Zuno Bike Insurance Premium Calculator
Zuno (formerly Edelweiss) bike insurance premium calculator is a tool that helps you calculate estimated the insurance premium for any Zuno bike insurance policy. The premium cost of a policy depends on factors like make, model, variant, fuel type, engine capacity, etc. To know how to use your Zuno bike insurance premium calculator, read on!Read more
How to Use the Zuno Bike Insurance Premium Calculator?
You can use the Zuno bike insurance premium calculator to combine different plan features & add-ons to determine the best two-wheeler insurance plan for you. To utilize the Zuno bike insurance premium calculator, you have to follow the steps given below-
Step 1 - Visit the official website of the insurer to access the online premium calculator. You can also visit the bike insurance calculator page available at Policybazaar.com
Step 2 - Select the make, model, and variant of the bike
Step 3 - Enter the ex-showroom price of the bike, city of registration, and year of bike purchase
Step 4 - Next, choose between if you have made a claim or not in the previous year
Step 5 - Click on calculate, and it will show the estimated insurance premium for your bike according to your inputs.
Benefits of Using the Zuno Bike Insurance Calculator
The benefits of using the Zuno bike insurance calculator are as follows-
Effortless to Use
To use this calculator, you don't need to have a high level of financial knowledge. It is easy to use. You just have to put in a few details such as make, model variant, year of purchase, city, etc., and the calculator will do the rest of the job for you.
This tool allows you to customize your plan by allowing you to select your add-ons from the options depending on your exclusive needs.
Helps You to Decide
This tool allows you to figure out the premium cost before you buy the actual policy so that you can do your financial planning better.
Factors Affecting Bike Insurance Premium
The factors that affect the premium of a bike insurance policy are as follows-
The Engine of the Bike
The bike's engine plays an essential role while calculating the premium of a policy. The higher the cubic capacity (CC) of the engine, the higher will be the premium.
Make and Model of the Bike
The premium cost also depends on the brand, model, variant of your bike, etc. The high-end bike model attracts higher bike insurance premiums.
Age of the Bike
The older your bike will be, the less premium you have to pay, as depreciation is charged on the insured bike.
The add-ons are the extra coverage that is offered by the insurer to improve the strength of the policy by paying a higher premium than usual. There are several two-wheeler insurance add-ons are offered by the Zuno General Insurance Company Ltd., such as zero-depreciation cover, NCB protection cover, roadside assistance cover, etc.
Q: What is an IDV in my bike insurance?
The Insured Declared Value or IDV of a bike is the maximum sum assured amount an insurer is liable to pay to the policyholder in case of total loss or theft of the insured bike. In simpler terms, an IDV of a bike is the current market value of the bike.
Q: How will I get bike insurance policy documents after making payment online?
Once you have completed the payment online for your two-wheeler insurance policy, the insurer will send the policy copy to the registered email id.
Q: What is the formula to calculate bike insurance premiums?
To calculate the bike insurance premium, you can follow the below formula-
Bike insurance premium = Own-damage premium – (No Claim Bonus + Discounts) – Third-party liability premium.
Two Wheeler insurance articles
24 Mar 2023To ride your bike legally on the Indian roads, you have to abide
23 Mar 2023A hit-and-run case refers to a road accident where the driver
23 Mar 2023Did you know that you can extract vehicle owner details with the
23 Mar 2023A two-wheeler loan is the best way to buy a dream bike at
21 Mar 2023As per NFHS (National Family Health Survey), 54% of Indian