Hero Electric Bike Two Wheeler Insurance

The series of Hero electric bikes are manufactured by Hero electric. We shall take Hero electric optima plus scooter as an example and reference, to understand the other models. The greatest convenience the Hero electric bikes offer is they do not need a registered number plate. Here’s a quick list of some splendid aspects of the Hero electric bike, especially Hero electric optima plus. Two wheeler insurance is mandatory in India.

• Visit official website of coverfox.com
• Click on bike
• Enter your bike number and policy expiry date
• If you are not sure of bike number, enter the bike name, bike registration RTO and previous policy expiry date
• In case if you have bought a new bike, click on bought a new bike and enter bike model and variant
• Click on view quotes
• Check on premium, coverage and other details
• Enter bike owner details like name, email address, nominee name, date of birth, etc
• Enter communication address and vehicle details
• Make the payment and get policy instantly

Comprehensive insurance policy

• A comprehensive plan offers payment for a wide range of 3rd party related damages & even injuries. This goes for your own damages & injuries as well.
• Even expenses resulting due to man-made activities along with natural calamities & even theft is paid for in this policy.
• If someone steals your Hero electric bike or completely causes damage to it, this plan will ensure that you are compensated for the same as per bike’s total market worth.

Third party insurance plan

• Compensates for only liabilities, injuries or damages related to 3rd party.
• Compensates only for third party related hospitalization costs due to an accident
• Compensates only for third party legal liabilities.
• Offers compensation in case of the sad demise of the third party due to an accident.

• Zero Dep Rider Add-on: An add-on plan offering the entire claim money amount wholly side-stepping any deductions.
• NCB protection Add-on: Even if the bike policyholder proceeds with claim filing, this add-on rider fully safeguards his or her No Claim Bonus providing potential discount.
• Engine Cover Rider: Anything pertaining to the engine parts’ replacement or even engine repairing work of the Hero electric bike is covered by this rider.
• Passenger Protection rider: Compensates a certain amount in case the person behind you gets injured & needs to be taken to the hospital for treatment.
• RTI Rider Cover: If a person conducts theft on your electric bike or demolishes it greatly, this cover provides you with a full amount as your bike’s complete invoice value,
• Roadside assistance Add-on: This add-on becomes a big rescuer in case a person faces an emergency situation on the road and needs quick assistance.

Two-wheeler insurance claim in case of theft of Hero Electric Bike

• Your beginning step should be registering a First Information Report by visiting the closest police station.
• Once you’re done with the first step, connect with your insurance policy company within 2 days keeping your registration info & policy details handy.
• After the second step, make a submission of a series of documents like First Information Report copy, form of claim filing, bike keys & reports of zero trace to your respective insurance company.
• If your Electric bike is not found anywhere, your insurance organization will compensate through a claim price that is in equilibrium with your electric bike’s current IDV.

Own-damage two wheeler insurance claim for Hero Electric Bike

• Your first step involves quickly informing the insurance agent or company & giving details about the accident within two days.
• Your step involves filing the first info report at the police station located close by.
• Your third step is to keep your Hero electric bike where it is without moving it away from the accident location.
• After all of this, the insurer will send an inspection officer either at the accident location or garage to thoroughly assess all the damages or losses.
• The next step involves either receiving a cashless repair service or reimbursement.
• The amount processed via the claim filing will be dependent on factors like coverage type of your base plan and cost of repair.

Third party two wheeler insurance claim for Hero Electric Bike

• Inform the local police about the accident.
• In 3 rd party cases an FIR is obligatory.
• Connect with your insurance agent or company within 2 days.
• Ask the witnesses in your favour to provide their contact info.
• Click some pics from your phone as evidence.
• Don’t forget to take down the entire insurance info of the 3 rd party person.
• Filing of a proper case in the special Motor Accident Claims Tribunal court would then follow.