Suzuki Bike Insurance

You are cruising down a scenic road on your brand-new Suzuki bike, the wind in your hair and freedom at your fingertips. Suddenly, out of nowhere, a vehicle swerves into your lane and you narrowly avoid an accident. While your quick reflexes save the day, the scare makes you realise something — having a sturdy bike is not enough. You need a reliable bike insurance policy that protects you and your Suzuki from the uncertainties of the road.

What are the types of Suzuki bike insurance plans?

Listed below are three types of Suzuki bike insurance plans —

Comprehensive Bike Insurance

As the name suggests, this policy provides complete financial protection against incidents that could damage your vehicle. This includes protection from natural calamities, man-made disasters, fire and theft. Additionally, the policy also offers protection against third-party liabilities.

Third-Party Bike Insurance

This is the basic coverage mandated by law to ride a bike in India legally. It provides financial protection against damage caused to pedestrians, motorists or their property by your insured bike. However, it does not cover damage to the insured bike itself. It is important to note that you cannot purchase add-on riders with third-party Suzuki bike insurance.

Standalone Own Damage Bike Insurance

As the name suggests, the policy only covers damage to the insured bike from incidents such as natural disasters, theft and more. You can purchase this plan only if you have active third-party liability coverage. Adding riders to increase the coverage scope is also available under this plan.

What is covered in Suzuki bike insurance?

Inclusions
Exclusions

Natural disasters
Escaping natural calamities is sometimes impossible, but this is where we step in. We will cover the repair costs if your Suzuki bike sustains damage due to an earthquake, tsunami, flood or cyclone.
Manmade disasters
If you have parked your bike outside your office and someone vandalises your vehicle, simply call us. We will take care of the costs associated with repairs and replacements.

Personal accident
If you are injured while riding your insured bike, we will take care of all medical bills related to your treatment. In the unfortunate event of a permanent disability or death, we will provide a lump sum payment to you or your beneficiary to ease the financial burden.
Third-party liability
If an unfortunate accident occurs involving your Suzuki bike, whether it is an injury to a pedestrian, another driver or property damage, we will look after the legal liabilities.

Suzuki bike insurance is not applicable on normal wear and tear, mechanical or electrical breakdown failure, or any consequential losses.
In the event of burglary, theft, or housebreaking, if only the accessories are stolen and not the bike, Suzuki two-wheeler insurance is not applicable.
Our Suzuki bike insurance policy will not cover you if you are caught driving while intoxicated.
Our Suzuki two-wheeler insurance will not cover you if you ride without the permission of the owner or if you use your bike for racing or illegal activities.
Our Suzuki bike insurance is not applicable if the damage is only to the tubes and tyres and not the bike.

Policy documents: Two wheeler vehicle package policy wordings

How to renew Suzuki bike insurance plans?

Bike renewal made easy — No more long waits! Here’s the quickest way to renew your Suzuki bike insurance policy —

1
Click here to visit our Suzuki bike insurance renewal page.
2
Share your bike registration number or your registered mobile number.
3
Tap on ‘Proceed’
4
Follow the given instructions to renew your bike insurance online.

You can also click on the link provided on your registered mobile number or email address to renew your Suzuki bike insurance plan within minutes.

Suzuki Bike Insurance Claim Procedure

No more waiting! With a few easy steps, your Suzuki bike insurance claim is ready for approval.

Step 1

Contact us immediately by calling our toll-free number, 1800 2666 or registering your claim easily via the IL TakeCare app.

Step 2

Open the InstaSpect feature in the IL TakeCare app and stream a live video to highlight the damage to your bike from multiple angles.

Step 3

Once we review your inspection report and documents and everything checks out, we will approve your claim for relevant repairs and replacements.

Please click here for detailed information on our claim process.

Documents Required for Suzuki Insurance Claim

A completed and signed claim request form with NEFT mandate form
A copy of your Suzuki bike insurance policy
A copy of your bike’s Registration Certificate (RC) along with the original road tax receipts for verification
A copy of your driver's licence or the licence of the person riding the bike during the incident
A police FIR report (if there are third-party bodily injuries, death or damage involved)
Original repair bills and payment receipts
An estimate of the damage repair or replacement costs from the garage (for cashless claims)

Please click here to check the entire list of necessary documents.

About Suzuki bikes

The history of Suzuki in India dates back to 1982, when it entered the market in collaboration with TVS Motor. Those were the days when Suzuki was winning the hearts of bike enthusiasts with the Ind-Suzuki AX100. However, two decades later, in 2001, the collaboration ended, and Suzuki re-entered the market independently in 2006. Since then, it has launched several successful models, including the Gixxer series, Hayabusa, Access 125 and Intruder.

Popular Suzuki two-wheeler models

Suzuki Intruder

Although it is a discontinued model, this cruiser bike, available in the second-hand market, is powered by a 154.9 cc single-cylinder engine with features such as an air-cooling system and a four-stroke mechanism. The engine can generate a maximum power of 14.8 PS at 8,000 rpm and a torque of 14 Nm at 6,000 rpm. If maintained properly, you can expect a city mileage of 47.6 kmpl and around 54 kmpl on highways. The Intruder has a ground clearance of 170 mm, a wheelbase of 1,405 mm, and a kerb weight of 148 kg.

Suzuki Hayabusa

The Suzuki Hayabusa has two variants: the standard and the 25th Anniversary Celebration Edition. The exclusive showroom price of the former is INR 16,91,968, while the latter is priced at INR 17,70,000. Both models are equipped with a 1,340 cc engine. Considering it is a superbike, the mileage of 18 kmpl is better than many other models in the same segment. Other features of this bike include a maximum power of 190 bhp @ 9,700 rpm, peak torque of 142 Nm @ 7,000 rpm, three different riding modes, Dual Channel ABS, and a ground clearance of 125 mm.

Frequently asked questions about Suzuki bike insurance

What is the IDV in Suzuki motorcycle insurance?

The IDV (Insured Declared Value) in Suzuki motorcycle insurance refers to the maximum sum an insurer will pay in case of total loss or theft of the bike. It is based on the motorcycle's market value, which is further affected by depreciation and make & model.

What are the benefits of buying a Suzuki two-wheeler multi-year package policy?

When you buy a long-term policy, you enjoy continuous coverage and remain unaffected by any premium hikes by the IRDAI for the third-party component of your insurance or by the insurer for your own damage cover.

Why is depreciation charged on my Suzuki two-wheeler insurance?

Depreciation applies to vehicles because their value decreases over time due to wear and tear. When you file a claim, the insurer considers the depreciated cost of parts while compensating for repairs or replacement invoices. The IRDAI has fixed the depreciation rates for bikes and various components.

Why should I buy comprehensive insurance for my Suzuki bike or scooter?

Comprehensive insurance for your Suzuki bike provides extensive financial protection by covering third-party liabilities, theft and accidental damage to your vehicle. It also safeguards against natural calamities, fire and vandalism.

What are the add-on covers in Suzuki insurance for two-wheelers?

Add-on covers in Suzuki bike insurance include zero depreciation cover, engine protection, roadside assistance, consumables cover and no-claim bonus.

What is a cashless bike insurance claim for Suzuki bikes?

A cashless bike insurance claim for Suzuki bikes allows you to get your bike repaired at an insurer-approved garage without paying upfront. The insurer directly settles the repair costs, while you only have to pay the deductibles or non-covered expenses.

What documents are required for Suzuki insurance claims?

For Suzuki insurance claims, you will need the insurance policy, vehicle registration certificate, driver's license, a copy of the FIR (if applicable), claim form, repair estimate and original repair bills. Include photos of the damage and the accident site as well.

How to reduce your Suzuki bike insurance premiums?

To reduce your Suzuki bike insurance premiums, opt for higher voluntary deductibles, install anti-theft devices, maintain a clean driving record, and avoid unnecessary claims. Timely renewal and choosing the add-on coverage carefully can also help.

Reviews and ratings

4.6
Our customers have rated us
Based on 293 reviews

My interaction with the ICICI Lombard team was nothing short of excellent. They guided me perfectly through the complexities of the process of buying two wheeler insurance and responded to all my queries like experts. I am happy with the way it went.

Very good service provided by your agent. I am satisfied with the way he responded to my queries and provided suggestions regarding the bike insurance policy. He really simplified the whole process for me. Thanks.

I received clear and transparent information about the product from your customer service associate. She emphasised the importance of inclusions like third party liability and personal accident cover while making sure I didn’t have any doubts in my head. She was a great support throughout. I’d like to give her 10 out of 10 for the service.

The representative at ICICI Lombard was very helpful, patient, and clear while explaining the two wheeler policy to us. We had a few queries that needed solving before we could make a decision. Not only did he clarify our doubts but he also made sure we understood the product perfectly. Thanks!

Nice guidance and assistance offered on behalf of your salesperson. He shared his knowledge of the product with me and helped me understand its various features and benefits, such as towing assistance and cashless garages. I am grateful for the support.

Very good experience with ICICI Lombard. The agent was a thorough professional and did everything he could to make the transaction a smooth one. Thanks for making me feel at ease.

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Suzuki
Bike Insurance

Suzuki Bike Insurance

What are the types of Suzuki bike insurance plans?