Addon covers help to enhance the protection of your vehicle against uncertainties. Insurers offer a wide range of addon covers that can be easily availed with a comprehensive insurance policy or a standalone own damage insurance policy.Buy these add-on covers with your Kotak Two Wheeler Insurance and get enhanced insurance coverage for your beloved bike.

  • Engine Protector

The Engine Protect cover provides insurance protection in situations such aswater ingression, leakage of lubricating fluids, and physical damage to differential or gearbox components. This cover is strongly recommended for vehicles in flood-prone areas or in or near streets that flood readily during rainstorms. Engine Protect is also recommended for owners of high-end motorcycles with pricey engine components.

  • Key Loss Cover

Opting for key loss cover is extremely beneficial as the cost of replacing the key of your two-wheeler with the maker of the vehicle can turn out to be costly. This cover provides compensation for all expenses incurred in the key replacement process; including changing the locks and labor costs.

  • NCB Protector

A No Claim Bonus, or NCB, is a discount on the policyholder's premium. It is given to the policyholder for not filing a claim during the policy's term. NCB is a provision that allows you to save up to 50% on your own damage premium after five years of no claims.

If a policyholder makes a claim during the policy period, he or she will no longer be eligible for the No Claim Bonus. The NCB Protector add-on, on the other hand, allows the policyholder to benefit from the NCB even if a claim for loss or damage is submitted.

  • Zero Depreciation

With the use of a zero depreciation cover, a policyholder may transfer the burden of bearing the expense of depreciation to the insurance provider.

  • Roadside Assistance

Roadside Assistance Package entails 24x7 emergency support provided in the event of any mechanical/electrical breakdown or traffic accident of the vehicle. This ensures hassle-free service to the customer in the event of a breakdown.This optional cover covers you in the event of a flat tyre, fuel delivery, car towing, battery drain, and on-site minor repairs, among other things.

  • Return To Invoice (RTI)

In the event of a Total Loss, Constructive Total Loss (CTL), or theft, Return to Invoice coverage allows the policyholder to receive the full invoice amount of their vehicle. This comprises ex-showroom price, road tax, and registration charges, in the situation where your bike gets stolen or damaged beyond repair.

Frequently Asked Questions

  • What is Insured Declared Value?

Insured Declared Value or IDV of a two-wheeler is the maximum sum assured fixed by insured at the beginning of each policy period of the insured vehicle.

  • How long istwo-wheeler insurance covervalid for?

Typically, General insurance cover is valid for a period of one year, unless stated otherwise.

  • What is key loss cover?

In bike insurance, the key protection cover is an add-on that covers the cost of key repair or replacement. At a slightly increased cost, the policyholder can add key replacement coverage to a complete bike insurance policy. This cover compensates for the cost of replacing lost keys, replacing the lock mechanism (if required), and any labor charges incurred in this process.

  • What if my two-wheeler’s key is stolen? Is it possible for me to file a claim?

Yes. If the two-wheeler key is taken, you can file a claim with the insurer if you have the key loss  add-on.

  • If I lose my original bike key, may I use a duplicate key?

A locksmith can make a duplicate key for you, but it isn't safe because the duplicate key won't have any security codes. As a result, getting a replacement key from an authorized service center is the best alternative.

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