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The Ampere Magnus Grand is an electric scooter that will appeal to riders who want a very efficient, environmentally friendly and comfortable mode of transport. Its electric motor that runs without friction, roomy seat and modern exterior make the Magnus Grand an excellent vehicle that you can enjoy riding and have very low running costs. It can sufficiently handle your daily city traffic needs as well as your outings in the nearby areas.
Since it is an electric scooter, you cannot avoid financial responsibilities when you own an Ampere Magnus Grand. These include insuring the scooter against accidents, theft, and natural disasters, as well as third-party liability insurance. Apart from being a legal requirement in India, having a valid bike insurance policy also gives you confidence and comfort to ride your scooter.
Damages or losses to your Ampere Magnus Grand due to accidents.
Third-party injury, death, or property damage caused by your scooter.
Damages due to natural calamities such as floods, storms, earthquakes, etc.
Damages caused by man-made calamities like riots or vandalism.
Losses due to fire, explosion, or self-ignition.
Total loss or theft of the insured vehicle.
Damages while riding without a valid Driving License.
Electrical or mechanical breakdown not caused by an accident.
Regular wear and tear of parts, including battery degradation over time.
Damages caused while riding under the influence of alcohol or drugs.
Losses arising from reckless or negligent riding.
Damages occurring outside the geographical limits specified in the policy.
Below is a table showing the Ampere Magnus Grand bike insurance price, starting from ₹2,466 onwards, depending on the selected variant, Insured Declared Value (IDV), and coverage type.*
* These prices are exclusively for ACKO customers.
Note: All plans include 1-year Own Damage and mandatory Third-Party coverage as per IRDAI regulations.
Insurance premiums may vary based on location, add-ons selected, and applicable No Claim Bonus (NCB).
According to Indian laws, a third-party bike insurance is a legal requirement. It takes care of the legal and financial liabilities arising from third-party injuries, death, or their property damage when you cause an accident in your scooter. But it doesn't protect your Ampere Magnus Grand from damages.
A complete bike insurance policy gives you more extensive coverage. In addition to covering your third-party liabilities, it also safeguards your electric scooter against losses from accidents, fire, theft, natural calamities, riots, and vandalism. This is the level of protection recommended if full security is your main concern.
You can enhance your comprehensive policy with the following add-ons:
Get a claim payout for the full cost of your parts replacement without any deduction for depreciation.
Is a legal requirement. Offers you financial assistance if the rider dies or becomes permanently disabled.
In the event of an accident, if the pillion rider dies or suffers permanent disability, the cover provides compensation up to ₹2 lakh.
This cover will pay you the original invoice value if your scooter is completely damaged or stolen. It will not deduct the depreciation of the current market value.
Will cover the cost of repairing/replacing the helmet that gets damaged (up to ₹1, 000) in an accident.
Will take care of the costs of consumables like nuts, bolts, lubricants, and other such materials which are used during repairs.
Offers you with emergency services such as towing, battery support, tyre replacements, and minor repairs on the spot.
Below are the detailed advantages of purchasing your bike insurance online with ACKO:
Whether you need to buy a new policy or file a claim, you can do it anytime online from anywhere.
No paperwork or physical visits, everything is completed online in minutes.
Compare multiple two-wheeler insurance plans, coverage features, and add-ons to find the best fit for your needs.
Renew your policy online quickly and conveniently.
Get comprehensive coverage at competitive premium rates.
Experience a fully paperless insurance process.
File and track claims digitally with minimal documentation.
With ACKO’s digital-first strategy, claims are processed and settled quickly.
From buying to managing your policy, everything can be done online.
Earn up to 50% discount on your renewal premium for maintaining a claim-free record.
Step 1: Go to the top of this page and click on “Check prices.”
Step 2: Enter your scooter’s make/model and mobile number, then click “View Plans.”
Step 3: Choose your preferred insurance plan and click “Continue.”
Step 4: Select add-ons if needed and proceed.
Step 5: Enter your details and vehicle chassis number, then make the online payment to get instant policy issuance.
Step 1: Scroll up to this page or open the ACKO app.
Step 2: Enter your vehicle number and choose the insurance plan.
Step 3: Provide scooter details like registration year, model, and policy status.
Step 4: Choose the appropriate plan and IDV.
Step 5: Select add-ons for enhanced protection.
Step 6: Enter personal details and complete the payment for instant renewal.
Filing a cashless claim with ACKO is quick and digital:
Step 1: Log in to your ACKO account via the website or mobile app.
Step 2: Go to your policy dashboard and click on “Claim.”
Step 3: Answer a few questions about the damage, upload clear images of your scooter, and submit your request.
Once verified, ACKO will process and settle your cashless claim at a network garage.
Frequently Asked Questions On Ampere Magnus Grand Bike Insurance
Yes, at least third-party insurance is compulsory as per Indian law.
It is advisable to go for a comprehensive plan as it not only covers third-party liabilities but also covers your own damages.
The premium is influenced by IDV, place of residence, selected add-ons, and No Claim Bonus (NCB).
Yes, the insurance policy may be transferred after the ownership change has been legally done.
Keep getting a good NCB, add only those that are necessary, and go for voluntary deductibles to keep your premium low.