Indian Motorcycle International LLC is an American brand established in the year 1901. The company began its journey in Western England in the year 1901 as Hendee Manufacturing Company. During the year 1928 the company was renamed as The Indian Motorcycle Manufacturing Company. After a successful journey during year 1901 to 1953, the company was bankrupt by 1953. It was only in the year 2011 that Polaris successfully ventured through Indian Motorcycle.
The company now operates as a subsidiary of Polaris. However, the brand name has been retained as ‘Indian’. It was through Polaris that the Indian Motorcycle was established in India. The company has majorly manufactures in the premium and cruiser segment of motorcycles.
Two wheeler insurance is mandatory in India.
Presently, Indian Motors is offering three bikes in India. Below are Indian two wheeler Insurance premium rates for the top 5 Indian Bikes :
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Disclaimer: The above Indian bike insurance premium rates may change as per the Indian bike model, variant, fuel type, place of registration, year of registration, policy type, IDV and Add-on covers chosen.
Third-party Liability Insurance:
Comprehensive Coverage
Yes it is mandatory- Fix up an appointment for the inspection of your Indian bike. Do note; this can invite a nominal fee. If the insurance company chooses to offer you the coverage, you can make the payment and get the policy in hand. However, if you are lucky enough, inspection may not be mandatory.
As a new owner it’s your obligation to get the existing two-wheeler insurance transferred in your name within the specified period from the date of transfer of RC. If you fail to do so and if you require raising a claim, the same will not be honored. For a favorable claim, the title on the RC of the two-wheeler and the insurance documents has to match. Also, please understand that the current owner can carry forward his existing No Claim Bonus (NCB) with him. He can use it to seek the premium discount if he purchases a new bike in future. Likewise, as a new owner, you will have to earn this bonus with each claim-free year. You can win a maximum of 50% discount on your own-damage premium with NCB.
Yes-an online policy is very much valid. You can also renew your Indian bike insurance policy with a debit/credit biked or even through net banking. Although, for expired policies you will have to contact us for an offline renewal process.
You should opt for a long-term or multi-year two-wheeler insurance plan for your Indian bike to enjoy pure convenience and be completely stress-free. You can save on premiums, eliminates the hassles of yearly renewals, skip the paperwork and avoid the gap in coverage since you are insured for an extended period.
Yes, you will receive reminders via SMS and email on renewals if you have bought the policy from Coverfox.com.
The third party bike insurance only covers your legal liability for any loss and damages to third party because of your bike. It will not cover you or your bike for any damages suffered. Whereas, a comprehensive bike insurance will cover your bike from instances of theft, fire and vandalism. It also protects from natural disasters such as cyclone, floods, earthquakes, or from civil disturbances such as riots, which damages your bike. A list of what perils are covered will be provided in the policy document. Make sure you go through the list to understand the protection being offered. Along with this, it also covers any legal liability arising due to the damages caused to any third party triggered by your bike.
