Motorcycles are the go-to mode of transport for daily commutes and errands in our country. With traffic snarls during peak hours, motorcycles are the fastest way to get to your destination. But with great speed comes great responsibility, and motorcycle owners have to deal with the risk of theft. So, if your prized possession is stolen, what can you do? Can insurance help? Find out by reading this article.
Can claim insurance for motorcycle theft?
The good news is YES.
As long as you have a comprehensive or third-party insurance policy that includes theft and fire, and a valid motorcycle license, you can make an insurance claim with confidence.
How to make the insurance claim?
Let us get right into it! We’re here to help you understand the steps involved in making an insurance claim for a lost motorcycle.
- File a police report within 24 hours of the incident, and don’t forget to bring along your valid identification card and motorcycle license.
- Obtain copies of your motorcycle registration and insurance policy.
- Report to your insurance company and provide all necessary information before submitting it to the officer in charge.
- Wait for the insurance company to contact you for a testimony session.
- If your claim gets approved, be prepared to provide some important documents
- Offer acceptance letter (attached with offer letter)
- JPJ TM-AB Form (stamp of oath and certified copy of identification card by JPJ officer)
- JPJ K3 Form (2 copies) and JPJ K8 Form (1 copy)
- Release the key from the leasing company if the loan has ended
- Vehicle key (notification letter if the key is lost)
- Original Vehicle Registration Card (vehicle grant)
Finally, remember that the insurance company considers the claim process complete once they pay or compensate you.
What else can motorcycle insurance cover besides theft?
Typically, motorcycle insurance covers (also with add-ons):
- Physical injury or death to a third party caused by an accident.
- Any damage to a third party’s vehicle caused by an accident.
- Damage to your motorcycle in the event of fire, explosion or lightning.
- Any damage to your motorcycle in the event of burglary, theft or robbery.
- Any damage to your motorcycle in the event of an accident.
But remember, not all insurance policies provide the same level of coverage. So, it’s important to choose the protection you need. Don’t take any chances!
Protect your ride!
Motorcycle theft can happen at any time without warning. That’s why it’s important to ensure you have the best insurance protection for your motorcycle. After all, making an insurance claim if your motorcycle is stolen ensures that you can avoid feeling more burdened, especially financially. Don’t take the risk, protect your ride!
Visit Bjak now at https://bjak.my/ to enjoy exclusive discounts, attractive prices and benefits for your motor insurance without any hassle!
Bjak is one of Malaysia’s biggest insurance comparison websites, offering policies from over 10 brands. Get your free insurance quote from Bjak today!
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