About Elego Bikes
Elego Motors was established recently with a focus on providing eco-friendly electric scooters. The company has a few electric bike models that are suited for different riding needs, including the compact Scooty for urban commutes. Elego has been working on expanding its motorcycle lineup to meet the demand for sustainable and efficient two-wheelers in India. The company is said to be working on offering practical options for riders seeking adaptable and reliable electric scooters.
Popular Elego Bike Models With Bike Insurance Price
Elego Bike Models (Registration 2024) | Zero Dep Cover* (Add-on Cover) | Estimated Elego Insurance Price* (1+5 Bundled Policy) |
Elego Motors Pvt Ltd Elego 1.0 E Scooty | ₹ 315 | ₹ 3,101 |
*Disclaimer: Elego Insurance price may vary depending on the chosen insurance provider, specific scooter model, manufacturing year, registration location, and the Insured Declared Value (IDV). Prices may also be affected if additional coverages are added to the policy.
Elego Insurance Price Calculator
To accurately estimate the Elego Insurance price, you can use the bike insurance premium calculator available on Policybazaar.com. This tool quickly provides an estimate of policy costs, helping you compare coverage options for your Elego scooter. Simply enter the following details in the calculator:
- Ex-showroom price of your Elego scooter
- Model and variant of the scooter
- RTO location and year of registration
- Claims history, if any
Coverage Under Elego Insurance Policy
- Inclusions
- Exclusions
Elego Insurance policy generally covers the following aspects:
- Theft or Total Loss: If your Elego scooter is stolen or declared a total loss, the policy will offer financial compensation.
- Accidental Damage: Covers damages resulting from accidents involving your scooter, including repairs for both your vehicle and any third-party property or injury claims.
- Natural Disasters: Provides coverage against damages from natural events like floods, earthquakes, storms, or landslides.
- Civil Disturbances: Includes coverage for damages resulting from riots, strikes, vandalism, or other public disturbances.
- Fire-Related Incidents: Offers financial protection for damage due to fire, explosion, or similar incidents, supporting recovery from such unpredictable losses.
Elego Insurance policy may generally exclude the following:
- Expired Licenses or Incomplete Documentation: Claims may be rejected if your driver's license has expired or if required documentation is incomplete, so it's essential to keep documents up-to-date.
- Routine Wear and Tear: Costs for regular maintenance, internal breakdowns, and normal wear and tear are not covered.
- Out-of-Area Incidents: Damages occurring outside the specified coverage area or after the policy expiration date are not covered.
- Improper Use or Negligence: Damages resulting from misuse, negligence, or involvement in illegal activities are excluded.
- Influence of Alcohol or Drugs: If an accident occurs while the rider is under the influence of alcohol or drugs, damages are not covered.
*Disclaimer: Policy terms may vary, so it’s recommended to review your Elego Insurance policy thoroughly to understand the specific inclusions and exclusions. This will provide clarity on your eligibility to make a claim.
How to Buy/Renew Elego Insurance Online?
For buying or renewing your Elego Insurance policy, you can follow these easy steps:
- Step 1: Visit Policybazaar.com and go to the “Bike Insurance” section on the homepage.
- Step 2: If you're renewing your policy, enter your Elego scooter's registration number. If purchasing a new policy, select “New Bike Insurance” instead.
- Step 3: Provide accurate information about your Elego scooter, including the model, variant, year of registration, and RTO location.
- Step 4: Browse through the available insurance plans. Compare coverage options and benefits to choose the Elego Insurance policy that fits your protection requirements.
- Step 5: Decide on the type of coverage: comprehensive for broader protection or third-party insurance for essential cover. You may also add features like zero depreciation, engine protection, or roadside assistance to customise your Elego Insurance policy.
- Step 6: Complete the payment process to finalise the purchase. Once successful, your Elego Insurance policy document will be emailed to you, confirming active coverage and securing your scooter against unexpected events.
Elego Insurance Policy Add-ons
Use these add-ons to boost Elego insurance policy:
- Return-to-Invoice (RTI) Cover
- 24/7 Roadside Assistance
- Consumables Cover
- Engine Protection Cover
- Passenger Assistance Cover
- Personal Accident Cover
- Zero Depreciation Cover
- No Claim Bonus (NCB) Protection
How to Claim Elego Insurance Online
If you want to file an Elego Insurance claim, follow these steps:
- Step 1: Contact your insurance provider immediately to report the incident. Have your policy number and essential details about the event ready to expedite the claim registration.
- Step 2: After registering, your insurer will appoint a surveyor who will examine the damage to your Elego scooter.
- Step 3: Gather and submit all the required documents for your claim. Typically, these documents include a valid ID, the completed claim form, the original Elego Insurance policy document, and the scooter's registration certificate.
- Step 4: For a cashless claim, take your scooter to an authorised Elego service centre. The insurer will directly cover repair expenses based on the surveyor's report, ensuring you don't need to pay upfront.
- Step 5: If repairs are done at a non-network service centre, you'll pay for the repairs initially. Later, you can submit the receipts and bills to your insurance provider for reimbursement.
Elego Insurance Online FAQs
-
Q1. What is the benefit of a comprehensive Elego Insurance policy?
Ans: A comprehensive policy provides extensive coverage, including theft, accident, and natural disaster protection, beyond the basic third-party liability cover. -
Q2. How do I know if my Elego Insurance policy is active?
Ans: You can verify your policy status by logging into your insurer’s website or app, where active coverage details are displayed. -
Q3. How does a cashless claim work with Elego Insurance?
Ans: With a cashless claim, you can have your Elego scooter repaired at an authorised service centre, and the insurer directly pays the repair costs. -
Q4. What documents are needed for Elego Insurance renewal?
Ans: Generally, you’ll need your previous policy number, registration certificate details, and updated personal information to complete the Elego Insurance renewal. -
Q5. How can I renew my Elego Insurance online?
Ans: You can renew your Elego Insurance online through Policybazaar.com or directly on your insurer’s website by entering your policy details and following the instructions for renewal.
^The renewal of insurance policy is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. Actual time for a transaction may vary subject to additional data requirements and operational processes.
^The buying of Insurance policy is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. Actual time for transaction may vary subject to additional data requirements and operational processes.
#Savings are based on the comparison between highest and the lowest premium for own damage cover (excluding add-on covers) provided by different insurance companies for the same vehicle with the same IDV and same NCB.
*TP price for less than 75 CC two-wheelers. All savings are provided by insurers as per IRDAI-approved insurance plan. Standard T&C apply.
*Rs 538/- per annum is the price for third party motor insurance for two wheelers of not more than 75cc (non-commercial and non-electric)
#Savings are based on the comparison between the highest and the lowest premium for own damage cover (excluding add-on covers) provided by different insurance companies for the same vehicle with the same IDV and same NCB.
*₹ 1.5 is the Comprehensive premium for a 2015 TVS XL Super 70cc, MH02(Mumbai) RTO with an IDV of ₹5,895 and NCB at 50%.
*Rs 457/- per annum is the price for the third-party motor insurance for private electric two-wheelers of not more than 3KW (non-commercial).The list of insurers mentioned are arranged according to the alphabetical order of the names of insurers respectively.Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. The list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in