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Royal Enfield bike insurance prices in India are quite affordable and practical, you should also take a closer look at the Royal Enfield bike insurance prices, as it is one of the most popular alternatives for motorbike buyers, because of its fans in the nation. There are several insurance options available, covering a variety of models for customers. There is coverage for a model like the Royal Enfield Classic and the Royal Enfield Classic 500 model along with others.
The Royal Enfield Classic models are known for their superior dynamics and ride quality along with their powerful and superior engines. The Classic 350, for instance, comes with a 346 cc motor that dishes out 20.07 PS and the bike has seven variants and fifteen hues in total. The security features of the bike include dual-channel ABS system, double disc brakes, halogen headlights, 12 V-12 Ah battery capacity and more. The air cooled engine and good features make this motorcycle a popular pick for buyers. The Classic 500 model offers an even bigger and power-packed engine along with superior riding dynamics alongside.
Before you check for the Royal Enfield Classic 500 insurance price or the Royal Enfield bike insurance prices for the Classic 350 model, you should keep a few points in mind. It is mandatory to purchase a third-party coverage for motorcycle insurance, as per regulations in India. Here’s taking a closer look at the coverage types on offer:
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You should keep these points in mind while considering Royal Enfield insurance renewal and the Royal Enfield bike insurance renewal price. You can purchase your two-wheeler policy online after getting all the available quotes/pricing and comparing the same. Royal Enfield bike insurance will help you get extensive coverage for various aspects linked to your new motorcycle from the brand. There are several add-ons that are available for customers as well.
While the exact pricing for insurance plans should be worked out and discovered online by the prospective policy holder, here is an instance that will help you get an idea. To cite an example, suppose you are getting insurance coverage in New Delhi for a Royal Enfield model without making any claim in the earlier year, then your policy premium (comprehensive) may hover between 1,400-2,500 on an average. However, you should check out the specific prices offered by Royal Enfield for its motorcycles. There are companies like Bajaj Allianz or HDFC Ergo which are providing motorcycle insurance policies in partnership with Royal Enfield.
Personal accident insurance is highly recommended. After all, life does not come with any guarantees, especially in terms of unfortunate accidents or mishaps. Always remember that accidents may happen anytime, so seek personal accident insurance to protect your family’s financial future.
These policies offer a financial safeguard for any death or disablement arising from an accident. This will offer a financial benefit to meet various costs that you will have to cover at such junctures. You should check whether personal accident insurance is available and get it integrated within the dynamics of your motorcycle insurance plan.
There is always a debate regarding whether a policy holder should choose comprehensive coverage or third party liability coverage. The latter is compulsory in the country as mentioned above. Hence, it is non-negotiable. Many people do not opt for the optional comprehensive coverage which includes coverage for costs of damage of your bike due to any mishap.
Ideally you should cover own-damage or the loss/damage to your two-wheeler since it will save you loads of hassles and costs in the future. While third party insurance coverage is a must, you should consider including this component into the policy.
The Royal Enfield Classic 350 comes with several attractive features that draw buyers, including the following:
The Royal Enfield Classic 500 also gets various features for buyers including the following:
Royal Enfield Classic models come with superior ergonomics and attractive design components in addition to superior power and performance. They are still popular picks in various segments of the Indian two-wheeler market. Purchasers can now pick from a choice of highly specialised insurance options.
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PayBima Team
PayBima is an Indian insurance aggregator on a mission to make insurance simple for people. PayBima is the Digital arm of the already established and trusted Mahindra Insurance Brokers Ltd., a reputed name in the insurance broking industry with 17 years of experience. PayBima promises you the easy-to-access online platform to buy insurance policies, and also extend their unrelented assistance with all your policy related queries and services.
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