TVS Victor Insurance

Protecting your TVS Victor with the right insurance policy is crucial for a worry-free riding experience. Beyond compliance with legal requirements, a comprehensive TVS Victor insurance plan provides added benefits like own damage protection and peace of mind, making it a smart investment for every rider. You can get add-on policies at an extra cost to extend the scope of your insurance coverage.

TVS Victor Variants	*Zero Dep Cover (Add-on Cover)**	Estimated TVS Victor Bike Insurance Price (1+5) Bundle Policy
Electric Start Disc Brake(110 cc)	-	₹ 3,940 onwards
Electric Start Drum Brake (110 cc)	-	₹ 3,939 onwards
GL (109 cc)	-	₹ 3,916 onwards
GLX Disc Brake (110 cc)	-	₹ 3,925 onwards

*Disclaimer: The table above is only for reference purposes. The actual insurance premium for your TVS Victor will be calculated based on factors like your bike's IDV, registration location, registration year, add-on policies, and more.

Reasons to Buy TVS Victor Insurance Online from Policybazaar.com

Here are the top reasons why you should get a TVS Victor insurance policy from Policybazaar.com.

Access competitive Victor insurance price lists from leading providers to find coverage that suits your needs and budget.
Customise your policy and enhance protection with add-ons like zero depreciation, roadside assistance, personal accident cover, and engine protection.
Benefit from faster claim settlements, whether you opt for cashless or reimbursement options.
Get third-party damage coverage, safeguarding against injury, damage, or loss caused to a third party in case of an accident.
During the Victor insurance renewal or purchase or process, you can count on expert customer support to address any queries or concerns. Call 1800-258-5970 for quick assistance.
You can avail a rewarding No Claim Bonus (NCB) on your premium if no claims are made during the policy term.
Take advantage of substantial discounts to make your Victor insurance price affordable.

Coverage Under TVS Victor Insurance

Inclusions
Exclusions

The TVS Victor insurance policy provides coverage for the following:

Loss or damage due to natural disasters such as floods, hurricanes, or earthquakes.
Personal accident coverage for the owner-rider, which covers injuries, disabilities, or death.
Damages sustained during the transportation of the bike.
Accidental damage to the insured vehicle.
Third-party liability coverage for harm or damage caused to another person or property by the insured bike.
Loss or damage caused by explosions or fire-related situations.
Coverage for theft-related losses to your TVS Victor.
Damages resulting from civil disturbances like riots, strikes, or vandalism.

The TVS Victor insurance policy does not cover the following situations:

Damages caused by intentional actions or negligence.
Wear and tear of the bike, depreciation, or mechanical and electrical breakdowns.
Losses arising from war, nuclear risks, or civil unrest.
Damages sustained while using the bike without a valid driver's license.
Consequential losses beyond the immediate damage.
Damages incurred outside the geographical limits outlined by the policy.
Accidents that happened while riding under the influence of alcohol or drugs.

*Disclaimer: The coverages mentioned above are general and may vary from insurer to insurer

TVS Victor Insurance Add-ons

Add-on policies allow you to expand the scope of your insurance coverage at an additional cost. Here are some important add-on policies that you can consider for your TVS Victor.

Mandatory Personal Accident (PA) Cover: As per IRDAI guidelines, Compulsory Personal Accident (PA) cover is an add-on offered to the owner/driver of the insured two-wheeler, provided they hold a valid driving license. This cover has a limit of ₹15 lakh and offers full compensation to the policyholder's nominee in case of sudden death due to a road accident. It also provides compensation for injury or permanent disability of the policyholder.
Return to Invoice (RTI) Cover: In the event of total loss or theft, the insurer pays the 'Insured Declared Value (IDV)' of the insured bike. However, if you have the Return to Invoice cover, you can recover the invoice/on-road price of the vehicle, including registration and taxes.
NCB Protection Cover: For every claim-free year, policyholders can avail of a discount on the renewal of their own damage premium, known as the No Claim Bonus (NCB). The NCB ranges from 10% to 50%. With NCB protection cover, policyholders can retain their NCB and enjoy discounts during renewals, even if they raise a claim during the policy tenure.
Passenger Cover: Passenger Cover provides additional financial coverage to the co-passenger or rider in case of a road accident. This add-on protects the pillion rider against bodily injuries or death resulting from accidents or insured perils mentioned in the policy documents.

How to Buy/Renew TVS Victor Insurance Online?

Follow these straightforward steps to purchase or renew your TVS Victor insurance online at Policybazaar.com:

Step 1: Launch your web browser and visit Policybazaar.com.
Step 2: Find the 'Insurance Products' section and choose 'Two Wheeler Insurance'.
Step 3: Provide the registration number of your bike and click on the 'View Prices' option. If you don't have the registration number, select 'Bought a New Bike' and provide details like the bike's make, model, variant, and registration year.
Step 4: Compare the Victor insurance price list from various insurers. Check and compare their features, coverage, and premium costs. Select the one that best suits your requirements.
Step 5: Consider adding add-on covers like Personal Accident Cover, NCB Protection, or Pillion Rider Cover to enhance the scope of your coverage.
Step 6: Fill in your personal details, including name, contact information, and address.
Step 7: Select your preferred payment method - credit/debit card, net banking, or UPI.
Upon successful payment, you will receive your TVS Victor insurance documents via email.

How to Claim TVS Victor Insurance Online?

Cashless Claims Process

To file a cashless claim for your TVS Victor, adhere to these steps:
- Step 1: Inform your insurance provider about the damage promptly. Early reporting initiates the claims process sooner.
- Step 2: The insurer will select a surveyor to check the damage and authorise the necessary repairs.
- Step 3: After the approval, the insurer will confirm the repair costs. Take your bike to the nearest network garage for the repair work.
- Step 4: Once the repair is finished, the insurance provider will pay the repair expenses directly to the network garage. There are no out-of-pocket costs for you.
Reimbursement Claim Process

To initiate a reimbursement claim, follow these steps:
- Step 1: Reach out to your insurer as soon as possible to report the damages. This will initiate a reimbursement claim.
- Step 2: Your insurer will send a surveyor to inspect the damages to your bike.
- Step 3: Within 48 hours, the surveyor will prepare a comprehensive evaluation report and send it to the insurer.
- Step 4: Complete the claim form and attach original invoices, receipts, and any other pertinent documents.
- Step 5: After your claim is approved, take your bike to a garage of your choice for repairs and pay the charges upfront.
- Step 6: The insurer will transfer the amount for the damages directly to your bank account.

Documents Required for TVS Victor Insurance Claims

When submitting a TVS Victor insurance claim, it's crucial to have the appropriate documents on hand for a seamless process. Keep the following documents readily available:

For reimbursement claims, provide the original repair invoices and receipts.
KYC documents (required if the damage to your bike is more than ₹1 lakh).
A copy of your bike's Registration Certificate (RC).
If your claim involves fire, death, property damage, or third-party injuries, submit a copy of the FIR filed.
Invoices for the repair work done on your bike.
Copy of your valid driving license.
A completed claim form with your signature.

Additional Documents Required for TVS Victor Insurance Claims

RC of the bike (submit the original one).
Letter of Subrogation.
FIR filed (needed for claims related to legal incidents).
The keys or the purchase invoice of your bike.
A non-traceable report if you are filing a claim for a stolen bike.
Original TVS Victor insurance policy papers.
A letter from the jurisdictional RTO declaring the bike 'No Use'.
No Objection Certificate (NOC) from the lender (if the bike is financed).

TVS Victor Insurance- FAQs

Q. Can I buy 1 year insurance for a new bike?

Ans: No, as per the Motor Vehicles Act of 1988, new bikes must have a minimum of 5 years of third-party insurance, though own-damage cover can be purchased annually.
Q. What is no claim bonus?

Ans: No claim bonus (NCB) is a discount on your insurance premium. It is provided by your insurer for not making any claim during the policy period.
Q. What is 25% NCB?

Ans: 25% NCB discount is given if you do not make any claim for two consecutive policy periods.
Q. What is bumper-to-bumper insurance?

Ans: 'Bumper-to-bumper insurance' is another name for the zero depreciation add-on cover. If you have this policy, depreciation will not be deducted from your claim amount in case your bike is stolen or damaged beyond repair.