Popular Yamaha SZ RR Bikes with Insurance Premium
SZ RR Bike Variants | Zero Dep Cover* (Add-on Cover) | Estimated SZ RR Insurance Price List* (1+5 Bundled Policy) |
Yamaha SZ RR STD (153 CC) | ₹ 187 | ₹ 7,487 |
Yamaha SZ RR V 2.0 (149 CC) | ₹ 192 | ₹ 3,961 |
*Disclaimer: The Yamaha SZ RR insurance prices mentioned are indicative and can vary based on factors such as the Insured Declared Value (IDV), year and location of registration, chosen add-ons, and your claim history.
Reasons to Buy Yamaha SZ RR Online from Policybazaar.com
You can buy Yamaha SZ RR insurance on Policybazaar.com and enjoy several benefits that make it easy to find the right coverage for your bike:
- Explore a wide range of bike insurance plans from reliable providers to find one that fits your specific requirements.
- Add valuable options like zero depreciation or roadside assistance to increase protection against unexpected situations.
- Check premium details upfront to understand the cost clearly and choose a policy that matches your budget.
- Avail platform-exclusive discounts, making insurance more affordable without compromising on the coverage.
- Complete the purchase or renewal process easily with a straightforward online system that saves time.
- Benefit from smooth claim settlements, whether you prefer cashless repairs at authorised garages or reimbursements.
- For assistance with purchases, renewals, or queries, contact customer support at 1800-258-5970.
Coverage Under Yamaha SZ RR Insurance
- Inclusions
- Exclusions
A Yamaha SZ RR insurance policy typically offers the following coverage:
- Repair expenses for damages caused by accidents.
- Financial coverage for theft-related loss or damage to the bike.
- Damages resulting from natural calamities such as earthquakes, floods, or storms.
- Coverage for damages caused by fire or explosions.
- Losses incurred during transportation by road, rail, or other means.
- Third-party liability for property damage or injuries caused to others.
- Protection against damages due to vandalism, riots, or strikes.
The Yamaha SZ RR insurance policy generally does not cover:
- Damage caused while riding under the influence of alcohol or drugs.
- Wear and tear or depreciation from regular usage.
- Tyre or tube damage unless it is part of an accident claim.
- Losses occurring outside the geographical limits mentioned in the policy.
- Mechanical or electrical failures not associated with an accident.
- Accidents where the rider does not have a valid licence or insurance policy.
- Indirect or consequential losses not directly related to the incident.
- Damages caused by war, nuclear risks, or civil unrest.
*Disclaimer: Coverage terms can vary based on the insurer and policy details. You should thoroughly review the policy document to understand the inclusions and exclusions.
Yamaha SZ RR Insurance Add-ons
Add-ons are optional coverages you can include in your Yamaha SZ RR insurance policy to enhance protection and broaden the scope of coverage for specific situations:
- 24x7 Roadside Assistance Cover: This cover offers immediate help in case of a bike breakdown caused by a flat tyre, battery failure, or running out of fuel. It includes services such as towing, fuel delivery, and minor repairs, ensuring you're not stranded during unexpected situations.
- NCB Protection Cover: The No Claim Bonus (NCB) reduces your premium for every claim-free year. This add-on helps retain your NCB even after making a minor claim, allowing you to continue enjoying premium discounts and saving on future renewals.
- Consumables Cover: This add-on covers the cost of consumable items like engine oil, nuts, bolts, and lubricants used during accident-related repairs. Since these are usually excluded in standard policies, this add-on ensures you don't have to pay for them out of pocket.
- Pillion Rider Cover: This add-on, also called Passenger Cover, offers financial coverage for a pillion rider in case of injuries, disability, or death due to an accident. It provides added security for the person travelling with you, ensuring their safety and peace of mind.
How to Buy/Renew Yamaha SZ RR Insurance Online?
Follow these simple steps to get a new Yamaha SZ RR insurance policy or for SZ RR insurance renewal:
- Step 1: Visit the official website of Policybazaar.com.
- Step 2: On the homepage, go to the 'Insurance Products' section and select 'Bike Insurance.'
- Step 3: Enter your Yamaha SZ RR registration number and click on 'View Prices.' If the registration number is unavailable, select 'Bought a New Bike' and fill in details such as make, model, variant, and year of registration.
- Step 4: Review and compare the available insurance plans from different insurers, focusing on coverage, features, and premium rates to choose the best fit.
- Step 5: Include optional add-ons like Zero Depreciation or Roadside Assistance to improve your policy's protection.
- Step 6: Fill in your personal details, including name, contact number, and address, as required.
- Step 7: Complete the payment using your preferred method, such as a credit/debit card, net banking, or UPI. Once payment is successful, the policy document will be sent to your registered email address.
How to File Yamaha SZ RR Insurance Claim
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Cashless Claim Process
Follow these steps to file a cashless claim for your Yamaha SZ RR insurance:
- Step 1: Inform your insurance provider immediately about the damage to initiate the claim process.
- Step 2: The insurer will assign a surveyor to inspect the damage and approve the necessary repairs.
- Step 3: Take your Yamaha SZ RR to an authorised network garage as suggested by the insurer.
- Step 4: Once the repair is approved, the garage will carry out the necessary work, and the insurer will directly settle the payment with the garage.
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Reimbursement Claim Process
For a reimbursement claim, follow these steps:
- Step 1: Report the incident to your insurer promptly to initiate the claim process.
- Step 2: The insurer will assign a surveyor to evaluate the damage and document the necessary details.
- Step 3: The surveyor will prepare a detailed report based on the inspection, typically within 48 hours.
- Step 4: Submit the completed claim form along with all required documents, including repair bills and receipts, to the insurer.
- Step 5: Get your Yamaha SZ RR repaired at any garage of your choice and pay for the repairs upfront.
- Step 6: After the claim is approved, the insurer will reimburse the approved amount directly to your bank account.
Documents Required for Yamaha SZ RR Insurance Claim
To file a Yamaha SZ RR insurance claim, you will need the following documents:
- FIR copy for theft, fire, property damage, third-party injury, or death cases.
- A completed and signed claim form.
- Registration Certificate (RC) of your Yamaha SZ RR.
- Proof of prior repair work, such as invoices or receipts.
- A valid driving licence.
- Original repair bills or receipts are required for reimbursement claims.
- KYC documents are mandatory for claims exceeding ₹1 lakh.
Additional Documents Required for Yamaha SZ RR Insurance Claims
- A non-traceable certificate if your bike is stolen.
- The original RC of your Yamaha SZ RR.
- FIR copy for theft, fire, or third-party damage cases.
- The original purchase invoice and keys of the bike.
- A subrogation letter to facilitate the claim process.
- An RTO letter confirming the bike is declared as 'No Use' in cases of total loss or irreparable damage.
- No Objection Certificate (NOC) from the financer if the bike is financed.
- The original insurance policy document for your Yamaha SZ RR.
Yamaha SZ RR Insurance FAQs
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Q. What should I do if my Yamaha SZ RR insurance policy lapses?
Ans: You must ensure to renew your insurance policy as soon as it lapses. This will help in avoiding legal issues and financial risks. -
Q. Are modifications to my Yamaha SZ RR covered under insurance?
Ans: Modifications can affect coverage; it's essential to inform your insurer about any changes to ensure they are included in the policy. -
Q. How does the location of registration affect Yamaha SZ RR insurance premiums?
Ans: Bikes registered in urban areas may attract higher premiums due to increased accident risks compared to those registered in rural areas. -
Q. What happens if I don’t renew Yamaha SZ RR insurance on time?
Ans: Failing to renew bike insurance on time can lead to policy lapses. It may also result in loss of accumulated No Claim Bonus and legal penalties for riding uninsured.
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