About Ultraviolette F77 Insurance

The Ultraviolette F77 is an eagerly awaited electric bike with high end specifications and features. If you’re among those who are awaiting one of India’s most powerful electric bikes, you also need to ensure that you’re aware of how you can protect it with a good bike insurance plan as well.

 

The premium that you would have to pay for your Ultraviolette F77 bike insurance is dependent on a host of factors such as the type of plan you choose to purchase, the add-ons that you get together with the plan and the insurer you purchase your plan from. Hence, it is advisable to have all this information handy before deciding which insurance plan works best for you.

Check Insurance Premium for Ultraviolette F77 Variants

The Ultraviolette F77 is available in a single variant only. Should you be looking at purchasing one, you certainly require to know the cost of buying it as well as the cost of getting it insured. The table below should help you with the expected price of the vehicle and also the expected F77 insurance cost.

Ultraviolette F77 Variant

Estimated Ultraviolette F77 Price

Fuel Type

Estimated Third-Party Premium~

FY 2022-23

(effective 1st April, 2022)

STD

₹ 3 Lakh

Electric

Rs. 1366

*The Ultraviolette F77 insurance cost and premium rates will depend on the variant, place and date of registration, Insured Declared Value, and any add-on covers chosen.

How to Buy Ultraviolette F77 Insurance Online?

You can get insurance for your electric bike quickly and easily by buying it online. Just follow the easy steps provided here, and you will have a bike insurance plan in no time at all.

 

  • Open the Bajaj MARKETS website or app on your device

  • Under the Insurance section, select two-wheeler insurance

  • Use the bike insurance calculator under this section to calculate your bike premium amount

  • You will be asked to enter certain details about your bike.

  • Choose the type of insurance you wish to purchase and the add-ons that you want to get as well.

  • Confirm the information and the final amount, and choose your mode of payment.

  • Upon successful receipt of payment and the verification of your information, your insurance policy will be issued to you.

How to Renew Ultraviolette F77 Insurance Online?

Renewing your bike’s insurance online is now as easy as buying one online. Here are the steps that you need to complete to renew your Ultraviolette F77 insurance online.

 

  • Visit your insurer’s website

  • Input your personal and bike-related details.

  • Check your renewal premium, and make an instant online payment.

  • Your F77’s insurance will be renewed and you will receive a copy of your policy as well.

 

Do note that for the smoothest experience, it is always advisable to renew your Ultraviolette F77 insurance before it expires.

 

Read More: Bike Insurance Renewal

Why to Insure your Ultraviolette F77?

There are plenty of great reasons as to why you should insure your Ultraviolette F77 bike. For starters, the Motor Vehicles Act, 1988 mandates you to insure your bike. Some of the other reasons to get bike insurance are:

 

  • It covers third-party legal liabilities in the unfortunate event of an accident

  • Provides you with monetary compensation in the event of accidental damages to your bike

  • Provides financial security in the event of damages to your bike on account of natural or man-made calamities

Types of Ultraviolette F77 Bike Insurance

The most common types of Ultraviolette F77 bike insurance are:

  • Third-Party Insurance

A third party bike insurance is a no-frills plan which provides the most basic coverage. It helps comply with the legal requirement of owning a bike insurance and also addresses the financial obligations that result if your bike is responsible for injuries or damages to another person or their vehicle.

  • Comprehensive Insurance

When you own a bike as cool as the Ultraviolette F77, then you must be assured of its protection to be truly able to enjoy riding it. This is best achieved by getting comprehensive insurance. As the name suggests, it gives you a comprehensive all-round cover, and in addition to covering third-party liabilities, also provides you with financial compensation should your own bike be damaged in an accident or calamity. You can also enhance the scope of comprehensive insurance cover by purchasing add-ons to your insurance plan.

 

Read More: Benefits of Comprehensive Bike Insurance

Inclusions

Inclusions are the expenses or events leading to it that are covered by your F77 insurance plan. Some of the typical ones include:

 

  • Third-party liabilities and expenses

  • Damage to your own bike and the cost of repair / replacement of parts due to an accident

  • Damage caused due to natural disasters like earthquake, flood, cyclone etc.

  • Cases of theft of your bike

  • Bodily harm to the rider of the bike or the pillion passenger

Exclusions

Knowing the exclusions is equally important. Exclusions are those aspects and events which fall beyond the purview of the F77 insurance plan. Some of these exclusions are:

 

  • Age-related wear and tear, and depreciation of the bike

  • Mechanical or electrical breakdown of the engine or other components

  • Having an invalid or expired insurance plan while the accident was caused

  • Non-adherence to traffic rules, resulting in an accident

  • Riding without a licence or riding when in possession of an invalid driving licence

  • Riding under the influence of any narcotic substances or alcohol

Add-On Covers for Your Ultraviolette F77 Insurance

The best thing about buying insurance at Bajaj MARKETS is that you get a variety of add-ons to choose from. These are a convenient way to enhance your f77 insurance cover via the payment of nominal additional charges, that can save you a lot of money in the future. For example:

  • Zero Depreciation Cover:

Zero Depreciation in Bike Insurance helps you get full value even when your bike gets older. Adding this to your F77 insurance plan would increase the overall protection of your car in the long run.

  • Accessories Cover

It helps protect any modifications or accessories you have custom fitted on your bike.

  • 24 x 7 Roadside Assistance Cover:

Bike Roadside assistance cover helps you get out of tricky spots if your bike breaks down, leaving you stranded.

  • Engine Protection Cover:

It is specifically intended to cover engine damages and all its peripheral components.

Ultraviolette F77 Insurance Claim Process

An f77 insurance claim process is initiated when an accident or damage to the bike has already happened. There can be two types of claims, namely, Cashless or Reimbursement claims.

  • Cashless Claims -

Wherein you are not required to shell out any money from your own pocket and the insurer pays the garage directly for the expenses incurred.

 

Read More: Cashless Claim in Bike Insurance

  • Reimbursement Claims -

Wherein you first pay for the repair related expenses and then the insurance company pays you back the amount as per the policy terms.

 

For a smooth claim process you should have the following documents handy:

 

  • Identity Proof

  • Address Proof

  • Driving Licence

  • Bike Registration certificate

  • Original bills of the repair work done

  • FIR copy in case of an accident

 

Now, you can raise a claim against your Ultraviolette F77 insurance policy conveniently.

 

  • Notify your insurance company, online or through a phone call, regarding the details of the mishap.

  • In the case of a theft, file an FIR.

  • For a cashless claim; locate a nearby network garage, or else get your bike repaired in a garage that is convenient for you and claim the expenses later as part of the reimbursement process.

  • Upload the relevant documents and proofs online and submit your claim.

 

Each claim goes through a verification process. Once verified, the payment is made directly to the garage (in the case of cashless claims) or paid to you (for reimbursement claims).

 

Read More: Bike Insurance Claim Process

How to Reduce the Ultraviolette F77 Insurance Cost

Just like you would have paid considerable attention to the features and specifications before buying your bike, sufficient thought should go into choosing the right insurance plan. The Ultraviolette F77 insurance cost depends on various factors and can be controlled by paying attention to them.

 

  • Always compare different insurance plans and their features and cost benefits.

  • Add-ons are a good way to get enhanced insurance coverage, however, not all may be required. Carefully select only the ones you truly need.

  • Keep a good riding track record and stay clear of traffic violations and other misdemeanours.

  • It may be prudent to settle minor expenses from your own pocket so that your No Claim Bonus (NCB) stays unaffected.

Top Tips to Maintain Your Ultraviolette F77

  • Keep your bike clean and ensure all electrical nodes are frequently lubricated to maintain the overall electric machinery.

  • Regularly get your electric bike serviced and all nuts and bolts checked.

  • Care for the bike’s battery as per the instruction manual.

  • While charging, aim to get a full complete charge each time for optimal battery performance.

  • Once every fortnight, check the brake pads for effectiveness.

  • Maintain the prescribed tyre pressure and keep checking it especially during summers.

Keeping your Ultraviolette F77 in good condition will also help in lowering your F77 insurance cost.

Ultraviolette F77 Maintenance Costs

The Ultraviolette F77 has low operating and maintenance costs. The biggest and most important component of the bike is its battery. Typically it can last anywhere between 3-5 years depending on the type of battery and the care provided to it. Experts recommend getting your electric bike serviced every 1000 kms or 6 months and get the electric nodes checked out to avoid any unpleasant incidents.

Service

Kilometres/ Months

Free / Paid

Total Cost

 

1st Service

500 / 6 months

Free

 

2nd Service

1,500 / 12 months

Free

 

3rd Service

2,500 / 18 months

Paid

Rs. 5,000

4th Service

3,500 / 24 months

Paid

Rs. 3,000

5th Service

4,000 / 30 months

Paid

Rs. 3,500

About Ultraviolette F77

The Ultraviolette F77 is a power-packed, sophisticated and energy efficient motorcycle, designed for urban riders. It promises to deliver a maximum power output of 25,000W at 2,250 rpm, and has a range of 130-150 km using three battery packs. This bike also can go from 0-60 kmph in a mere 2.9 seconds, and hits a top speed of 147 kmph. The Ultraviolette F77 specs firmly position it as one of the most powerful electric bikes that the country will see in the next year.

 

The F77 also promises intelligent interfacing via an advanced communications platform, allowing you to customise performance, analyse your rides and conduct preventive maintenance on your bike. While this bike has not yet been officially launched, it is available for pre-order, and is eagerly awaited by thousands of bike enthusiasts.

Ultraviolette F77 Variants

While the Ultraviolette F77 will be offered in just a single variant, it will be available in three distinct colour schemes.

Ultraviolette F77 Colour Variant

Fuel Type

Features

Lightning

Electric

 

Motor Type: AC

 

 

Motor Power: 25000 W

 

 

Max Speed: 147 kmph

 

 

Charge Range: upto 150 kms per full charge

 

 

Charging Time: 1.5 hrs

 

 

Brake Type: Disc (front and rear)

 

 

Number of Batteries: 3

 

 

Push Start Ignition

 

Shadow

Electric

Laser

Electric

On-Road Price in Top Cities

As this bike is yet to be formally launched, the Ultraviolette F77 bike price is yet to be officially declared. However, the price range for this bike is estimated to be in the range of ₹ 3 - 3.5 Lakh. As is always the case, the Ultraviolette F77 on-road price will be higher than the ex-showroom price. This is because of the additional costs of registration and insurance, which can vary based on the location where the bike is registered at. The table can give you an idea of the expected on road price of the F77

City

Ultraviolette F77 On-Road Price

Delhi

Rs. 3 Lakhs

Mumbai

Rs. 3.24 Lakhs

Pune

Rs. 3.05 Lakhs

Disclaimer: The actual prices may vary, as the bike is yet to be launched.

Conclusion

The Ultraviolette F77 promises to be an incredible piece of engineering, which marries high performance with energy efficiency. Should you finally get your hands on one of these bikes, it is prudent to ensure its protection via a great bike insurance plan. A bike insurance plan is not only legally mandated, but also offers several monetary benefits to you, in addition to giving you peace of mind. The cost of getting such a plan depends on a number of factors, and it is important to be thoroughly aware of all these intricacies before purchasing your dream bike.

Check Out Bike Insurance Plans Available at Finserv MARKETS

FAQs on Ultraviolette F77 Insurance

What is Ultraviolette F77’s mileage?

The Ultraviolette F77 is expected to have a range of 130-150 kms on every full charge.

What is the IDV of Ultraviolette F77?

Insurance Declared Value (IDV) is the total amount that is payable by the insurer in case of irreparable damage or loss of the bike. The F77 price of the variant purchased will determine its IDV.

How many batteries does the F77 come with?

F77 bike comes with 3 batteries, and additional can be purchased as required.

Is any special licence required for riding the F77 bike?

If you’re in possession of a valid two-wheeler driving licence, then that will be sufficient for riding the F77 too. 

Do you require bike insurance for electric bikes?

If your electric bike has a power output greater than 250W and can exceed a speed of 25 kmph, you are required to have at least a third-party insurance for your bike. So make sure that when you buy the Ultraviolette, you also get the F77 insurance. 

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