Hero Maestro Edge 125 Insurance

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Hero Maestro Edge 125 Insurance

Unsurprisingly, Hero MotoCorp has emerged as the world's leading maker of commuter two-wheelers, with a global export footprint. Its bike models are technologically innovative, stylish, and quite pleasant. While motorcycles remain Hero MotoCorp's mainstays, the company's scooter range has carved out a distinct niche. Maestro Edge 125, in particular, has established itself as one of India's best-selling scooters. The Hero Maestro Edge 125, aimed at the budget-conscious market, provides exceptional performance and unrivalled quality in its price range.

Are you prepared to drive your Hero Maestro home? You should be proud of yourself for owning a Maestro Edge 125. However, it would help if you took precautions to safeguard your bike and your funds in the case of an accident when riding the vehicle. A two-wheeler insurance policy should assist you with limiting your financial obligation as a result of such disasters.

Also, availing insurance policy for bikes isn't an option. The 1988 Motor Vehicles Act states that every vehicle must carry third-party bike insurance. If you fail to meet this criterion, you may be fined up to ₹2,000 for a first offence and ₹4,000 for a second offence.

Nonetheless, a third-party bike policy cannot be called an adequate insurance option for your Hero Maestro Edge 125. Choosing a more comprehensive Hero bike insurance policy with the needed riders protects both your scooter as well as you from the risks of nature and the road.

Read on to learn how Tata AIG’s Hero Maestro Edge 125 bike insurance policies help you secure your valuable investment.

Hero Maestro Edge 125 Insurance Renewal/Purchase via Tata AIG

The world has shifted from offline to online purchasing and engagement. Because of the apparent benefits of saving time and convenience, many purchasers increasingly prefer to fulfil their insurance needs via the internet. Besides these advantages, Tata AIG also provides premium savings. These discounts range from 50% to 75% in NCBs. These can reduce the cost of your Hero bike insurance. These are the processes for purchasing or renewing 2-wheeler insurance online with Tata AIG:

  1. Visit Tata AIG’s official webpage, navigate to the “Bike Insurance” tab, and enter your Hero Maestro Edge 125 registration number.

  2. Click “Get Price” for a new Hero bike insurance online policy or “Renew” for a Hero bike insurance renewal. For those renewing their bike insurance policies, remember its validity ranges between 1 to 5 years.

  3. Fill out the bike insurance form that appears after clicking on Get Price or Renew and enter the requested details. The details will include your name, number, email address, Aadhaar number, PAN card number, etc.

  4. You will also have to enter the details of your Hero Maestro Edge 125, like its variant, price, and Insured declared value (IDV). Enter bike insurance policy-related details like the previous policy expiration date, bike insurance claim history, etc.

  5. If you haven’t filed a bike insurance claim or have no claim history, you will be eligible for a No-Claim Bonus (NCB) of up to 50%. You might also get an additional discount of up to 75%, lowering the Hero Maestro Edge 125 insurance price.

  6. You can also choose from our seven add-on riders.

  7. After submitting the necessary details, you will get a Hero bike insurance renewal price or Hero Maestro Edge 125 insurance for the premiums payable for the selected policy tenure.

  8. After paying, you will receive a digital receipt/ e-copy of your Hero two-wheeler insurance policy on your email ID/number/WhatsApp.

Hero Maestro Edge 125 Insurance Price - Your Payable Premium

To do a Hero bike insurance renewal or buy a new Hero bike insurance online policy, you have to make monthly, quarterly, half-yearly, or yearly payments called premiums. The premium price depends on various factors, including

  • Your driving history, age and the geographical location of the two-wheeler

  • The variant, age, and make of the two-wheeler

  • The Insured Declared Value (IDV) of the two-wheeler. The IDV is the current market or sale value of your Maestro Edge 125, payable under the Hero two-wheeler insurance policy.

  • The engine (cubic) capacity of the two-wheeler

  • The type of Hero two-wheeler insurance policy chosen – whether comprehensive, own-damage (standalone), or third party. A third-party or own-damage bike insurance policy will surely cost less than comprehensive insurance for 2-wheelers.

  • give any NCB benefits (up to 50%) or premium discounts (up to 75%) for buying Hero bike insurance online.

  • Add safety devices (which can lower the premium cost) or modifications (which can increase the premium cost) to your Hero Maestro Edge 125.

We encourage you to use our bike insurance calculator to get a precise estimate of the Hero bike insurance cost for your Maestro Edge 125. You can compare two-wheeler insurance as it is free, accurate, and lets you compare multiple two-wheeler insurance policies in no time.

Add-ons for Hero Maestro Edge 125 by Tata AIG

Did you know that two-wheelers are one of India's leading causes of traffic accidents? The majority of this has less to do with rider performance and more with the many road difficulties plaguing riders and drivers around the country.

For example, potholes, heavy traffic, ongoing road construction projects, and crowded and mixed lanes are the root causes of problems. These issues pose more danger for two-wheelers in tier 2 and 3 locations. This is why the Indian government has made it necessary for all bike owners to obtain at least third-party two-wheeler insurance.

Tata AIG's bike insurance coverage includes riders to cater to the largest possible odds to give greater financial protection to today's rider-owners. These riders go above and above the standard coverage provided by third-party or comprehensive insurance for two-wheelers. They give further financial assistance if an unanticipated occurrence impacts your Maestro Edge 125. Consider the following seven Tata AIG add-on riders:

-Personal accident rider: It provides a predetermined amount of money to your nominees (selected family members) in the event of your death or physical harm due to an accident involving your Maestro Edge 125.

-Roadside assistance cover: It gives prompt 24x7 mechanic assistance in case of a Maestro Edge 125 breakdown at a remote or distant place.

-Third-party property damage cover: It gives a sum in addition to the standard insurance cover for damage caused by your Maestro Edge 125 to a third party, their vehicle, and their property.

-Return to invoice cover: It compensates you for the original invoice/purchase price of your Maestro Edge 125 in the event of theft or total and irreparable damage.

-Consumables expenses cover: It covers the cost of consumables damaged or lost due to an accident using the Maestro Edge 125. Screws, nuts, bolts, lubricants, bearings, engine oil, gearbox oil, brake oil, and other parts are among the consumables.

-Depreciation allowance cover: It compensates the original value of the Maestro Edge 125's bike parts during repair/replacement, thereby cancelling the effects of depreciation.

-Emergency medical expenses cover: It covers the emergency medical expenses of you (the rider) and the pillion rider due to injuries caused by an accident involving your Hero Maestro Edge 125.

Things Included and Not Included under Tata AIG Hero Maestro Edge 125 Bike Insurance Policy

Here's a quick breakdown of what Tata AIG's Hero two-wheeler insurance includes and excludes:

Things included under Tata AIG Hero Maestro Edge 125 Insurance Things not included under Tata AIG Hero Maestro Edge 125 Insurance
Damage caused to your Hero Maestro Edge 125 during travel through any airway, waterway, roadway, or railway. Damage caused to your Hero Maestro Edge 125 while being used for speed racing, crash testing, and other racing or reliability trials.
Damage and loss to your Maestro Edge 125 from natural disasters like floods, lightning, snowfall, earthquakes, and cyclones, as well as artificial man-made disasters like riots, theft, strikes, self-ignition, terrorist activities, and explosions. and so forth. Damages caused to your Maestro Edge 125 due to your contributory negligence, including riding without a valid and active driving licence, riding without a helmet/in some cases a pillion helmet, riding without PUC papers/other important bike documents, riding under the influence of intoxicants like alcohol/drugs/narcotics – this can impose serious penalties, riding in a flood-prone area or any area that threatens your Maestro Edge 125, riding outside India, or riding for commercial, profit-making purposes.
Personal accident coverage includes medical insurance up to ₹15 lakhs for physical injuries caused to you by accident. Physical injuries include permanent total dismemberment, permanent partial dismemberment, temporary total dismemberment, and temporary partial dismemberment. In the eventuality of your death, your family members will receive an insurance payout equal to the medical insurance. Damage to your Maestro Edge 125 due to nuclear perils, mutiny, war, civil unrest, or other operations that create a state of war.
Damage or death caused to third parties, their vehicle and property. Damage (except total theft) was caused to the Maestro Edge 125 during a burglary/ breaking/ entering.
Add-on coverage from 7 bike insurance riders, including depreciation allowance rider, return to invoice rider, personal owner-driver accident rider, third-party property damage rider, consumables expense rider, emergency medical expenses rider, and Roadside assistance rider. Any consequential loss, general wear and tear, and age-related breakdown of the bike.

Why is Having Tata AIG for Hero Maestro Edge 125 Insurance Necessary?

Tata AIG's bike insurance coverage is carefully crafted to cover as many unforeseen events regarding your Maestro Edge 125 as feasible. Its dedication to caring for its clients throughout the insurance process and constant claim payouts throughout the years has helped it develop an unrivalled brand value.

These are a few assured characteristics of Tata AIG's 2-wheeler insurance that set it apart from the competition:

  • We have more than 20 years of experience and skill to our name. Look at our constant claim settlement ratios over the last decades to see how we let our work speak for us. We had a settlement ratio of 98% in the fiscal year 2020-2021, which makes us instantly trustworthy.

  • We are a flexible and adaptable organisation. We are always aware of our customers' demands. As a result, we have assembled a team of 650+ claim professionals to give fast, tailored support to over five crores of unique consumers and their diverse demands.

  • We have a completely computerised and trouble-free purchasing, renewal, and claim settlement process. But, just because we have moved away from old-fashioned and cumbersome procedures does not imply that we have lost contact with you. You can simply come to our offices and request any operation you like.

  • Tata AIG also has a 24/7 customer support executive team. You can contact us for any assistance or queries related to the two-wheeler insurance policy.

We offer a dependable and adaptable network of over 7,500 trustworthy garages nationwide, from tier-1 cities to small towns and rural interiors.

Hero Maestro Edge 125: A Brief Overview of the Scooter

Hero Maestro Edge 125 is a scooter manufactured by Hero MotoCorp, the largest two-wheeler manufacturer in India. The scooter is known for its powerful engine and stylish looks. Here's a brief overview of the Hero Maestro Edge 125:

-Engine: The scooter is powered by a 125cc air-cooled, single-cylinder engine that produces 9.1 bhp of power at 7,000 rpm and 10.4 Nm of torque at 5,500 rpm. The engine is mated to a CVT automatic gearbox.

-Design: The Hero Maestro Edge 125 has a sporty, stylish design with sharp lines and attractive graphics. The scooter comes with a digital instrument cluster, an LED tail lamp, and a chrome-finished exhaust.

-Features: The scooter comes with several features like an external fuel filler cap, remote key, USB charging port, side stand indicator and an integrated braking system (IBS) that distributes brake force between the front and rear wheels.

-Suspension and brakes: The Hero Maestro Edge 125 comes with a rear mono-shock and a telescopic front suspension. The scooter has a 190mm front disc brake and a 130mm drum brake at the rear.

Hero Maestro Edge 125 Bike Variants and Prices

Here are the variants and ex-showroom prices of Hero Maestro Edge 125 in New Delhi:

Variants Ex-Showroom Price* in New Delhi (₹)
Hero Maestro Edge 125 Drum ₹72,250
Hero Maestro Edge 125 Disc ₹75,750
Hero Maestro Edge 125 Stealth ₹77,750

Hero Maestro Edge 125 Features: Unique Selling Points of the Scooter

The Hero Maestro Edge 125 is a popular scooter in India, known for its style, performance, and features. Here are some of its unique selling points:

  • The Hero Maestro Edge 125 is powered by a 4-stroke 124.6 cc air-cooled engine that delivers a maximum power output of 9.12 bhp and a peak torque of 10.4 Nm. The engine is known for its smooth performance and quick acceleration.

  • The scooter has a comfortable and spacious seat, telescopic suspension, and a hydraulic shock absorber at the rear. These features ensure a smooth and comfortable ride even on bumpy roads.

  • The Hero Maestro Edge 125 comes with safety features like a combined braking system (CBS), which ensures better control and stability while braking. It also has a metal body, which makes it sturdy and safe.

  • The scooter delivers good fuel efficiency of around 50-55 kmpl, making it an economical choice for daily commuting.

Top Contenders of the Hero Maestro Edge 125

The Hero Maestro Edge 125 is a popular scooter in India and competes with several other scooters in the same segment. Here are some of the top contenders of the Hero Maestro Edge 125:

  • Honda Activa 125

  • Suzuki Access 125

  • TVS Ntorq 125

  • Yamaha Fascino 125

  • Aprilia SR 125

Disclaimer / TnC

Your policy is subjected to terms and conditions & inclusions and exclusions mentioned in your policy wording. Please go through the documents carefully.

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How to Claim Honda Activa Insurance?

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Follow this easy Tata AIG claim process for your Honda Activa Insurance:

  • Go to our Claims page and click on ‘Initiate Claim’.

  • Login to your account by providing the authorised mobile number and clicking on Confirm.

  • Register your claim by providing your vehicle insurance policy number, FIR details, and other basic personal details as required on the form available on the Tata AIG website.

  • We will assess the claim, review the damages and send the vehicle for repair at the closest network garage.

  • Meanwhile, Tata AIG will initiate the claim settlement process.

  • Once the claim process is completed, the vehicle is repaired and returned to you.

How To Renew Honda Activa Insurance?

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Tata AIG allows easy and quick renewal for your Honda Activa insurance policy:

  • Go to the Bike Insurance page and input the bike registration number in the given calculator. Click on ‘Renew’

  • The calculator will automatically fetch the necessary details. Input any other details as requested.

  • Add any previous claims history or opt for the NCB discount. Make any changes you wish to the add-ons included.

  • The calculator will display the exact Honda Activa insurance premium cost. Make the payment, and your Honda Activa policy is renewed.

What is the price of the Honda Activa?

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Honda Activa comes in two models – 6G and 125 BS-VI. Both models have different variants. The base variant of the Honda Activa 6G is priced at ₹69,080. The base variant of the Honda Activa 125 BS-VI is priced at ₹72,637.

What are the available variants in Honda Activa?

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Honda Activa is available in two different models:

  • Honda Activa 6G
  • Honda Activa 125 BS-VI

Each model offers different variants and colours. The engine capacity, features, mileage, features, etc., of both models, vary significantly. Irrespective of the variant you choose, it is important you buy Honda Activa Insurance for your vehicle for a safe and secure ride.

What are the consequences of riding without legal bike insurance?

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According to the current motor vehicle legislation in India, it is required to have at least third-party bike insurance coverage when riding your bike. Operating a two-wheeler without third-party insurance is unlawful and has serious repercussions. If the police discover you are riding your bike without one, you may be fined Rs. 2,000 or imprisoned for up to 3 months.

What is the depreciation of a two-wheeler?

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Depreciation is the decrease in the value of a two-wheeler over time due to various factors such as wear and tear, usage, and age. The depreciation of a two-wheeler is a natural process that occurs from the moment it is purchased and driven off the showroom floor.

The depreciation rate varies depending on factors such as the brand, model, age, condition, and two-wheeler usage. Typically, the depreciation rate for a new two-wheeler is around 10-15% in the first year and approximately 5-10% in the following years.

The depreciation of a two-wheeler can also be affected by external factors such as changes in the market, the introduction of new models, and economic conditions. For instance, if a new model is launched with better features or technology, the value of the older models may decrease more rapidly.

It is crucial to consider the depreciation of a two-wheeler while buying or selling it. Knowing the depreciation rate can help estimate the resale value of the two-wheeler and make an informed decision. Regular maintenance and proper care can also slow down the depreciation rate of the two-wheeler.

What bike insurance policies are offered by Tata AIG?

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Tata AIG offers two types of bike insurance policies to its customers in India:

Third-party liability insurance: This is the essential and mandatory insurance policy for two-wheelers in India. It covers damages and injuries caused to third-party individuals or property in case of an accident. This policy does not cover damages or loss caused to the insured two-wheeler.

Comprehensive bike insurance: This all-inclusive insurance policy covers both third-party liabilities and damages or loss caused to the insured two-wheeler. This policy provides coverage for damages caused due to accidents, natural calamities, theft, fire, and other unforeseen events. It also includes personal accident cover for the owner/driver of the two-wheeler.

In addition to these standard policies, Tata AIG also offers several add-on covers that can be customised to meet the specific requirements of the customers.

Will Tata AIG inspect my Maestro Edge 125 scooter before policy renewal?

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Generally, for two-wheeler insurance policy renewal, insurers may not require a physical inspection of the vehicle. However, if there have been any modifications or changes made to the insured two-wheeler or if there have been any claims made during the previous policy term, then the insurer may require a physical inspection before renewing the policy.

If the insurer requires a physical inspection, they will inform the policyholder about the same and arrange an inspection at a convenient time and location.

Can my Hero Maestro Edge 125 insurance help me finance repairs caused due to flooding?

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Yes, if you have a comprehensive two-wheeler insurance policy for your Hero Maestro Edge 125, it may cover the repairs caused due to flooding. Floods are typically covered under the "natural calamities" section of the comprehensive policy. This means that if your two-wheeler is damaged due to flooding, you can file a claim with your insurer and get it repaired at a network garage or workshop.

What colours are available for the Hero Maestro Edge 125?

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The Hero Maestro Edge 125 is available in several colour options in India. The available colours may vary depending on the variant and location. Here are some of the popular colours of the Hero Maestro Edge 125:

Panther Black

Midnight Blue

Candy Blazing Red

Pearl Fadeless White

Techno Blue

Prismatic Yellow

Is it better to have a greater IDV for Hero Maestro Edge 125?

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The Insured Declared Value (IDV) is the maximum sum insured amount that the insurer will pay in case of a total loss or theft of the insured two-wheeler. The IDV is calculated based on the manufacturer's listed price of the two-wheeler and the age of the vehicle. It is vital to choose an appropriate IDV for your Hero Maestro Edge 125 to ensure adequate coverage and avoid underinsurance or over-insurance. While a higher IDV may seem attractive, it may not always be beneficial regarding premium and claim settlement.

Disclaimer: All the prices and other information listed above pertain to a specific city and vehicle model. Since this information is subject to change, it is advisable to check the latest information before purchasing a vehicle or an insurance policy.

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