Hero Two Wheelers Insurance
- Excellent resale valueCheck in your City
- A vast array of bike models
- Readily issuance of insurance
- Availability at reasonable prices
- Manufacturing capacity of 9 million unit
The Hero MotoCorp has been a leading name in the design and development of technologically advanced motorcycles and scooters for its customers across the globe. The company, with headquarter in New Delhi, India, has managed to become the world’s largest manufacturer of two-wheelers in terms of volume sales unit in a calendar year in 2001.
The company holds the world’s largest two-wheeler market with more than 50% share in the domestic motorcycle market. It has marked its presence in 37 countries across Asia, Africa, and South & Central America with over 90 million satisfied customers through its range of products.
The portfolio of Hero MotoCorp presently comprises 11 two-wheeler models including Hero Splendor Plus, Hero Passion Pro, Hero Xtreme 160R, Hero XPulse 200, Hero Destiny 125, etc., with Hero XPulse 200 being the most expensive bike which is priced at around Rs. 1.11 lakh.
The world-class centre of innovation and technology of the company is established in Rajasthan, India, to bring the cutting-edge bikes and scooters for the customers. At present, the Hero MotoCorp has an annual combined production capacity of approximately 9 million units of two-wheelers.
Bike Insurance Renewal Process for Hero Bikes
To keep enjoying the benefits of bike insurance, it is mandatory for all the bike owners of Hero bikes to timely renew their bike insurance policies and ensure its continuation without any break. Thus, it is suggested to renew your insurance plan before its expiry date to make your bike stay secured. Here are the steps to renew your Hero bike insurance plan online at InsuranceDekho:
Step 1: Visit the website of the InsuranceDekho and click on the ‘bike’ button.
Step 2: Enter the Registration Number of your Hero bike and choose its fuel type and variant to move ahead. If you do not know the registration number of your Hero bike, then you should click on the ‘Don't know your bike number?’ option and select your bike’s brand, model, variant, fuel type, registration year, registration city and RTO, to continue.
Step 3: Enter the date of expiry of your last bike insurance policy and the name of your previous bike insurance company. Also, share as if you have raised any claim during the last policy year and click on ‘Continue’ to move further.
Step 4: Enter your personal details such as your name, mobile number and the time for which you want your bike to be insured under a bike insurance policy and click on ‘Submit and Get Quotes’ button.
Step 5: All available bike insurance policy premium quotes from different insurance companies will be displayed on your screen. Compare and choose the bike insurance plan quote that best suits your budget and requirements. At this level, you can also select some add-on covers of your choice.
Step 6: Click on the ‘Buy Now’ button and confirm all the details selected by you before making the payment to renew your Hero bike insurance policy. To make the payment for the bike insurance cover by using your debit card, credit card, digital wallets, net banking facilities and so on. After the successful completion of the renewal payment process, the bike insurance policy will be instantly issued and its policy copy or document will be sent to you at your registered Email ID.
Cashless Bike Insurance For Hero Bikes
If you hold a Hero bike, you can raise a claim for it with a cashless bike insurance method by taking it to a network garage of your insurer for repair. After an accident or any sort of mishap, you must intimate your insurance company immediately about the event to initiate the cashless bike insurance process. Under this process, you are allowed to get your Hero bike repaired at a recognised garage of your insurer after an accident without paying anything as under this process the insurance company will be liable to bear the repair costs on your behalf, once the insurer approves your claim.
The cashless bike insurance claim is a perfect option for all the bike owners as it does not require them to pay their bike repair costs after facing an accident. The cashless bike insurance claim process requires fewer documents to be attached in the claim submission and involve lesser formalities in it. The cashless claim process is swift as the surveyor sent by the insurance company reaches immediately to the garage after the mishap. It speeds up the process as the repair task could not be started without the insurer's approval that is offered on the basis of the surveyor's report. The insurance providers give authorization to various network garages based on their quality criteria to enable its policyholders get the best repair service for their bikes without making any payment.
Hero Cashless Bike Insurance Claim Process
The cashless bike insurance claim settlement process for your Hero bike is a quite seamless and simple process. In order to make the claim, you are required to follow the below given easy steps:
Step 1: If you want to initiate the claim settlement process, begin by contacting the insurance company and file for the claim by giving them all necessary information like location, place, accident time, information about the witness etc. You can contact your respective insurance company either by calling them on their toll free number or writing an email to them.
Step 2: Once the claim is registered, the insurance company will send a surveyor to the place of accident to inspect the extent of loss or damage caused to the bike because of the mishap. After the inspection is over, you can take your bike for repair at a nearby network garage.
Step 3: A report is sent by the surveyor to the insurance company, who after evaluating it approves for the claim. You can then get your bike repaired free of cost at a network garage and the payment for repairs will be borne by the insurance company.
Step 4: Payment for repairs will be borne by the insurance company after deducting for deductible and depreciation amount. Once the repair is done, you can take your bike home.
Hero Reimbursement Bike Insurance Claim Process
In case, the bike is taken to any other garage other than the network garage by the policyholder for repair, then the expenses of repair has to be borne by them. The policyholder can later make a reimbursement claim with the insurance company. The reimbursement procedure can be done by following the below given steps:
Step 1: If you wish to initiate the reimbursement claim settlement procedure, then immediately contact the insurance company and file for claim by offering all the important details like location, place, time of accident and information about the witnesses etc. You can inform them by either contacting them on their toll free number or you can also mail them at their official email ID.
Step 2: After the claim is filed, a surveyor is sent by the insurance company to examine the condition of the bike after the accident and before it is sent to a garage for repair. A policyholder needs to submit all the important documents to the surveyor. Then, a report is prepared by the surveyor and sent to the insurance company for approval of the claim.
Step 3: Tow your Hero bike to your desired garage and make payment for the repair. Afterwards, start the claim reimbursement process with the insurance company by submitting the receipt and the bills alongside all the important documents to them. The insurance provider verifies all the information and estimates the reimbursement amount after taking into consideration all the depreciation and deductibles amount. Afterwards, the insurance company disburses the amount to the policyholder.
How to Renew an Expired Policy for your Hero Two-Wheeler?
Forgetting the expiry date of your two-wheeler’s insurance policy is an understandable error that occurs to many with busy schedules. To ensure such a silly mistake does not result in losses the insurance providers give their customers a grace period. For 90 days after the expiry date, the policyholder has a chance to renew their policy and keep their NCB intact. However, after this date the policy lapses and can no longer be renewed. A fresh policy must be purchased by the customer to ensure their two-wheeler. Moreover, the two-wheeler must go through inspection formalities once again. To purchase a fresh insurance policy for your Hero two-wheeler follow these steps:
Step 1: Go to the InsuranceDekho website and select the two-wheeler insurance tab.
Step 2: Enter the two-wheeler’s registration number or other details such as make, model and year of registration if you do not have it.
Step 3: Provide your personal details, i.e., name and phone number along with any additional required information. Select the ‘Submit and Get Quotes’ button once done.
Step 4: The two-wheeler insurance policies available in your category will be visible on the screen. Compare the quotes and select one that is best suited to your needs and price point.
Step 5: Pay for your selected policy. The insurance document will be sent to your registered email ID.
Bike Insurance Premium for Hero Bike Variants
|Bike Model||Variant of the Bike||IDV*||Zero Depreciation Price* (INR)||Premium* (INR)|
|Hero Passion Pro BS4||i3s Drum Alloy||26876||NA||1061|
|Hero Splendor Plus||iSmart||23520||NA||1039|
|Hero HF Deluxe BS4||iBS i3S||22050||NA||1030|
|Hero Passion XPro||i3s Drum Alloy||25970||NA||1055|
|Hero Glamour||Fuel injection||32144||NA||1095|
|Hero Splendor Pro||Self Alloy||30658||NA||1085|
|Hero Super Splendor||i3s Drum Alloy||27930||NA||1067|
|Hero MotoCorp Passion||STD||24502||NA||1045|
|Hero Maestro Edge 125||i3S Drum||30478||NA||1084|
|Hero Pleasure Plus||Sheet Metal Wheel||23177||NA||1037|
|Hero Destini 125||VX||29498||NA||1078|
|Hero MotoCorp Puch||3G Automatic||19600||NA||695|
|Hero Splendor Pro Classic||spectra base||21119||NA||1024|
|Hero Xtreme Sports||Single Disc||36571||NA||1123|
|Hero Karizma ZMR||STD||78485||NA||2405|
|Hero Splendor iSmart BS3||Drum Self Spoke||23520||NA||1039|
|Hero Pleasure||Sheet Metal Wheel||31221||NA||1089|
|Hero Ignitor||125 Drum||27048||NA||1062|
|Hero XPulse 200||Fi||52920||NA||1834|
|Hero XPulse 200T||STD||48804||NA||1801|
|Hero Xtreme 200S||STD||49000||NA||2119|
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Hero Bike Insurance FAQs
How long does it take to renew a Hero bike insurance?
You can get your
bike insurance renewed in just 5 minutes with InsuranceDekho.
Which all insurance add-ons should I buy for Hero bikes?
The popular insurance add-ons opted with
bikes include zero depreciation add-on, consumable cover and NCB (No Claim Bonus) cover among others.
From where can I purchase insurance for my Hero bike?
You can visit our website insurancedekho.com, compare all available premium quotes for Hero bikes and select the one which best suits your requirements. With InsuranceDekho, get policy issued instantly.
Which insurer has the best claim settlement ratio for Hero bikes?
Acko General Insurance, Bharti AXA General Insurance and ICICI Lombard General Insurance are among the bike insurers who have registered impressive claim settlement ratio for Hero bikes.
Can I buy a bike insurance policy online for my Hero bike?
Yes, you can purchase a bike insurance plan online for your Hero bike. To buy a policy you can either visit an insurance company’s website of your choice or you can reach to the best insurance platform such as InsuranceDekho i.e, www.insurancedekho.com. The InsuranceDekho portal makes the online purchase of a bike insurance plan easier for you by offering various premium quotes offered by various insurers for your Hero bike insurance plan to compare and select a policy based on budget and needs.
Is it mandatory to have a third party bike insurance for Hero bikes?
Yes, it is mandatory for every bike owner in India to carry at least a third party bike insurance plan while riding a bike or scooter, as per the Indian Motor Tariff. This law is compulsorily applicable to all the brands of bike including Hero bikes.
With which insurance policy can I avail No Claim Bonus (NCB) benefit for my Hero bike insurance?
You can be benefited with the No Claim Bonus (NCB) facility with a standalone own-damage bike insurance plan or a comprehensive bike insurance plan for your Hero bike. With this benefit, the premium amount of the next year will be deducted with the percentage of the NCB earned by not making any claim in the previous policy year.
For whom a zero depreciation add-on cover is best to hold?
Zero Depreciation add-on cover is ideal mostly for costly bikes and two-wheelers. People who buy a new bike can also opt for this add-on cover. However, it is a must-have option for people living in accident-prone areas. Also, if you did not buy this cover initially, you can still purchase it at the time of your Hero bike insurance renewal.
In how much time can I raise a bike insurance claim for my Hero bike after a mishap?
You can raise a bike insurance claim for damage or loss sustained by your Hero bike within 7 days of a collision or a mishap. However, this duration can vary from one insurance company to another, therefore, you should go through your bike insurance policy document for the right information and details provided by your insurance provider.
Can I get the bike insurance policy for my Hero bike renewed after its expiration?
Yes, you can get your bike insurance policy for your Hero bike renewed even after the expiry date by paying an additional amount as a penalty in the grace period of 30 days to 90 days from the date of expiry during which you can renew your plan. However, the grace period time may vary from insurance company to insurance company, therefore, you should go should confirm it by going through the policy document of your bike insurance cover or contact your bike insurance agent.
What should I enter on the premium calculator to get the premium for my Hero bike insurance?
To find the right Insured Declared Value (IDV) and premium amount for the bike insurance for your Hero bike, you must make the following entries in the premium calculator:
- Brand of the Bike
- Model of the Bike
- The variant of the Bike
- Year of Purchase
- Bike Registration City, etc.
How can I get bike insurance related assistance for my Hero bike?
If you want to seek assistance for your bike insurance policy of your Hero bike, you can easily get in touch with the customer care support team of the InsuranceDekho company by calling them at 755-1196-989 between 10 am and 7 pm from Monday to Sunday or by writing them an email at - firstname.lastname@example.org.
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