Keeway V302C Insuranc

The Keeway V302C balances vintage looks with modern performance. But to truly enjoy a ride on this cruiser bike, having a valid Keeway V302C insurance policy is essential. The policy can help you with accidental damages, third-party liabilities, losses due to natural disasters, and more. Here's a guide to the coverage, optional covers, and other details of the two-wheeler insurance policy for this bike.

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  • Save up to 85% by comparing plans
    Save up to 85%# by comparing plans
  • 20+ Insurers to choose from
    17+ Insurers to choose from
  • 1.2 Crore+ Bike Insured
    1.2 Crore+ Bike Insured
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Popular Keeway V302C Variants with Insurance Premium

Here's a summary of the starting prices for bike insurance for the three variants of Keeway V302C.

Keeway V302C Variants Zero Dep Cover (Add On Cover) Estimated Keeway V302C Bike Insurance Price Bundle Policy (5+1 years)
Glossy Black (298) Rs. 240 Rs. 7634
Glossy Grey (298) Rs. 240 Rs. 7634
Glossy Red (298) Rs. 240 Rs. 7634

*Disclaimer: The premium mentioned above is calculated using an online bike insurance premium calculator from Policybazaar.com. It is based on the year of registration, IDV, and registration location of the bike and varies from insurer to insurer. 

Reasons to Buy Keeway V302C Insurance Online from Policybazaar.com

Policybazaar Insurance Brokers Private Limited offers the following benefits to help you choose the most suitable two-wheeler insurance plan for your Keeway V302C.

  • Get No Claim Bonus (NCB) for every claim-free year, regardless of the claims for restoring glass, rubber, plastic, and fibre parts.
  • Network garages provide cashless repair services for accident-related damage.
  • You can dial 1800-258-5970 for any insurance-related inquiries. This customer service is operated around the clock.
  • Enjoy quick claim settlements for cashless as well as reimbursement claims.
  • Comprehensive two-wheeler insurance plans offer coverage for third-party liabilities as well as own damages.
  • In case of sudden breakdowns, you can get fuel delivery, battery jumpstart, on-call assistance, and other roadside assistance.

Coverage Under Keeway V302C Insurance

  • Inclusions
  • Exclusions

A standard Keeway V302C bike insurance policy covers the following risks:

  • Third-party injuries, property damages, or death.
  • Damages caused to your bike during road accidents.
  • Man-made disasters like vandalism, riots, and strikes.
  • Damages and losses caused in transit.
  • Theft of your Keeway V302C.
  • Damages caused by fire, self-ignition, or explosions.
  • Accidental injuries and disabilities of the owner.
  • Cyclones, floods, earthquakes, and other natural calamities.

Here are the common exclusions of Keeway V302C insurance:

  • Accidents caused while riding without a licence or a helmet.
  • Consequential losses and normal wear and tear of the bike.
  • Damages and losses due to war, nuclear risks, or mutiny.
  • Riding under the influence of alcohol and other intoxicants.
  • Damages caused outside the policy's geographical coverage.
  • Mechanical and electrical breakdowns.
  • Losses caused during speed tests, racing, or other risky activities.

*Disclaimer: The Keeway V302C bike insurance coverage is different for each insurance company. Go through the policy wordings to understand the coverage.

Keeway V302C Insurance Add-Ons

Optional covers or bike insurance add-ons covers offer extra protection beyond the standard policy at an additional cost. Here are some popular options to consider.

  • Depreciation Allowance: If you have this add-on, depreciation would not be deducted from the claim amount for the repair or replacement of the bike's parts.
  • 24x7 Roadside Assistance Cover: optional cover offers emergency services like tyre replacement, towing, on-spot repairs, and battery jumpstart if your bike breaks down in the middle of your journey.
  • Conveyance Benefit: your bike is in a garage for repairs, the insurer would compensate for the travel expenses incurred for cabs for your daily commute, if you have this optional cover.
  • NCB Protection Cover: Claim Bonus or NCB is a discount offered on your Keeway V302C insurance price for every claim-free year. With this add-on, your NCB benefits remain intact despite filing a claim.

How to Buy/Renew Keeway V302C Insurance Online?

Here's a simple guide to purchasing or renewing your Keeway V302C insurance policy through Policybazaar Insurance Brokers Private Limited.

  • Step 1: Visit Policybazaar.com and click on 'Bike Insurance' under 'Insurance Products' on the homepage.
  • Step 2: Enter your bike's registration number to renew your insurance. If your bike is new, click on Bought a New Bike?'.
  • Step 3: Fill out the form with all the necessary details.
  • Step 4: Choose the type of insurance you prefer, third-party or comprehensive.
  • Step 5:Pick any add-on covers you'd like to include, such as consumables cover or nil depreciation cover.
  • Step 6: The website will show a list of available bike insurance policies. Compare, choose a plan, and pay the premium using an online payment option.
  • Step 7: Once the transaction is complete, your policy documents will be sent to your registered email address.

How to Claim Keeway V302C Insurance Online?

The process of filing a claim under Keeway V302C bike insurance depends on whether you are filing a cashless or a reimbursement claim.

  1. Cashless Claim Settlement

    Here's the process for filing cashless claim applications.

    • Step 1: Report the accident to your insurer as soon as possible.
    • Step 2: The insurer will assign a surveyor to check the accidental damage and prepare an inspection report.
    • Step 3: Once the repair estimate is approved, you will be asked to take your bike to any network garage.
    • Step 4: After the repairs are completed, the insurer will settle the repair costs directly with the garage.
  2. Reimbursement Claim Settlement

    Here's how you can file a reimbursement claim under bike insurance.

    • Step 1: Contact your insurer and report the bike accident promptly.
    • Step 2: A surveyor will inspect your Keeway V302C and assess the damage.
    • Step 3: An assessment report will be prepared and submitted to the insurer within 48 hours.
    • Step 4: Provide a duly filled and signed claim form along with the necessary documents.
    • Step 5: The insurer will soon approve the claim. Then, take the bike to your chosen garage for repairs and pay the cost yourself.
    • Step 6: You will receive the compensation for this cost in your bank account from the insurer.

Documents Required for Keeway V302C Insurance Claims

Attach the following documents with your claim form for a smooth claims settlement.

  • Registration certificate (RC).
  • A valid licence for riding a bike.
  • Estimate of repairs or original bills.
  • A completed and signed claim form.
  • An FIR, if the incident involves death, property damage, fire, etc.
  • Proof of payment for any amount borne by you.
  • KYC documents if the claim exceeds Rs. 1 lakh.

Additional Documents Required for Keeway V302C Insurance Theft Claims

The following extra documents are required for claims related to bike theft.

  • Police FIR confirming the theft.
  • A non-traceable report.
  • A letter of subrogation.
  • The bike's original registration certificate.
  • The bike's keys or purchase invoice.
  • NOC from the financier of the bike.
  • A letter declaring the bike as 'No Use' provided by the RTO.
  • The original bike insurance policy documents.

FAQs

  • Q. Is Keeway V302C bike insurance compulsory?

    Ans: Yes, getting a third-party bike insurance policy is compulsory for the Keeway V302C. This is mandated in India, as per the Motor Vehicles Act 1988.
  • Q. What is a 5-year Keeway V302C bike insurance?

    Ans: A 5-year Keeway V302C bike insurance policy is a multi-year policy that provides protection for 5 years. It is more affordable than renewing your insurance policy annually.
  • Q. How to calculate the Keeway V302C bike insurance premium?

    Ans: You can calculate your Keeway V302C insurance price using online bike insurance premium calculators available on Policybazaar.com without paying any extra charge.
  • Q. What is meant by total loss in Keeway V302C bike insurance?

    Ans: In Keeway V302C bike insurance, total loss means a situation where your bike is stolen and untraceable or its repair cost is more than 75% of its Insured Declared Value (IDV).

Written By: PolicyBazaar
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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