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  • Piaggio Two Wheeler Insurance

    Piaggio and C. SpA are an Italian company engaged in the manufacture of two wheelers as well as commercial vehicles. The company is headquartered in Pontedera, Italy and has been in operation since its establishment in 1884 by Sestri Ponete.

    The company has a wide presence across all markets, with its scooters and commercial vehicles instantly recognisable. Piaggio has a number of subsidiaries, the Vespa range of scooters being the most famous.

    Initially in the aeronautical manufacturing industry, Piaggio began by constructing aircraft. However they decided to focus on automobiles after the Second World War ended, and the Vespa scooter was created. The company soon focussed on the two wheeler segment, producing a range of scooters. The company also launched a hybrid scooter that runs on both gas as well as electricity in 2004, the first of its kind in the world.

    Piaggio has a large presence in India, where their Ape commercial vehicles are used on a wide scale. Piaggio Vehicles Private Limited is the wholly-owned subsidiary in India. The company manufactures its units at a state of the art plant in Baramati, Maharashtra and has a network of over 750 customer touch points.

    The company currently manufactures and sells the Vespa scooter line as well as its three wheeler commercial transport vehicles in India. There are 5 scooter models available at present, with the price ranging between Rs. 80, 000 to Rs. 90, 000. The company has also brought its Moto Guzzi brand of superbikes and Aprilia range to India, with the average prices of these retailing in the Rs. 15 lakh to 26 lakh range.

    After spending a small fortune to buy your new Piaggio bike or scooter, you would not want anything to happen to it. However accidents and unexpected expenses tend to crop up, so to save yourself from shelling out money each time, consider buying best two wheeler insurance. In this way such expenses will be borne by your insurance company and you will also benefit from a number of perks. Another reason to pick a two wheeler insurance policy is the government rule making it compulsory for all vehicles to be insured.

    So what insurance do you opt for? You can choose between the mandatory third party insurance cover or opt for a more comprehensive plan that will cover additional expenses.

    Buying or renewing insurance is a simple and quick process nowadays, as you can get a quote as well as buy or renew your existing policy online. A comprehensive insurance policy will cover damage or loss of the two wheeler due to:

    Natural calamities: this includes fire, flood, typhoon, earthquake, rockslide, landslide, hurricane, lightning strike or self-ignition.

    Man-made calamities: this includes riots, theft, malicious acts, accidents, terror acts as well as any damage that takes place during transport by air, road or rail.

    Benefits of Piaggio Bike Insurance:

    There are a number of advantages when you choose to insure your Piaggio, which are listed below:

    • Ease of purchase and renewal with minimal paperwork.
    • Option of co-passenger accident cover.
    • Cashless repair feature at your insurer’s partner garages.
    • Towing facility in the event of a breakdown/accident.

    Insurance Companies Providing Piaggio Two Wheeler Insurance Policy:

    Buying insurance for your Piaggio two wheeler is very convenient as you can choose from different insurance providers. ICICI Lombard, Bharti AXA, Reliance General Insurance provide policies for Piaggio.

    Piaggio two wheelers available in the Indian market are:

    Scooters:

    • Vespa SXL 150
    • Vespa VXL 150
    • Vespa SXL 125
    • Vespa VXL 125
    • Vespa Elegante

    Moto Guzzi bikes:

    • Moto Guzzi Bellagio
    • Moto Guzzi Griso SE
    • Moto Guzzi California 1400
    • Moto Guzzi Sports 8V

    Aprilia bikes:

    • Aprilia Mana 850 GT ABS
    • Aprilia SRV 850 ABS
    • Aprilia Dorsoduro 1200 ABS
    • Aprilia Caponord 1200 ABS
    • Aprilia Tuono V4 APRC
    • Aprilia Caponord 1200 ABS Travel
    • Aprilia RSV4 R APRC ABS
    • Aprilia RSV4 Factory APRC ABS

    The below table lists the model and variances of Piaggio two wheelers available and if they are covered by the insurer:

    Make Model Variance

    ICICI Lombard

    Reliance General

    Vespa Elegante

    Yes

    Yes

    Vespa SXL 150

    Yes

    Yes

    Vespa VXL 150

    Yes

    Yes

    Vespa SXL 125

    Yes

    Yes

    Vespa VXL 125

    Yes

    Yes

    Moto Guzzi Bellagio

    Yes

    No

    Moto Guzzi Griso SE

    Yes

    Yes

    Moto Guzzi California 1400

    Yes

    Yes

    Moto Guzzi Sports 8V

    Yes

    No

    Aprilia Mana 850 GT ABS

    Yes

    Yes

    Aprilia SRV 850 ABS

    Yes

    Yes

    Aprilia Dorsoduro 1200 ABS

    Yes

    Yes

    Aprilia Caponord 1200 ABS

    Yes

    Yes

    Aprilia Tuono V4 APRC

    Yes

    Yes

    Aprilia Caponord 1200 ABS Travel

    No

    Yes

    Aprilia RSV4 R APRC ABS

    No

    Yes

    Aprilia RSV4 Factory APRC ABS

    Yes

    No

    Piaggio Bike Insurance FAQs:

    1. Q: What is the difference between a third party only insurance policy and a comprehensive one?

      A: A third party insurance policy covers loss of life or property damage for the vehicle owner. For an additional cost, a comprehensive policy also covers expenses arising out of natural and man-made disasters, theft, and third party liability as well.

    2. Q: What discounts can I avail when I buy two wheeler insurance?

      A: Depending on your insurance company, you could avail a discount on your premium if you are a member of the Automobile Association of India. You can also get a discount if you have installed ARAI approved anti-theft device in your two wheeler.

    News About Piaggio Two Wheeler Insurance

    • Piaggio to Launch Vespa GTS 300 in India by End of 2016

      Italian two-wheeler manufacturer, Piaggio, has announced plans to launch the Vespa GTS 300 in India. The scooter will be introduced in India via the CBU (Completely Built Unit) route and is expected to be priced over Rs 2 lakh.

      Powered by a 278cc, 4-stroke, liquid-cooled engine with automatic transmission system, the Vespa GTS 300 currently the most powerful and also the most premium scooter from the house of Piaggio. Some of the fresh new features to be seen on the new Vespa include chrome rear view mirrors, matte body finish, a sporty step up seat, pass by switch.

      26th August 2016

    • Italian Automaker Piaggio Planning to Launch The Vespa GTS 300 Shortly

      Piaggio is gearing up to launch the Vespa GTS 300 in India shortly. First showcased during the 2014 Auto Expo, it is likely to be the most powerful offering from the Italian Auto Maker in the country so far.

      With a displacement of 278cc, the single cylinder engine will produce a maximum power of 21bhp with a peak torque of 22.3Nm. This premium offering from Piaggio will contain an analogue-digital instrument cluster and will be offered with ABS (Anti-Lock Braking System) as a standard feature. Slated to be launched in India later this year, it will be the sixth model to be launched in the country.

      26th August 2016

    • Piaggio India Launches its Second Motoplex in Hyderabad

      Piaggio India, the leading two-wheeler manufacturer, has recently launched its second Piaggio Motoplex in Jubilee Hills, Hyderabad. The showroom was inaugurated by Mr. Naga Chaitanya, a popular Tollywood actor. The Managing Director and CEO, Stefano Pelle, was also present at the function. This would assure more accessibility to prospective buyers of two wheelers such as Aprilia, Vespa, MotoGuzzi, etc. Various insurance providers offer two wheeler insurance for products from Piaggio Group.

      24th May 2016

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