Loader
Loader

Get In Touch

Thank you for visiting our website.

For any assistance please call on 1800-209-0144

Buy/Renew Tvs Bike Insurance

Tvs Bike Insurance

Share Details For Bike Insurance Quote

Enter vehicle registration number
Please enter name as per PAN card
Please enter valid mobile number
Please enter valid email ID

Thank You for Your Interest in Bajaj Allianz Insurance Policy, A Customer Support Executive will call you back shortly to assist you through the Process.

Be it a scooter or a bike that you are looking for, TVS Motor Company has a range to cater to your needs. Some of the stars of this show include Jupiter, Apache, Ronin, and Scooty. The company claims to be the third-largest manufacturer of two-wheelers in the country. It also operates in other regions such as the Middle East, Central & Latin America, and the Indian subcontinent.

Whether you already own a TVS two-wheeler or are planning to buy one, remember that its maintenance and upkeep should be one of your priorities. One of the ways to keep it in the best possible condition is to ensure that any future costs, or consequential mishaps, are covered. For this, insurance can help. If you seek financial protection against damages to your bike, you should purchase a TVS insurance policy. 

Types of Insurance plans for TVS Motor Models

Packed with amazing features, these bikes may make for an economical purchase. Easy to learn and fuel-efficient, they make a great mode of transport. When you are buying a TVS bike, you should also go ahead and ensure you buy a two-wheeler insurance policy.

Third-Party Bike Insurance

Third-party bike insurance is the most basic type of insurance that is mandatory as per the Motor Vehicles Act, 1988. This type of insurance covers the legal liability of the policyholder in case of damages or injuries caused to a third-party person or property. In the event of an accident involving your TVS bike, if the accident results in damages or injuries to a third-party, the insurance policy will cover the cost of the damages and injuries up to the coverage limit of the policy. However, third-party bike insurance for TVS bikes does not cover damages to your own TVS bike.

Comprehensive Two-Wheeler Insurance

Comprehensive two-wheeler insurance is an insurance policy that covers both third-party liabilities and damages to your own TVS bike. In addition to covering third-party liabilities, this type of insurance policy provides coverage for damages caused to your TVS bike due to accidents, natural disasters such as floods, earthquakes, etc., and man-made disasters such as riots, theft, fire, etc. It also offers personal accident cover for the policyholder in case of accidents resulting in death or disability. Comprehensive insurance for TVS bikes also allows for customizations with add-ons such as zero depreciation cover, pillion rider cover, engine protection cover, and more.

It is important to note that while third-party insurance is mandatory, a comprehensive two-wheeler insurance policy is recommended as it provides more extensive coverage and offers greater financial protection for your TVS bike.

 

Inclusions and Exclusions of TVS Insurance

  • Inclusions

  • Exclusions

Damages caused to a third-party vehicle and their property.

Third-party injuries caused due to an accident.

Damages caused due to natural calamities such as earthquakes and floods.

Damages caused due to manmade calamities such as riots.

Damages/Loss of bike due to fire.

Damages/Loss of bike due to theft.

Personal Accident Cover for the policyholder.

1 of 1

Driving without a valid driving license.

Driving under the influence of drugs or alcohol.

Using the bike for illegal activities.

Any damage caused due to wear and tear or mechanical breakdown.

Any damages caused to the bike when the insurance policy is inactive or expired.

Any consequential losses or damages incurred due to the accident.

Any damages or injuries that occur outside the geographical limits specified by the policy.

1 of 1

It is important to go through the policy documents carefully to understand the inclusions and exclusions of the TVS insurance policy that you opt for. This will help you avoid any surprises during the claims process and ensure that you receive the maximum benefits from the policy in case of any unfortunate events.

Add-on covers available with TVS bike insurance

There are several add-on covers available with TVS bike insurance policies that can enhance the protection offered by the basic insurance policy. Here are some of the most common add-ons:

• Engine Protection Cover:

This add-on protects the bike's engine and its parts against damages caused by waterlogging or oil leaks.

 

• Zero Depreciation Cover:

This add-on cover ensures that the depreciation value of the bike's parts is not taken into account at the time of claim settlement. This means that you will get a higher claim amount in case of any damages or repairs.

 

• Personal Accident Cover for Pillion Rider:

This add-on provides financial protection to the pillion rider in case of accidental injury or death.

 

• Roadside Assistance Cover:

This add-on provides 24x7 assistance in case of emergencies such as flat tyres, battery breakdowns, or accidents.

 

• No Claim Bonus (NCB) Protection:

No Claim Bonus add-on protects your NCB in case of a claim, ensuring that you receive the full benefits of the accumulated bonus.

 

• Return to Invoice Cover:

This add-on ensures that you receive the full invoice value of the bike in case of total loss or theft.

 

It is important to note that each add-on comes with an additional premium, and the cost varies depending on the coverage and the insurer. Therefore, it is essential to evaluate your requirements carefully before opting for any add-ons.

How to buy bike insurance online for a TVS two-wheeler?

Buying bike insurance online for your TVS two-wheeler is a simple and convenient process. Here are the steps to follow:

  • Visit Bajaj Allianz General Insurance Company’s website.
  • Fill in the required details, including the make and model of your TVS two-wheeler, the year of manufacture, the registration number, and your personal information.
  • Select the type of insurance policy you require - third-party bike insurance or comprehensive bike insurance.
  • Choose the add-ons you require, if any. Some common add-ons include zero depreciation cover, personal accident cover for pillion riders, engine protection cover, and roadside assistance cover.
  • Provide the necessary documents, such as your driving license, bike registration certificate, and previous insurance policy details.
  • Review the policy details and the premium amount. Pay the TVS insurance policy price online using a secure payment gateway.
  • Once the payment is complete, you will receive a confirmation email and a copy of the policy documents.

It is important to compare the policies and premiums offered by different insurers before making a purchase. This can help you find the best policy that meets your requirements at an affordable price.

How to Renew TVS Insurance Online?

Renewing your TVS bike insurance online is a simple and quick process. Here are the steps to follow:

  • Visit the website of the insurance provider with whom you have the current policy.
  • Click on the 'Renew Policy' tab on the website.
  • Enter your bike registration number and the expiry date of your current policy.
  • Verify the details of your policy, including the policy period, coverage, and add-ons.
  • If you wish to modify your policy, you can choose to add or remove add-ons as per your requirements. The difference in the TVS insurance renewal price can be due to the inclusions and exclusions of add-ons to your policy coverage.
  • Review the premium amount and make the payment online using a secure payment gateway.
  • Once the payment is complete, you will receive a confirmation email and a copy of the renewed policy documents.

It is recommended to renew your TVS bike insurance before the expiry date of your current policy to avoid any lapse in coverage. You can also compare the premiums and features of different policies offered by other insurance providers before renewing your policy.

How to file a TVS Insurance Claim?

If you want to file a TVS insurance claim, you can follow these simple steps:

  • Contact the insurance provider immediately after the accident or loss. You can call the customer care number or visit their website to initiate the claim process.
  • Provide the details of the accident, including the date, time, and location. Also, provide your policy number and other necessary personal details.
  • The insurer will guide you through the next steps and may ask you to fill out a claim form. You may also need to submit other documents, such as a copy of the bike registration certificate, your driving license, and a police report if the accident resulted in third-party injuries or damages.
  • The insurer will send a surveyor to assess the damages to your TVS bike.
  • Once the surveyor assesses the damages, the insurer will provide an estimated cost of repair or replacement.
  • If the claim is approved, you can get the bike repaired at a network garage or avail of cashless repair facilities.
  • In case of theft or total loss, the insurer will pay the sum assured as per the policy terms.

It is important to file the claim as soon as possible to avoid any delays or complications. Also, ensure that you have all the necessary documents and details ready before you file the claim to make the process smoother.

Documents Required for TVS Bike Insurance Claim

When filing a TVS bike insurance claim, you will typically be required to provide the following documents:

  • Original copy of the policy document.
  • FIR filed at the nearest police station in case of theft, third-party damage or injury, or any other criminal activity.
  • Driving license of the person riding the TVS bike at the time of the accident.
  • Registration Certificate (RC) of the TVS bike.
  • Proof of insurance premium payment.
  • Bills, invoices and receipts for repair/replacement of the damaged parts.
  • In case of an accident, a copy of the estimate of the repair cost.
  • If the accident involved a third-party, a copy of the legal notice received by the third-party claimant.

It is important to note that the exact documents required may vary depending on the circumstances of the claim, so it is best to check with the insurance provider for their specific requirements.

Frequently Asked Questions

What factors affect the premium of TVS bike insurance?

The premium of TVS bike insurance depends on various factors such as the model of the bike, the age of the bike, the location where it is registered, the type of coverage opted for, and the add-ons selected.

What is the difference between third-party and comprehensive bike insurance for TVS bikes?

Third-party bike insurance covers damages caused to a third-party vehicle or property or third-party injuries due to an accident involving your TVS bike. Comprehensive bike insurance provides additional coverage for damages or losses to your own TVS bike due to natural or man-made calamities, theft, fire, and other risks.

How can I reduce the premium of my TVS bike insurance?

You can reduce the premium of your TVS bike insurance by installing safety devices such as an anti-theft alarm or immobilizer, maintaining a good driving record, opting for a higher voluntary deductible, and renewing your policy on time.

Can I transfer the No Claim Bonus (NCB) from my old bike to the new TVS bike insurance policy?

Yes, you can transfer the No Claim Bonus (NCB) from your old bike to the new TVS bike insurance policy, provided you have not made any claims in the previous policy term. This can help reduce the premium of your new policy.

Can I renew my TVS bike insurance policy online even if I have made a claim in the previous policy term?

Yes, you can renew your TVS bike insurance policy online even if you have made a claim in the previous policy term. However, the premium for the new policy may be higher due to the claim history.

Disclaimer

I hereby authorize Bajaj Allianz General Insurance Co. Ltd. to call me on the contact number made available by me on the website with a specific request to call back at a convenient time. I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) under either Fully or Partially Blocked category, any call made or SMS sent in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business. Furthermore, I understand that these calls will be recorded & monitored for quality & training purposes, and may be made available to me if required.

Please enter valid quote reference ID

  • Select
    Please select
  • Please write your comment

Getting In Touch With Us Is Easy

  • Customer Login

    Customer Login

    Go
  • Partner login

    Partner Login

    Go
  • Employee login

    Employee Login

    Go