Vespa, manufactured by Piaggio, is an Italian luxury brand of scooter. Despite facing several ups and downs, it has come a long way from being a single model motor scooter in 1946 by Piaggio & Co, Italy, to a full line of scooters. Now, it is one of the seven companies owned by Piaggio. Right from their inception, Vespa scooters have been known for their painted, pressed steel body combined in a unified structural unit, a whole cowling for the engine, a flat floorboard, and a prominent front fairing that provides wind protection. Later, Piaggio filed a patent for the Vespa scooter design in April 1946, and the patent was approved.
In 1960, Piaggio first partnered with Bajaj Auto to produce Vespa scooters in India. But after a decade, due to some political reasons, Piaggio's license was not granted a renewal. Later, Vespa again partnered with LML Motors, and it produced the P-Series scooters for the Indian market, but in 1999 due to a dispute, this partnership also ceased. Later, in the 2012 Auto Expo held in New Delhi, Piaggio unveiled its range of premium scooters. This time, the iconic Vespa re-entered the Indian market without any local partner and slowly regained popularity.
Post the Covid-19 pandemic, Piaggio India has introduced its e-commerce platforms with exclusive online stores for its iconic brand Vespa, and this has been an instant hit amongst its loyalties. Using the Vespa Connectivity App, users can now access their scooter’s details, service history, last-parked location, etc.
HDFC ERGO offers the following two-wheeler/scooter insurances for Vespa Scooter:
Short-term comprehensive insurance is the most suggested option as nothing protects your scooter better than comprehensive two-wheeler insurance provided by HDFC ERGO. The all-in-one comprehensive insurance plan by HDFC ERGO includes-
Accident, theft, fire etc.
Personal accident cover
Natural calamities
Third-party liability
Choice of add-ons
We at HDFC ERGO have a Long Term two wheeler Insurance Package Policy too that is designed to secure your scooter for the long run. A scooter insurance policy for two-three years (2/3 yrs) will help you evade the trouble of yearly renewal. You can also avoid third-party hikes in premium every year, and your scooter remains covered for the long term. The long-term comprehensive plan includes:
Personal accident cover
Third-party property damage
Injury to a third-party person
A third-party cover - the most basic type of two-wheeler policy that offers protection in case of damages & losses your two-wheeler could cause to the third-party person/ property. In case of an accident, claims that the injured person raises can be covered under this policy, thus reducing your financial burdens and stress. Third-party liability insurance is mandatory under the Motor Vehicles Act, 1988. Third-Party two-wheeler insurance policy includes:
Accident, theft, fire etc
Natural calamities
Choice of add-ons
If you already have a third-party liability insurance policy, the standalone own damage bike insurance policy is best for you. This policy covers you against losses arising from damage to yourself and your vehicle due to an accident. Furthermore, you can also unlock the choice of add-ons to enhance your coverage. The standalone insurance plan includes:
Accident, theft, fire etc
Natural calamities
Personal accident
Third-party liability
Choice of add-ons
One of the most popular scooters globally, the Vespa has re-entered the Indian market as a premium scooter brand. However, just buying this premium scooter isn’t enough; you need to have the right insurance policy to ensure your peace of mind. A Vespa Insurance Policy that offers financial coverage to both you and the third party in case of any loss/damage that might happen due to accidents, theft, earthquake, and floods is a must.
Further, with our poor road conditions and reckless drivers on the streets, there always is a risk of accidents. It is in your best interest to help yourself stay shielded financially from accidents and their consequences and get your two-wheeler insured.
The coverage that a Vespa insurance policy offers is based on the type of policy you have chosen. If you have selected Third party bike insurance, it will provide coverage against damage to a third-party person or property. However, if you opt for a comprehensive bike insurance plan, it will cover the following:
It covers any financial loss that may arise due to damage to your scooter as a result of an accident. We ensure cashless repairs at our vast network of cashless garages.
It also covers any damage that might occur to your scooter due to fires/ explosions/ lightning/ self-ignition damage.
In case of theft, you will get compensated as we cover the total loss of your two-wheeler.
Any natural or artificial calamities like earthquakes, storms, floods, riots, and vandalism are also covered in case of damage to your scooter.
We also offer a compulsory personal accident cover for up to INR 15 lakhs.
You can easily renew your Vespa insurance policy online from the comfort of your home with HDFC ERGO. Our hassle-free process allows you to renew your policy in just a few minutes. Following are the few steps to renew your insurance policy:
In India, HDFC ERGO is the largest provider of two-wheeler insurance. There are a number of companies that provide insurance for Vespa in the market, but few can match the features and benefits that we provide. When it comes to bike insurance, HDFC ERGO is constantly one step ahead of the competition, from AI and app-based claims to a large network of cashless garages and specific add-ons like emergency roadside assistance and engine protector cover. Here are a few more reasons to choose us:
You can relax and enjoy a premium reduction of up to 70% on your Vespa bike insurance policy, as well as a No Claims Bonus of up to 50%.
We are only a phone call away in the event of a breakdown. No matter where you are stranded, our 24-hour roadside assistance will aid you in resolving your breakdown concerns.
We process about 80% of the claims we receive on the same day. We also have a paperless claims option and a self-inspection option. No wonder HDFC ERGO's claims settlement process is straightforward, quick, and seamless.
You don't have to wait until the wee hours of the morning to get your bike restored with our overnight repair service for small accidents. You may have your bike repaired without missing sleep overnight and have it back in fine condition the next morning.
Considering the current digital needs of online payments, we provide services that are completely cashless and secure. Plus, you can always locate a network garage in your area to get your bike fixed thanks to HDFC ERGO's 2000+ network garages across India.