Which bike do you ride?
Add-ons For Your Royal Enfield Bike Insurance
- Zero Depreciation
Like other assets, the value of your bike 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 bike 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 bike insurance policy can save you from these expenses.
Royal Enfield Bike Insurance User Reviews
InsuranceDekho platform provided me with excellent bike insurance plans at the lowest possible prices for my Royal Enfield Interceptor 650 bike. It made me find the best plan at the best price.
I own a bike insurance policy of Bajaj Allianz general insurance company for my Royal Enfield Thunderbird 350X bike. The InsuranceDekho team suggested this plan for its wide network of garages that helped me a lot later.
InsuranceDekho platform provided me with amazing quotes of two-wheelers from which I chose Raheja QBE bike insurance plan for my Royal Enfield Interceptor 650 bike. I got the insurance policy at reasonable prices.
The InsuranceDekho platform helped me find Edelweiss bike insurance policy for my Royal Enfield Thunderbird 350X bike in no time. I am extremely happy with their prompt policy issuance service.
I got my claim for National insurance settled in very less time which I purchased for my Royal Enfield Classic 350 bike. The executives of InsuranceDekho helped me a lot with the claim settlement process.
I have a Raheja QBE insurance policy that insures my Royal Enfield Thunderbird 350X bike with its strong network of garages. I bought the bike insurance plan from InsuranceDekho portal.
The website of InsuranceDekho displays updated and helpful information related to insurance. Its content helped me make an informed decision to buy a DHFL bike insurance plan for my Royal Enfield Thunderbird 350X bike.
InsuranceDekho portal provided me with amazing bike insurance policy quotes from different insurers at reasonable rates from which I bought ICICI Lombard insurance plan for my Royal Enfield Interceptor 650 bike.
I bought a comprehensive plan of Bharti AXA insurance from InsuranceDekho for my Royal Enfield Thunderbird 350X bike. The insurer has a wide network of garages that helped me get it repaired easily.
InsuranceDekho portal has been providing me with excellent bike insurance deals at affordable rates. They offered me Liberty Insurance Policy for my Royal Enfield Interceptor 650 bike with best add-ons at reasonable rates.
How long does it take to renew a Royal Enfield bike insurance?
You can get your
bike insurance renewed in just 5 minutes with InsuranceDekho.
Which all insurance add-ons should I buy for Royal Enfield 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 Royal Enfield bike?
You can visit our website insurancedekho.com, compare all available premium quotes for Royal Enfield 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 Royal Enfield 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 Royal Enfield bikes.