Hero Bike Insurance

When purchasing a Hero bike, purchasing a Hero insurance policy along with it is a must. One of the best-selling brands in India in the motorcycle segment, Hero bikes come in various price ranges, starting at Rs.56,070 (Hero HF Deluxe). They also offer premium bikes such as the Hero Xpulse, which starts at Rs.1.30 Lakhs. Based on the Hero model variations, third-party insurance may either start at Rs.714 or Rs.1,366. While having third-party insurance in place is mandatory, you can also additionally opt for a comprehensive policy as well.

Braving the many congested roads, traffic jams and multiple potholes, a two-wheeler is surely the preferred mode of transport for a large majority of Indians. The two-wheeler is not just easy to maintain but proves to be easy on the pocket in the long run. It is their  convenience and affordability that in India there are over 210 million registered two-wheelers. 

Even though Hero bikes are known for their excellent features and sturdiness, the chances of mishaps on Indian roads cannot be ignored. Any unfortunate circumstance may lead to loss or damage to you and your Hero bike. In case of severe damage, you may have to pay anywhere from ₹15,000 to ₹50,000 or more to repair your Hero bike. Hence, it is best to cover your vehicle with a bike insurance plan. 

The comprehensive Hero bike insurance plan covers your bike against accidental damage, theft, or natural/man-made disasters. Additionally, it is compulsory to have a third-party insurance plan to drive legally in India, as per the Motor Vehicles Act, 1988.

There are primarily two types of Hero bike insurance plans that you can choose from:

1. Third-Party Hero Bike Insurance Plan:

This plan is mandatory by law under the Motor Vehicles Act 1988. A third-party bike insurance plan covers only third-party liabilities, which means the coverage is not extended to your Hero bike. As a result, the premium charges are low for third-party plans. If you want extensive coverage for your motorcycle, a comprehensive Hero insurance policy might be a better choice.

2. Comprehensive Hero Bike Insurance Plan:

A comprehensive bike insurance plan for Hero vehicles will cover third-party liability and damage to your motorcycle. This motor insurance plan is usually more expensive than third-party insurance. Further, you can extend the scope of your comprehensive bike insurance policy with add-on benefits. Having comprehensive Hero bike insurance ensures that your two-wheeler is protected against most risks at all times.

Even though Hero bikes are known for their excellent features and sturdiness, the chances of mishaps on Indian roads cannot be ignored. Any unfortunate circumstance may lead to loss or damage to you and your Hero bike. In case of severe damage, you may have to pay anywhere from ₹15,000 to ₹50,000 or more to repair your Hero bike. Hence, it is best to cover your vehicle with a bike insurance plan. 

The comprehensive Hero bike insurance plan covers your bike against accidental damage, theft, or natural/man-made disasters. Additionally, it is compulsory to have a third-party insurance plan to drive legally in India, as per the Motor Vehicles Act, 1988.

In the table below, you can take a look at the insurance price for various popular Hero models:

*The ex-showroom prices are for Delhi and are subject to change based on the city.

**Third-party premium rates are indicative. The premium you may have to pay may change depending on various factors. Please check the prevailing premium rates before purchasing your bike insurance policy.

If you are looking to buy Hero two-wheeler insurance online, you can get one instantly:

• Step 1: Visit the bike insurance calculator page on Bajaj Markets.

• Step 2: Enter your bike registration number, model details, and the required personal information.

• Step 3: Choose a Hero bike insurance plan from the available insurance options on the screen.

• Step 4: Pay the online premiums for your chosen plan.

• Step 5: Your Hero bike insurance plan will be activated shortly, and you will get the details to your registered email address.

To get an idea of the coverage of Hero Bike Insurance Policy, take a look at the table given below for Hero bike insurance check online:

Here are some useful tips you can use to lower the cost of Hero bike insurance premiums:

• Avoid Making Small Claims:

In case of minor damage to your Hero bike, it is best to get it repaired out of pocket. If you claim your Hero bike insurance for every slight damage, your insurance premium rates may increase during renewal.

• Compare Plans Online:

Before buying your Hero bike insurance online, you should check out all the plans available online and choose one that offers the most benefits at the best price to suit your needs.

• Make use of the NCB:

If you have not made any claims during a policy term/year, you can use the No Claim Bonus in two-wheeler insurance to get lower premiums during renewal.

• Choose Add-ons Carefully:

Choosing many add-on covers can quickly increase the cost of your Hero two-wheeler insurance premiums. Consider choosing only the important add-ons and removing unnecessary add-ons from your plan.

If your Hero bike insurance is near expiry and you wish to renew it, you can do so by following the steps given below:

• Step 1: Visit the ‘bike insurance renewal’ page of any insurance provider’s website.

• Step 2: On the insurance renewal page, enter your existing policy details, bike registration, and model information.

• Step 3: Select a Hero bike insurance renewal plan from the renewal plans available on the insurance website.

• Step 4: Pay the online insurance premiums for the renewal plan and submit the required documents.

• Step 5: Your Hero bike insurance will shortly be renewed.

Hero bikes have always been a trusted name in the Indian market. However, even if you drive your Hero bike carefully and take every precaution, you can still get into accidents without any fault. In situations like these, a bike insurance plan can be extremely beneficial and save you a lot of money. Hence, it is best to invest in a comprehensive Hero insurance policy.

If you are planning to buy Hero two-wheeler insurance, check out these bike insurance plans available at Bajaj Markets and choose one that suits your needs.