Yamaha Motors is a Japanese multinational corporation headquartered in Shizuka, Japan. The esteemed company was founded by Torakusu Yamaha as Nippon Gakki Co. Ltd. in 1887 and incorporated as Yamaha Motors in 1955. It specializes in the manufacturing of motorcycles, snowmobiles, outboard motors, personal watercraft, and other small engine products that are sold worldwide. Yamaha Motorbikes are one of the most popular two-wheelers in India ever since the brand entered the Indian market in 1985. The company has been around for a long time and has grown to be one of the leading motorbike manufacturers in the country. The latest addition to the Yamaha bike is YZF-R3, a sports bike that has been making waves in the Indian market with its affordable price and powerful engine performance.
It is the most recommended plan because it provides the best coverage. It offers all-around security against damages caused due to natural or man-made calamities along with theft cover, as well as third-party liability coverage that ensures compensation in case another person is injured. What’s more, you can even opt to strengthen your security with add ons.
Accident, theft, fire etc.
Personal accident cover
Natural calamities
Third-party liability
Choice of add-ons
This policy has a personal accident cover, which provides financial support in case you are involved in an accident. The plan covers expenses incurred due to injuries, property damage, death, disablement suffered by the third party. Moreover, it is a mandatory cover plan according to the Motors Vehicles Act 1988.
Personal accident cover
Third-party property damage
Injury to a third-party person
The key feature of this standalone own damage insurance plan is that it can be used as an addition to the third-party liability coverage plan. It principally protects against personal damages arising due to accidents. Moreover, you also get to customize the plan by opting for add ons.
Accident, theft, fire etc
Natural calamities
Choice of add-ons
This type of plan is for those who have just purchased a new bike. It provides one-year coverage for any damages caused to your bike, and as well as five-year protection for damages suffered by a third-party person/property.
Accident, theft, fire etc
Natural calamities
Personal accident
Third-party liability
Choice of add-ons
Even the most careful drivers can face unfortunate incidents such as accidents and damage to property. Yamaha bike insurance policy covers all of such incidents, however, you get coverage depending on your policy type. For example, the third party bike insurance plan only offers protection against damages suffered by a third-party person/property. Whereas, the comprehensive bike insurance plan covers the following:
Covers financial losses occurred in an accident due to damage to your bike.
Covers against damage to your bike due to incidents like fire and explosion.
In the situation of theft, you will get compensated with the IDV of bike.
Covers against natural and man-made calamities such as earthquakes, floods, riots, and more.
Covers your medical expenses up to Rs. 15 lakhs
Covers injury, death, disablement, and property damage suffered by a third party.
Renewing your Yamaha bike insurance only takes a few minutes. It could be done online by following the simple steps mentioned below:
It's no secret that buying a new Yamaha bike is an expensive affair. The top-end models can cost up to Rs 30 lakh in India. If you are planning on splurging on one of these, then why not protect it with the right insurance? Here are some reasons for you to buy HDFC ERGO Yamaha bike insurance online:
Comprehensive insurance covers theft, fire, accidents, third-party liability, and natural calamities such as earthquakes and floods. This way you can enjoy your Yamaha without having to worry about anything bad happening to it. That's the beauty of an HDFC Ergo policy. It provides complete protection against unforeseen situations.
Another reason why you should choose HDFC ERGO Yamaha bike insurance is our coverage for accidental damage. This is very important in case your vehicle sustains any damage in an accident, or during transit, tire burst, an act of vandalism, etc.
One of the best things about HDFC ERGO is that we deliver what we promise. Our fast turnaround time and quick settlement have propelled us to become India's largest two-wheeler insurer. Nearly 50% of claims are processed on the first day.
Just like your bike, Yamaha bike insurance policies can be tailored to suit your needs.
Cashless settlement of insurance claims has made the entire mechanism easier and hassle-free for our policyholders. This way you can get your claim amount transferred directly into your bank account, allowing you to get back on track with minimal loss in financial resources.
One of the things that can go wrong with a bike is suddenly getting stranded in an isolated place. With our motorcycle insurance, you get 24x7 roadside assistance where we will send an expert to fix your issue or tow your bike back to safety.