Royal Enfield Electra Insurance

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Royal Enfield Electra Insurance

Royal Enfield is a motorcycle manufacturing company with its headquarters in India. Also famed as bullets, Royal Enfield bikes are often the first choice of adventurers who love to navigate through the Indian mountains.

If you are also an adventure enthusiast who is planning to buy a Royal Enfield Bullet Electra bike, then go ahead. But before that, we recommend you buy a two-wheeler insurance policy to protect it against damages during an unforeseen event. Powered by a Unit Construction Engine (UCE), Royal Enfield Bullet Electra offers the ultimate riding experience.

Talking about insurance policy for bikes, according to the Indian Motor Vehicles Act, you must own at least a third-party bike insurance policy that provides you basic coverage against the third party’s liabilities incurred due to an accident with your bike. For, if you are riding a bike without a valid insurance cover, it may attract a fine of ₹2,000 and/or imprisonment of up to 3 months, and ₹4,000 for repeated offences.

But keep in mind that the mandatory third-party insurance policy covers you only against the injuries caused to a third party person or damages caused to their vehicle. While a comprehensive policy covers not only the third party’s liabilities but also damages sustained by your bike and injuries borne by you. For more information, visit the Tata AIG website and compare a range of insurance products to zero in on one that goes well with the beauty that Royal Enfield Bullet Electra is.

Purchase or Renewal of Royal Enfield Bullet Electra Bike Insurance via Tata AIG

Whether you have to purchase or renew your Royal Enfield Electra 350 insurance policy, follow a few steps and get it done through our quick and easy online process:

  • Browse through the Tata AIG website and head to the ‘Bike Insurance’ page.
  • Input your bullet’s registration number. Then, click on the ‘Get Price’ tab for a new policy, or select ‘Renew’ for Royal Enfield insurance renewal.
  • As our bike insurance calculator will fetch all the relevant details of your bullet, kindly confirm them.
  • Now, opt for a desired Insured Declared Value (IDV).
  • Submit the policy form along with the relevant claim information if you raised a claim in the past; else, you may avail of a No Claim Bonus (NCB) discount.
  • You may also include add-on covers of your choice for additional coverage.
  • Once you do that, your screen displays the premium amount, i.e. your Royal Enfield Electra insurance cost. Kindly make the payment via available digital payment modes.
  • As soon as we receive your payment, a soft copy of your bullet’s insurance plan will be sent to your registered email ID.
  • You may use this Royal Enfield bike insurance copy to enjoy complete protection against future damages to your bullet as and when required.

Royal Enfield Insurance Price – Your Premium Amount

The premium of a two-wheeler is basically determined on the basis of its variant, policy type, choice of add-ons, residential city, No Claim Bonus (NCB) discount (if applicable), and the Insured Declared Value (IDV).

If you choose a mandatory third-party two-wheeler insurance policy for your Royal Enfield Bullet Electra, the insurance cost will be based on the engine’s cubic capacity. The premium rate for a third-party policy is preset by the Insurance Regulatory and Development Authority of India (IRDAI) on an annual basis. However, if you opt for a comprehensive policy for your bullet, the Royal Enfield insurance price will be determined by the aforementioned factors. And, one of the primary factors is the IDV (Insured Declared Value) which is the prevailing market value of your bullet.

The insurance cost for a comprehensive policy for Royal Enfield can be somewhere between ₹500 to ₹18,000. You may also use the Tata AIG bike insurance calculator to evaluate the premium cost for your bullet at your convenience.

Royal Enfield Bullet Electra Insurance Add-ons by Tata AIG

Though you may not enjoy additional coverage while opting for a basic third-party insurance cover, you may include some add-on covers in case of a comprehensive policy, and thus, boost the policy cover even further. Here is a list of some of the add-on covers offered by Tata AIG for your Royal Enfield bullet insurance.

  • Zero Depreciation Cover: This add-on cover lets you claim the entire policy amount in case of any damage without deducting your bullet’s depreciated value at that time.
  • Return to Invoice Cover: It allows you to enjoy full compensation as per the last invoice value of your Royal Enfield bullet.
  • Additional Third-party Cover: If you opt for an own-damage insurance policy for bike, then this cover can help you pay for liabilities towards the third party in case of an unforeseen event.
  • Roadside Assistance Cover: This add-on cover works as a boon when you are in the middle of a road and want immediate breakdown assistance for mechanical or electrical repairing, dead battery, flat tyre, fuel requirements, etc.
  • Consumables Cover: This additional cover is meant to cover you against loss and damages due to your bike’s consumables in an accident.
  • Emergency Medical Expenses Cover: Opting for this add-on may provide you coverage for emergency medical expenses incurred during an accident.
  • Additional Personal Accident Cover: With this add-on cover, the bike owner or driver along with a companion can receive the benefits of an insurance plan in case they lose their eyesight, or limbs, or face any other type of disablement.

Before including any add-on cover in your Royal Enfield insurance policy, it’s recommended to evaluate your premium cost and bike’s requirements. Add-on covers do provide extra coverage, but they charge an additional premium, subsequently increasing your Royal Enfield Electra insurance cost.

Things Covered and Not Covered Under Royal Enfield Bullet Electra Bike Insurance

Both the most inclusions are part of a comprehensive Bullet Electra Insurance policy. A third-party insurance policy will only cover your expenses that would otherwise go out towards third-party damage compensation.

Why Should You Buy Royal Enfield Bullet Electra Insurance Online via Tata AIG?

Royal Enfield Bullet Electra is just not a bike, it’s an emotion. And, at Tata AIG, we understand how crucial it is for you to protect your pillion rider in all aspects. Here are a few reasons to help you understand why opting for 2-wheeler insurance online via Tata AIG can work in your favour:

  • Tata AIG has been in the insurance industry for more than twenty years.
  • We have served more than 5 crore insurance customers across the nation to date, which ensures customer reliability.
  • Tata AIG has 7500+ network garages that ensure timely service and a quick, hassle-free process in regard to insurance claim settlement.
  • Our network of around 650 claim experts ensures an unbeatable customer experience while resolving all your queries and issues seamlessly.
  • Tata AIG insurance portal offers you customisable plans to match your distinct needs and preferences.

Overview – Royal Enfield Bullet Electra Bike

Royal Enfield bikes are made like guns - sturdily built to withstand years of usage. Their bikes are usually considered the first choice amongst adventure junkies. And Royal Enfield Bullet Electra is one such robust bike that can make you go weak in your knees in no time! Powered by a 346cc engine that generates around 19.8 bhp of power and 28 Nm of torque, this gorgeous cruiser comes with cutting-edge driving dynamics and fresh design to give you an unmatchable experience.

It gives you an average of 40 km per litre and has features such as big-sized tyres, electric starter, disc brake, maintenance-free battery, flat and comfortable seat, wet and multi-plate clutch, halogen headlights, etc. Its salient features make it ideal for highway rides as well as adventurous trips amidst the hilly regions.

Royal Enfield Bullet Electra Variant and Ex-Showroom Price

Royal Enfield Bullet Electra is available in only 1 variant, which is Royal Enfield Electra 350. Powered by a 346cc air-cooled single-cylinder engine, this cruiser offers a mileage of 40 km per litre and is available in red, blue, silver, and black colours. It comes with an anti-lock braking system, telescopic front and twin shock rear suspensions, a fuel tank of 13.5 litres, and some other astounding features that make you go weak in your knees!

This majestic variant may cost you around ₹1,63,338. You may visit the Tata AIG website to evaluate the Royal Enfield Electra 350 insurance cost using our bike insurance calculator so as to plan your budget accordingly.

Royal Enfield Bullet Electra Bike Unique Selling Points

Here are some of the salient features of the Royal Enfield Bullet Electra that make it unique from other bikes:

  • Royal Enfield Bullet Electra comes with a top speed of 100 km per hour, which makes it go like a bullet.
  • Powered by a 346cc 4-stroke air-cooled engine, it generates around 19.8 bhp of power and 28 Nm of torque.
  • With a fuel tank capacity of 13.5 litres, it gives a mileage of around 35 km per litre.
  • It comes with a kick starter, a 4-speed gearbox, and manual transmission.
  • Besides that, it also comes with a warranty of around 2 years or approx. 20,000 km.

Rivals of Royal Enfield Bullet Electra Models

Here is a list of some rival motorbikes that can be an alternative to your Royal Enfield Bullet Electra bike:

  • Hero Splendor Plus
  • TVS Apache RTR 160
  • TVS Star City Plus
  • TVS Apache RTR 180
  • TVS Apache RTR 160 4V

You may google these alternatives for more information, and decide for yourself which one you would like to go with. Well, if your budget allows you to own the magnificent cruiser, then our vote still goes to the Royal Enfield Bullet Electra, for it has no alternative!


All the car 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.

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

Which insurance add-on covers can I include in my Royal Enfield Bullet Electra bike policy?

Which insurance add-on covers can I include in my Royal Enfield Bullet Electra bike policy?


If you have opted for an own-damage or a comprehensive policy, you may include add-ons, such as zero depreciation, return to invoice, and consumable expenses cover, among others.

Why should I buy a comprehensive plan for my Royal Enfield Bullet Electra bike?


Buying a comprehensive Royal Enfield insurance policy may cover not only a third party’s liabilities but damages incurred to your bike as well. This policy comprises features of both third-party insurance and standalone own-damage insurance cover; thus, it provides you extensive coverage. Moreover, you may also purchase add-on covers to amplify the policy coverage.

How may I reduce my Royal Enfield Bullet Electra insurance cost?


The best way to reduce the insurance cost for your bullet is by avoiding unnecessary claims, installing anti-theft devices, opting for add-on covers wisely, and renewing your policy within the stipulated time period.

Can I choose to renew my policy with a comprehensive cover rather than continuing with the basic one?


Yes, definitely. You may choose to go with a comprehensive plan at the time of your Royal Enfield Electra insurance renewal rather than continuing with your old policy. With a comprehensive policy, you may also include some add-on covers of your choice so as to boost the coverage even further.

Things Covered Under Tata AIG’s Bullet Electra Insurance Things Not Covered Under Tata AIG’s Bullet Electra Insurance
Any loss caused to the bike owing to theft or total loss caused by a robbery. Any loss induced by use over time and regular wear and tear, including mechanical and electrical breakdowns.
Any damage caused to the Bullet Electra from explosions, self-ignition fires, lightning etc. Any damage caused when the Bullet Electra was being employed for commercial reasons. Also, if the damage is a result of adventure sports, racing, speed trials, etc.
Damage to the insured Bullet Electra due to an accident involving a third-party automobile and damage to someone else's assets or injury to a third-party person, which results in death or impairment. Damage or loss of the insured vehicle if the rider was drunk, not wearing a helmet at the time of the incident or if they do not have a valid driver's licence.
Any losses caused to the bike because of human actions of terrorism, defacing, riots and more. Personal accidents or own damage will not be covered if the person is under a third-party bike insurance policy.
Any degree of harm caused to the Bullet Electra because of natural disasters, including cyclones, earthquakes, floods, etc. Any damage to the insured Bullet Electra when it is not in the geographical location mentioned in the policy (i.e., outside India).
Any customisations made to the plan will be regarded when you make an insurance claim. Any damage was caused to the bike because of a robbery in your residence, but the bike was not stolen.
Personal injury coverage of up to ₹15 lakhs for the bike policyholder in the event of an accident. If the owner-driver passes away in the accident, the policyholder's nominee will get the sum insured. Any war-like situation in the country or an attack caused damage to the insured bike.