Suzuki V-Strom Insurance

The Japanese automaker Suzuki introduced its V-Strom series of motorcycles by launching the Suzuki V-Strom 1000 in 2002. Later, this model was replaced by V-Strom 1050 and V-Strom 1050XT. 

Suzuki Motorcycle India Limited, founded in 2006, introduced the V-Strom 650XT in the Indian commuter market in 2020. It is Suzuki’s first big bike to follow BS6 emission standards. Additionally, the company is set to release the V-Strom 250 XT model in December 2021. 

If you are planning to purchase the upcoming models of Suzuki V-Strom, you must factor in the importance of financial products like two-wheeler insurance. 

To that end, here is a piece on Suzuki V-Strom insurance, its benefits, and the perks of obtaining it from reputed insurers like Digit.

It is crucial to make an informed decision regarding insurance for your Suzuki commuter. In this regard, the first step should be choosing the right insurance provider who offers a range of service benefits and other attractive deals. 

Before you choose Digit as your insurer, here are the list of benefits you might want to consider:

1. IDV Customisation - The Insured Declared Value of your Suzuki bike decides the returns you will receive in case there are irreparable damages or bike theft. Insurers find out this value by subtracting the bike’s depreciation from the manufacturer’s selling price. However, Digit allows you to customise this value and opt for maximum benefits. 

1. Cashless Claims - Digit’s smartphone-enabled claim process enables you to raise claims within a few seconds. Furthermore, you can avail of a cashless facility on your claim from Digit-authorised network garages. Under this facility, you can avoid paying cash for the repair costs of your V-Strom bike. 

1. Online Application Procedure - With Digit’s online application process, you can avoid long queues and heavy paperwork. By using your smartphone, you can apply for Suzuki V-Strom insurance online, upload the necessary documents and complete the process in a short span. 

1. Wide Network of Digit-authorised Garages - If your Suzuki commuter suffers heavy damages, you can get cashless repairs from one of the Digit network bike garages. There are more than 2900 garages across India. 

1. Insurance Options - Generally, insurance providers give the option to choose from third-party and comprehensive insurance. However, insurers like Digit give you 3 insurance options:

• Third-party Damage Cover: By opting for this plan, you can get coverage benefits for third-party damages caused by your Suzuki bike. 

• Own Damage Cover Plan: A third-party insurance policy will not cover damages caused to your own bike in case of accidents or collisions. Therefore, you can consider a standalone own damage bike cover to cover charges of damages inflicted on your Suzuki motorcycle. 

• Comprehensive Cover: Comprehensive insurance is ideal for those who prefer complete coverage against both third-party and own bike damages. Hence, without buying separate plans, you can obtain a well-rounded insurance policy like this one. 

1. Add-on Policies - If you settle for a comprehensive Suzuki V-Strom insurance plan from Digit, you can avail of 5 add-on benefits. These add-on policies will help you get additional protection. Some of the policies include consumable cover, engine and gearbox protection cover, breakdown assistance and more. 

Thus, it is practical to choose Digit as your insurance provider because of its never-ending list of benefits.

Financial instruments like two-wheeler insurance effectively reduce financial and legal liabilities. To understand this better, here is a section on the importance of availing two-wheeler insurance for Suzuki V-Strom:

• Saves Your Pockets from Hefty Repair Costs - A well-rounded insurance policy for your Suzuki bike can cover damage repair costs and help you save money for future purposes. You can opt for a cashless or reimbursement facility and protect yourself from financial losses. 

• Helps to Avoid Legal Repercussions - According to the Motor Vehicles Act, every bike owner must at least possess third-party insurance. Without valid insurance, they are liable to pay fines up to ₹2,000 for a first-time offence and ₹4,000 for repeating the same. Thus, two-wheeler insurance helps you to avoid hefty fines and legal liabilities. 

• Covers Third-party Liabilities - In case of accidents or collisions between your Suzuki bike and a third-party person, property or vehicle, you might face litigation issues and other liabilities. However, a third-party Suzuki V-Strom insurance policy covers these liabilities and takes care of litigation issues. 

• Own Damage Cover - There might be damages caused to your Suzuki motorcycle during accidents, fire, theft, disasters and more. In such a scenario, you might need to pay for the damage repair costs if you do not possess a valid insurance policy. A comprehensive insurance plan provides complete coverage benefits.

• Provides Personal Accident Cover - Under this cover, policyholders and their families can get compensation in case of bike accidents that result in serious injuries like permanent total disability or even death. 

Additionally, insurers like Digit offer a No Claim Bonus up to 50% during Suzuki V-Strom insurance renewal online if you do not raise a claim in a year or more. Thus, you can consider this provider to meet your insurance requirements.

Before purchasing the upcoming V-Strom models, you might want to consider the features equipped in their latest launch V-Strom 650XT. They are as follows:

1. It packs a 4-stroke, liquid-cooled, DOHC, 90° V-twin engine that offers a displacement of 645 cc.

2. The bike is BS6 emission compliant. 

3. This Suzuki V-Strom model equips a number of safety features like single-channel ABS, analogue and digital console, riding modes, traction control and more. 

4. It comes with a fuel tank capacity of 20 litres, and its dimensions are 2275 mm in length, 910 mm in width, and 1405 mm in height. 

5. The motorcycle also features an LED headlight, taillight and turn signal lamp. 

6. It sports tubeless tyres, spoke wheels, double disc and disc front and rear brakes. 

Now that you know everything about this bike’s features, you should factor in the risks and damages it is susceptible to. Considering that, you can consider Suzuki V-Strom insurance from reputed insurance companies like Digit.