Buy/Renew TVS Raider Insurance Online Starting from ₹457.*

What is TVS Raider Insurance

Whether you’ve just bought a brand new TVS Raider or have been cruising for years, protecting your bike with the right insurance coverage is non-negotiable. A well-chosen TVS Raider insurance plan does more than just meet legal requirements as it safeguards you against unexpected expenses arising from accidents, theft, natural disasters, and third-party liabilities. With the right coverage in place, you can ride with confidence, knowing you’re financially protected every time you go on a ride. Read on to explore the best two-wheeler insurance policy for your TVS Raider.

TVS Raider Variants	*Zero Dep Cover (Add-on Cover)**	Estimated TVS Raider Bike Insurance Price (1+5) Bundle Policy
Single Seat (125 cc)	₹217	₹ 4,083 onwards
Smartxonnect (125)	NIL	₹ 3,990 onwards
Super Squer Edition (125 cc)	NIL	₹ 4,030 onwards

*Disclaimer: The table given here is for reference only. The insurance premium for your TVS Raider is based on various factors such as your bike's IDV, registration location, registration year, add-on policies, and so on.

Reasons to Buy TVS Raider Insurance Online from Policybazaar.com

Easily compare bike insurance price from various providers to find the most suitable coverage at an affordable price.
Customise your policy by adding optional bike insurance add-ons like zero depreciation, engine protection, and personal accident to enhance your protection.
Easy claim settlements process, whether you opt for cashless repairs at network garages or reimbursement for out-of-pocket expenses.

Coverage Under TVS Raider Insurance

Inclusions
Exclusions

A TVS Raider insurance policy typically covers the following:

Third-party liability cover, safeguarding you against legal and financial liabilities arising from accidents causing injury or property damage to others.
Personal accident cover for the owner-rider. You can get compensation in case of injury, disability, or death resulting from a bike accident.
Any damages caused to your bike during accidents.
Coverage for damages caused by fire and explosion.
Protection against losses or damages occurring during transit of the bike.
Losses and damages due to natural calamities like floods, storms, and earthquakes.
Damages caused due to vandalism, strikes, riots, and other events causing civil unrest.
Damages and losses due to theft of your bike.

However, there are certain scenarios where your TVS Raider insurance policy may not provide coverage:

Damages resulting from driving under the influence of alcohol or drugs.
Losses and damages incurred while riding without a valid license.
Mechanical or electrical breakdowns, wear and tear, or depreciation.
Damages caused by nuclear threats, wars, or general civil unrest.
Consequential losses or damages that are not directly related to the initial impact of the insured event.
Accidents occurring outside the geographical limits mentioned in the policy.
Accidents due to intentional actions or negligence.

*Disclaimer: The above-mentioned inclusions and exclusions are general in nature and may vary depending on the insurer.

TVS Raider Insurance Add-ons

You can enhance the coverage of your TVS Raider insurance policy with optional add-ons mentioned below:

Zero Depreciation Cover: This cover eliminates the deduction of depreciation from your claim amount in case of accidents. This ensures that you receive the full value of the replaced parts. However, mandatory deductions will be applicable.
Engine Protection Cover: Damages to your bike's engine are not covered by standard comprehensive bike insurance policies. This policy safeguards your bike's engine against damages caused by water ingression, leakage of lubricating oil, or gearbox breakdowns.
Roadside Assistance (RSA) Cover: Get 24x7 support in case of emergencies like flat tyres, or fuel exhaustion while you are on the road. The insurer arranges fuel assistance and towing to nearest authorised centers as well.
NCB Protection Cover: This cover allows you to retain your No Claim Bonus even if you claim during the policy year.

How to Buy/Renew TVS Raider Insurance Online?

Step 1: Visit Policybazaar.com.
Step 2: Click on 'Bike Insurance' under the 'Insurance Products' section.
Step 3: Provide your TVS Raider's registration number and click 'View Prices'. If you're insuring a new bike, select 'Bought a New Bike' and fill in the required details about your bike's make, model, variant, and year of registration.
Step 4: Compare the prices, features, and benefits from various insurers to choose the most suitable policy for your needs.
Step 5: You can opt for additional covers like roadside assistance, pillion rider cover, or personal accident cover to enhance your protection.
Step 6: Enter your personal details, including name, contact number, and address.
Step 7: Make the payment using your preferred mode - credit/debit card, net banking, or UPI. Upon successful payment, your TVS Raider insurance policy documents will be sent to your registered email address.

How to Claim TVS Raider Insurance Online?

Cashless Claims Process

To file a cashless claim for your TVS Raider, adhere to the following procedure:
- Step 1: Inform your insurer about the damages as soon as possible to start the claims process.
- Step 2: The insurer will appoint a surveyor to check the damages and approve the necessary repairs.
- Step 3: Once the surveyor gives the go-ahead, the insurer will authorise the repair costs. Take your bike to the nearest network garage for repairs.
- Step 4: Upon completion of the repairs, the insurer will settle the bill directly with the garage, eliminating any out-of-pocket expenses for you.
Reimbursement Claim Process

If you prefer to file a reimbursement claim, follow these steps:
- Step 1: Notify your insurer about the damages and initiate the reimbursement claim process.
- Step 2: A surveyor assigned by the insurer will inspect the damages to your bike.
- Step 3: The surveyor will give a detailed assessment report to the insurer within 48 hours.
- Step 4: Complete the claim form and submit it along with original bills, receipts, and other necessary documents.
- Step 5: After claim approval, get your bike repaired at your preferred garage and pay the charges.
- Step 6: The insurer will reimburse the approved amount directly to your bank account.

Documents Required for TVS Raider Insurance Claims

To ensure a smooth claim process, keep the following documents handy:

A copy of your bike's RC i.e. Registration Certificate.
In case of theft, fire, property damage, or third-party injuries, submit a copy of the FIR filed.
For reimbursement claims, you will need the original repair bills and receipts.
A claim form that is duly filled and signed.
A copy of your valid driving license.
KYC documents (required for claims exceeding ₹1 lakh).

Additional Documents Required for TVS Raider Insurance Theft Claims

Original policy document.
RTO letter that declares your bike as 'No Use'.
The keys of your bike or its purchase invoice.
FIR filed (required claims due to legal incidents).
Non-traceable report for theft cases.
Letter of Subrogation.
A No Objection Certificate from the financier (if the bike is purchased on loan).

TVS Raider Insurance - FAQs

What is full insurance for a bike?

Full insurance refers to a comprehensive bike insurance policy which offers third-party liability coverage and own damage (OD) protection.
What are OD and TP in insurance?

OD (Own Damage) covers damages to your bike due to accidents, theft, or disasters, while TP (Third Party) insurance covers liabilities arising from injury, death, or property damage to a third party caused by your bike.
How much does 2-wheeler insurance cost?

The cost of 2-wheeler insurance varies based on factors like bike model, coverage type, engine capacity, and add-ons.
Is 3rd party insurance for 5 years?

Yes, as per Indian regulations, new bikes must have at least third-party insurance for a minimum of 5 years.