Yamaha Mt 15 Insurance

Yamaha MT 15 Summary

Yamaha MT 15 is a sports bike with a unique look having all the features of a hyper naked with a wide handlebar and agile handling function. It is a dynamic light weight bike of 138 kgs and has around 10 litres of fuel tank capacity. MT 15 is available in 4 variants , 4 colours and the price ranges between 1.40 Lakh to 1.48 Lakh. The bike features unique traits of transformer style fairing along with an LED projector headlamp, sculpted tank and a petite tail section along with wide handlebars.

Yamaha MT 15 Bike Insurance

In India, when an individual purchases a bike, it becomes really important for them to at least have a third party bike insurance plan in order to ride their bike legally on the public roads. In case, a person is caught riding their bike without a valid bike insurance plan, then they need to pay a penalty of Rs. 2000 and/0r up to 3 months of imprisonment.

Types of Bike Insurance Plans

There are broadly three types of bike insurance plans available in the market:

1. Comprehensive Bike Insurance Plan

A comprehensive bike insurance plan offers coverage to the policyholder against own damage as well as third party damages i.e third party property or third party person. An own damage event could include burglary, theft, natural disaster, riots, terrorist activity, theft or any damages caused during travel.

2. Third Party Bike Insurance Plan

A third party liability insurance provides basic coverage to the policyholder. It offers protection against damages or losses to the third party vehicle and third party bodily injuries. This is the cheapest insurance plan available when compared to a comprehensive and own damage bike insurance plan. This is because it offers only basic coverage and it is mandatory to at least hold a third party bike insurance plan in order to avoid any legal actions on being caught.

3. Own Damage Bike Insurance Plan

The standalone own damage bike insurance plan is meant to offer coverage to the policyholder against any kind of damages or losses caused because of a mishap such as riot, theft, fire, etc or an accident. This bike insurance plan ought to be bought along with a compulsory third party bike insurance plan as this insurance plan offers coverage to your own vehicle and to a third party.

How to Purchase Bike Insurance for Yamaha MT-15 from InsuranceDekho?

Listed below are simple steps on how you can purchase bike insurance for your Yamaha MT-15 from InsuranceDekho:

Step 1: First, visit the InsuranceDekho website.

Step 2: Next, you need to fill in your bike number under the ‘Get your quotes’ option. However, in case you do not know your bike number, you can continue by entering your car’s brand, model, variant, fuel type, location and registration year.

Step 3: Enter your name and contact number to generate the best bike insurance plan quotes.

Step 4: Do the proper comparison and select the best insurance plan quote based on your requirements and budget.

Step 5: Lastly, make the necessary payment for the chosen bike insurance plan. The documents would be sent to you instantly on your registered email-Id.