LML Insurance

About LML

LML was founded as Lohia Machines Limited Private Limited in 1972, the company initially manufactured synthetic yarn manufacturing machines and started manufacturing two-wheelers in 1984 after a collaboration with Italy-based company Piaggio. LML is known for manufacturing durable, stylish, and high-performance motorcycles that appeal to famous makes like the Freedom, Adreno, Gaptor, Vespa, Star and newer electric models. Their lineup includes sleek 125cc commuter bikes, robust 150cc street models, and powerful 200cc adventure bikes.

Popular LML Bikes with Bike Insurance Price

*Disclaimer: The premium rate for LML Vehicle bike models depends on several key factors, including the registered RTO, year of registration, Insured Declared Value (IDV), selected add-ons, the bike's make, model, and ex-showroom price. These premiums can differ significantly among various insurance providers.

LML Bike Insurance Calculator

LML insurance premium calculator allows you to estimate the policy premiums for your bike. You can use the free online bike insurance premium calculator on Policybazaar.com to get LML insurance price estimates instantly for your specific make. Simply enter the following details to generate results:

• Vehicle make, model, and specifications
• Ex-showroom price
• Year of registration and RTO location
• Claim history (if applicable)

*Disclaimer: The above-mentioned points are generic inclusions-exclusions. Carefully go through your policy documents to understand the full extent of inclusions and exclusions.

How to Buy/Renew LML Insurance Online?

Whether you're purchasing a new LML bike or renewing your existing policy, you can easily complete the process at Policybazaar.com:

• Step 1: Visit the official website of Policybazaar Insurance Brokers Private Limited and locate the 'Bike Insurance' option under the 'Insurance Products' section.
• Step 2: For renewing an existing LML Insurance policy, simply enter your vehicle's registration number in the designated field. If you are buying insurance for a new bike, click on 'Bought a New Bike' to proceed.
• Step 3: Fill in the required details accurately in the form and review them before submission.
• Step 4: You will be directed to a page displaying various insurance quotes from reputable bike insurance providers. Choose the policy that best suits your needs and budget.
• Step 5: Decide on the type of coverage you want, whether it's third-party or comprehensive insurance. You also have the option to select additional riders for enhanced protection.
• Step 6: Complete the payment using one of the secure payment methods available. Once processed, your LML insurance policy documents will be sent to your registered email address.

LML Bike Insurance Add-ons

Enhance your standard LML insurance policy with additional riders and enjoy increased protection for your motorcycle. Consider these popular add-on options:

• No Claim Bonus (NCB) Protection Cover
• Zero Depreciation Cover
• Engine Protection Cover
• Return-to-Invoice (RTI) Cover
• 24/7 Roadside Assistance
• Passenger Assistance Cover
• Personal Accident Cover
• Consumables Cover

How to Claim LML Insurance Online?

Filing a claim for your LML insurance is easy. Just follow these steps to streamline the process:

• Step 1: Notify your insurance provider as soon as your vehicle is damaged or involved in an accident.
• Step 2: An assessor will be assigned to inspect the damages to your vehicle. This professional will evaluate the situation to determine the extent of the loss or damage.
• Step 3: After the inspection, the assessor will prepare a detailed report outlining their findings and submit this documentation to your insurance provider for review.
• Step 4: Gather essential documents, including your ID proof, claim form, driving licence, and vehicle registration for verification.
• Step 5: For cashless repairs, take your motorcycle to an authorised network garage, where the insurer will handle the payment directly.
• Step 6: If you opt for a non-network garage, you'll need to pay for the repairs upfront. Afterwards, submit the repair invoice to your insurance provider, who will then reimburse you for the expenses incurred.

Documents Needed to File LML Insurance Claim

Ensure you have the following documents ready when you file for claim:

• Completed and signed claim form
• Insurance policy documents
• Registration Certificate (RC) for your motorcycle
• Valid driving licence (DL)
• FIR or police report, if relevant
• Estimate of repair costs
• Repair invoice, if the bike has already been fixed
• Photographs illustrating the damage extent