Royal Enfield Classic 350 Insurance in India - Cost & Specifications

Built by one of the most trusted and sought-after motorcycle manufacturers, the Royal Enfield Classic 350 is all class. Powered with a 349cc engine, the Royal Enfield Classic 350 ex-showroom price starts at ₹1.87 Lakh. While you consider purchasing the Classic 350, do not forget about bike insurance. Getting a Royal Enfield Classic 350 insurance plan should be your topmost priority after purchasing the motorcycle. The best insurance plans will offer you full coverage at a reasonable premium, along with the option of add-ons and exemplary customer service. There are a number of two-wheeler insurance plans in the market to choose from. Before we get into the nitty-gritties of Royal Enfield Classic 350 insurance, let’s take a look at the motorcycle's variants and RE Classic 350 insurance cost.

Royal Enfield Classic 350 Variants

The price of the different variants of the Royal Enfield Classic 350 is also different. You can find the ex-showroom price of the Royal Enfield Classic 350 in this table. You can also check out the Royal Enfield Classic 350 insurance price in India.

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

 

**Third-party premium rates are indicative. The actual Royal Enfield Classic 350 insurance price that you may have to pay may change depending on various factors. Please check the prevailing premium rates before purchasing your bike insurance policy.

How to Buy Royal Enfield Classic 350 Insurance

Buying bike insurance online at the Bajaj Markets is an easy and quick process. The steps are:

Step 1: Visit the Bajaj Markets website and navigate to the ‘Bike Insurance Calculator’.

Step 2: Provide your personal information and details of your bike.

Step 3: Fill the insurance application form.

Step 4: Choose the bike insurance plan, don’t forget to include the relevant add-ons.

Step 5: Make the premium payment.

Step 6: Your application will go through a verification and approval process, and upon successful completion of the checks your policy documents will be sent to you.

Read More About: Royal Enfield Insurance

How to Renew Royal Enfield Classic 350 Insurance

To renew your Royal Enfield Classic 350 insurance, you can follow the steps mentioned below:

Step 1: Visit the insurer’s website and navigate to the renewal section.

Step 2: Enter your existing bike insurance policy number, your mobile number, and your bike registration number.

Step 3: Check your Royal Enfield Classic 350 insurance details.

Step 4: Check the bike insurance renewal premium and complete the payment online.

Step 5: Your bike insurance policy is renewed once you complete the payment.

Read More About: Bike Insurance Renewal

Why do you Need Royal Enfield Classic 350 Insurance?

Royal Enfield is known for manufacturing sturdy bikes. Even a small damage to your Classic 350 can cost you a lot! For instance, just replacing the alloy wheels of the Royal Enfield Classic 350 can cost you up to ₹12,000. Hence, you must cover your precious bike with the right insurance policy to stay financially protected during an unfortunate event like an accident.

Types of Royal Enfield Classic 350 Insurance Plans

The two main types of insurance plans that you will come across are third-party and comprehensive insurance plans. They come with different features, applicability, and associated costs.

• Third-Party Bike Insurance:

If you are looking to get insurance to comply with the law of the land, then a third-party bike insurance will serve the purpose. It is the least expensive and helps you meet the legal and financial obligations in case of damages caused to another person or their vehicle. No protection is provided for your own vehicle and any damages caused to it.

• Comprehensive Bike Insurance:

This type of insurance has all the features and coverage offered by a third-party insurance and additional protection for personal injury as well as damages to your bike. Moreover, there are several add-ons that can be chosen from an ala carte list to complement your base coverage. We shall examine them in greater detail in the coming sections.

What is Covered Under Royal Enfield Classic 350 Insurance

A third-party bike insurance will only cover the legal and financial obligations towards a third party that are caused due to your insured bike. The standard inclusions in a comprehensive plan are third-party damages, damages to your own vehicle due to an accident, theft of the bike, damages due to man-made disasters and acts of violence, etc.

What is Not Covered Under Royal Enfield Classic 350 Insurance

The standard exclusions of a base insurance plan are damage caused to your bike while driving under the influence of alcohol or other intoxicants, loss or damage incurred while driving without a valid driver's licence, regular wear and tear of your car, etc.

Read More About: Inclusions & Exclusions of Bike Insurance Cover

Add-On Covers for Your Royal Enfield Classic 350 Insurance

The typical add-ons you can use to enhance the coverage of your bike insurance policy are:

• Accessories Cover:

If you have spent money on customising your Royal Enfield Classic 350, it makes sense to protect them from any damages. The standard insurance plan will not cover these items. Hence, you need to boost your coverage using an accessories cover.

• Engine Cover:

This add-on would cover all the expenses incurred due to an engine failure or a full-scale engine breakdown.

• No Claim Bonus:

This is a bonus provided by the insurer in case you do not file any claim requests in the policy year, thereby effectively reducing your annual premium cost.

CLaiming Your Royal Enfield Classic 350 Insurance

Before you file a claim for your bike insurance, you must know about the documents required to file a claim. These documents are:

• FIR copy in case of loss/theft.

• Bills of repairs in case of damages.

• Bills of medical treatments in case of physical injury.

• Bike registration certificate copy.

• Driver’s licence copy.

Now that you know about the documents required, let us take a look at the two types of bike insurance claims:

• Cashless Claim for Bike Insurance:

  To file a cashless claim, you will need to take your damaged bike to a network garage that is associated with your insurer. Once you get your Classic 350 repaired at the network garage, your insurance provider will settle the bill for these repairs directly with the garage.

• Reimbursement Claim for Bike Insurance:

  In case of a reimbursement claim, you have the choice to get your damaged Royal Enfield Classic 350 repaired at any garage. However, you will have to pay the garage for these repairs out of your own pocket first and then file a reimbursement for the same against your bike insurance. The insurer will transfer the settlement amount to your bank account after verifying all the necessary claim documents.

Read More About: Bike Insurance Claim Process

Tips to Reduce the Royal Enfield Classic 350 Insurance Premiums

Here are some easy tips to reduce the insurance premiums for your Royal Enfield Classic 350:

• Maintain Your Classic 350

Your bike’s condition is an important factor while determining the insurance premium. So, get your Royal Enfield Classic 350 serviced regularly and maintain it in good shape.

• Do Not Buy Unnecessary Add-On Covers

Purchasing too many add-on covers with your base insurance plan can increase the bike insurance premium significantly. Only opt for add-on covers that are necessary for your bike.

• Avoid Claims for Inexpensive Repairs

You can retain your No Claim Bonus (NCB) reward by avoiding filing claims for minor and inexpensive repairs.

• Compare Premiums Online

Remember to compare the two-wheeler insurance premiums offered by various insurers and buy a plan that suits your needs.

Tips to Maintain Your Royal Enfield Classic 350

Here are some easy but important tips to maintain your Royal Enfield Classic 350:

• Check Tyre Pressure

Get the tyre pressure checked and regulated once a week.

• Lube the Bike’s Chain Regularly

Clean the chain every 400 km or so and spray it with a good lube spray.

• Inspect the Bike Engine

Regularly check the bike’s engine and ride it at a steady speed to ensure optimal performance of the engine.

Royal Enfield Classic 350 Maintenance Cost

The estimated maintenance cost for Royal Enfield Classic 350 for three years ranges up to ₹12,716. The first three servicing of the Classic 350 are free of cost. Here is the Royal Enfield Classic 350 service schedule: 

About Royal Enfield Classic 350

Launched in 2021, the Royal Enfield Classic 350 is an improvement on the UCE Classic 350. It has been equipped with a 349cc engine and stands head and shoulders above the previous models. The motorcycle has been optimised with top technical specifications and features, offering a truly enjoyable riding experience.

Royal Enfield Classic 350 Specifications

A crowd-pleaser, this motorcycle comes with a number of relevant technical specifications that are geared towards making your riding experience smooth sailing.

Royal Enfield Classic 350 Features 

While the above technical specifications will ensure good performance, there are several other things to look for in a bike. Here are some of the features of the Royal Enfield Classic 350:

• A digital odometer and trip metre.

• Daytime running lights, a USB charging port and automatic headlights on.

• Console with indicators for fuel, oil and battery levels, along with a digital fuel gauge.

• Navigation compatible with a smartphone.

Royal Enfield Classic 350 On-Road Price Across Major Cities

The on-road price of the motorcycle varies across the different cities of India and is subject to the various local taxes and registration fees. Here’s an approximation of the Royal Enfield Classic on-road price across different cities in India.

Conclusion

Evidently, the Royal Enfield Classic 350 is a great motorcycle with a number of attractive features and specs. It brings with itself years of trust and brand value, aside from performance. Secure your motorcycle with a Royal Enfield Classic 350 insurance plan today to stay financially protected during any unforeseen events like theft, accident, etc. With an online application process as easy as Bajaj Markets, buying bike insurance is now a piece of cake.