What is Aprilia SRV Insurance
The Aprilia SRV, a 839cc engine maxi-scooter, is famous for its imposing on-road presence and striking performance. This scooter offers comfortable seating and remains popular among riders for its robust engine, even though manufacturers no longer sell it in the Indian market. The Aprilia SRV continues to have a niche following despite its high price in the used vehicles market. To keep this high-end scooter financially protected, it is vital to renew the Aprilia SRV's two-wheeler insurance policy on time. Read on to know your two-wheeler insurance policy's coverage and claim process.
Popular Aprilia SRV Variants With Insurance Premium
Your two-wheeler insurance premium is not constant as it depends on various factors like the bike's age, cubic capacity, policy type, and add-ons. Check out this table to view the approximate premium price of your Aprilia SRV motorbike.
| Aprilia SRV Variants (Registration Year 2025) | Third-Party and 1-Year Own Damage Plan (in Rs.) |
| Aprilia SRV 850 ABS (839 cc) | 2,697 onwards |
*Disclaimer: The prices mentioned in the table are only indicative. The actual premium price may vary depending on the bike's brand, model, IDV, and year of purchase.
Reasons to Renew Aprilia SRV Insurance Online from Policybazaar.com
There are several reasons why you should renew your bike insurance policy online via our website:
- Simple Renewal Process: Renewing your two-wheeler insurance policy is easy on our website, as you don't need any assistance from an insurance agent or a middleman. You are also not required to pay any fees or extra costs.
- Compare Different Policies: Policybazaar.com allows you to compare and check various bike insurance plans. You can assess their premium costs, coverage options, and add-ons. This will enable you to select a policy that meets your coverage needs and fits your budget.
- No Paperwork Required: You don't have to submit any documents to renew your bike insurance policy online. You can simply visit our website and enter a few details to complete the renewal process.
- Instant Coverage: The moment you pay your premium, we will issue your renewed two-wheeler insurance policy instantly to remove any gap in your risk coverage.
Coverage Under Aprilia SRV Insurance
- Inclusions
- Exclusions
A bike insurance policy provides financial protection against various risks as defined under the policy's terms and conditions. Here are a few risks that a standard two-wheeler insurance policy covers:
- Theft or complete loss of your insured bike
- Damage to your bike caused by fire, explosions, and similar incidents
- Accidents or collisions that result in bike damage
- Damage from natural disasters like storms, earthquakes, or floods
- Injuries, disabilities, or even the death of the owner-rider due to an accident or collision
- Damage to the bike resulting from man-made disasters, such as riots or vandalism
A few risks that are not covered by a standard bike insurance policy are listed here:
- No compensation for bike damage caused by drunk drivers
- Any damage incurred due to normal wear and tear
- Bike damage sustained after the policy's expiration
- Damages caused due to acts of war, nuclear events, etc.
- Bike damage sustained outside the policy's geographic coverage area
- Injuries or bike damage caused by willful negligence and/or breaking the traffic rules
*Disclaimer: The inclusions and exclusions of a bike insurance policy may vary from one insurance provider to another. Read your policy documents to understand the scope of its coverage.
Aprilia SRV Add-on Covers
If you need more coverage than what your two-wheeler insurance policy offers, you can extend it with optional add-ons. Here are some popular ones that you can consider:
- Consumables Cover: Sometimes, mechanics need to replace your bike's consumables, such as screws, nuts, bolts, engine oil, and grease, while repairing the bike for covered reasons. A standard bike insurance policy does not include the replacement cost of these small items. With this add-on, the insurer will bear the cost of replacing these small bike accessories.
- Passenger Cover: This add-on is designed to protect the co-passengers of the insured bike in the event they suffer injuries, disability, or pass away in an unfortunate accident. The pillion rider will receive compensation from the insurer in these scenarios.
- Return to Invoice Cover: If your bike has been stolen or declared as a total loss by your insurer, you will receive its Insured Declared Value (IDV) as compensation. However, as the IDV is lower than the bike's market price, you need to pay the balance. But if you include this add-on, you will receive the bike's original invoice price as compensation.
- Roadside Assistance Cover: Your insurer will offer quick assistance if you are stranded due to a covered reason. You can access typical services, such as towing assistance, taxi arrangement, pick and drop facility, etc., with this add-on.
How to Renew Aprilia SRV Insurance Online?
You can renew your two-wheeler insurance policy online through our portal by using the steps listed here:
- Step 1: Open Policybazaar.com. Tap '2 Wheeler Insurance'.
- Step 2: Enter your bike's RC number and click 'View Price'.
- Step 3: Many bike insurance policies will be displayed on your screen. Select a two-wheeler insurance policy that meets your coverage needs. You can also include optional add-ons at this stage. Click 'Pay Now'.
- Step 4: Provide the necessary information. Select your preferred payment mode and complete the payment online.
- Step 5: After your payment is processed, you will receive your Aprilia SRV bike insurance policy documents to your email.
How to Raise Aprilia SRV Insurance Claims Online?
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Cashless Claims
You can file a cashless claim application to have your bike fixed at a network garage without worrying about the repair costs. Use these steps to file your cashless claim:
- Step 1: Inform your insurer about the damage sustained by your motorcycle.
- Step 2: Visit your closest police station and file an FIR (if necessary).
- Step 3: Submit your claim application form. Also, give copies of your bike's RC, your driving licence, ID and address proof, etc.
- Step 4: An insurance surveyor will inspect your bike's damage and approve the required repairs.
- Step 5: You can get your bike repaired at a garage in your insurance provider's network. Your bike insurer will directly settle the repair bills with the authorised garage.
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Reimbursement Claims
You can get your bike repaired at your preferred garage and get a reimbursement of the repair bills by filing a claim. Just follow these steps:
- Step 1: Notify your insurance provider about the damage.
- Step 2: Go to your nearest police station and file an FIR, if required.
- Step 3: An insurance surveyor will check the bike's damage to authorise the required bike repairs.
- Step 4: Take your bike to your preferred garage for repairs.
- Step 5: Pay the repair bills and collect the original invoices.
- Step 6: Send in your claim application along with the original repair bills. Additionally, provide duplicates of important documents, including your bike's registration certificate, your driver's licence, as well as your ID and proof of address.
- Step 7: Your insurer will release the reimbursement amount after processing your claim.
Documents Required for Filing a Bike Insurance Claim
To file an accident claim on your two-wheeler insurance policy, you must provide these documents:
- A copy of the FIR, if it was registered
- Bike insurance policy documents
- The insured bike owner's proof of identity (Aadhaar, passport, etc.)
- Photos or video proof of the bike damage
- The insured bike's valid pollution under check (PUC) certificate
- A duly filled and signed claim application form
- The driving licence of the person riding the insured bike at the time of the accident
- The insured bike's registration certificate (RC)
Documents Required for Theft Claim Settlement
If your bike is stolen, you need to file a theft claim with your insurance provider. Here are some documents that you must submit along with your claim application form along with the original keys of the bike:
- Copy of your driving licence
- Bike insurance policy documents
- Untraceable report from the police
- First Information Report (FIR) original copy
- The Hypothecator's NOC (if the bike is financed)
- A copy of the bike's RC (registration certificate)
- Forms 28, 29, 30, and 35, in addition to RTO transfer documents
Aprilia SRV Insurance - FAQs
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How long does it take to process a theft claim on your Aprilia SRV bike insurance policy?
If you submit all the necessary documents on time, your insurer will take approximately 45 to 90 days to process your theft claim application. -
Can I renew my lapsed Aprilia SRV two-wheeler insurance policy online?
Yes, you can renew your expired bike insurance policy. However, you should renew it before it lapses to protect your No Claim Bonus. Most insurers offer a grace period of up to 90 days, allowing customers to renew their expired policies and still have NCB benefits. -
Is a valid two-wheeler insurance policy mandatory for my discontinued Aprilia SRV?
Yes, all two-wheelers in the country must have a valid bike insurance policy, regardless of their age and market availability. -
What happens if I forget to renew my Aprilia SRV bike insurance policy?
If you forget to renew your bike insurance policy, it will expire, and you will lose your coverage. You will become liable for any damages sustained or caused by your bike. -
Do I need to transfer my Aprilia SRV bike insurance policy if I sell it?
Yes, you have to transfer your bike insurance policy to the new owner within 15 days of the vehicle sale.


