Yamaha Aerox Insurance

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What is Yamaha Aerox Insurance

The Yamaha Aerox insurance coverage offers essential financial protection for your motorcycle. It secures you against unforeseen expenses of repairs, part replacements, and damage caused by accidents or thefts. Furthermore, the insurance provides third-party liability coverage, which protects you from financial obligations arising from accidental injuries or damages caused to third parties, persons or property. This comprehensive policy allows you to ride confidently and assures peace of mind.

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Popular Yamaha Aerox Variants with Insurance Premium

Aerox Scooter Zero Dep Cover* (Add-on Cover) Estimated Aerox Insurance Price List* (1+5 Bundled Policy)
Yamaha Aerox MotoGP (155) Nil ₹7,495
Yamaha Aerox STD (155) Nil ₹7,476

*Disclaimer: The mentioned table is for reference purposes only. The Aerox insurance price varies from insurer to insurer depending on factors like zero depreciation, NCB, make, ex-showroom price, year of purchase, etc.

Reasons to Buy Yamaha Aerox Insurance Online from Policybazaar.com

Buying Aerox insurance online from Policybazaar.com comes with a host of benefits, some of which include:

  • Customise your coverage with add-on options like zero depreciation cover, roadside assistance, and engine protection that offer complete security for your scooty in any scenario.
  • Get accurate premium estimates online and browse through a competitive Aerox insurance price list to find the perfect plan that suits your needs.
  • Easily make Aerox insurance renewal or purchase policy for a new bike in a few clicks.
  • Benefit from quick claim settlements, whether you select cashless repairs at network garages or reimbursement claims, reducing your downtime.
  • Experience seamless round-the-clock customer support to answer your questions and concerns about purchasing, renewing, or submitting a claim at 1800-258-5970.
  • Save big with NCB for every claim-free year and benefits won't be affected with minor repairs like plastic, fibre, and glass restoration.

Coverage Under Yamaha Aerox Insurance Policy

  • Inclusions
  • Exclusions

The comprehensive Aerox insurance policy protects against:

  • Vandalism, strikes, or rioting bring harm or loss to persons or property.
  • Any damage to the insured Aerox scooty caused by hurricanes, earthquakes, floods, or other natural calamities.
  • Any accidental or collision damage to the bike.
  • Total or partial loss due to theft.
  • Damage repairs for explosions, fire, or similar events.
  • Financial coverage to owner-riders for personal accidents covering harm, disability, or death.
  • Third-party liability coverage, securing against injury or property damages involving the insured bike.

The Aerox insurance policy observes the following exclusions:

  • No claims will be entertained after the expiration of the policy.
  • Damage sustained when riding while under the influence of drugs or alcohol.
  • Depreciation, normal wear and tear, and electrical and mechanical malfunctions.
  • Accidental damages caused by deliberate or reckless behaviour.
  • Losses that go beyond the immediate harm and are indirect or consequential.
  • Damage sustained by riding outside of the policy's designated geographic boundaries.

*Disclaimer: The terms and specifics of the policy differ from insurer to insurer. Refer to your policy statement to gain clarity on inclusions and exclusions.

Yamaha Aerox Insurance Add-on Covers

Expand your basic Yamaha Aerox scooter insurance plan with add-ons/riders. These additional covers are designed to meet your unique demands, giving flexibility and surety that your bike is fully insured in all situations.

  • Pillion Rider Cover: This add-on provides financial cover for your pillion rider in the event of an unintentional injury while riding. It covers medical bills and compensation, giving you and your passenger peace of mind when travelling together.
  • Return to Invoice Cover: This add-on allows you to recover the entire invoice value of your bike in the event of theft or total loss due to extreme damage. It fills the gap between the insured value and the original purchase price, resulting in maximum reimbursement.
  • Engine Cover: Engine Cover guards against costly repairs caused by problems such as water infiltration, oil leakage, or mishaps. This add-on protects your bike's heart (the engine) during unanticipated situations, keeping it in top shape.
  • NCB Protection: No Claim Bonus Protection protects your NCB claim even if you file a claim within the policy's term. This add-on helps to retain premium savings in succeeding renewals, reinforcing good riding behaviour while providing ongoing financial benefits.

How to Buy/Renew Yamaha Aerox Insurance Online?

Head over to Policybazaar.com and follow these simple steps to purchase or make an Aerox insurance renewal:

  • Step 1: Open your browser and navigate to the Policybazaar Insurance Brokers Private Limited's official website.
  • Step 2: On the main page, select the 'Bike Insurance' option under 'Insurance Products'.
  • Step 3: Click 'View Prices' after entering your Yamaha Aerox registration number. Click on 'Bought a New Bike' and provide the bike's details of make, model, RTO location, year and variant if you don't have the registration number to proceed.
  • Step 4: Explore the Aerox insurance price list from trusted insurers and evaluate according to their extent of coverage, premium rates, and features.
  • Step 5: For additional protection, you can select add-ons like Return-to-Invoice, NCB and Pillion Rider cover.
  • Step 6: Enter the required personal information, including your name, address, and phone number.
  • Step 7: Select a payment option (UPI, net banking, or credit/debit card) and finish the transaction. After the payment is successful, you will receive an email with a soft copy of your Aerox insurance policy document.

How to Claim Yamaha Aerox Insurance Online?

  1. Cashless Claim Settlement

    To submit a cashless claim under your Yamaha Aerox insurance, remember these steps:

    • Step 1: Notify your insurance provider promptly of your Yamaha Aerox bike's damages and initiate a quick and effortless claim process.
    • Step 2: An insurer-appointed surveyor will visit to inspect and determine the amount of the damages to authorise the necessary repairs.
    • Step 3: The insurer will determine the estimated repair costs after verification. You must take your Aerox bike to a network garage for cashless repairs.
    • Step 4: The insurer will commence payments with the garage directly after your bike is fixed.
  2. Reimbursement Claim Settlement

    To submit a reimbursement claim, you must:

    • Step 1: Inform your insurer right away of the damages sustained by the insured bike and begin the reimbursement claim procedure.
    • Step 2: An insurance company surveyor will examine Your Yamaha Aerox's damage.
    • Step 3: After the inspection, the surveyor will submit a detailed assessment within 48 hours.
    • Step 4: Complete the claim form and prepare the necessary documents to submit for verification.
    • Step 5: You can take your insured Yamaha Aerox to the closest local garage for repairs after the insurer has accepted your claim. You will have to cover the cost of the repairs upfront.
    • Step 6: Submit the original bills of repairs to your provider. They will reimburse the approved amount by transferring it directly to your bank account.

Documents Required for Yamaha Aerox Insurance Claims

If are filing a Yamaha Aerox insurance claim, submit these documents to the insurer:

  • Duly filled and signed claim form
  • FIR copy (if the incident involves fire, death, property damage, or third-party injuries)
  • KYC details (if the damage is above ₹ 1 lakh)
  • Original repair bills and receipts (for reimbursement)
  • Registration Certificate (RC) copy
  • Bills related to repair
  • Driving license copy

Additional Documents Required for Yamaha Aerox Insurance Claims

Furnish the following additional documents for your Aerox insurance claim:

  • Original RC
  • NOC from the Financer (in case of loan)
  • Non-Traceable Report
  • FIR
  • RTO letter declaring the insured Aerox as 'No Use'
  • Keys / Purchase Invoice
  • Letter of Subrogation
  • Original Yamaha Aerox insurance documents

Yamaha Aerox Insurance FAQs

  • Q. How much does comprehensive Aerox insurance cover?

    Ans: In addition to the 5-year financial protection against third-party liability, your comprehensive Yamaha Aerox insurance covers damages from natural calamities, personal accidents, and losses due to riots, vandalism, theft, etc.
  • Q. Can I get premium calculations for Aerox insurance online?

    Ans: You can generate quick Aerox insurance premium estimates online using the free premium calculator tool on Policybazaar.com.
  • Q. Can I buy a 1 year Aerox insurance policy?

    Ans: Getting a 5-year third-party bike insurance policy for your two-wheeler is mandatory, including one-year own-damage cover. You can also purchase a standalone own-damage (OD) cover or personal accident cover for 1 year.
  • Q. Are personal accident cover and own-damage cover the same?

    Ans: No, personal accident coverage and own-damage coverage are not the same. Personal accident coverage offers financial protection for the insured rider's injuries or death, whereas the own-damage (OD) coverage protects the bike against damage caused by accidents, theft, or natural disasters.

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^The buying/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.

*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%.

*₹457/- per annum (₹1.3/day) is the price for third-party motor insurance for private electric two-wheelers of not more than 3KW (non-commercial). Premium is payable annually. The list of insurers mentioned is arranged according to 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 the complete list of insurers in India, refer to the Insurance Regulatory and Development Authority of India website: www.irdai.gov.in