✓No Inspection Policy Issuance ✓24x7 Assistance ✓Quick Claim Processing | Buy a Bike Insurance Cover Starting at ₹482/year*

About Hero Bikes

No matter which Hero bike you own or are planning to purchase, it is still one of the most valuable assets that you have. So, how do you plan to secure it? This is when comprehensive insurance comes in the picture. Some benefits of buying Hero insurance are as follows –

  • With the right insurance plan, you will have your vehicle financially protected in case of accidents, theft, or loss incurred due to natural or man-made disasters

  • If there is total loss or damage to the vehicle, the insurer will compensate you with an appropriate amount (amount not exceeding the IDV)

  • Hero bike insurance not only covers for the third-party liabilities but also provides all-around insurance coverage

  • If there is any third party damage to people, property, or other vehicles, the insurer will compensate for the loss incurred by your vehicle directly to the concerned person

  • The process for Hero insurance renewal is quite easy. In fact, you will receive the renewed policy almost instantly

  • Most insurance providers offer long term insurance coverage – wherein the policy term is for three or five years

Why is It Important to Insure Your Hero Bikes?

When you are riding your beloved Hero two-wheeler, there is always a chance of a mishap or an accident happening on the road. This sturdy bike can also be damaged on the road, no matter how safe you ride. Just one mistake and it is possible to lose control of the situation, causing loss or damage to your bike. Accidents can always happen, that is why it is always necessary to be insured and secured. Bajaj Allianz offers bike roadside assistance to ensure you travel carefree and enjoy your journey.

These situations can cause a lot of emotional turmoil and put a financial burden on you. Thus, it is essential to get comprehensive insurance for maximum two-wheeler vehicle protection, even if you have a compulsory Third-Party Two Wheeler insurance (according to the Motor Vehicles Act, 1988). Be safe, be insured. Third party insurance financially covers you against third party liability. The difference between third party and comprehensive insurance is that the latter gives you a more extensive coverage. 

Hero Insurance Price

Hero Bike Insurance

Sr No

Model

Engine cc

TP Rates

1

Hero HF Deluxe

97

752

2

Hero Passion Pro

97.2

3

Hero Splendor Plus

97.2

4

Hero Pleasure

102

5

Hero Passion XPro

110

6

Hero Maestro

110.9

7

Hero Duet

110.9

8

Hero Passion Pro 110

113.2

9

Hero Destini 1251

124

10

Hero Glamour i3s

124.7

11

Hero Super Splendor

125

1193

12

Hero Glamour

125

13

Hero Achiever

149.1

14

Hero Xtreme Sports

149.2

15

Hero XPulse 200

199.6

16

Hero Xtreme 200R

199.6

17

Hero Xtreme 200S

199.61

18

Hero Karizma ZMR

223

In case you are wondering how much will your two wheeler insurance premiums be, use the bike insurance calculator available on Finserv MARKETS and get a quote instantly. Moreover, the tool also allows you to compare the given price with quotes offered by other insurers in India.

How Can You Reduce Your Hero Two Wheeler Insurance Premium?

There are a few ways that might help in lowering the premiums for your Hero insurance. It includes –

  • Install Anti-Theft Devices: Having an anti-theft device in your vehicle avoids the risk of theft and burglary. As this device remains active 24 hours, you are alerted instantly if something happens to your bike.

  • Opt For Voluntary Deductibles: When you opt for voluntary deductibles, you basically are agreeing to pay a percentage of the total claim amount from your pocket. Opting for this will definitely decrease the premium amount.

  • Get an AAI Membership: If you are a member of the Automobile Association of India, you can avail discounts on your Hero bike insurance premiums. All you have to do is inform your insurer when purchasing/renewing bike insurance that you have AAI membership.

Why Choose Finserv MARKETS for Hero Insurance?

  • Speedy Online Application/Renewal

You can buy Hero insurance on our website or even on our mobile app in a few simple steps. You will need details like the model of your bike, its age, its registration number and the city in which it is registered. Having this information handy will ensure that your purchase process is seamless and quick. Hero insurance renewal online on our website is absolutely hassle-free if you are already a policyholder.

  • Easy NCB Transfer

NCB refers to No Claim Bonus, which is a bonus received when you don’t make any claims throughout the year. If you want to switch to the plan offered on our platform, you can easily transfer up to 50% of your existing NCB to the new insurer.

  • Enjoy Discounts

Secure discounts on premium if you are a member of a recognized automotive association, if you have an anti-theft device installed or if you have a good rider history.

  • Long-Term Two Wheeler Policy

On our platform, you can secure a Hero two wheeler insurance for up to 3 years. So you can bid goodbye to the trouble of yearly renewal. Plus, we will remind you with a notification in advance, when your policy is about to expire.

  • Digital Two Wheeler Insurance

As soon as you complete the online two-wheeler application process on our platform, a digitally signed Bajaj Allianz Two Wheeler Insurance policy will be issued to you instantly.

  • Simple Claims and Inspections

The policies available on our platform offer nuisance-free & speedy insurance inspections while the claim settlement processes are also quick. This makes the overall two wheeler insurance buying experience very convenient with us.

Inclusions In Hero Bike Insurance

  • Damage due to fire, explosion, self-ignition or lightning.

  • Damage due to burglary, housebreaking or theft.

  • Damage due to Riot and Strike.

  • Damage due to Earthquake (Fire and Shock Damage).

  • Damage due to Flood, Typhoon, Hurricane, Storm Tempest Inundation, Cyclone, Hailstorm frost.

  • Damage caused by accidental external means.

  • Damage due to malicious acts.

  • Damage due to terrorist activity.

  • Damage whilst in transit by road, rail, inland waterway, lift elevator or air.

  • Damage due to Landslide/Rockslide.

How to Renew Hero Insurance at Finserv MARKETS?

Applying for a Hero Bike Insurance on our platform is a simple and quick process. You can do it through our website or using our mobile app. Just fill in the relevant details in the online bike insurance application form to apply.

Hero Bike Insurance

Hero Insurance Claim Process

It is important to register a claim with us as soon as possible in the event of an accident or theft of your Hero bike. With Finserv MARKETS, you can file a Hero Bike Insurance claim in two ways: -

  1. File a claim online by visiting our Claims page by providing the necessary details.

  2. You can also file a claim by calling our Toll free number - 1800-209-5858, after which you will be connected to our customer care executive who will guide you through the entire Hero Two Wheeler Insurance claim process.

Exclusions In Hero Bike Insurance

  • Damage or loss caused outside the designated geographical area in the bike insurance policy.

  • Claims arising out of any Contractual Liability.

  • The accidental losses incurred if the vehicle was being used otherwise than in accordance with the law such as speeding, riding someone else’s bike, under the influence of alcohol etc.

  • Any damages caused directly or indirectly by ionizing radiation or contamination by radioactivity from any nuclear fuel or from any nuclear waste.

  • Any accidental loss or damage caused by or contributed due to nuclear weapons.

  • Any accidental loss or damage arising out of or in connection with the Invasion by foreign enemies, hostilities or Warlike operations (whether before or after the declaration of war), Civil War, Mutiny Rebellion, Military or usurped power.

About Hero Bikes

Hero MotoCorp Ltd, well known across the nation as the popular Hero, is undeniably India's largest two-wheeler manufacturer. It was founded in 1984, and was initially a joint venture between Hero Cycles and Japanese two-wheeler giant Honda, when the two partnered up to create the household name Hero Honda. It wasn’t long before Hero catapulted to the top of the market by the early 1990s and became a style symbol among the youth of India. After Honda began its solo operations in India and moved out of the joint venture, Hero Honda was rebranded to Hero MotoCorp.

Highly popular Hero bikes include the Splendor, Passion, CD 100 and HF Dawn, among many more, and it has motorcycles across various segments. The upcoming Hero Bike is the Xpulse ADV, built for speed.  

The price range for Hero bikes begin at Rs. 38,900 for the cheapest Hero model HF Deluxe, and its most expensive model Hero XPulse 200 is priced at Rs. 1.15 lakh. Other popular models include Splendor Plus priced at Rs. 52,800, Passion Pro priced at Rs. 56,600, and Super Splendor priced between Rs. 60,700 and Rs. 70,800.

Most Popular Hero Bike Models

  • Hero Super Splendor

The bike has an engine capacity of 125cc and a torque of 10.35 Nm @ 7000 rpm. It is available at the ex-showroom price between Rs. 60,700 and Rs. 70,800.

Note: Vehicle prices change across states due to taxes.

  • Hero Passion Pro

It has an engine capacity of 97.2cc and a torque of 8.05 Nm @ 5000 rpm. The bike is available in the market at ex-showroom price Rs. 56,600.

Note: Vehicle prices change across states due to taxes.

  • Hero XPulse 200

The bike has an engine capacity of 199.6cc and a torque of 17.1 Nm @ 6500 rpm. The fuel tank is 13L, and there are dual-purpose tyres. Its variants are available at the ex-showroom price between Rs. 98,500 and Rs. 1.06 lakh.

Note: Vehicle prices change across states due to taxes.

  • Hero Xtreme 200R

The engine capacity offered by Xtreme 200R is 199.6cc and has a torque of 17.1 Nm @ 6500 rpm. It has a fuel tank of 12.5L and single-channel ABS. The ex-showroom price of this bike is Rs. 93,400.

Note: Vehicle prices change across states due to taxes.

  • Hero Xtreme 200S

This bike has an engine capacity of 199.6cc, a torque of 17.1 Nm @ 6500 rpm, and 15.3L fuel tank. The ex-showroom price for this bike is Rs. 1 lakh.

Note: Vehicle prices change across states due to taxes.

  • Hero Karizma ZMR

The bike has an engine capacity of 223 cc, a torque of 19.7 Nm @ 6500 rpm, and 12.1L fuel tank. The price of this motorcycle varies from state to state. The ex-showroom price is 1,08,000.

Note: Vehicle prices change across states due to taxes.

  • Hero Pleasure

The bike has an engine capacity of 102 cc, a torque of 8.1 Nm @ 5000 rpm, and 5L fuel tank. The ex-showroom price of this bike ranges between Rs. 45,600 and Rs. 47,600.

Note: Vehicle prices change across states due to taxes.

  • Hero Splendor Plus

The bike has an engine capacity of 97.2 cc, a torque of 8.05 Nm @ 5000 rpm, and 10.5L fuel tank. The ex-showroom price of this bike is between Rs. 52,800 and Rs. 63,110.

Note: Vehicle prices change across states due to taxes.

  • Hero Maestro

The bike has an engine capacity of 110.9 cc, a torque of 8.7 Nm @ 5500 rpm, and 5.5L fuel tank. The ex-showroom price of this bike ranges between Rs. 53,330 and Rs. 53,730.

Note: Vehicle prices change across states due to taxes.

  • Hero Glamour

The bike has an engine capacity of 125 cc, a torque of 10.35 Nm @ 4000 rpm, and 8 L fuel tank. The ex-showroom prices range between Rs. 63,600 and INR 72,400.

Note: Vehicle prices change across states due to taxes.

  • Hero Duet

The bike has an engine capacity of 110.9 cc, a torque of 8.7 Nm @ 5500 rpm, and 5.5 L fuel tank. The ex-showroom price is between Rs. 48,280 and Rs. 52,330.

Note: Vehicle prices change across states due to taxes.

  • Hero Destini 125

The bike has an engine capacity of 124 cc, a torque of 10.2 Nm @ 5000 rpm, and 4.8 L fuel tank. The ex-showroom prices varies between Rs. 56,900 and Rs. 66,800.

Note: Vehicle prices change across states due to taxes.

  • Hero Achiever

The bike has an engine capacity of 149.1 cc, a torque of 12.8 Nm @ 5000 rpm, and 13 L fuel tank. The ex-showroom prices ranges between INR 67,550 and INR 69,550.

Note: Vehicle prices change across states due to taxes.

  • Hero Xtreme Sports

The bike has an engine capacity of 149.2cc, a torque of 13.5 Nm @ 7000 rpm, and 12.1L fuel tank. The ex-showroom price of this bike is Rs. 80,850.

Note: Vehicle prices change across states due to taxes.

  • Hero HF Deluxe

It offers an engine capacity of 97cc and 83-kmpl mileage. The bike has a torque of 8 Nm @ 6500 rpm and 9.5L fuel tank. The ex-showroom price of this bike ranges between Rs. 38,900 and Rs. 50,700.

Note: Vehicle prices change across states due to taxes.

  • Hero Splendor iSmart BS

The bike comes with an engine capacity of 109.15cc and has a torque of 9 Nm @ 7000 rpm. Its variants are available at ex-showroom price between Rs 57,430 and Rs 67,100.

Note: Vehicle prices change across states due to taxes.

  • Hero Passion XPro

This bike offers an engine capacity of 110cc and has a torque of 9 Nm @ 5500 rpm. It comes with an 8.2L fuel tank. The ex-showroom price of this bike is between Rs. 58,200 and Rs. 60,900.

Note: Vehicle prices change across states due to taxes.

  • Hero Passion Pro 110

It comes with an engine capacity of 113.2cc and a torque of 9 Nm @ 5500 rpm. It has 4 speed Constant Mesh and 11L fuel tank. Passion Pro bike variants are available at the ex-showroom price between Rs. 56,100 and Rs. 67,190.

Note: Vehicle prices change across states due to taxes.

  • Hero Glamour i3s

The bike has an engine capacity of 124.7cc and has a torque of 17.1 Nm @ 6500 rpm. It comes with a 12.5L fuel tank and single-channel ABS. Its ex-showroom price is between Rs. 63,600 and Rs. 72,400.

Note: Vehicle prices change across states due to taxes.

Check Out Bike Insurance Plans Available at Finserv MARKETS

Manage all your queries here

  • ✔️How do I decide which insurance company to choose for my Hero bike?

    The make and model of your bike will decide the coverage that you will require along with the amount that you need to pay as premiums. You can ask people with a Hero Insurance and research online to get an overall idea about the different insurance plans available in the market.You will have to put in extra time and effort to compare different insurance plans online based on the coverage and premiums of each policy. After comparison, you can then choose the plan that best suits your bike insurance-related needs.
  • ✔️How can I renew my Hero Insurance online?

    Renewing Hero Insurance online is a hassle-free process. Just follow the steps given below - 1. Visit Finserv MARKETS online 2. Fill in your bike details, existing policy details, and personal information 3. Choose the coverage you need (you can choose the existing one or look for additional covers as well) 4. The renewed policy will be displayed. Go through the terms and conditions carefully before agreeing to it 5. Proceed to make an online payment. 6. Upon successful payment, the renewed policy will be sent to your registered email id in no time
  • ✔️Single-year or Multi-year, what’s better in the case of Hero insurance?

    Multi-year or long-term insurance is always better as you get the policy at a better rate. Here, the policy is valid for 2-3 years. You do not have to worry about renewing it every year. Also, the premiums you pay remain unaffected, even if they change for annual plans.
  • ✔️Am I eligible for NCB on my expired hero insurance policy?

    Yes. You can get No Claim Bonus (NCB) on the expired insurance plan. However, you can renew your plan within 90 days of the expiration date.
  • ✔️How do I get a no-claim bonus on my hero insurance policy at the time of renewal?

    If you have not made a single claim during the policy term, you can avail of the No Claim Bonus (NCB) at the time of renewal. But ensure that you are renewing the policy before its expiration date. During policy renewal, mention your previous NCB and whether you have made any claim in the policy term. You can then avail discounts on your comprehensive hero bike insurance plan as per the NCB grid provided by the IRDA (Insurance Regulatory and Development Authority).

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