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✓No Inspection Policy Issuance ✓24x7 Assistance ✓Quick Claim Processing | Buy a Acko or Bajaj Allianz Bike Insurance Plan Starting at ₹457/year*

Suzuki Two Wheeler Insurance

Suzuki is a Japanese automobile company, known for its top-notch two-wheelers. The stylish machines designed with the latest technology have made Suzuki a popular name among motorbike owners in India. With an ex-showroom price of ₹76,800 in Delhi, the Suzuki bike prices go up to ₹16.4 Lakhs. When you buy a new Suzuki bike, you will also need a mandatory third-party insurance plan to go along with it. However, only a comprehensive bike insurance plan can keep your precious Suzuki bike covered financially. This is why a comprehensive Suzuki bike insurance plan is a must! Here, we’ll take a look at the various Suzuki bike insurance options and the buying process.

Suzuki Bike Insurance Price for Popular Models

In the table given below, you can take a look at the Suzuki bike insurance premium for the most popular Suzuki models:

 

Suzuki Bike Models

Ex-Showroom Price*

Fuel Type

Estimated Third-Party Premium Rates~

FY 2022-23

(w.e.f. 1st June 2022)

 

Suzuki V-Strom SX

₹2.11 Lakhs

Petrol

₹1,366

Suzuki Gixxer SF 250

₹1.90 Lakhs

Petrol

₹1,366

Suzuki Gixxer 250

₹1.79 Lakhs

Petrol

₹1,366

Suzuki Gixxer SF

₹1.35 Lakhs

Petrol

₹1,366

Suzuki Gixxer

₹1.33 Lakhs

Petrol

₹1,366

Suzuki Intruder

₹1.27 Lakhs

Petrol

₹1,366

Suzuki Hayabusa

₹16.4 Lakhs

Petrol

₹2,804

Suzuki V-Strom 650 XT

₹8.84 Lakhs

Petrol

₹2,804

Suzuki Access 125

₹76,800

Petrol

₹714

Suzuki Burgman Street

₹87,900

Petrol

₹714

Suzuki Avenis

₹86,500

Petrol

₹714

 

Disclaimer: *The Suzuki bike ex-showroom prices are for Delhi and are subject to change on the basis of the city.

~Third-party premium rates are indicative. The actual Suzuki bike insurance premium that you may have to pay may change depending on numerous aspects. Please check the prevailing premium rates before purchasing your bike insurance policy.

 

How to Purchase Suzuki Bike Insurance Online

If you wish to purchase Suzuki bike insurance online, you can get it easily by following the given steps:

 

Step 1: Go to the ‘bike insurance premium calculator’ page on Bajaj MARKETS.

Step 2: Enter your Suzuki vehicle registration details and your contact number on the form.

Step 4: Choose a Suzuki bike insurance plan from the available options on the site.

Step 5: Pay the online bike insurance premiums through digital payments.

Step 6: Your bike insurance policy will be issued soon!

 

How to Renew Suzuki Bike Insurance

Continue protecting your prized possession by opting for Suzuki two wheeler-insurance renewal:

 

Step 1: Go to the ‘bike insurance renewal’ page on any insurance provider’s website.

Step 2: Enter your previous policy details.

Step 3: Enter your personal and bike-related details.

Step 4: Check your insurance renewal premium.

Step 5: Make an instant payment online.

Step 6: Your bike insurance will be renewed shortly.

 

Read More: Bike Insurance Renewal

Why Should You Insure Your Suzuki Bike?

Can you imagine your Suzuki motorbike incurring damage that is beyond repair? Such an unfortunate incident can result in high out-of-pocket expenses to replace your old bike in the absence of insurance. Purchasing a new Suzuki motorcycle can easily cost you over ₹1 lakh when you could have opted for comprehensive insurance that secures various perils. Right from theft and total damage to natural calamities and third-party liabilities, Suzuki motorcycle insurance is an all-round coverage against risks!

 

Third-Party or Comprehensive Bike Insurance: Which one Should you get?

 

Third-Party Bike Insurance

Third-party bike insurance is mandatory by law under the Motor Vehicles Act, 1988. These plans are known to cover third-party liabilities only, which means that the coverage is not extended to you or your Suzuki bike. Hence, the premium charges are easy on the pocket.

 

Comprehensive Bike Insurance

A comprehensive bike insurance plan will cover third-party liability as well as damage to your own motorcycle. A comprehensive motor insurance plan has a relatively higher premium as compared to third-party bike insurance. You can even extend the scope of your comprehensive bike insurance policy with add-on benefits. Having comprehensive Suzuki motorbike insurance ensures that your two-wheeler is protected against any unfortunate event at all times.

 

Read More: Benefits of Comprehensive Bike Insurance

What’s Covered Under Bike Insurance?

Third-party bike insurance covers third-party, bodily injuries, death of the victim, etc. Furthermore, comprehensive insurance includes natural and man-made calamities, own damage, theft, fire, explosion, third-party liabilities, etc.

What’s Not Covered Under Bike Insurance?

The comprehensive Suzuki motorcycle insurance doesn’t cover damage caused outside the designated geographical area, claims arising out of any contractual liability, mechanical or electrical breakdown, etc.

 

Read About: Bike Insurance Coverage

 

Must-Have Add-On Covers for Your Suzuki Bike

Suzuki motorcycle insurance plans available on Bajaj MARKETS come with lucrative add-on covers that you can avail at affordable rates!

 

  • Zero Depreciation Cover

Zero depreciation cover will not consider the depreciation rate of your Suzuki bike while paying out your insurance claim, thus, lowering your out-of-pocket expenses.

 

  • Roadside Assistance Cover

With the 24x7 roadside assistance cover, you can avail services such as engine battery jump, towing facility, fuel delivery, etc. and get help during emergencies!

 

  • Personal Accident Cover

The personal accident add-on cover financially secures you and/or the pillion rider against any accidental injury sustained during a mishap.

 

  • Return to Invoice

Get the complete value of your two-wheeler in case of complete damage or theft with such a cover! This sum is the same as that mentioned on your vehicle's purchase invoice.

 

How to File a Claim Under Your Suzuki Bike Insurance

Here are some important documents that you need for claiming your Suzuki insurance:

 

  • Suzuki two-wheeler insurance policy document

  • Suzuki bike details

  • Insurer details

  • Details of the Incident

  • Original bills and receipts of the vehicle repair

  • FIR copy, in case of theft/vandalism

 

There are two types of Suzuki bike insurance claims:

 

Cashless Claim Under Bike Insurance

Register the claim and inform the insurer. You may do so by calling their toll-free number or visiting their website. Due to the cashless claim facility under Suzuki motorbike insurance, you can get the damages on your bike repaired at a nearby network garage. Your insurance provider will pay the garage for repair expenses.

Reimbursement Claim Under Bike Insurance

Here, you can get your Suzuki bike fixed at a preferred garage, cover the expenses, and raise a reimbursement claim against your policy. Once your claim is approved, the reimbursement amount is transferred over to you.

 

Read About: Bike Insurance Claim Process

 

How to Lower Your Suzuki Bike Insurance Premiums

Make sure to follow these insider tips to enjoy reduced Suzuki bike insurance premium prices!

 

  • Compare Quotes Online

Comparing is the best way to get your hands on a suitable insurance plan with a cost-effective premium. Hence, you don’t have to compromise on the coverage!

 

  • Cover Smaller Claims

To maintain a claim-free policy year, you can try to cover inexpensive insurance claims that are affordable.

 

  • Maintain Your Two-Wheeler

Another trick to keep your Suzuki bike as good as new and incur fewer troubles is to follow the scheduled servicing. Due to this, your vehicle won’t experience any issues, helping you keep the claims lower.

 

  • Make Use of the NCB

Become eligible for the No Claim Bonus by filing zero claims throughout the policy period. Such a bonus will lower your Suzuki bike insurance renewal premium price!

 

Final Thoughts

The last thing you would want to experience is unforeseen damage caused to your precious motorcycle due to an accident! Such unpredictable situations stress the importance of comprehensive insurance coverage. Even though certain Suzuki bike models or variants have been discontinued, you can still opt for bike insurance for your existing vehicle, with Bajaj MARKETS. Avail simpler Suzuki bike insurance renewals, benefit of cost-effective premium, speedy claim settlement and more!

Check Out Bike Insurance Plans Available at Bajaj MARKETS

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HDFC ERGO Bike Insurance

 

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FAQs on Suzuki Bike Insurance

✔️What is the fine for driving without a valid bike insurance policy?

The penalty for driving your Suzuki motorcycle without a valid bike insurance policy is ₹2,000 and/or imprisonment for up to three months for the first offence. For subsequent offences, the penalty is ₹4,000 and/or imprisonment for up to three months.

✔️What is IDV in bike insurance?

Insured Declared Value or IDV is the highest sum that your insurance policy shall payout in the event of total loss or theft.

✔️Can I buy Suzuki bike insurance online?

Yes, you can buy Suzuki bike insurance online on Bajaj MARKETS and other websites. 

✔️How can I check the Suzuki bike insurance cost?

You can check the Suzuki bike insurance price using the 'bike insurance premiums calculator'. 

✔️What is the ex-showroom Suzuki bike price for Suzuki Gixxer 250?

The ex-showroom Suzuki bike price in Delhi for Suzuki Gixxer 250 is ₹1.79 Lakhs.