Shriram Zero Depreciation Bike Insurance Policy

Shriram Zero Depreciation Bike Insurance Policy

Shriram zero depreciation bike insurance is available as an add-on cover with your base two-wheeler insurance policy. The policy includes coverage for all damages to a two-wheeler along with the depreciation costs of the vehicle parts. This means that the insured would receive complete coverage of all the bike parts at the time of claim settlement.

Shriram zero depreciation bike insurance policy is a plan designed for two-wheeler owners who are looking for a complete risk cover for their bikes. With the assistance of this policy, the insured would be able to enjoy complete freedom and security with their vehicle.

Shriram Zero Depreciation Bike Insurance Policy Eligibility Criteria

The eligibility criteria to buy a Shriram zero depreciation bike insurance policy is given below:

• The policy is valid for two-wheelers that are less than two years old. Bikes more than two years old would not be considered for coverage
• Bike brands and models which belong to those approved by Shriram General Insurance Company would be eligible for coverage
• You must have a base policy for buying the zero depreciation cover
• The insurance cover can only be claimed twice a year during the entire policy term

Benefits of the Shriram Zero Depreciation Bike Insurance Policy

The following are the benefits of the Shriram Zero Depreciation Bike Insurance Policy:

• Because of this policy, you can save more money as you would not have to pay more for the repairs of a damaged vehicle
• Through this plan, you would be able to receive maximum compensation for your bike's damages
• The Shriram zero depreciation bike insurance policy is an add-on plan over the base policy. This makes your policy stronger and provides even more extensive protection for your two-wheeler
• You would not have to worry about the regular depreciation in the value of your vehicle
• The policy is suitable for expensive two-wheelers as they have high-priced parts and accessories to be taken care of

What is covered by the Shriram Zero Depreciation Bike Insurance Policy?

The Shriram zero depreciation bike insurance policy includes the following under its coverage:

• The policy would provide coverage for all the rubber, nylon, and plastic parts of the vehicle
• The zero depreciation cover would provide coverage for all the fiberglass parts of the bike

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

Shriram zero depreciation bike insurance will exclude the following claims:

• Damages such as gas kits, bi-fuel kits that are not covered in the base insurance policy would not be covered
• The policy would not include coverage for damages by any mechanical and electrical failures
• The policy would not cover the total loss or damage of the vehicle

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