✓No Inspection Policy Issuance ✓24x7 Assistance ✓Quick Claim Processing | Buy a Bike Insurance Plan Starting at ₹482/year*
Hero Electric Optima LA bike insurance will act as a protection to your two-wheeler. With premium coverages, your insurance plan will compensate for the damages occurring in case of any unforeseen circumstances. When buying your Hero electric optima LA bike insurance the factors that will be taken into consideration are as follows:
Age of the vehicle
The region of registration
Driving background of the owner/rider
You can choose an insurance plan according to your needs and get a safer life.
Under the Motor Vehicle Act, 1988 it is necessary for you to get your hero electric optima LA Bike Insurance if you own a vehicle. You can choose a convenient plan among the ones available in the market. Also, you can get several add ons and other benefits for a premium. In case of any unfortunate event, you don't have to worry about the expenses to repair the damages. The insurer will look into your coverage and cover the aspects included in your plan. Reckless driving is very common in our country. Besides, you never know what is waiting ahead. To keep your bike as well as yourself protected, insurance for your bike is very crucial.
There are two types of Insurance plans for bikes namely, third party insurance and comprehensive insurance. Both these insurance plans for bikes have their unique properties. You have to explore and know your needs and match with their offerings and buy a plan accordingly.
Third-party insurance
Third-party insurance plan is mandatory under the Motor Vehicle Act, 1988. This plan covers third-party liabilities but will not offer any compensation for the loss of your bike
Comprehensive insurance
On the other hand, comprehensive insurance plans with a higher premium provides more protection. It looks into all the corners and compensates for your loss as well. Hence, it is highly recommended to have comprehensive insurance keeping in mind the condition of road and driving around
Finserv MARKETS come with several advantages over other motor insurance providers. Here’s a quick list for your to choose better:
You can buy your Hero electric optima LA bike insurance online, easily within sometime, in just a few steps
The renewal process is also easy and hassle-free, so you can save time
You can avail of cashless claim
You will get a digital proof of your insurance after buying your plan
You will be offered with no claim bonus or NCB on claim-free policy terms.
Also, you can switch 50% of your NCB in case you change insurer from your existing NCB
The things that are included in your Hero Electric Optima LA Bike insurance are as follows:
Any destruction or damage caused due to flood, earthquake and any other natural calamity
Any damage caused due to theft or other man-made hardship
Coverage for personal accident
The destruction caused due to any riot
Although there are several inclusions in the plan, there exist some exclusions as well. The following are the things that are not included in your insurance plan:
Loss or damage caused due to drinking and driving
Loss or damage caused while reckless driving and not maintain the speed limit
And loss occurred due to nuclear waste
Loss because of foreign incursions
The add on are:
Zero depreciation cover: This would help you decrease the stress of having to bear the depreciation costs of your bike
NCB i.e No Claim Bonus: This is a discount that is offered to you as a reward from the insurer, and would be available at the time of renewal of your policy
24/7 roadside assistance: This would ensure that you get assistance when you are stuck on the road for some technical issues with your vehicle
The process to apply for Hero Electric Optima LA electric bike insurance is simple and time-saving. All you have to do is follow some steps and buy your plan:
Visit Finserv MARKETS
Click on apply to fill your application
After filling your application with details such as your bike registration number, RTO location, phone number, bike registration date, etc., submit your form
You will then receive the policy quote as well as other details
Once you agree with the quote, proceed and complete the payment
The insurance will be sent to your email address
Filing your claim through Finserv MARKETS is very easy. The following are the steps to claim
Contact the insurer and register your claim at the earliest after the accident
Provide the necessary authentic documents and details with the correct information
Your claim statement will be assessed by the company
Keep an eye on your claiming status
Having a Hero Electric Optima LA bike can make your life easier with smooth communication, but it is important to look into the safety of your life and your possession. With Finserv MARKETS, you can do so easily and very few minutes and enjoy your ride without worrying about the financial loss while repairing damages.
Yes, it is important to get bike insurance. This is to abide by the laws and also for safety purposes.
Hero Electric Optima Lithium-Ion, Hero Electric Optima ER are some of the other variants of Hero Electric Optima LA.
The factors that your premium depends on are age of your bike, region of your registration, and rider's driving background.
The third-party insurance plan is important to have under the Motor Vehicle Act.
The documents required for a claim are the claim form, insurance paper, engine number, date and time of accidents, FIR in case of theft man-made and natural calamities.
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