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:

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.