Bike Insurance 417 views April 14, 2021

TVS Motor is one of the largest two wheeler manufacturers in India and was the first company to launch an ABS Motorcycle (TVS Apache) and also the first 2-seater Moped in the country. Not only the TVS Two wheelers are impressive, but also their insurance plans. With the TVS Two wheeler insurance, you can protect your finances from any damage or losses incurred to your bike due to an accident.

If you have a TVS Two wheeler and want to get insurance for the same, this page could help you regarding the same. Here, we will discuss types of TVS Two Wheeler insurance, insurers, claim process, number of network garages, etc. Keep reading to know more!

Types of TVS Two Wheeler Insurance in India

Before getting the TVS Two Wheeler Insurance, it is important to know its types that insurers provide in India. Insurance companies mainly offer two types of Two Wheeler insurance – Third-party Liability Insurance and Comprehensive Insurance. You can choose according to your coverage requirement.

We are providing details about both these types of TVS Two Wheeler Insurance below. Have a look!

TVS Third-Party Liability Insurance

It is one of the most common bike insurance plans that TVS bike owners choose. Also, as per the Motor Vehicle Act, 1988, it is mandatory to have valid bike insurance. Driving without it is a punishable offense according to the law. Third-party liability TVS insurance provides coverage against liabilities caused to a third party (person or property or vehicle).

This type of insurance also provides coverage for accidental bodily injuries to a third-party person including his/her death.

Exclusions Under TVS Third-party Liability Insurance

You will not get any coverage for your damage or loss if a claim arises due to the following reasons.

  1. If you are using your TVS bike as a commercial vehicle.
  2. If the owner is driving under the influence of drugs or alcohol
  3. If the driver is driving the bike without a valid driving license

TVS Comprehensive Insurance

TVS Comprehensive insurance can be suitable for those individuals who want to get coverage for damage or losses caused to a third party as well as the damage arising from natural calamities, theft, burglary, during travel, etc. You can also choose personal accident coverage by paying an additional premium over and above the basic policy.

TVS Comprehensive insurance provides coverage if the damage is caused due to the following instances.

  1. Fire, Explosion, Lightning, Self-lighting, etc.
  2. Riot or strike
  3. Theft, burglary or housebreaking
  4. Natural or manmade disasters
  5. In case of an accident caused by external damage
  6. Malicious Acts
  7. Terrorist activities
  8. Landslide or Raodslide

You will not get any coverage under TVS Comprehensive insurance in case of damage or losses incurred due to the following reasons.

  1. Regular wear and tear to your TVS Vehicle
  2. Mechanical or electrical breakdown
  3. Damage incurred during commercial usage of the TVS Vehicle
  4. Driving without a valid driving license
  5. Consequential losses
  6. Driving under the influence of drugs and alcohol
  7. Claims arising out of contractual liability
  8. Damages due to nuclear weapons, warlike operations, rebellion, etc.

Top Insurance Companies Providing TVS Insurance in India

The below table can help you get all the necessary information regarding the top insurance companies providing TVS Insurance in India such as benefits, add-ons, network garages, etc. Please check!

TVS Insurance ProviderKey FeaturesTVS Two Wheeler Models CoveredAdd-onsNetwork Garages
Go Digit TVS Insurance

  1. Smartphone-enabled self-inspection

  2. Cashless repair

  3. Average turn-around-time for Two Wheeler claims of 11 days

  4. 24*7 support

  5. High Insured Declared Value (IDV) per rupee

  6. Easy buying and renewal process


  1. TVS Jupiter

  2. TVS Scooty Pep

  3. TVS Wego

  4. TVS XL Heavy Duty

  5. TVS NTORQ

  6. TVS Sport

  7. TVS Radeon

  8. TVS Star City

  9. TVS Victor

  10. TVS Apache

  11. TVS Phoenix


  1. Zero depreciation cover

  2. Engine and gear protection cover

  3. Return to invoice cover

  4. Breakdown assistance

  5. Consumable cover

1,000+
ACKO TVS Insurance

  1. Online bike insurance facility

  2. Affordable premium without any compromise on the coverage amount

  3. 97% claim settlement ratio for the year 2019-20


  1. TVS Jupiter

  2. TVS Scooty Pep

  3. TVS Wego

  4. TVS XL Heavy Duty

  5. TVS NTORQ

  6. TVS Apache


  1. Zero Depreciation

  2. Personal Belongings Damage/Theft

  3. Roadside Assistance

  4. Key Protect

  5. Outstation Emergency Cover

  6. Bike Engine Protect

  7. Consumable Cover

HDFC ERGO TVS Two Wheeler Insurance

  1. Premium discounts up to 70%

  2. Paperless process

  3. No limit on claims

  4. Choose coverage according to your requirements


  1. TVS Apache

  2. TVS Sport

  3. TVS Victor

  4. TVS Jupiter

  5. TVS Star City Plus


  1. Zero Depreciation Cover

  2. Roadside Assistance Cover

6,800+
Bharti AXA General TVS Two Wheeler InsuranceChoose between third-party liability and Comprehensive coverage policy according to your requirement

  1. TVS Scooty Zest 110

  2. TVS Spectra

  3. TVS Sport

  4. TVS Star City

  5. TVS Star City Plus

  6. TVS Star Deluxe

  7. TVS Victor

  8. TVS Victor - 102

  9. TVS Victor Edge

  10. TVS Victor GLX

  11. TVS Victor GX

  12. TVS Wego

  13. TVS XL 100 Comfort

  14. TVS Phoenix


  1. Depreciation Cover

  2. Roadside Assistance

  3. Engine & GearBox Protection Cover

  4. Return to Invoice Cover

5,200+
Reliance TVS Two Wheeler Insurance

  1. Quick and hassle-free claim settlement process

  2. Round-the-clock access

  3. Cashless claims facility at network garages

  4. Book policy online

  5. Premium as low as INR 3 per day


  1. TVS Apache

  2. TVS Jupiter

  3. TVS NTROQ 125

  4. TVS XL Super Method

  5. TVS Sport


  1. Nil Depreciation Cover

  2. Daily Allowance limit

  3. EMI Protection

  4. Helmet Cover

750+

What is the TVS Insurance Claim Process?

Now that you know the insurance companies that provide TVS Two Wheeler insurance, you should understand the claim process too. We are mentioning the required steps below that you can check.

Step 1: Choose the desired TVS Two Wheeler comprehensive insurance according to your requirement.

Step 2: Intimate your insurance company as soon as possible in case of an accident to get a claim successfully.

Step 3: The insurance company will inspect your TVS Bike at one of the network garages before approving the claim.

Step 4: Once your claim is approved, your bike will get repaired as soon as possible. Until your bike is ready, a few insurers also pay a daily allowance benefit for conveyance. (in case your insurer doesn’t provide the same, you can choose the add-on by paying an extra premium amount.)

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