LOANS

INSURANCE

INVESTMENTS

CARDS

eStore

Discover

MY OFFERS

CUSTOMER PORTAL

ABOUT US

CONTACT US

✓No Inspection Policy Issuance ✓24x7 Assistance ✓Quick Claim Processing | Buy a Acko or Bajaj Allianz Bike Insurance Plan Starting at ₹457/year*

Bajaj Two Wheeler Insurance Online - Cost & Specifications

Bajaj Two Wheeler Insurance offers great coverage against accidents, natural calamities, theft, etc. To purchase Bajaj two-wheeler insurance online, visit their website, and enter your phone number and bike registration number. Choose and compare a suitable plan, fill in the insurance application form, pay the premium amount instantly, and get your 2-wheeler insurance. 

If you are choosing the Bajaj Platina 100, its ex-showroom price is ₹52,915, it runs on petrol and the estimated 3rd party premium amount will be ₹714. Likewise, if you are going in for the Avenger 160 or the pulsar 180, the ex-showroom price can be between ₹1,11,000-₹1,16,000 and the 3rd party premium amount could be around ₹1,366.

READ MORE

Bajaj Bike Insurance

Bajaj Auto is a company known for budget two-wheelers that offer unparalleled mileage. Reputed for their durability, reliability and quality, Bajaj is the second-largest motorcycle manufacturing company in the country and the sixth-largest manufacturer internationally. The ex-showroom price in Delhi for Bajaj bikes starts at ₹52,900 and goes up to ₹2.22 Lakhs for the most expensive model. Buying a new two-wheeler is a big investment so it’s natural that you will want to keep it covered against damages and expenses. In order to be covered for any damage to your valuable Bajaj bike due to accidental damages, natural calamities or theft, it is essential to get comprehensive Bajaj bike insurance. Further, let’s take a look at Bajaj bike insurance options and the process to buy it.

Bajaj Bike Insurance Price for Popular Models

You can take a look at the Bajaj bike insurance price for popular Bajaj models in the table given below:

Bajaj Bike Models

Bajaj Bike Price (ex-showroom) *

Fuel Type

Estimated Third-Party Premiums**

Bajaj Platina 100

₹52,915

Petrol

₹714

Bajaj Avenger 160

₹1.11 lakh

Petrol

₹1366

Bajaj Pulsar 180

₹1.16 lakh

Petrol

₹1366

Bajaj Pulsar 125

₹81,380

Petrol

₹714

Bajaj Pulsar NS200

₹1.39 lakh

Petrol

₹1366

Bajaj Pulsar RS200

₹1.68 lakh

Petrol

₹1366

Bajaj Dominar 400

₹2.22 lakh

Petrol

₹2804

 

 *The ex-showroom Bajaj bike prices are for Delhi and are subject to change on the basis of the city.

**Third-party premium rates are indicative. The actual premium that you may have to pay may change depending on various factors. Please check the prevailing premium rates before purchasing your bike insurance policy.

How to Buy Bajaj Bike Insurance Online Instantly

If you are looking to purchase bike insurance online, you can buy one in minutes on the Bajaj MARKETS website. Just follow the simple set of instructions given below:

Step 1: Visit the ‘Bike Insurance Calculator’ page on the website.

Step 2: Enter your bike registration details on the form that appears on the page, along with other relevant information like personal details.

Step 3: Check and review the Bajaj bike insurance options available on the page.

Step 4: Select a plan that suits your preferences

Step 5: Pay the online premiums through digital payment.

Upon successful payment, your Bajaj bike insurance plan will be activated.

How to Renew Your Bajaj Bike Insurance Online

If your Bajaj bike insurance plan is going to expire soon, you also have the option to renew it online by following the steps given below:

Step 1: Visit the ‘Bike Insurance Renewal’ page of any insurance provider’s website.

Step 2: Enter your existing policy details and bike registration/model details on the page.

Step 3: Choose a plan from the set of Bajaj bike insurance renewal plans that appear on the screen.

Step 4: Pay the online insurance premiums for your chosen Bajaj bike renewal plan.

Step 5: Your Bajaj bike insurance plan will shortly be renewed.

Read More: Bike Insurance Renewal

Why is it Important to Insure Your Bajaj Auto’s Bike?

Bajaj bikes are some of the toughest, most durable motor vehicles that you can get your hands on. However, no matter how great the bike features and specifications are, unforeseen events are unavoidable. While road accidents can cause emotional stress to everyone involved, they can also lead to a significant financial loss due to repair costs. The cost of repairs for a Bajaj bike can go up to ₹50,000 or more depending on the extent of damage and the type of bike model. Hence, it is best to cover your Bajaj bike with a comprehensive bike insurance plan. A comprehensive policy will protect your Bajaj bike financially against a variety of damages and unexpected expenses.

Types of Bajaj Bike Insurance Plans

Bajaj bike insurance plans are of two types:

Third-Party Bike Insurance Plan

Third-party bike insurance is mandatory by law under the Motor Vehicles Act, 1988. As the name suggests, the policy is known to cover third-party liabilities only, meaning that the coverage is not extended to you or your Bajaj bike. Hence, the premium charges are easy on the pocket. If you are looking to buy an extensive cover for your motorcycle, it is recommended to buy a comprehensive bike insurance policy.

Comprehensive Bike Insurance Plan

A comprehensive bike insurance plan for Bajaj bikes will cover third-party liabilities and damage to your own motorcycle. Hence, a comprehensive Bajaj motorcycle insurance plan has a relatively higher premium as compared to third-party bike insurance. You can even extend the scope of your comprehensive bike insurance policy with add-on benefits. Having comprehensive Bajaj insurance ensures that your two-wheeler is protected against any unfortunate event at all times.

Read More: Benefits of Comprehensive Bike Insurance

What’s Covered Under Bajaj Bike Insurance

Some of the things covered under Bajaj bike insurance are damages caused due to accidents, fire, natural calamities, riots and strikes, etc. While third-party insurance will cover damages to third-party, comprehensive insurance will also cover its own damages.

What’s Not Covered Under Bajaj Bike Insurance

The items not covered under Bajaj bike insurance are accidents due to driving under influence of drugs or alcohol, regular wear and tear of the bike over time, mechanical or electrical breakdown, making a claim after policy expiration.

Read About: Bike Insurance Coverage

Add-On Covers for Your Bajaj Bike Insurance

Bajaj bike insurance online plans come with bespoke add-on covers that enhance the financial protection of your motorcycle. These include:

Zero Depreciation Cover

A zero depreciation bike insurance cover protects you from depreciation. Essentially, it means that you will be covered for the bike’s full insured value, i.e. without considering depreciation, thereby minimising your out-of-pocket expenses during a claim.

Round-the-Clock Spot Assistance

With round-the-clock spot assistance cover, you will never be stranded in case of a sudden breakdown. Right from towing services, tyre change, fuel delivery or spare key requirement, roadside assistance cover with your Bajaj two wheeler insurance plan shall have your back!

Personal Accident Cover

This add-on covers you and/or the pillion rider for the treatment expenses of injuries sustained in an accident on your insured bike.

Return to Invoice

The return to invoice cover helps you get the complete value of your bike in case it incurs total loss due to unforeseen events. This amount is the same as that mentioned on your bike’s purchase invoice.

Note that you can only enhance the scope of your comprehensive Bajaj insurance plan. You cannot opt for add-on covers with third-party bike insurance.

Making a Claim Under Your Bajaj Bike Insurance

There are two types of Bajaj bike insurance claims:

Claim Cashless Bike Insurance for Bajaj Bikes

With cashless claims, you can get accidental damages repaired at the nearest network garage. The insurer will directly pay the garage for incurred expenses.

Claim Reimbursement for Bajaj Bikes

Here, you can get your Bajaj bike fixed at your preferred garage, bear the expenses, and raise a reimbursement claim against your policy. Upon claim approval, the insurance claim amount will be sent to you.

You will need to keep the following documents ready at the time of the making an insurance claim:

  • Bajaj bike insurance policy

  • Vehicle details

  • Insurer details

  • Registration Certificate

  • Details of the incident

  • FIR copy in case of theft

  • Original bills and receipts of the vehicle repair

Read About: Bike Insurance Claim Process

Important Tips to Reduce Bajaj Bike Insurance Premiums

Here are some useful tips you can use to save money on your Bajaj Bike insurance premiums:

  • Compare Plans Online

When looking to buy a Bajaj bike insurance policy, take a look at the bike insurance options available online through different insurance providers and choose the most economically efficient plan.

  • Do Not Make Small Claims

If you make multiple small claims during a single policy term, there are chances that your insurance premiums may be increased in the future. So, avoid making multiple claims and get small damages repaired at your own expense.

  • Install Anti-Theft Device

If you install an ARAI-approved anti-theft device on your Bajaj bike, you may be eligible for a small discount on your insurance premiums.

  • Choose Add-Ons Carefully

Buying too many add-ons can quickly raise the price of your insurance premiums. Only buy the necessary add-ons or skip them completely to save money on premium costs.

To Conclude

Buying a Bajaj bike is the right choice logically and financially as it offers great mileage and will provide you with years of utility. However, it is also important to secure your Bajaj bike with the right insurance plan to take care of any unexpected damages and expenses that may arise from time to time. A comprehensive Bajaj bike insurance with the necessary add-ons is the best choice to keep your bike financially protected. If comprehensive insurance does not fit your budget, you will need at least a third-party insurance. 

Check Out Bike Insurance Plans Available at Bajaj MARKETS

Top Bike Insurance Pages

Other Bajaj Bike Models

Top Cities & Bike Brands

FAQs on Bajaj Bike Insurance

✔️Is it compulsory to buy bike insurance for my Bajaj bike?

Yes. A third-party bike insurance policy is mandatory by law under the Motor Vehicles Act, 1988, to legally drive on Indian roads.

✔️What will happen if I do not have bike insurance for my new Bajaj bike?

You will be issued a challan if you fail to present an active third-party Bajaj bike insurance plan to the traffic police. Multiple violations can lead to licence cancellation and/or imprisonment.

✔️What is the fine for driving without a valid bike insurance policy?

The penalty for driving your Bajaj motorcycle without a valid bike insurance policy is ₹2,000 and/or imprisonment for up to three months for the first offence. For subsequent offences, the penalty is ₹4,000 and/or imprisonment for up to three months.

✔️Is the Bajaj insurance for bike price high?

No. The Bajaj two-wheeler insurance price is affordable. You can use the bike insurance premium calculator available online to determine the cost of the policy based on the coverage and add-on covers you select.

✔️What is the maximum discount I can get on my Bajaj two-wheeler insurance?

The maximum discount you can get on your Bajaj two-wheeler insurance plan for 5 consecutive claim-free years is 50%. Thus, you can enjoy the NCB reward if you do not incur major vehicular damage!

✔️Can I reduce the IDV of my Bajaj bike insurance?

Yes, some insurers may allow you to reduce the IDV, but it is not recommended to reduce the IDV of your bike as it can affect your insurance premium payout negatively. 

✔️What is the Bajaj on-road price for Pulsar 150?

The Bajaj Pulsar 150 is available at an on-road price of ₹1.02 Lakhs in Delhi.