TVS Bike & Scooter Insurance

TVS Motor Company Limited is India’s third-largest two-wheeler manufacturing company, behind Bajaj and Hero. It is the second-largest exporter from India with a presence across South Asia and the Middle East, Africa, Central America, and South America, apart from the Indian subcontinent. TVS two-wheelers include mopeds, scooters, commuter motorcycles, and racing motorbikes.

TVS Motor, with an annual consolidated sale of 3 million units, has an annual capacity of 4.95 million vehicles. Over the years, more than 44 million customers have chosen a TVS product. The two-wheelers are easy to handle, eco-friendly, and competitively priced. TVS ensures this by giving importance to ongoing innovation and technological advancements.

The company has production facilities in Hosur (Tamil Nadu), Mysore (Karnataka), and Nalagarh (Himachal Pradesh). It also has a manufacturing plant in Karawang, Indonesia.

The company has one moped (TVS XL100) available in the market. It is reasonably priced at under Rs 40,000. There are four scooter models, starting with the entry-level TVS Scooty Pep+ at around Rs 53,000. The other three offerings (TVS Zest, TVS Jupiter, and TVS NTorq) fall in the Rs 60,000 -70,000 range.

In motorcycles, the commuter bikes are TVS Sport, TVS StaR City and TVS Radeon. All three of these are around the 110-cc capacity and priced between Rs 54,000 and Rs 64,000. In the racing bike category, TVS offers the Apache RTR series and the Apache RR. The RTR series are affordable racing bikes in the Rs 1,00,000+ price band. The Apache RR 310 is its premium racehorse, at close to Rs 2.5 lakh.

TVS Motors also has an electric bike in its stable, namely the TVS iQube. It has a riding range of 75 km and is priced at Rs 1.15 lakh.

The name TVS is familiar to Indians through their TVS 50 mopeds which they started manufacturing in 1979. They had a 19-year partnership with Suzuki, which ended in 2001. This saw motorcycles such as Shogun, Samurai, and Shaolin. During this stage, TVS Suzuki Fiero generated good market response, which continued even after TVS parted ways with Suzuki. Interestingly, Fiero is making a comeback next year.

TVS’s motorcycle legacy was strengthened with the introduction of the Apache series. TVS is known to have introduced various groundbreaking innovations in two-wheeler technology. The Apache featured Racing Throttle Response and became the first Indian bike to have petal disc brakes. TVS was the first in India to introduce the FI system in its bikes, with Apache RTR 160 being the first.

The Apache RTR 180, launched in 2009, was the fastest bike in its segment. In 2011, the Apache RTR 180 became the first bike to feature dual-channel ABS. Innovation also continued in riding comfort, as the Apache RTR 200 was rolled out with monoshock rear suspension.

More recently, TVS partnered with BMW Motorrad to build superior engines. TVS is making the right moves when it comes to being eco-friendly too. The Apache RTR 200Fi 4V is India’s first-ever ethanol-powered motorcycle.

Whichever two-wheeler you buy, bike insurance is always mandatory. While third-party two-wheeler insurance is compulsory under government laws, having comprehensive TVS two wheeler insurance and additional riders offer wider protection to you and your vehicle. This will cover accidental damage to your bike, physical injury to the rider and pillion, hospitalisation expenses, and all third-party liability including damage, injury, and death.

TVS bike insurance price will vary depending on the model. Buying a premium model like RR 310 can see an insurance cost upwards of Rs 10,000. On the other hand, a more affordable TVS Sport can be insured at around Rs 2500. Somewhere in between, insurance for the Apache RTR 160 could set you back by around Rs 4200.

You can enquire about new insurance plans or renewals of your TVS bike insurance online or through an agent, or by visiting the offices of insurance companies. Many third-party websites provide you with a comparison of various two-wheeler insurance plans and companies. You can calculate bike insurance premium, the add-ons provided, as well as the terms and conditions. Besides, you should also compare the insurer’s claim settlement history, reputation, after-sales service, etc.

TATA AIG’s two-wheeler insurance policies are sought after because of the impeccable TATA reputation, the transparent and honest terms and conditions, and the smooth claims processing. A comprehensive TATA AIG TVS insurance policy covers all losses or damages to the vehicle. This includes damage from natural calamities, terrorist attacks, fire, theft etc. The mandatory third-party liability cover is also a part of the TATA AIG comprehensive cover.

A further advantage is that TATA AIG offers many useful add-on riders. This includes depreciation allowance, personal accident cover to unnamed persons, third-party property damage, accident cover to owner-driver, emergency medical expenses, etc.

The main competitors of TVS are Hero and Bajaj. Hero Motocorp has scooters such as Maestro Edge 110, Maestro Edge 125, and Destini 125, all of which are offered in the Rs 60,000 - Rs 70,000 price range. The HF Deluxe is Hero’s budget motorbike, with models like Splendor Plus, Passion Pro, Glamour, Super Splendor, etc. popular among commuters. Its Xtreme 160 and XPulse 200 compete with TVS’ respective Apache models.

Bajaj has several commuter bikes like CT 100, CT 110 and Platina. Its Pulsar models are quite popular and go up to 200cc variants. Its Avenger Street is a 160cc alternative to the Pulsar 160. The Dominar 400 is the premium offering from the Bajaj stable. Bajaj has revived the Chetak brand name with an electric scooter in two variants.

With its wide range of offerings targeted at different user segments, TVS Motor Company offers budget two-wheelers for commuters as well as high-performance bikes for racing enthusiasts. Thanks to continuous innovation, attractive design language, and competitive pricing, TVS continues to be a major player in the Indian two-wheeler market.