Yamaha MT 15 Insurance

Popular MT 15 Variants with Insurance Premium

*Disclaimer: Your Yamaha MT 15 Insurance premium prices may vary from insurance provider to insurance provider depending on elements like make, model, variant, ex-showroom price, RTO year and location, IDV and others.

Reasons to Buy Yamaha MT 15 Insurance Online From Policybazaar.com

Getting your MT 15 Insurance online from Policybazaar.com offers several advantages:

• Compare the MT 15 Insurance prices offered by trusted lenders under a single roof and find the plan that is best for you.
• You can customise your insurance by adding extras like engine protection cover, pillion rider coverage, NCB (No Claim Bonus), and more.
• Make hassle-free MT 15 insurance renewal online.
• Take advantage of premium reductions with discounts while maintaining complete bike coverage.
• Experience a swift claim process for damage repairs, whether you opt for a cashless claim or reimbursement claim.
• With our 24/7 customer service, you can get all your questions answered and issues resolved. We are committed to caring for your needs. Contact us at 1800-258-5970 at any time.
• Secure the comprehensive Yamaha MT 15 insurance policy, which covers both third-party and own-damage coverage online in a matter of minutes.

*Disclaimer: These are general inclusions and exclusions. Refer to your policy papers to understand the extent of coverage.

Yamaha MT 15 Insurance Add-ons

You can boost your MT Insurance with add-ons. You can get these additional riders while buying or renewing your policy. Each add-on enhances the overall protection of your bike targeting specific needs.

Below are some of the popular options:

• Personal Accident Cover: This cover has been mandated under the Motor Vehicles Act 1988 and provides ₹15 lakh coverage following the IRDA guidelines for licensed bike owners aged 18-65. This crucial add-on protects the riders against mishaps on the road and can be bought along with third-party or comprehensive bike insurance.
• Return to Invoice Cover: This is an important cover that shields you financially against the theft or loss of your bike. It ensured the recovery of the original purchase price, including road tax and registration payments, eliminating depreciation, and offering a more secure and useful safety net for policyholders.
• Zero Depreciation Cover: This add-on prevents deductions in claim amounts due to wear and tear. It pays the whole cost of replacing bike parts during claims, reducing out-of-pocket payments and ensuring that policyholders are not burdened financially.
• NCB Protection Cover: NCB cover is quite useful and maintains your No Claim Bonus even after making a claim. This add-on allows you to keep your earned bonus, assuring safe driving benefits while also offering additional coverage during the timeline of insurance.

How to Buy/Renew Yamaha MT 15 Insurance Online?

Using Policybazaar.com to buy or get Yamaha MT insurance renewal online is simple and quick:

• Step 1: Navigate to Policybazaar.com on your browser.
• Step 2: Click on the 'Bike Insurance' option under the 'Insurance Product' section on the homepage.
• Step 3: Enter the bike's registration number to generate an MT 15 insurance price list. If you purchase new MT 15 insurance, just select 'Bought a New Bike' and provide the required information, such as the bike's make, model, RTO and year.
• Step 4: Examine the MT 15 insurance prices provided by leading insurers and select the one that best suits your needs, whether third-party liability insurance or comprehensive coverage.
• Step 5: To improve your coverage, you can pick add-ons to ensure optimal protection for your MT 15 bike.
• Step 6: Provide your personal details and proceed to purchase.
• Step 7: Select any preferred payment method and pay your premium online. Once the payment is received, your Yamaha MT 15 insurance documents will be mailed to you.

How to File Yamaha MT 15 Insurance Claims?

1. Cashless Claim Settlement:

   Filing a cashless claim is a simple process. Understand the steps:

   • Step 1: Contact your insurance provider immediately after your MT 15 bike sustains any damage to start the claim process.
   • Step 2: A surveyor will visit to assess the damages to your bike and authorise repairs.
   • Step 3: Once your claim gets approved, take your Yamaha MT 15 to an insurer-approved network garage for repairs.
   • Step 4: The insurer will settle the repair costs directly with the garage.

2. Reimbursement Claim Settlement:

   Keep in mind these steps when filing reimbursement claims:

   • Step 1: Notify your insurer immediately after any damages to your bike and provide details to start your claim process.
   • Step 2: A surveyor will assess the damage and compile details to sanction the type of repairs and the amount.
   • Step 3: It typically takes 48 hours to finish and submit a report after the inspection.
   • Step 4: Submit the claim, filled and signed, form along with the required documents like driving licence, pollution under control certificate, policy papers and others to your insurer.
   • Step 5: You can take your MT 15 bike to any of your preferred garages for repairs and pay the costs upfront.
   • Step 6: Submit the original repair bills to receive reimbursement from your insurer.

Documents Required for Yamaha MT 15 Insurance Claims

To file a claim, you will need to prepare the following documents:

• FIR Copy (if the incident involves fire, death, property damage, or third-party injuries)
• Registration Certificate (RC) copy
• Repair Bills and receipts (for reimbursement claims)
• Valid Driving License
• Claim Form (filled and signed)
• KYC Documents (if the damage exceeds ₹1 lakh).
• Original Repair Bills (for reimbursement)

Additional Documents for Yamaha MT 15 Insurance Claims

Some additional documents needed to process claims:

• Letter of Subrogation
• FIR Copy (if case of theft or fire)
• Keys /Purchase Invoice
• RTO Letter (declaring MT 15 bike as 'No Use')
• Original Yamaha MT 15 Insurance Documents
• NOC from Financer (if your bike is financed)
• Non-Traceable Report
• Original RC