Ather Insurance

Popular Ather Energy Models with Insurance Premium

*Disclaimer: The above table is for reference purposes only. The Ather Energy e-scooter insurance premium may vary depending upon several factors, such as chosen IDV, registration year, registered location, type of coverage, add-ons, etc.

Reasons to Buy Ather Insurance Online from Policybazaar.com

Here are a few compelling reasons to buy bike insurance online from Policybazaar Insurance Brokers Private Limited for your Ather Energy electric bike:

• Convenience: Purchase and manage your Ather insurance policy from the comfort of your home at any time.
• Compare & Save: Compare various e-bike insurance plans and premium rates from multiple insurers to find the best deal.
• Instant Quotes: Get quick and accurate insurance quotes tailored to your specific Ather e-scooter model and requirements.
• Secure Transactions: Benefit from secure online payment options that protect your financial data.
• Easy Documentation: Upload and manage necessary documents electronically without the hassle of physical paperwork.
• 24/7 Support: Access customer support and policy assistance anytime, ensuring your queries are resolved promptly.

Types of Ather Insurance Plans

Here are three common types of e-bike insurance plans that you can choose from for your e-scooter:

1. Third-Party Bike Insurance Policy

   This is the most basic and mandatory type of plan according to the Motor Vehicle Act of 1988. It covers damages or injuries caused to third parties (people or property) in case of an accident involving the insured e-scooter. A third-party bike insurance policy protects the policyholder from the legal and financial liabilities arising from accidents where they are at fault.

2. Comprehensive Bike Insurance Policy

   A comprehensive bike insurance plan provides broader coverage, including third-party liability and protection for your own e-scooter against various risks. It typically covers the repairs or replacement costs if your e-scooter is damaged in an accident, natural calamities, man-made disasters, etc. Additionally, it provides compensation if your e-scooter is stolen.

3. Own-Damage Bike Insurance Policy

   The standalone own-damage (OD) bike insurance policy coverage is a type of bike insurance policy that covers the vehicle from several unforeseen risks, such as theft, accident, etc. Moreover, this policy is purchased only with a mandatory third-party bike policy for enhanced protection.

*Disclaimer: The above-mentioned inclusions & exclusions are for reference purposes only. Kindly refer to the policy wordings to understand what exactly is covered.

Ather Insurance Add-on Covers

Add-on covers, commonly known as riders, are purchased with your comprehensive bike insurance plan or own-damage bike insurance policy to enhance the coverage by paying an extra premium. Here are some common add-ons available with your Ather insurance policy:

• Zero Depreciation Cover: This add-on ensures that in case of a claim, the insurance company will pay the full cost of repairs without deducting implied depreciation. It provides complete financial protection for parts and components.
• 24x7 Roadside Assistance Cover: As the name suggests, policyholders are provided round-the-clock assistance for emergencies like breakdowns, flat tyres, or battery issues. It ensures prompt support wherever and whenever needed.
• Invoice Price Cover: In the event of a total loss or theft, the Return-to-invoice add-on cover reimburses the invoice price of the e-scooter rather than its depreciated value.
• Personal Accident Cover: PA coverage is available with both a third-party and comprehensive bike insurance policy. It is a mandatory add-on cover that compensates for the rider's injuries or death in an accident, ensuring financial support for medical expenses or legal heirs.

How to Buy Two-Wheeler Insurance Online for Ather E-Scooter?

Buying Ather insurance online is quite simple from Policybazaar.com. Follow the below procedure to get into your registered email ID:

• Step 1: Go to the official website of Policybazaar Insurance Brokers Private Limited and
• Step 2: Navigate to the 'Insurance Products' and click on the 'Bike Insurance' button.
• Step 3: Enter your bike number and click on 'View Prices'. If you do not have any bike number, click on 'Bought a New Bike'.
• Step 4: Select the information about your Ather e-scooter, such as the city & RTO, manufacturer, model & variant, and registration year. Click on 'View Plans'.
• Step 5: Compare various plans offered by the top insurance companies of India.
• Step 6: Select between third-party or comprehensive bike insurance plans.
• Step 7: Choose additional covers like zero depreciation, personal accident cover, etc.
• Step 8: Make the payment through UPI, net banking, or credit/debit card and the e-bike insurance policy will be sent to your registered email address.

How to Renew Ather Insurance Online?

With Policybazaar.com, renewing Ather insurance online has become easier. Follow the below method, and it will take only a few clicks:

• Step 1: Go to the official website of Policybazaar Insurance Brokers Private Limited and
• Step 2: Navigate to the 'Renew Your Policy' and click on the 'Two-Wheeler Renewal' button.
• Step 3: Enter your e-bike number/Ather scooter number and click on 'View Prices'.
• Step 4: Look at different renewal offers and choose the one that fits your budget.
• Step 5: Complete the renewal form and make the payment online.
• Step 6: The renewed e-bike insurance policy will be emailed to you.

How to Raise Ather Insurance Claim Online?

To file an e-bike insurance claim for your Ather Energy e-bike model, follow the below procedure:

1. Cashless Claims Settlement

   For cashless claims, follow the below procedure and enjoy a hassle-free experience:

   • Step 1: Report the Incident: Inform the insurer about the accident or damage as soon as possible.
   • Step 2: Vehicle Survey: The insurer will arrange to survey the damaged e-scooter and prepare an assessment report.
   • Step 3: Assessment Confirmation: The insurer will confirm the assessment amount and send it to the authorized garage (commonly known as the network garage) for repairs.
   • Step 4: Direct Settlement: The insurer will settle the bills directly with the garage after repairs.

2. Reimbursement Claims Settlement

   In case you want to choose the garage on your own, follow the below reimbursement claim settlement process:

   • Step 1: Notify the Insurer: Report the incident to the insurer's helpline.
   • Step 2: Survey and Assessment: The insurer will conduct a survey and issue an assessment report.
   • Step 3: Document Submission: Provide all required documents to the insurer.
   • Step 4: Repair and Payment: Get your Ather e-scooter repaired at a garage and pay the bills yourself.
   • Step 5: Reimbursement: The insurer will transfer the reimbursement amount to your bank account.

Documents Required for Ather Insurance Claim

Here is a list of documents required for raising Ather insurance claims online:

• Filled and signed claim form by the insured.
• Valid driving license of the rider (the one who was riding the e-scooter at the time of the accident).
• The e-scooter's registration book or RC.
• Ather e-bike insurance papers.
• KYC details are required if the damage cost exceeds ₹ 1 lakh.
• FIR report is needed for cases involving fire, third-party injuries, property damage, or death.
• Documents related to repair estimates and bills.
• Proof of payment for repairs.

Documents Required for Raising Theft Claims

In case of a stolen e-bike, the following documents are required:

• RC book or original registration certificate of e-scooter.
• The original insurance policy documents.
• The original keys, along with the purchase invoice.
• Police FIR of the stolen vehicle.
• The documents stated that the vehicle could not be traced.
• A Letter of Subrogation transferring the right to claim to the insurer.
• No Objection Certificate from the financer, if applicable.

A letter from the RTO declaring the e-scooter as 'No Use.'