Insurance Policy
MOVE Bike Rental Insurance Policy
- Insurance coverage is valid only if the user purchased it during the booking process and paid the displayed premium in full.
- The user is responsible for the first INR 10,000 of any damage to the rented MOVE bike.
- For damages exceeding INR 10,000, the user can claim insurance to cover the excess amount, including lost rental revenue during the bike's downtime.
- MOVE Bikes reserves the right to inspect the bike before processing any insurance claim, and its assessment will be final.
- Users who purchased travel insurance at booking are eligible for a INR 2 Lakh life insurance payout in the event of an unfortunate death.
- In accidents involving a third party, the insured user is covered. The claim amount will be determined based on factors like income, tax filings, and living expenses.
- MOVE bikes are comprehensively insured. Any remaining balance after insurance payouts and repairs must be paid by the user.