Royal Enfield Meteor 350 Bike Insurance in India - Cost & Specifications

The Meteor 350 is a thoroughbred cruiser from the Royal Enfield stable. It is the spiritual successor to the erstwhile Thunderbird range of motorcycles manufactured by the bike maker. Packed with an air-cooled 349cc engine, the Royal Enfield Meteor 350 ex-showroom price starts at ₹2.01 lakh.

 

If you’ve just purchased this vehicle, or if you are planning to purchase this bike in the near future, remember that it is important to secure your vehicle with a good two-wheeler insurance plan right away. This takes care of any unexpected repairs or any major overhauls that your bike may need. Check out all the details of the Royal Enfield Meteor 350 variants and the Royal Enfield Meteor 350 insurance price in India below.

Royal Enfield Meteor 350 Variants

*The Royal Enfield Meteor 350 ex-showroom prices are for Delhi and are subject to change based on the city.

**Third-party premium rates are indicative. The actual premium for Royal Enfield Meteor 350 insurance may change depending on various factors.

How to Buy Royal Enfield Meteor 350 Insurance Online

If you are looking for a simple and convenient way to purchase a two-wheeler insurance plan for your Royal Enfield Meteor 350, look no further than Bajaj Markets. Here is how you can buy bike insurance online on Bajaj Markets:

 

1. To begin with, submit details like your mobile number and your vehicle’s registration number.

2. Then, complete the application form with other details needed.

3. You can then choose the two-wheeler insurance plan you wish to purchase.

4. Make the premium payment online accordingly.

5. You will then receive your Royal Enfield Meteor 350 insurance policy shortly.

How to Renew Royal Enfield Meteor 350 Insurance

To ensure that your two-wheeler continues to be protected, it is essential to renew your insurance policy as and when required. Here is how you can do this:

1. Head to Bajaj Markets online and enter the details of your old Royal Enfield Meteor 350 insurance policy.

2. You need to then provide other personal and vehicle-related details.

3. Next, you will be shown the renewal premium. It may be the same as the old premium, or it may be updated.

4. Make the payment online.

5. Done! Your insurance policy is renewed.

 

Read More About: Bike Insurance Renewal

Why You Need Royal Enfield Meteor 350 Insurance

Though the Royal Enfield Meteor 350 is packed with multiple safety features, as a rider, you are always exposed to the perils of the road. Damages caused during any unfortunate events like accidents can burn a hole in your pocket. For instance, just replacing the windscreen of your Royal Enfield Meteor 350 may cost you more than ₹3,000. Multiple damages can cost much more. Hence, you must secure your prized possession with the right Royal Enfield Meteor 350 insurance to take care of any unexpected repairs or damages. Moreover, the Motor Vehicles Act, 2019 makes it mandatory for all bike owners to insure their bikes with at least a third-party insurance cover.

Types of Royal Enfield Meteor 350 Insurance Plans 

Let’s delve a little deeper and understand the two types of Royal Enfield Meteor 350 insurance plans:

• Third-Party Bike Insurance

  Third-party bike insurance plans are the most basic insurance plans available for two-wheelers. They provide protection from third-party damages and liabilities. So, if your motorcycle gets into an accident and ends up damaging a third party or their property, this insurance plan will cover the expenses incurred for compensating for the damage. 

• Comprehensive Bike Insurance

  Comprehensive insurance plans offer an extra layer of protection over and above a third-party insurance plan. In addition to covering third party liabilities, such an insurance plan also covers any damages that occur to your motorcycle as a result of an accident, a mishap, or a calamity. 

What is Covered Under Royal Enfield Meteor 350 Insurance

As discussed in the previous section, a third-party insurance only covers the damages and/or injuries caused to a third party by your two-wheeler. On the other hand, a comprehensive bike insurance covers damages to your bike from both natural and man-made calamities, third party damages and liabilities arising due to your motorcycle, repairs and replacements of parts of your damaged motorcycle, expenses incurred towards the treatment of injuries to you and other riders during an accident, etc.

What is Not Covered Under Royal Enfield Meteor 350 Insurance

Some of the instances where a typical two-wheeler insurance plan doesn’t offer protection are regular wear and tear of your motorcycle and its parts, mechanical or electrical breakdowns, damages arising due to driving under the influence of alcohol and other intoxicants, damages or losses arising due to driving without a valid driving licence, etc.

 

Read More About: Inclusions & Exclusions of Bike Insurance Cover

Add-On Covers for Your Royal Enfield Meteor 350 Insurance

You can enhance your bike insurance coverage by opting for add-ons for a nominal additional premium. Some of the add-ons available for your Royal Enfield Meteor 350 insurance are:

• Return to Invoice

  With the return to invoice add-on, you can get the entire value of your vehicle back as mentioned in the purchase invoice if your motorcycle is declared as a total loss or stolen.

• Zero Depreciation Cover 

  Zero Depreciation for bike insurance reduces the value of the motorcycle as it ages. This can negatively affect the claim amount. A zero-depreciation add-on, however, can ensure that you get the entire claim amount in full without any reductions due to depreciation. 

• Round-the-Clock Spot Assistance

  Worried about getting stranded in the middle of a trip? This add-on can help provide timely bike roadside assistance to get you back up on the road irrespective of the time and location. 

• Personal Accident Cover

  If you and your pillion rider get injured after getting involved in an accident while riding your motorcycle, the cost of treating those injuries will be taken care of by this add-on cover.

Filing a Claim for Royal Enfield Meteor 350 Insurance- Things to Know

If you wish to speed up the claim process, it is important to first get the documentation part right. Here are the documents you may be asked to submit when you file an insurance claim:

 

• Your two-wheeler insurance policy document

• Details of your damaged vehicle

• Details of the incident such as the location, time, and date, among others

• A copy of the FIR in the case of a stolen vehicle

• In the case of a reimbursement claim, the original bills and payment receipts supporting the repairs undertaken on your vehicle

Now, let’s take a look at the types of Royal Enfield Meteor 350 insurance claims:

• Cashless Claim for Bike Insurance

  A cashless claim means that your insurer directly pays the garage for your repairs. All you need to do is get your damaged Meteor 350 at the nearest network garage.

• Reimbursement Claim for Bike Insurance

  As the name indicates, a reimbursement claim is when you pay for the repairs out of pocket first and then file a claim for these expenses against your bike insurance policy.

Read More About: Bike Insurance Claim Process

Tips to Reduce the Royal Enfield Meteor 350 Insurance Cost

Here are some easy tricks to reduce your Royal Enfield Meteor 350 bike insurance premium:

• Compare Insurance Premiums

  Different insurers offer two-wheeler insurance plans for your bike at different rates. Compare these premiums online before you choose the plan best suited for your needs.

• Avoid Raising Claims for Small Expenses

  Multiple insurance claims in a year can increase your bike insurance premiums. Hence, avoid filing claims for inexpensive repairs.

• Choose Only Necessary Add-On Covers

  Too many add-on covers can increase your insurance cost substantially. Only opt for the add-ons that are necessary for your bike.

Tips to Maintain Your Royal Enfield Meteor 350

Here are some important tips to keep your Royal Enfield Meteor 350 in mint condition:

• Lube the Bike

  Use a good chain lubricant and lube your Meteor 350’s chain every 400km- or so.

• Get the Bike Serviced Regularly

  This is one of the most important things to do, which is to maintain your bike in a good condition. Do not forget to get it serviced from time to time as per the maintenance schedule.

• Check the Engine

  Inspect the motorcycle’s engine regularly and ride at a steady speed.

Royal Enfield Meteor 350 Maintenance Cost

The maintenance cost for Royal Enfield Meteor 350 varies based on the service centre. The first four servicing of the Meteor 350 are free of cost. Here is the Royal Enfield Meteor 350 service schedule:

About the Royal Enfield Meteor 350

Featuring a design that’s similar to the Thunderbird, the Meteor 350 improves upon it by adding several features and class-leading technologies in a bid to modernise the bike. Firstly, the seat height has been reduced to a very manageable 765 millimetres. Also, since the bike’s height has been brought closer to the ground, the centre of gravity has improved vastly, making the Meteor 350 so much more stable during high-speed cruising.

Royal Enfield Meteor 350 Specifications

We’ve tabulated some of the key Royal Enfield Meteor 350 specifications. Check it out.

Royal Enfield Meteor 350 Features

The Royal Enfield Meteor 350 has several cutting-edge technologies such as dual-channel ABS, semi-digital instrumentation console, and more. Here’s a quick preview of a few of the key features of the motorcycle.

• Twin Rear Adjustable Shock Absorbers

  The Meteor 350’s twin rear shock absorbers come with a six-step preload adjustment for maximum comfort.

• Tripper Navigation

  The motorcycle features turn-by-turn navigation and has a dedicated display on the instrumentation console for the same.

• Traditional Switchgear

  The switchgear of the Meteor 350 features dials instead of buttons, which is a nod to the old-school motorcycles.

Royal Enfield Meteor 350 On-Road Price Across Major Cities

It is time to take a look at the on-road price for the Royal Enfield Meteor 350. Since the on-road price includes some other expenses like insurance, RTO registration charges, and road tax, the pricing varies from one city to another. Here’s a quick look at what the Royal Enfield Meteor 350 on-road price is across a few key cities in India.

Conclusion

With this, you will now have a better idea of what the Royal Enfield Meteor 350 promises the rider. And if you’re satisfied with its technical specifications, why not add this to your wishlist or get started with a financial plan to bring home this bike? If you do eventually decide to buy this motorcycle, remember to secure it with an adequate Royal Enfield Meteor 350 insurance cover. With an online application process as easy as Bajaj Markets, buying bike insurance is now a piece of cake.