Reliance Zero Depreciation Bike Insurance Policy

Every two-wheeler suffers normal wear and tear as it ages, with regular use, etc. Commonly, no bike insurance policy provides coverage for these types of damages, and the owner has to bear the expenses for repair. Such types of damages also stand as an obstruction while policyholders file for a claim and expect to get a settlement of the entire claim amount. It doesn't happen because insurers deduct the repairing costs of the regular wear and tear from the claim amount. To end such woes, you can avail Reliance zero depreciation bike insurance policy.

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Reliance Zero Depreciation Bike Insurance Policy

The Reliance Zero Depreciation bike insurance policy is an add-on cover with Reliance comprehensive bike insurance policy. If you buy this cover, you will be eligible to get the total claim amount without any deductions based on the depreciation of the bike. It means whenever you file a claim; the insurer will provide financial coverage for all the repairing costs. Therefore, your two-wheeler's regular depreciation won't affect the claim amount.

Eligibility Criteria for Reliance Zero Depreciation Cover

The foremost eligibility for purchasing the Reliance zero depreciation cover is that you must have an existing comprehensive bike insurance policy. In addition, once you have purchased the zero dep cover as the additional benefit, you must be able to fulfill the following criteria for being eligible for claiming the cover:

  • Your two-wheeler's age should be within two years
  • Your two-wheeler's brand, model, etc., should be listed under the cover
  • You can claim the once in every year
  • You will be eligible to claim the cover only twice during the policy term

Benefits of the Reliance Zero Depreciation Bike Insurance Policy

The Reliance Zero Depreciation policy offers the following benefits:

  • It strengthens your basic bike insurance policy
  • You don't have to worry about the deductions you may get when raising a claim
  • It increases the security of your two-wheeler
  • The normal depreciation of your bike won't concern you
  • If you have luxury two-wheelers or a bike with unique or expensive parts, this cover is more beneficial to you as it will enable you to get full claim amounts for getting those parts repaired or replaced
  • You will have to bear minimum expenses while getting your two-wheeler serviced after severe damage, such as damages caused by accidents

What is covered by the Reliance Zero Depreciation Bike Insurance policy?

When you add the Reliance zero dep cover to your base policy, it will provide the following coverage benefits to you:

  • Provides coverage for all rubber parts of the bike
  • Provides coverage for all the nylon parts of the two-wheeler
  • Provides coverage for all the plastic parts of the two-wheeler
  • Provides coverage for all the fiberglass parts of the two-wheeler
  • Usually, a deduction of up to 40% is levied on the claim amount by insurers; the zero dep cover provides 100% coverage

What is not covered by the Reliance Zero Depreciation Bike Insurance Policy?

Following are the few things where your Reliance Zero Dep cover won't provide coverage:

  • If your base insurance doesn't offer protection for a particular type of damage, the zero dep cover will be ineffective in that case too
  • It won't offer coverage for mechanical failures of your two-wheeler
  • It won't offer coverage for the breakdown of any part of the vehicle that is not covered under the base policy

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Reliance Zero Depreciation Bike Insurance Policy Reviews & Ratings

4.8 / 5 (Based on 62 Reviews)
(Showing Newest 25 reviews)
Jasraj
Gwalior, October 09, 2021
Hassle free experience
I do not need to take tension for unwanted expenses as i have purchased reliance general two wheeler Insurance from Policybazaar. buying a policy from Policybazaar is very hassle free and customer does not need to do much things as Policybazaar handles everything.
Kushagra
Jabalpur, October 09, 2021
Cooperative staff
Policybazaar has cooperative and friendly staff. I have bought reliance general two wheeler insurance from here and i found the whole process convenient. now i am looking for more plans as i am impressed with the facilities offered to me.
Lakshay
Coimbatore, October 09, 2021
Good service
I always renew my policy on time because of Policybazaar. I have been using Oriental Two Wheeler Insurance for four years and I always get policy renewal notification. If I ever forget about the renewal I get calls as a reminder of the renewal.
Manya
Vijayawada, October 09, 2021
Attractive features
I have taken the same plan which my friend has bought for himself. one of my friends has recently insured his bike from Policybazaar and i really liked the features that were provided to him in reliance general plan so I have bought the same plan for my bike.
Nandini
Jodhpur, October 09, 2021
Complete support
Recently I have insured my newly bought bike which was gifted to me by my brother. I went to the policybazaar for a bike policy and an executive helped me through the whole process. He provided me complete support and assistance. I took Reliance General plan according to my budget.
Siddhant
Kalyan Dombivli, August 18, 2021
Hassle Free Experience
Randomly i was checking the two wheeler policy on policy bazaar. i liked reliance two wheeler policy then i bought it.i contacted the policy bazaar and agent provided me all the information about the policy in detail.i had a hassle free experience with policy bazaar. company gives 100percent support to their clients from their end.
Subhash
Partapgarh, June 04, 2021
Flexibility
Purchasing Reliance general two wheeler insurance for my newly bought bike was the best decision. I bought it two years ago through policybazaar a day after I bought my bike. The company has helped me with roadside assistance many times since then.
Neeraj
Pune, June 04, 2021
Protection for bike
I bought a protective shield for me, my bike, and third party just in case I need it someday. I made an online purchase through policybazaar where I was able to compare different plans. I finally chose reliance general insurance cover.
Anurag
Rajendra Nagar, June 04, 2021
Affordable and customized
Policybazaar helped me customize my bike insurance plan for a reasonable premium. After comparing benefits, I decided to go for Reliance general two wheeler insurance and also got an extra discount for buying online.
Ajay
N.paravur, March 19, 2021
All kind of Info available
I wanted to purchase a two-wheeler insurance policy for my Royal Enfield which I bought recently. I was suggested by my friend to make the purchase online from policybazaar because they provide all kinds of information related to the policy on their website and I ended up buying the Reliance general two-wheeler insurance plan. Thanks team
Rekha
Idar, March 19, 2021
Policy in my budget
I bought a Bajaj Pulsar 220 recently and I bought the two-wheeler insurance plan by Reliance general. I made the purchase online from policybazaar. As I was tight on budget after comparing different insurance plans I bought Reliance general because it came in my budget only. Thank you for this policy team.
Haridas
Sabang, March 19, 2021
Easy and quick inspection
I am a policyholder of Reliance general two-wheeler insurance policy. I bought this policy from policybazaar. When I raised the claim, they inspected my Honda Shine bike. It was done very quickly and I was not troubled at all for it. Thanks for your services people.
Mukesh
Odagoan, March 19, 2021
Many policies to choose from
I wanted to purchase a two-wheeler insurance plan for my Honda activa that I bought recently. I chose to purchase the insurance policy online so I went on the policybazaar’s website where I got many insurance providers and I chose Reliance general two-wheeler insurance policy which provide me enough coverage. Thanks guys. Keep it up.
Rahul
N.paravur, March 19, 2021
Got cashless claim
I bought a bike last year and I purchased the Reliance general insurance policy to me from financial burden. I bought the policy online from policybazaar’s website. Last week I raised a claim for the damaged caused to my bike due to an accident and they provided me cashless claim for it. Thanks team.
Ranjit
Padampur, March 19, 2021
Value of time and money
I bought the Reliance general two-wheeler insurance plan from policybazaar online. I bought the insurance for my new bike which I bought last week only. I am happy with their quick service as it took me a few minutes to purchase the insurance policy and saved some amount also. Thanks to policybazaar and team
Ravish
Wadhwan, February 18, 2021
Customer Care Is Supportive
I was unaware of the list of documents for a cashless claim of Reliance Bike Insurance that I purchased from policybazaar.com. So, I called customer support and the representative there provided me the needed information instantly.
Ayansh
Dabhoi, February 18, 2021
Hassle-Free Policy Issuance
I was very nervous about selecting and purchasing a bike insurance policy online. However, when I called policybazaar.com for help, the representative suggested me to purchase online and helped me throughout the purchase process. I want to say here this, the online purchase process of Reliance Two-Wheeler Insurance at policybazaar.com is very simple and needs very less paperwork.
Ranvir
Sabarkantha, February 18, 2021
Lists Top plans
I searched for bike insurance plans as per my requirements at policybazaar.com and I was really happy to find that it shows a vast list of options to choose from. Even though I selected the Reliance Bike Insurance plan for my Bajaj Pulsar 180 CC, but most of the plans listed were good. I selected Reliance because of its good coverage at an affordable price.
Aashi
Dabhoi, February 17, 2021
Helpful Suggestion
I selected the WhatsApp chat option from the website of policybazaar.com for suggestions regarding bike insurance policy renewal. I have a Reliance Comprehensive Two-Wheeler Insurance policy and with the help of WhatsApp suggestions, I could renew it online.
Prisha
R.k.nagar, February 17, 2021
A Reliable Website
While searching for a bike insurance policy, I came across policybazaar.com. I want to say that I have found it very helpful and reliable as I got all the information related to bike insurance from there. In addition to this insurance purchase process was also simple and authentic.
Riya
Padampur, February 17, 2021
Affordable Policy
The comprehensive bike insurance policy offered by Reliance Bike Insurance is affordable and has many features. I purchased as per the suggestion of policybazaar.com and happy about my decision.
Agastya
R.k.nagar, February 10, 2021
Less paperwork
It is very easy to purchase the plan for my two wheeler online as I took the reliance general two wheeler insurance plan from the policybazaar. It is much better as compared to others and it required less paper work. Great work team Policybazaar.
Akshay
R.k.nagar, February 01, 2021
Easy Policy Renewal
The Reliance Bike Insurance policy for my Hero bike was approaching. So, I selected policybazaar.com for its renewal as I purchased this policy through it as well. The website of policybazaar.com is simple to understand, and within a few steps, I renewed my policy online.
Vikram
K.c. Pur, February 01, 2021
Simple Cashless Claim Settlement
I wanted to go for the Reliance Bike Insurance cashless claim settlement process for repairing my bike after an accident and I initiated this process online on the app of policybazaar. The process was simple and I got the approval sometime for the same.
Ekta
Yashwant Nagar, January 29, 2021
Useful Suggestions
I called the customer support team of policybazaar.com to get some insights into Reliance Bike Insurance policy as I selected it for my Bajaj Bike. The executive there was knowledgeable and explained the policy without giving any unnecessary suggestions. Thanks, team.