Suzuki has always marveled when it comes to mixing sound engineering with head-turning looks. Suzuki Hayabusa is the prime example of this as it has dominated the bike industry in India for many years owing to its jaw-dropping performance and extremely attractive looks. As a result, it is one of the most popular bikes among superbike enthusiasts.
If you love speed and are planning to buy Suzuki Hayabusa, do keep in mind to buy a Suzuki Hayabusa bike insurance policy as well. As per The Motor Vehicle Act of 1988, it is illegal to drive your bike on the road without having at least a basic valid insurance policy. We at IFFCO-Tokio understand this and offer you a range of Suzuki Hayabusa insurance policies that are not only in your budget but also extensive in coverage.
When buying a Suzuki Hayabusa bike insurance policy, you can either choose to buy the basic third-party Suzuki Hayabusa bike insurance policy or go with the comprehensive Suzuki Hayabusa bike insurance policy. The first is mandatory by law while the latter is better preferred due to its comprehensive coverage.
As stated above, riding your bike without a valid insurance policy is illegal in India. However, that is not the only reason to get your Suzuki Hayabusa bike insurance policy. Accidents can happen anytime and whenever they do, if you are not prepared, you would a long bill of repairs to take care of. IFFCO-Tokio’s Suzuki Hayabusa bike insurance policy will give you financial protection in such events and help you have peace of mind when it comes to getting your bike repaired.
If you choose to buy a third-party Suzuki Hayabusa insurance policy, you will be covered against the financial and legal liabilities towards the third concerning party in the accident. On the other hand, if you decide to opt for the comprehensive Suzuki Hayabusa insurance policy, you will be covered for the third-party liabilities as well as for your own damages.
That being said, a comprehensive Suzuki Hayabusa insurance policy would also cover you against natural and man-made calamities like earthquakes, floods, thefts, riots, landslides, and so on.
Head over to your nearest IFFCO-Tokio office and get help from our sales team in purchasing the apt Suzuki Hayabusa insurance policy for you or visit our website and get the policy online. Follow these 3 simple steps If you wish to buy your Suzuki Hayabusa insurance policy online -
Visit the IFFCO-Tokio website and enter a few basic details about you and your bike. After entering details like your name, age, mobile number, bike registration number, bike’s model, and such, you will be able to view the Suzuki Hayabusa insurance policies that are the most suitable for you.
Choose a Suzuki Hayabusa insurance policy that perfectly suits your budget and coverage requirements. You can even include various add-ons in your policy if you choose to buy a comprehensive Suzuki Hayabusa insurance plan.
Once you have selected the right Suzuki Hayabusa insurance policy, proceed to complete the process by making the payment on our secure website. Once the payment process is completed, your Suzuki Hayabusa insurance policy will be emailed to you instantly!
We would love to help you in person when you visit our offices. However, you can enjoy the following benefits if you choose to buy your Suzuki Hayabusa insurance policy online -
Buy the policy in just a few clicks by using our easy-to-use website.
Purchase the Suzuki Hayabusa insurance policy at your convenience.
The entire process of buying your policy online is paperless and a soft copy of the same is emailed to you instantly after you make the payment.
This would depend on whether you go for a third-party Suzuki Hayabusa bike insurance policy or a comprehensive Suzuki Hayabusa two-wheeler insurance policy.
Coverage under a third-party bike insurance policy
Coverage under a comprehensive bike insurance policy
A comprehensive Suzuki Hayabusa insurance policy is considered to be the ideal choice for any policyholder. This is because this type of policy covers the third party and also the policyholder. Here’s what the comprehensive Suzuki Hayabusa two-wheeler insurance policy covers:
Here are some recommended add-ons that can widen the coverage of your Suzuki bike insurance policy.
Zero-depreciation cover pays the entire claim amount without deducting depreciation value at the time of settling the claim.
This add-on keeps your no claim bonus safe even if you made a claim in the previous year.
If your vehicle is deemed a total loss, the add-on cover helps you get the original invoice price of the vehicle, including road tax and registration charges.
These are some of the standard exclusions of a bike insurance policy in India.
Types of bike insurance we provide:
Third-party Suzuki Hayabusa two-wheeler insurance policy only covers any damage to a third party, including death, bodily harm, injury, and damage to a property in case of an accident or collision involving your bike.
Comprehensive Suzuki Hayabusa two-wheeler insurance policy covers both third-party liabilities as well as own damage to your bike. It also covers both natural and man-made calamities. These comprehensive Suzuki Hayabusa two-wheeler insurance plans also allow you to include add-ons for a wider coverage!
You can also include the zero-depreciation cover to your comprehensive Suzuki Hayabusa two-wheeler insurance policy. This will ensure that in case of an accident, you get complete reimbursement for part replacements without any deduction for depreciation. Great, isn’t it?
You should be aware of the following bike insurance terms before you buy the Suzuki Hayabusa two-wheeler insurance policy.
Premium is the cost of your Suzuki Hayabusa insurance policy. It is the amount you have to pay to enjoy bike insurance coverage. It is usually payable annually, except for the case of long-term Suzuki Hayabusa two-wheeler insurance plans, where it is usually paid once every 3 years.
The financial protection provided by your Suzuki Hayabusa two-wheeler insurance policy is known as coverage. The coverage of a Suzuki Hayabusa insurance policy will vary based on the insurance provider and the type of Suzuki Hayabusa two-wheeler insurance plan you purchase.
Add-ons are extra amounts of financial protection that you can purchase to widen the coverage of your Suzuki Hayabusa two-wheeler insurance policy.
IDV stands for Insured Declared Value. It is the listing price of your bike minus depreciation. In case of a total loss or theft of your bike, IDV is the maximum compensation your insurance provider will offer.
NCB is a discount you get when you renew your plan after a claim-free year. This discount will keep increasing for every claim-free year. You can avail a maximum discount of 50% year after year for not making any claims against your Suzuki Hayabusa insurance plan.
It’s simple! Just use our bike insurance premium calculator. This online tool allows you to check the premium of your Suzuki Hayabusa two-wheeler insurance policy using some very basic information. To calculate the premium, you must provide the following details:
Our bike and scooter insurance plans are like an extension of your protective gear. They keep you safe, wherever the road might take you! From the headlight to the tail-lamp, we’ve got you covered!
We use innovation and technology to provide you with quicker and more convenient insurance solutions. For example, your policy can be issued instantly through our distribution channels. You can also use our QCS (Quick Claim Settlement) App to accelerate your claim process and get up to Rs. 20,000 transferred to your bank account within a few minutes - all with just a few clicks on your smartphone.
With close to 20 years of experience in the insurance industry, we have settled more than 8 lakh claims (in FY19) with a settlement ratio of 95.80% (in FY21). This is just one of the reasons why 1,00,000+ individuals entrust us for their bike insurance needs.
We provide cashless services in more than 4300 garages, which are evenly spread across the country.
We offer a QCS facility under which bike insurance claims get settled seamlessly within minutes.
For 20 years, we have been servicing our customers with a wide range of insurance policies.
We’ve settled a total of 8.61 lakh claims in FY2019 and have a claim settlement ratio of 95.80%(FY21).
IFFCO-Tokio won the 2019 IDC Digital Transformer Award for India for AI-based claim assessment of damaged vehicles. We have also won the BFSI Digital Innovation Award by Express Computers, Indian Express Group, as well as the Digital Insurer of the Year 2019 by Insurance Asia News Awards for Excellence.
Our policies can be brought from more than 20,000 agents and branches having a wide presence throughout the country.
Through our QCS app:
If you wish to make a claim for compensation, you can do so using our QCS (Quick Claim Settlement) app. All you have to do is upload related documents, photos, and videos of the damages you want to make a claim for. We will review the documents and other details uploaded by you and approve your claim (we have a claim settlement ratio of 95.80%). After this, the estimated amount for repairs will be sent to your bank account within minutes. Please note, for claims made through an application, the maximum claim amount will be Rs. 20,000.
Online/telephonic claims:
You can register a claim for compensation online or by reaching us on 1800-103-5499.
To make a claim online, you will have to log in with your registered Email ID and Password. When you log in, go to ‘make a claim’ option and follow the steps mentioned. If you register a claim over a call, our customer care executives will guide you with further procedure.
Two-Wheeler Insurance
The quality of service has improved overtime.
Rated by: Sandhya Pillai
Two-Wheeler Insurance
I filed for my bike insurance claim online and this was the fastest renewal I ever experienced.
Rated by: Abhinav Rathore
Two-Wheeler Insurance
Nothing matches the quality of service offered by IFFCO Tokio.
Rated by: Abhay Nair
Two-Wheeler Insurance
It’s been 3 years I have got the two wheeler insurance policy from IFFCO Tokio and it is extremely good.
Rated by: Kantilal Gala
Two-Wheeler Insurance
Reliable coverage, hassle-free claims process
Rated by: Suman Bijlani