Upgrade your Yamaha ride: Essential add-on covers you should consider

Posted on: Apr 2, 2024 | 3 mins | Written by: HDFC ERGO Team

Upgrade your Yamaha ride: Essential add-on covers you should consider

If you own a Yamaha bike and want to enhance your bike insurance add ons coverage, there are a variety of add-on covers that you can consider. Some popular options include personal accident cover for pillion riders, zero depreciation cover, engine protection cover, and more. These add-ons can help you get even more comprehensive coverage for your bike and protect against a wider range of risks. So, let's dive in and explore the various add on covers for Yamaha bike insurance!

Unlock the top add-on covers that enhance your Yamaha bike insurance

We will discuss some valuable add-on covers that you should consider for your Yamaha bike insurance to ensure complete peace of mind.

1. Zero depreciation cover

As time goes by, the value of your bike tends to depreciate. In case of an accident or damage, your insurance claim will not cover the entire cost of repairs due to depreciation. However, with a zero depreciation cover, you can receive full reimbursement for the damaged parts without factoring in depreciation. This add-on ensures that you receive the maximum claim amount, resulting in minimal out-of-pocket expenses.

2. Engine and gear-box protection cover

The engine is the heart of your Yamaha bike, and any damage to it can lead to expensive repairs. Unfortunately, a standard bike insurance policy usually excludes engine-related damages. By opting for an Engine and Gear-box Protection Cover, you can rest assured that you will be financially protected in case of engine damage due to accidents, water ingress, or oil leakage. This cover can save you from bearing hefty repair bills and provide financial relief during such challenging circumstances.

3. Emergency assistance cover

Imagine a situation where your bike suddenly breaks down in the middle of nowhere. In such cases, having a Roadside Assistance add-on cover can be a lifesaver. Whether it's an empty fuel tank, a flat tyre, or any mechanical breakdown, this cover ensures prompt assistance and transportation of your bike to the nearest service centre. It also includes services like towing, battery jump-start, emergency fuel supply, and more, ensuring that your journey remains hassle-free.

4. Personal accident cover

While your comprehensive bike insurance add ons cover damages to your bike, it's equally important to ensure your own well-being. A Personal Accident Cover pays for the financial damage in case of an accident which could lead to a loss of life, disability, etc. This crucial add-on cover offers financial support to you and your family during challenging times, making it an essential addition to your insurance policy.

5. NCB protection cover

A No Claim Bonus or an NCB is actually a discount offered on the premium for every claim-free year. However, a single claim can result in losing this valuable discount. To protect your NCB, consider opting for an NCB Protection add-on cover. With this cover, you can make up to two claims in a policy year without losing your accumulated NCB. This ensures that your insurance premium remains low even after having a claim.

How do add-on covers enhance the coverage of Yamaha bike insurance policies?

Add-on covers are additional policy features that you can purchase to enhance the coverage of your Yamaha bike insurance. These covers offer extra protection and benefits beyond the standard coverage provided by your base insurance policy. Here are a few ways in which add-on covers can enhance your Yamaha bike insurance:

1. Personal accident cover

This cover provides financial protection in case of accidental death or disability of the policyholder. It offers a lump sum payout to the insured or their family, ensuring their financial security.

Also, there is a mandatory coverage of Rs 15 lakhs¹ of personal accident coverage for all vehicles plying in India, which could be taken separately or bundled within the plan. A premium of Rs 750 is payable for this additional coverage which can be availed along with your bike insurance plan.

2. Zero depreciation cover

With this cover, you can receive full reimbursement for the cost of damaged bike parts during repairs or replacements, without accounting for depreciation. It is particularly useful for new or expensive Yamaha bikes because the cost of replacement is substantially high.

3. Engine and gear-box protection cover

This cover safeguards your Yamaha bike's engine and gearbox against damage caused by waterlogging, hydrostatic locks, oil leakage, etc. It covers repair costs, ensuring your bike's engine remains in good condition.

4. Emergency assistance cover

This cover assists in case of breakdowns, flat tyres, fuel emergencies, or accidents. It includes services like towing, battery jump-start, emergency fuel delivery, and more, ensuring you are never stranded on the road. All you need to do is call the HDFC ERGO helpline number at 022 6234 6234 or 0120 6234 6234 and the rest will be taken care of³!

5. NCB protection cover

Basically, a No Claim Bonus (NCB) is a reward given for not filing any claim during the policy period. This cover ensures that even if you make upto two claims in a year², your NCB won't be affected and you can continue to enjoy the benefit of reduced premiums in the future.

6. Return to invoice cover

In case your bike is stolen or damaged beyond repair, HDFC ERGO will pay for the entire invoice amount for you to opt for a complete replacement of your bike without hassle!

Inclusions and exclusions of Yamaha bike insurance

The Yamaha bike insurance provides coverage for a range of circumstances under the comprehensive bike insurance plan.

These include

• Accidental damage

• Damage to third-party property

• Injuries to third-party

• Total loss of the bike

• Man-made disasters (such as strikes, riots, vandalism)

• Theft of the bike,

• Natural disasters (including cyclones, floods, storms) and

• Fire or explosion, etc.

However, there are certain exclusions to the coverage provided. These include

• riding the bike without a valid insurance or a valid Driving Licence (DL)

• mechanical or electrical breakdown

• regular wear and tear

• riding the bike in an irresponsible manner

• riding the bike under the influence of intoxicating substances or alcohol

• Loss or damage that happens outside the geographical limits is also not covered

It is important to note that Personal Accident (PA) coverage is mandatory when purchasing or renewing the bike insurance policy by the Motor Vehicles Act and it can be taken along with your bike insurance plan or even standalone.

Conclusion

Enhance your Yamaha bike insurance with add-on covers that provide additional protection. Options like zero depreciation, roadside assistance, and engine protectors can be valuable additions to comprehensive coverage. Consider your specific needs and choose the add-ons that best suit you.

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

Best Yamaha Bikes in India: Features and Specifications Explained

Reasons Why Yamaha Can be the Best Choice for Your Next Vehicle

Yamaha NEO's: The Perfect Scooter for City Living!

2022 Yamaha FZ 25: All You Need to Know

16 Facts You Never Knew about Yamaha