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icon Two Wheeler Insurance icon Tvs icon Iqube Electric Scooter

TVS iQube Electric Scooter Insurance

The latest addition to TVS’ wide range of motorcycles is the electric scooter, iQube Electric. With this offering, TVS has redefined style, comfort and experience, making this one a top pick for an everyday city ride. The scooter delivers a convenient and eco-friendly experience while also being prone to accidents. Thus, it is significant to purchase bike insurance for TVS iQube Electric Scooter.

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Reliance General Insurer
Amount Covered: ₹ 1 Lakh
Deal Price: ₹ 2,094 / Year
Waiting period: 4 yrs

Disclaimer: The above mentioned prices are for a 2 year old Hero Honda Karizma R 223 CC, registered in Navi Mumbai & previous policy has expired.

  • How to Buy Renew
  • Types of Plans
  • Add Ons
  • What is Covered
  • What is Not Covered
  • How to Claim
  • Top Insurer
  • Specifications
  • On Road Price
  • Top Models
  • Top Make
  • Frequently Asked Questions

How to buy/renew TVS iQube Electric Scooter

When you ride the TVS iQube electric scooter, it is imperative that you renew insurance on time to stay covered at all times. Moreover, even when you buy a new scooter, ensure you don’t miss out on purchasing insurance cover.

With digital advancement, you can easily renew or buy insurance from coverfox.com

  • Visit official website of coverfox.com
  • Click on bike
  • Enter your bike number and policy expiry date
  • If you are not sure of bike number, enter the bike name, bike registration RTO and previous policy expiry date
  • In case if you have bought a new bike, click on bought a new bike and enter bike model and variant
  • Click on view quotes
  • Check on premium, coverage and other details
  • Enter bike owner details like name, email address, nominee name, date of birth, etc
  • Enter communication address and vehicle details
  • Make the payment and get policy instantly

Types of insurance you can purchase for TVS iQube Electric Scooter

Third party insurance

  • Get cover against damages caused to third party or property
  • This type of vehicle insurance is mandatory as per the law
  • Premium for this type of insurance is same for all the companies as it is determined by the IRDA

Comprehensive insurance

  • Insurance cover that provides protection against damages caused to your own vehicle as well third party person or property
  • Premium for this type of vehicle is decided based on the add-ons, IDV and the deductible you choose.

Add-ons

  • Zero depreciation cover: No depreciation is deducted at the time of claim
  • No claim bonus: NCB benefit is retained even in case you make a claim
  • Engine protection: Cost incurred towards replacement or repair of engine are covered
  • Passenger: In case of death or disability, coverage is provided for co-passengers
  • Return to invoice cover: Full amount mentioned in vehicle’s invoice is given in case of theft or complete damage
  • Roadside assistance cover: In case of vehicle breakdown or emergency, assistance is provided. Also includes taxi support, fuel support, etc.
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What is covered under TVS iQube Electric Scooter Insurance?

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Fire & explosion
Covers damages caused to the bike in case of fire and explosion
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Theft
Covers total cost of your vehicle in case of theft
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Accidents
Damages caused due to accident are covered
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Natural and man-made calamities
Natural disasters like flood, storms or man-made calamities like vandalism, terrorist attack, etc are covered
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Personal Accident
Provides coverage in case of death or disability caused due to an accident

What is not covered under TVS iQube Electric Scooter Insurance?

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Wear & tear
Normal wear & tear of the scooter is not covered
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Electrical or mechanical breakdown
Electrical or mechanical breakdown of the scooter is not covered
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Usage outside geographical limit
Riding the scooter and causing damages outside geographic limit is not covered
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Riding in intoxicated state
Riding under the influence of drugs or alcohol is not covered
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Policy inactivation
Claiming for damages during the time when policy is inactive
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Illegal activity
Using the scooter for any illegal activity and claiming for damages
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No driving license
Riding without a valid driving license and not abiding by the traffic rules is illegal

How to claim for TVS iQube Electric Scooter?

Registering claim for TVS iQube Electric scooter is simple. We at Coverfox.com also offer you express claims assistance that ensures you a hassle-free claims process.

Third party two wheeler insurance claim for TVS iQube Electric Scooter

Step 1: In case if the vehicle owner causes third party damage then the police as well as the insurer should be informed. In case if the vehicle owner is the victim, insurance details of the third party which has caused damage to the vehicle has to be taken down and information about the damages has to be passed on to their insurer.

Step 2: the insurance company then transfers the matter to the motor insurance tribunal who decides the compensation amount.

Own-damage two wheeler insurance claim for TVS iQube Electric Scooter

Step 1: In case of damages caused to the two-wheeler, the vehicle owner has to inform the insurance company and the nearest police station.

Step 2: A surveyor is appointed by the insurance company to examine the extent of damage. The surveyor prepares a report and sends the same to the garage.

Step 3: The insurer then pays for the damages subtracting the deductible amount.

Two-wheeler insurance claim in case of theft of TVS iQube Electric Scooter

Step 1: In case if the bike owner’s bike is stolen then the police and insurer both need to be informed immediately.

Step 2: Required documents like PUC certificate, license, and registration certificate have to be submitted. The insurer may also ask for original keys of the bike.

Step 3: Non-traceable certificate is issued by the police if the bike is not traceable. The claim is then settled as per the policy terms and conditions.

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Specifications of TVS iQube Electric Scooter

SPECIFICATIONS DETAILS
Mileage 83KM
Motor Power 4.4 kW
Max Torque 140 Nm
Kerb Weight 118kg
Front Brake and Rear Brake Disc & Drum
Charging time 6 hours
Battery type Li-ion
Wheels type Alloy
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TVS iQube Electric Scooter On-Road Price

City Price
Mumbai Rs. 1.10 lakh
Delhi Rs. 1 lakh
Bangalore Rs. 1.10 lakh
Kolkata Rs. 1 lakh
Pune Rs. 1.10 lakh
Chennai Rs. 1.10 lakh
Ahmedabad Rs. 1.10 lakh

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Frequently Asked Questions

  • Q. What is TVS iQube Electric Insurance Price?

    • You can check insurance price for TVS iQube electric scooter online on Coverfox.com

  • Q. What factors determine the insurance price of TVS iQube Electric Scooter?

    • Few of the factors that insurance companies take into consideration when deciding on the premium are: voluntary deductible, engine capacity, IDV, add-ons, geographical conditions and anti theft device.

  • Q. What are the tips to save on insurance premium for TVS iQube Electric Scooter?

    • You can save on insurance premium for TVS electric scooter by opting to install anti theft devices in the scooter or by choosing to opt for voluntary deductible.

  • Q. Is it important to insure TVS iQube vehicle with comprehensive insurance?

    • No, it is not important to purchase comprehensive insurance for TVS iQube scooter but it is mandatory to insure the vehicle with third party insurance as per the Indian law.

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