Hero Two Wheelers Insurance

About Hero

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 the 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.