Yamaha MT 09 Insurance
Yamaha MT 09 Insurance
With crisp looks, intimidating torque and high-end features, the Yamaha MT 09 is a hyper-naked streetfighter introduced by Yamaha Motors India, a subsidiary of the Japanese motorcycle manufacturer. The bike is equipped with a powerful engine of 847-889cc and has been launched time and again in India since 2013. The sporty and aggressive looks mated with state-of-the-art technology make MT 09 mesmerising to look at and exciting to ride. The new model with upgraded features is much awaited and is soon to be launched in India.
Considering a bike with world-class technology, specifications and an exorbitant price of ₹10.55 lakhs, it is thus crucial to protect it with suitable motor insurance. Moreover, the ever-increasing traffic, thefts and natural calamities make two-wheeler insurance even more necessary to stay financially secure.
Now let’s discuss the types of two-wheeler insurance policies, in brief, to help you buy the best insurance coverage for your precious bike.
Types of Yamaha MT 09 Insurance
Before you get your Yamaha bike insurance online, gather some basic knowledge about two-wheeler insurance.
A two-wheeler insurance policy is an agreement between a vehicle owner and the insurance provider where the insurer promises to compensate for the losses arising out of third-party damages or own damages. In return, the vehicle owner has to pay premiums regularly.
You can choose from the following types of two-wheeler insurance policies:
Third-Party Liability Cover
The most basic two-wheeler insurance policy is a third-party liability cover, which is mandatory as per the Motor Vehicle Act, 1988. Third-party motor insurance covers legal and financial liabilities arising out of third-party injuries/death or property damages. It means you can avail of compensation in case you injure a third party or damage his/her property.
However, this type of policy fails to offer respite for your bike damages or injuries. Hence, expensive and reliable bikes like MT 09 need more than third-party bike insurance.
Standalone Own-Damage Cover
Another two-wheeler insurance is own-damage cover where you can avail of compensation for your losses too. This policy covers damages caused due to accidents, vandalism, riots, theft, fire and explosion and damages beyond repair. However, an own-damage policy does not cover third-party damages, damages due to driving while drunk or without a licence, or mechanical and electrical breakdowns.
Among all three, only the comprehensive two-wheeler insurance policy can have the bundled benefits of both third-party insurance and standalone OD coverage. It provides extensive coverage for your two-wheeler from several damages due to accidents, natural disasters, riots, strikes, vandalism, theft, and much more. While the policy covers financial and legal liabilities arising out of third-party injuries or damages, it also includes a Personal Accident Cover up to ₹15 Lakhs. If your bike is stolen or damaged beyond repair, the insurance provider will reimburse the loss based on the bike’s IDV (Insured Declared Value).
With Tata AIG, you can choose from an array of insurance policies tailored to suit your needs. You can also choose from the list of unique add-on covers to ensure the maximum security of your Yamaha MT 09. To buy suitable insurance from Tata AIG, follow the procedure below.
Yamaha MT 09 Insurance Renewal/Buy via Tata AIG
You can buy suitable insurance for your MT O9 with Tata AIG through offline and online modes. For Yamaha bike insurance renewal or purchase, you can visit the nearest Tata AIG office, where an insurance expert will guide you through the process and documentation.
However, to purchase or renew bike insurance in a hassle-free manner, you can follow the simple steps and get your 2-wheeler insurance online instantly.
Visit the Two-Wheeler Insurance page on the Tata AIG website
Enter the registration number of your MT 09
Click “Get Price” if you wish to buy a new policy or “Renew” for a Yamaha bike insurance renewal
Fill out the form and get your two-wheeler insurance quote
Choose the appropriate IDV from the given list
Input details about previous claims, in the absence of which you can avail of a No Claim Bonus
After providing the information about the IDV and past claims, the premium for your Yamaha bike insurance will be displayed
You can pick from the add-on options to enhance the policy coverage and proceed with the payment
Once you complete the payment, you will receive the soft copy of the insurance in your registered email ID
Yamaha MT 09 Insurance Price– Your Premium Amount
The Yamaha MT 09 insurance price depends on its Insured Declared Value (IDV). IDV is the current value of the bike based on which the insurance company pays you if it is stolen or damaged beyond repair. Here is a table showing how IDV is calculated after considering the depreciation of your bike over the years.
|Less than six months||0.05|
|More than 5 years||Decided by the insurance provider and bike owner|
While calculating the IDV of your MT 09, Tata AIG considers several factors like its make and model, its age, rider’s age, registration city, type of use and fuel, cubic capacity, etc.
Now that you know what IDV is, you must also get a quote for your Yamaha bike insurance before buying one. With Tata AIG’s online two-wheeler insurance premium calculator, you can know the MT 09 insurance price, compare policies online and buy the most affordable plan. You can also visit a local dealer to know your MT 09 IDV.
Note: Prices of third-party bike insurance are based on IRDAI guidelines that are standardised according to the bike’s engine cubic capacity.
Add-ons for Yamaha MT 09 Insurance by Tata AIG
Considering the expensive accessories and rising crimes, comprehensive insurance may not suffice for bikes like MT 09. Hence, Tata AIG has designed add-on covers that ensure complete protection of your prized possession. The unique add-on covers include:
No Claim Bonus Protection
Zero Depreciation Cover
Additional Third-Party Damage Cover
Additional Personal Accident Cover for the owner-driver
Roadside Assistance Cover
Emergency Medical Expenses
Return to Invoice Cover
[Note: Tata AIG believes in transparency and helps its customers make informed decisions. So, you must know that each add-on cover comes with additional costs and raises the bike insurance premium. So, before adding the riders, you should evaluate your bike’s needs. ]
Things Covered and Not Covered under Tata AIG’s Yamaha MT 09 Insurance
While a comprehensive two-wheeler insurance policy ensures maximum protection of your bike, there are certain things that the policy does not cover. Hence, to make an informed decision, you must know the several inclusions and exclusions under your MT 09 insurance.
The table below will help you understand what is covered and what is not under your comprehensive Yamaha bike insurance:
|Things covered under Yamaha MT 09 Insurance||Things not covered under Yamaha MT 09 Insurance|
|Damages to third-party property and third-party death/injury||Normal wear and tear due to depreciation|
|Damages caused by accidents||Damages caused during driving without a driving licence|
|Damages due to natural calamities like earthquakes, floods, cyclones, etc.||Mechanical or electrical breakdown and consequential loss|
|Damages due to riots, vandalism or strikes||Damages caused by commercial usage of the bike|
|Theft, burglary or housebreaking damages||Damages caused by driving under the influence of alcohol, drugs or other intoxicants|
|Damages caused by terrorist activities||Damages due to racing activities|
|Fire damage due to self-ignition, explosion or lightning.||Damages due to war or nuclear threats|
Why is it Important to Have Tata AIG for Your Yamaha MT 09 Insurance?
Here’s why you should choose Tata AIG to purchase an insurance policy for bikes:
We believe in providing quality services to our customers and helping them make the best choices for their prized possessions.
At Tata AIG, you can purchase/renew suitable insurance policies for your bike in a hassle-free manner and pick from the riders to enhance its protection.
Trusted by 5 crore happy and satisfied customers, we are preserving millions of dream vehicles for over 20 years.
Proud to have a 98% claim settlement ratio for FY 2020-21, we provide a hassle-free and quick claim settlement process supported by an extensive network of cashless garages.
Overview – Yamaha MT 09 Model
With its first arrival in India in 2013, Yamaha MT 09 won hearts with its powerful engine and good value for money. While the new model of MT 09 is expected to be launched this year with upgradation, the basic features of MT 09 include:
847-890cc, 3-cylinder engine
Maximum power of 119 bhp at 10000rpm
Maximum torque of 93 Nm at 7000rpm
Six-speed manual transmission with slipper clutch
Dual channel ABS
Disc brakes at front and rear
Telescopic Fork front suspension and swingarm rear suspension
Kerb weight of 188 kgs
Fuel tank capacity of 14 litres
Yamaha MT 09 Price and Variants
Yamaha MT 09 is available in one variant and 3 colours priced at ₹10.55- 11.50 lakhs.
Unique Selling Points: Yamaha MT 09 Features
Delivering raw and intimidating torque, the Yamaha “Master of Torque” series has been quite successful in the market. Talking about the mesmerising looks of this high-end bike, the twin headlight unit, massive tank shrouds and light fins on the radiator are nicely crafted. The die-cast aluminium frame provides rigidity and stiffness to the bike while ensuring it is lighter to manoeuvre.
The KYB suspension provides the much-needed handling and chassis which is completely adjustable. The settings are suitable for both sporting and comfortable rides on highways. On the other hand, the six-speed gearbox comes with a Quick Shift System (QSS) and a slipper clutch that avoids loss of torque while taking sharp turns.
Not only this the multi-mode traction control and dual-channel ABS allow controlling the power delivery features of the engine and provide greater stability at higher speeds. The ABS works in tandem with the hardware and allows you to ride the bike with confidence in all road conditions.
The all-new MT 09 now has a seat slightly angled forward with new tapered handlebars to offer a relaxed riding position. Moreover, the handlebars and foot pegs are completely adjustable to several positions helping you to find the perfect riding position.
Rivals of Yamaha MT 09
Following are some bikes that compete with Yamaha MT 09:
Honda CB 650R
Royal Enfield Continental GT 650
Triumph Street Triple RS
KTM 890 Duke
Disclaimer / TnC
Your policy is subjected to terms and conditions & inclusions and exclusions mentioned in your policy wording. Please go through the documents carefully.
Frequently Asked Question
Is Yamaha MT 09 a superbike?
Yamaha MT 09 does not fall in the category of fully-flared super sports bikes, but it is a 900 cc 3-cylinder hyper naked street motorcycle.
What is the top speed of MT 09?
The top speed of MT 09 is 225kmph.
What does MT in MT 09 stand for?
MT in Yamaha MT 09 stands for “Master of Torque”.
What is the Yamaha bike insurance renewal price?
Yamaha bike insurance renewal price depends on the bike’s IDV, age, engine cubic capacity, No Claim Bonus, etc.
How to use a two-wheeler insurance premium calculator?
To calculate the premium for your two-wheeler insurance, you must follow the steps below:
Visit the Two-Wheeler insurance page on the Tata AIG website
Provide your bike registration number in the calculator
Click “Get a Price” for a new policy issue or “Renew” for bike insurance renewal
Provide the information requested and click “See Price”
The bike insurance calculator will now display the correct premium for your bike insurance
How to raise a claim for a two-wheeler insurance policy?
To claim your insurance policy for bikes, follow the simple steps:
Call on 1800- 266-7780 or visit the “Claims Support” page on the Tata AIG website.
Now fill in the required information.
You will receive a link on your registered mobile number for self-inspection.
Fill in the correct details about the two-wheeler damages in the self-inspection form.
A surveyor will also visit to inspect the insured two-wheeler.
Make a cashless claim at the network garages or ask for reimbursement for the damages.
Submit the following documents to file a claim: Claim form, FIR if present, address and identity proofs, and insurance policy documents.
You can also track the claim settlement process online.
After examining your claim, Tata AIG will approve and settle it.
Disclaimer: All the 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.