Suzuki is one of the most widely known car manufacturing brands in the world. In India, Suzuki is also famed for its two-wheelers. The Suzuki Gixxer is popular among many young Indians thanks to its sporty style upheld by its granular finesse.
Whether it is Gixxer 250, SF or SF 250, you can be sure of your athletic presence on the streets. But before you take your bike out for a spin, you will have to buy an insurance policy. The Motor Vehicles Act, 1988, mandates every vehicle owner to buy at least basic liability motor insurance before taking their vehicles out on the road. In case, you have not brought an insurance policy yet, you can get one from IFFCO Tokio. We have well-designed plans that offer complete coverage and protection.
While getting a Suzuki Gixxer bike insurance policy, you can opt for a third-party Suzuki Gixxer insurance cover or a comprehensive Suzuki Gixxer insurance policy. Comprehensive Suzuki Gixxer bike insurance policy can also be supplemented with our wide range of add-ons.
Accidents can happen anytime. This makes having a bike insurance policy essential. IFFCO Tokioprovides bike insurance policies that protect you and your bike against the uncertainties of the road.
Our third-party Suzuki Gixxer insurance plan will cover the financial and legal liabilities towards the third party in case of an unfortunate accident.
If you buy our comprehensive Suzuki Gixxer insurance policy, you get coverage for third-party liabilities as well as for your own damages. Comprehensive Suzuki Gixxer two-wheeler insurance policy also covers you against natural and manmade calamities too. This means you are covered against damages due to floods, theft, and so on. Now, that coverage really is true peace of mind.
You can buy the Suzuki Gixxer bike insurance in one of two ways. Head over to the IFFCO Tokio office near you and the executives over there will guide you in completing the formalities of buying a Suzuki Gixxer insurance policy. Or, head to the IFFCO Tokio website to buy the Suzuki Gixxer insurance policy online. All you have to do is follow 3 simple steps:
Go to our website and fill in your name and your phone number in the required fields. After doing this, fill in the details about your bike. You will then get a suitable Suzuki Gixxer insurance policy.
Once you fill-up the details required, you will be given different Suzuki Gixxer insurance plan options to choose from. Select the one that suits your need and budget.
Once you’ve chosen a Suzuki Gixxer bike insurance policy, complete the payment of your Suzuki Gixxer insurance policy and get the policy in your inbox.
You get these benefits when you buy the Suzuki bike insurance policy online–
The entire process from start to finish can be completed in minutes
You may purchase your Suzuki Gixxer bike insurance policy at a time and place convenient to you
You instantly get a soft copy of your Suzuki Gixxer bike insurance policy in your inbox.
This would depend on whether you go for a third-party Suzuki Gixxer insurance policy or a comprehensive Suzuki Gixxer two-wheeler insurance policy.
Coverage under a third-party bike insurance policy
Coverage under a comprehensive bike insurance policy
A comprehensive Suzuki Gixxer insurance policy is considered to be the ideal choice for any policyholder. This is because this type of policy covers the third party and also the policyholder. Here’s what the comprehensive Suzuki Gixxer two-wheeler insurance policy covers:
Here are some recommended add-ons that can widen the coverage of your Suzuki Gixxer bike insurance policy.
Zero-depreciation cover pays the entire claim amount without deducting depreciation value at the time of settling the claim.
This add-on keeps your no claim bonus safe even if you made a claim in the previous year.
If your vehicle is deemed a total loss, the add-on cover helps you get the original invoice price of the vehicle, including road tax and registration charges.
These are some of the standard exclusions of a bike insurance policy in India.
Types of bike insurance we provide:
Third-party Suzuki Gixxer two-wheeler insurance policy only covers any damage to a third party, including death, bodily harm, injury, and damage to a property in case of an accident or collision involving your bike.
Comprehensive Suzuki Gixxer two-wheeler insurance policy covers both third-party liabilities as well as own damage to your bike. It also covers both natural and man-made calamities. These comprehensive Suzuki Gixxer two-wheeler insurance plans also allow you to include add-ons for a wider coverage!
You can also include the zero-depreciation cover to your comprehensive Suzuki Gixxer two-wheeler insurance policy. This will ensure that in case of an accident, you get complete reimbursement for part replacements without any deduction for depreciation. Great, isn’t it?
You should be aware of the following bike insurance terms before you buy the Suzuki Gixxer two-wheeler insurance policy.
Premium is the cost of your Suzuki Gixxer insurance policy. It is the amount you have to pay to enjoy bike insurance coverage. It is usually payable annually, except for the case of long-term Suzuki Gixxer two-wheeler insurance plans, where it is usually paid once every 3 years.
The financial protection provided by your Suzuki Gixxer two-wheeler insurance policy is known as coverage. The coverage of a Suzuki Gixxer insurance policy will vary based on the insurance provider and the type of Suzuki Gixxer two-wheeler insurance plan you purchase.
Add-ons are extra amounts of financial protection that you can purchase to widen the coverage of your Suzuki Gixxer two-wheeler insurance policy.
IDV stands for Insured Declared Value. It is the listing price of your bike minus depreciation. In case of a total loss or theft of your bike, IDV is the maximum compensation your insurance provider will offer.
NCB is a discount you get when you renew your plan after a claim-free year. This discount will keep increasing for every claim-free year. You can avail a maximum discount of 50% year after year for not making any claims against your Suzuki Gixxer insurance plan.
It’s simple! Just use our bike insurance premium calculator. This online tool allows you to check the premium of your Suzuki Gixxer two-wheeler insurance policy using some very basic information. To calculate the premium, you must provide the following details:
Our bike and scooter insurance plans are like an extension of your protective gear. They keep you safe, wherever the road might take you! From the headlight to the tail-lamp, we’ve got you covered!
We use innovation and technology to provide you with quicker and more convenient insurance solutions. For example, your policy can be issued instantly through our distribution channels. You can also use our QCS (Quick Claim Settlement) App to accelerate your claim process and get up to Rs. 20,000 transferred to your bank account within a few minutes - all with just a few clicks on your smartphone.
With close to 20 years of experience in the insurance industry, we have settled more than 8 lakh claims (in FY19) with a settlement ratio of 95.80% (in FY21). This is just one of the reasons why 1,00,000+ individuals entrust us for their bike insurance needs.
We provide cashless services in more than 4300 garages, which are evenly spread across the country.
We offer a QCS facility under which bike insurance claims get settled seamlessly within minutes.
For 20 years, we have been servicing our customers with a wide range of insurance policies.
We’ve settled a total of 8.61 lakh claims in FY2019 and have a claim settlement ratio of 95.80%(FY21).
IFFCO-Tokio won the 2019 IDC Digital Transformer Award for India for AI-based claim assessment of damaged vehicles. We have also won the BFSI Digital Innovation Award by Express Computers, Indian Express Group, as well as the Digital Insurer of the Year 2019 by Insurance Asia News Awards for Excellence.
Our policies can be brought from more than 20,000 agents and branches having a wide presence throughout the country.
Through our QCS app:
If you wish to make a claim for compensation, you can do so using our QCS (Quick Claim Settlement) app. All you have to do is upload related documents, photos, and videos of the damages you want to make a claim for. We will review the documents and other details uploaded by you and approve your claim (we have a claim settlement ratio of 95.80%). After this, the estimated amount for repairs will be sent to your bank account within minutes. Please note, for claims made through an application, the maximum claim amount will be Rs. 20,000.
Online/telephonic claims:
You can register a claim for compensation online or by reaching us on 1800-103-5499.
To make a claim online, you will have to log in with your registered Email ID and Password. When you log in, go to ‘make a claim’ option and follow the steps mentioned. If you register a claim over a call, our customer care executives will guide you with further procedure.
Two-Wheeler Insurance
The quality of service has improved overtime.
Rated by: Sandhya Pillai
Two-Wheeler Insurance
I filed for my bike insurance claim online and this was the fastest renewal I ever experienced.
Rated by: Abhinav Rathore
Two-Wheeler Insurance
Nothing matches the quality of service offered by IFFCO Tokio.
Rated by: Abhay Nair
Two-Wheeler Insurance
It’s been 3 years I have got the two wheeler insurance policy from IFFCO Tokio and it is extremely good.
Rated by: Kantilal Gala
Two-Wheeler Insurance
Reliable coverage, hassle-free claims process
Rated by: Suman Bijlani