TVS Wego Insurance

TVS Wego Bike With Insurance Premium

*Disclaimer: The table above is for reference only. The actual insurance premium for your TVS Wego is based on your bike's IDV, registration location, registration year, add-on policies, and more.

Reasons to Buy TVS Wego Insurance Online from Policybazaar.com

There are several reasons why you should buy a Wego insurance policy online from Policybazaar.com:

• Compare Wego insurance price lists from leading insurance companies with ease to find coverage that aligns with your needs and budget.
• Customise your policy and enhance your protection with add-ons like zero depreciation, roadside assistance, personal accident cover, and engine protection.
• Benefit from swift claim settlements, whether you opt for cashless or reimbursement options.
• Third-party damage cover takes care of compensations for any injury, damage, or loss caused to a third party in the event of an accident.
• Take advantage of attractive discounts to make your Wego insurance price affordable.
• Earn a No Claim Bonus (NCB) on your premium amount if you maintain a claim-free record during the policy term.
• Access expert customer support throughout the Wego insurance renewal or purchase process to address any queries or concerns. Call 1800-258-5970 for immediate assistance.

*Disclaimer: The above-mentioned coverages are general and may vary among insurance providers.

TVS Wego Insurance Add-ons

Insurance companies offer a wide range of add-ons that offer tailored coverage to meet your specific needs. These optional covers provide a more comprehensive protection for your insured scooter. Some popular add-ons/rider options for TVS Wego insurance include:

• Engine Protection Cover: This add-on offers compensation if the insured scooter's engine is damaged partially or totally due to lubricant oil leakage, water ingression, or hydrostatic lock. It also covers damages to engine parts like cylinders, pistons, connecting rods, and crankshafts.
• Zero Depreciation Cover: Typically, an insurer settles claims after deducting the depreciation value of the insured vehicle. The zero depreciation cover, also known as bumper-to-bumper cover, eliminates the depreciation factor when calculating the claim amount. However, compulsory and voluntary deductibles still apply even with zero depreciation cover.
• Consumables Cover: Consumables like engine oil, brake fluids, chain lubricants, coolant, nuts, and bolts are essential parts of your scooter, but they are not covered under the standard policy. The consumable cover add-on reimburses the cost of these items up to a certain limit.
• Mandatory Personal Accident (PA) Cover: This add-on offers compensation for injuries, disability, or death of the owner-rider. As per IRDAI guidelines, the coverage limit is ₹15 lakh. This add-on is offered only if the policyholder holds a valid driving license.

How to Buy/Renew TVS Wego Insurance Online

To purchase or renew your TVS Wego insurance policy online at Policybazaar.com, follow these simple steps:

• Step 1: Open Policybazaar.com using your preferred browser.
• Step 2: Go to the 'Insurance Products' section and click on 'Bike Insurance'.
• Step 3: Input your TVS Wego's registration number and click on 'View Prices'. If you don't have the registration number yet, choose 'Bought a New Bike' and add details like make, model, variant, and registration year.
• Step 4: Check the Wego insurance price list to compare the plans from various insurers. Compare their features, coverage, and premium costs to find the most suitable policy.
• Step 5: Consider enhancing your coverage with add-ons such as Personal Accident Cover, Consumables Cover, or Pillion Rider Cover.
• Step 6: Enter your personal information, including name, contact details, and address.
• Step 7: Select your preferred payment method - credit/debit card, net banking, or UPI. Upon successful payment verification, your TVS Wego insurance policy documents will be sent to your registered email address.

How to Claim TVS Wego Insurance Online

1. Cashless Claims Process

   To file a cashless claim for your TVS Wego, adhere to the following steps:

   • Step 1: Inform your insurance provider about the damage immediately to initiate the claims process. Early reporting is crucial.
   • Step 2: The insurer will appoint a surveyor to evaluate the damage and approve the necessary repairs.
   • Step 3: Once the surveyor has given their approval, the insurance company will confirm the repair costs. Take your scooter to the nearest network garage for servicing.
   • Step 4: After the repairs are completed, the insurer will pay the repair expenses directly to the garage, eliminating out-of-pocket costs for you.

2. Reimbursement Claim Process

   To submit a reimbursement claim, follow these steps:

   • Step 1: Notify your insurer of the damages as soon as possible to start the reimbursement claim process.
   • Step 2: Your insurance provider will designate a surveyor to assess the damages to your scooter.
   • Step 3: Within 48 hours, the surveyor will generate a comprehensive assessment report and submit it to the insurer.
   • Step 4: Complete the claim form and submit it with documents like original invoices, receipts, etc.
   • Step 5: After your claim is approved, take your scooter to a garage of your choice for repairs and pay the charges yourself.
   • Step 6: The insurer will transfer the reimbursement amount for the damages to your bank account.

Documents Required for TVS Wego Insurance Claims

When filing a TVS Wego insurance claim, it's crucial to have the right documents on hand for a seamless process. Keep the following documents ready:

• FIR copy (required for cases involving fire, death, property damage, or third-party injuries).
• Copy of your driving license (valid).
• Original repair bills and receipts are needed for reimbursement claims.
• KYC documents (required if the damage is more than ₹1 lakh).
• Copy of the scooter's Registration Certificate (RC).
• Repair bills for the scooter.
• A properly completed and signed claim form.

Additional Documents Required for TVS Wego Insurance Claims

• FIR filed is required for legal incidents.
• Original RC (Registration Certificate) of the scooter.
• Scooter keys or its purchase invoice.
• Letter of Subrogation.
• Wego insurance policy papers (original papers).
• RTO letter declaring your scooter 'No Use'.
• Non-traceable report for theft-related claims.
• NOC from financier (if the scooter is purchased on loan).