Yamaha SS Bike with Insurance Premium
SS Bike | Zero Dep Cover* (Add-on Cover) | Estimated SS Insurance Price List* (1+5 Bundled Policy) |
Yamaha SS 125 (123 cc) | ₹156 | ₹3,945 |
*Disclaimer: The SS insurance price may fluctuate from provider to provider depending on factors like IDV, ex-showroom price, variant, past claims, etc.
Reasons to Buy Yamaha SS Online from Policybazaar.com
Buying an SS insurance policy online through Policybazaar.com offers you various benefits:
- Take advantage of NCB discount to make your SS insurance price reasonable and affordable.
- Enjoy speedier claim settlements, whether you choose cashless or reimbursement settlement process.
- Easily customise your policy and enhance your coverage with add-on options like zero depreciation, roadside assistance, personal accident, engine cover, etc.
- Enjoy third-party damage coverage, protecting against any injury, damage, or loss caused to a third party in the event of an accident.
- Easily compare SS insurance price list from leading providers to discover coverage that best meets your requirements and fits the budget.
- Benefit from a rewarding No Claim Bonus (NCB) on your premium if you don't make any claims during the policy term.
- Throughout the purchase or renewal process, you can rely on professional customer assistance to answer any questions or issues. Call 1800-258-5970 for immediate assistance.
Coverage Under Yamaha SS Insurance
- Inclusions
- Exclusions
The Yamaha SS insurance policy covers the following:
- Third-party liability insurance, protecting against any harm or damage to another person or property, involving the insured bike.
- Personal accident insurance for the owner-rider, providing compensation for injuries, impairments, and death.
- Any accidental damages to the bike.
- Losses or damages due to fire and explosion.
- Damage incurred while transporting the bike.
- Loss or damage caused by natural catastrophes such as floods, earthquakes, or storms.
- Damage caused by civil unrest, such as riots, strikes, and vandalism.
- Any damages or losses due to theft.
The Yamaha SS insurance policy excludes coverage for:
- Losses caused by war, nuclear threats, or civil unrest.
- Damages incurred while riding the insured bike outside the policy-specified geographical boundaries.
- Consequential losses that go beyond the initial impact.
- Accidents caused by either intentional harm or negligence.
- Damages caused when driving under the influence of alcohol or drugs.
- Any losses or damages while riding without a legal driver's license.
- Normal wear & tear, depreciation, and mechanical/electrical problems.
*Disclaimer: The above-mentioned are generic coverages that may vary from insurer to insurer.
Yamaha SS Insurance Add-ons
Enhance your Yamaha SS insurance policy with a choice of add-ons that provide customised coverage to fit your specific requirements. These add-ons offer comprehensive protection to your insured bike, offering peace of mind when riding.
Here are some popular add-ons/rider options for Yamaha SS insurance:
- Pillion Rider Cover: The Pillion Rider add-on extends personal accident coverage to the pillion rider, providing financial compensation for injuries, impairments, or accidental death during the journey. It ensures passenger safety, which is equally important.
- Engine Protection Cover: This add-on protects your insured bike's engine from damages or depreciation caused by non-collision mishaps such as water entry or oil leaking. It is ideal for areas prone to high rainfall or flooding and provides you a financial cover, saving money on repairs.
- Return to Invoice Cover: If your insured bike is lost or stolen, this add-on reimburses you for the original invoice amount, including road tax and registration payments. It closes the difference between your bike's insured stated value (IDV) and the actual purchase price.
- Zero Depreciation: This add-on allows you to recover the entire cost of repairs or replacements without suffering any reduction due to depreciations of parts made of plastic, rubber, and fibre. It guarantees you receive the highest compensation while minimising out-of-pocket expenditures.
How to Buy/Renew Yamaha SS Insurance Online?
Follow these simple steps to purchase or make the SS insurance renewal online at Policybazaar.com:
- Step 1: Open your browser and go to Policybazaar.com.
- Step 2: Navigate to the 'Insurance Products' section and select 'Bike Insurance'.
- Step 3: Enter your Yamaha SS registration number and click 'View Prices'. If you do not have the registration number, select 'Bought a New Bike' and enter the information make, model, variation, and year of registration.
- Step 4: Review the SS insurance price list from multiple insurers and examine their features, coverage, and premium pricing, before deciding which one best meets your needs.
- Step 5: To strengthen your coverage, you can consider add-ons like Personal Accident Cover, Engine Protection or Pillion Rider Cover.
- Step 6: Provide details like your name, contact information, and address.
- Step 7: Choose your desired payment method- credit/debit card, net banking, or UPI. Once your payment is verified, you will get your Yamaha SS insurance paperwork over the email.
How to File Yamaha SS Insurance Claim?
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Cashless Claims Process
If you want to file a cashless claim for your Yamaha SS, follow these steps:
- Step 1: Notify your insurance provider of the damage immediately. Prompt reporting begins the claims procedure.
- Step 2: The insurance provider will send a surveyor to assess the damage and authorise the necessary repairs.
- Step 3: Once the surveyor has approved, the insurer will confirm the repair charges. Send your bike to the nearest network garage for maintenance.
- Step 4: After the repair is completed, the insurance provider will cover the repair costs directly with the garage, saving your out-of-pocket expenses.
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Reimbursement Claim Process
To file a reimbursement claim, follow these steps.
- Step 1: Contact your insurer and report damages to begin a reimbursement claim, notify your insurance of the occurrence as soon as possible.
- Step 2: Your insurance provider will hire a surveyor to inspect the damages to your bike.
- Step 3: The surveyor will produce a detailed evaluation report within 48 hours and submit it to the insurer.
- Step 4: Fill out the claim form and submit it with original invoices, receipts, and any other relevant documents.
- Step 5: Once your claim has been approved, send your bike to your choice of garage for repairs and settle the charges upfront.
- Step 6: The insurer will transfer the amount for the damages immediately to your bank account.
Documents Required for Yamaha SS Insurance Claim
When filing a Yamaha SS insurance claim, ensure you have the following documents:
- Copy of the bike's Registration Certificate (RC).
- Original repair bills and receipts (for reimbursement claims).
- Copy of your valid driving license.
- FIR copy (mandatory in cases involving fire, death, property damage, or third-party injuries)
- KYC (required if the damage exceeds ₹1 lakh)
- Repair bills for your bike.
- A duly filled and signed claim form.
Additional Documents Required for Yamaha SS Insurance Claims
- Original Yamaha SS insurance policy
- FIR for legal incidents
- Original RC of the bike
- Non-traceable report for theft
- Bike keys or purchase invoice
- Letter of Subrogation
- NOC from financer (if financed)
- RTO letter declaring bike 'No Use'
Yamaha SS Insurance FAQs
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Q. How long does the SS Insurance policy last?
Ans: It is mandatory to get a 5+1-year SS insurance when purchasing a Yamaha SS bike that features 5-year third-party cover and 1-year own-damage protection. -
Q. What is third-party Yamaha SS Insurance?
Ans: A third-party Yamaha SS insurance policy protects financial liabilities against damage to a third party's vehicle, personal property, and any physical injuries. -
Q. Can I file claims under SS insurance online?
Ans: Yes, you can make claims under SS insurance online through the insurer's website or platform, following their mentioned procedures for cashless or reimbursement claims. -
Q. What is the meaning of the policy number in my Yamaha SS Insurance?
Ans: The policy number for your SS insurance is a distinct identifier used by your insurance provider to manage your account. It is mentioned on your insurance card, as well as on invoices and statements from your insurer. -
Q. What is IDV in my SS insurance policy?
Ans: IDV (Insured Declared Value) is the maximum sum insured by the insurer for your SS bike in case of total loss or theft, calculated using the vehicle's current market value, minus depreciation.
Two Wheeler insurance articles
^The renewal of insurance policy is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. Actual time for a transaction may vary subject to additional data requirements and operational processes.
^The buying of Insurance policy is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. Actual time for transaction may vary subject to additional data requirements and operational processes.
#Savings are based on the comparison between highest and the lowest premium for own damage cover (excluding add-on covers) provided by different insurance companies for the same vehicle with the same IDV and same NCB.
*TP price for less than 75 CC two-wheelers. All savings are provided by insurers as per IRDAI-approved insurance plan. Standard T&C apply.
*Rs 538/- per annum is the price for third party motor insurance for two wheelers of not more than 75cc (non-commercial and non-electric)
#Savings are based on the comparison between the highest and the lowest premium for own damage cover (excluding add-on covers) provided by different insurance companies for the same vehicle with the same IDV and same NCB.
*₹ 1.5 is the Comprehensive premium for a 2015 TVS XL Super 70cc, MH02(Mumbai) RTO with an IDV of ₹5,895 and NCB at 50%.
*Rs 457/- per annum is the price for the third-party motor insurance for private electric two-wheelers of not more than 3KW (non-commercial).The list of insurers mentioned are arranged according to the alphabetical order of the names of insurers respectively.Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. The list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in