OLA Roadster Insurance

This **Step-by-**Step guide will take you through TATA AIG’s Ola Roadster insurance renewal and purchase process to ensure a hassle-free experience. Knowing the procedure helps you select a policy that meets your insurance requirements while avoiding any gaps in protection.

-The Process to Buy Ola Roadster Insurance Online

Step 1: Visit TATA AIG’s official website to buy bike insurance online

Step 2: On this page, you will see a slot to enter your bike’s registration number. Once you input the information, click on the “Get Price” button.

Step 3: On the subsequent page, you will see an insurance application form. Carefully fill it out with all relevant and up-to-date information.

Step 4: In the next section, you will need to submit your bank details and upload all the KYC documents as prompted. These include your ID proof, address proof, etc.

Step 5: Next, you will need to select the add-ons that are most relevant to your bike and insurance needs. However, this is an optional **Step, and insurance seekers who are happy with standard coverage can skip it.

Step 6: Finally, submit your application form and pay the Ola Roadster insurance price, in other words, the premium for your chosen policy.

Step 7: Our team will then review your policy and once approved, you will receive a soft copy of your insurance in PDF form on your registered email.

-The Process to Renew Ola Roadster Insurance Online

Step 1: To renew your bike insurance online, visit TATA AIG’s official website

Step 2: On this page, enter the registration number of your Ola Roadster and click on the tab that reads “Renew.”

Step 3: Carefully fill out your Ola Roadster insurance renewal form and ensure all the information is relevant and up-to-date. You will need to input the date of your policy expiry, claim history (if applicable), etc.

Step 4: In the next section, choose from TATA AIG’s list of seven unique add-ons to strengthen your standard bike insurance policy. This **Step can be skipped if no additional riders are required. Finally, pay the Ola Roadster insurance price for renewal.

Step 5: Once the payment has been confirmed, you will receive a copy of your insurance in your email.

Additional Notes:

The tenure of the policy ranges from one to five years. If you intend to apply for Ola Roadster insurance renewal, you can do so within 90 days of the previous policy’s expiration date. Policyholders can also choose to renew their coverage 15-30 days before the due date. The latter is recommended by TATA AIG, especially for long-term two-wheeler insurance policies.

When buying a bike insurance policy, one considers several factors such as the scope of the coverage, tenure of the policy, etc. However, among these, one of the most important elements is affordability. At TATA AIG, we understand the importance of finding a reasonable cover, especially for cutting-edge bikes like the Ola Roadster. So, before investing in a cover, we advise all insurance seekers to use our two-wheeler insurance premium calculator.

This free online tool can help you get a near-accurate estimate of the premiums payable against your bike insurance online so you can be confident about your insurance and find suitable coverage without burning a hole in your pocket.

-Now, when investing in Ola Roadster insurance, TATA AIG offers three primary options:

-Third-Party Two-Wheeler Insurance: This is a basic bike insurance policy that covers damages that the insurance holder may cause to another person or their property. Your Ola Roadster third-party insurance price, like that of other vehicles, will be determined by the Insurance Regulatory and Development Authority of India (IRDAI).

The IRDAI considers factors such as the engine capacity (cc) or the power output of the vehicle to determine the third-party insurance price. These rates are annually considered to check if any revision in the prices is needed. Ola Roadster third-party insurance price is reasonable so owners can secure their vehicle without burning a hole in their pocket.

-Comprehensive Two-Wheeler Insurance: In addition to third-party liabilities, this policy also compensates for damages to the insured vehicle. The premium for comprehensive bike insurance is based on factors such as the make and model of your bike, the chosen add-ons, IDV (Insured Declared Value), location (resident city/town), etc.

-Own Damage Two-Wheeler Insurance: This is a standalone policy that compensates the policyholder for damages to their vehicle owing to accidents, fire, natural or man-made disasters, etc. The price of own damage insurance also relies on the same factors as comprehensive coverage but is relatively lower, since it does not cover third-party liabilities.

-Important:

According to the IRDAI, it is mandatory for bike owners to buy a third-party bike insurance policy to legally ride on Indian roads. If you do not want a comprehensive policy you will at least need valid third-party insurance to adhere to legal requirements.

Vehicle owners must ensure that their two-wheeler insurance is renewed before it expires.

Insurance riders or add-ons, as they are commonly known, are additional coverages that offer an added layer of protection to a standard bike insurance policy. TATA AIG offers a choice of seven unique add-ons to strengthen your cover and customise your policy. Here is the list of insurance riders to choose from:**

-Depreciation Allowance: Popularly known as the zero depreciation cover, this add-on helps you prevent losing money due to the natural depreciation of your bike’s parts.

Generally, when you raise a claim for repairs or replacements, the depreciation amount is deducted from the claim thereby reducing your reimbursement. With depreciation allowance, the insurer will compensate the entire without deductions, ensuring a maximum payout.

-Return-to-Invoice Cover: In the unfortunate event that your bike is stolen or suffers total loss owing to an accident, this rider ensures that you receive the entire invoice price of the vehicle as opposed to the market value of your bike. In essence, this add-on covers the gap between the IDV and the invoice price.

-Emergency Medical Expenses: This rider compensates for the medical expenses incurred due to an accident. The cover is applicable to the rider as well as the pillion to ease the financial burden in trying times.

-Additional Personal Accident Cover for the Owner-Driver: This add-on offers an added layer of security in the unfortunate event of severe injuries or fatalities resulting from a bike accident. It offers a lump sum amount to the insurance holder to help pay for the medical expenses. If the policyholder passes away, this amount is paid to the beneficiary.

-Additional Third-Party Property Damage Cover: Although third-party liabilities are part of third-party and comprehensive bike insurance, this add-on enhances the coverage limit for property damage caused to a third party if damages exceed the usual limit, ensuring you are fully covered for larger claims.

-Consumables Expenses: If an accident damages any consumable parts of your bike such as screws, nuts, bolts, engine oil, brake oil, or lubricants, this add-on compensates the policyholder with the entire cost of their repairs and replacements.

-Roadside Assistance: If, while on the road, your vehicle breaks down, this add-on offers immediate assistance so you are not stranded in the middle of nowhere. It includes situations such as a flat tire, dead battery, or mechanical failure and on certain occasions also offers on-the-spot repairs.

This section provides the policy inclusions and exclusions for TATA AIG’s Ola Roadster insurance. Understanding what is covered and what is not prevents any unpleasant surprises while raising a claim. It also helps choose the right add-on covers so your vehicle is adequately secured from risks.

Ola Scooter Insurance Inclusions

There are several compelling reasons to choose TATA AIG to secure your beloved Ola Roadster. As a trusted insurance provider, we are known to offer prompt claim settlement and comprehensive coverage owing to our customer-centric policies.

Here are the key benefits of purchasing TATA AIG Ola bike insurance:**

-Seamless Online Process: By enabling insurance seekers to bike insurance online, TATA AIG has made it easy to secure your vehicle. With a few clicks and in a matter of minutes, insurance seekers can select a suitable plan and complete the process without having to physically visit the branch.

-Customisable Coverages: TATA AIG allows insurance holders to tailor their insurance based on their requirements and preferences. With a choice of seven unique add-ons, insurance seekers can appropriately secure their Ola Roadster and rest assured that their beloved possessions are in good hands.

-Vast Network of Garages: To enhance convenience for insurance holders, TATA AIG offers a cashless facility in network garages. With its extensive network of garages across India, policyholders can ensure they receive assistance without having to scramble for funds at the last minute as the bill is directly settled by the insurer.

-Easy Claim Settlement: At TATA AIG, we acknowledge the stress that policyholders face when raising a claim. Understanding this, we ensure an easy and convenient claim settlement process in just three steps. Simply visit the claim page, submit relevant documents, and submit the claim.

-High Claim Settlement Ratio (CSR): Our CSR was an impressive 99% in FY 2022-2023, highlighting our commitment to provide seamless claim approval and payout. This affords peace of mind knowing your claim will be honoured so you are not distressed in trying times.

-No Claim Bonus (NCB) Transfer: The NCB is rewarded to policyholders for not raising a claim during a policy year. This cumulative discount increases with every claim-free year thereby lowering your insurance premium. If you are purchasing a new bike, you can simply transfer your NCB. This is because the NCB is awarded for the rider’s safety and is not tied to the bike.

Ola Roadster is not your regular electric bike - it has transformed two-wheeler design and technology. With a futuristic design, superior performance and contemporary safety features, the Roadster is designed to offer an unparalleled riding experience. Here are some of the key features that make it stand out:**

-Futuristic Design: The sleek and minimalist design paired with diamond-cut alloy wheels, gives the bike a modern aesthetic while also affording durability. Additionally, with its seven-inch TFT touchscreen display, the bike has a premium feel transforming every interaction into a smooth and intuitive one.

-Performance: The Roadster comes with three dynamic riding modes: Eco, Normal, and Hyper, allowing riders to switch between energy efficiency and speed depending on their preference.

-Digital Technology: The bike is packed with digital features that enhance convenience and offer a smooth riding experience. It boasts Krutrim Voice Assistant, Group Navigation and Smart Park, for a smart riding experience. Additionally, features such as Cruise Control and DIY mode allow for personalised, hands-free navigation and riding, whereas Advanced Regen ensures you stay charged on the go.

-Comprehensive Safety: Safety is at the forefront of the Roadster’s features with Cornering ABS, to optimise braking during turns, emergency SOS alerts that provide real-time assistance, theft and tamper detection, and proximity locks for added safety layers.

-Superior Engineering: The bike comes with brake-by-wire technology for front and rear disc brakes for precise control and safer stopping. Moreover, its mono-shock rear suspension ensures a comfortable ride in daily urban commutes.