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
- Why you should insure your Hero bike?
- Good-to-Have Insurance Add-ons for Hero Motocorp Bikes
- Things a Two Wheeler Insurance Covers For Any Hero Motocorp Bike
- Things a Two Wheeler Insurance Does Not Cover For Any Hero Motocorp Bike
- Questions you might ask about Hero Insurance
- How can I renew my Hero Insurance online?
- The two wheeler insurance of my Hero Super Splendor bike has already expired. Is vehicle inspection mandatory?
- Is an online insurance policy valid for two-wheelers?
- Single-year or Mutli-year: what’s better in case of Hero insurance?
- How do I get no-claim bonus at the time of renewal?
- How much more do I need to pay for comprehensive two wheeler insurance?
- Questions you might ask about Hero Insurance
- Models Manufactured by Hero: Which One Do You Ride?
- News Related to Hero Motocorp:
- Hero MotoCorp Lists BS6 Hero XPulse 200 on its Official Website
- Two-wheeler Sales Confirm Recovery in June
- Hero MotoCorp Launches BS6 Xtreme 160R in India
- Hero Motocorp Increased The Ex-showroom Price Of BS6 Hero Pleasure Plus
- Hero MotoCorp Hikes BS6 Hero Passion Pro Prices
- Hero MotoCorp Revises BS6 Hero Splendor iSmart Prices
- Hero MotoCorp Reveals BS6 Specs of Hero XPulse
- Hero Launches BS6 Super Splendor in India
- Hero MotoCorp Launches BS6 Glamour 125 in India
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]
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.
- 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.
- 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.
- 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.
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 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%|
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.
Models Manufactured by Hero: Which One Do You Ride?
|Engine CC||Mileage(kmpl)||BHP||Weight (Kg)||Price Range (in Rs.)|
|KARIZMA ZMR||223||48||20||157||1,00,050 to 1,00,150|
|KARIZMA||223||48||19.2||154||85,230 to 86,400|
|XTREME SPORTS||149||48||15.6||146||72,300 to 73,500|
|XTREME||149||50||14.2||145||95,500 to 96,000|
|HUNK||149||53||14||146||72,360 to 73,500|
|ACHIEVER||149||13||138||62,500 to 63,800|
|IGNITOR||125||55||11||129||62,300 to 63,500|
|GLAMOUR PROGRAMMED FI||125||72||9||129||67,050 to 68,100|
|GLAMOUR||124.7||55||8.9||129||57,300 to 58,500|
|SUPER SPLENDOR||124.7||75||9||121||55,350 to 54,500|
|PASSION XPRO||109||86||8||113||49,900 to 50,050|
|PASSION PRO I3S||97.2||84||8.2||115||51,050 to 52,300|
|SPLENDOR ISMART 110||109.15||75||9.3||115||51,600 to 52,300|
|PASSION PRO TR||97||84||7.7||119||54,900 to 55,300|
|SPLENDOR ISMART||97||92||8.2||110||52,400 to 53,250|
|SPLENDOR PRO CLASSIC||97.2||55||8.1||109||52,500 to 53,500|
|SPLENDOR PRO||97.2||90||8.2||109||48,400 to 49,300|
|SPLENDOR+||97.2||81||8.2||109||46,600 to 49,200|
|HF DELUXE ECO||97||65||8.1||112||43,290 to 44,500|
|HF DELUXE||97||83||7.7||110||43,200 to 43,200|
|HF DAWN||97||83||7.7||109||41,100 to 42,300|
|HF DELUXE I3S||97.2||8.2||110||44,240 to 45,200|
|DUET||110.9||45||8.31||115||45,000 to 46,500|
|MAESTRO EDGE||110||51||8.31||109||50,950 to 52,250|
|PLEASURE||102||63||6.91||101||47,300 to 48,600|
Hero MotoCorp Lists BS6 Hero XPulse 200 on its Official Website
– July 8, 2020
Hero MotoCorp, India’s largest two-wheeler manufacturer, has listed the upcoming BS6 Hero XPulse 200 on its website. Apart from this standard model, the BS6 XPulse 200T has also been listed on the website. Through the listing, the company has revealed the specifications of the BS6 XPulse 200. The entry-level adventure motorcycle from the stable of Hero MotoCorp draws power from a 199cc (BS6 compliant) single-cylinder petrol engine which is capable of producing a maximum power of 17.5hp and a peak torque of 16.45Nm. With the change of BS6 standard, the BS6 XPulse 200 now features an oil-cooled engine compared to the BS4 model. As for its braking specifications, the BS6 avatar of the Hero XPulse 200 features disc brakes at both ends along with single-channel ABS. While the motorcycle features a telescopic suspension at the front, there is a mono-shock suspension at the rear. Among other features, the bike comes with a LED headlight, a handlebar protector, a small windshield, etc.
Two-wheeler Sales Confirm Recovery in June
– July 3, 2020
The ongoing COVID-19 pandemic had affected the two-wheeler industry severely. April 2020 saw almost negligible two-wheeler production and sales, as the manufacturing plants, corporate offices and dealerships were shut due to the Lockdown and Social Distancing measures implemented against the spread of the novel Coronavirus. However, June’s sales figures show an encouraging sign for the two-wheeler industry. The data suggests that the sales figures are moving towards normalcy. Hero MotoCorp topped the industry’s sales charts and sold more than 4.5 lakh two-wheelers, including bikes and scooters, in June 2020. This figure in May stood at 1,12,682 units. Therefore, there has been a considerable amount of growth. Following Hero MotoCorp, Bajaj Auto manufactured more than 2.5 lakh units in June 2020. Honda Motorcycle and Scooter India (HMSI) recorded sales of more than 2 lakh units and TVS Motor Company recorded sales of 1,91,076 units in June 2020.
Hero MotoCorp Launches BS6 Xtreme 160R in India
– July 1, 2020
Hero MotoCorp, India’s largest two-wheeler manufacturer, has launched the BS6 avatar of the Xtreme 160R motorcycle in India. Prices start from Rs. 99,950 ex-showroom (Delhi). The motorcycle is powered by a BS6 compliant 163cc single-cylinder engine that is capable of producing a maximum power of 15bhp and a peak torque of 14Nm. The company states that the BS6 Hero Xtreme 160R can reach from 0-60kmph in 4.7 seconds and weighs 138kgs. The bike is available in two options: front disc with single-channel ABS and front and back disc brakes with single-channel ABS, the latter is priced at Rs.1,03,500. The naked sports bike features LED lighting all around and the headlight includes DRLs and LED lighting. Also, the motorcycle comes equipped with side stand engine cut-off. Additionally, it includes an inverted LCD digital display instrument console. The new Hero Xtreme 160R features a rigid diamond frame. The motorcycle comes with a 276mm disc brake at the front and a 220mm at the rear. The Hero Xtreme 160R will compete with the likes of TVS Apache RTR 160V, Yamaha FZ 3.0, Suzuki Gixxer and the Bajaj Pulsar 150.
Hero Motocorp Increased The Ex-showroom Price Of BS6 Hero Pleasure Plus
– June 11, 2020
The sheet metal variant of BS6 Hero Pleasure Plus will now sport a price tag of Rs. 55,600 and the alloy wheel variant will be sold for Rs. 57,600. The price hike is not much when compared with the advantages provided by the BS6 emission norms. Apart from adhering to the BSVI emission requirement, the 110.9cc engine scooter promises a mileage of 60kmpl. It will come with company-fitted tubeless tyres and can run at a power of 8 BHP at 7000 RPM. Around 8.7 Nm of torque can produce 5500 RPM. BS6 Hero Pleasure Plus has a solid drum-type braking system. As per the Bharat Stage Emission Standards, all manufacturers are mandated to sell only vehicles that have BSVI emission norms. Vehicles with BSV or below were not supposed to be sold from 1st April 2020. This triggered a price hike on vehicles from most major brands including Honda for its Activa 125 and Activa 6G, followed by Bajaj, TVS, and now Hero MotoCorp.
Hero MotoCorp Hikes BS6 Hero Passion Pro Prices
– May 12, 2020
Hero MotoCorp has hiked prices of the recently launched BS6 Hero Passion Pro. The bike was launched with a price tag of Rs.64,990; however, the prices have been increased to Rs.65,740. The new BS6 version of the Passion Pro receives power from the new 110cc single-cylinder engine which produces a maximum power of 9.02hp and a peak torque of 9.79Nm. The bike also comes equipped with the company’s popular i3S technology to increase the mileage of the motorcycle, which is essentially an idle start-stop technology that cuts off power when the bike is engaged in neutral and the clutch is free thereby increasing the fuel efficiency of the engine.
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.