Why You Should Buy Own Damage Cover for Your Yamaha Bike

Posted on: Jul 19, 2024 | 3 mins | Written by: HDFC ERGO Team

Why You Should Buy Own Damage Cover for Your Yamaha Bike

Yamaha motorcycles, to a lot of riders, symbolise performance, style, and image. If you are the owner of a Yamaha bike, it becomes quite important to insure your motorbike with Yamaha two-wheeler insurance .

While the list of insurance products can be long, from a protection perspective, the most comprehensive will be a two-wheeler own damage cover.

This blog will explain why buying a two-wheeler own damage cover for your Yamaha bike is a wise decision.

Why Yamaha Two-Wheeler Insurance?

While keeping your Yamaha bike safe, the choice of the right insurance becomes imperative. Yamaha two-wheeler insurance has various options specifically curated to fit the different needs and preferences of the bike owner.

Let’s check the different insurance types available for a Yamaha bike.

1. Comprehensive Coverage: Comprehensive risk coverage

Comprehensive bike insurance can give full protection to your Yamaha bike. This includes third-party liability and own damage cover. The latter ensures the protection of your Yamaha bike against a list of perils. These shall include damages caused by accidents and theft, natural calamities like floods and earthquakes, and even fire breakouts.

2. Third Party Coverage: Restricted Protection

In contrast, Third party bike insurance has a very limited scope of coverage. It essentially works to protect against losses or damages done to third parties involved in an accident with your insured bike. In this case, there won't be any coverage for your Yamaha bike. It will be exposed to many risks unless you top it up with own damage cover.

Benefits of Own Damage Coverage

One of the top-notch advantages of availing two wheeler own damage cover under Yamaha comprehensive insurance is holistic protection. This is a necessary coverage that compensates the owner rider for any damages or loss arising out of unexpected accidents or other unfortunate incidents.

Knowing that maintenance costs could get quite steep, especially for a Yamaha motorcycle, the own damage cover does help put the owner beyond concerns about the expenses for repairs or replacement, barring a few minor ones.

1. Peace of Mind and Security

The invaluable assurance and security that come with a Yamaha bike insurance with own damage cover cannot be overstated.

Knowing that your beloved Yamaha bike is protected against thefts or damage liberates you from the fear of being on tenterhooks every time. The peace of mind allows riders to enjoy the delight of the ride without constantly worrying about what repair costs might pop up.

2. Flexibility in Repair and Authorised Service Centres

With own damage coverage, you can get unparalleled flexibility in repair options. Vehicle owners can opt for authorised service stations exclusively dealing with Yamaha bikes. This will ensure all repairs with expert precision and replacements with genuine spare parts.

It is this attention to detail that will help, over a long period, not only in the maintenance of the optimum performance and intrinsic value of your Yamaha bike but also in ensuring its long life and enduring reliability.

3. Protecting Your Investment

The Yamaha bike reflects not only a means of transportation but also serves as a financial and emotional investment for you. The own damage cover under Yamaha two-wheeler insurance gives the much-needed protection that goes beyond the basics to safeguard your bike from any unforeseen circumstances. It assures protection to your Yamaha bike against adverse weather conditions, natural and man-made disasters, theft, etc.

4. Added Advantages

There are several different add-ons available with own damage bike insurance. They add more coverage to the policy while keeping expenditures to a minimum. The coverage and claim amount can be increased by selecting appropriate add-ons.

Added amenities like these increase the ease of owning and servicing a Yamaha bike, offering necessary support during unforeseen emergencies and breakdowns without extra costs.

5. No-Claim Bonus (NCB)

Own damage coverage in Yamaha insurance provides complete protection and also financial awards in the form of a No Claim Bonus (NCB). It is a reward given to a policyholder by insurers if no claim was made during the period of the policy.

The more claimless years you have, the higher the percentage of NCB, which amounts to a substantial premium reduction at the time of renewal of the policy. This motivates you to ride safely and regularly maintain your Yamaha bike. Hence, comprehensive insurance with own damage cover is quite a prudent choice an owner of a Yamaha bike can make for long-term savings and added value.

6. Financial Security and Long-term Benefits

From a practical financial point of view, purchasing Yamaha bike insurance that includes own damage cover is a proactive measure with long-term benefits. By paying a reasonable premium cost, one shall be protected from huge expenses due to an accident or even theft.

Such a proactive approach not only enhances personal financial security but also assures uninterrupted enjoyment of the riding experience with Yamaha.

7. User-Friendly Policies and Transparent Claim Processes

Yamaha insurance policies have been carefully crafted to make them user-friendly. This translates into a seamless and transparent claim process, besides clear policy terms.

With this commitment to clarity and simplicity, Yamaha bike owners are better placed to be confident about raising a claim, renewing their policy, or seeking comprehensive coverage.

Conclusion

Yamaha two-wheeler insurance with its own damage cover gives comprehensive protection to your Yamaha bike against accidents, theft, and damages. It gives peace of mind and maximises optimal performance in every ride. Hence, it's an investment that bike enthusiasts would want to bank on.

Disclaimer: The above information is for illustrative purposes only. For more details, please refer to the policy wordings and prospectus before concluding the sales.

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