Ducati Panigale V4 R

• Desmosedici Stradale R Engine - It is a MotoGP-inspired 998 cc engine built for World Superbike racing. It produces 218 horsepower at high RPM, and with racing modifications, can reach up to 239 horsepower in race mode.
• Racing Gearbox and Neutral Lock - The Ducati Panigale V4 R is the first homologated sports bike to use a race-style gear pattern. In this pattern, the neutral is positioned below first gear instead of between first and second. This allows better control while braking into corners.
• Corner Sidepods - The Ducati Panigale V4 R is also the first homologated bike with corner sidepods. With the corner sidepods, the rider can take corners at higher speeds and maintain a more accurate path.
• Advanced Electronics - The bike is designed with advanced electronics for both track and road use. This provides better control of forces applied to the tyres for smoother and more predictable engine action.

TATA AIG offers the following bike insurance plan options for your powerful and expensive Ducati Panigale V4 R bike.

Comprehensive Bike Insurance

A comprehensive bike insurance policy can cover your Ducati Panigale V4 R bike against repair expenses or total loss due to accidents, natural calamities, man-made acts, and other unexpected events. It also offers financial protection for you against third-party injuries, death, or property damage caused by your insured bike.

You can also customise your comprehensive bike insurance policy with a wide range of optional add-ons to enhance protection for expensive components.

Standalone Own Damage Bike Insurance

A standalone own damage bike insurance policy offers extensive financial coverage exclusively for your Ducati Panigale V4 R bike against damage caused by unexpected incidents such as accidents, natural calamities, and man-made acts.

However, it does not cover third-party injuries and damages. You can buy a package policy that includes the own damage cover and the mandatory third-party insurance coverage.

Third-party Bike Insurance

According to the Indian Motor Vehicles Act of 1988, purchasing a third-party bike insurance policy is mandatory in India. It covers third-party liabilities arising from third-party injuries, death, or property damages caused by your insured bike.

However, the policy does not cover your own bike damage. To ensure complete protection, you can combine this third-party insurance coverage with a standalone own damage cover or buy comprehensive bike insurance.

• To Ensure Legal Compliance and Avoid Hefty Penalties

Riding a two-wheeler without a valid third-party insurance policy is a legal offence in India. The penalty includes a fine of ₹2,000 or imprisonment of up to 3 months, or both, for the first offence. For the second offence, the fine increases to ₹4,000, with imprisonment of up to 3 months, or both.

• To Ensure Financial Protection against Expensive Components

The Ducati Panigale V4 R is a high-value bike with expensive components. Accidental damage can lead to costly repairs or replacements. You can refrain from using your savings to manage these expenses with an adequate two-wheeler insurance policy.

• To Cover Third-party Liabilities

An accident involving a powerful bike like the Ducati Panigale V4 R can result in significant damage to third-party individuals or their property. A bike insurance policy helps cover such legal liabilities and associated expenses.

• Extensive Coverage - Opt for a higher coverage based on your Ducati’s IDV to ensure complete protection.
• Additional Benefits - Choose from a wide range of optional add-ons for additional protection, including coverage for the engine, consumables, and rims.
• No Claim Bonus (NCB) - Benefit from an NCB in bike insurance, starting at 20%, which can reach up to 50% for consecutive claim-free years.
• Additional Personal Accident Cover - Get additional coverage under personal accident cover for better financial support.
• Roadside Assistance - Get assistance such as towing or fuel delivery, especially useful for specialised bikes like your Ducati when stranded on highways.

A bike insurance policy helps cover repair or replacement costs and third-party liabilities, provided you understand how it works.

1. Step 1 - Choose a Policy

Read the policy documents and compare two-wheeler insurance online to select the most suitable policy and Insured Declared Value (IDV).

2. Step 2 - Pay the Premium

Pay the applicable premium. Once your application is approved, your Ducati Panigale V4 R bike coverage begins.

3. Step 3- An Insured Event Occurs

If an insured event occurs, such as an accident or flood that damages your bike, your bike insurance policy comes into effect.

4. Step 4 - Claim Intimation

Inform TATA AIG about the incident and follow the necessary claim process.

5. Step 5 - Claim Settlement

TATA AIG will evaluate your claim. If approved, the claim amount will be settled as per the policy conditions.

Inclusions

Two-wheeler insurance for your Ducati Panigale V4 R bike covers the repair or replacement expenses for damages or loss caused by:

• Accidents due to external means, such as collisions.
• Natural disasters, including floods, storms, and earthquakes.
• Terrorist activities and other man-made incidents, such as riots and strikes.
• Burglary, housebreaking or theft.
• Fire explosion, self-ignition, or lightning.
• Landslides or rockslides.
• Transit by road, rail, inland waterwayS lift elevator, or air.

It also provides:

• Coverage for third-party liabilities, including third-party property damages, injuries or death.
• A personal accident cover for the owner-driver against accidental injuries or death.

Exclusions

A bike insurance policy for your Ducati Panigale V4 R does not cover the loss or damage due to the following reasons:

• Depreciation, natural wear and tear.
• Mechanical or electrical breakdown.
• Riding under the influence of alcohol or drugs.
• Contractual liabilities.
• Consequential loss, which means indirect losses not related to the insured event.
• War or war-like situations, including civil war, mutiny, or rebellion.
• Nuclear activities, including ionising radiation, radioactive contamination, or nuclear waste.

The bike insurance policy also does not cover:

• Damages or losses to tyres or tubes, unless the bike is damaged at the same time.
• Loss of accessories due to theft or burglary, unless the bike is stolen at the same time.

Please note: These are some of the common inclusions and exclusions. Kindly refer to the policy documents for the specific policy terms and conditions.

1. Depreciation Allowance - Also referred to as zero depreciation in two-wheeler insurance, this add-on pays the depreciation amount deducted from the value of replaced parts. It is one of the most suitable add-ons for your Ducati bike.

2. Return-to-Invoice - In case of theft or total loss, this add-on pays the amount equivalent to the invoice value or the purchase price, including first-time registration charges and road tax.

3. Additional Third-party Property Damage Cover - Provides additional coverage beyond the standard coverage available under the third-party insurance coverage for property damage.

4. Consumables Expenses - The cost of consumables such as engine oil, gear oil, distilled water, and lubricants is significantly higher for superbikes like the Ducati Panigale V4 R bike. This add-on helps cover these expenses.

5. Additional Personal Accident Cover to Owner-Driver - Provides additional compensation in case of death or bodily injury, over and above the standard personal accident cover.

6. Additional Personal Accident Cover to Unnamed Persons - Provides compensation for bodily injuries to unnamed persons, such as a hirer, driver, pillion rider, or sidecar passenger.

7. Emergency Medical Expenses - Covers emergency medical expenses incurred for the treatment of bodily injuries to you or a pillion rider due to an accident.

8. Roadside Assistance - Provides assistance in case of a breakdown or accident, including towing, tyre puncture, and emergency fuel delivery.

9. Engine Secure - This add-on covers repair or replacement expenses for damage to internal parts of the engine, gearbox and transmission due to water ingress or leakage of lubricating oil from the engine.

10. Depreciation Allowance - Battery - Covers the depreciation amount deducted from the value of the battery replaced under an own damage claim.

11. Tyre and Rim Secure - Covers repair or replacement expenses for damaged tyres, tubes, and rims.

• Coverage Requirements - Consider your investment in the bike and the cost of its components to ensure adequate insurance coverage for your Ducati Panigale V4 R.
• Policy Inclusions and Exclusions - Read the policy document carefully to understand what is covered and what is not covered under the policy.
• Compare Bike Insurance Plans - Compare different bike insurance plans to choose the most suitable option. For complete protection, a Ducati Panigale V4 R comprehensive insurance is essential.
• Optional Add-ons - Considering the high cost of components such as the engine, consumables, rims, and battery, opt for relevant add-ons for enhanced protection.
• Deductibles - For a claim under a bike insurance policy, you may have to bear a certain deductible amount. Make sure you clearly understand this provision.
• Premium and Discounts - Review the premium and applicable discounts for your Ducati Panigale V4 R online insurance to lower your premium quote.

• Step 1 - Navigate to the top of this page to find the bike insurance calculator.
• Step 2 - Enter your bike insurance registration number and click on “Get Price”. For new bikes, click on “New Bike? Proceed without a registration number.
• Step 3 - Compare the bike insurance plans and choose a suitable policy for your Ducati Panigale V4 R bike.
• Step 4- Include the relevant optional add-ons for additional protection.
• Step 5 - Pay the applicable premium and get your Ducati superbike insurance plan delivered to your registered email address.

• Step 1 - Navigate to the top of this page to find the bike insurance calculator.
• Step 2 - Enter your bike insurance registration number and click on “Renew your existing TATA AIG bike policy”.
• Step 3 - Review your existing Ducati Panigale V4 R insurance policy and make the necessary changes, including the IDV.
• Step 4- Consider including the required optional add-ons for additional protection.
• Step 5 - Pay the applicable Ducati Panigale V4 R policy renewal premium and get your policy delivered to your registered email address.

The Ducati Panigale V4 R insurance premium for a policy varies based on the type of policy selected.

• For Third-party Bike Insurance

The premium for a third-party bike insurance policy is decided by the Insurance Regulatory and Development Authority of India(IRDAI). It is based on the engine’s cubic capacity. For a bike like the Ducati Panigale V4 R (above 350 cc), the current third-party bike insurance premium is ₹2804 per annum.

• For Comprehensive Bike Insurance

A comprehensive bike insurance policy includes both third-party insurance cover and own damage cover. The own damage insurance premium is calculated based on factors such as the IDV, location, bike specifications, and claim history.

Therefore, your comprehensive bike insurance premium can be calculated as:

Comprehensive Bike Insurance Premium = Third-party Bike Insurance Premium + Own Damage Bike Insurance Premium + Add-on Premiums (if opted)

TATA AIG offers both cashless and reimbursement claim options for your Ducati Panigale V4 R insurance plan. Cashless repairs are available across 4700+ network garages in India.

Steps to File a Cashless Claim

• Step 1 - Inform TATA AIG regarding the loss or damage. You can initiate a claim online or call us on our 24 x 7 helpline - 022-6489-8282.
• Step 2 - Locate the nearest garage from the TATA AIG network garage and take your bike there.
• Step 3 - Give your bike insurance policy details to the garage.
• Step 4 - A surveyor from TATA AIG will inspect the damage. Once approved, the garage will begin the repair work.
• Step 5 - After completion, we will directly settle the applicable expenses with the garage owner.

Steps to File a Reimbursement Claim

• Step 1 - Inform TATA AIG about the loss or damage. You can initiate a claim online or call the 24 x 7 helpline - 022-6489-8282.
• Step 2 - Take your bike to the nearest authorised garage, get it repaired, and pay the bills.
• Step 3 - Submit the required documents, including original bills and payment receipts.
• Step 4 - TATA AIG will review your claim and the supporting documents.
• Step 5 - Once approved, the applicable claim amount will be reimbursed to you.

Please note: You may have to bear the deductible amount and other items not covered under the policy.

• Claim form, duly filled and signed.
• Bike insurance policy document
• Copy of the bike’s Registration Certificate (RC)
• Copy of Driving Licence
• In case of theft, a No Trace Report from the Police
• In case of an accident, a First Information Report (FIR) filed with the Police
• Proof of loss or damage (photos or videos)
• Original garage bills and payment receipts
• KYC documents

Please note: Additional documents may be required based on individual circumstances.

The Ducati Panigale V4 R is available in a single standard variant. The ex-showroom price is as follows:

The Ducati Panigale V4 R bike is a superbike with high-value parts and specialised consumables. Repairing or replacing them can lead to significant financial expenses. You can include relevant optional add-ons to ensure a Ducati full coverage plan and protect yourself against such unexpected costs.

Here are some of the key components you can specifically cover with add-ons:

• Engine - For a premium superbike like the Ducati Panigale V4 R, damage to internal parts of the engine, gearbox, and transmission can result in substantial repair costs.
• Consumables - Consumables such as the high-performance engine oil and specialised lubricants, designed specifically for the Ducati Panigale V4 R, can be expensive to replace.
• Battery - For a Ducati Panigale V4 R bike, the specialised lithium-ion battery can range between ₹50,000 and ₹70,000 approximately.
• Rim - The Ducati Panigale V4 R has forged magnesium rims for lightweight agility and top performance. However, a replacement set can cost ₹5 lakh - ₹10 lakh.

The Ducati Panigale V4 R is a premium bike designed for experienced superbike riders and racing enthusiasts. It is an expensive bike with advanced and specialised components.

If you are passionate about riding superbikes and have invested your hard-earned money in your Panigale V4 R, securing it to maintain the bike to its best standards is important. And this can be achieved with a comprehensive bike insurance policy.

With a TATA AIG two-wheeler insurance plan, you can customise the policy with optional add-ons to cover expensive parts and specialised consumables. By purchasing bike insurance online with TATA AIG, you can benefit from discounts of up to 80% on premiums.

Explore our plans for extensive coverage and personalised support.