TVS Sport Insurance

TVS Sport Bike Insurance Summary

TVS Sport is a 110 cc commuter bike that is available in two variants and six bright colours in India. The 108.5 kg bike generates 8.1 bhp of power and 8.7 nm of torque from its engine. It gets a four-speed gearbox and both its rear and front brakes are drum brakes. Both the variants namely kick start alloy and self start alloy have LED DRLs with bulb type headlamp and two pod instrument clusters as the standard features. Other features like air cooled single-cylinder engine, combi brake system, body graphics, and the five-step adjustable hydraulic rear shocks make the bike stand apart.

TVS Sport Bike Insurance

Getting a third party bike insurance policy is mandatory by law in India as per the Indian Motor Tariff. So, if you want to ride legally on Indian roads, then you must own at least a third party bike insurance policy for your TVS Sports bike. Otherwise, you may be punished with a fine of Rs. 2,000 and/or imprisonment of up to 3 months. Having a third-party bike insurance policy is also important because it protects you against any damages or losses caused to a third party that can be a person, property, vehicle etc. To enhance your insurance cover, you can also purchase a standalone own-damage bike insurance policy or a comprehensive bike insurance policy.

Types of Insurance Cover

1. Third Party Bike Insurance Policy: It is the basic requirement to own a third party bike insurance cover. All the bikes, including TVS Sport bike, are eligible to be covered under a third-party bike insurance policy. The policy covers you against third-party liabilities up to Rs. 1 lakh in case of an unfortunate event.
2. Standalone Own-Damage Bike Insurance Policy: A standalone own-damage bike insurance policy helps you to stay covered against the damages caused to your own vehicle due to unfortunate events such as natural calamity, fire, theft, accident, etc. It is not mandatory by law but can prove to be useful for you.
3. Comprehensive Bike Insurance Policy: A comprehensive bike insurance policy offers you a mix of benefits offered by both the policies mentioned above. It covers you against third-party liabilities as well as damage sustained by your own bike in case of a mishap. In short, it keeps you covered in all situations.

How to Buy Insurance for TVS Sport from InsuranceDekho

To purchase a bike insurance policy for your TVS Sport bike online at InsuranceDekho, follow the simple steps given below:

Step 1: Visit the official website InsuranceDekho.

Step 2: Select ‘Bike’ and enter your bike’s number. Click on the ‘Get your Quotes’ button. If you don’t remember your bike’s number, then please enter its brand, model, registration year, fuel type, variant, etc.

Step 3: Enter your personal information like Name and Mobile Number. You can see several quotes displayed on your screen.

Step 4: From various quotes displayed, select the most suitable bike insurance policy for your TVS Sport bike keeping in consideration your budget and requirements.

Step 5: Pay the premium for the selected bike insurance policy online. You will receive the policy document via email within the stipulated time.

TVS Sport Bike Insurance Claim Process

Cashless Bike Insurance Process

The cashless bike insurance gives coverage to your bike by getting it repaired without letting you pay anything. To avail this facility, you will have to get your bike repaired only at the network garage of your insurance company. Given below is the cashless bike insurance claim process for TVS Sport bike:

• Inform your insurer as early as possible after a mishap by connecting with your insurer’s customer support staff or by visiting their website or through their mobile app, if available.
• Tell the police in detail about the event and lodge an FIR, especially in case of accident, fire, theft, etc.
• Click photos of damages sustained by your bike, your bodily injuries, etc, after the accident to keep as evidence at the time of claim settlement.
• Take your bike to the nearest network garage for cashless repairs. You can also connect with your insurer to arrange towing facilities, if your bike is unmovable.
• After the bike reaches the garage, your insurer will send a surveyor to assess the extent of damages sustained by your bike. The surveyor could ask you to show relevant documents like registration certificate, policy copy, driving license, FIR, etc.
• The surveyor will prepare and submit a claim report after assessing the bike’s damage and your documents. Based on the surveyor's report, your insurer will accept or decline your claim.
• If the insurance company approves the claim request, your bike will be repaired at the network garage and the amount of the repair bill will be paid off by your insurer.

Reimbursement Bike Insurance Process

The reimbursement bike insurance gives you coverage to get your bike repaired by reimbursing your repair bill based on your repair bill. Given below is the reimbursement bike insurance claim process for your TVS Sport bike:

• Inform your insurer about the accident and register your bike insurance claim.
• Take your insured bike to a garage of your choice for repair.
• The insurance company will send a surveyor to visit the garage to access the damages.
• A claim estimate report will be prepared and submitted to your insurer by the surveyor.
• The garage will start repairing your damaged bike and you will have to pay its repair cost.
• Submit the repair bills and required relevant documents to your insurer with a claim form.
• Your insurer will examine your repair bills and claim form and then reimburse your bill.