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.
With right bike insurance policy you can ride your vehicle with a peace of mind. Yamaha two wheeler insurance offers numerous benefits that cater to the diverse needs of bike owners. Here are some of the key benefits that make Yamaha insurance the best:
Benefits | Description |
AI-based Claim Assistance | AI-enabled tool IDEAS for processing the claim of your Yamaha bike insurance help smoothen up the entire process of cashless claim settlement. |
Online Purchase & Renewal | Yamaha Bike Insurance online services offered by HDFC ERGO are available online which is a seamless process. |
Long Term Cover | Yamaha two-wheeler insurance offers long-term coverage, allowing you to secure your bike for extended periods without the need for annual renewals. |
Renew Without Inspection | You can renew Yamaha bike insurance policy without the need for a vehicle inspection to ensure that your coverage remains uninterrupted. |
24x7 Roadside Assistance | Yamaha two wheeler insurance comes with 24x7 emergency roadside assistance to provide help whenever needed. |
Cashless Claims | With an extensive network of 2000+ authorised garages of HDFC ERGO, you can get your Yamaha repaired without having to pay upfront. |
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.
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.
Purchasing Yamaha insurance is essential for maintaining legal compliance and get your rides secured.
HDFC ERGO has simplified the process for filing a Yamaha insurance claim. You can simply click on https://selfhelp.hdfcergo.com/SelfHelp/Authentication/ClaimRegistration to register the claim with your policy number, mobile number, or registered email address. Then, it must be verified with an OTP, and you can register the claim.
1. As soon as the you face with an accident by your Yamaha bike, you must either take your vehicle, inform customer service or opt for emergency roadside assistance to get the bike towed to the nearest cashless garage.
2. Once the vehicle reaches any network garages, a surveyor will assess your bike for all damages.
3. Then, you need to file a bike insurance claim and provide all the necessary documents.
4. You will be notified via SMS and email at every stage of the claim process.
5. Once your Yamaha vehicle is ready, you need to pay your share of the claim directly to the garage, including the compulsory deductible, depreciation, etc. The approved amount of the claim would be paid directly to the garage.
6. You will receive a claims computation sheet with a detailed breakdown for your records.
7. You can also track your claims online: https://selfhelp.hdfcergo.com/SelfHelp/Authentication/ClaimStatus.
Here’s how ypu can buy Yamaha bike insurance:
1. After visiting the home page of HDFC ERGO website, click on two wheeler insurance.
2. You can find the premium online by sharing your bike number or opting for a Yamaha insurance plan without providing it.
3. You need to enter the bike’s details, such as:
a. Brand of the Yamaha bike
b. The model and its variant
c. Registration city and RTO
d. Year of registration.
4. Once these details are entered, you need to click on “Get Quote.”
5. The IDV (insured declared value) of the bike is given as per the year of registration, which can be changed according to your vehicle’s condition.
6. Certain details need to be entered for older bikes, such as:
a. Claim status since inception
b. The No Claim Bonus of the bike (as provided in the previous policy)
c. The expiry date of the previous policy
d. The type of plan that you choose, such as:
i. Comprehensive bike insurance plan
ii. Third-party-only bike insurance plan
iii. Standalone own-damage bike insurance plan, provided you have a valid third-party-only plan.
Note: Since new bike owners are required to buy 5-year third-party coverage, they can opt for an own-damage-only plan for the next four renewals.
7. Then you need to choose the tenure of your Yamaha bike insurance plan of 1 year, 2 years or 3 years.
8. Also, you can opt for the additional covers such as no claim bonus protection, engine protection along with:
a. Personal accident coverage is mandatory for bike owners with a valid driving license.
b. Legal Liability Cover, etc.
9. Once all details are accurately provided and checked, you need to confirm and then continue to make an online payment.
10. You need to enter your name, address and other details to complete the process.
11. After the completion of the payment, you will receive the insurance policy in your registered email address.