Ola

Ola Electric Bikes

Ola Electric declared its advent stating that it is the future of mobility. Its main aim is to speed up the world’s transitioning journey to sustainable mobility. It has started with Ola S1 that starts from Rs. 1,00,000/- to Rs. 1,39,000/- in the Indian market.

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.

Types of Insurance to Buy for Ola Electric Two wheelers

Comprehensive Two wheeler Plan

Takes care of all expenses arising out of third party liability and damages, along with own damages pertaining to your Ola two wheeler.
Compensates for losses due to any man-made or nature related disasters or even theft.
In case of complete destruction of your two wheeler, you still get the complete current market value of your Ola two wheeler.

Third party insurance

Covers only third party expenses and personal injury.
Pay for only third party hospital expenses.
Payment of all 3rd party related liabilities.
Third party death cover for a pre-specified amount.

Ola Electric Two Wheelers Models

Ola S1 Pro Electric Scooter

Ola Electric Scooter

Ola S1 Scooter

Add-ons For Ola Electric Two wheelers

Zero depreciation Add-on: An add-on that offers the complete total of the claim minus any deductions.
NCB protection: This add-on correspondingly guards your NCB remunerations in the occasion of a claim.
Engine Cover Add-on: All that is related to swapping or renovating your two wheeler's engine is covered.
Passenger Add-on: Covers damage to a passenger on a two wheeler.
RTI Cover: In the occurrence of robbery or overall loss, you will obtain the complete sum specified on your two wheeler bill.
Roadside assistance Add-on: This add-on is very useful especially in an emergency when your two wheeler breaks down while you are on the move.

How to claim for Ola Electric Two wheeler Insurance?

Two-wheeler insurance claim in case of theft of Ola Electric Two wheeler

Go to your local police station to report the bike stolen and file an FIR

After the FIR has been submitted, call your insurance company. You should do this within a day or two and keep the policy number and registration information handy.

You will need to provide your insurance company with documents such as FIR copy, claim form, original bike key and loss report.

In the worst case, if the bike is not found, the insurance company will pay a compensation amount equivalent to the IDV of your bike.

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Own-damage two wheeler insurance claim for Ola Electric Two wheeler

Connect with your insurer within a day or two & notify them about the mishap.

File an FIR by going to the nearest police station.

Don’t move the two wheeler from the spot of accident without informing the insurer & the police.

The insurer will send an individual to conduct an appropriate examination at the spot of accident or garage to gauge the damage.

Depending on where your two wheeler is revamped, you’ll either get a cashless service or reimbursement. This is subjected to the network garages of the insurer.

Your claim amount will depend on your cover & repair expenses.

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Third party two wheeler insurance claim for Ola Electric Two wheeler

Notify the resident police about the accident.

File an FIR by visiting the nearest station as it’s mandatory in case of 3rd party insurance.

Contact your insurer in a day or two max.

Jot down the contact details of all the witnesses in your support.

Click photographs if possible as it will serve as an evidence.

Collect the other party’s insurance details.

Make a case registration under the special Motor Accident Claims Tribunal court. Ensure that the place where the accident took place falls under their jurisdiction.

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