- Retail Insurance
- Business Insurance
- Resources
- Claims
Protecting your Yamaha XSR 155 with the right bike insurance helps you stay financially covered against accidents, theft, natural calamities and third-party liabilities. Under the Motor Vehicles Act, 1988, every motorcycle in India must have at least a valid third-party insurance policy before it can be ridden on public roads.
The Yamaha XSR 155 is a premium neo-retro motorcycle that blends classic styling with modern engineering, making it a valuable investment for enthusiasts and daily riders alike. A comprehensive bike insurance policy not only fulfils legal requirements but also protects you from unexpected repair costs, damage caused by insured events and financial losses due to theft.
The Yamaha XSR 155 insurance price depends on the type of policy you choose, the insurer, the bike's IDV, registration city and any add-on covers included in the policy. While third-party bike insurance meets the legal requirement, a comprehensive bike insurance policy offers broader protection for your motorcycle.
| Bike Model | IDV [1st Year] | Zero Depreciation | Net Premium [5 years] |
|---|---|---|---|
| Yamaha XSR 155 | ₹1,26,350 | ₹227 | ₹11,058 |
The Yamaha XSR 155 is a neo-retro motorcycle that combines vintage-inspired styling with Yamaha's proven 155 cc performance platform. Designed for riders who want modern performance with a classic look, it shares several mechanical components with the Yamaha R15 and MT-15 sold internationally.
| Specification | Details |
|---|---|
| Ex-showroom price | ₹1,49,990 onwards* |
| Engine capacity | 155 cc, liquid-cooled, single-cylinder, SOHC, 4-valve |
| Mileage | 45.5 km/l |
| Power & torque | 18.4 PS @ 10,000 rpm & 14.2 Nm @ 7,500 rpm |
| Transmission | 6-speed manual with Assist & Slipper Clutch |
| Fuel tank capacity | 10 litres |
| Kerb weight | 137 kg |
| Braking system | Front and rear disc brakes |
| ABS | Dual-channel ABS |
| Tyre type | Tubeless (rear radial) |
| Top speed | Around 135 km/hr |
| Emission standard | BS6 Phase 2 (OBD-2B), E20 compatible |
| Key retro-modern styling features | Round LED headlamp, teardrop fuel tank, tuck-and-roll seat, aluminium brackets and retro-inspired bodywork |
| Digital instrument console | Fully digital LCD display with smartphone connectivity (Y-Connect) |
| LED lighting | LED headlamp, tail lamp and indicators |
| Suspension | Upside-down telescopic front forks and rear link-type monoshock |
Note: The ex-showroom price varies depending on the colour variant and may change based on Yamaha's latest pricing and your city of purchase.
Third-party insurance costs less than a comprehensive policy as it only covers third-party liabilities.
A higher IDV increases the insurance premium because the insured value of the bike is higher.
Premiums may vary based on the city where the motorcycle is registered.
New motorcycles usually attract a higher premium than older ones due to their higher market value.
Riders who renew without making a claim can receive a discount on the own-damage premium.
Optional covers such as Zero Depreciation, Engine Protection and Roadside Assistance increase the premium while enhancing protection.
Choosing a higher voluntary deductible can lower the premium payable.
Premiums vary across insurers due to differences in underwriting and available discounts.
A Yamaha XSR 155 insurance policy protects you against financial losses arising from accidents, theft and third-party liabilities. The coverage depends on whether you choose third-party or comprehensive bike insurance.
| Covered Under Insurance | Not Covered Under Insurance |
|---|---|
| Third-party liability: Covers legal liabilities arising from injury, death or property damage caused to a third party. | Normal wear and tear: Damage due to regular use, ageing, depreciation or corrosion is not covered. |
| Own damage cover: Pays for repairs if your Yamaha XSR 155 is damaged due to an accident, fire, theft or insured events. | Mechanical or electrical breakdown: Failures caused by internal defects or routine maintenance issues are excluded unless covered by a valid add-on. |
| Theft cover: Compensates you up to the insured declared value (IDV) if the bike is stolen and not recovered. | Riding without a valid driving licence: Claims may be rejected if the rider does not hold a valid licence. |
| Natural calamities: Covers damage caused by floods, cyclones, earthquakes, landslides and storms. | Drunk or intoxicated riding: Damage occurring while riding under the influence of alcohol or drugs is not covered. |
| Man-made calamities: Covers losses due to riots, vandalism, malicious acts and terrorist incidents, as per policy terms. | Consequential loss: Any indirect financial loss resulting from an accident or theft is excluded. |
| Fire and explosion: Covers damage resulting from fire, self-ignition, lightning or explosion. | Policy exclusions: Damages arising from war, nuclear risks or other exclusions mentioned in the policy wording are not covered. |
| Personal accident cover: Offers financial compensation to the owner-driver in case of accidental death or permanent disability. | Using the bike outside the policy terms: Claims may be denied if the Yamaha XSR 155 is used for racing, speed testing, commercial purposes or any use not covered under the policy. |
| Cashless repairs: Lets you repair the bike at the insurer's network garages without paying the full repair bill upfront, subject to policy terms. | Damage after policy expiry: Incidents occurring when the insurance policy has expired are not covered. |
| - | Tyre and tube damage: Damage limited to tyres or tubes is not covered unless the motorcycle is damaged in the same accident or a Tyre Protect add-on is available and applicable. |
The Insured Declared Value (IDV) is the current market value of your Yamaha XSR 155 and represents the maximum amount your insurer will pay if the motorcycle is stolen or declared a total loss. It is calculated after applying depreciation to the bike's ex-showroom price, as per IRDAI guidelines.
For example, if you purchase a Yamaha XSR 155 with an ex-showroom price of ₹1,49,990, the IDV during the first policy year may be close to its purchase value. As the motorcycle ages, depreciation is applied every year, reducing the IDV and, in turn, the insurance premium.
| Bike Age | Illustrative IDV* |
|---|---|
| At purchase | ₹1,49,990 |
| After 1 year | ₹1,27,000 |
| After 2 years | ₹1,14,000 |
| After 3 years | ₹1,02,000 |
| After 4 years | ₹90,000 |
| After 5 years | ₹79,000 |
*These figures are illustrative and meant to explain how depreciation affects IDV. The actual IDV depends on the insurer's depreciation schedule, the motorcycle's age and the applicable policy terms.
Provides a higher claim amount in case of theft or total loss but also increases the insurance premium.
Reduces the insurance premium but also lowers the maximum claim amount payable.
Choosing an IDV that closely reflects the motorcycle's market value helps ensure adequate financial protection without overpaying for insurance.
Buying or renewing your Yamaha XSR 155 insurance online is quick and convenient. You can compare multiple insurers, customise your coverage and complete the purchase, everything on Coverfox.
Step 1: Enter your bike details: Provide your Yamaha XSR 155's registration number. If the bike is new, enter the make, model, variant and registration details.
Step 2: Compare insurance plans: Compare third-party, standalone own-damage and comprehensive insurance plans from multiple insurers.
Step 3: Select your coverage: Choose the policy type, Insured Declared Value (IDV) and any add-on covers such as Zero Depreciation, Engine Protection or Roadside Assistance.
Step 4: Review the premium: Check the policy benefits, inclusions, exclusions and premium before proceeding.
Step 5: Make the payment: Pay the premium securely using your preferred payment method.
Step 6: Receive your policy: Once the payment is successful, your Yamaha XSR 155 insurance policy is issued digitally and shared via email.
Step 1: Enter your existing policy or bike registration number.
Step 2: Review your current policy details and renewal premium.
Step 3: Update your coverage, IDV or add-on covers if required.
Step 4: Verify your No Claim Bonus (NCB), if applicable.
Step 5: Complete the payment online.
Step 6: Receive the renewed policy instantly in digital format.
Filing a Yamaha XSR 155 insurance claim is straightforward when the required documents are available. Depending on where you get the bike repaired, you can opt for either a cashless claim or a reimbursement claim.
Choose the cashless claim option if you get your Yamaha XSR 155 repaired at one of your insurer's authorised network garages.
Step 1: Inform your insurer immediately after the accident or insured event.
Step 2: Register your claim online, through the insurer's app or customer support.
Step 3: Take your Yamaha XSR 155 to the nearest authorised network garage.
Step 4: Submit the required documents and allow the insurer to inspect the motorcycle.
Step 5: Once the claim is approved, the insurer settles the repair bill directly with the garage.
Step 6: Pay only the applicable deductibles, depreciation (if applicable) and non-covered expenses before collecting your bike.
Insurance policy copy
Registration Certificate (RC)
Valid driving licence
Claim form (if required)
FIR (mandatory in cases such as theft or when required by law)
Repair estimate provided by the garage
Any additional documents requested by the insurer
A reimbursement claim is suitable when your Yamaha XSR 155 is repaired at a garage that is not part of the insurer's network.
Step 1: Notify your insurer about the incident and register the claim.
Step 2: Get the motorcycle inspected if instructed by the insurer.
Step 3: Repair your Yamaha XSR 155 at your preferred garage and pay the repair bill.
Step 4: Collect all original invoices, receipts and repair documents.
Step 5: Submit the claim form along with the required documents.
Step 6: After claim verification and approval, the insurer reimburses the admissible amount to your registered bank account.
Duly filled claim form
Insurance policy copy
Registration Certificate (RC)
Valid driving licence
Original repair bills and payment receipts
Repair estimate and final invoice
Bank account details or cancelled cheque
FIR, wherever applicable
Photographs of the damaged motorcycle, if requested
Any additional documents required by the insurer
Note: The documents required and the claim settlement process may vary slightly across insurers. Always refer to your insurer's policy terms and claim guidelines for the exact requirements.
Covers repair expenses if your Yamaha XSR 155 is damaged due to an accident, fire, natural calamities or man-made events.
If the motorcycle is stolen and not recovered, the insurer compensates you up to the applicable Insured Declared Value (IDV).
Covers legal liabilities arising from injury, death or property damage caused to a third party.
Premium components such as LED lighting, disc brakes and suspension can be costly to repair or replace after an accident.
You can enhance your policy with add-ons such as Zero Depreciation Cover, Engine Protection, Roadside Assistance and Return to Invoice Cover.
Whether you ride daily or occasionally, comprehensive insurance helps reduce unexpected financial expenses resulting from insured events.
Buying your Yamaha XSR 155 insurance through Coverfox lets you compare multiple insurers in one place and choose a policy that fits your budget and coverage requirements.
View quotes from multiple insurance companies side by side without visiting different websites.
Compare third-party, standalone own-damage and comprehensive plans before making a decision.
Select the IDV and add add-ons such as Zero Depreciation, Engine Protection or Roadside Assistance based on your needs.
See policy benefits, inclusions and premiums upfront to make an informed choice.
Complete the purchase online and receive your policy digitally within minutes after successful payment.
Renew your Yamaha XSR 155 insurance online without lengthy paperwork.
Get support from the Coverfox team throughout the claim process, from claim registration to settlement guidance.
Buy or renew your policy through a safe and convenient digital platform.
Disclaimer: The information provided on this page is for general informational purposes only. Insurance coverage, premiums, add-on availability, claim settlement and policy terms may vary across insurers. Please refer to the policy wording for complete details before purchasing or renewing your Yamaha XSR 155 insurance policy.
Yes. Under the Motor Vehicles Act, 1988, every Yamaha XSR 155 ridden on public roads must have at least a valid third-party bike insurance policy.
The Yamaha XSR 155 insurance price depends on factors such as the insurer, policy type, registration city, IDV, No Claim Bonus (NCB) and the add-on covers selected. Comprehensive insurance generally costs more than third-party insurance because it offers wider coverage.
A comprehensive bike insurance policy is the most suitable option for the Yamaha XSR 155 as it covers both third-party liabilities and damage to your own motorcycle. It also allows you to enhance coverage with add-on covers.
Yes. Theft is covered under a comprehensive bike insurance policy. If the motorcycle is stolen and not recovered, the insurer settles the claim up to the applicable IDV, subject to the policy terms and conditions.
The insurance premium depends on several factors, including type of insurance policy, Insured Declared Value (IDV), registration location, age of the motorcycle, No Claim Bonus (NCB), add-on covers selected, voluntary deductible, and insurer's pricing.
You can lower your premium by comparing plans from multiple insurers, maintaining a claim-free record to earn a No Claim Bonus (NCB), choosing only the add-on covers you need, Opting for a suitable voluntary deductible, and renewing your policy before it expires.
Yes. If you sell your Yamaha XSR 155, the insurance policy can be transferred to the new owner. The buyer must apply for the transfer with the insurer by submitting the required documents, including the Registration Certificate (RC), sale agreement and applicable transfer forms, within the prescribed timeline.
