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Royal Enfield Bullet 350 Insurance

Buy Reliance Royal Enfield Bullet 350 Insurance starting at just ₹19/month*

Bike insurance policy online

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Plan Details

Introduction to Royal Enfield Bullet 350

The Royal Enfield Bullet 350 stands as an iconic motorcycle in India, known for its timeless design and powerful performance. With its distinguished thump and Classic styling, the Bullet 350 represents both heritage and reliability on Indian roads.

As a proud Bullet owner, protecting your prized possession with comprehensive insurance is essential. The Royal Enfield 350 insurance ensures your riding experience remains worry-free, whether you're cruising through city streets or embarking on long-distance adventures.

Why Us?

100%
Claims Settlement*

11,000+
Network Garages*

5 Crore+
Happy Customers*

₹19/month
Starting Premiums*

Why Do You Need Royal Enfield Bullet 350 Insurance?

Compliance with Laws

Under the Motor Vehicles Act, having at least third-party insurance for your Royal Enfield Bullet 350 is mandatory in India. The Bullet 350 or Royal Enfield insurance price is a small investment compared to the legal penalties you might face without proper coverage.

Financial Protection

Your Royal Enfield Bullet 350 insurance protects you against unexpected repair costs due to accidents, theft, or natural disasters. With rising prices, having comprehensive coverage safeguards your financial interests against substantial repair or replacement expenses.

Peace of Mind

Knowing that your Royal Enfield 350 bike insurance renewal has you covered allows you to focus on enjoying your rides without worrying about potential risks or damages.

Types of Royal Enfield Bullet 350 Insurance Plans

Comprehensive Bike Insurance

Covers own damage, third-party liabilities, personal accident and natural disasters for full financial protection. Add-ons enhance coverage for maximum security.

Buy Comprehensive Bike Insurance

Standalone Own Damage Bike Insurance

Protects against accidents, theft, fire and natural disasters. Ideal for riders with an existing third-party policy to cover repair and replacement costs.

Buy Own Damage Bike Insurance

Long-Term Two-Wheeler Insurance

Covers own damage and third-party liabilities for up to three years. It eliminates annual renewals and offers lower long-term bike insurance premiums.

Buy Long-Term Two-Wheeler Insurance

Third-party Bike Insurance

Legally required policy covering third-party property damage, injuries and legal liabilities. A cost-effective plan ensuring compliance with the Motor Vehicles Act.

Buy Third-party Bike Insurance

Features and Benefits of Reliance Bike Insurance for Royal Enfield Bullet 350

Hassle-Free Buying and Claiming Insurance

Purchasing Royal Enfield 350 insurance is quick and easy with our digital-first approach. Complete the process online in minutes, while our efficient claim settlement system ensures minimum documentation, quick approvals and reimbursement for peace of mind.

Third-Party Liabilities

Covers injuries, accidental deaths, and property damage caused to third parties, ensuring compliance with the Motor Vehicles Act. This coverage safeguards you from legal and financial liabilities, making it an essential component of your insurance policy.

Coverage Against Damages to Bike

Protect your Royal Enfield Bullet 350 against theft, fire damage, man-made disasters, floods, earthquakes and other natural disasters with comprehensive insurance coverage for complete financial security and worry-free ownership.

Personal Accident Cover

Enjoy personal accident coverage up to ₹15 lakhs with our bike insurance. Get coverage for the rider and pillion in case of an accident. It offers financial security for medical expenses, disability or accidental death and offers essential protection for every Royal Enfield owner.

24/7 Customer Support

Our round-the-clock customer support ensures that you get immediate assistance for policy queries, claim processing or roadside emergencies. Whether you need guidance on your Royal Enfield 350 insurance premium or urgent help, our expert team is always available.

No-Claim Bonus

You can earn up to 50% discount on your Royal Enfield 350 bike insurance renewal premium through accumulated NCB. This bonus is transferable even if you switch to a new Royal Enfield motorcycle, ensuring you don't lose your earned benefits.

High Claim Settlement Ratio

Reliance General Insurance has a 100% claim settlement ratio that ensures quick processing within 72 hours for valid claims. With our efficient claim handling process and 24-hour support, Royal Enfield owners can rely on timely payouts and minimal claim rejection rates.

Wide Range of Add-Ons

Enhance your Royal Enfield 350 insurance with customisable add-ons like zero depreciation, return-to-invoice and consumables cover and ensure that your bike has comprehensive financial protection against various risks.

Cashless Repairs at Network Garages

Get your bike repaired seamlessly at 11,000+ network garages across India with cashless claims settlement. With quick turnaround times and high-quality servicing, you can resume your journeys without financial strain or unnecessary delays.

Royal Enfield 350 Bike Insurance Add-On Covers

Add-On Description
Nil Depreciation CoverEnsures full payment for parts replacement without depreciation deduction. Ideal for expensive parts.
Consumables CoverCovers consumable items used in repairs after accidents, such as engine oil, brake fluid, nuts, bolts and lubricants.
Personal Accident Cover for the Owner-DriverOffers higher compensation for accidents and disabilities above standard personal accident protection.
Emergency Medical ExpensesCovers immediate hospitalisation costs, including ambulance services, for the rider and pillion after accidents.
Return-to-Invoice CoverReimburses the full invoice value of your Royal Enfield, including registration and taxes, in case of total loss or theft.
EMI ProtectionCovers bike loan EMIs for up to 3 months if repairs take longer than 30 days.

Royal Enfield Bullet 350 Insurance Inclusions and Exclusions

Inclusions Exclusions
Protection against natural disasters (floods, earthquakes, storms)Riding without a valid driving license
Coverage for fire and explosion damageRegular wear and tear of bike parts
Theft protection of your Royal EnfieldMechanical or electrical breakdowns
Damages from riots, strikes, vandalismDamages under the influence of alcohol/drugs
Third-party injury compensationDamages during illegal racing or speed testing
Third-party property damage coverageClaims filed after policy expiration
Personal accident cover up to ₹15 lakhsRegular maintenance and servicing costs
Permanent disability coverageDeliberate damage or negligence
Hospital expenses during accidentsDamages from traffic rule violations
Legal liability coverage as per the Motor Vehicles ActContractual liability damages
Coverage during transit by road/rail/inland waterwayWar or nuclear damage-related losses
Protection against man-made calamitiesConsequential damages
Coverage for damages during natural calamitiesDamages to illegal modifications

Factors Affecting Royal Enfield 350 Bike Insurance Premium

Bike Specifications

The engine size (350cc), model year, and variant of your Royal Enfield Bullet directly affect your insurance costs. Newer bikes usually have higher premiums due to their higher value, but better safety features might help reduce rates.

Coverage Requirements

Your choice between basic Third-party Insurance or Comprehensive Coverage impacts the premium. Third-party is cheaper but only covers others' damages. Comprehensive covers your bike too, including theft and natural disasters.

Vehicle's Insured Declared Value (IDV)

IDV is your bike's current market value minus depreciation. A higher IDV means higher premiums but better coverage. The IDV decreases yearly as your Bullet 350 ages.

Geographical Location

Where you live matters - urban areas have higher premiums due to more traffic and theft risks. Some cities have lower rates based on accident statistics and repair costs.

How to Buy Royal Enfield Bullet 350 Insurance - Online & Offline?

Steps to Buy Royal Enfield 350 Bike Insurance Online

Step 1: Visit Reliance General Insurance and navigate to the "Two-Wheeler Insurance" section to begin the process.

Step 2: Enter your Royal Enfield's registration number and contact details to receive personalised quotes and plan options.

Step 3: Compare the available quotes online and select a coverage plan that suits your needs, ensuring you choose the right level of protection for your bike.

Step 4: Add useful add-ons like zero depreciation cover or consumables cover to enhance your policy and ensure comprehensive protection.

Step 5: Make a secure online payment, and you will instantly receive the policy document via email for immediate access.

Steps to Buy Royal Enfield Bullet 350 Insurance Offline

Step 1: Visit the nearest Reliance General Insurance branch using the Branch Locator tool to find the closest location for in-person assistance.

Step 2: Meet with an insurance expert at the branch to discuss available plans and their features, benefits, and exclusions.

Step 3: Fill out the required forms and provide the necessary documents, including your bike's registration details and ID proof.

Step 4: Complete the verification process and finalise your policy by choosing the appropriate add-ons and coverage options.

Step 5: Make the payment at the branch, and receive a physical copy of your policy document immediately after processing.

Steps for Royal Enfield 350 Bike Insurance Renewal Online

  1. Go to Reliance General Insurance and click "Renew Two-Wheeler Insurance."
  2. Enter your Royal Enfield 350 policy number or bike registration number
  3. Review and update your bike details and check Royal Enfield 350 insurance renewal quotes
  4. Select a coverage plan and apply No Claim Bonus if eligible

Pay premium securely online and get instant renewal policy via email

How to Buy Second-Hand Royal Enfield 350 Bike Insurance

  1. Bike Inspection - Get your Royal Enfield 350 inspected at our branch for accurate premium calculation.
  2. Submit Documents - Provide the updated RC book, ownership transfer papers, ID proof and previous insurance.
  3. Select & Pay - Choose your coverage, make a secure payment and receive your policy instantly via email.

Royal Enfield Bullet 350 Insurance Price: Third-Party Insurance Premium

Description of Vehicle Class Premium
Not exceeding 75 cc538
Exceeding 75 cc but not exceeding 150 cc714
Exceeding 150 cc but not exceeding 350 cc1,366
Exceeding 350 cc2,804

How to Calculate Royal Enfield 350 Insurance Premium?

Looking to insure your Royal Enfield Bullet 350? Reliance General Insurance makes premium calculation simple and quick.

  • Just visit our website and look for a premium calculator. Fill in your bike's details like registration number and year of manufacture, and share your contact information.
  • Our Royal Enfield 350 insurance premium calculator helps you compare different coverage options to pick the best protection.

Royal Enfield 350 Bike Insurance Claim Process

Steps for Royal Enfield Bullet 350 Insurance Claim: Cashless Repairs

  1. Contact Reliance General Insurance within 24 hours through our helpline 1800-3009 or the Self-i App after any accident or damage
  2. Take your Royal Enfield to any authorised Reliance network garage nearby or request free towing assistance
  3. Fill out the claim form and submit basic documents like RC, license, and policy copy
  4. Our surveyor will inspect your bike to assess the damage and verify the claim
  5. Once approved, get your bike repaired without paying (except deductibles), as we settle directly with the garage

Steps to Claim Royal Enfield 350 Insurance Policy: Reimbursement Claims

  1. Report the claim within 24 hours of the incident through phone or app
  2. Take clear photos/videos of damage and file FIR if needed
  3. Get repairs done at any garage of your choice
  4. Submit claim form with repair bills and required documents
  5. Receive reimbursement in your bank account after claim approval

Royal Enfield 350 Bike Insurance Documents

  • Insurance policy document showing policy number and coverage
  • Registration Certificate (RC) of your Royal Enfield Bullet 350
  • Valid driving license of the rider
  • Original repair bills and payment receipts
  • FIR copy (for theft or third-party accident cases)
  • Claims form filled out completely
  • Photos of bike damage
  • Purchase invoice of the bike
  • Bank details for reimbursement
  • No Objection Certificate from financer (if bike is on loan)

Royal Enfield Bullet 350 - Overview and USPs

History and Heritage

The Royal Enfield Bullet 350 stands as India's longest-running motorcycle in continuous production. Since 1932, this iconic bike has maintained its Classic design while evolving with modern technology. The thumping engine sound and military heritage make it a distinctive choice for riders.

Design and Features

The Bullet 350 showcases timeless styling with its teardrop-shaped fuel tank, Classic round headlamp, and signature tiger-eye pilot lamps. The bike features a comfortable single-piece seat, Classic analog instrument cluster, and retro-style mudguards that enhance its vintage appeal.

Engine Performance

Powered by a 349cc air-cooled single-cylinder engine, the Bullet 350 delivers 20.2 bhp power and 27 Nm torque. The engine is paired with a 5-speed gearbox, offering smooth gear shifts and reliable performance for both city riding and highway cruising.

Insurance Coverage

Royal Enfield 350 insurance typically includes comprehensive coverage protecting against accidents, theft, and natural disasters. Third-party liability insurance is mandatory by law. Insurers offer add-on covers like zero depreciation, personal accident cover, and roadside assistance.

Value Proposition

The bike combines affordability with low maintenance costs. Insurance premiums are reasonable compared to other bikes in its segment. Multiple insurance providers offer specialised two-wheeler policies specifically designed for Royal Enfield bikes, with network garages ensuring hassle-free claim settlement.

Royal Enfield Bullet 350 - Models and Prices

Model Name Ex-Showroom Price
Royal Enfield Bullet 350
349 cc | Petrol
1,73,562

Royal Enfield Models for Which Reliance General Insurance Offers Coverage (Model Names)

Royal Enfield HimalayanRoyal Enfield Continental GT 650
Royal Enfield Super Meteor 650Royal Enfield Interceptor 650
Royal Enfield Bullet 350 Royal Enfield Classic

Frequently Asked Questions (FAQs)

  1. What does Royal Enfield 350 two-wheeler insurance cover?

    Our comprehensive Royal Enfield 350 insurance covers accidents, theft, natural disasters, third-party damages, and personal accidents up to ₹15 lakhs. Add-on benefits include zero depreciation, roadside assistance, and engine protection for complete peace of mind.

  2. How do I buy Royal Enfield Bullet 350 insurance?

    Visit Reliance General Insurance, select Royal Enfield 350 two-wheeler insurance, enter bike details, choose coverage, and pay securely online. Alternatively, visit our branch or call 1800-3009. Policy document delivered instantly via email.

  3. Are there discounts for Royal Enfield Bullet 350 insurance?

    Yes! Get up to 50% No Claim Bonus discount on Royal Enfield 350 insurance renewal. Additional discounts for online purchase, anti-theft devices, and membership in recognised automobile associations.

  4. How do I renew my Royal Enfield Bullet 350 insurance?

    Royal Enfield 350 bike insurance renewal is simple online. Visit our website, enter policy number, check Royal Enfield 350 insurance renewal price, pay premium starting ₹19/month*, and get instant renewal.

  5. What's the claim process for Royal Enfield Bullet 350 insurance?

    To claim Royal Enfield 350 insurance, inform us within 24 hours and visit the network garage for cashless repairs or any garage for reimbursement. Submit the required documents and get a quick settlement within 72 hours.

  6. Can I transfer my Royal Enfield Bullet 350 insurance?

    Yes, Royal Enfield 350 insurance benefits transfer to the new owner. Submit ownership transfer documents, RC book, and NOC from the previous owner. NCB benefits can transfer to your new Royal Enfield bike.

  7. What factors affect Royal Enfield Bullet 350 insurance premiums?

    Premium depends on bike age, location, coverage type, and IDV. Choose comprehensive Royal Enfield 350 insurance benefits for better protection. No Claim Bonus and voluntary deductibles can reduce premium costs.

Disclaimers:

*T&C Apply. For more details on risk factors, terms conditions, brochure, and exclusions, please read the policy wording and CIS carefully before concluding a sale.

Customer Count: The total no. of customers insured data is for FY24 and has been picked up from the number of lives insured for Health, Personal Accident, Overseas Travel, Domestic Travel, Workmen Compensation and Crop Insurance, Weather LOB & Fire LOB provided by IRDAI count that is master policy count. Other than these LOBs, we have also provided data for the number of certificates issued.

Claim Settlement Ratio: This is the overall claim settlement ratio for FY 2023-24 without claim outstanding at the start of the financial year as per public disclosure of Reliance General Insurance Co. Ltd.

Premium: The premium mentioned is excluding taxes for the private two-wheeler model TVS Jupiter with cubic capacity of less than 110 cc for a 1 year Own Damage Insurance policy for an IDV of 34,766. Premium used is 233/year as on 1 March 2023 and then converted into a per month basis, which gives us Rs.19/month (233/12).

Discount: The discount varies basis vehicle specifications, No Claim Bonus discount and Geographical location of the vehicle to be insured. Discounts have been calculated on the basis of the rates prescribed under erstwhile Indian Motor Tariff. Discounts are applicable only to the Own Damage section and discounts may vary as per the vehicle make, model, RTO, and age of the vehicle.

Two-wheeler UIN: Details mentioned are for the product- Reliance Two Wheeler Package Policy, UIN-IRDAN103RP0011V02100001.

Third-Party UIN: Details mentioned here are for the product- "A" Policy for Act Liability Insurance (Two Wheeler). UIN- IRDAN103RP0003V01200102.

Own Damage: Details mentioned here are for the product- Reliance Two Wheeler Policy- Stand-alone Own Damage (UIN- IRDAN103RP0002V01201920).

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