With average 1,62, 280 two-wheeler-related accidents reported in every year, having motor insurance is a necessity. Enjoy an umbrella of benefits that include coverage for your vehicle in the event of road accidents and damages caused due to natural calamities. Get the best bike insurance online in India today!
Bike insurance covers damages caused by fire outbreaks, lightning strikes, earthquakes, floods, typhoons, hurricanes and landslides and other such natural calamities.
Get coverage for burglary/theft and damages caused to your two-wheeler due to communal riots and other such malicious acts.
Two-wheeler motor insurance not only covers the rider from injuries sustained due to an accident, but it also covers the person riding pillion.
Accidents can result in damages to your two-wheeler and/or permanent disability/death of a person. Choose two-wheeler motor insurance to stay protected against legal liabilities that arise out of such incidents.
Repairing a damaged vehicle is costly. Add to that replacement of a particular two-wheeler component (engine for example) and the expenses are bound to sky-rocket. With two-wheeler insurance, you are covered for such expenses!
Be part of our 100 million+ customer base and let us take care of your financial needs.
Rain, hail, sun or storm – We're available 24X7 to assist you. Get in touch with us, anytime, anywhere!
We’ve partnered with 4000+ garages that offer cash-free servicing. Also, for garages that don’t offer this facility we provide 75% on account payment.
No part of our work is outsourced. From verification to claim processing – there’s no third-party involved.
Renew your policy online from anywhere in minutes! What’s more? No vehicle inspection needed if your policy has lapsed.
No rocket science here! Follow 5 simple steps and you’re done
Filing claims was never so simple. Just follow these steps and you’re done!
You would need to register a claim as soon as possible following the accident/theft of your car. You can register claim under your Bajaj Allianz bike insurance policy online by visiting the page here or over the phone by dialing our Toll free number - 1800-209-5858, post which you will be connected to our customer care executive who will guide you through the entire Car Insurance claim process. Use the link below to register your claim.
Please keep the following information handy while registering a claim:
Please note that in case of theft, you would need to file a police complaint as soon as possible, so that when you are registering a claim with us you are able to produce the same, along with the other documents.
Whether your two-wheeler is vandalized, meets with a collision, or gets damaged by some peril, you would need to take it to the garage, if it is in a movable condition, or have it towed there to avoid any further damage.
You will have to submit the copies of all the required documents to the garage/dealer who is helping you with your vehicle insurance claim and get them verified with the originals. Following which, we will make the payment for the repair directly to the network garage once it is ready to be sent back to you. Do note that you will have to pay the excess amount according to the norms mentioned in your policy that include depreciation amount, salvage etc. which will be informed to you by our surveyor.
If the loss is not so severe, we suggest that you avail the spot settlement of Two-wheeler Insurance claims through Bajaj Allianz Mobile settlement service.
The insurance provider may cancel your insurance policy providing a written notice 15-days prior to the date of cancellation. If no claim has been made, a refund of the premium for the unexpired policy period shall be provided on a pro-rata basis.
Your insurance policy will be cancelled for reasons such as non-disclosure of material facts, misrepresentation, fraud and non-cooperation.
As a customer, you may cancel your insurance policy by providing a written notice 15 days prior to cancellation date. If you've made no claims, the insurer will refund short-term rates for the unexpired policy period.
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Need further assistance? Reach out to us on our Toll-Free Number: 1800-209-5858 and our insurance experts will connect with you shortly.
Two-wheeler insurance is a motor insurance policy that provides a financial cover for your two-wheeler in case of theft, damage or a natural disaster. A Bajaj Allianz bike insurance policy also covers you in the event of an accident and for the liabilities arising from injuries, damages suffered by both you and a third-party. A bike insurance policy covers all the cost that might arise due to an accident or theft. You can avail a two-wheeler insurance for your bike, scooter, and moped.
You can purchase a two-wheeler insurance in a hassle-free and quick manner.
There are generally two types of two-wheeler insurance policies:
· Third-Party Liability Cover: It provides financial cover only to the third party against damages through your bike
· Comprehensive Cover: it covers the mandatory third party liability for any damages inflicted on a third party or property. It also covers any damages suffered by your bike and you.
Third-party liability cover
Nature of benefit
Provides financial coverage only to the third party against any damages arising due to your two-wheeler
Provides financial coverage to you as well as to the third party against any damages arising due to your two-wheeler
Mandatory as per the law
Not mandatory by law
Nature of coverage
Coverage against any damage/ loss to third party
Coverage against natural calamities, theft, loss or damage to the insured. It also includes a personal accident cover for the rider
No Claim Bonus is essentially a discount on your next premium payment in case you do not make any claim during the tenure of the policy.
Insured declared value (IDV) is the maximum sum assured that the insurance company will offer when you make a claim in case of theft or damage. This value is equivalent to the current market value of your two-wheeler after deducting depreciation. IDV value is used to determine the value of the compensation that will be offered to you.
Cubic capacity is the measurement of the engine capacity of your two-wheeler. It is an important factor that is considered when determining your premium amount. The premium amount increases with the increase in Cubic Capacity.
To ensure continued benefits from your two-wheeler insurance policy, you will need to renew the same before it expires. You can now renew your two-wheeler insurance policy online in a hassle free, easy and convenient way. In case your policy lapses, you sometimes might get a grace period. However, if there still a delay from the policyholder, the policy will lapse and the claims will not be accepted.
1. As a first step, you must enter your necessary details, including your policy number, date of policy and its expiry date.
2. Once you have entered this information, you will be provided with the details of your bike insurance plan which you can check and review.
3. If any updates or changes have happened in the premium amount over the duration of 6 months to one year, it will be mentioned in the renewal details.
4. Once done reviewing, you need to agree to all the stated terms and conditions, and renew your policy. Upon renewal, the policy is functional again for you to avail its benefits!
Keep your two wheeler safe with Bajaj Allianz Bike Insurance which assures you instant policy issuance at affordable premiums. With a vast network of 4,000+ cashless garages across all major cities, Finserv Markets helps you ride worry free no matter where the road takes you! Have a look at our range of bike insurance plans across a variety of brands and models you can choose from
Bajaj Allianz two-wheeler insurance (third-party) policies cover these risks: 1. Injury or death of the third-party, 2. Any damage caused to the third-party and 3. Any liability in the case of the death of the third-party or if any injury stated is unlimited.
Long-term two-wheeler insurance plans cover more than just damages caused due to natural calamities. Coverage under the best bike insurance plans on a long-term basis include accidents and any unforeseen event. In terms of benefiting from such plans, the policy holder doesn’t have to face the hassle of documentation during policy renewal, making it extremely convenient for him/her.
Sure, you can transfer up to 50% of your NCB from the old (current) insurance company to the new provider.
Let’s answer this in two parts. 1. Yes, you can renew your expired bike insurance policy online. 2. During renewal, you (the policy holder) can opt to have the Bajaj Allianz bike insurance policy coverage extended to a 3-year plan. Alternatively, you can continue with your current plan duration as well.
Upon expiry of your bike insurance policy, you are exposed to risks that were covered by your Bajaj Allianz bike insurance plan. The consequences of this are as follows: 1. Negative impact on your NCB, 2. Exposure to third-party risks and liabilities, and 3. Increase in costs related to repairs of your vehicle as these are not covered by any insurance policy.
In motor insurance terminology, IDV for bike insurance refers to the current market value of the vehicle. It corresponds to the maximum sum assured fixed on the vehicle by the bike insurance company and is paid against total loss or theft of the bike. This calculation reached at on the basis of the selling price of the bike as determined by the current manufacturer minus depreciation.
Yes, Bajaj Allianz bike insurance policies offer 24X7 spot assistance as a rider and it encompasses minor bike repairs, replacing lost keys/tyres, dealing with dead batteries, towing facilities, fuel assistance, accommodation and taxi benefits and providing legal advice.