Electric/e-Bike Insurance

Electric/e-Bike Insurance

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Electric/e-Bike Insurance

Third-party insurance is a mandatory motor insurance policy that covers third-party related financial and legal liabilities caused due to an accident from an insured vehicle. Third-party car insurance offers compensation in case of third-party death, injury and third-party property damages

E-bikes are becoming a trend in Indian societies as people have started accepting them and also helping nature by purchasing these vehicles. Electric bikes are pollution-free bikes as they run on a battery that is charged using electricity and similarly the way this electric bike saves the environment, an electric bike saves it from unforeseen expenses coming after road accidents that led to the loss and damage to the bike as well as the passengers.

Benefits of Purchasing Electric Bike Insurance

Liability Coverage

 Protects against legal liabilities arising from injuries or damages caused to others while using your e-bike.

 Covers legal expenses if you are sued for causing injury or property damage to a third party.

Comprehensive Coverage

 Covers damages to your e-bike caused by accidents, including collisions and falls.

 Protects against damages caused by fire, floods, storms, and other natural calamities.

Personal Accident Cover

 Provides financial compensation for medical expenses, disabilities, or death resulting from an accident while riding the e-bike.

 Option to include coverage for passengers in case of an accident.

Specialized Coverage for E-Bikes

Protects essential components like the battery and motor, which are expensive to repair or replace.

 Covers damage or theft of charging cables and other accessories.

Roadside Assistance

 Offers assistance in case of breakdowns, including towing services and on-the-spot repairs.

 Provides help for common issues like flat tires and battery problems

No Claim Bonus (NCB)

Premium Discounts: Earn discounts on your premium for each claim-free year, reducing the cost of insurance over time.