Bumper Sale of Used Two-Wheelers! Activa is available for ₹ 16000, Pulsar is selling for ₹ 20000, Apache is available for ₹ 21000

 On Facebook Marketplace, old models of two-wheelers like Bajaj Pulsar (Bajaj Pulsar), Hero Splendor (Hero Splendor), Honda Activa (Honda Activa), TVS Apache (TVS Apache) are being sold at very affordable prices. In such a situation, let's take a look at how you can take advantage of it.

If you are not able to buy a new bike or scooter due to low budget, then you do not have to be disappointed. Today we are going to tell you about such an easy way, where you will be able to buy the used model of the two-wheeler of your choice on Facebook Marketplace at a very low price. If used two-wheeler can be called second hand two-wheeler in simple language. On Facebook Marketplace, old models of two-wheelers like Bajaj Pulsar (Bajaj Pulsar), Hero Splendor (Hero Splendor), Honda Activa (Honda Activa), TVS Apache (TVS Apache) are being sold at very affordable prices. In such a situation, let's take a look at how you can take advantage of it.

What is Facebook Market?

This is Facebook's online platform, where you can also buy and sell your used car. It is exactly like OLX. Here you can buy vehicles directly by talking to the person selling the vehicle.

How to shop on Facebook Marketplace?

Log in from your PC or the Facebook app. Here the option of Market will appear on the left side at number three. Click/tap on it. Here in Categories click on Vehicles. After this, here you can set the price limit according to your budget on the Price section. At the same time, you can set the distance limit on the Filter option. If you want, you can select the option of car or motorcycle by going directly to the categories.

Old two wheelers being sold at very cheap rates

 When we set a price limit of Rs 15,000 to Rs 25,000 on Facebook MarketPlace, the options we saw wer

 The 2009 model of Honda Activa is selling for Rs 15,500

 The 2010 model of Bajaj Pulsar 150 is selling for Rs 20,000

 The 2010 model of TVS Apache 160 is available for Rs 22,000

Apart from this, you can buy Hero Splendor here at affordable prices.

 beware of thugs

Facebook Marketplace is exactly the same as OLX. In such a situation, here you have to beware of thugs like OLX. Before buying any used two-wheeler here, do a vehicle check-up. Check the paper and condition of the vehicle thoroughly. Apart from this, also find out whether there has been any criminal incident or accident with that vehicle. Also check that there is no case against the vehicle or the vehicle owner.

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New E-Scooter: Bring home this E-Scooter on EMI of Rs 1699, will give 200 km range on a single charge

The electric scooter market in India is growing rapidly. Many companies have launched their e-scooter here, while many are still in the queue. Boom Motors has now also joined the same race. Boom Motors has launched the e-scooter Corbett EV in the Indian market. The company management says that this is India's most durable e-scooter. If it is fully charged once, then it can give you a range of up to 200 km. Let's see what else Boom Motors has brought to this scooter.

Tension will be removed from double battery

This scooter has a battery of 2.3kWh, which can also be doubled. If you double the battery, then this scooter gives you a range of up to 200 km on a single charge. The advantage of having two batteries will also be that if one battery is discharged, you can immediately start using the other charged battery. With this, you will not suddenly get stuck in the way.

Attention has also been given to strength and speed

Along with giving strength to this scooter, the company has also tried to give better speed. Its top speed is 75kmph. At the same time, a load of up to 200 kg can be lifted on this scooter. This scooter is also good in terms of charging. Its battery can also be charged portable. You can charge it by plugging it into the normal 15A socket at home. The company is also giving 7 years warranty on the chassis of the scooter and 5 years on the battery.

Booking can be done like this

The booking of Corbett EV has started from 12th November 2021. Its price in the Indian market has been kept at Rs 89,999. The company is giving a discount of up to 3 thousand rupees to the customers under the launch offer. For its booking, you will have to pay Rs 499 as token money. The delivery of this e-scooter will start from January 2022. The company says that this scooter can also be bought on EMI of 5 years. Under this plan, you will have to pay an EMI of Rs 1699 every month.

will compete with

Corbett EV will have to compete with many e-scooters in the market. It will get the toughest fight from the recently launched PURE EV Epluto. The price of Epluto is about 18 thousand rupees less than Corbett EV. Although Corbett EV is better in terms of some features. Apart from this, it will also compete with the Eartj Emergu EV Evolve Z. This scooter will also challenge the TVS iQube and Ola S1 coming in the price range slightly above this. 

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What is insurance and how does insurance companies work?

The insurance is a contract that is represented by an insurance policy in which a person or company receives financial protection or reimbursement for losses from an insurance company. The company groups the risks of the customers, so that the payments for the insured are cheaper.

Insurance is an arrangement where an entity (insurer) promises to provide compensation to the insured upon the happening of a specified event or loss. This promise can be obtained by paying a small charge upfront (premium). The terms are decided between the insurer and insured via an insurance contract.

how do Car insurance companies make money?

Example - 
the insurer [A] promises to pay the insured [B] a compensation of Rs. 10 lacs (promise) if B is diagnosed with cancer (event) after 6 months from start of policy (terms) and upfront payment of Rs. 2000 (premium).

An insurance company works on building products aimed at providing financial protection from risks. These risks include death of bread earner (life insurance), hospitalization expenses (health insurance), damage to assets (car insurance) etc. The insurance company's role includes -

• a) pricing of the premium
• b) determining the coverage i.e. compensation
• c) inking the insurance contract
• d) collection of premium
• e) administering the claim/promise

The insurance company earns a profit by managing the risk. On a unit economics basis ... Profit = Premium collected + Investment income on premium collected - Selling expenses - Claims paid & provisioned - Operating expenses

Example - 

• Premium collected = Rs. 10 lacs (say, 100 users on avg paid Rs. 10,000 each as premium)
• Investment income = Rs. 80,000 (8% interest p.a. on Rs. 10 lacs)
• Selling expenses = Rs. 1,50,000 (15% commission paid on Rs. 10 lacs)
• Claims paid & provisioned = Rs. 6,50,000 (say, 13% of users made claims averaging Rs. 50,000 each)
• Operating expenses = Rs. 2,00,000 (20% of Rs. 10 lacs)
• Hence, the profit earned by the insurance company is Rs. 1.8 lacs  (Rs. 10 lacs + Rs. 0.8 lacs - Rs. 1.5 lacs - Rs. 6.5 lacs - Rs. 2.0 lacs).
• Please note, while in the above scenario the insurer made a profit - it would have been very different had 23% of the users made a claim instead of only 13%. In this scenario, the insurer would have made a loss of Rs. 4.7 lacs.

Thus, the insurer too has to carry risk on its books and has to manage the delicate balance between risk forecasting and pricing the policy.

Extra : 

Insurance policies are used to protect against the risk of financial loss, both large and small, that may result from damage to the insured person or his property or liability for damage or injury inflicted on a third party.

There are a variety of different types of insurance available, and virtually every person or business can find insurance that is willing to insure them for a price. The most common types of personal insurance are cars, health, homeowners and life. Most people in the United States have at least one of these types of insurance, and the law requires car insurance.

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Is car insurance done or not? how to know ?

FAQ For : car insurance : 

• how to find my bike insurance policy number

• how to find bike insurance policy number online

• vehicle insurance details by registration number

• check vehicle insurance history india

• vehicle insurance status search system

• how to get duplicate bike insurance copy online

• motor insurance database india
•  car insurance hua hai ya nahi kaise pata kare 

• policy number finder
• kisi Bhi Car ka  car insurance hai ya nahi kaise pata kare

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How to check your car insurance?

• The simplest way of getting the insurance details of your car is to run the car’s number plate on the automobile insurance database and that’s it. However, if you haven’t deliberately bought an insurance policy for your vehicle, the chances are higher that you might not have got it insured.

• The thumb rule is that if your car has insurance, it demands premiums in regular intervals. If you are not asked to pay any insurance premium, it is much likely that your vehicle might not have insurance. And this is the answer to your question ‘Is my car insured!’

• There are even possibilities that you have purchased insurance for your car at the time of purchasing your car, but you are not sure whether your car is still covered under that policy. Sometimes, it is possible that the policy renews automatically. Majority of the insurers notify you with a message and renew your policy automatically if you don’t take an initiative. If this is the case, you might want to check for the policy for coverage. The simple way to get informed on this is to contact the insurance company from which you bought the policy.

• The other way is to check your bank statements to make sure whether any charges have been levied by the insurance company in the past one year. This is the perfect way of getting an answer to your question ‘Is my car insured’!! The majority of the insurance company websites offer an exclusive tab “vehicle insurance status search” for the convenience of their clients.

Is car insurance done or not? how to know ?

The advent of online portals has simplified the insurance activities as you can purchase a policy online or pay its due premium online that too with a reminder. You don’t even have to remember the date on which you need to pay the premium. You can compare your policy with other policies and the new inclusions. The websites even offer a conversion with the payment of additional price. They keep updating you about the new trends in the automobile insurance industry to create awareness. So, why not we use such informative websites to get our vehicles insured? Make the most of technology to pay a small attention to your well- being. A little time spent to get your driving hours secured is worth paying attention for all the insurance benefits you get when an unfortunate incident occurs. Investing money for a cause that is not benefitting you currently seems waste but remember, it can save you lots of money and your peace of mind will be intact. Had you done this, you need not to ask yourself ‘Is my car insured?!’

How to find Bike Insurance details by Registration

The registration number is the unique identity of your bike just as an account number is for your bike account. The account number can access the bank account and any transaction in it. Similarly, the registration number can be used to check the detailed information of every two-wheeler which is maintained by the RTO, the state governments, etc.
When you buy an insurance policy for your bike, that information is also stored as a part of your registration number. This insurance information is available now on the insurance company website and the IRDAI website.
If you wish to know your policy end date and do not have your policy number with you, go to the official website of your RTO or the State Transport Department’s website. You can also visit the official website of the Government of India – Ministry of Road Transport and Highways (https://parivahan.gov.in/parivahan/ Enter your registration number; you will be able to verify the status of your bike insurance policy. It shows till when the insurance is valid. It also gives all the details of your bike like engine number, makes and model, year of registration, registration city, etc.
The web portal of Insurance Information Bureau (created by IRDA) has comprehensive data of all the insurance policies linked to every registered vehicle in our country. Go to the website (https://iib.gov.in/), under the head “Vehicle Insurance Status Search” you will get the detailed information regarding your two-wheeler insurance policy by your registration number.
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