Hero Splendor Plus Insurance

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Hero Splendor Plus Insurance

Hero MotoCorp is one of the largest two-wheeler manufacturers in India and a leading player in the global motorcycle market. It was established in 1984 as a joint venture between Hero Cycles of India and Honda Motor Company of Japan.

The Hero Splendor Plus is a popular and reliable motorcycle from Hero MotoCorp. It is known for its fuel-efficient engine, stylish design, and low maintenance costs. The Splendor Plus is a popular choice among commuters, offering a comfortable and convenient mode of transportation at an affordable price. With its sleek design, powerful engine, and improved features, the Hero Splendor Plus has become one of the most preferred motorcycles in India.

In India, it is mandatory to have third-party two-wheeler insurance as per the Motor Vehicles Act of 1988. With two-wheeler insurance, you can ensure that you are protected against any unforeseen events, reducing the financial burden that may arise from such incidents.

Comprehensive two-wheeler insurance protects you against financial losses in case of accidental damages, theft, and third-party liabilities. Tata AIG offers three types of Hero Splendor Plus insurance namely,

You can choose a comprehensive bike insurance policy for your bike. This policy covers third-party liabilities, personal accidents, and damages to your motorcycle due to accidental events and natural and manmade disasters. Tata AIG also offers various add-on covers such as pillion passenger cover, zero depreciation cover, and more for better and more comprehensive coverage.

Tata AIG bike insurance policy ensures that you have peace of mind, knowing that you and your motorcycle are protected against any potential financial losses.

Here are some reasons why it is necessary to buy Hero bike insurance:

  • Bike insurance protects you against financial losses in case of accidental damages, theft, and third-party liabilities.

  • With bike insurance, you can ensure that you are protected against any unforeseen events, reducing the financial burden that may arise from such incidents.

  • Most bike insurance policies cover damages due to natural calamities such as floods, earthquakes, and storms.

  • Bike insurance also provides coverage for third-party liabilities, such as injury or death of a third person or damage to their property caused by your two-wheeler.

  • The claim process is hassle-free, ensuring that you get the required financial assistance quickly in case of an emergency.

Purchase or Renewal of Hero Splendor Plus Insurance Online

Buying or renewing a bike insurance policy on the Tata AIG website is smooth and convenient. The website has a user-friendly interface, making it easy for you to navigate and find the information you need. You can save time and effort by avoiding the hassle of visiting a physical branch and can have peace of mind knowing that the insurance is up-to-date.

The Hero bike insurance online policy purchase and Hero bike insurance renewal process is straightforward and can be completed in just a few simple steps.

You can use the premium calculator to understand the cost of your two-wheeler insurance better and make an informed decision about the coverage options you would like to choose. The premium calculator is a quick and easy way to get an estimate of your insurance premium and helps you plan your budget accordingly.

Here are the steps to purchase or renew your Hero Splendor Plus bike insurance online:

  • Go to the Tata AIG website and navigate to the “Two-wheeler Insurance” section.

  • Click ‘Get Price’ for purchasing a new policy or ‘Renew’ for renewing an existing policy.

  • Fill in your bike’s registration number.

  • To purchase a new policy, you can click on ‘Get Price’ or if you want to renew a policy, you can click on the ‘Renew’ button.

  • Fill in the details of your bike, which includes the brand name, bike name, and variant.

  • Select theInsured Declared Value (IDV) of your Hero Splendor Plus bike.

  • Mention if you have raised any claim in the past. If not, you can select ‘No Claim Bonus’.

  • You can increase your policy coverage by adding add-ons as per your preference.

Note: Adding add-ons will increase the premium. Hence, choose the add-ons wisely.

  • The sum insured and your Hero Splendor Plus insurance policy premium will reflect on your screen. If you are satisfied with the quote and the sum insured, you can purchase the plan by making an online payment.

  • Choose a payment method, such as a credit card, debit card, net banking, etc., and make the payment.

  • Once the payment is processed, you will receive the policy documents via email or Whatsapp.

You can reach out to our dedicated customer service team, which is available round-the-clock to assist you with your queries and concerns.

Hero Splendor Plus Bike Insurance Price - Your Premium Amount

The premium is the amount that you pay for your insurance coverage. The premium amount is an important consideration when purchasing or renewing insurance, as it directly affects the cost of your coverage. It is important to choose insurance for a 2-wheeler that provides you with coverage at a price that you can afford.

Insured Declared Value (IDV) is an important factor in determining the premium amount for your Splendor Plus insurance policy. IDV refers to the current market value of your bike, which is the maximum amount that you can claim in case of total loss or theft of your bike. The IDV is an important factor in determining the premium because it affects the coverage amount that you receive in case of a claim.

If you opt for a higher IDV, you will receive a higher coverage amount in case of a claim, but your premium amount will also be higher. Conversely, if you opt for a lower IDV, your premium amount will be lower, but you will receive a lower coverage amount in case of a claim. It is important to carefully consider the IDV and choose an appropriate value that provides the coverage you need at a price that you can afford.

The insurance price, also known as the premium, is the cost of your insurance coverage. The factors that will affect the Hero Splendor Plus insurance price are

  • Type of coverage

  • Make and model of the bike

  • Age of the rider and driving history

  • IDV (Insured Declared Value)

  • Geographical location

  • Add-on coverages

  • Cubic capacity of engine

  • Age of the rider

  • No-Claim Bonus

  • Policy term

By using a bike insurance premium calculator, you can get a better understanding of the estimated cost of your insurance coverage and make an informed decision about the coverage options that are best for you.

What is Covered and Not-Covered Under Hero Two-Wheeler Insurance

Below are the details of what is included and excluded from the comprehensive Hero Splendor Plus insurance policy.

Things covered under Tata AIG’s Hero Splendor Plus Bike Insurance Things not-covered under Tata AIG’s Hero Splendor Plus Bike Insurance
Loss or damage to the insured bike due to natural calamities like fire, explosion, self-ignition, lightning, theft, riots, and strikes. Loss or damage to the bike due to war, nuclear risks, and invasion.
Loss or damage to the insured bike due to man-made calamities like theft, burglary, malicious acts, terrorism, and riots. Normal wear and tear of the bike and its parts. Mechanical or electrical breakdown or failure of the bike, unless caused by an accident. Using the bike in flood-prone areas. 
Third-party liability coverage for death or injury to a third party, or damage to third-party property. Damage to the bike while it is being used for racing, pace-making, reliability trials, or any other similar events.
Personal Accident Cover for the owner-driver of the insured bike. If you use your Hero Splendor Plus insurance bike outside India, then it will not be covered. Riding without a proper driving licence and helmet. Also, riding under the influence of any narcotics and intoxicants.

Own damage cover will not be applicable if the bike only has a third-party liability-only cover. Personal accident cover will not be covered if the policyholder only has a third-party liability policy. 

Tata AIG provides add-ons for enhancing the coverage provided under the bike insurance policy.  If your private Hero Splendor Plus bike is used for commercial purposes, the damages to your insured bike will not be covered if your bike is stolen or if the damages are caused due to burglary.

Add-on Bike Insurance Covers That You Should Consider

You can enhance your insurance coverage by choosing any or all from the list of add-ons:

Depreciation allowance: This add-on covers the depreciation cost of the bike's parts that are replaced in case of an accident. This add-on helps to cover the full value of the bike in case of a bike insurance claim without deducting depreciation.

Return-to-invoice cover: This add-on covers the difference between the invoice value of the bike and the settlement amount in case of a total loss or theft. It helps ensure that the policyholder is reimbursed the full value of the bike as per the original invoice.

Emergency medical expenses: This add-on covers medical expenses incurred in case of an accident involving the insured bike. This add-on provides policyholders with peace of mind by covering the cost of medical treatment, hospitalisation, and ambulance services in case of an accident.

Additional personal accident cover for the owner-driver: This add-on provides personal accident cover for the owner-driver of the bike. It provides financial protection in case of accidental death or permanent total disability of the owner-driver.

Additional third-party property damage cover: This add-on provides additional coverage for third-party property damage. This increases the coverage limit of third-party property damage, providing additional protection against financial losses.

Consumables expenses: This add-on covers the cost of consumables such as nuts, bolts, washers, and oil seals that are replaced during a repair. It helps policyholders save on out-of-pocket expenses during repairs by covering the cost of consumables.

Roadside assistance: This add-on provides policyholders with 24/7 assistance in case of a breakdown or an accident. It covers services such as towing, jump-starting the bike, changing a flat tire, and providing fuel in case of an emergency.

Why Should You Buy Hero Splendor Plus Insurance from Tata AIG

Choosing the right bike insurance policy can be a complex and confusing process. With so many options available in the market, it is essential to consider various factors before making a decision.

  • We provide customers with a comprehensive and customised bike insurance policy that offers protection against a wide range of risks, efficient claims processing, 24/7 customer support, a wide network of garages, and affordable premiums.

  • Here are some things you can expect from Tata AIG:

  • We offer comprehensive bike insurance policies that provide coverage against various risks, including third-party liability, theft, accidental damage, and natural calamities.

  • We provide an easy and convenient online platform for purchasing and renewing your Hero Splendor Plus insurance policy. This saves time and effort for customers and allows you to manage insurance policies from the comfort of your home.

  • We offer various add-ons that enhance the coverage provided under our bike insurance policies. This allows you to tailor insurance policies to your specific needs and provides additional peace of mind.

  • We are a leading insurance company in India, known for our expertise and reliability in the insurance sector. Customers can trust us because we provide them with the best possible coverage and support in the event of a claim.

  • We offer competitive and affordable premiums for our bike insurance policies, making it an attractive option for customers who want to protect their bikes.

  • We provide 24/7 customer support, allowing customers to reach out to us at any time of the day or night in case of an emergency or for any other queries.

  • We have a wide network of garages across India, providing customers with easy access to authorised repair and service centres in case of an accident.

Brief Overview of Hero Splendor Plus

Hero Splendor Plus is one of the most popular and affordable motorcycles that have been manufactured by Hero MotoCorp, one of the leading two-wheeler manufacturers in the country. The bike is designed for daily commuters and comes with a powerful engine, a comfortable seat, and a range of features, such as an electric start and alloy wheels. It offers fuel efficiency and is known for its reliability and durability, making it a popular choice among customers.

Hero Splendor Plus is available in several variants with different engine capacities and features, catering to the needs of different customers. The bike is equipped with a 97.2 cc engine that produces 5.9 kW of power and 8.05 Nm of torque. The engine is paired with a 4-speed gearbox that provides a smooth and efficient ride. The bike comes with a fuel tank capacity of 9.8 litres, making it ideal for long rides.

In terms of design, Hero Splendor Plus features a sleek and modern look with a well-crafted body, stylish graphics, and attractive colour options. The bike also comes with a comfortable seat, providing a smooth and relaxed ride for both the rider and the pillion. The bike is equipped with a range of features, such as an electric start, alloy wheels, and a spacious storage compartment, making it an attractive option for daily commuters

Hero Splendor Plus - Variants and Prices

Variant Ex-Showroom Price in Delhi
Splendor Plus Self with Alloy Wheel ₹72,076
Splendor Plus Black and Accent ₹72,496
Splendor Plus self with Alloy Wheel and i3S ₹73,396
Splendor Plus Matt Shield Gold ₹74,396
Splendor Plus XTEC ₹76,346

Unique Selling points: Hero Splendor Plus Features

  • Equipped with a 97.2 cc engine that produces 5.9 kW of power and 8.05 Nm of torque, providing a smooth and efficient ride.

  • The bike offers excellent fuel efficiency, making it an economical option for daily commuters.

  • The sleek and modern design of the bike, with stylish graphics and attractive colour options, is sure to turn heads.

  • The comfortable seat and well-crafted body of the bike provide a smooth and relaxed ride for both the rider and the pillion.

  • The bike comes with a range of convenient features such as an electric start, alloy wheels, and a spacious storage compartment.

  • Known for its reliability and durability, Hero Splendor Plus is a low-maintenance bike that is built to last.

  • With its competitive price and range of features, Hero Splendor Plus is an attractive option for those who are looking for a practical and affordable bike.

  • The bike is fitted with tubeless tyres, which offer better grip and handling, as well as improved puncture resistance.

  • The bike is equipped with an advanced engine management system, which provides optimised fuel efficiency and performance.

Competitors of Hero Splendor Plus

Hero Splendor Plus is one of the most popular and affordable commuter bikes in India. It faces competition from several other two-wheeler brands offering similar models in the same segment. The key competitors of Hero Splendor Plus in India offer similar features and performance at a similar price range. Some of the key competitors of Hero Splendor Plus are:

  • Bajaj Platina.

  • TVS Sport

  • Suzuki Hayate

  • Honda CD 110 Dream

  • Yamaha Saluto

Disclaimer / TnC

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

Related Articles

1. What are the different bike insurance plans offered by Tata AIG?

1. What are the different bike insurance plans offered by Tata AIG?

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Tata AIG thinks that people should be able to choose what meets their needs effectively. Keeping this in mind, we provide the following Hero Splendor Pro insurance plans:

Third-Party Liability Bike Insurance: In this policy, your Hero Splendor Pro insurance coverage will just cover the damage caused by a third-party individual, property, or vehicle in an accident in which your two-wheeler is involved.

Comprehensive Bike Insurance: This plan covers a wide range of automobile damages. The coverage also covers the expense of repairing your Hero Splendor Pro. Furthermore, such a policy covers payments spent in the case of two-wheeler damage caused by man-made or natural disasters, theft, fire, etc.

You may also get Own Damage coverage for your Hero Splendor Pro. If you acquired your Hero Splendor Pro after September 2018, you might take advantage of this relatively new bike insurance package. Tata AIG's Own Damage Cover provides the same complete protection as comprehensive coverage but without the third-party liability component.

Whatever coverage you choose, be sure it significantly decreases your financial obligation in the case of an unexpected incident.

2. Do insurance companies' quotes for bike insurance policies remain the same?

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The Insurance Regulatory and Development Authority of India determines premium rates for third-party liability coverage depending on the two-wheeler's engine capacity. As a result, premium costs for third-party liability insurance remain consistent among insurance firms. Nevertheless, the premium prices for comprehensive or long-term insurance plans frequently differ from one insurer to the next due to various elements they evaluate when settling the premium.

3. What are the Hero Splendor Pro bike insurance deductibles?

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Deductibles are pre-determined sums of money that policyholders spend on two-wheeler repairs before being able to claim their bike insurance coverage. Deductibles reduce policy premium rates, but they also expose policyholders to additional financial risks in the case of a bike accident.

4. What's the process for calculating two-wheeler insurance premiums?

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It is easy. Simply enter your bike details into our online bike insurance premium calculator. Using just some basic details, you can use the online calculator to get a clear-cut rate of your Hero Splendor Pro insurance premium. You must complete the following information in order to calculate the premium for your Hero Splendor Pro insurance policy:

  • Manufacturer's name of your two-wheeler
  • Model number of your two-wheeler
  • Manufacturing year of your two-wheeler
  • Fuel type of your two-wheeler
  • Insured Declared Value
  • Your basic details - name, age, and residential address.

5. Is it possible to transfer my NCB to a different insurance company?

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Yes. You don't have to give up your existing No-Claim Bonus perk just because you're switching providers. You must notify your new insurance carrier of any accrued No-Claim Bonuses so that your new insurance policy may be adequately adjusted.

6. Is bike insurance required for my second-hand Hero Splendor Pro bike?

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Yes. Insuring your second-hand two-wheeler is not just prudent, but it's also required by law. Riding your Hero Splendor Pro motorcycle without adequate insurance coverage is a legal infraction under the 1988 Motor Vehicles Act

7. Does my Hero Splendor Pro bike insurance also cover my co-passengers?

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No, your coverage does not cover co-passengers. The comprehensive and third-party liability insurance plans provide Personal Accident coverage solely to the policyholder or owner-rider. To safeguard your co-passengers, you must purchase a personal accident add-on.

What is the Hero bike insurance renewal price?

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The renewal price of Hero bike insurance offered by us is dependent on various factors such as the age of the bike, its make and model, IDV, location, and coverage. The premium for a Hero bike insurance policy can be calculated using the online premium calculator. It is best to visit the Tata AIG website and use the calculator to get an estimate of the renewal price of insurance for your Hero bike.

How to compare two-wheeler insurance provided by Tata AIG?

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Comparing two-wheeler insurance policies provided by us can be done by considering the following factors: Ensure that the policy covers all the risks you want to protect your bike from. Check if the policy covers third-party liability, personal accident cover, and natural calamities. Compare the premium rates offered by us for different policies. Check if the policy is affordable and fits your budget. Check the availability of add-ons and the benefits they provide. Some of the add-ons offered by us for two-wheeler insurance include Depreciation Allowance, Emergency Medical Expenses, etc. Ensure that the claim settlement process is simple and easy. We offer a 24x7 customer service helpline, online claim management, and a user-friendly website.

How to file a claim for my Hero Splendor Plus bike insurance?

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To file a bike insurance claim under Tata AIG, follow these steps: As soon as you are aware of the damage, contact Tata AIG's customer service centre to report the claim. You will need to provide details about the incident, such as the date and time of the accident, location, and nature of the damage. You will need to provide proof of ownership and insurance policy documents, as well as any other relevant documents, such as a police report or medical bills. Our surveyor will inspect the damaged vehicle to assess the extent of the damage and prepare a report. Fill out a claim form, attach all supporting documents, and submit the form to Tata AIG. You will be provided with a claim registration number. We will review your claim and make a decision. You will be informed of the status of your claim and the amount of compensation if approved. If your claim is approved, you can get your vehicle repaired at an authorised repair centre. We will cover the repair expenses. After the repairs are complete, we will process the payment of compensation to you.

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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