Ather Bike Insurance

Electric bikes are no longer just at a concept level. People are zooming around on these bikes in urban locations. They blend easily and that is why it is difficult to distinguish between an electric bike and fuel-driven bike based on one glance. Electric bikes are stylish, eco-friendly, and convenient. Ather is a prominent brand that offers electric bikes. If you are interested in it, make sure to buy Ather Bike Insurance. This article will guide you regarding various aspects of a wide-ranging bike insurance policy.

The inclusions of a bike insurance policy convey the instances where your insurance cover will pitch in and help you out. There is a possibility that the inclusions might differ in case of different policies offered by insurers. Thus, it is better if you check them out by going through the Policy Wordings. The following list of inclusions is for a Comprehensive Plan for Ather two-wheeler insurance.

Exclusions are the opposite of inclusions. As in, they are situations where the policy shall not cover your losses. You need to read the policy’s exclusions before buying the plan and prior to raising a claim. The instance for which you plan to raise a claim should not be a part of the policy’s list of exclusions. Here are some major exclusions of a Comprehensive Plan.

Here’s a list of popular add-ons for your Ather bike.

This add-on is for the person seated behind you on your bike. You can get a Personal Accident Cover for the Pillion Rider by buying this add-on.

Wear and tear of the bike’s parts reduce their value. This is taken into consideration during claim settlement. But with Zero Depreciation for bike, depreciation shall not be factored and you will receive a better claim amount.

This add-on ensures that your accumulated renewal bonus stays unaffected. Thus, if you want to raise a claim, you can and it will not hamper the bonus.

Other options for add-ons include Roadside Assistance, Consumables Cover, Lost Key Cover, etc. You can find the available add-ons on the insurer’s website.

The claim process for an electric bike is like that of a fuel-driven bike. Whether it is a digital insurer or a traditional one, the basics remain the same. The convenience associated with it can vary. For example, in the case of a digital insurer, you can raise a claim online. Whereas in case of a traditional insurer, you might be required to fill forms offline. Here are the basic steps involved in a bike insurance claim settlement process.

Step 1: Get in touch with the insurer and inform the company about the incident for which you plan to raise a claim.

Step 2: The insurer will verify your policy details and check if the policy covers the mentioned incident. For that, they might ask you certain questions and request some documents. Comply with such requests.

Step 3: An executive should be assigned to handle your claim. The executive might inspect the bike for damages at the accident spot, your residence, or at the garage and discuss the repair cost with you and the garage.

Step 4: Depending on whether you have opted for a Cashless or a Reimbursement process, the claim process will move forward.

Step 5: Bike shall be repaired and the repair bill shall be settled as per the chosen claims method and the policy’s terms and conditions.