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 TVS Wego Insurance

TVS Wego, launched in 2010, is a stylish scooter manufactured by TVS Motor Company Ltd. The two-wheeler was discontinued in India in the year 2020 but is still owned by many. With a powerful 109.77cc engine, the TVS Wego price was around ₹57,000. Having valid TVS Wego insurance is important to give financial backing to your scooter in case of incidents like theft, accident or natural calamities. In this article, we will explore the TVS Wego price for insurance, TVS Wego specification, its features, etc.

TVS Wego Variants and Insurance Price

TVS Wego Variants

Ex-Showroom Price*

 

Fuel Type

Estimated Third-party Premium**

TVS Wego Drum Brake

₹50,515 *

Petrol

₹769

TVS Wego Disc Brake

₹53,433 *

Petrol

₹769

 

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

Buy TVS Wego Insurance Quickly With These Steps

Applying for TVS Insurance online is very simple and easy. All you need to do is:

  • Visit Finserv MARKETS online and apply for two-wheeler insurance

  • Enter your bike registration details and mobile number. If you do not have the registration number yet, enter the RTO location, bike model, manufacturing year, and vehicle registration date

  • You will receive the policy quote stating the policy details and premiums

  • If you agree with the indicated quote, move ahead to make an online payment

  • Upon successful payment, you will receive a copy of the bike insurance at your registered email address

How to Renew Your TVS Wego Bike Insurance Easily?

Step 1: Provide your bike registration number and contact details.

 

Step 2: Enter your previous policy details.

 

Step 3: Check the quote of your bike insurance renewal premium.

 

Step 4: Make the online payment.

 

Step 5: Download the copy of the policy document.

 

Read About: Bike Insurance Renewal

Why Insure Your TVS Wego?

The TVS Wego is designed to provide top-notch performance with due maintenance and care. But due to the ever-increasing road mishaps, especially in India, it is beneficial to protect your scooty financially with proper bike insurance. For instance, the TVS Wego repair and replacement cost of parts can be anywhere between ₹10,000-₹20,000 and sometimes even exceed that. With TVS Wego bike insurance, you will be covered against these expenses. Hence, when you purchase a TVS Wego, make sure that you opt for comprehensive coverage.

Types of TVS Wego Bike Insurance

There are two types of TVS Wego insurance.

1. Third-Party TVS Wego Insurance

A basic third-party bike insurance covers the third party involved in an accident. It does not give any coverage to you (the rider) and your TVS Wego as it only covers the third party. All vehicle owners are required to have third-party insurance for their vehicles by law. However, third-party insurance may not be enough for your TVS Wego.

2. Comprehensive TVS Wego Insurance

A comprehensive bike insurance plan gives extensive coverage. It gives third-party cover as well as any damages to your vehicle along with the medical costs of accident-related hospitalisations are also covered. As a result, your TVS Wego insurance price for a comprehensive plan is also a bit on the higher side in comparison to a third-party plan. However, the money spent on a comprehensive policy is totally worth it as you can enjoy all-around insurance protection.

What is Covered Under TVS Wego Insurance

Third-party insurance consists of third-party liabilities like his/her property, bodily injuries, and the death of the victim. In comprehensive cover, own damage, third-party damage, theft, natural calamities, and man-made disasters are covered.

What is Not Covered Under TVS Wego Insurance?

Your TVS Wego insurance will not give coverage to any damage incurred due to the influence of intoxicants or speeding, damage/loss incurred outside the stated locations, damage due to nuclear waste, damage due to war-like situations or foreign invasions, etc.

Read About: Bike Insurance Coverage

Add On Covers to Make The Most of your TVS Wego Insurance

Select the below-mentioned add-on covers for your TVS Wego insurance to give more safety to your bike.

  • Zero Depreciation Cover

This cover protects your bike’s depreciation value and you can make a claim equivalent to the brand new cost of it.

  • Roadside Assistance Cover

You can get on spot assistance in case you are stranded mid-journey ensuring help is just around the corner by opting for this add on.

  • Personal Accident Cover

The treatment costs for you or the pillion rider will be covered if you get injured during any unfortunate road accident.

  • Return to Invoice

With this cover, you get the full market value of your TVS Wego as a refund in case of any unforeseen incident like theft, based on the information on your purchase invoice.

Claim Process of your TVS Wego Insurance

The documents given below are required to file a claim for your TVS Wego insurance.

 

  • TVS Wego bike insurance policy document

  • Bike details

  • Insurer details

  • Details of the Incident

  • FIR copy, in case of theft/vandalism

  • Original bills and receipts of the vehicle repair

You can make a bike claim in two different ways.

1. Cashless Claims

The bill for any repair or replacement will be directly settled with the network garage by the insurer in cashless claims.

2. Reimbursement Claims

You will first have to pay for the damage or replacement cost at the garage where you have got your bike fixed and the insurer will later reimburse that amount to you.

Read About: Bike Insurance Claim Process

How to Reduce the TVS Wego Insurance Price?

To reduce the premium price of your TVS Wego insurance, you should follow the following tips.

  • Compare Quotes

Always research well and compare quotes offered by different insurers to know which ones are the lowest and best suited for your needs.

  • Avoid Small Claims

If you file claims for small covers as part of your insurance plan, it can increase the premium price of your insurance. You should take care of such small expenses out of your own pocket.

  • No Claim Bonus

By not making any claim throughout the policy year, you can get an NCB reward and as a result, the renewal price of your insurance premium will be lowered.

  • Long Term Bike Insurance Policy

You can opt for the long term bike insurance policy to lower your premiums. This plan comes with a longer tenor so the premium price is on the lower side. You are also relieved of the yearly renewals.

How to Maintain Your TVS Wego

  • Regular Servicing

Always follow the TVS Wego service schedule and get the servicing done regularly to get your bike running smoothly.

  • Tyre Pressure

The tyres are important while riding your TVS Wego and to avoid any problems, keep a tab on the tyre pressure.

  • Do Not Overload

While riding your TVS Wego, overloading can create problems for the engine and tyre and thus you should avoid doing so.

  • Engine Maintenance

The engine is one of the integral parts of any vehicle that keeps it running. Check for engine oil and monitor it regularly to maintain your bike.

TVS Wego Maintenance Cost in India

The TVS Wego maintenance cost in India is estimated to be around ₹4,100 for two years. The first five services for the vehicle are free. Let’s have a look at the TVS Wego service schedule and its cost.

Service Instance

Kilometres/Months

Free or Paid

Maintenance Cost of TVS Wego

First

500/1

Free

 ₹350

Second

2500/3

Free

 ₹350

Third

5000/6

Free

 ₹350

Fourth

8500/9

Free

 ₹350

Fifth

11500/12

Paid

 ₹1,110

Sixth

14500/15

Paid

 ₹800

Seventh

17500/18

Paid

 ₹800


*All prices mentioned on this page are indicative. The actual premium that you may have to pay may change depending on various factors. Please check the prevailing premium rates before purchasing your bike insurance policy.

About TVS Wego

TVS Wego has a unisex styling and hence caters to the younger generation as well as the slightly older generation as well. It comes with a fully digital speedometer, a pilot lamp in turn indicators, and black alloy wheels. The newer upgrade of the bike has a high-style quotient. As the bike has been discontinued, the TVS Wego on road price is not available. The scooter was available in eight colours – Midnight Black, Deep Sky Blue, Mercury Grey, Orange Black, Metallic Orange, Volcano Red, Sporty White Dual Tone Blue, and Dual Tone White.

TVS Wego Specifications

TVS Wego Specifications

Details

TVS Wego Mileage (ARAI)

1198cc

Engine Displacement

Petrol

Type of Engine

19.34 kmpl

Total Cylinders

3

Maximum Power

75.94bhp@6000rpm

Maximum Torque

8.4 Nm @ 5500 rpm

Front Brake

Disc

Rear Brake

Drum

TVS Wego Fuel Tank Capacity

5 L

Note: The actual specifications may vary depending on the variant.

TVS Wego Features

  • LED tail light

  • Digital odometer

  • Fuel gauge

  • Charging point

  • Digital speedometer

  • Digital tripmeter

Conclusion

TVS Wego is high on style, safety and performance, but it is still prone to unfortunate incidents like an accident, theft or natural calamities. To make sure you do not face a huge financial loss and your bike is covered, you should get a TVS Wego two-wheeler insurance. It will provide extensive coverage and give financial support in times like these. You can get your hands on the best suited TVS Wego insurance plan by going to the official website of Finserv MARKETS. Don’t put your plans to wait and get your TVS Wego insured on Finserv MARKETS now.

Check Out Bike Insurance Plans Available at Bajaj MARKETS

FAQs on TVS Wego Insurance

  • ✔️Does TVS Wego come with disc brakes?

    Yes, there is a variant of TVS Wego with disc brakes.

  • ✔️What was the TVS Wego price before?

    The last known TVS Wego price (ex-showroom) was ₹56,713 - ₹57,613.

  • ✔️What is the TVS Wego fuel tank capacity?

    The TVS Wego fuel tank capacity is 5 litres.

  • ✔️Is higher IDV for TVS Wego a better option?

    Yes, having a higher IDV, i.e. insured declared value is a better idea but the premiums will also be a bit higher as a result.

  • ✔️Do I need to have TVS Wego insurance?

    Having valid TVS Wego two-wheeler insurance is mandatory to drive legally on Indian roads.

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