Yamaha FZ 16 Insurance

Popular Yamaha FZ 16 Variants with Insurance Premium

*Disclaimer: The FZ 16 insurance price is subject to change influenced by factors like make, variant, ex-showroom cost, past claims, RTO location, etc.

Reasons to Buy Yamaha FZ 16 Insurance Online from Policybazaar.com

Enjoy multiple conveniences when buying FZ 16 insurance online through Policybazaar.com:

• Depending on your needs, you can upgrade your FZ insurance policy with NCB, engine protection, zero depreciation, or pillion rider coverage.
• No matter where you are, renew your FZ insurance online quickly and easily.
• Look through FZ Insurance price lists from leading insurance companies, evaluate plans, and select the one that best suits your spending limit.
• Obtain FZ insurance online within minutes, that covers both third-party and own-damage liability.
• Maintain a full coverage plan while saving more money on premiums with discounts.
• Take advantages of cashless repairs for your FZ 16 bike at network garages without burdening your pocket
• Get zero depreciation add-on and make claims without losing money on depreciated parts of the bike.

*Disclaimer: The extent of coverage may change depending on the policy type and insurer. thoroughly read your policy papers.

Yamaha FZ 16 Insurance Add-ons

To customize your Yamaha FZ 16 insurance policy, consider opting for various add-ons that enhance your coverage. These optional riders offer protection and cover different aspects of risk associated with motorcycle ownership. By selecting the right add-ons, you can ensure that your bike is well-protected from unforeseen events.

Here are some options for add-ons to provide a more comprehensive safety net for your ride:

• Consumable Cover: This add-on covers the costs of consumables such as engine oil, nuts, bolts, grease, and coolants needed during repairs. This protection includes all minor components, minimising your out-of-pocket expenses for routine motorcycle maintenance.
• Personal Accident Cover: This vital coverage offers financial protection for the rider's injuries, permanent disability, or accidental death. It ensures peace of mind by covering medical expenses and providing compensation, supporting you and your family during emergencies and unforeseen circumstances.
• Pillion Rider Cover: This add-on offers financial protection for your pillion rider in case of an accidental injury while riding. It covers medical expenses and compensation, ensuring you and your passenger can enjoy your journey with confidence and peace of mind.
• Return to Invoice Cover: This add-on enables you to reclaim the full invoice value of your motorcycle in the event of theft or total loss due to severe damage. It bridges the gap between the insured amount and the original purchase price, ensuring you receive maximum reimbursement for your investment.

How to Buy/Renew Yamaha FZ 16 Insurance Online?

Follow these steps to purchase or make a Yamaha FZ 16 insurance renewal in a hassle-free process with Policybazaar.com:

• Step 1: Go to the homepage of Policybazaar.com.
• Step 2: Under the 'Insurance Products' section, select 'Bike Insurance'.
• Step 3: Click 'View Prices' after entering the registration number for your Yamaha FZ 16. However, if purchasing a cover for a new bike, select 'Bought a New Bike' and provide details like the make, model, variant, and RTO details.
• Step 4: Examine the FZ 16 insurance price list and compare policies. Depending on your needs, choose third-party liability coverage or a complete package.
• Step 5: For added benefits, include extra covers like pillion rider or engine protection.
• Step 6: To process your insurance purchase, enter your personal information (your name, address, and phone number).
• Step 7: To finalise the purchase, pay the premium online using a credit/debit card, UPI, or net banking. Immediately following the payment, you will receive the Yamaha FZ insurance documents by email.

How to File Yamaha FZ Insurance Claim?

1. Cashless Claim Settlement

   Steps to file a cashless claim for your Yamaha FZ 16 insurance:

   • Step 1: Immediately after your bike sustains damages, get in touch with your insurance company and begin the claim procedure at once.
   • Step 2: The insurer will choose a surveyor to assess the bike's condition, verify any damage, and authorise any required repairs.
   • Step 3: The estimated cost of repairs will be included in the surveyor's report. For repairs, take your bike to any network garage approved to your insurer.
   • Step 4: The garage will finish the repairs after the insurer gives its approval. The insurance company will pay the garage directly for the repairs.

2. Reimbursement Claim Settlement

   Use these procedures to submit a claim for reimbursement:

   • Step 1: File a claim for reimbursement and notify your insurance provider of the damage right away.
   • Step 2: The insurance company will send a surveyor to inspect the bike to determine the extent of damage.
   • Step 3: The surveyor will produce a thorough damage assessment report in 48 hours.
   • Step 4: Send the insurer the filled-out claim form and any supporting documentation.
   • Step 5: Have the bike fixed at the shop of your choice and pay for it upfront.
   • Step 6: Submit the original invoices and payment receipts to your insurer for reimbursement for the repairs.

Documents Required for Yamaha FZ 16 Insurance Claims

When filing an insurance claim for your Yamaha FZ 16, you'll need to provide:

• FIR copy (for incidents involving fire, third-party injuries, property damage, or death)
• Registration Certificate (RC) copy
• Your driving license
• Repair bills (original, if applicable for reimbursement claims)
• KYC documents (if the claim amount exceeds ₹1 lakh)
• A properly filled and signed claim form

Additional Documents Required for Yamaha FZ 16 Insurance Claims

Depending on the nature of the claim, you may also need:

• Subrogation Letter
• Purchase invoice and keys of the FZ 16
• Non-Traceable Report
• RTO-issued 'No Use' declaration letter
• Original insurance policy documents
• FIR (if applicable)
• NOC from the financer (in case of a loan)