The main objective of add-on covers is to broaden the scope of your insurance coverage so that you can better protect your two-wheeler. You can include add-ons in your regular insurance coverage for an additional fee.

TATA AIG offers a variety of add-on covers that you can add to your policy during the purchase or renewal of the policy. Buy these addon covers along with your TATA AIG insurance policy and get enhanced insurance coverage for your bike.

  • Return to Invoice

In the event of a total lossor theft of your vehicle, this add-on cover compensates the invoice value of your bike at the time of registration, original customs duty (if any), or the customs duty applicable for the new bike, whichever is less, as well as registration charges and road tax. If you have a new bike or a premium bike, it is highly recommended that you buy this addon cover.

  • Consumables Cover

Small consumable expenses such as screws, nuts and bolts, oils, and other such items are not covered by a regularbike insurance policy, so, the policyholder will have to bear the cost of repair or replacement if the need arises. However, with this add-on, your insurance will pay for the cost of such consumables.

  • Zero Depreciation

This addon is also called Nil Depreciation Cover. It is the most widely recommended addon cover especially for new and high-end bikes.It allows the policyholder to claim the full cost of replacing bike parts that have been damaged in accidents without having to pay out of pocket. A Zero Depreciation add-on is usually good for five years from the date of purchase of the vehicle.

Frequently Asked Questions

  • Why does the cost of my zero-depreciation insurance go up every year?

As your vehicle grows older, the insurer needs to bear greater liability every year due to yearly depreciation. Hence, the premium for your zero depreciation insurance rises.

  • What is vehicle insurance add-on coverage?

An add-on, also known as a rider, is a premium-based addition to a basic insurance policy that increases the policy's coverage.

  • Which insurance is compulsory for a two-wheeler?

Under the Motor Vehicles Act of 1988, all vehicles must have valid third-party bike insurance.

  • Is it possible to purchase additional coverage with a third-party bike insurance policy?

No. Add-on coverage can be purchased with either a standalone own damage policy or comprehensive insurance policy, but not with a third-party bike insurance policy

  • When can I buy the TATA AIG bike insurance add-on coverage and include them in my plan?

You can purchase TATA AIG bike insurance add-ons when purchasing the insurance cover or when renewing your bike’s insurance policy.



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