Popular Yamaha Fazer Variants with Insurance Premium
Fazer Bike | Zero Dep Cover* (Add-on Cover) | Estimated Fazer Insurance Price List* (1+5 Bundled Policy) |
Yamaha Fazer 153 cc (153 cc | ₹Nil | ₹7,494 |
Yamaha Fazer Dx (125 cc) | ₹Nil | ₹3,928 |
Yamaha Fazer FI (149 cc) | ₹Nil | ₹4,006 |
Yamaha Fazer FI V2 (149 cc) | ₹Nil | ₹3,995 |
Yamaha Fazer LX (125 cc) | ₹Nil | ₹3,934 |
*Disclaimer: The table is for reference purposes only. Your Fazer insurance price may differ from insurer to insurer depending on factors like IDV, zero depreciation cover, ex-showroom price, etc.
Reasons to Buy Yamaha Fazer Insurance Online from Policybazaar.com
Purchase Fazer insurance online at Policybazaar.com and enjoy a plethora of benefits:
- Easily customise your coverage with worthwhile add-ons like pillion rider cover, personal accident cover, engine protection and more.
- Navigate through a comprehensive Fazer insurance price list offered by several insurers in one place to discover competitive pricing without compromising coverage.
- Receive policy premium discounts while enjoying comprehensive protection.
- It only takes a few clicks to make Yamaha Fazer insurance renewals online.
- Whether you opt for cashless repairs or damage reimbursement, you can expect quick claim settlements under your Fazer insurance.
- With insurance of two wheelers, you also get roadside assistance in breakdown events - fuel refill, battery jumpstart, any minor repairs, towing help and emergency support in case of accidental damages.
- Avail the benefits of NCB (No Claim Bonus) for every claim-free year. Any claims filed for the repair of rubber, plastic, fibre, glass or other consumable parts do not have any effect on NCB.
Coverage Under Yamaha Fazer Insurance Policy
- Inclusions
- Exclusions
The Fazer insurance policy provides comprehensive protection under the following conditions:
- Accidental or collision damages.
- Financial shield of third-party and personal accident cover in incidents involving damages or injuries to the third party and the rider.
- Complete or partial protection against theft.
- Protection against damages by cyclones, earthquakes, floods, and other natural catastrophes.
- Security against losses by riots, strikes, or vandalism.
- Provides coverage for losses brought on by fires, explosions, and other events.
- Financial protection for damages sustained while the bike is being transported by train, road, air, or water.
There are certain exclusions under the policy:
- The policy does not cover wear, mechanical problems, and progressive depreciation.
- Any harm sustained while riding while under the influence of drugs or alcohol is not covered.
- Riding without the required documentation or a valid licence voids the claim.
- Any intentional damages are not covered.
- The policy covers no consequential damages or indirect losses.
- Any damages or injuries beyond the coverage area's geographical bounds are not covered.
*Disclaimer: Coverage may vary depending on the insurer. Read your policy documents for full disclosure.
Yamaha Fazer Insurance Add-ons
You can modify your coverage with extra add-ons to your Yamaha Fazer insurance policy and increase the extent of your coverage. These riders offer comprehensive coverage, protecting your bike against damages and unforeseen repair costs while adapting the policy to your preferences.
Below are some popular options:
- 24/7 Roadside Assistance Cover: This add-on provides ongoing assistance with roadside difficulties such as breakdowns, flat tyres, and fuel shortages. Towing and basic repairs are included, along with pick-up and drop-off services, assuring stress-free trips with no delays and providing fast assistance when needed.
- Consumable Cover: This covers the cost of engine oil, bolts, grease, and coolants during repair. This add-on guarantees that even small but necessary components are covered, lowering unexpected maintenance expenses and making repairs more reasonable.
- Pillion Rider Cover: This vital add-on provides financial protection for your pillion in the event of an accidental injury. It covers medical bills and offers reimbursement, giving you and your passenger piece of mind throughout the journey.
- Engine Cover: The engine is the most important part of the bike and its maintenance is of topmost priority. Engine cover gives financial aid against repair expenditures caused by water infiltration, oil leaks, breakage or unanticipated damages to the bike's engine. This add-on keeps your bike's engine safe and in good condition regardless of the circumstances.
How to Buy/Renew Yamaha Fazer Insurance Online?
Purchase or renew Yamaha Fazer insurance instantly through Policybazaar.com with the easy steps below:
- Step 1: Click on 'Bike Insurance' from the 'Insurance Products' section on the Policybazaar.com website.
- Step 2: Click 'View Prices' after entering the registration number and generate a Yamaha Fazer insurance price list from multiple insurers. Otherwise, enter the 'Bought a New Bike' option with the bike's information (make, model, year, and variant) if you're purchasing insurance for a new bike.
- Step 3: Explore Fazer insurance prices by trusted providers and choose the type of insurance you need, third-party liability or comprehensive coverage plan.
- Step 4: Select one or multiple of the available add-ons to improve your coverage.
- Step 5: To continue, enter your personal information (name, address, phone number, etc.).
- Step 6: To finish your transaction, make a premium payment using any of the preferred gateways (net banking, debit/credit card, or UPI).
- Step 7: Once the payment is processed, your Yamaha Fazer insurance policy will be emailed to you instantly.
How to File Yamaha Fazer Insurance Claim?
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Cashless Claim Settlement
For cashless claim settlement, follow the mentioned process:
- Step 1: Contact your insurance company immediately when your Yamaha Fazer sustains any damages.
- Step 2: The insurer will assign a surveyor to evaluate the bike's damages and finalise the repair formalities.
- Step 3: Once your claim is approved, take your bike to one of the insurer-approved network garages for cashless repairs.
- Step 4: The insurance company will pay the garage directly for the repairs.
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Reimbursement Claim Settlement
To file for reimbursement claim, remember the following steps:
- Step 1: Notify your insurance provider as soon as possible after the damage occurs and detail the damages to the insured bike.
- Step 2: An appointed surveyor will visit to examine the damages to your Yamaha Fazer.
- Step 3: After assessing the damage, a surveyor prepares a detailed report and submits it to the insurer, often within 48 hours.
- Step 4: Complete the claim form and send it along with the other necessary paperwork requested by the insurer.
- Step 5: You can take your Fazer bike to a local mechanic for repairs. You will have to pay for the repairs upfront from your pocket.
- Step 6: Submit the original bills and receipts to your insurer, and you will receive reimbursement directly in your registered bank account.
Documents Required for Yamaha Fazer Insurance Claims
To submit your claim for Yamaha Fazer Insurance, you will need to provide the following documents:
- FIR Copy (if the incident involves fire, property damage, death, or third-party injury)
- Driving License
- KYC Documents (for claims above ₹1 lakh)
- Registration Certificate (RC) copy
- Claim Form (signed and filled out)
- Repair Bills
- Payment receipts (for reimbursement)
- Original Repair Bills (for reimbursement claims)
Additional Documents Required for Yamaha Fazer Insurance Claims
The following additional documents must also be kept ready:
- Subrogation Letter
- FIR Copy (for theft, fire or accident)
- Keys /Purchase Invoice
- RTO Letter (to declare the bike as 'No Use')
- Original Fazer Insurance Papers
- NOC from Financer
- Non-Traceable Report
- Original RC
Yamaha Fazer Insurance FAQs
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Q. Can I change my insurance provider for Fazer insurance?
Ans: Yes, you can shift your Fazer insurance policy. You can easily change providers at the time of Fazer insurance renewal, or you can purchase a new policy when your existing one expires. -
Q. What is the time frame for bike insurance policy renewal?
Ans: You must renew your expired policy within 30 and some insurers even provide a grace period of up to 90 days. -
Q. Can I file a claim if my RC is not renewed?
Ans: Bike Registration Certificate (RC) is one of the crucial documents when filing claims. Without a valid RC, your insurance claim will not be processed. -
Q. Can I get a personal accident add-on at the time of my Fazer insurance policy renewal?
Ans: Yes, you can easily get the add-on at the time of policy renewal and any additional add-ons you may require to enhance your Fazer insurance coverage.