Five-year insurance rule: Updated Royal Enfield price list

One-year comprehensive insurance and four-years of third-party insurance to cost Rs 8,061 on the Classic 350 (rear disc).

Published On Sep 07, 2018 12:49:00 PM

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Five-year insurance rule: Updated Royal Enfield price list

The Classic 350 in Redditch Red.

The Himalayan Sleet pre-fitted with the Explorer kit.

The Supreme Court of India recently passed a judgment declaring that third-party insurance is compulsory for every new four-wheeler and two-wheeler sold in the country after September 1, 2018. The new ruling was made in an attempt to provide relief to victims involved in vehicular accidents. However, it has brought about a considerable hike in the on-road cost of new vehicles.

Royal Enfield’s most popular model, the Classic 350 (with rear disc) has an ex-showroom price of Rs 1.47 lakh. However, with the RTO charges and the new mandatory insurance ruling, it now has a minimum on-road cost of Rs 1.73 lakh. The Rs 1.73 lakh price includes Rs 8,061 for the mandatory one-year comprehensive insurance and the four-year third-party coverage, together amounting to five years of insurance.

The price increases to Rs 9,052, if you go for the optional one-year zero-depreciation insurance and four-year third-party insurance, which together amount to five years of insurance. If you were to opt for five years of comprehensive insurance that figure would go up to Rs 14,815. However, if you were looking to get the highest coverage on offer – a five-year, zero-depreciation insurance – that amount now is Rs 19,765. To put that into perspective, the on-road cost for the Classic 350 (with rear disc) with the highest insurance cover is Rs 1.85 lakh!

Here is a table of all of the updated prices:

Royal Enfield price list (Mumbai)
Model	Ex-showroom	RTO charges	1 yr. Comp. + 4 yr. TP	On-road	Optional 1 yr. Zero Dep. + 4 yr. TP	Optional 5 yr. Comp.	Optional 5 yr. Zero Dep.
Bullet STD - 350 UCE	1,16,207	14,824	7,781	1,38,812	8,563	13,112	16,725
Bullet 350 Electric Start	1,30,495	16,573	7,910	1,54,978	8,789	13,898	18,286
Bullet 500	1,68,480	21,222	17,273	2,06,975	18,407	25,213	30,879
Classic 350 (rear disc brake)	1,47,195	18,617	8,061	1,73,873	9,052	14,815	19,765
Classic 350 Gun Grey	1,48,113	18,729	8,070	1,74,912	9,067	14,865	19,486
Classic Signals 350	1,61,984	20,427	8,195	1,90,606	9,286	15,627	21,075
Classic 500	1,84,938	23,236	17,429	2,25,603	18,674	26,144	27,389
Classic 500 Matte	1,87,870	23,595	17,456	2,28,921	18,721	26,311	32,629
Classic 500 Chrome	1,95,371	24,513	17,528	2,37,412	18,843	26,735	33,305
Thunderbird 350	1,49,750	18,929	8,084	1,76,763	9,093	14,955	19,991
Thunderbird 500	1,90,872	23,963	17,485	2,32,320	18,770	26,480	33,597
Thunderbird 350X	1,56,581	19,766	8,146	1,84,493	9,200	15,330	20,596
Thunderbird 500X	1,98,604	24,909	17,558	2,41,071	18,895	26,918	33,597
Himalayan ABS	1,78,833	22,489	17,371	2,18,693	18,575	25,799	31,813
Himalayan Sleet ABS	1,80,669	22,714	17,388	2,20,771	18,604	25,903	31,979