Following are the car insurance add-ons available for Hero bike insurance:  

• Zero Depreciation Cover
• Return to Invoice Cover
• Engine & Gear-box Protection Cover
• Consumable Cover
• Breakdown Assistance
• Tyre Protect
• Daily Conveyance Benefit
• EV Shield Add-on Cover

Established in 1984 by Dr Brijmohan Lall Munjal Ji, Hero MotoCorp Ltd was formerly known as Hero Honda. The company is one of the prime manufacturers of bicycles, scooters and motorcycles in the country with its headquarters located in New Delhi. Today, Hero MotoCorp is the largest two-wheeler producing company in the world. 

In India, the company owns more than 46% shares in the two-wheeler market. In the 1980s the vehicles rolled out by the company became popular primarily due to their fuel efficiency. Further, the affordable prices lead to throngs of Indians lining up to get their hands on a bike or scooter outside Hero’s dealerships.

In 2010, Honda decided to step out of the joint venture with Hero. The latter decided to buy out the shares owned by Honda and establish its own subsidiary. Thus began the journey of Honda Motorcycle and Scooter India.

Today, some of the most popular Hero bikes include:

• Hero Splendor Plus
  
• Hero HF Deluxe
  
• Hero Passion Pro
  
• Hero Super Splendor
  
• Hero XPulse 200
  
• Hero Glamour
  

..and more!

Over the years, Hero has managed to become a trusted brand that Indians can rely on. With affordable and high-quality offerings, Hero’s bikes and scooters have something to offer to every demographic.  

What Makes Hero Bikes so Popular?

There are several reasons why Hero has managed to continuously uphold its popularity among consumers. Take a look at some of these reasons listed below-

• Impeccable customer service is a desirable characteristic in any company. Hero does not just aspire to provide superior after-sales service to customers but serves as an inspiration to other two-wheeler producers in India. 
  
• The huge variation in their product portfolio is another reason for their immense growth. Consumers from various economic backgrounds can find a product suitable for their needs and spending ability.
  
• Lastly, Hero is one of the few companies that have managed to keep its quality intact over the years. When you buy one of their bikes, you can rest assured about its on-road performance and durability.
  

While these are some of the reasons that led to the immense popularity of the brand, it is the feature-rich products that caused a continuous increase in Hero’s customer base.

Features You Can Expect from Hero Two-Wheelers

Regardless of your budget, Hero’s wide range of products can meet your requirements with efficiency. The company does not compromise with the features they offer on their vehicles.

Do you think that the best features are limited to the high-end scooters and bikes only? Well, think again.

Here are some common features for all Hero two-wheelers:

• Reliability - When it comes to the Indian market, mileage and engine quality of a bike are two of its most important factors. Hero’s bikes, including the popular Splendor and Passion models, focus on providing the best on-road mileage, thereby reducing fuel costs for the owner.
  
• Durability - Most common folk need to save money to afford bikes. Any damage befalling the vehicle after purchase can, therefore, be a devastating blow to most purchasers. Hero does not compromise on the quality of its bike parts to keep the price low. This leads to sturdy designs that can easily take minor bumps or crashes without leading to catastrophic damage. 
• Product Variety - Hero does not cater to a specific economic class with its products. Instead, from its inception, the company has focused on creating an affordable range of bikes and scooters. While they also provide premium or luxury variants of their vehicles, the company follows a strictly ‘affordable-to-all’ pricing policy. 
• Technological Marvels - The company does not lag behind when it comes to incorporating new technology in their vehicles. For instance, Hero recently showcased a premium range sports bike XTREME 200 S. Another interesting product was the XF3R, which is a design concept based on the popular Video Game Street Fighter.
  

However, Indian roads are notorious for accidents and other hazards. None of the features mentioned above, unfortunately, is sufficient to protect your beloved Hero vehicle in the event of such road mishaps. 

Opting for a Hero bike insurance scheme is mandatory if you want to protect your finances from such sudden liabilities.

Do you think you can drive your bike without any insurance coverage? Well, legally speaking, you can’t.

• Legal Liabilities - According to the Motor Vehicles Act of 1988, buying a third-party insurance plan for all motorised vehicles plying on Indian roads is mandatory. Any individual with bike or scooter or other vehicle caught without valid insurance is liable to pay penalties. Under the Motor Vehicles (Amendment) Act 2019, driving without an insurance policy can attract a fine of Rs. 2000 and Rs. 4000 for repeat offenders. 

Apart from legal liability, here are some reasons why opting for a bike insurance policy is important:

• Claim Reimbursement of Damages Caused to Third-party Property - Third-party Hero MotoCorp insurance plans allow you to claim the damages arising from accidents involving your vehicle. While this financial assistance goes toward repairing any damage suffered by the other party’s vehicle or property, it limits your legal liability in case of accidents. Apart from the financial loss suffered by the third party’s property, such an insurance plan extends the same financial aid to any third-party injured in the accident, and even in case of death.
  
• Claim Financial Assistance to Repair Own Bike Damages - If you opt for a comprehensive Hero bike insurance policy, you can claim financial aid to deal with damages that your bike undergoes as a result of accidents or road mishaps. Such policies extend coverage for both third-party and own damage. Apart from accidents, damage sustained during natural calamities, fires, explosions, loss, theft and more also fall under the coverage from comprehensive insurance covers.
  
• Recovering Insured Declared Value in Case of Total Loss or Theft of Vehicle - Under some circumstances, a Hero bike may be damaged beyond repair. Alternatively, someone may steal your two-wheeler. Under such instances, if you have a comprehensive insurance cover in place, you will be able to avail the Insured Declared Value for your vehicle. IDV refers to the current cost of the Hero two-wheeler minus its depreciation. Your insurer is liable to pay you the IDV sum in the event of total loss or theft of the insured bike. 
  
• Personal Accident Cover - On the event of the policyholder’s death due to an accident involving the insured vehicle, his/her family members are eligible to receive monetary compensation from the insurance provider. This benefit is offered under the mandatory Personal Accident add-on cover with insurance policy. 
  

Some insurers may also offer similar financial assistance if the bike owner is alive but undergoes physical disability due to the accident.

Keep in mind that this protection runs out after a predetermined term. You need to renew Hero bike insurance along with PA cover add-on regularly to ensure that the protection continues. 

Are you unhappy with the current insurance provider? Did you know that you can change insurers at any time?

Compare the various benefits and features from your current insurer. If you find an aspect lacking, look into Digit’s two-wheeler insurance plans. 

Individuals looking for a Hero bike insurance plan may already know about Digit. One of the fastest growing general insurance company, Digit offers two-wheeler insurance policies that can offer financial protection efficiently. Listed below are some reasons why you can never go wrong when purchasing insurance from Digit:

• Wider Choice of Products - Digit offers the following insurance policies to Hero two-wheeler owners depending on the type of coverage they want.

1. Third-party liability bike insurance – This insurance policy covers the financial losses incurred due to damages to a third party vehicle or property caused by your bike. It also provides coverage for any bodily injury or death of a third party. 

2. Comprehensive bike insurance – This is an all-round protection plan for your bike or scooter. With such a policy in place, you can claim your own damage, as well as for the damages sustained by the other party in accidents. Further, this plan reduces your financial liability in case of bike damage occurring from natural calamities, riots or other reasons.

Apart from these common options, Digit also lists an Own Damage bike insurance policy for customers. Such a plan applies to those who already own long term third-party policy and are only looking for financial liability protection for their own vehicle. However, you must bear in mind that this cover is available only if you have purchased your Hero bike after September 2018.

• A Greater Number of Network Garages - You can avail cashless insurance claims by visiting network garages under Digit. Fortunately, the insurance provider has over 1000 garages within its network across India. Therefore, finding such a garage becomes easier regardless of where you are in the country. Just visit one of the network garages and complete your bike repairs without spending a single dime.

• Simple Purchase and Renewal Procedure - Digit facilitates easy purchase of Hero bike insurance online. All you need to do is enter a few details, select your desired coverage and make payments to receive the insurance policy via email . With such hassle-free online purchase/renewal, the entire process becomes more streamlined and also eliminates the necessity of seeking the services of a broker or insurance agent.

• Customise IDV it as per Your Requirements - IDV or Insured Declared Value is the amount you can avail from the insurance company upon total damage or loss of your vehicle. This amount is calculated by deducting your Hero bike’s depreciation from its manufacturer’s price. Now, the calculation of depreciation varies from one company to the other. With Digit you can enjoy a high IDV and also avail the opportunity to customise it to maximise your benefits.

• Reduce Your Premium with No Claim Bonus - One of the perks of riding your two-wheeler carefully is that you can reduce the chances of mishaps on roads. That way you also lower the chances of raising claims under your insurance policy. If you do not raise claims under your Hero two-wheeler insurance, Digit will extend you the benefit of a No Claim Bonus. With this benefit you will be able to avail a discount on the premium you pay for your insurance policy in the succeeding year. This NCB can amount up to 50% (depending upon the number of non-claim years), allowing you to save a substantial portion of your premium.

• Easy Claim Process and High Claim Settlement Ratio - Digit has streamlined raising claims for policyholders by shifting the entire process online. With Digit, you can enjoy a smartphone enabled self-inspection process and eliminate the hassle of getting your Hero two-wheeler inspected by an agent of your insurance company while filing claims. Further, claim settlement ratio is one of the more important factors to check while availing a two-wheeler insurance policy. Since Digit has a high claim settlement ratio you can reduce the chances of your claim getting rejected to quite an extent.

• Availability of Various Add-ons and Riders - Standard policies do not offer financial assistance for repair of certain bike parts. For instance, if your engine sustains damage, you cannot claim coverage for its repair under your insurance scheme. Digit allows consumers a wider scope of all-round coverage with its add-ons and riders. Some popular add-on safeguards include:

• a) Engine and gear protection cover
  
• b) Zero depreciation cover
  
• c) Breakdown assistance 
  
• d) Return to invoice cover
  
• e) Consumable cover
  

To truly protect your finances in all cases, ensure you avail useful add-on protection.

• Dependable Customer Service - Accidents and other mishaps can occur at any time. It is therefore pertinent to avail the services of an insurance provider that is available for its consumers at all times, be it day or night. Digit’s 24x7 customer care assistance ensures that help is just a phone call away. 

Whether you want to report an accident or simply resolve a query regarding your policy, the insurance company is dedicated to deal with all your issues.

But, nobody works on national holidays, right? Wrong. You can reach Digit’s customer care on holidays as well.

So, stop wondering purchase your Hero bike insurance today!

But are you worried that the insurance premiums are too high? Well, we have a solution for that as well.

If you are thinking about the premiums payable for purchasing the insurance policy, you can employ the following methods to reduce your financial burden -

• Enjoy No Claim Bonus Benefits - Make sure your insurance provider offers you No Claim Bonus benefits. Also ensure that you can avail the NCB benefit by reducing the necessity of raising claims, thereby reducing your premium amount. 
  
• Opt for Voluntary Deductibles - Choose a policy that includes voluntary deductibles. Such policies offer you the chance to pay a portion of the claims before financial assistance from the insurer kicks in. Subsequently, the premium payable towards the policy decreases.
  
• Purchase your Plan Directly from the Insurance Company - Buy plans directly from the insurer. Intermediaries, such as agents and brokers, charge commission for their services. This extra cost can increase your Hero two-wheeler insurance premium substantially.
  
• Avail the Add-Ons You Require - Only opt for necessary add-on covers. While additional protection is always desirable, blindly purchasing every rider available is a mistake. Instead, pick riders based on personal needs. For instance, if you reside in an area prone to flooding, choose engine protection add-on coverage.
  

Never pick a plan based on its premiums alone. Instead, consider every aspect of the policy to end up with a two-wheeler insurance policy that provides sufficient financial assistance in the event of damage to your Hero bike.

Hero scooters and bikes are valuable properties. If you care for them, they can last for up to a decade without any problems. A Hero two-wheeler insurance cover further helps you to make the most of your bike!