COCORide Two-Wheeler Own Damage Policy Add-on Covers - Navi General Insurance

We protect you and your vehicle from accident and associated consequences. Everyone likes to own a vehicle to meet their personal and family commuting needs. Unfortunately, an expected event can bring financial loss. Which is why it's necessary to protect your Vehicle if the unforeseen happens.

We understand that specific solutions are required for your specific needs. Our COCO Ride Two Wheeler Own Damage Insurance policy offers you right and complete protection for your Two Wheeler. On top of this our 6 Add on covers fulfill your residual needs on vehicle repair, Emergency Help.

Zero Dep Cover : It relieves you from bearing the depreciation up to 50% on various parts and paints in the event of any damage to your vehicle due to an accident and helps you to make significant savings in case of an unfortunate damage to your vehicle. You have the option to choose number of claims you wish to avail this benefit.

Consumable Expenses : It provides you coverage for consumables associated with the damage to your vehicle which invariably is part of any claim you report to us thus complete protection for your vehicle. Consumables means Nuts, Bolts and Oils etc.

NCB (No Claim Bonus) Protector : NCB slab in your existing policy is protected if one claim is reported provided claim is not for Total Loss and Theft. Minimum eligible NCB criteria to avail this protection is 25%. In case of Theft if you buy a new vehicle within 90 days of settlement of claim and insure this vehicle with us then NCB mentioned in your expiring policy will be allowed on your new vehicle premium.

New Vehicle for Old Vehicle : In case of Total loss or Theft of vehicle this cover provides you difference between IDV and Invoice value of new vehicle of same make and model enabling you to replace your vehicle easily without any monetary loss to you. Invoice means: Ex showroom + Road Tax + Registration expenses.

Engine Protector : It covers damage to Engine and Transmission parts due to ingress of water and/or leakage of oil due to external impact on the vehicle. This cover safeguards you form heavy expenses related to such incidents during flooding.

Roadside Assistance : You need not worry about breakdown of your vehicle while driving. Our Roadside Assistance Programme take care of such worries. You will get assistance in situations like puncture, towing to nearest workshop in case of breakdown, on site minor repairs, Fuel delivery, Journey continuation and medical co-ordination etc.

Important Exclusions:
Apart from General Exclusions following are the exclusions applicable to respective add on covers:

Zero Dep cover
a) Deductible as mentioned in the policy schedule.

Consumables Expenses:
a) Any consumable not associated with admissible Own Damage claim under section I (Own Damage) of the policy.

b) Any consumables that are related to wear and tear and not directly related to claim is excluded.

Engine Protector
a) Any consequential loss, wear and tear, mechanical & electrical failure and parts falling under warranty.

b) Loss or damage due to corrosion of engine or parts thereof due to delay in intimation.

c) Depreciation on parts unless zero dep cover is opted.

Roadside Assistance
a) Act of God (including exceptional adverse weather conditions), earthquake, fire

b) Loss of or damage to luggage or other personal effects that might occur during the services performance.

c) Vehicles used for the purpose of racing, rallying, motor-sports.

d) Routine repairs/services at user's home or other location.

e) Consequential damages arising out of repair on the spot/ towing or any other road side assistance services.

f) Any event not stated in coverage's.

Premium:
Premium will be charged as per rate applicable on the date of insuring the vehicle.