Yamaha Fazer Insurance
Yamaha Fazer Insurance
Over the years, Yamaha has produced many bikes for the Indian market, with Yamaha Fazer being one of the famous models. If we track down Fazer’s history, it was launched as a 125cc bike with twin headlights back in 2004. Later, its 150cc avatar was presented to the Indian market alongside the all-time favourite FZ series motorcycles in India. But it was later discontinued, with newer variations being available.
In 2017, the Fazer 25 returned to the Indian market with a mightier 250cc engine, new side flaring, and new charm. Since then, it has been a top pick for bikers who want to cruise the highways on a stylish and capable motorcycle.
Now, if you are driving a Yamaha Fazer, you probably have Yamaha Fazer insurance. In case you do not have one, you should get one because the Indian Government has mandated that all bikes must have insurance for bikes when they are plying on the road. If you are caught driving without insurance, you could face severe penalties, and you could have your licence ceased. You could also face jail time if you are repeatedly caught without bike insurance. Thus, when driving your Yamaha Fazer, you must not forget to get Fazerinsurance.
If you are looking to buy insurance for your bike or need to opt for a Yamaha bike insurance renewal and wish to change your provider, you should consider Tata AIG’s online two-wheeler insurance. We offer you insurance for bikes that are comprehensive yet cost-efficient, and our policies are easy to buy. You can buy your Yamaha bike insurance online with a few clicks in a few minutes. Further, we offer you cashless support and roadside assistance when you require it. We also have various options for insurance for bikes, so compare two-wheeler insurance plans, and choose the option that fits you the best.
With all of this in mind, let us dive into how you can buy Yamaha bike insurance online and what your Yamaha bike insurance renewal price will look like.
Yamaha Bike Insurance Renewal/Buy Yamaha Bike Insurance via TATA AIG
If you have bought a second-hand Yamaha Fazer, you may be looking for Fazer insurance that you can buy easily and one that is affordable. In that case, you can follow the instructions below to buy your Yamaha bike insurance online from Tata AIG. It may also happen that you already have a policy with us and need to undertake a Yamaha bike insurance renewal. Following these steps will help you with that as well. This process will help you determine your Yamaha bike insurance renewal price also.
Go to our official website and click on "Bike Insurance."
Then fill in your registration details and click on Get Price to see your Fazer insurance cost.
If you need to renew your policy with us, typing your registration number will pull up all your details. Click on Renew, and you will be shown the Yamaha bike insurance renewal price.
You will then be redirected to a page where you will be required to fill in your personal information and some important details about your bike. You will be asked to enter the expiration date of your policy in the case of a renewal.
You then need to choose the Insured Declared Value or IDV. The IDV is the marker of the current price of your bike in the market and plays an important role in determining your Fazer insurance cost.
Provide the details of your claim history, if any, and if you have not made a claim, you should select ‘No Claim Bonus’.
You will then be able to see your Fazer insurance cost or Yamaha bike insurance renewal price on your screen as the case may be.
If you are satisfied with the premium, you can pay it digitally. Post this, and you will receive your policy on your Whatsapp number and your email.
We have made the system of buying our Yamaha bike insurance online as simple and hassle-free as possible to ensure our customers never face any problems when buying insurance for their bikes.
Fazer Insurance Cost- Your Premium Amount
Your Fazer insurance cost is influenced by several variables, such as the degree of coverage you choose, the brand, and the model of your bike. Consider third-party bike insurance as an example. The Insurance Regulatory and Development Authority of India (IRDAI) establishes third-party two-wheeler insurance prices depending on the two-wheeler's engine cubic capacity. These rates change and are released annually.
On the other hand, a comprehensive bike insurance policy provides additional coverage at a higher premium. Your motorcycle's engine and cubic capacity, IDV or Insured Declared Value, and safety features affect how much it will cost to insure your Yamaha Fazer.
If there is total damage or theft, your insurance company will pay you up to your bike's IDV or Insured Declared Value. Although choosing a low IDV can lower the cost of your Fazer insurance, your payment in the event of total loss or robbery will be minimal.
On the other hand, if you select an IDV that is too exorbitant, you will incur costly premiums in exchange for a substantial reimbursement in the event of theft or total damage. You must select the appropriate IDV for your bike.
Once you have weighed all your options well, you may decide on what insurance for your bike you wish to get.
Things Covered/Not Covered Under TATA AIG’s Yamaha Fazer Insurance Policy
Knowing what is included and excluded from your policy is always helpful as it aids you in having a holistic idea of what your insurance is providing you. It also helps you understand what you can and cannot make a claim for. Thus, we are including a list of inclusions and exclusions under Tata AIG for you to see and judge for yourself.
|Things Covered Under TATA AIG’s Fazer Insurance||Things Not Covered Under TATA AIG’s Fazer Insurance|
|Any losses caused to the vehicle because of human acts of terrorism, vandalism, riots and more.||Personal accidents or own damage will not be covered if the person is under a third-party bike insurance policy.|
|Suppose any damage was incurred by the insured bike during transportation by airways, waterways, railways, etc.||Any damage caused when the Fazer was used in areas prone to damage, such as a flood or landslide-prone area.|
|Any damage caused to the Fazer owing to theft or damages adding up to a total loss.||Any loss caused by use over time and normal wear and tear, including mechanical and electrical breakdowns.|
|Any harm rendered to the bike from explosions, self-ignition fires, lightning etc.||Any harm caused when the bike was being used for commercial reasons. Also, if the damage results from adventure sports, racing, speed trials, etc.|
|Personal injury coverage of up to ₹15 lakhs for the bike policyholder in the event of an accident. If the owner-driver passes away in the accident, the policyholder's nominee will get the sum insured.||Damage caused to the bike because of a war-like situation in the country or an attack from external forces.|
|Damage to the insured bike due to a collision involving a third-party vehicle and harm to someone else's assets or injury to a third-party person resulting in death or impairment.||Destruction or loss of the insured bike if the rider is intoxicated, if they were not using a helmet at the time of the collision, or if not carrying a valid driver's license.|
|Any customisations you have made to your policy will be considered when you make an insurance claim.||Any damage was caused to the bike because of a robbery in your residence, but the bike was not stolen.|
|Any degree of damage caused to the bike because of natural disasters, including cyclones, earthquakes, floods, etc.||Any damage to the insured Fazer when it is outside the confines of the geographical location mentioned in the policy (i.e., outside India).|
Why Is It Important to Have Yamaha Bike Insurance from TATA AIG?
Market Experience- With more than 20 years of expertise in the Indian insurance industry, the organisation continues to work tirelessly to maintain the trust of its more than 5 crore clients nationwide. Even only the name Tata evokes trust and loyalty among policyholders.
Variety- With our assistance, you may evaluate Yamaha motorcycle insurance options and select from several plans. We provide everything to you in one location. You may acquire all of it with us, whether you want a customised policy, an online comprehensive bike insurance plan, standalone damage protection, or third-party coverage.
Ease- You can purchase our Yamaha Fazer insurance online from the convenience of your home. We ensure you have a simple and trouble-free experience purchasing insurance for your Fazer using our online approach.
Simple Claim Process- Thanks to the assistance of 650 insurance consultants in India, we offer a 3-step online insurance claim process that is easy, efficient, and quick. Our ability to rapidly and effectively handle every issue allowed us to settle 98% of all claims that came through in 2020–21.
Cashless Garages- We offer you over 7000 cashless garages nationwide so that you will never be stranded without help, no matter where you are and what you are doing. As the name implies, you will also not need to worry about paying for the services at these garages.
Overview: Yamaha Fazer
As mentioned above, the Yamaha Fazer was among the most popular bikes seen in large numbers on Indian roads. It offered its passengers comfort and security while also providing stylish looks. It was only when subsequent versions of the bike were released with additional enhanced features that it was discontinued. However, we can still see people using these bikes on the streets of India and most people who use them have nothing to complain about.
The sport-tourer Fazer series was introduced by the Japanese brand Yamaha in 2009. These bikes share features with the Yamaha FZ-S and FZ16. The Fazer bikes have undergone numerous improvements and facelifts since their introduction. It has a 5-speed gearbox with a variable mesh transmission. The motorcycle has a range of 40 to 50 km per gallon.
Yamaha Fazer Bike Prices and Variants
The Yamaha Fazer has been discontinued, but its updated models are available in the market even today. The prices at which they are available can be seen in the table below.
|Variants||New Delhi Ex-showroom Prices (may differ as per different cities)|
|Yamaha FZ1 Fazer*||₹11 Lakh|
|Yamaha Fazer 25||₹1.4 Lakh|
|Yamaha Fazer 8*||₹9 Lakh.|
*these are premium bikes from Yamaha which may only be available as CBU (completely built unit) in India
Unique Selling Points: Yamaha Fazer Features
The Yamaha Fazer has many points that made it stand out from the rest of the bikes in its class. Some points that make this bike unique are;
Its colour scheme. The bike was available in three attractive colours: midnight black, burning red, and marble white.
This Yamaha motorcycle has a diamond-shaped frame, telescopic front end, and monocross rear suspensions.
Among the safety mechanisms of the Fazer are a digitised speed indicator, tachometer and fuel tank.
Top 3 Rivals of Yamaha Fazer
The top 3 rivals of the Yamaha Fazer are;
Suzuki Gixxer 250 SF
TVS Apache RR 310
Bajaj Pulsar RS200
Disclaimer: All the bike prices and other information listed above pertain to a specific city and vehicle model. Since this information is subject to change, it is advisable to check the latest information before purchasing a vehicle or an insurance policy.
Frequently Asked Question
How does a cashless garage help me?
When you get your bike repaired at a cashless network garage, you do not need to pay for any of the repairs out of your pocket. It also helps as you do not have to make any claim for reimbursement, saving you a lot of time and effort. Further, we have over 3300 network garages all over India, making getting your bike services at a network garage very convenient.
What is the customer rating of Tata AIG when it comes to bike insurance?
Tata AIG has always put its customers first, and we believe in providing the best service with the least hassle for our customers. This comes through in our rating from our customers. We have received a 4.6/5 rating from our customers regarding our bike insurance.
How long does it take to get my insurance from Tata AIG?
If you are getting your Yamaha bike insurance online from Tata AIG, you can get your insurance in just 2 minutes as we have a simple purchase process explained above.
What is the online claim process for Tata AIG?
The online claim process at Tata AIG involves the following steps;
Visit our website and click on the Claims option. You must enter your registered number and click on ‘confirm’.
Submit all the information asked for, including your bike registration number, policy number, FIR, if applicable, and other details. After filling in these details, click on ‘submit’.
We will send a surveyor to check your bike. Cooperate with the surveyor and provide any details asked for. Your bike will then be sent to a network garage to be repaired.
After your bike is repaired, it will be sent back to you. If you have any doubts, you can contact our customer support team anytime.