Royal Enfield Classic 500 Insurance

Royal Enfield Classic 500 Bike with Insurance Premium

*Disclaimer: The Classic 500 insurance prices are different for different providers. It depends on multiple factors like make, model, variant, IDV, zero dep, OD, PA, etc.

Reasons to Buy Royal Enfield Classic 500 Insurance Online from Policybazaar.com

Here are some key benefits that you can enjoy by obtaining your Classic 500 Insurance online from Policybazaar.com:

• Access a range of Classic 500 insurance prices from numerous providers, allowing you to compare and select the best offer for your needs.
• The policies are customisable so that you can add an extra layer of protection for your coverage with add-on options such as pillion rider protection, engine coverage, zero depreciation, and NCB (No Claim Bonus).
• Get your Classic 500 insurance renewals online easily, anytime, anywhere
• Get in touch with our dedicated Customer Service team at 1800-258-5970 at any time for immediate assistance and solutions.
• Enjoy the convenience of cashless repairs at network garages without weighing down your pockets.
• Experience swift claim processes, whether you choose cashless services at network garages or seek reimbursement for repairs.

*Disclaimer: These are standard inclusions and exclusions. Refer to your insurance papers to understand the extent of inclusions and exclusions.

Royal Enfield Classic 500 Insurance Add-ons

Maintaining your bike's can be a challenging task. Ensuring every part of it is protected and top-notch condition at all times may burden your pockets. You can always opt for add-ons with your Classic 500 insurance to enhance coverage and secure your bike's every aspect. Consider the below options:

• Pillion Rider Cover: The pillion rider add-on provides monetary compensation for injuries in events of accident of your passenger when riding the insured bike. It provides your travel buddy the same level of protection as you so you both can journey stress-free.
• NCB Cover: This is a very useful add-on. You can have this add-on and save on your premium costs for the next few years even when you have placed an insurance claim within the policy period. This add-on rewards responsible behaviour, and contributes to reduced future insurance prices.
• Engine Cover: Engine Cover protects against costly repairs caused by issues like water penetration, oil leaks, or mishaps. This is a vital add-on, especially when you are fond of travelling on different terrains, and your bike's engine is exposed to unpredictable challenges. It secures you financially and ensures your engine always remains in good condition.
• 24/7 Roadside Assistance Cover: With the 24/7 Roadside Assistance add-on, you can travel worry-free knowing that emergency assistance is always accessible. This includes services such as on-the-spot repairs, fuel delivery, battery jumpstart, pick-and-drop services, and towing assistance.

How to Buy/Renew Royal Enfield Classic 500 Insurance Online?

Classic 500 insurance renewals online or buying a new policy with Policybazaar.com is a breeze. Follow these useful steps:

• Step 1: Go to the official website of Policybazaar Insurance Brokers Private Limited.
• Step 2: From under the 'Insurance Products' menu, click on 'Bike Insurance'.
• Step 3: Enter the registration number for your Classic 500 bullet and click 'View Prices'. If you are purchasing insurance for a new bike, click 'Bought a New Bike' and provide information on the manufacturer, model, variant, and manufacturing year.
• Step 4: Compare plans from reliable insurance providers from the curated Classic 500 Insurance price list and select the appropriate coverage type-whether comprehensive or third-party liability insurance.
• Step 5: Enhance your insurance by including valuable add-ons.
• Step 6: To proceed with the purchase, provide your personal information, including your name, address, and phone number.
• Step 7: Make a secure payment using any of the payment methods. Upon successful payment processing, you will receive an email with confirmation of your Royal Enfield Classic 500 insurance papers immediately.

How to File Royal Enfield Classic 500 Insurance Claim?

1. Cashless Claim Settlement

   To submit a cashless claim for your Classic 500 bike, remember these steps:

   • Step 1: Once the damage has occurred, notify your insurance provider immediately to begin the claim procedure.
   • Step 2: An insurance provider-appointed assessor will analyse the damages to your bullet and authorise any necessary repairs.
   • Step 3: After the assessor has submitted their report, the insurance will approve the anticipated repair expenses. You can then take your bike to a network garage recommended by your insurance.
   • Step 4: You don't have to worry about any payment as the garage will fix your bike and charge the insurance provider for the bills, making the procedure easier for you.

2. Reimbursement Claim Settlement

   To settle a reimbursement claim for your Classic 500 bullet, remember these steps:

   • Step 1: As soon as the damages happen to your bike, notify your insurance provider and begin the claim procedure.
   • Step 2: A surveyor will examine the bike and assess the level of damages.
   • Step 3: Within 48 hours, the surveyor will send a complete report to the insurance company.
   • Step 4: Send a completed & signed claim form together with all necessary documentation to your insurance.
   • Step 5: Take your bike to your preferred mechanic shop, pay for repairs up front, and keep all original invoices and receipts.
   • Step 6: Submit your bills and receipts to your insurance provider for payment reimbursement.

Documents Required for Royal Enfield Classic 500 Insurance Claim

Furnish the below list of mandatory documents to file your Classic insurance claim:

• A filled and signed claim form.
• Registration Certificate (RC) copy.
• Copy of the FIR (for cases of theft, fire, property damage, death, or third-party injuries).
• Driving license.
• KYC documents (required for claims exceeding ₹1 lakh).
• Original repair bills and receipts (for reimbursement claims).

Additional Documents Required for Royal Enfield Classic 500 Theft Claims

• Keys and purchase invoice of the insured bike.
• Subrogation Letter.
• FIR copy (for theft or major incidents).
• RTO-issued 'No Use' letter.
• Non-Traceable Report.
• NOC from the financer, if applicable.
• Original policy papers.