Hero MotoCorp Limited is a leading two-wheeler company in India with a head office based in New Delhi. It was formerly known as Hero Honda. The company holds the position as a dominant market leader with over 50% of the share in the domestic motorcycle market in India with about 90 million two-wheelers sold till date. In the year 2001, Hero MotoCorp became the largest two-wheeler manufacturer in the world and also in India. Hero MotoCorp has been known for designing and developing innovative and technologically advanced two-wheelers for its customers all around the world. The largest two-wheeler manufacturing company has seven benchmarked manufacturing facilities across the globe, five of which are in India. Hero MotoCorp has world-class research and development capabilities with its global hub, Centre of Innovation and Technology (CIT) located at Jaipur. It has become the largest manufacturer with a production capacity of 9 million units annually.
Popular Hero Bikes
Here is a table showing the popular Hero bikes in the market –
Salient Features of the Model
Hero Splendor Plus is one of the most popular and recognised series of motorcycles of Hero MotoCorp. It is a 4-stroke, single-cylinder, OHC type with advanced Programmed Fuel Injection. It is offered in three variants and a variety of colours with key features which includes Drum Brakes Front, Digital Fuel Indicator, Tubeless tyre, Alloy Wheels, etc.
Hero HF Deluxe
Hero HF Deluxe is the cheapest and most affordable model of Hero MotoCorp with advanced features. It is a commuter bike and is available in 5 variants and colours. It has xSens powered programmed FI technology and is powered by a 97cc BS6 engine. The engine of HF Deluxe works in conjunction with transmission of a 4-speed.
Hero Passion Pro
Hero Passion Pro is an average ranged model which is available in two variants and in four colour options. Hero Passion Pro is the second most popular brand. It comes with a BS6 compliant motor and is well-styled for a 110cc bike with i3S Start Stop Tech and optional front disc brake.
Hero Pleasure Plus has a 110cc BS6 engine. It is available in two variants-FI BS6 Alloy Wheel and FI BS6 Sheet Metal Wheel. It is powered by advanced technology with smart sensors fitted which automatically adjust the performance of the vehicle depending on the driving conditions. It has advanced features such as mobile charging port and utility box, LED boot lamp, integrated braking and tubeless types.
Xtreme 160 is the most premium model of Hero MotoCorp with exclusive features and aggressive styling. It is powered by a 163cc air-cooled engine and fuel injected BS6 compliant motor. Xtreme 160R is available in two variants- Rear Disc and Rear Drum. This bike features a full -digital instrument console and all LED lighting making it look stylish and lavish. Xtreme 160R is said to be one of the most powerful motorcycles in its segment.
Hero bike insurance – Why is it needed?
Whatever Hero bike you buy or own, you are required to insure your bike under a valid bike insurance policy if you want to drive your bike in India. The need for insuring your Hero bike is as follows –
Types of Hero motor insurance plans
There are two types of bike insurance policies which you can buy for your Hero bike. These policies are as follows –
The third party liability policy is the mandatory cover which is required on your Hero bike according to the provisions of the Motor Vehicles Act, 1988. The policy covers third party liabilities which you might face if you injure or cause death of an individual due to the bike or you damage third party property.
A comprehensive Hero two wheeler insurance policy provides dual coverage. One, it covers the mandatory third-party liability which you might suffer for causing any harm to third parties. Secondly, it also covers the damages suffered by bike. If your bike is damaged in an accident or stolen, the policy would cover the financial loss suffered.
Comparison between the third party and comprehensive bike insurance plans
Here is a comparison between the two types of bike insurance plans available for your Hero bike –
Third-party liability plan
This is a mandatory cover
This policy is optional and can be taken for a wider scope of coverage
The policy covers only third party liabilities
The policy covers both third party liabilities and the damages suffered by the bike itself
There are no optional add-ons provided under the plan
There are a range of optional add-ons which are available under this type of policy
The premium for third party plans is fixed by the Insurance Regulatory and Development Authority of India. It is fixed for all insurance companies and is low
The premium is fixed by the insurance company itself. The premium, therefore, varies between different plans. The premium is also higher than the premium of a third party liability policy
No premium discount is allowed under these plans
Different types of premium discounts are allowed under these plans
Hero bike insurance – inclusions
The coverage of Hero Corp insurance plans depends on the type of policy that you buy. The coverage features of comprehensive plans are as follows –
Third-party plans cover only the first two instances of third party liabilities and allow personal accident coverage for the owner or driver of the bike. Comprehensive plans, on the other hand, cover all possible types of losses and provide an inclusive scope of cover.
Hero bike insurance – exclusions
Both third party liability and comprehensive Hero Corp online insurance plans have a common set of policy exclusions. If a claim is made for any of these exclusions, the claim is not paid. These exclusions include the following –
Hero bike insurance – add-ons available
Besides offering an inclusive scope of coverage, comprehensive Hero motor insurance plans offer different types of optional coverage features which you can opt for at an additional premium. These coverage benefits are called add-ons as they can be added to your base policy. Commonly available two-wheeler add-ons include the following –
If you choose this add-on you get an assurance of round-the-clock help from the insurance company in case of an emergency. If you are stranded in the middle of nowhere and your bike breaks down, you can call the insurance company for assistance and the company would provide the necessary help that you need.
Under this add-on, the effect of depreciation on the bike’s parts becomes nil. When you make a claim in your bike insurance policy, the insurance company does not deduct depreciation from the parts which have been repaired or replaced. You, therefore, get the full cost of repairs paid as claimed if the add-on is selected.
NCB is the no claim bonus which you get every year when you don’t make a claim. The rate of bonus also increases after every successive claim-free year. If a claim is made, however, the NCB becomes zero. If this add-on is selected, however, you can preserve the NCB even if you have made a claim in the policy.
Under this add-on, if your bike is totally damaged beyond repairs or if it is stolen, the insurance company pays the invoice price of the bike. The add-on, therefore, enhances the amount of the claim and gives you maximum financial compensation.
This add-on extends the personal accident cover to the pillion rider riding with you on the bike. Thus, if the pillion rider suffers accidental death or permanent disablement, the add-on pays a lump sum benefit for the contingency suffered.
Consumables are the oils, lubricants, nuts and bolts which are used for repairing the bike but which are not covered in the policy. However, if you opt for this add-on you can get coverage for the cost of consumables incurred in repairing the bike.
Hero bike insurance premiums
The premium of your Hero bike depends on the model of the bike and other factors. While third party premiums are fixed across all insurance companies, the comprehensive premium varies. Here is a table showing the expected premium rates of popular Hero bikes –
Model of the Bike
INR 4,220- INR 4,936
Hero HF Deluxe
INR 4,204- INR 4,657
Hero Passion Pro
INR 4,200- INR 4,817
Hero Pleasure Plus
INR 4,174- INR 4,817
Hero Xtreme 160R
INR 4, 407- INR 5,302
How to buy a Hero bike insurance?
You can buy two wheeler insurance online for Hero bikes. Online policies are issued instantly and are easy to buy. You can choose Turtlemint to buy Hero insurance online through your computer or Smartphone. Turtlemint is an online platform which is tied-up with leading bike insurance providers in India. By buying online through Turtlemint you can get the quotes of the best bike insurance plans for your Hero bike. Moreover, you can get personalised assistance from Turtlemint’s team of experts to help buy the most suitable bike insurance policy. To buy online through Turtlemint, here are the steps which you can take –
How to do Hero insurance renewal?
You need to do Hero two-wheeler insurance renewal every year to continue the coverage non-stop so that you can drive your bike legally. Hero bike insurance renewal can be done online. There are two ways of doing such renewals which are as follows –
You can visit the insurance company’s website from whom you have bought the policy, enter in your policy number and renew the policy online. The policy details would be shown along with the renewal premium which has to be paid. Pay the premium online and the renewal would be done instantly.
Turtlemint also allows you an easy way to do Hero Motocorp insurance renewal online. If you have bought the policy from Turtlemint you can simply log into your account and renew the bike insurance plan by paying the premium digitally. Alternatively, if you have not bought the policy from Turtlemint you can check the quotes of different insurance companies on Turtlemint’s platform and choose the best policy for your bike on renewal. You can pay the premium and renew the policy with another insurance company.
How to make a claim in Hero bike insurance?
There is a claim process which you need to follow to make a claim in your Hero bike insurance plan. This process is as follows –
You can also make a bike insurance claim through Turtlemint. Turtlemint has a claim assistance team which helps you get your claims settled in the easiest possible manner. Just inform Turtlemint by calling its helpline number 1800 266 0101 or send an email to firstname.lastname@example.org. Turtlemint’s claim expert would get in touch with you and help you get the claim settled at the earliest.
Yes, you can get premium discounts if you choose a comprehensive bike insurance policy. There are different types of discounts which you can avail some of which are as follows –
Third-party premium is determined by the IRDA and it depends on the cubic capacity of the bike. The rates are dynamic and can be changed upon review by the regulator. The proposed rates, for the financial year 2020-21 are as follows –
Cubic capacity (cc) of the bike
Third party premium rate (Proposed)
Up to 75 cc
76 cc to 150 cc
151 cc to 350 cc
351 cc and above
There is no limit to the number of add-ons that you can buy with a comprehensive Hero bike insurance policy. You can choose as many add-ons depending on your coverage needs. Every add-on, however, would have an additional premium which would increase the overall premium of the policy.
The premium of a comprehensive bike insurance plan consists of third party premium and own damage premium. Third-party premium is fixed by the IRDA but the own damage premium is calculated by the company. The own-damage premium depends on a lot of factors which include the make, model and variant of the bike, claim experience, registration year and location, manufacturing year, details of the previous policy and the add-ons selected.
The rate of depreciation depends on the type of part. Here is a table showing the depreciation rates for the different parts of the bike –
Parts of the bike being repaired or replaced
Rate of depreciation applicable
Rubber, plastic or nylon parts
Tyres and tubes
As per the depreciation of the Insured Declared Value of the car