What is the IDV in Suzuki motorcycle insurance?
The Insured Declared Value or IDV is the current market worth of your motorcycle. It is calculated by subtracting the depreciation on your bike as well as its accessories. In the event of an accident, you will not get compensation for repairs or maintenance that exceed the IDV of your bike.
What are the benefits of buying a Suzuki two wheeler multi-year package policy?
By purchasing a multi-year package policy for your bike, you can benefit from lower premiums, a No Claim Bonus and the confidence that your policy will not lapse anytime soon.
Why is depreciation charged on my Suzuki two-wheeler insurance?
Depreciation is the term used to describe the loss in the value of a bike over time. It is charged to determine the current market worth of your bike; that is the IDV of your bike. To cover the costs of depreciation in your insurance to some extent, buy a zero depreciation add-on.
Why should I buy comprehensive insurance for my Suzuki bike or scooter?
To protect your bike extensively from third-party liability as well as the bike's own damage, you should buy comprehensive insurance for your Suzuki bike.
What are the add-on covers in Suzuki insurance for two-wheelers?
Our popular ad-ons for Suzuki two wheeler insurance are roadside assistance cover, and zero depreciation cover.
What is a cashless bike insurance claim for Suzuki bikes?
Under a cashless bike insurance claim, you can get your bike repaired at one of our many cashless service garages on network without having to pay anything out of your pocket.
What documents are required for Suzuki insurance claims?
To file an insurance claim for your Suzuki bikes, you will need your policy registration number, bike registration papers, and repair and maintenance invoices.
How to reduce your Suzuki bike insurance premiums?
You can reduce your bike insurance premiums by installing anti-theft devices, renewing the policy on time, avoiding unnecessary claims, and choosing only suitable add-on covers.