Ampere Magnus Grand Bike Insurance

Get your Ampere Magnus Grand in a simple and hassle-free way!

Bike insurance starting at ₹555*

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Home / Two-wheeler Insurance / Ampere Magnus Grand

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.

Model Specifications of Ampere Magnus Grand
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Specification

Details

Motor Type

Electric hub motor

Battery Type

Removable Lithium-ion battery

Transmission

Automatic

Fuel Type

Electric

Range

Approx. 60–70 km per charge (claimed)

Braking System

Front & Rear Drum Brakes

Body Type

Electric Scooter

Charging Time

Approx. 4–5 hours

Instrument Cluster

Digital display

Inclusions and Exclusions of Ampere Magnus Grand Insurance
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What’s Covered in Ampere Magnus Grand Insurance (Inclusions)
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  • 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.

What’s Not Covered in Ampere Magnus Grand Insurance (Exclusions)
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  • 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.

Ampere Magnus Grand Bike Insurance Price
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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.*

Scooter Variant

Third-Party Plan 

Comprehensive Plan

IDV

Ampere Magnus Grand Standard

₹2,466

₹3,123

₹50,000

* 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).

Types of Insurance Plans for Ampere Magnus Grand
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Third-Party Bike Insurance Policy
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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.

Comprehensive Bike Insurance Policy
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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.

Add-On Cover Options for Ampere Magnus Grand Bike Insurance
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You can enhance your comprehensive policy with the following add-ons:

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Zero Depreciation Cover
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Get a claim payout for the full cost of your parts replacement without any deduction for depreciation.

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Personal Accident (PA) Cover
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Is a legal requirement. Offers you financial assistance if the rider dies or becomes permanently disabled.

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Pillion Rider Cover
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In the event of an accident, if the pillion rider dies or suffers permanent disability, the cover provides compensation up to ₹2 lakh.

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Return to Invoice (RTI) Cover
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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.

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Helmet Protect Cover
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Will cover the cost of repairing/replacing the helmet that gets damaged (up to ₹1, 000) in an accident.

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Consumables Cover
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Will take care of the costs of consumables like nuts, bolts, lubricants, and other such materials which are used during repairs.

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24/7 Roadside Assistance
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Offers you with emergency services such as towing, battery support, tyre replacements, and minor repairs on the spot.

Why Choose ACKO for Ampere Magnus Grand Insurance?
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Below are the detailed advantages of purchasing your bike insurance online with ACKO:

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24x7 Access
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Whether you need to buy a new policy or file a claim, you can do it anytime online from anywhere.

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Saves Time
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No paperwork or physical visits, everything is completed online in minutes.

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Compare and Buy
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Compare multiple two-wheeler insurance plans, coverage features, and add-ons to find the best fit for your needs.

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Easy Renewal
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Renew your policy online quickly and conveniently.

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Affordable Premiums
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Get comprehensive coverage at competitive premium rates.

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Zero Paperwork
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Experience a fully paperless insurance process.

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Stress-Free Claims
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File and track claims digitally with minimal documentation.

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Instant Claim Settlement
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With ACKO’s digital-first strategy, claims are processed and settled quickly.

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Total Convenience
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From buying to managing your policy, everything can be done online.

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No Claim Bonus (NCB) Benefits
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Earn up to 50% discount on your renewal premium for maintaining a claim-free record.

How To Buy New Ampere Magnus Grand Insurance Online from ACKO
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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.

How to Raise a Cashless Claim for Bike Insurance Online
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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
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Frequently Asked Questions On Ampere Magnus Grand Bike Insurance

FAQs

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1. Is insurance compulsory for Ampere Magnus Grand?

Yes, at least third-party insurance is compulsory as per Indian law.

2. What type of insurance is suitable for Ampere Magnus Grand?

It is advisable to go for a comprehensive plan as it not only covers third-party liabilities but also covers your own damages.

3. What are the key factors that determine the amount of Ampere Magnus Grand insurance premium?

The premium is influenced by IDV, place of residence, selected add-ons, and No Claim Bonus (NCB).

4. Is it possible to transfer insurance on buying a used Ampere Magnus Grand?

Yes, the insurance policy may be transferred after the ownership change has been legally done.

5. What are the ways to lower my Ampere Magnus Grand insurance premium?

Keep getting a good NCB, add only those that are necessary, and go for voluntary deductibles to keep your premium low.

Nikhila PS profile avatar

Written by

Nikhila PS

Senior Content Editor

Rekhit Singh Kaushal profile avatar

Reviewed by

Rekhit Singh Kaushal

Senior Director - Motor Underwriting