Karizma Bike Two Wheeler Insurance

Being a flagship offering from the stable of Hero MotoCorp, Karizma is designed to have looks that substantially distinguish it from its siblings. With a flared side profile that aids aerodynamic characteristics and a taller tail section, the bike is meant to look aggressive while being practical in order to cope with Indian riding conditions.

Karizma made its debut back in 2003 when it was touted as the first semi-faired motorcycle in the country. After the launch of Karizma in 2003, it underwent changes in performance released as Karizma R, and then again in 2009, it was upgraded as Karizma ZMR with changes in cosmetic and performance. Bike insurance is mandatory in India.

Top Bike Insurance Plans in November 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 Motocorp Karizma 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

Types of Insurance to Buy for Karizma Bike

Comprehensive Two Wheeler Insurance

Takes care of the finances required in case of complete bike damage depending on the plan’s terms & conditions.
Takes care of any costs involved in case of damages due to man-made actions, thefts & natural calamities.
Takes care of your own losses & damages along with the third party’s losses & damages.

3rd party Two Wheeler Insurance

Takes care of costs involved pertaining to only third party damages, losses & injuries.
Takes care of costs involving legal liabilities pertaining to the third party.
Provides a sum amount if the third party individual passes away due to an accident.

Add-ons

Nil Dep Rider: A highly recommended rider that protects your full claim amount completely jumping the claim deductions.
NCB Rider Add-on: Another highly recommended rider protecting your renewal discount even if you have a non-claim free year.
Engine Protection Rider: Covers the risk of engine damages due to flooding, water-logging or even vandalism in a risk prone area.
Passenger Protection: Covers the risk of any passenger sitting behind you on your bike, ensuring his or her safety.
RTI Policy Rider: Covers the risk of complete damage or loss beyond repair by offering you a lump sum amount equal to the invoice value.
Roadside Assistance Add-on: For any type of emergency situations that you might face while riding your bike, for e.g. Flat tire or breakdown, this ride helps you with getting assistance.

Add-Ons for Your Hero Motocorp Karizma Insurance

Zero Depreciation Cover

No Claim Bonus Cover

Emergency Roadside Assistance

Return to Invoice

Daily Allowance Benefit

EMI Protection

Engine Protection Cover

What is covered under Hero Motocorp Karizma 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 Motocorp Karizma 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 Karizma Bike Insurance?

Two-wheeler insurance claim in case of theft of Karizma Bike

Kick off by making a registration of a fresh First Information Report at any nearby police station.
Call up the agent or insurer & keep all policy docs handy. Do this within 2 days.
Deliver docs like the report of FIR, No trace report, claim doc & bike keys to the insurance organization.
For total loss, you’ll get a lump sum amount that equals the bike’s current IDV.

Own-damage two wheeler insurance claim for Karizma Bike

Call up the agent or insurer & keep all policy docs handy. Do this within 2 days.
Then kick off by making a registration of a fresh First Information Report at any nearby police station.
Keep the vehicle where it is unless & until you contact the insurer.
Then the insurer will calculate the damages or losses via a proper examination.
You’ll then either receive an amount as reimbursement or you can go for the cashless network garage services.

Third party two wheeler insurance claim for Karizma Bike

Kick off by making a registration of a fresh First Information Report at any nearby police station.
Call up the agent or insurer & keep all policy docs handy. Do this within 2 days.
Collect witnesses’ data who were present at the spot.
Take a few clicks which can act as evidence.
Write down all the car or bike insurance policy specifics of the 3rd party.
File a case in the special Motor Accident Claims Tribunal court.