Buy Hero Bike Insurance Online
The Hero MotoCorp has been a leading name in 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 comprise 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 center 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.
Hero Bikes Insurance Premium Price
|Model||Variant||IDV||Zero Dep (in INR)||Gross Premium (in INR)|
|Hero MotoCorp Passion||STD||24502||NA||1045|
|Hero Splendor iSmart||Drum Self Spoke||23520||NA||1039|
|Hero Destini 125||VX||29498||NA||1078|
|Hero Glamour||Fuel injection||32144||NA||1095|
|Hero Passion Pro||i3s Drum Alloy||26876||NA||1061|
|Hero Ignitor||125 Drum||27048||NA||1062|
|Hero Splendor Plus||iSmart||23520||NA||1039|
|Hero Karizma ZMR||STD||78485||NA||2405|
|Hero Maestro Edge 125||i3S Drum||30478||NA||1084|
|Hero Passion XPro||i3s Drum Alloy||25970||NA||1055|
|Hero Pleasure Plus||Sheet Metal Wheel||23177||NA||1037|
|Hero MotoCorp Puch||3G Automatic||19600||NA||695|
|Hero Splendor Pro Classic||spectra base||21119||NA||1024|
|Hero Splendor Pro||Self Alloy||30658||NA||1085|
|Hero Super Splendor||i3s Drum Alloy||27930||NA||1067|
|Hero HF Deluxe||iBS i3S||22050||NA||1030|
|Hero Pleasure||Sheet Metal Wheel||31221||NA||1089|
|Hero XPulse 200||Fi||52920||NA||1834|
|Hero Xtreme Sports||Single Disc||36571||NA||1123|
What is your bike's brand?
Add-ons For Your Hero Bike Insurance
Like other assets, the value of your two wheeler also depreciates constantly with time and the liability of this expense by default rests with the policyholder. A zero depreciation add-on protects you against the depreciation expenses incurred by your bike. Thus, if you opt for a zero depreciation cover, depreciation expense of your bike is not deducted from your claim amount at the time of a claim settlement. This add-on is available with comprehensive bike insurance plans as well as standalone bike insurance plans. This is one of the most popular and recommended bike insurance add-on covers.
In case of total loss (more than 70% damage) or theft of your bike, the insurance company pays you the Insured Declared Value of your bike as compensation. However, this Insured Declared Value (IDV) is less than the invoice price which you pay at the time of purchasing your bike. The Invoice Protection add-on cover helps you claim the Invoice Price, i.e. total ex-showroom price of your bike plus taxes plus registration charges, of your bike in case of total loss or theft of your bike.
No Claim Bonus is the reward which is given to the policyholder for not making any claim during the policy period. This reward is offered by the insurer in the form of a discount on the own-damage premium of the bike insurance policy at the time of policy renewal. The NCB ranges from 20% to 50% of the own-damage premium depending on the number of claim-free years. However, if you make even a single claim during the policy period this NCB gets lost. But, with the NCB Cover, you can keep your NCB intact even after making a claim during the policy period.
The damages incurred by the engine of the two wheeler are by default not covered under a bike insurance policy. However, if you opt for an Engine Protection Cover, the insurer will be liable to compensate you for damages incurred by the engine of your bike such as damage due to leakage of lubricants, water ingress, hydrostatic lock, damaged gearbox, broken crankshafts or pistons and cylinders. The repair cost of the internal engine parts is often high and can sum up to thousands of rupees or more. Thus, addition of this add-on to your comprehensive or standalone 2 wheeler insurance policy can save you from these expenses.
Hero Bike Insurance User Reviews
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.
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