Yamaha Motorcycle Insurance is a factory endorsed insurance offering designed to suit your riding needs.
Do you like getting out on the open road, or are you more the off road type? Either way your needs are protected through Yamaha Motorcycle Insurance. Our market leading features and benefit are unique for our Yamaha riders and we have a seamless fast & efficient claims service should something go wrong.
Our fantastic products on offer are:
Comprehensive Cover - Road Registered
Our comprehensive insurance cover protects your motorcycle against accidental damage, fire and theft. It may cover your legal liability for damage done to a third parties property.
Some features of the insurance are:
- 3 years replacement option on your new Yamaha motorcycle
- Lifetime guarantee on all authorised repairs
- We ensure that your motorcycle is repaired with genuine Yamaha parts only
- Up to $3,000 total cover for riding gear
- Up to $1,500 to replace your lost keys and/or locks
- We can also look at discounting your premium by only providing cover for the months you do use your Yamaha.
- We pay up to $500.00 for personal effects, if triggered by an incident
- Up to $1000 cover for counselling sessions (rider) and up to $3000 for eligible members (wellness cover)
Full details of the features, conditions and exclusions of the cover are in the Product Disclosure Statement (PDS).
Policies between 1 November 2017 to 29 November 2020
For YMI Comprehensive Motorcycle Insurance policies purchased between 1 November 2017 and 29 November 2020, please refer to the Product Disclosure Statement (PDS) and the supplementary PDS.
Third Party Fire & Theft – Off Road Motorcycles
If you love riding off road, then your ride needs protection through Yamaha Motor Insurance off road rider. With market leading features and benefit, we offer protection against Fire and Theft and we cover part of the repair costs for accidental damage.
Some features of our great protection are:
- We will pay up to 50% of the repair cost if you have an accident
- Towing to the nearest repairer or place of safety
For full terms and conditions simply download the relevant disclosure statement below. YMI Off-Road Insurance SPDS - This is to be read in conjunction with your current PDS.
Third Party Only Cover
- $20 million Third party Legal Liability Cover
Loan Protection Insurance
If you were to get sick, injured or lose your job, we can provide insurance so you don’t have to worry about your loan repayments while you get yourself back on your feet. The insurance under this PDS is to assist with Your Loan repayments, to Your Credit Provider, in the event of any of the following circumstances occurring:
- You become disabled and are unable to work in any occupation for which you are reasonably qualified due to an accident, sickness or medical condition
- You suffer Incapacitation due to an Accidental Injury
- You become Involuntarily Unemployed
- You suffer a specified Traumatic Event
- Your death we make any payments under the Policy to Your Credit Provider.
Gap Cover
YMI GAP Cover helps protect you from suffering significant financial loss if your new motorcycle is stolen or damaged beyond repair. In some circumstances there may be a "Gap" between its insured value and what you still owe the financier. You may also suffer "Out of Pocket" expenses whilst trying to find another motorcycle. YMI Gap Cover protects you from falling in to this financial "Gap" and suffering financial loss & inconvenience.
- A choice of 3 different levels of cover
- $2,500 Extras Cover
- No excess on claims
- A simple one-off premium protects you for the duration of your loan
Motorcycle Tyre & Rim Cover
YMI Tyre & Rim Cover is a simple and easy to understand insurance policy that provides cover for repair or replacement of damaged tyres, as well as damaged wheel rims.
To learn more be sure to contact us.
