India Kawasaki Motors Private Limited is a wholly-owned subsidiary of Kawasaki Heavy Industries Limited, Japan. The company commenced its operations in India in the year 2009 by launching the Ninja 250 and Ninja 650. At present, India Kawasaki Motors sells a total of 27 motorcycle models across 30 dealerships in the country.
Kawasaki is one of the leading motorcycle brands in the country and is known for producing sleek and edgy motorcycle models. Here, we will look at how you can protect your Kawasaki motorcycle by purchasing a bike insurance/two wheeler insurance policy.
The motorcycles that are manufactured and offered to the Indian public by Kawasaki are as follows:
As per the Motor Vehicles Act, 1988, it is mandatory to purchase a two wheeler insurance policy if you are a vehicle owner. Thus, if you have a Kawasaki motorcycle, you will need to insure it with at least a third-party liability insurance policy. That being said, it is recommended that you insure your bike with a comprehensive two wheeler insurance policy which will provide more protection to you and the vehicle. You can also enhance the policy by purchasing add-on covers that are offered by the insurance company for an extra premium. Some of the popular optional covers or add-ons that are offered by insurance providers are the Zero Depreciation/Nil Depreciation Cover, Personal Accident Cover for the Pillion Rider, etc.
If you are looking to purchase a two wheeler insurance policy for your Kawasaki motorcycle, it is necessary to first be familiar with the different types of motor insurance policies that are offered by insurance companies.
Third-Party Liability-Only Insurance Policy: In India, all motor vehicles are required to have a third-party insurance policy. This policy provides you coverage against legal liability that may arise due to an accident that has caused damage to a third party’s assets, bodily injury to a third party, or death of a third party. Individuals who purchase this policy will also be provided a personal accident cover that covers accidental death and permanent total disability, up to a certain sum insured that is specified by the insurance company.
Multi-Year or Long-Term two wheeler insurance Policy: A long-term two wheeler insurance policy provides coverage for a duration of 2 years or 3 years, as per the policy term that was chosen by the policyholder. Most long-term two wheeler insurance policies provide coverage against damage or loss occurring to the vehicle due to natural calamities or unforeseen man-made events. Further, the owner/rider of the vehicle is also provided a personal accident cover with a certain specified sum insured. Lastly, the long-term two wheeler insurance policy also provides coverage against third-party liability. The key benefit of this type of policy is that policyholders do not have to go through the hassle of renewing their policy every year. Further, certain insurance companies also offer discounted premium rates to individuals who opt for a longer policy term of 2 years or 3 years. Also, during the extended policy tenure, the third-party premium rate remains constant.
Comprehensive two wheeler insurance Policy: The comprehensive two wheeler insurance policy also provides significant coverage to the policyholder by covering vehicular damages, total loss of the vehicle, and third-party liability. A personal accident cover is also provided to policy buyers by insurance companies for this type of policy. However, unlike the long-term two wheeler insurance policy, this policy only offers coverage for a period of 1 year. Thus, policyholders will have to renew it on a yearly basis. As a result, the third-party premium rate, which is decided by the Insurance Regulatory and Development Authority of India, rises every year.
Some of the major exclusions under both third-party liability insurance policies and long-term/annual comprehensive bike insurance policies are listed below:
A two wheeler insurance policy offers many benefits to policyholders. Thus, if you have a Kawasaki motorcycle, you should certainly purchase a two wheeler insurance policy for your vehicle. Individuals who require a limited coverage can purchase the third-party liability-only insurance policy, whereas those who have higher coverage needs can opt for the comprehensive two wheeler insurance policy and also purchase add-ons offered by the insurer.
A significant benefit of having a two wheeler insurance policy is that policyholders can avail cashless facility in the event of an accident or vehicular damage at a network garage in a hassle-free manner, and, thereby, reduce out-of-pocket expenses.
Prospective policy buyers can purchase two wheeler insurance policies through both online and offline channels. However, before purchasing a policy through either of these channels, it is necessary to do your own research to find a motor insurance policy that is well suited to your needs. Make sure to compare the features of a few policies and the premium quotes by using the two-wheeler premium calculator tool on the official websites of insurance providers or third-party insurance websites.
Once you have purchased a two wheeler insurance policy, you will need to renew the policy before the specified date to continue enjoying the benefits of the policy. Policyholders can renew their insurance policies online through the insurer’s official website or through third-party insurance websites. You can also choose to renew your bike insurance policy by visiting the insurer’s office directly.
India Kawasaki Motors has recently launched the 2019 KLX140G off-road motorcycle. The motorcycle is being offered at a price of around Rs.1.06 lakh (ex-showroom Delhi). The new variant of the motorcycle comes with brand new body graphics. However, the bike still carries the same mechanical components and engine as the previous variant.
The bike is fitted with a 144cc single-cylinder, air-cooled SOHC engine that is mated to a five-speed gearbox. The dirt bike only weighs 99 kgs and has a fuel tank capacity of 5.8 litres. The 140G is an intermediate bike model in the KLX series, which also consists of the 450R and the 110 models.
13 December 2018
Ninja 300 ABS is launched by Kawasaki in India and is priced at Rs.2.98 lakh rupees. At a very similar price, a customer can buy other motorbikes which have its own features and are great rivals to Ninja 300 ABS.
Yamaha YZF-R3 and KTM RC390 are two of the biggest rivals to Ninja 300 ABS and are priced at Rs.3,48 lakh and Rs.2.37 lakh respectively. Both the bikes boast of having a dual channel ABS and while the YZF-R3 has a parallel twin motor which puts out 28 Nm of torque and 41bhp, the RC390 produces 37 Nm of torque, and 42 bhp helped by a 321cc, single-cylinder engine.
The other bike launched by Kawasaki is the Z250 which puts out 31.5 bhp and 21 Nm torque thanks to a 249cc, parallel twin motor. The only difference between Z250 and Ninja 300 ABS is that the former does not have an ABS unit. One can purchase this bike for Rs.3.08 lakh.
The other bikes which a bike lover may consider to purchase is the KTM 390 Duke which is priced at Rs. 2.40 lakh and produces power worth 42 bhp and 37 Nm of torque due to a 373cc single-cylinder motor.
The Benelli TNT 300, BMW G-310 R, BMW G310 GS, and the Hyosung GV250 are some of the other bikes which are good rivals to the Kawasaki Ninja 300 ABS and are priced Rs. 3.43 lakh, Rs.2.99 lakh, Rs.3.49 lakh and Rs.3.3 lakh respectively.
23 July 2018
*The customer reviews/feedback/opinions expressed on this website are solely of their authors and do not reflect, in any way, the view of BankBazaar Insurance.
Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.