About Piaggio

Piaggio is a noted Italian manufacturer of motor vehicles. The Company sells its vehicles across the globe under brands such as Scarabeo, Piaggio,  GileraVespaApriliaGuzzi, Moto and Derbi. The Company has its corporate headquarters in Pontedera, Italy and extends its service in over 50 countries across the globe.

The brand entered India in 1999 with the launch of Ape, and since then has dominated the ‘three-wheeler goods transporter scene’ in the country. However, over the years, the brand has also ventured into two-wheeler manufacturing, Vespa being one of its most successful brands. The Indian subsidiary of Piaggio Group has its headquarters at Pune, Maharashtra.

Most Popular Piaggio Two Wheeler Models

  • Piaggio Vespa LX: A two-wheeler with a 125cc engine and automatic transmission. Vespa LX 125 is available in four funky colours: Nero matt black, Giallo yellow, Rosso dragon red, and Monte Bianco white. The basic price starts at INR. 70,273.
  • Piaggio Vespa VX: A two-wheeler with 125cc engine and a mileage of 47.6 kmpl. Vespa VX is available in seven different colours, including Midnight Blue, Vibrante Rosa, and Rosso Dragon. Its basic price starts at INR.72, 303.
  • Piaggio Vespa S: A two-wheeler with 125cc engine and a maximum torque of 10.6 Nm @ 6000 rpm. Piaggio Vespa S is designed keeping the retro Italian heritage in mind, with features such as square headlights and aggressive mudguard on the front suspensions.
  • Vespa UC 125: A two-wheeler with 125 cc engine and a maximum torque of 9.9 @ 6000 rpm. Vespa UC 125 is available in four different colours: Glossy Red, Maze Grey, Glossy Yellow, and Azurro Provenza.

Why Insure Your Piaggio Bike?

No matter how much care you take of your Piaggio bike by adhering to road-safety norms, there is no predicting the instance of any untoward malicious act towards your bike such as theft or damage by a third party; or avoidance of any damage caused by natural calamity or unfortunate road accidents. In case of such unforeseen events, the recovery cost of your vehicle or the damaged caused to it could incur significant expenses. To avoid these expenses from becoming a burden, it is important that you have your Piaggio Bike insured. You can visit Finserv MARKETS to check out the Bajaj Bike Insurance Plan for insuring your Piaggio bike.

Inclusions in Piaggio Two Wheeler Insurance Policy

The two-wheeler insurance policy for Piaggio Bike Insurance includes coverage for:

  • Any loss or damage caused because of malicious intent (theft, vandalism, burglary, communal riots, etc.)
  • Any loss or damage caused due to natural disasters (hurricanes, typhoons, floods, cyclones, lightning strike, earthquake, etc.)
  • Medical expense coverage for riders as well as the person riding pillion
  • Any replacement cost for two-wheeler components

Exclusions in Piaggio Two Wheeler Insurance Policy

The Bajaj two-wheeler insurance policy for your Piaggio Bike available on Finserv MARKETS excludes coverage for:

  • Any loss or damage caused to the two-wheeler due to natural wearing over time
  • Any loss or damage caused to the two-wheeler when driving without a valid license
  • Any loss or damage caused to the two-wheeler when the rider is under the influence of alcohol, drugs, or any intoxicants

Third-party related damage when-

  • The rider is under an influence of intoxicants (drugs, alcohols, etc.)
  • The two-wheeler insurance policy is not active/ lapsed
  • Damages caused due to electrical/mechanical breakdown, theft, sabotage, etc.
  • Any incident of civil disturbance, natural calamities, normal wear and tear, etc.

Why Choose Finserv MARKETS for Piaggio Bike Insurance

You can avail the following benefits by applying for a Piaggio Bike Insurance Policy at Finserv MARKETS:

  • Online Application/ Renewal: At Finserv MARKETS, you can apply for two-wheeler insurance online without any hassle. The online application/renewal process makes it easy to browse through a range of two-wheeler insurance policies available at Finserv MARKETS and choose a coverage that best suits your financial needs.
  • 24x7 assistance: Finserv MARKETS provides round the clock service. You can reach our customer care executives for assistance at any hour of the day by calling on our toll-free number.
  • Extension on your two-wheeler insurance: Finserv MARKETS provides the benefit of extending your insurance policy by 3 years. You can apply for policy extension online. At the time of your policy renewal, you can choose to either extend insurance coverage or choose the same tenure as your origin7al two-wheeler insurance policy.
  • Cash free servicing at garages: By applying for two-wheeler insurance at Finserv MARKETS, you get access to cash-free servicing in more than 4000 garages across India. Even if the nearest garage is not covered in this plan, Finserv Markets provide 75% on account payment.
  • Third Party liability cover: Under the Motor Vehicle Act, having a third-party liability cover is compulsory for anyone owning a two-wheeler. Finserv MARKETS provides third-party liabilities coverage for:

1. Injury/death of third-party

2. Any damage caused to third-party

3. Any liability in case of damage caused to the third party or if any injury stated is unlimited.

How to Apply For Piaggio Bike Insurance

You can apply for your two-wheeler insurance with these easy steps:

Step 1:  Choose your bike insurance coverage at Finserv MARKETS

Step 2: Fill the Piaggio Bike Insurance form online by submitting your vehicle details  (price, model, the year in which it was bought, etc.)

Step 3: Get your Piaggio bike details assessed by the Insurer

Step 4: Complete the payment process

Step 5: Your policy is issued

Claim Process for Piaggio Bike Insurance

You can instantly file an online claim on your Piaggio Bike Insurance at Finserv MARKETS.

The claim process can be initiated through the following steps:

Step 1: Register your claim online at Finserv MARKETS as soon as you discover any damage or theft/loss to your bike

Step 2: Upload your insurance documents, along with proof of damage or a copy of police complaint about the two-wheeler theft.

Step 3: Your claim would go for assessment to the Insurer

Step 4: Check your claim status.

For round-the-clock assistance on your Two-Wheeler Insurance claim, you can also call on the Toll-Free Number-1800-209-5858 to connect with the Bajaj Allianz customer care executive.

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