Piaggio APE Insurance

Piaggio Ape Insurance Overview

Being used for utilitarian purposes for years, the Piaggio Ape is a lightweight three-wheeler commercial vehicle including vans, pickups and auto-rickshaws, and morel. The narrow size of the Ape and its smooth driving experience make it a fit to be driven in the narrow streets of India.

A Piaggio Ape insurance policy is a mandatory cover that every Piaggio owner must have to drive legally on Indian roads. It can protect an insured vehicle from multiple damages arising out of unforeseen incidents like accidents, theft, fire, etc. Furthermore, it can also protect the insured vehicle from third party liabilities.

Popular Piaggio Ape Models With Insurance Price

Disclaimer*: The Piaggio Ape insurance price for different Piaggio Ape variants depends on factors like coverage opted, NCB discount, IDV of the vehicle, voluntary deductibles, etc.

Reasons to Buy Piaggio Ape Insurance Policy

Below mentioned are some reasons to buy a Piaggio Ape insurance policy for your commercial vehicle:

• Wider Coverage: Buying a commercial vehicle insurance policy for your Piaggio Ape vehicle can protect you against your own damages sustained by the insured vehicle, It will also provide cover against third-party claims arising out of your Piaggio Ape.
• Personal Accident Cover: With a Piaggio Ape insurance policy, you will also get personal accident cover for the owner/driver of the insured vehicle.
• Easy Online Purchase: Purchasing a Piaggio Ape insurance online is also an easy and hassle-free process.
• Additional Covers: You can also take benefit of add-on covers to enhance the coverage of your commercial vehicle insurance policy by purchasing one.

Types of Piaggio Ape Insurance Policy

The two major types of Piaggio Ape insurance policy are:

Third Party Liability Piaggio Ape Insurance Policy

The liability-only commercial vehicle insurance policy provides compensation to the policyholder against any third-party liability such as death, injury, or property damage arising out of the insured vehicle. This cover is a mandatory cover to ply on the roads of India but excludes covering own damages sustained by the insured vehicle.

Comprehensive Piaggio Ape Insurance Policy

A comprehensive commercial vehicle insurance policy offers coverage against damages caused to the insured Piaggio Ape due to unexpected events like accidents, manmade acts, natural disasters, theft, etc. This insurance policy also covers policyholders against third-party liabilities caused due to the insured commercial vehicle.

Inclusions of Piaggio Ape Insurance Policy

A Piaggio Ape insurance policy covers the following damages under its inclusions:

• Damages to the insured commercial vehicle due to strikes, riots, and other manmade acts
• Damages arising out of any natural disaster like cyclone, earthquake, flood, hurricane, etc.
• Losses to the insured commercial vehicle due to fire, explosion or self-ignition
• Damages sustained by the insured vehicle due to theft, burglary or housebreaking
• Any loss arising out of a road accident or by external means
• Damages to the third party caused due to the insured vehicle
• Damages sustained by the insured Piaggio Ape when it was in transit.

Additional Covers Under Piaggio Ape Insurance Policy

Additional covers that are offered under a Piaggio Ape insurance policy include:

• Nil Depreciation Cover
• NCB Retention Cover
• IMT 29 Cover
• Personal Accident Cover
• Legal Liability to Paid Driver

Exclusions of Piaggio Ape Insurance Policy

Damages that are not covered under a Piaggio Ape insurance policy include:

• Losses arising due to mechanical and electrical failure of the insured vehicle
• Damages sustained by the insured vehicle when the driver was drunk
• Damages were caused when the driver was not carrying a valid driving license
• Damages arising out of contractual liabilities
• Losses caused due to civil or nuclear war
• Losses to the insured Piaggio Ape when driven outside the specified geographical location
• Any damage caused to the commercially insured vehicle if being driven for private use
• Losses sustained by the insured vehicle due to general aging.

How to Buy Piaggio Ape Insurance Policy Online?

To buy a Piaggio Ape insurance policy online, visit Policybazaar.com and follow these steps:

• Visit the‘ Commercial Vehicle Insurance' page from the ‘Insurance Products' menu on the homepage
• In the given form, mention your name and contact number
• Choose the type of commercial vehicle for instance 'Pickup and Delivery Vans''
• Select manufacturer i.e. Piaggio Group, model and variant of your vehicle
• Select the RTO and registration year of the insured vehicle
• Choose the desired Piaggio Ape insurance plan from the mentioned plans
• Select the add-on covers you wish to add
• Now fill the given form with vehicle details
• Proceed with premium payment
• Once you have successfully purchased the Piaggio Ape insurance policy, your commercial vehicle insurance papers will be sent to your registered email address

How to Renew Piaggio Ape Insurance Policy?

For Piaggio Ape insurance renewal, follow the steps mentioned below:

• From the official website of Policybazaar Insurance Brokers Private Limited, navigate to the ‘Commercial Vehicle Insurance' page
• Mention your name and contact details in the purchase form
• Choose the type of commercial vehicle, manufacturer, model, and variant details
• Enter registration year and RTO
• Select the preferred Piaggio Ape insurance renewal plan and any add-on you wish to add
• Fill the given form with the rest of the details
• Proceed with payment of premium via desired payment mode
• After successful payment, your Piaggio Ape insurance renewal will be complete. Your policy papers will be sent to you via mail.

Claim Procedure for Piaggio Ape Insurance Policy

For a Piaggio Ape insurance claim, follow the below-mentioned steps:

• To raise a claim under Piaggo Ape insurance, firstly inform the insurance company about the damages sustained by your vehicle
• The insurer will then get the damages surveyed by the surveyor and the vehicle will be sent for repairs in a network garage
• You will also be required to show certain documents to the surveyor. Make sure to keep those documents ready with you for easy claim settlement
• Once the repairs are done, the insurer will settle the claim with the network garage.
• If it's a reimbursement claim, the insurer will refund you the claim amount after the repairs have been completed in a non-network garage.

Documents Required for Claim Under Piaggio Ape Insurance Policy

The documents required to raise a claim under Piaggio Ape insurance are as follows:

• Commercial vehicle insurance papers
• Copy of Registration Certificate
• Copy of Fitness Certificate
• Driver's driving license
• Copy of Police FIR
• Repair estimates and repair bills