Hero Electric Bike Insurance

    Hero Electric Bikes Insurance Premium Price

    ModelVariantIDVZero Dep (in INR)Gross Premium (in INR)
    Hero Electric FlashSTD 22986 NA 607
    Hero Electric Avior E CycleAMX 22540 NA 1033
    Hero Electric Optima PlusSTD 32018 NA 570
    Hero Electric ZippyZippy 18866 70 326
    Hero Electric OptimaPlus Sa 32018 NA 570
    Hero Electric Bajaj Avenger Cruise 220Bajaj Avenger Cruise 220 Desert Gold 74300 193 2013
    Hero Electric ZionE Bike 36788 74 564
    Hero Electric Optima DXLi 32018 NA 570
    Hero Electric NyxHero Electric Nyx STD 31831 NA 571
    Hero Electric CruzSTD 30468 NA 576
    Hero Electric PhotonSTD 22613 NA 715
    Hero Electric MaxiSTD 23840 NA 603
    Hero Electric WaveDx 42539 85 652
    Hero Electric E SprintSprint 44846 90 687
    The above-mentioned premiums are suggestive and may change basis terms & conditions

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    When did you buy your bike?
    20042019
    Have you made a claim in the previous year?

    Add-ons For Your Hero Electric Bike Insurance

    • Zero Depreciation

      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.

    • Invoice Protection

      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.

    • NCB Cover

      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.

    • Engine Protection Cover

      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.

    FAQ

    • How long does it take to renew a Hero Electric 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 Electric 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 Electric bike?

      You can visit our website insurancedekho.com, compare all available premium quotes for Hero Electric 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 Electric 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 Electric bikes.

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    #Applicable on non-inspection cases i.e. existing policy has not expired or when buying a policy for a new vehicle.