In the case of a Third-Party Liability Only Policy, damage to your own vehicle won’t be covered.

If the owner-driver of the claimed vehicle is drunk or driving without a valid licence.

Any damage caused due to contributory negligence of the driver (such as driving when there’s an existing flood).

Any damage that is not a direct result of the accident/natural calamity i.e., consequential losses like loss of earnings, loss of market, etc.

As vehicles age their parts naturally wear out, leading to a decrease in value over time, known as depreciation. Typically, this depreciation amount is deducted during settlement, reducing your payout at the time of claim. However, with the Zero Depreciation add-on, the depreciation amount is not deducted, ensuring you receive a higher claim amount. This add-on is particularly beneficial for new or relatively new vehicles, as it covers the full cost of parts without considering depreciation.

The Piaggio Ape is frequently used for long-distance transportation, making it more susceptible to breakdowns from accidents, flat tires, or battery issues. So, in situations Breakdown Assistance add-on helps by offering 24/7 support, ensuring that help is always available when you need it most. Whether you're stranded on a remote road or in the middle of a busy city, this add-on offers peace of mind by providing immediate assistance, including towing, minor repairs, and emergency fuel delivery.

Even though commercial vehicles like the Piaggio Ape are built with robust engines, they can still suffer damage from accidents, water ingress, or oil leakage. The Engine and Gear Box Protect add-on covers the cost of repairs or replacement of these critical components, safeguarding you from significant expenses.

A Consumable Cover goes beyond standard insurance by covering the cost of consumable items such as nuts, bolts, screws, engine oil, and grease that may need repair or replacement due to an accident. These small but essential parts are often not covered in regular Piaggio Ape insurance policy, but with this add-on, you can ensure that all aspects of your vehicle are covered, minimizing out-of-pocket expenses for such repairs.

In the event of an accident, your Piaggio Ape may need to be towed to a garage for repairs, which can incur additional costs. In such a situation, this add-on covers these costs, ensuring that your vehicle is safely transported from the accident site to the nearest garage or a safe location without any financial burden on you. This add-on is particularly useful for commercial vehicles driven frequently in remote or less accessible areas.

Loss of Revenue add-on is crucial for businesses that rely heavily on their vehicles for daily operations, ensuring that your business remains financially stable even when your vehicle is out of commission. So, if your Piaggio Ape is undergoing repairs due to damage, this add-on compensates you financially for any income lost during the repair period. 

The EMI Protection add-on helps cover the regular EMIs to the financier if your vehicle, which is taken on a loan, is damaged in an accident, resulting in a business loss. This add-on ensures that you are financially protected even when your vehicle is not generating income. It's an essential cover for businesses that have financed their vehicles and want to avoid defaulting on their loan payments.

This add-on covers the costs associated with cleaning up and removing debris, wreckage, or transshipping goods from your insured Piaggio Ape if it suffers accidental damage or loss. The compensation is provided up to the Sum Insured you have chosen. 

The return to invoice cover compensates you in case the insured passenger carrying Piaggio Ape suffers a total loss or constructive loss or is stolen, in the form of payment for a new vehicle at the prevailing ex-showroom price. However, exactly same make, model, variant is discontinued Company’s Liability will be limited to the difference between the last available ex-showroom price and claim payable under OD section of the Base Policy.

Available only for passenger-carrying Piaggio Ape variants, the key and lock replacement cover compensates you for the cost incurred to get the vehicle’s locks and keys replaced, installing a new lockset etc., if the insured vehicle’s lockset needs to be replaced or the keys are misplaced and lost.

As vehicles age their parts naturally wear out, leading to a decrease in value over time, known as depreciation. Typically, this depreciation amount is deducted during settlement, reducing your payout at the time of claim. However, with the Zero Depreciation add-on, the depreciation amount is not deducted, ensuring you receive a higher claim amount. This add-on is particularly beneficial for new or relatively new vehicles, as it covers the full cost of parts without considering depreciation.

The Piaggio Ape is frequently used for long-distance transportation, making it more susceptible to breakdowns from accidents, flat tires, or battery issues. So, in situations Breakdown Assistance add-on helps by offering 24/7 support, ensuring that help is always available when you need it most. Whether you're stranded on a remote road or in the middle of a busy city, this add-on offers peace of mind by providing immediate assistance, including towing, minor repairs, and emergency fuel delivery.

Even though commercial vehicles like the Piaggio Ape are built with robust engines, they can still suffer damage from accidents, water ingress, or oil leakage. The Engine and Gear Box Protect add-on covers the cost of repairs or replacement of these critical components, safeguarding you from significant expenses.

A Consumable Cover goes beyond standard insurance by covering the cost of consumable items such as nuts, bolts, screws, engine oil, and grease that may need repair or replacement due to an accident. These small but essential parts are often not covered in regular Piaggio Ape insurance policy, but with this add-on, you can ensure that all aspects of your vehicle are covered, minimizing out-of-pocket expenses for such repairs.

In the event of an accident, your Piaggio Ape may need to be towed to a garage for repairs, which can incur additional costs. In such a situation, this add-on covers these costs, ensuring that your vehicle is safely transported from the accident site to the nearest garage or a safe location without any financial burden on you. This add-on is particularly useful for commercial vehicles driven frequently in remote or less accessible areas.

Loss of Revenue add-on is crucial for businesses that rely heavily on their vehicles for daily operations, ensuring that your business remains financially stable even when your vehicle is out of commission. So, if your Piaggio Ape is undergoing repairs due to damage, this add-on compensates you financially for any income lost during the repair period. 

The EMI Protection add-on helps cover the regular EMIs to the financier if your vehicle, which is taken on a loan, is damaged in an accident, resulting in a business loss. This add-on ensures that you are financially protected even when your vehicle is not generating income. It's an essential cover for businesses that have financed their vehicles and want to avoid defaulting on their loan payments.

This add-on covers the costs associated with cleaning up and removing debris, wreckage, or transshipping goods from your insured Piaggio Ape if it suffers accidental damage or loss. The compensation is provided up to the Sum Insured you have chosen. 

The return to invoice cover compensates you in case the insured passenger carrying Piaggio Ape suffers a total loss or constructive loss or is stolen, in the form of payment for a new vehicle at the prevailing ex-showroom price. However, exactly same make, model, variant is discontinued Company’s Liability will be limited to the difference between the last available ex-showroom price and claim payable under OD section of the Base Policy.

Available only for passenger-carrying Piaggio Ape variants, the key and lock replacement cover compensates you for the cost incurred to get the vehicle’s locks and keys replaced, installing a new lockset etc., if the insured vehicle’s lockset needs to be replaced or the keys are misplaced and lost.

Your Piaggio Ape insurance online policy should have a PA cover to protect you for bodily injury or death of the owner-driver in case of an accident. Also, having personal accident cover is compulsory by law in India. 

This add-on cover protects the people against any injuries in the insured Piaggio Ape at the time of any accident.

Protect your Piaggio Ape and the business for which the insured Piaggio Ape is used, against any legal liability that may arise due to an injury caused to your employees or someone who works for you, by getting this cover.

This add-on cover protects your Piaggio Ape against any loss or damage to insured vehicle’s lamps, tyres, tubes, mudguards, bonnet, side part bumpers, headlights and paintwork in all cases, even in case of partial damage.

All electrical accessories fitted in your insured Piaggio Ape, which is not a part of the manufacturer’s model, are covered under this add-on.

All non-electrical accessories fitted in your insured Piaggio Ape, which is not a part of the manufacturer’s model, are covered under this add-on.

This add-on helps reduce your premium as you only have to pay a certain amount as your share of the loss, called the compulsory deductible. Additionally, it also covers the loss or damage to Piaggio Ape’s lamps, tyres, tubes, mudguards, bonnet, side part bumpers, headlights and paintwork if your vehicle is completely damaged. 

The model of Piaggio Ape and its age can impact the premium. Older vehicles may have lower premiums due to their decreased value, but they might also attract higher premiums if they are more prone to breakdowns. Similarly, expensive models attract higher premiums.

The type of insurance coverage you choose (comprehensive, third-party) also influences the premium, as comprehensive coverage usually costs more than third-party coverage because it offers broader protection.

Additional add-on covers like zero depreciation, engine protection, and roadside assistance also increase the premium as they are available at some additional minimal price.

If you haven't made any claims in the previous policy period, you may be eligible for a discount of up to 50% on your premium, in the form of NCB in motor insurance.

IDV is the current market price of your commercial vehicle. So, the higher you set the IDV, the higher the premium price.

The area where you mostly drive your Piaggio Ape significantly impacts the premium as well. High-risk areas with higher theft rates or accident frequencies can lead to higher premiums.