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About Evolet Bikes
Evolet was established in 2019 under Rissala Electric Motors. The company is a new entrant in the Indian two-wheeler market. It specialises in electric vehicles, offering models like the Polo scooter, the versatile Derby, and the cruiser-style Hawk. Each bike model is designed to deliver efficient performance across varied riding needs. Evolet has steadily expanded its lineup to meet the growing demand for eco-friendly, modern, and reliable motorcycles in India.
Popular Evolet Bike Models With Bike Insurance Price
| Evolet Bike Models (Registration 2024) | Zero Dep Cover* (Add-on Cover) | Estimated Evolet Insurance Price* (1+5 Bundled Policy) |
| Evolet Derby Classic (Li-Ion) | ₹ 335 | ₹ 2,963 |
| Evolet Derby EZ (Lead Acid) | ₹ 218 | ₹ 2,681 |
| Evolet Polo Classic (Li-Ion) | ₹ 460 | ₹ 2,926 |
| Evolet Polo EZ (Lead Acid) | ₹ 152 | ₹ 2,795 |
| Evolet Polo Pony Classic (Li-Ion) | ₹ 425 | ₹ 2,889 |
| Evolet Polo Pony EZ (Lead Acid) | ₹ 146 | ₹ 2,654 |
*Disclaimer: Evolet insurance price may vary based on the selected insurance provider, specific bike model, year of manufacture, registration location, and the Insured Declared Value (IDV). Costs may also change if additional coverages are included.
Evolet Insurance Price Calculator
To get an accurate idea of your Evolet insurance price, try the bike insurance calculator on Policybazaar.com. This simple tool gives you an instant estimate of policy costs, making it easy to compare and evaluate coverage options for your Evolet bike.
Enter these details in the calculator:
- Ex-showroom price of your Evolet bike
- Model and variant of the bike
- RTO location and year of registration
- Claims history, if any
Coverage Under Evolet Insurance Policy
- Inclusions
- Exclusions
Here are some common inclusions in an Evolet insurance online policy:
- Theft or Total Loss: In case your Evolet bike is stolen or declared a total loss, the policy cover offers compensation to ease your financial burden.
- Accidental Damage: This coverage includes damages from accidents involving your Evolet bike. It protects you from repair costs for both your vehicle and any third-party property or injury claims.
- Natural Disasters: Safeguard against unexpected natural events such as floods, earthquakes, landslides, storms, and similar incidents that could damage your bike.
- Civil Disturbances: This covers damages caused by civil unrest, including riots, strikes, vandalism, or other public disturbances.
- Fire-Related Incidents: Provides financial protection in case of fire, explosion, or similar events causing significant damage to your motorcycle.
The following exclusions may apply to Evolet Insurance online policy:
- Expired Licenses or Incomplete Documentation: Claims may be denied if your driver's license is expired or documentation is incomplete.
- Routine Wear and Tear: Maintenance costs, internal breakdowns, and regular wear and tear are not included.
- Out-of-Area Incidents: Any damage occurring outside the defined coverage area or after policy expiration will not be covered.
- Improper Use or Negligence: Damages arising from improper usage, negligence, or illegal activities are excluded from the policy.
- Influence of Alcohol or Drugs: If an accident occurs while you're under the influence of substances, the policy will not cover the resulting damages.
*Disclaimer: Policy terms may vary, so always review your Evolet insurance online policy to understand specific inclusions and exclusions. This way, you’ll know your eligibility to make a claim.
How to Buy/Renew Evolet Insurance Online?
To buy or renew your Evolet Insurance policy, simply follow these easy steps:
- Step 1: Go to Policybazaar.com and select the ‘Bike Insurance' section from the homepage available under ‘Insurance Products'.
- Step 2: For renewals, enter your Evolet motorcycle's registration number. For new policies, select ‘Bought a new bike'.
- Step 3: Fill in all requested information accurately, including your Evolet motorcycle's model, variant, registration year, and RTO location.
- Step 4: Review the available insurance plans. Compare various coverage options and benefits to find the Evolet insurance policy that meets your needs for comprehensive protection.
- Step 5: Choose between comprehensive coverage for wider protection or third-party insurance for essential cover. You may also add features like zero depreciation, engine protection, or roadside assistance to enhance your Evolet Insurance online policy.
- Step 6: Finalise your purchase by completing the payment. Once payment is successful, your Evolet insurance policy document will be emailed to you directly, confirming active coverage and ensuring peace of mind.
Evolet Insurance Policy Add-ons
Enhance your Evolet insurance policy with these add-ons:
- Engine Protection Cover
- 24/7 Roadside Assistance
- Consumables Cover
- Return-to-Invoice (RTI) Cover
- Personal Accident Cover
- Passenger Assistance Cover
- No Claim Bonus (NCB) Protection
- Zero Depreciation Cover
Add-ons for your two wheeler insurance
How to Claim Evolet Insurance Online
Making an Evolet insurance claim is an easy process when you follow these steps:
- Step 1: Begin by contacting your insurance provider promptly to register your claim. Provide clear details about the incident, and keep your policy number handy.
- Step 2: Once registered, your insurer will assign a surveyor to assess the damage to your Evolet bike.
- Step 3: Prepare and submit all necessary documents for the Evolet insurance claim. These typically include a valid ID, the completed claim form, your original policy document, and your bike's registration certificate. Providing photos of the damage as evidence can further support your claim.
- Step 4: If you're opting for a cashless claim, take your bike to an authorised Evolet service centre. Here, the insurer will cover repair expenses directly, based on the surveyor's report.
- Step 5: For repairs at a non-network service centre, you'll need to initially cover repair expenses yourself. Submit the bills and receipts afterward to your insurance provider for reimbursement.
Documents Needed for Evolet Insurance Claim
You will need these documents for Evolet insurance claim:
- Pictures of the damage
- Valid driving licence
- Filled in claim form
- Repair cost estimate
- Bike's Registration Certificate (RC)
- FIR or police report (if applicable)
- Original Evolet insurance policy document
- Receipts for completed repairs (if applicable)
- No Objection Certificate (NOC) from the financer, if required
Evolet Insurance Online FAQs
-
Q1. Is third-party liability insurance mandatory for Evolet bikes?
Ans: Yes, as per Indian law, third-party liability insurance is mandatory for all vehicles, including Evolet bikes, to cover damages to third parties -
Q2. How can I get a No Claim Bonus (NCB) on Evolet insurance?
Ans: You earn NCB on your premium for each claim-free year, which reduces your premium during policy renewal. -
Q3. What is a cashless claim in Evolet insurance policy?
Ans: A cashless claim allows you to get repairs done at an authorised service centre without paying upfront, as the insurer settles directly with the workshop. -
Q4. Is personal accident cover included in Evolet bike insurance?
Ans: Yes, personal accident cover for the owner/rider is typically included in the policy, offering financial protection in case of injuries. -
Q5. How do I get duplicate documents if I lose my Evolet insurance policy?
Ans: You can request duplicate documents from your insurer by providing the necessary details. In some cases, you may have to pay a nominal fee to get a duplicate copy.
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Written By: PolicyBazaar
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Disclaimer: The list mentioned is according to the alphabetical order of the insurance companies. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in
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Read more^The renewal of insurance policy is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. Actual time for a transaction may vary subject to additional data requirements and operational processes.
^The buying of Insurance policy is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. Actual time for transaction may vary subject to additional data requirements and operational processes.
#Savings are based on the comparison between highest and the lowest premium for own damage cover (excluding add-on covers) provided by different insurance companies for the same vehicle with the same IDV and same NCB.
*TP price for less than 75 CC two-wheelers. All savings are provided by insurers as per IRDAI-approved insurance plan. Standard T&C apply.
*Rs 538/- per annum is the price for third party motor insurance for two wheelers of not more than 75cc (non-commercial and non-electric)
#Savings are based on the comparison between the highest and the lowest premium for own damage cover (excluding add-on covers) provided by different insurance companies for the same vehicle with the same IDV and same NCB.
*₹ 1.5 is the Comprehensive premium for a 2015 TVS XL Super 70cc, MH02(Mumbai) RTO with an IDV of ₹5,895 and NCB at 50%.
*Rs 457/- per annum is the price for the third-party motor insurance for private electric two-wheelers of not more than 3KW (non-commercial).The list of insurers mentioned are arranged according to the alphabetical order of the names of insurers respectively.Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. The list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in
