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The Ola Roadster is a premium electric bike that excels in performance, has smart technology, and provides a long riding range. An Ola Roadster electric bike insurance policy protects your bike against accidents, theft, natural disasters, and third-party liabilities. You can choose from third-party, standalone own-damage, or comprehensive cover, with premiums varying based on the variant, IDV, and selected add-ons to insure the Roadster.
The Ola Roadster is Ola Electric's flagship motorcycle range, built for riders who want higher performance, longer riding range and advanced connected features. The lineup is available in three battery options, while the broader Roadster family also includes the Ola Roadster X and the performance-oriented Ola Roadster Pro, catering to different riding preferences and budgets. Officially, the Roadster comes with a mid-drive motor, 7-inch TFT touchscreen, MoveOS, multiple ride modes, cruise control, reverse mode, dual disc brakes and a mono-shock rear suspension.
| Roadster Variant | Battery Capacity | Claimed IDC Range | Ex-showroom Price* |
|---|---|---|---|
| Roadster 3.5 kWh | 3.5 kWh | Up to 151 km | ₹1,04,999 |
| Roadster 4.5 kWh | 4.5 kWh | Up to 190 km | ₹1,19,999 |
| Roadster 6 kWh | 6 kWh | Up to 248 km | ₹1,39,999 |
| Model | Battery Options |
|---|---|
| Ola Roadster X | 2.5 kWh, 3.5 kWh, 4.5 kWh |
| Ola Roadster Pro | 8 kWh, 16 kWh |
Note: The prices above are ex-showroom and may change based on Ola Electric's latest pricing.
The Ola Roadster insurance price depends on more than just the motorcycle's ex-showroom price. Insurers calculate the premium based on the selected variant, its Insured Declared Value (IDV), registration location, policy type, applicable discounts such as the No Claim Bonus (NCB), and any add-ons you choose. Since the Roadster is available in multiple battery variants, the premium differs for each model. Third-party premiums are regulated, while comprehensive policy premiums vary from one insurer to another.
| Ola Variant | IDV (1st Year) | Zero Depreciation | Net Premium (5 Years) |
|---|---|---|---|
| Roadster X 3.5 kWh | ₹76,712 | ₹138 | ₹4,857 |
| Roadster 4.5 kWh | ₹1,08,299 | ₹194 | ₹5,125 |
| Roadster Pro 16 kWh | ₹2,25,624 | ₹405 | ₹6,117 |
Note: The table above is indicative. The final Ola Roadster insurance price depends on the declared IDV, chosen coverage, policy tenure, registration city, applicable taxes, and selected add-ons. Choosing a lower IDV may reduce the premium, while a higher IDV increases the insured value and premium accordingly.
The right electric bike insurance policy protects your Ola Roadster from financial setbacks that can arise on and off the road.
A valid third-party bike insurance policy is mandatory under the Motor Vehicles Act, allowing you to ride legally on Indian roads.
The Ola Roadster uses premium electrical and mechanical components that can be costly to repair or replace after a collision.
If your motorcycle is stolen or declared a total loss after theft, a comprehensive policy compensates you based on the applicable policy terms and IDV.
Heavy rain, floods, cyclones, earthquakes, landslides and storms can damage your bike even when it is parked.
If your Ola Roadster causes injury to another person or damages someone else's property, the insurer covers the legal liability as per the policy.
High-value parts such as the battery pack, motor, controller and charging system can be expensive to replace, making comprehensive insurance a sensible choice.
Instead of bearing the entire repair bill yourself, insurance helps cover eligible repair costs, allowing you to get back on the road with less financial strain.
Choose the bike insurance policy that matches how you use your Ola Roadster and the level of financial protection you want.
| Insurance Type | Coverage |
|---|---|
| Third-Party Electric Bike Insurance | This policy covers your legal liability if your Ola Roadster causes injury to another person or damages someone else's property. It does not cover damage to your own motorcycle. This is a mandatory cover for every Ola Roadster. |
| Standalone Own-Damage Electric Bike Insurance | A standalone own-damage policy covers your Ola Roadster against accidents, theft, fire, natural calamities and other insured events, but it must be purchased along with an active third-party policy. If you already have TP cover, you can opt for this policy to further extend your protection. |
| Comprehensive Electric Bike Insurance | A comprehensive policy combines third-party liability cover with protection for your Ola Roadster against accidental damage, theft, fire, natural disasters and other covered risks. You can also enhance it with add-ons for wider protection. This is the most suitable option for a new or premium electric motorcycle like the Ola Roadster, as it offers the widest level of coverage and helps reduce high repair or replacement costs. |
Add-ons enhance your Ola Roadster Insurance by covering expenses that are not included in a standard bike insurance policy.
The Ola Roadster uses premium body panels and high-value components. This add-on ensures depreciation is not deducted on eligible replaced parts during a claim, reducing your share of repair costs.
If your motorcycle breaks down or cannot be ridden after an accident, this add-on provides services such as towing, on-site assistance, flat tyre support and emergency help, keeping you from being stranded.
Repairs often involve replacing consumables such as nuts, bolts, screws, washers, lubricants and grease, which are generally excluded from standard policies. This add-on covers those additional expenses.
If your Ola Roadster is stolen or suffers a total loss, this add-on pays the difference between the claim amount and the original invoice value of the motorcycle, subject to policy terms and conditions.
Electric motorcycles rely on expensive electrical systems and components. This add-on provides coverage for damage to insured electrical parts caused by water ingress or leakage, wherever offered by the insurer.
This cover provides financial compensation to the owner-rider in case of accidental death or permanent disability resulting from a road accident. It is mandatory for owner-riders unless they already have an applicable Personal Accident policy.
Note: The availability of add-ons varies across insurers. Always check the policy wording before purchasing your Ola Roadster Insurance.
Buying or renewing Ola Roadster Insurance on Coverfox takes just a few minutes and lets you compare plans from multiple insurers before making a decision.
Filing an Ola Roadster insurance claim is simple if you report the incident on time and keep the required documents ready.
Inform your insurer immediately after an accident, theft or any insured event and register your claim.
Provide the required details, including your policy number, bike registration number, location of the incident and photographs, if requested.
Allow the insurer to inspect the bike before repairs begin. A surveyor will assess the damage and estimate the claim amount.
Choose your preferred claim option. You can visit a network garage for a cashless claim or a non-network garage and apply for reimbursement after the repairs.
Submit the necessary documents, including the claim form, Registration Certificate (RC), driving licence, insurance policy, repair estimate and FIR, wherever applicable.
Receive the claim settlement. Once the documents and inspection report are verified, the insurer settles the claim according to the policy terms. For cashless claims, the payment is made directly to the garage. For reimbursement claims, the approved amount is credited to your account after verification.
If you need assistance with your Ola Roadster Claims, you can also contact us at help@coverfox.com.
Yes. Third-party bike insurance is mandatory under the Motor Vehicles Act, 1988, for riding your Ola Roadster on public roads. It covers legal liability arising from injury, death or property damage caused to a third party.
A standard comprehensive policy covers battery damage if it results from an insured event such as an accident, fire or natural calamity. Damage caused by normal wear and tear, gradual deterioration or manufacturer defects is generally not covered. Always check your policy wording for specific inclusions and exclusions.
A comprehensive bike insurance policy is generally the best option for the Ola Roadster. It covers both third-party liabilities and damage to your own motorcycle, while also allowing you to add optional covers such as Zero Depreciation and Roadside Assistance.
Yes. The No Claim Bonus belongs to the policyholder, not the motorcycle. If you are eligible, you can transfer your accumulated NCB to your Ola Roadster insurance policy when purchasing a new bike or changing insurers.
The IDV is calculated based on the Ola Roadster's ex-showroom price after applying depreciation as per the age of the motorcycle. It represents the maximum amount payable by the insurer in case of theft or total loss.
Yes. A comprehensive Ola Roadster insurance policy covers losses caused by natural calamities such as floods, cyclones, earthquakes and landslides, along with theft of the insured motorcycle, subject to the policy's terms and conditions.
