Hero Electric Bike Two Wheeler Insurance

The series of Hero electric bikes are manufactured by Hero electric. We shall take Hero electric optima plus scooter as an example and reference, to understand the other models. The greatest convenience the Hero electric bikes offer is they do not need a registered number plate. Here’s a quick list of some splendid aspects of the Hero electric bike, especially Hero electric optima plus. Two wheeler insurance is mandatory in India.

Top Bike Insurance Plans in December 2024

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Reliance General Insurer

Amount Covered: ₹ 1 Lakh

Deal Price: ₹ 2,094 / Year

Waiting period: 4 yrs

Disclaimer: The above mentioned prices are for a 2 year old Hero Honda Karizma R 223 CC, registered in Navi Mumbai & previous policy has expired.

How to buy/renew Hero Electric bike Insurance?

Visit official website of coverfox.com
Click on bike
Enter your bike number and policy expiry date
If you are not sure of bike number, enter the bike name, bike registration RTO and previous policy expiry date
In case if you have bought a new bike, click on bought a new bike and enter bike model and variant
Click on view quotes
Check on premium, coverage and other details
Enter bike owner details like name, email address, nominee name, date of birth, etc
Enter communication address and vehicle details
Make the payment and get policy instantly

3 Types of Two Wheeler Insurance Policies for Hero electric bike

Comprehensive insurance policy

A comprehensive plan offers payment for a wide range of 3rd party related damages & even injuries. This goes for your own damages & injuries as well.
Even expenses resulting due to man-made activities along with natural calamities & even theft is paid for in this policy.
If someone steals your Hero electric bike or completely causes damage to it, this plan will ensure that you are compensated for the same as per bike’s total market worth.

Third party insurance plan

Compensates for only liabilities, injuries or damages related to 3rd party.
Compensates only for third party related hospitalization costs due to an accident
Compensates only for third party legal liabilities.
Offers compensation in case of the sad demise of the third party due to an accident.

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Add-ons

Zero Dep Rider Add-on: An add-on plan offering the entire claim money amount wholly side-stepping any deductions.
NCB protection Add-on: Even if the bike policyholder proceeds with claim filing, this add-on rider fully safeguards his or her No Claim Bonus providing potential discount.
Engine Cover Rider: Anything pertaining to the engine parts’ replacement or even engine repairing work of the Hero electric bike is covered by this rider.
Passenger Protection rider: Compensates a certain amount in case the person behind you gets injured & needs to be taken to the hospital for treatment.
RTI Rider Cover: If a person conducts theft on your electric bike or demolishes it greatly, this cover provides you with a full amount as your bike’s complete invoice value,
Roadside assistance Add-on: This add-on becomes a big rescuer in case a person faces an emergency situation on the road and needs quick assistance.

What is covered under Hero Electric Bike Insurance?

Fire & explosion

Covers damages caused to the bike in case of fire and explosion

Theft

Covers total cost of your vehicle in case of theft

Accidents

Damages caused due to accident are covered

Natural and man-made calamities

Natural disasters like flood, storms or man-made calamities like vandalism, terrorist attack, etc are covered

Personal Accident

Provides coverage in case of death or disability caused due to an accident

What’s not covered under Hero Electric Bike insurance?

Wear & tear

Normal wear & tear of the scooter is not covered

Electrical or mechanical breakdown

Electrical or mechanical breakdown of the scooter is not covered

Riding outside geographical limit

Riding the scooter and causing damages outside geographic limit is not covered

Riding in intoxicated state

Riding under the influence of drugs or alcohol is not covered

Policy inactivation

Claiming for damages during the time when policy is inactive

Illegal activity

Using the scooter for any illegal activity and claiming for damages

No driving license

Riding without a valid driving license and not abiding by the traffic rules is illegal

How to claim for Hero Electric Bike Insurance?

Two-wheeler insurance claim in case of theft of Hero Electric Bike

Your beginning step should be registering a First Information Report by visiting the closest police station.

Once you’re done with the first step, connect with your insurance policy company within 2 days keeping your registration info & policy details handy.

After the second step, make a submission of a series of documents like First Information Report copy, form of claim filing, bike keys & reports of zero trace to your respective insurance company.

If your Electric bike is not found anywhere, your insurance organization will compensate through a claim price that is in equilibrium with your electric bike’s current IDV.

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Own-damage two wheeler insurance claim for Hero Electric Bike

Your first step involves quickly informing the insurance agent or company & giving details about the accident within two days.

Your step involves filing the first info report at the police station located close by.

Your third step is to keep your Hero electric bike where it is without moving it away from the accident location.

After all of this, the insurer will send an inspection officer either at the accident location or garage to thoroughly assess all the damages or losses.

The next step involves either receiving a cashless repair service or reimbursement.

The amount processed via the claim filing will be dependent on factors like coverage type of your base plan and cost of repair.

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Third party two wheeler insurance claim for Hero Electric Bike

Inform the local police about the accident.

In 3 rd party cases an FIR is obligatory.

Connect with your insurance agent or company within 2 days.

Ask the witnesses in your favour to provide their contact info.

Click some pics from your phone as evidence.

Don’t forget to take down the entire insurance info of the 3 rd party person.

Filing of a proper case in the special Motor Accident Claims Tribunal court would then follow.

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Add-Ons for Your Hero Electric Bike Insurance

Zero Depreciation Cover

No Claim Bonus Cover

Emergency Roadside Assistance

Return to Invoice

Daily Allowance Benefit

EMI Protection

Engine Protection Cover

Key Specifications of Hero Electric Bike

Highlights	Specifications
Charging duration	6-8 hrs
Voltage	48 V
Batteries	Sealed lead acid, 48 v 20 AH
Power	< 250 w ps
Range/Autonomy	70km

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List Price of Variants of Hero Electric Bike

VARIANT	PRICE
Hero Electric Optima CX	62,365 onwards
Hero Electric Photon	80,950 onwards
Hero Electric Flash	59,594 onwards
Hero Electric NYX HX	77,715 onwards
Hero Electric Atria	71,867 onwards
Hero Electric Photon	₹74,471 - ₹76,471
Hero Electric Cruz	₹37,390 - ₹38,390
Hero Electric E Sprint	₹39,190 - ₹40,190
Hero Electric Maxi	₹34,424 - ₹35,224
Hero Electric Nyx	₹67,432 - ₹69,432
Hero Electric Optima Plus	₹51,440 - ₹52,440
Hero Electric Wave	₹39,390 to ₹42,700
Hero Electric Zippy	₹19,300 - ₹19,800

Frequently Asked Questions

Q. How much does the Hero Electric Bike weight?
- On an average it weighs 69 kgs
Q. What’s the fuel type of the Hero Electric Bike?
- Electric.
Q. Does the Hero Electric Bike have tubeless tires?
- No, it doesn’t contain tubeless tires.
Q. What is Hero Electric Bike’s on-road price as of the year 2022?
- The on-road price for most Hero Electric Bikes in various metropolitan cities ranges from 60,000 to 80,000 depending on the model or variant you choose.