Triumph Bonneville T120 Bike Insurance

1. What is online bike insurance? Is it safe to insure my Triumph Bonneville T120 online?

Online insurance for your bike is safe and reliable. ACKO is a digital-first insurer, registered by the Insurance Regulatory and Development Authority (IRDAI) to offer online vehicle insurance plans in the Indian market. Be it buying, renewing insurance policies to filing a claim against your policy, the entire journey is online, eliminating paperwork and middlemen. By reducing our operational costs through 100% digitisation, we are able to provide low-premium bike insurance. You can transact directly with ACKO by visiting our website or through the ACKO app by answering a few simple questions.

2. Which is the best bike insurance plan for the Triumph Bonneville T120?

For an exhaustive coverage for your Bonneville T120, consider the Comprehensive Bike Insurance plan. The comprehensive plan provides financial protection against liabilities arising due to accidental damages, theft of your bike or losses due to natural or man-made calamities. Furthermore, it comes bundled with the mandatory Third-party Bike Insurance policy. You can also opt for useful add-ons to enhance the standard comprehensive plan.

3. What is the process to renew insurance for my bike?

ACKO’s online renewal procedure is simple and easy. Visit our website or download our app, log in with your mobile number, select the policy and click to renew. If you are planning to switch to ACKO, visit our website or download the app, enter a few details of your bike, choose the plan, include add-ons if required, pay the premium and receive the policy document via email.

4. What will be the cost of the insurance for the Triumph Bonneville T120?

There are essential factors which are required to determine the insurance cost for the bike. The age of the bike, the location, the value of the bike, etc., are some of the factors that you need to enter on the website or app to arrive at the insurance cost. You can then select the plan suitable for your vehicle, pay the premium and get the policy document via email.

5. Can I buy the mandatory Third-party cover and skip the Comprehensive cover to reduce the annual premium?

While the Third-party cover is mandatory, it is the Comprehensive Bike Insurance which offers financial protection against accidental damages or losses to your bike. Additionally, it offers coverage against theft of your bike or damage due to fire, flooding or man-made calamities. You can also choose from various add-ons to increase the coverage of the plan.

6. What are the mandatory documents required to insure the Triumph Bonneville T120?

There is no paperwork involved while buying, renewing the policy or while raising a claim with ACKO. Our processes are 100% online. Enter a few details of your bike, select the plan and optional add-ons, pay the insurance premium and receive the policy to your email account instantly.

7. Which are the best add-ons to increase the coverage for my Triumph Bonneville T120?

Choose the add-ons which suit your needs. For example, by including the Personal Belongings add-on cover, you will get coverage against damages or losses to your personal property such as your helmet. If the helmet is damaged in an accident, then you get paid as per the sum insured of the add-on cover. There are add-ons such as NCB Protection, Zero Depreciation, Roadside Assistance, among others which you can consider.

8. What are the mandatory documents required to file a claim against my policy?

You need not fill any paperwork with ACKO. Use our mobile app or visit our website, login to your account, select the plan and click on ‘Claim Now’ to file the claim. We offer an instant settlement for minor damages such as a dent on the tank, broken rearview mirror, etc. You can get the bike fixed at a garage of your choice. As for major damages, our insurance experts will guide you through the next steps after you file the claim.

9. What is the correct Insured Declared Value (IDV) for Triumph Bonneville T120?

In case your bike is damaged beyond repair, or it is stolen, then you get the IDV stated in the policy. Since IDV in bike insurance is an important factor, ensure you set the value which is as per the current market value. By choosing a higher IDV, the premium higher; however, if you reduce the IDV, despite a lower premium, you will receive a lower compensation in case of a total loss.

10. What is the insurance cost of Triumph Bonneville T120 in Bengaluru?

The insurance cost depends on a few details of your bike. They are age, value, the location of the bike, etc. Visit our website or scroll up to the top of the page to enter a few details of your bike and get it an insurance quote. You can proceed to buy the policy and insure your bike instantly.