Yamaha RX Bike with Insurance Premium
RX Bike | Zero Dep Cover* (Add-on Cover) | Estimated RX Insurance Price List* (1+5 Bundled Policy) |
Yamaha RX 100 (100 cc) | Nil | ₹3,886 |
*Disclaimer: The RX insurance price will fluctuate depending on factors like the ex-showroom price, past claims, zero depreciation cover, IDV and others.
Reasons to Buy Yamaha RX Insurance Online from Policybazaar.com
Unlock multiple benefits by purchasing your Yamaha RX Insurance online from Policybazaar.com:
- You can review quotes from reputed insurers in one place and select the best-suited plan.
- Customise your policy with add-ons such as zero depreciation coverage, engine protection, and roadside assistance to provide an extra layer of protection against unforeseen events.
- Protect your bike with comprehensive RX insurance that covers personal damage, third-party liabilities, and natural disasters, providing all-around coverage.
- Get on-the-spot assistance for breakdowns, such as gasoline delivery, towing, battery jumpstarting, and more, so help is never far away.
- Have questions or concerns? Contact the customer care team anytime at 1800-258-5970 for reliable and prompt support.
- Get discounts on policy purchases and enjoy more affordable deals.
- Easily calculate RX Insurance price online using the premium calculator tool and pick plans as per your needs.
Coverage Under Yamaha RX Insurance Policy
- Inclusions
- Exclusions
The RX insurance covers the following instances:
- Damages to the bike during transportation.
- Complete or partial loss in events of theft or burglary.
- Accidental or collision sustained by the insured RX bike.
- Natural calamity damage such as storms, floods, and earthquakes.
- Third-party liability for injury or property damage in an accident by the insured bike.
- Damage brought on by man-made catastrophes- strikes, riots, or vandalism.
- Fire or explosion damage.
- Owner-rider personal accident insurance that covers risks like harm, disability, or death.
The following are not covered under the Yamaha RX insurance:
- Loss or damage sustained when riding while under the influence of drugs or alcohol.
- Natural depreciation due to age or idleness, or electrical and mechanical malfunctions of the insured RX bike.
- Intentional or accidental damages due to carelessness.
- Indirect or consequential damages/losses.
- Damages to the bike outside of the policy's specified geographic bounds.
- Loss or damages in events of mutiny, war, or nuclear threats.
*Disclaimer: The extent of coverage can differ for different insurance providers. Go through your policy papers to understand the precise inclusions and exclusions under your selected plan.
Yamaha RX Insurance Add-on Covers
You can opt for add-ons/rider to customise the Yamaha YZF R3 insurance policy with optional add-ons for further protection. These additions offer special protection, safeguarding your bike from all angles, and also taking care of preferred coverage and needs.
Some popular choices include:
- Zero Depreciation Cover: This add-on provides full claim payment without accounting for depreciation on bike parts during repairs. It maximises compensation for replacement expenses, lowering your financial load while protecting your bike without compromise, regardless of its age.
- 24/7 Roadside Assistance Cover: This coverage provides round-the-clock help for roadside situations such as breakdowns, flat tyres, and fuel shortages. Whether it's towing or simple repairs, you'll receive prompt assistance, assuring smooth trips without the stress of being stuck.
- Consumable Cover: This add-on covers the cost of consumables such as engine oil, nuts, bolts, grease, and coolants required in repairs. With this cover, even minor but critical components are covered, reducing out-of-pocket payments for routine bike maintenance.
- Personal Accident Cover: This is a very useful and important cover that provides financial protection against the rider's injuries, permanent disability, or accidental death. It provides peace of mind by covering medical expenditures or compensation, as well as helping you and your family in the case of an emergency.
How to Buy/Renew Yamaha RX Insurance Online?
On Policybazaar.com, you can purchase or Yamaha RX insurance renewal can be done by following the below steps:
- Step 1: Navigate to the official website of Policybazaar Insurance Brokers Private Limited.
- Step 2: From the 'Insurance Products' section on the homepage, click on 'Bike Insurance'.
- Step 3: After entering the registration number for your Yamaha RX, select 'View Prices' to generate Yamaha RX insurance prices. Choose 'Bought a New Bike' and enter the bike's make, model, year, and variant to buy insurance for a new bike.
- Step 4: Review the RX insurance price list from multiple insurers and select the type of policy you want- a comprehensive bike insurance cover or third-party bike insurance plan.
- Step 5: You can choose add-ons like Roadside Assistance cover or Zero Depreciation cover to improve your coverage.
- Step 6: Provide your name, address, and phone number to proceed.
- Step 7: Use a credit/debit card, net banking, UPI, or other convenient payment methods and pay your premium online. You will swiftly receive your Yamaha RX insurance policy document over your email after the payment is successful.
How to Claim Yamaha RX Insurance Online?
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Cashless Claim Process
To submit a cashless claim remember these steps:
- Step 1: Report any damage to your Yamaha RX bike to your insurance company right away. to ensure a speedy claim process.
- Step 2: Your insurer will assign a surveyor to examine the extent of damages to the insured bike and confirm the required repairs.
- Step 3: The insurance provider will determine the cost of repairs following the surveyor's evaluation. Deliver your damaged RX bike to one of the network garages for repairs.
- Step 4: The network garage will fix your bike after the repairs are approved, and the insurer will take care of the expenses directly with the garage.
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Reimbursement Claim Process
Follow these steps for reimbursement claim:
- Step 1: Report the incident right away to your insurer and start the reimbursement claim procedure.
- Step 2: A surveyor appointed by the insurer will visit to assess the damage to your motorcycle.
- Step 3: Based on their assessment, the surveyor will produce and submit a report within 48 hours.
- Step 4: Fill and sign the claim form and ready the crucial documents like invoices, receipts, RC and any other paperwork requested by your insurer.
- Step 5: Once your claim gets accepted, take your bike to your preferred repair shop to get it fixed. Pay the expenses out-of-pocket there and submit receipts to the insurer.
- Step 6: The insurance provider will compensate you by transferring the approved reimbursement amount to your bank account.
Documents Required for Yamaha RX Insurance Claim
To process your RX insurance online claim, you must furnish the following documents:
- Registration Certificate (RC) copy
- Bills related to repair
- FIR copy (if the incident involves fire, death, property damage, or third-party injuries)
- Duly filled and signed claim form
- Driving license copy
- Original repair bills and receipts (for reimbursement)
- KYC details (if the damage is above ₹ 1 lakh)
Additional Documents Required for Yamaha RX Insurance Claims
The additional documents for your Yamaha RX insurance claim:
- Non-Traceable Report
- RC
- Letter of Subrogation
- Original RX insurance documents
- FIR
- NOC from the Financer (in case of loan)
- RTO letter declaring 'No Use'
- Keys/Purchase Invoice
Yamaha RX Insurance FAQs
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Q. Can I take add-ons with my existing RX insurance policy?
Ans: Yes, you can get add-ons with your existing policy. You can buy add-ons while purchasing a new plan or renewing existing RX insurance online. -
Q. What is third-party coverage in RX insurance?
Ans: Third-party liability insurance policy shields you financially against the losses or damages caused to third parties, persons or property, during accidents involving your insured bike. -
Q. Does my bike's cc affect the RX insurance price?
Ans: Yes, your RX bike's cubic capacity (cc) affects the cost of RX insurance. The higher the cc, the more the RX insurance price. -
Q. What is No Claim Bonus?
Ans: No Claim Bonus or NCB is the reward in the form of discounts provided by the insurer for the year you have not made a single claim under the policy. -
Q. What is IDV in RX insurance?
Ans: IDV or Insured Declared Value is the maximum amount your RX bike can be insured. In the event of total loss due to accidents or theft of the insured bike, you can claim the sum insured.