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In India, when an individual purchases a motorcycle, it becomes vital for them to at least have a third party bike insurance policy. In case, a person is caught riding their bike without a valid two wheeler insurance plan, then they need to pay a penalty of Rs. 2000 and/or up to 3 months of jail. Yamaha MT-15 being a super bike you must purchase bike insurance to secure your bike from the unforeseen circumstances.
Since 2008, Yamaha MT-15 has been manufactured by Yamaha. It is based on the Yamaha YZF-R15, with 155cc water-cooled mono-cylinder engine equipped with the mainframe and changeable valve timing mechanism, the inverted front fork, etc. The Yamaha MT-15 MotoGP Edition has been priced in India at Rs 1,47,900 (ex-showroom, Delhi), making it most favoured than the standard colour variants by Rs 3,000.
You can refer to the below table for an estimated premium for your Yamaha MT-15 third-party/comprehensive bike insurance plan. The premium differs as per the selected variant of the bike. Yamaha MT-15 is procurable in 4 variants.
The premium of an own-damage bike insurance cover is regulated by the insurance company and depends on several factors such as the bike cubic capacity (CC), make, model, variant, fuel type, RTO location & claim history.
|Variant Name||Ex-Showroom Price|
|Yamaha MT-15 Dark Matte Blue, 155cc, Petrol|
|Yamaha MT-15 MotoGP Edition, 155cc, Petrol|
|Yamaha MT-15 Ice Fluo Vermillion, 155cc, Petrol|
|Yamaha MT-15 Metallic Black, 155cc, Petrol|