Royal Enfield Bullet Bike Insurance

Considering laying your hands on your first Royal Enfield Bullet? Wondering if the throttle still carries the essence it did some 60 to 70 odd years back?

Well, let us then discuss and find out if every Royal Enfield is still Made Like A Gun if they can be protected better with insurance policies and what are the benefits offered by such policies.

Royal Enfield, as a brand, makes a supreme statement with the simple fact that they stand as the longest functioning motorcycle manufacturer in the world. Beginning with their production as early as 1901, their model Bullet stands as the longest performing motorcycle design in the world.

Known for its sturdy design powered by a 4 stroke engine, the model came into life in 1931. Though initially Bullet was launched in 350 cc and 500cc, later in 1933 a 250cc variant was also introduced. The rigid rear-end made it a hardtail, thereby necessitating a sprung seat for the rider. British Army introduced the 350 cc variant in their service, using it during the Second World War with great success.

However, as the popular saying goes – with great power comes great responsibility. That is why to ensure that your bike is protected from various financial liabilities, it is crucial for you to avail a Royal Enfield Bullet insurance policy.

Further, availing a bike insurance policy is also mandatory under the Motor Vehicles Act 1988. If you are found riding without at least the third party liability two-wheeler insurance policy, you can attract traffic fines of Rs. 2000 and Rs. 4000 for repeated offence.

In India, even in the post-independence period, Royal Enfield and its Bullet remain icons. There are several reasons that contribute to the popularity of Royal Enfield Bullet among Indian bikers. For instance:

• Typically, the current batch of Royal Enfield Bullets with its 21^st-century engine offers a mileage varying between 30 and 40 kmpl, depending on its engine capacity.
• Indian motorcycle enthusiasts have always had a special place for this model which became a stand-alone cruising icon since the late 1960s and through the later decades of the same century. Royal Enfield Bullet was also a stand-alone motorcycle that was integrated both in the police forces and defence forces across the country; such was its famed prowess and iconic value.
• With the advent of modern technology, the consequent fall in demand for Royal Enfield compelled the company to revamp this icon of theirs. The modern Bullet boasts of similar design as their predecessors with its mainframe still the same as of old. However, reduction of weight and introduction of twin-spark and allied technology has infused fresh blood in Royal Enfield’s Bullet.

With multiple technological upgrades, Bullet is a pricey piece of machine that is worth every single rupee spent on it. That is why the cost associated with replacing or repairing any part of the Bullet, damaged in an accident can also be quite heavy on your pockets.

Understandably, the owners of this beauty should thus check the Bullet insurance price and apply for it as soon as possible.

While the obvious issue of financial security is the first thing that comes to mind hearing insurance policy, it is important for owners to check the remaining length of this article. It can shed light on a few precious advantages they can avail with their Royal Enfield Bullet insurance policy from Digit. 

Understanding the heritage of these machines, it comes as no surprise that every owner desires to preserve their ride in every possible way they can. Digit understands this desire and respects the love for these two-wheelers too. As a result, Bullet insurance from Digit has the benefits which are discussed below:

Multiple Network Garages across India

Royal Enfield Bullet stands out as one motorcycle model which has been and is still used for travels across the country and expeditions. Being the go-to machine for long-distance cruising, mechanical back-up in case of accidents is a vital necessity. Digit offers cashless repair facilities across more than 1,000 garages across India for any accidental damage to your bike.

Types of Royal Enfield Bike Insurance Policies

There are quite a few insurance policies which are offered by Digit. Discussed below, you can choose any for your Royal Enfield Bullet insurance policy:

• Third-Party Two-Wheeler Insurance - It is compulsory under the Motor Vehicles Act of 1988 for every motorcycle to have a third-party liability cover. In case there is an accident, these policies cover the damages to a third party involved in the accident. This includes injury to a person, damage to property or vehicle, etc. You must note, this policy does not offer any compensation for damage to your Royal Enfield Bullet.
• Comprehensive Two-Wheeler Insurance - Quite understandably from its name, these policies offer financial protection to both third-party as well as the bike itself. If you avail this policy, you can claim compensation for any accidental damage to your Royal Enfield Bullet along with the usual third party liability insurance that is mandatory in the country. This policy also covers instances of damages due to fire, theft, natural and man-made calamities, etc.

Further, those who have purchased their Bullet after September 2018 can avail their own damage bike insurance cover for their vehicles as well. These Bullet insurance policies offer the benefits of the comprehensive insurance policy sans the third-party liability benefits.

Online Purchase and Renewal

Among the advantages of online purchase and renewal, the foremost are convenience, promptness and the ease of comparison. Comparing different policies offered by Digit and choosing the right one is very easy online. Additionally, you can also buy insurance for your Royal Enfield Bullet online within just a few minutes.

Prompt Digital Claim Settlement Method

Unlike the lengthy process that is applicable for most insurance claims, Digit offers fast claim filing as well as an easy settlement. You can even file for your claim online with the help of your smartphone. The self-inspection facility over smartphone helps save time while the high rate of Digit’s claim settlement indicates a low chance of claim rejection.

No Claim Bonus Benefit

If you do not claim your insurance policy, Digit is one of the institutions which offer the chance to avail discount on the policy premium upon its renewal. Under no claim bonus benefit, you can avail up to 50% NCB discount accumulated benefits on your renewal premium. You can also avail this benefit of Bullet insurance online if you are changing your insurance provider to Digit.

Efficient 24x7 Customer Service

Digit offers premium customer service, which is available 24X7 to file claims. Furthermore, the customer care service is also available on national holidays. You can simply file your claim online or even call the toll free number for assistance in filing your Bullet bike insurance claim.

Customisable Insured Declared Value

The IDV is the sum of money which is insured against total loss or theft of your Royal Enfield Bullet. Calculated by subtracting the depreciation of your two-wheeler from the selling price of your motorcycle, this amount of money can be customised if you are availing the insurance policies offered by Digit. It is advisable to go for a higher IDV since it can effectively cover all the expenses that might arise in case of an accident.

Numerous Add-On Covers

While this is not offered on the third-party insurance for Bullet, if you buy the comprehensive cover, you can also opt for numerous add-ons. These add-ons are listed below, and availing them can ensure that your Bullet is financially safeguarded from any accident:

• Return to invoice insurance cover
• Zero depreciation cover
• Breakdown assistance
• Engine and gear protection policy
• Consumable cover

You should check the different types of covers and choose the right one for your Bullet insurance policy.

Thoroughly appreciating the passion of two-wheeler enthusiasts, Digit proudly offers insurance policies which completely protect your bikes.