of the insurance company. To simplify the process of comparing, adapt to the following checklist:
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• - Claim Settlement Process and Ratio
• - Experience and goodwill
• - Network garages
• - Availability of online policies
• - Customer assistance team and functioning- Online and offline 
• customer reviews

• Insured Declared Value (IDV) is the amount paid by the insurance company in the event of a misfortune resulting in total loss of the vehicle, for instance, if the car gets stolen or gets damaged such that it cannot be repaired. 
• There is no standard IDV across all companies but is determined by the insurer per se. Make sure to assess the current market value of the car before you compare the IDV across different policies. Look for the insurer that provides an IDV which is closest to the market value.

own as well as a third person’s vehicle, driver, and passengers. Natural calamities include weather, floods, fire, lightning, etc. and man-made calamities include theft, riots, terrorist activity, and damage during travel, either by road, rail, water, or air. 

You might find the cost of the premium higher but if you perform a cost-benefit analysis, you’ll see that it is worth the money.

Why are you taking a car insurance policy? To protect yourself from financial burden in case of accident or loss of your vehicle, right! Now, what else could serve the purpose better than a cashless service? 

However, insurance companies offer cashless service only if your vehicle was repaired in one of the network garages. Therefore, while comparing, pick the insurer that has the maximum number of network garages. 

Comparing insurance policies has become easier than ever before. All you need to do is visit the websites of the insurance companies or various online comparison portals and ask for a quote. Be sure to read the complete policy and get the hang of the fine print.

In effect, take the following steps: