Keeway Bike Insurance

There are 3 types of bike insurance policy available for Keeway.

1. Third-Party Insurance Policy

This type of insurance is mandatory as per the Motor Vehicle Act. Damage done to a third party in an accident by you/your Keeway bike is covered under third party insurance. It is important to note that it only covers third parties and not your own bike.

2. Comprehensive Insurance Policy

A comprehensive Insurance Policy covers third-party damage as well as damage done to your Keeway bike. This is the best and most recommended type of insurance suitable for your Keeway. It will safeguard you from any financial hassle as per the policy in case of an accident. You can customize this policy by using add-ons and make it perfect for your Keeway bike.

3. Own Damage Insurance Policy

This policy can be taken if you already own a third-party insurance policy. If you wish to own a third-party insurance from another insurer, but also want to cover damage to your Keeway but from another insurer, you can opt for this policy.

Following things are covered under comprehensive insurance policy for Keeway:

• Loss or damage caused by natural disasters

• Total loss caused by fire, explosions or an act of terror

• Total loss caused by theft

• Own-damage cover

• Personal accident cover

Following things are covered under comprehensive insurance policy for Keeway:

• Normal wear and tear of the vehicle

• Electrical or Mechanical Breakdown of the vehicle

• Damage to tyres (Except if the vehicle is also damaged)

• Driver without a Driving License

• Driving under the influence (DUI)

• When the vehicle is used for illegal purposes

• Vehicle is used for Hire or Reward, Carriage of Goods, Organised Racing, Pace Making, Speed Testing, Reliability Trials

• Using the vehicle outside the geographical limits

• Nuclear Wars and Perils

Add-ons make your comprehensive insurance policy more personalized and you can choose which add-on will suit your needs for your Keeway bike. We offer the following Add-ons:

• Zero Depreciation Cover

• 24x7 Roadside Assistance

• Engine Protection Cover

• Personal Accident Cover

• Invoice Cover

• Consumables Cover

Insurance premiums are affected by a number of factors like the bike's model, location, price of bike, add-ons, etc. It is important to understand these factors in order to properly calculate the premium for your Keeway Bike. Following factors influence the premiums of Keeway bikes:

• Bike Details: Specifications and Price of the bike determine the rate of premium

• Location: The location at which the bike is registered influence the premium amount

• Policy Coverage: The extent of coverage desired,and the type of insurance selected affects premium rates

• No Claim Bonus (NCB): The premium is reduced if the policyholder hasn't made any claims during the previous policy term. This bonus is accumulated and called NCB

• Rider/Add-Ons: Additional coverage such as zero depreciation, roadside assistance, personal accident cover, etc., affects the premium

• Policy Term: The duration of the insurance policy also impacts the premium. Longer-term policies may offer discounts compared to yearly renewals

• Discounts: Some insurers offer discounts for safety features installed on the bike or for memberships with certain organizations

The process of buying/renewing your Keeway bike insurance is simple and easy, and can be done under 3 minutes through Coverfox:

• Head over to the Coverfox website

• Enter your Keeway Bike’s registration number in the field given

• Click on the button “Bought a new bike?” in order to purchase a new insurance policy

• Fill in the RTO registry details

• Click on “Get Quotes”

• You will be redirected to a page where you will be presented with different quotes from reputable insurance companies

• Select the policy that best fits your Keeway bike

• Pay online through the secured payment gateway

• Your policy will be e-mailed to you on your registered address

The renewal process for your Keeway Bike is pretty simple as well. Follow these steps:

• Head over to the Coverfox website

• Enter your Keeway Bike’s registration number in the field given

• Enter your previous insurance expiry details

• Click on “Get Quotes”

• You will be redirected to a page where you will be presented with different quotes from reputable insurance companies

• Select the policy that best fits your Keeway bike

• Pay online through the secured payment gateway

• Your policy will be renewed and delivered to you by email to your registered address

If you had previously taken insurance from Coverfox, you can:

• Head over to the Coverfox website

• Click on “Renew Here”

• Login through the mobile number used for buying the previous insurance or use the previous insurance policy number

• Select the new plan or re-new existing plan

• Pay online through the secured payment gateway

• Your renewed policy will be emailed to you on your registered address

The following steps are required to file for the bike insurance claim:

• Inform the Insurance Provider: In case of a mishap make sure to take all the safety measures and then call the insurance provider of your bike as soon as possible.

• Lodge an FIR: In case your bike is stolen or there is any sort of accident involving others it is crucial to file an FIR at the nearest police station. You will require a copy of the same when filing for an insurance claim.

• Collect Proof: When you make a claim you need to provide proof of the incident being a genuine mishap. Hence collect as much evidence as you can, take pictures or videos and note down the contact of any bystander who saw the incident as well.

• Submit Documents: The documents required for the claim process may vary slightly according to your situation and/or insurance provider. The most common documents required are listed above and need to be submitted to the insurance provider to process the claim settlement. Copy of policy document, Copy of FIR, Copy of registration certificate (RC), Original bills of the bike’s repair, and Evidence of the mishap

• Authority Check​: After the documents are submitted, the insurance company will schedule a visit with the surveyor. He/She will check the damages to the bike to ensure the damage. The surveyor may ask you questions to make sure to answer them honestly, any discrepancies can lead to your claim request being cancelled.

• Repairs: After the surveyor approves the claim you can send your bike for repairs. It is best to do this in one of the insurance provider’s network garages. This way the cost of the repair will be compensated directly with the garage with no out-of-pocket costs for you.

Keeway is set to release 3 premium bikes in the year 2025. With an expected price of ₹8 Lakhs, these 3 bikes are destined to shake the two-wheeler market in India. The names of these 3 new super bikes are Keeway Benda LFS 700, Keeway Benda LFC 700 and Keeway Benda Darkflag.

*Prices may vary across cities due to factors like taxes, dealer charges, and location-based fees.

Having a third-party insurance policy for Keeway motorcycles is mandatory in India. However, a comprehensive/hybrid insurance policy is recommended for your Keeway two-wheeler in order to protect you from financial hassle during a mishap. Coverfox provides excellent support during your time of need. You can buy two-wheeler insurance from Coverfox in 3 minutes. Go ahead and insure your prized possession with the best!