Popular Royal Enfield Eledro Bikes with Insurance Premium
Eledro Bike Variants | Zero Dep Cover* (Add-on Cover) | Estimated Eledro Insurance Price List* (1+5 Bundled Policy) |
Royal Enfield Eledro Disc Brake (350 cc) | ₹ 469 | ₹ 7,591 |
Royal Enfield Eledro STD (350 cc) | ₹ 240 | ₹ 7,580 |
*Disclaimer: The Royal Enfield Eledro insurance prices provided are for reference purposes only and may vary depending on factors like the Insured Declared Value (IDV), the bike's age, registration location, selected add-ons, and previous claim records.
Reasons to Buy Royal Enfield Eledro Insurance Online from Policybazaar.com
Getting your Royal Enfield Eledro insurance doesn't have to be complicated. With Policybazaar.com, you get a seamless platform to explore, compare, and customise your bike insurance policy while enjoying added benefits that make the process hassle-free and cost-effective:
- Compare various policies from leading insurers to find the coverage that best suits your needs and budget.
- Customise your policy with add-ons like zero depreciation or roadside assistance for added protection.
- Check detailed premium information upfront, allowing you to select a plan that fits your financial preferences.
- Enjoy exclusive platform discounts that help lower your premium without reducing the quality of coverage.
- The online process is straightforward, enabling you to quickly buy or renew your insurance with minimal effort.
- Filing claims is easy, with options for cashless repairs at network garages or reimbursements for eligible expenses.
- Get reliable customer support at 1800-258-5970 for assistance with renewals, claims, or policy-related questions.
Coverage Under Royal Enfield Eledro Insurance
- Inclusions
- Exclusions
Below-mentioned inclusions are generally offered under a Royal Enfield Eledro insurance policy:
- Repair expenses for damages caused by accidents.
- Financial coverage for theft or total loss of the bike.
- Protection against damages caused by natural calamities like floods, storms, or earthquakes.
- Coverage for losses or damages during transportation.
- Compensation for incidents involving fire, explosions, or similar events.
- Personal accident cover for injury, permanent disability, or death.
- Third-party liability coverage for damage to property or injuries caused to others.
- Coverage for damages caused by riots, strikes, or vandalism.
The below aspects may not be covered under a Royal Enfield Eledro insurance policy:
- Accidents occurring while under the influence of alcohol or drugs.
- Normal wear and tear or natural ageing of bike components.
- Damage to tyres or tubes unless caused by an insured accident.
- Incidents that occur outside the geographical area specified in the policy.
- Mechanical or electrical failures unrelated to covered events.
- Accidents where the rider lacks a valid licence or active insurance.
- Losses resulting from war, nuclear risks, or civil unrest.
- Indirect or consequential damages not directly caused by insured events.
*Disclaimer: This information is for general guidance. Always refer to your policy document for specific details, terms, and conditions.
Royal Enfield Eledro Insurance Add-ons
Enhance your Royal Enfield Eledro insurance policy by considering the following add-ons:
- Personal Accident Cover: This add-on provides financial assistance if you face injuries, permanent disability, or death due to an accident. It offers a lump sum amount to you or your family, helping to manage medical bills or replace lost income. It plays a crucial role in securing your financial stability and supporting your loved ones during difficult situations.
- Zero Depreciation Cover: With this cover, you can claim the full cost of replacing damaged parts of your bike without accounting for depreciation. It ensures you receive a higher claim payout and don't have to bear the expense of wear and tear. This is particularly beneficial for new or high-value bikes.
- Return to Invoice Cover: In cases where your bike is stolen or irreparably damaged, this cover reimburses the original invoice value of the bike, including registration charges and road tax. Unlike the depreciated market value, it ensures you recover the full price paid for the bike, reducing financial strain when replacing it.
- 24x7 Roadside Assistance Cover: This add-on ensures immediate help if your bike breaks down unexpectedly due to issues like a flat tyre, dead battery, or running out of fuel. It covers services such as towing, minor repairs, and fuel delivery, giving you peace of mind during roadside emergencies.
How to Buy/Renew Royal Enfield Eledro Insurance Online?
Follow these steps to get a new Royal Enfield Eledro insurance policy or for Eledro insurance renewal:
- Step 1: Visit Policybazaar.com.
- Step 2: On the homepage, go to the ';Insurance Products' section and select ';Bike Insurance.'
- Step 3: Enter your Royal Enfield Eledro's registration number and click on ';View Prices.' If the registration number is not available, select ';Bought a New Bike' and fill in details like make, model, variant, and year of purchase.
- Step 4: Compare the available plans from multiple insurance providers, focusing on coverage, features, and premium costs to choose the most suitable option.
- Step 5: Add optional covers such as Zero Depreciation or Roadside Assistance to enhance the protection offered by your policy.
- Step 6: Provide your personal details, including your name, contact number, and address, as required.
- Step 7: Complete the payment using your preferred method, such as a credit card, debit card, UPI, or net banking. Once the transaction is processed, your policy document will be sent to your registered email address.
How to File Royal Enfield Eledro Insurance Claim
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Cashless Claim Process
If you're planning to file for a Eledro insurance cashless claim, you can follow these steps:
- Step 1: Notify your insurer immediately after the incident to initiate the claim process.
- Step 2: A surveyor appointed by the insurer will assess the damage and approve the necessary repairs.
- Step 3: Take your Royal Enfield Eledro to a network garage authorised by the insurer for repairs.
- Step 4: Once the surveyor gives approval, the garage will carry out the repairs, and the insurer will directly settle the repair costs with the garage.
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Reimbursement Claim Process
For reimbursement claim, you can follow these steps:
- Step 1: Inform your insurer about the incident promptly to start the claim process.
- Step 2: A surveyor will be sent to inspect the damage and create a detailed assessment report.
- Step 3: The surveyor will finalise and submit the report, usually within 48 hours of the inspection.
- Step 4: Submit the completed claim form along with required documents like repair bills and receipts to the insurer.
- Step 5: Get your Royal Enfield Eledro repaired at a garage of your choice and pay for the expenses upfront.
- Step 6: After the claim is approved, the insurer will reimburse the eligible amount directly to your bank account.
Documents Required for Royal Enfield Eledro Insurance Claim
To file a claim for your Royal Enfield Eledro insurance, ensure you have the following documents ready:
- A duly filled and signed claim form.
- FIR for incidents such as theft, fire, third-party injury, property damage, or death.
- The Registration Certificate (RC) of your Royal Enfield Eledro.
- Original bills or receipts for repairs if you're claiming reimbursement.
- A valid driving licence for verification.
- Service receipts or invoices as proof of previous repairs.
- KYC documents, especially if the claim exceeds ₹1 lakh.
Additional Documents Required for Eledro Theft Claims
- Both keys of the bike and the original purchase invoice for verification.
- A non-traceable certificate in case your bike has been stolen.
- FIR copy for theft, fire, or third-party-related incidents.
- Subrogation letter for theft claims to assist in the claim process.
- An RTO letter stating the bike is ';No Use' in cases of irreparable damage or total loss.
- No Objection Certificate (NOC) from the financer if the bike is under loan.
- The original insurance policy document to validate your claim.
Royal Enfield Eledro Insurance FAQs
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Q. How can I renew my Royal Enfield Eledro insurance online?
Ans: You can renew your insurance through various online platforms, such as Policybazaar.com by entering your bike's details, comparing policies, selecting add-ons, and making the payment. The renewed policy is usually sent to your registered email. -
Q. Can I transfer my existing insurance policy to a new owner if I sell my Eledro?
Ans: Yes, the insurance policy can be transferred to the new owner. You'll need to inform the insurer and provide the necessary documents to facilitate the transfer. -
Q. Can I get insurance for custom modifications on my Eledro?
Ans: Yes, modifications can be insured, but you must declare them to your insurer. The premium may increase based on the nature and cost of the modifications.
Two Wheeler insurance articles
^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