Yamaha FZS-FI V3 Bike Insurance: Buy/Renew Policy Online

Home / Two-wheeler Insurance / Yamaha FZS-FI V3 Bike Insurance

Yamaha FZS-FI V3 is getting all the attention, and rightly so since it comes packed with a powerful 149cc single-cylinder engine providing enhanced performance and mileage. The forward massive form design of the bike turns heads each time you take it out for a spin.

If you own this powerful bike or are thinking of investing your hard-earned money in this beauty in the future, we highly recommend you get Yamaha FZS-FI V3 bike insurance to protect yourself financially in case of any unfortunate accidents.

Besides, The Motor Vehicles Act of 1988 mandates each bike owner to hold valid insurance for their bike. You might have to face some legal consequences if you do not get your Yamaha FZS-FI V3 bike insurance.

About Yamaha FZS-FI V3 Bike Insurance

Getting Yamaha FZS-FI V3 bike insurance is an all-securing plan to save you or your loved one from financial burden.

When you take your bike out on the road, you could be beset by various incidents like road accidents, irreparable damage, theft, etc. In such cases, if you hold valid bike insurance, most of the expenses will be covered by the insurance policy.

Benefits of Yamaha FZS-FI V3 Bike Insurance

Some might deem bike insurance an unnecessary expense. While it might seem like a needless expenditure now, it could become a savior in the future. Here are the benefits of Yamaha FZS-FI V3 bike insurance you must know to make a smart decision.

Covers Third-Party Liabilities

If you have Yamaha FZS-FI V3 bike insurance, the policy covers all the injuries caused to the third party. This saves you and the injured third party from hefty and unavoidable medical expenses.

Abide by Road Rules

As mentioned earlier, The Motor Vehicles Act of 1988 makes it mandatory for each bike owner to hold valid bike insurance. Failure to insure your bike may result in traffic fines of up to Rs. 4,000 and/or imprisonment of up to three months.

Save on Repairs

Once you start riding a bike, it needs maintenance and repairs. Your savings can take a hard hit each time you pay the repair bill yourself.

If you avail of a valid and comprehensive Yamaha FZS-FI V3 bike insurance plan, ACKO will cover the bill, and you will only have to pay a little from your pocket.

Types of Bike Insurance Policies for Yamaha FZS-FI V3

You can choose from two major Yamaha FZS-FI V3 bike insurance plans, namely, a Third-party Bike Insurance Policy and a Comprehensive Bike Insurance Policy. Here are the details.

Third-Party Bike Insurance Policy

Under this plan, if a third party is injured and/or damages their property, the losses are covered, and you don't have to pay from your pocket. However, remember that this policy does not cover the damages sustained by the bike. In such cases, you are responsible for getting your bike repaired.

Comprehensive Bike Insurance

This type of insurance policy, as the name suggests, covers everything. It covers third-party liabilities as well as damages to the insured bike. Additionally, it also covers other unfortunate events, such as:

Theft of the insured bike

Damage to the bike due to vandalism/riots

Damage to the bike due to natural calamities

Inclusions of Yamaha FZS-FI V3 Bike Insurance

When you purchase a Yamaha FZS-FI V3 bike insurance plan, the inclusions and exclusions will be clearly stated in the policy.

The typical inclusions for Yamaha FZS-FI V3 bike insurance are:

Damage caused to the third party, including both bodily injuries and property damage
Damage caused due to natural disasters like floods, earthquakes, hailstorms, etc.
Damage due to fire
Damage sustained during transit and transportation
Theft
Damage caused by vandalism and rioting

Exclusions of Yamaha FZS-FI V3 Bike Insurance

Here are exclusions under the Yamaha FZS-FI V3 bike insurance are as follows:

If the policy has expired and not been renewed, you cannot raise a claim.
Damage incurred while drinking and driving is not covered.
Driving without holding the relevant official documents can lead to claim rejection.
The insurance plan does not cover mechanical and electrical damages.
Non-compliance with traffic rules can lead to the rejection of the claim.
Intentional and consequential damages cannot be claimed.
Only damages incurred within the insurance policy's covered geographical area can be covered.

Add-Ons for Yamaha FZS-FI V3 Bike Insurance

If certain liabilities are not covered under the Comprehensive Insurance, you can purchase add-ons to enhance the coverage. Please note the below add-ons are subject to availability.

Outstation Emergency Cover
Zero Depreciation Cover
Consumables Cover
Roadside Emergency Assistance Cover
Key Protection Cover
No Claim Bonus Protect Cover

Why Acko

By now, you probably understand why you need Yamaha FZS-FI V3 bike insurance. Another important decision to make is regarding your insurance company - this is where ACKO comes to your rescue. With ACKO, you can conveniently purchase your Yamaha FZS-FI V3 bike insurance in seconds. Here are other benefits of choosing ACKO as your insurance partner.

Quick and Easy Claim Settlement

ACKO offers a hassle-free claim settlement process. Minor damage claims can be processed in just a few hours. With big claims, we try to settle them within a few days, depending on the severity of the damages.

Highly Affordable

All our bike insurance plans are custom-made and pocket-friendly. We do not depend on middlemen. Hence, there is no commission involved. These savings are passed on to you in the form of low-cost bike insurance plans.

Easy Documentation

We have made the insurance buying process quick and easy. You don’t have to fill out lengthy forms and complete other documentation. Visit our official website, upload some necessary documents, choose your plan, and get your bike insured instantly.

Claim Process for Yamaha FZS-FI V3 Bike Insurance

These are the simple steps you will have to follow to get your Yamaha FZS-FI V3 bike insurance claim.

Visit our website
Log in using your credentials
Find your insurance plan from the dashboard and click on ‘Claim Now’
Answer all the questions
Upload all the necessary documents and images
Click on ‘Submit’

FAQs

Here are common questions and their answers about bike insurance for Yamaha FZS-FI V3.

Can I raise a claim against my Yamaha FZS-FI bike insurance immediately after buying an insurance plan?

Yes, you can raise a claim whenever you want, as insurance plans do not have a waiting period. Your bike is insured the second you purchase and finalise the plan.

Is it a good idea to buy a Roadside Assistance Cover as an add-on for my Yamaha FZS-FI V3 bike?

Yes, it is a good idea to buy roadside assistance as an add-on, as it can save you from the inconvenience caused due to conditions like a flat tyre, engine failure, etc.

Is it mandatory to buy add-ons with a bike insurance plan?

No, it is not mandatory to buy add-ons with a bike insurance plan.

Which is the most affordable Yamaha FZS-FI V3 bike insurance plan?

A third-party liability insurance plan is the most affordable option you can pick; however, it does not cover damage incurred by the bike. Hence, opt for the Comprehensive Bike Insurance Policy for wider coverage.

Disclaimer: The plans, services, features, processes, and other details mentioned on this page are subject to availability and changes. Please check the applicable policy wordings before making any insurance-related decisions. Feel free to reach out to us at [email protected] for any queries.