Insurance is like a spare tyre. You may not require it, but not having one is not an option.
  • Yamaha Two Wheeler Insurance

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    The Yamaha Motor Company is a Japanese-based multi-national motorcycle manufacturer. Originally part of the Yamaha Corporation, the Yamaha Motor Company was established in 1955 by Genichi Kawakami. The company’s headquarters are in Shizuoka, Japan and it manufactures a vast range of products from scooters, motorcycles, motors, fishing boats, off-road vehicles and snowmobiles. The company is synonymous with motorcycles, especially racing bikes, with Yamaha being the market leader in the segment.

    Yamaha has a presence in India as well, with the company beginning their India operations in 1985. They have grown from strength to strength since then. At present they have over 400 dealers across the country, part of their 1200 consumer touch-points. The company manufactures its top of the line bikes at two plants, one based in Surajpur, Uttar Pradesh and the other in Faridabad, located in Haryana.

    Yamaha emphasises on customer satisfaction and quality over all else, enabling it to corner a large percent of the Indian bike market. It constantly strives for perfection through its research division and ensures its services are unmatched through its dedicated sales and services to its customers.

    Yamaha manufactures bikes and scooters to suit every budget, with the average price ranging from Rs. 40, 000 to over 25 lakh. So whether you’re looking for a compact scooter or a racing machine, Yamaha has just the two wheeler for you.

    With the thrills that come with your new scooter or bike are also the risks of an untoward incident like an accident or mishap taking place. To protect both you and your two wheeler from these, it is recommended that you buy an insurance plan , so you can ride without the worry of astronomical repair/ allied costs. In an effort to safeguard riders, the government too has enacted a new law mandating all two wheelers be covered by third party insurance.

    Now that you have to buy insurance for your two wheeler comes the question- which one do you choose? There are a number of providers in the market that provide best bike insurance in india. The kind of two wheeler you possess, the insurance type you are looking at, the premium amount and the total cost after taxes and deductions are points you should bear in mind before you pick an insurance provider for your two wheeler.

    Buying insurance is a simple process nowadays, as you can buy and renew it online. You can choose from a 1 year policy and renew it yearly, or opt for a 3 year insurance term. Two wheeler insurance covers damage or losses resulting out of:

    Natural calamities: in the event of earthquakes, fires, floods, storms and hurricanes, lightning strikes or self-ignition, landslides and rockslides as well as tempests and typhoons, the insurer will cover the cost.

    Man-made calamities: in the event of theft, acts of terrorism, accident, riots, malicious activities or damage suffered during air, road or rail transit, the insurer will cover the cost of damages.

    Two Wheeler Insurance Online

    Benefits of Yamaha Bike Insurance:

    • Vehicle accessories can be insured under electrical or non-electrical accessories.
    • Easy and hassle-free renewal and first time insurance purchase.
    • A discount of 2.5% for vehicles with an anti-theft device approved by ARAI installed.
    • Tow facility in case of an accident or a breakdown.
    • Co-passenger accident coverage (optional).

    Insurance Companies Providing Yamaha Bike Insurance Policy:

    There are a number of insurance firms that provide insurance for Yamaha two wheelers, with HDFC Ergo and Bajaj Allianz being two of them.

    A list of the coverage provided by both is given in the table below:

    Services HDFC Ergo Bajaj Allianz

    Anti-theft

    No

    No

    Electrical Accessories

    No

    Yes

    Zero Depreciation

    No

    No

    Personal Accident cover

    No

    Yes

    Non electrical accessories

    No

    Yes

    Automobile association

    No

    No

    Bi fuel kit

    No

    No

    Voluntary deductible

    No

    No

    Professional discount

    No

    no

    The Yamaha two wheelers currently available in India are:

    Sports bikes:

    • Yamaha YZF R15
    • Yamaha FZ16
    • Yamaha SZ RR
    • Yamaha FZ1
    • Yamaha VMAX
    • Yamaha Fazer
    • Yamaha YZF R1
    • Yamaha FZ 16

    Scooters:

    • Yamaha Alpha
    • Yamaha RAY
    • Yamaha Ray Z

    Roadsters:

    • Yamaha SZ S
    • Yamaha YBR 125
    • Yamaha Crux
    • Yamaha YBR 110

    The table below lists the model and variances of Yamaha bikes, and also lists if they are covered by the particular insurer:

    Make Model Variance HDFC Ergo Bajaj Allianz

    Yamaha SZ RR ALLOY WHEEL DISK BRAKE ELECTRIC START

    No

    Yes

    Yamaha YBR 125 SS

    Yes

    Yes

    Yamaha YZF R1 LE

    Yes

    yes

    Yamaha FZ 16 ST

    No

    yes

    Yamaha Alpha

    No

    Yes

    Yamaha Ray Z

    No

    Yes

    Yamaha Vmax 2 EN 1200

    No

    Yes

    Yamaha Crux R

    Yes

    Yes

    Yamaha Fazer 153 STD

    Yes

    Yes

    Yamaha Enticer DLX

    Yes

    Yes

    Yamaha Gladiator Graffiti

    Yes

    Yes

    Yamaha Libero GS

    No

    Yes

    Yamaha Bike Insurance Premium Calculator

    There are several benefits that you may enjoy if you buy your Yamaha bike insurance online. Firstly, you will not need a middleman to help you and you will be able find and buy the best policy within a few minutes. There are multiple third-party websites that allow you to compare two-wheeler insurance offered by various insurance companies based on multiple factors such as coverage, inclusions and exclusions of the policy, network garages available, premium and more.

    Whenever you are looking to buy a bike insurance online, make sure that you make use of the premium calculator which will help you evaluate different policies based on your requirements and the applicable premium. You may find two-wheeler insurance premium calculator tool in most insurance websites. Also, there are various third-party websites where you can calculate your bike insurance premium. To calculate the same, you may have to fill in some of the basic details of your vehicle such as the make and model of the vehicle, age of the vehicle, cubic capacity of the vehicle, location of registration, and more. The Insured Declared Value (IDV), which is the maximum sum of money assured to the policyholder in case of loss or damage to the vehicle plays an important factor in determining the premium. It is calculated by reducing the amount of depreciation from the manufacturer’s listed price of the vehicle.

    Factors Affecting Bike Insurance Premium

    1. Type of insurance policy opted
    2. Add-on insurance covers opted
    3. No Claim Bonus (NCB)
    4. Cubic capacity of the vehicle
    5. Make and model of the vehicle
    6. Age of the vehicle
    7. Depreciation
    8. Voluntary access
    9. Discounts availed

    Multi-Year Bike Insurance Policy For Yamaha Bikes

    It was observed by the Insurance Development and Regulatory Authority (IRDA) of India that most people in the country are riding without a valid two-wheeler insurance policy. A large number of two-wheeler owners in India do not renew their insurance policies on time and run into the risk of riding uninsured in risky streets and roads. To encourage vehicle owners to buy and renew insurance policies in a timely manner, the IRDA has allowed insurance companies to offer long-term motor insurance for a period up to 3 years. A multi-year insurance policy is beneficial in multiple ways. It saves the policyholders from the hassles of yearly policy renewals and save on their insurance cost to a great extent. Following are some of the other benefits.

    • No hassles of policy renewal for a maximum period of 3 years
    • Lower Premium
    • No effects on premium due to inflation
    • Avoid The Risk of Policy Lapse
    • Avail No Claim Bonus

    Yamaha Bike Insurance FAQ’s:

    1. Q: Will I be covered under insurance if someone else was riding my bike at the time of an accident?

      A: Liability is on the vehicle. Since the insurance is on the vehicle, in this case the bike, it will still be covered as long as the person was riding your bike with your permission. In the event the costs exceed your bike’s insurance cover, the balance would usually be covered by the rider’s liability insurance.

    2. Q: Can my two wheeler insurance be transferred in case I sell my bike?

      A: If you decide to sell your bike, the insurance can be transferred to the buyer. The buyer has to submit an application to transfer the insurance to his/her name within a time frame as specified in the policy.

    3. Q: Which factors determine the premium on my bike?

      A: The cost of your insurance policy is determined by the premium you have to pay. The premium is dependent on the following factors:

      • Vehicle age
      • Type of vehicle
      • The place where the vehicle was registered
      • The insured sum or IDV.
    4. Q: What is IDV?

      A: IDV or Insured Declared Value is the value of your vehicle based on the current market. This rate is decided upon by the insurance company, and the sum is provided by the insurance company in the event of theft or loss of the two wheeler.

    News About Yamaha Two Wheeler Insurance

    • Yamaha teases XMAX and TMAX ahead of EICMA 2017

      Japanese two wheeler manufacturer Yamaha has officially released a teaser for its 2017 edition of the XMAX as the date for EICMA is fast approaching.

      The X MAX 300, a performance scooter, is expected to be launched in the European market in March 2017, and will replace the X MAX 250 variants sold currently.

      However, this isn’t the only performance vehicle that will see the light of day as the company is also expected to unveil the 2017 version of T Max too. To keep the markets buzzing, Yamaha also released a short teaser video which reveals the design overhaul the bike has received.

      This scooter will get an LED pilot lamp and will also feature a new turn signal design. The T MAX is expected to come with a 530cc liquid-cooled 4 stroke, in line twin-cylinder engine which has a EURO IV clearance stamp.

      10 November 2016

    • Yamaha Motors looks to cross one million in domestic sales

      Yamaha Motor India will be closing the year with a sales figure of 8.5 lakh units, and they hope to meet the one million mark in domestic sales this financial year. Out of the 8.5 lakh units sold this year, 7.8 lakh units are from sales within the country, whereas the rest has been fulfilled through exports. The company looks towards posting a growth of 35% this year, following a robust growth strategy that was implemented in 2008.

      It has been observed that most of the revenues generated by the company came from the sale of scooters. Hence, they have reduced the production of motorcycles in the last two months, to focus more on the scooter segment.

      The company is also considering expansion of its network with a current score of 2,500 touch points. The vision is to have 5000 touch points by the year 2019.

      2 November 2016

    • Yamaha introduces X-Max 300 scooter to replace X-Max 250

      Yamaha has unveiled their new Maxi scooter model, the X-Max 300 that will be replacing the X-Max 250. The scooter will be in the market by March next year.

      The X-Max 250 is popular in the European market due to its riding performance and style. The new model that will be introduced is also styled on the outgoing model. The X-Max 300 has a sculpted, sharp body that weighs around 179 kg. It is, however, lighter than the previous model and has new front forks, a Smart Key system, TCS, and ample storage space below the seat. It is also equipped with twin LED headlights and a large windscreen. Additionally, the scooter offers lower back support for the rider and has a single step-up seat.

      It is powered by a 292cc single cylinder engine that has an output of 27 bhp of power and 29 Nm of torque. It has a 15 inch front alloy wheel and a 14 inch wheel at the rear. It is also installed with disk brakes, with ABS.

      Although Yamaha has no plans of introducing the X-Max 300 in India, it will be launching the N-Max scooter sometime next year.

      27 October 2016

    • India Yamaha September 2016 Sales Cross 100,000 Mark

      The month of September has been remarkably special for India Yamaha Motor (IYM) in terms of sales which touched an all-time high ever since the company commenced operations in India. Owing to an increased demand for its scooter models, Yamaha registered sales of over 100,000 units in September 2016, not only in domestic sales but also in exports. the exact figure of sales was disclosed to be 101,153 units, out of which 89,423 units (including Nepal) comprised of domestic sales, while the remaining 11,730 units (excluding Nepal) were attributed to exports. With 2016 sales having increased by 32.94% Yamaha recorded additional sales of 22,156 units over its sales for September 2015 which stood at 67,267 units.

      1 October 2016

    • Yamaha Targets One Million Sales in India for 2017

      Following the boost in sales figures in the last two months, Japanese two-wheeler manufacturer India Yamaha Motor Sales (IYMS) is targeting an exponential growth in two-wheeler sales in India. Roy Kurian, VP Sales & Marketing for IYMS recently revealed the company’s targets for the coming year and said that they expect to close this year with a robust growth of roughly 16%, ad opposed to 8% speculated before.

      As compared to the 5.5 lakh units sold by Yamaha last year, the manufacturer expects a growth of around 30% this year, which translates to sales figures of about over 8 lakh units. In domestic sales, Yamaha is gunning for domestic sales of around 10 lakh units by the year 2017.

      The scooter segment continues the be the main growth contributor for Yamaha. The segment itself has displayed robust growth in recent times, recording a growth of approximately 26% in the period falling between April to August 2016, as against the corresponding period last year.

      23 September 2016

    • Yamaha Cygnus Ray-ZR Revs Onto Roads

      The newest entrant to the Yamaha scooter line, the Cygnus Ray-ZR, has been winning the company accolades across multiple platforms. The scooter’s ease of use and enhanced safety features have resulted in higher sales volumes as well, with over 75,000 of the scooters being bought since its release.

      With a design that moves away from the traditional scooty, the Cygnus has a sporty and powerful look to it. The optional 170 mm front disc brake, a feature unique to this model, also sets it apart from competitor models and makes for a sleek addition.

      With a smooth riding experience and modifications to the tyres to ensure a comfortable and safe ride, the Cygnus Ray-ZR looks set to take on the more established scooters in the sector.

      With the additional security offered by taking out a two wheeler insurance policy, drive off in the meanest machine on two wheels in the segment.

      20 September 2016

    • Yamaha India Reaches 1 Million Scooters Milestone

      Yamaha Motors has produced one million scooters in the country till date. The one-millionth vehicle, a Fascino, was rolled out from its manufacturing plant in Surajpur, Greater Noida. Yamaha has two plants where it manufactures scooters, Chennai and Surajpur.

      Out of one million scooters, around 80,000 were manufactured for export to markets such as Sri Lanka, Costa Rica, Ecuador, Nepal, Dominican Republic and Mexico. Yamaha entered the gearless scooter segment in 2012, targeting young female consumers with the Cygnus Ray. Another version of this scooter suited to male customers was rolled out and christened Yamaha Cygnus Ray Z. The Cygnus Alpha and Fascino are other popular products from the manufacturer.

      Yamaha’s scooter sales have grown by 94% in the first half of this year, in comparison to last year.

      17 August 2016

    • Yamaha Two Wheeler Export Performance For 2015-2016

      Yamaha has displayed praise worthy performance in terms of exports which have taken place in the fiscal year 2015-2016. Under the category of scooters, the Yamaha Ray was strong in terms of exports which rose by an impressive 168%. Yamaha has exported 16,801 units of the Ray in FY 2015-16, as compared to a much lower number of 6,271 units which were exported in the fiscal year 2014-15.

      Under the 100-110cc motorcycle segment, exports didn’t quite pick up. The Yamaha Crux recorded a 47% fall in terms of exports with only 14,032 units being exported in the fiscal year 2015-2016, as compared to a much higher number of 26,483 units which were exported in the year before.

      Going higher, under the 125cc section, the Yamaha YD125 recorded, though slight, but positive growth. The manufacturer exported 8,760 units of the YD125 in the fiscal year 2015-2016, as compared to 7,920 units in the year before.

      30 May 2016

    Two-Wheeler Insurance Reviews

  • Page 1 of 50 1 2 3 4 5
    • Royal Sundaram Two Wheeler Insurance
      "Good Policy"
      0.5 4.0/5 "Great!"
      My two wheeler is insured with Royal sundaram insurance from last 4-5 years, a premium of Rs 2000 has to be paid for this insurance policy. There was no claim experience so far with this insurance policy. I am happy with the policy coverage and plan benefits of this policy.
      Was this review helpful? 1
      , jaipur
      Reviewed on Nov 16, 2018
    • Reliance General Two Wheeler Insurance
      "Yet to experience the claim"
      0.5 4.0/5 "Great!"
      I have not used the insurance policy so far. I never claimed anything in this policy. I have not spoke with the customer care. My friend has recommended me about the two wheeler insurance policy with Reliance. I pay the premium amount of Rs. 1500 for one year. I renew the policy through onine.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 16, 2018
    • HDFC Ergo Two Wheeler Insurance
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I have taken a two wheeler insurance with HDFC Ergo. I got a Passion Pro and Scooty for both the vehicles, I used to renew with HDFC Ergo. The customer service is good. There is no claim experience. The policy coverage and the plan benefits are good. I pay 4,000K yearly for 2 vehicles. The policy period is one year.
      Was this review helpful? 1
      , tiruchirapalli
      Reviewed on Nov 16, 2018
    • HDFC Ergo Two Wheeler Insurance
      "Good insurance policy"
      0.5 4.0/5 "Great!"
      When i purchased the vehicle, the dealer has provided the insurance with HDFC Ergo. I have not used any claim with HDFC Ergo. I have not spoke with their customer care. I pay the premium amount through credit cards. Last year i have bought this policy. Since i'm existing customer of HDFC, i have selected my two wheeler policy with HDFC Ergo.
      Was this review helpful? 0
      , mumbai
      Reviewed on Nov 16, 2018
    • Reliance General Two Wheeler Insurance
      "Good Policy to use"
      0.5 4.0/5 "Great!"
      My two wheeler insurance policy was taken from Reliance. The dealer was provided the two wheeler insurance policy when i purchased my bike. I have paid a premium amount of Rs. 7000 for two years. The policy covers all the parts of the vehicle. The documentation process was good. According to the bike condition, they have provided 100% coverage value.
      Was this review helpful? 0
      , ahmednagar
      Reviewed on Nov 16, 2018
    • Bajaj Allianz Two Wheeler Insurance
      "Good"
      0.5 4.0/5 "Great!"
      It is very good and I have a two wheeler insurance with Bajaj Allianz and it was recommended by the showroom person. I have a Honda Activa bike. It is a one year policy. I got the insurance papers on time. There is helpline number to reach the customer support. The premium was paid through cheque.
      Was this review helpful? 0
      , mumbai
      Reviewed on Nov 16, 2018
    • New India Two Wheeler Insurance
      "Good Policy"
      0.5 4.0/5 "Great!"
      I have a two wheeler insurance with New India Assurance from last 3 years, i am not aware of the premium amount as my company pays it. There was no claim experience so far with this insurance policy. I am happy with the policy coverage and plan benefits of this policy.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Nov 16, 2018
    • Oriental Insurance Two Wheeler Insurance
      "Claim process is taking more time"
      0.5 4.0/5 "Great!"
      I have purchased the health insurance policy with Oriental. My entire family has been covered in this policy. My organization has provided the policy and they will be managing all the policy details. I never interacted with the oriental customer care services. I had a claim experience with oriental but my company taking care of that when i submitted the documents. Its taking 20 days to get settlement. They have given me a coverage value of Rs. 5 lakhs.
      Was this review helpful? 0
      , chennai
      Reviewed on Nov 16, 2018
    • Bajaj Allianz Two Wheeler Insurance
      "Best Policy"
      0.5 4.5/5 "Excellent!"
      Using the bajaj Allianz insurnace for my two wheeler for last 2 years. I used to pay the premium of Rs. 1240. They have provided the value of the bike Rs. 38000. They have covered for 70% of the bike value. I never faced any issues with the policy. Because of the lower price, i have selected the policy with Bajaj Allianz.
      Was this review helpful? 0
      , chennai
      Reviewed on Nov 16, 2018
    • ICICI Lombard Two Wheeler Insurance
      "Good"
      0.5 3.0/5 "Satisfactory"
      I have a bike insurance with ICICI Lombard. Its a one year policy. I asked the service provider for an insurance and they was suggest me ICICI Lombard. I have paid 1300 rupees for a year through cash. I have claim experience, they have taken almost 18 months for the reimbursement. I am satisfied with the policy coverage and the plan benefits.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 15, 2018
    • Bajaj Allianz Two Wheeler Insurance
      "Good Policy"
      0.5 4.0/5 "Great!"
      The plan is good with Bajaj Allianz insurance company, in terms of coverage value, the insured value around Rs. 47,000 for my Honda Dream yuga bike, its just two years old. I have coverage for loss, damage, accidental. They have many service centers as well.
      Was this review helpful? 1
      , ghaziabad
      Reviewed on Nov 14, 2018
    • Bajaj Allianz Two Wheeler Insurance
      "Good protection for two wheeler"
      0.5 5.0/5 "Blown Away!"
      The bike policy was arranged through the dealer, since it mandatory purpose I took the policy from Bajaj Allianz. I don't have any option hence I took by paying some premium. I availed comprehensive policy for my bajaj discover bike for one year tenure.
      Was this review helpful? 2
      , hyderabad
      Reviewed on Nov 13, 2018
    • Bharti Axa Two Wheeler Insurance
      " Its convenient policy renewal"
      0.5 5.0/5 "Blown Away!"
      Its convenient to go head to chose all the options, they have option to increase the IDV, even the premium is good. I have been experience with Bharti axa two wheeler policy around five years, whenever I renew the policy I get the no claim bonus.
      Was this review helpful? 2
      , bangalore
      Reviewed on Nov 13, 2018
    • National Insurance Two Wheeler Insurance
      "Average Policy"
      0.5 3.0/5 "Satisfactory"
      I did not have any claim experience with National two wheeler insurance. I have not spoke with the customer care service as of now. I made a premium amount of Rs. 1400 for one year. The reason for selecting the National insurance is when i purchase a bike from dealer who provided the policy with National and i'm continuing the same. They have given a value of the bike is Rs. 55K.
      Was this review helpful? 1
      , chennai
      Reviewed on Nov 13, 2018
    • National Insurance Two Wheeler Insurance
      "Good"
      0.5 4.0/5 "Great!"
      When I purchased the Honda Activa bike at that time they provided an insurance. It is a one year policy. One of my friend is working there so he will takes care of my policy. If anything goes wrong,they will recover 70% to 80% of the damage, remaining 20% from my end.I am planning to renew the policy again with National Insurance.
      Was this review helpful? 1
      , bangalore
      Reviewed on Nov 13, 2018
    • National Insurance Two Wheeler Insurance
      "Good Protection for two wheeler"
      0.5 5.0/5 "Blown Away!"
      As per IRDI policy, National Insurance is following the terms, the premium is reasonable, I have taken bike policy for three years now they do have five years plan. I have comprehensive plan its always better to go with full cover its good for us.
      Was this review helpful? 0
      , chennai
      Reviewed on Nov 12, 2018
    • ICICI Lombard Two Wheeler Insurance
      "Need improvement on service"
      0.5 3.0/5 "Satisfactory"
      I have bike insurance with ICICI Lombard, I paid Rs.8700 for three years policy. It has third party plan with personal accidental. But the guys are not responsible, when they want to sell some thing they call , during queries they wont respond.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Nov 12, 2018
    • ICICI Lombard Two Wheeler Insurance
      "Good Customer Policy"
      0.5 5.0/5 "Blown Away!"
      The customer service is good they are providing continuous follow up before expiring the policy they call and share the benefits on renewal. I have honda passion they gave me the best insured value its good. And providing good benefits on the policy.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 12, 2018
    • ICICI Lombard Two Wheeler Insurance
      "Good Policy"
      0.5 4.0/5 "Great!"
      For my Dream Honda bike, ICICI Lombard gave me best insured value for the premium amount around Rs.1500 for one year. I got my policy documents on time. I have taken the comprehensive plan with first party cover, therefore I am satisfied with them.
      Was this review helpful? 0
      , nagpur
      Reviewed on Nov 12, 2018
    • Royal Sundaram Two Wheeler Insurance
      "Better coverage"
      0.5 3.0/5 "Satisfactory"
      For my Yamaha R15 bike I took policy from Royal sundaram they gave me Rs. 70,000 of idv value for tenure of three years it was good. I purchased the bike for Rs. 1.3 lakhs, now it got good IDV value with third party liability cover, personal accident cover.
      Was this review helpful? 1
      , chennai
      Reviewed on Nov 12, 2018
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