Hero Motorcop Two Wheeler Insurance

So you own a Hero Motocorp bike? Hats off just to that!

Planning to renew the insurance of your good old Hero Splendor Plus bike or looking for the best two-wheeler insurance for your brand new Hero Karizma 2014 – you’ve landed just the right place.

Let’s dive into the two-wheeler insurance basics for your Hero bike.

Understanding Hero Insurance:

Must-know Coverage for Your Hero Motocorp Bike:

You can get following kinds of insurance policies for your Hero Bike:

Third-Party Bike Insurance Comprehensive Bike Insurance
Only covers third-party injuries and damages, and not to your own vehicle. Gives third-party policy + coverage for losses and damages to your own bike
Mandatory by Indian Motors Act.
It’s not mandatory to buy coverage for your own bike’s damages, but then we all know the state of Indian roads. And, who doesn’t love their Hero bike?
Multi-year insurance available
Multi-year insurance available

Why You Should Insure Your Hero Bike?

Hero Motocorp bikes are great on Indian roads, which is why there are so many of them. But with a two-wheeler insurance, you can:

  • Be sure that you’re rightfully compensated if your Hero bike was stolen or damaged beyond repairs.
  • Get coverage for a third-party if your bike caused an accident and the third-party was injured or their property damaged.
  • Get comprehensive coverage for your own two-wheeler, in case damages were caused to your vehicle.
  • Be sure that no traffic policeman heavily fines you for not having an insurance policy for your bike. Strictly, say no to bribery!

Good-to-Have Insurance Add-ons for Hero Motocorp Bikes

  • Zero Depreciation Cover:

Irrespective of the model of Hero Motocorp bike you have, depreciation is applicable on all kinds of metal, plastic, and fiber glass parts. In case of repairs / replacement claims, you would have to pay for the depreciation cost. However, with zero depreciation add-on, you can get that covered.

  • Return to Invoice Cover:

So that if your bike was stolen or completely damaged, the claim settlement amount from the insurance company is not as little as the current market value of your bike. Instead, it is as much as the invoice value of your bike. This is even when in case your bike was two years old, with a 20 percent lower current market value.

A lot of insurance companies offer specific add-on coverage at an addition premium cost. Depending on the model of Hero Motocorp bike you have, do enquire with your insurer about these coverage options. Key replacement, roadside assistance, personal accident cover of passengers could be a few such options.

Things a Two Wheeler Insurance Covers For Any Hero Motocorp Bike:

  • Personal accident coverage for owner-driver
  • Accident-related damages to your bike
  • Damages caused during a natural calamity like flood or storm
  • Loss because of fire, explosions
  • Compensation for Stolen Bike

Things a Two Wheeler Insurance Does Not Cover For Any Hero Motocorp Bike:

  • Wear and tear caused over the years [including flat tyres]
  • Losses caused when the bike was driven without a driving license
  • Damages caused when the bike was being driven under the influence of alcohol
  • Driving outside the geographical limits
  • If the bike is used for anything beyond it’s legal purpose [racing, illegal activities, organized crime]

How do I get no-claim bonus at the time of renewal?

If you have not claimed in the preceding year, then you can avail a No-Claim Bonus at the time of your next renewal. Keep one thing in mind: your bike insurance renewal has to happen before the previous policy expires. At the time of renewal of your Two-Wheeler Insurance Policy, you need to mention your last NCB and whether you have made any claim in the last year or not. You get discount on the own-damage premium as per the NCB grid provided by IRDA.

All vehicle Type NCB Grid % of discount in premium on damage premium
No Claim in the last 1 year 20%
No Claim in the last 2 consecutive years 25%
No Claim in the last 3 consecutive years 35%
No Claim in the last 4 consecutive years 45%
No Claim in the last 5 consecutive years 50%

Questions you might ask about Hero Insurance:

How can I renew my Hero Insurance online?

Your Hero Insurance Policy can be renewed online very seamlessly through your insurer’s online portal or your broker’s portal.

1. If you have already selected an insurance company you can go to the insurer’s portal and renew it online by filling in the details.

2. All you need to fill are your bike details (like Vehicle Registration Number, Engine/Chasis Number), your previous insurance details and your contact details. Once done, you can then renew the policy online by paying via netbanking, wallet or credit/debit card.

3. Also, it is not necessary to continue your insurance policy with the same insurance company as the previous year. You can easily purchase insurance policy from a different insurer, as long as you are aware of the benefits and features being offered.

The two-wheeler insurance of my Hero Super Splendor bike has already expired. Is vehicle inspection mandatory?

No. Inspection is not mandatory even if the insurance for your bike has already expired. It is sometimes done at the discretion of the insurer but only if the insurance has lapsed for more than 6 months or so.

Is an online insurance policy valid for two-wheelers?

Of course it is valid. You get a valid bike insurance policy by renewing the policy online. All you need to do is fill in your previous policy bike details and get a valid insurance policy emailed to your registered email id. A printout of that would suffice.

Single-year or Mutli-year: what’s better in case of Hero insurance?

Multi-year is always better as you get a better rate and your insurance policy is valid for 2 to 3 years. Thus, there is no renewal headache every year. Also, since you pay upfront, there is a huge discount on the premium.

How much more do I need to pay for comprehensive two wheeler insurance?

The premium for a simple third party only insurance is fixed by the IRDAI. A comprehensive insurance policy includes own-damage premium too. The own-damage premium varies slightly from one insurance company to another and is dependent on a lot of factors, including your claims history and the age of your bike. The overall premium for comprehensive insurance is marginally higher, but highly recommended if you are looking for complete coverage for your Hero bike.

 Engine CCMileage(kmpl)BHPWeight (Kg)Price Range (in Rs.)
KARIZMA ZMR22348201571,00,050 to 1,00,150
KARIZMA2234819.215485,230 to 86,400
XTREME SPORTS1494815.614672,300 to 73,500
XTREME1495014.214595,500 to 96,000
HUNK149531414672,360 to 73,500
ACHIEVER1491313862,500 to 63,800
IGNITOR125551112962,300 to 63,500
GLAMOUR PROGRAMMED FI12572912967,050 to 68,100
GLAMOUR124.7558.912957,300 to 58,500
SUPER SPLENDOR124.775912155,350 to 54,500
PASSION XPRO10986811349,900 to 50,050
PASSION PRO I3S97.2848.211551,050 to 52,300
SPLENDOR ISMART 110109.15759.311551,600 to 52,300
PASSION PRO TR97847.711954,900 to 55,300
SPLENDOR ISMART97928.211052,400 to 53,250
SPLENDOR PRO CLASSIC97.2558.110952,500 to 53,500
SPLENDOR PRO97.2908.210948,400 to 49,300
SPLENDOR+97.2818.210946,600 to 49,200
HF DELUXE ECO97658.111243,290 to 44,500
HF DELUXE97837.711043,200 to 43,200
HF DAWN97837.710941,100 to 42,300
HF DELUXE I3S97.28.211044,240 to 45,200
DUET110.9458.3111545,000 to 46,500
MAESTRO EDGE110518.3110950,950 to 52,250
PLEASURE102636.9110147,300 to 48,600

News Related to Hero Motorcop:

Hero MotoCorp Revises BS6 Hero Splendor iSmart Prices

– April 17, 2020

Hero MotoCorp has increased the prices of the BS6 compliant Splendor iSmart with the motorcycle now priced at Rs.67,100 ex-showroom (Delhi). The motorcycle is powered by a 110cc single-cylinder engine which churns out 9bhp of power and 9.89Nm of peak torque. Compared to the BS4 version, the BS6 variant is about Rs.10,000 dearer. It also offers 10% more torque than the BS-IV version, revolutionary i3s technology for better fuel efficiency and performance. The BS6 Hero Splendor iSmart is available in three paint schemes: blue, red and grey. Other updates include a larger fuel tank, better lighting for the headlight. The company was the first in India to launch BS6 motorcycles through the Splendor iSmart. The i3s idle stop-start system switches off the engine and comes on when you press the clutch and puts the bike into a hibernation mode when you stop the motorcycle. The technology was introduced by the company in an effort to increase the fuel efficiency of the bike.

Hero MotoCorp Reveals BS6 Specs of Hero XPulse

– April 9, 2020

Ahead of its launch, Hero MotoCorp has revealed the specifications of the BS6 Hero XPulse. Apart from the obvious update of Fuel Injection (FI) to the motorcycle, the BS6 XPulse is powered by a 199.6cc single-cylinder engine which churns out 17.8bhp and 16.45Nm of torque, a slight decline in power figures compared to the outgoing BS4 model. The dimensions of the BS6 Hero XPulse is similar to the BS4 version, while the weight is now 156kgs compared to 153kgs of the BS4 Hero XPulse. The Hero XPulse in its BS6 iteration will be available in five different paint schemes: Matte Green, White, Panther Black and Sport Red in the Indian market. While there are no direct rivals to the Hero XPulse, the closest competitor in terms of the type of motorcycle is the Royal Enfield Himalayan.

Hero Launches BS6 Super Splendor in India

– March 2, 2020

Hero MotoCorp has launched the BS6 Super Splendor in India at Rs.67,300 ex-showroom (Delhi). The company recently launched three new vehicles – Hero Passion Pro, Hero Extreme 160R and the Hero Glamour. The new Super Splendor is powered by the BS6 single-cylinder 125cc unit which produces 10.74PS and 10.6Nm of torque which is mated to a 5-speed gearbox. The new BS6 Hero Super Splendor uses i3S technology as well. The Hero Super Splendor is based on a rigid diamond chassis and the front suspension travel has been increased by 15mm while the rear has been increased by 7.5mm. Also, the BS6 Super Splendor comes with a new 18-inch rear wheel for better road-grip. The motorcycle is available in both disc and drum variants. As for the features, the new Super Splendor BS6 gets new headlight, LED taillamp and alloy wheels. The motorcycle is available in four paint schemes – Glaze Black, Candy Blazing Red, Heavy Grey and all-new Mettalic Nexus Blue.

Hero MotoCorp Launches BS6 Glamour 125 in India

– February 24, 2020

India’s largest two-wheeler manufacturer Hero MotCorp has launched the BS6 Glamour 125 at Rs.68,900 ex-showroom (Delhi). The new BS6 Glamour 125 motorcycle now come with a diamond frame as compared to the tubular frame seen in the previous model. The BS6 Hero Glamour 125’s suspension has updated to offer more travel. The bike now comes with 100mm wider rear tyre, crawl function, a real-time mileage indicator and a start/stop system. The Hero Glamour BS6 version is powered by the 125cc single-cylinder unit which produces 10.8PS and 10.6Nm of torque. Also, the gearbox has been updated from 4-speed to 5-speed transmission. The bike is available in both drum and disc variants. The new Glamour 125 competes against the likes of Honda SP125 and the Bajaj Pulsar 125 in the Indian market.