Bajaj Avenger 150 Insurance

The Bajaj Avenger 150 is a motorcycle that is strong, sleek, and comfortable. The Avenger packs a lot of power with its 150 cc engine and also provides a great mileage of 45 kmpl. Although the Avenger 150 has been discontinued, it has a last recorded ex-showroom price of ₹80,435. The bike has many safety features, but even if you drive super carefully, there is a small chance you might get into an accident. An accident may end up costing you a ton of money in bike repairs, but a good insurance plan can protect you against these expenses. In this article, we’ll take a look at the Bajaj Avenger 150 insurance price, the bike’s specifications, and its features.

Bajaj Avenger 150 Insurance Cost for Different Variants

The Bajaj Avenger 150 was available in two different variants. Take a look at the table below to check out their insurance premiums:

Avenger 150 Variants

Ex-Showroom Price*

Fuel Type

Estimated Third-party Premium Rates (Rs.) FY 2022-23 (effective 1st April, 2022)

 

Bajaj Avenger 150

₹80,435

Petrol

Rs.714

Bajaj Avenger 150 STD

₹81,459

Petrol

Rs.714

 

*The ex-showroom prices are for Delhi and are subject to change based on the city.


**Third-party premium rates are indicative. The actual Avenger 150 insurance 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 Your Bajaj Avenger 150 Insurance Online

If you are looking to buy a new Avenger 150 insurance plan, you can follow the easy steps given below:

 

Step 1: Visit the Finserv MARKETS website and go to the two-wheeler insurance page.

 

Step 2: Enter a few details such as your two-wheeler registration number and your contact info.

 

Step 3: You will get many Avenger 150 insurance options in front of you.

 

Step 4: Select the Avenger 150 insurance policy that suits your needs and make sure to upload the necessary documents.

 

Step 6: Upon successful online payment, your bike insurance policy will be sent to your email.

Renewing Your Avenger 150 Insurance Made Easy

If your current Avenger 150 insurance plan is near expiry and you need to renew it, you can do it on Finserv MARKETS:

 

Step 1: Visit the ‘Bike Insurance’ section on the Finserv MARKETS website.

 

Step 2: Enter your existing policy details as well as personal details on the ‘Bike Insurance’ page.

 

Step 3: Check your Avenger 150 insurance price for available plans and select your preferred plan.

 

Step 4: Use the No Claim Bonus, if available.

 

Step 5: Make the online payment to renew your Avenger 150 insurance.

 

Step 6: Once the renewed policy is activated, the policy details will be sent to your email id.

 

Read More: Bike Insurance Renewal

Why Should You Get Avenger 150 Insurance?

The Avenger 150 is a great bike that offers supreme comfort and a decent amount of power. Moreover, it is a cruiser bike which makes it safer and more convenient for long drives, but you still need to be very careful as accidents can happen due to the fault of other drivers. You may have to spend anywhere between ₹5,000 to ₹50,000 for bike repairs if your Avenger gets damaged severely. However, you can protect yourself against these heavy expenses by getting a good Avenger 150 insurance plan from a reputed insurer.

Types of Bajaj Avenger 150 Insurance Plans

There are a variety of insurance companies on the market that offer various Avenger 150 insurance policies with different features and benefits. However, there are two primary categories. The third party insurance plan is one, and the comprehensive insurance plan is the other.

  • Third-Party Avenger 150 Insurance -

In a nutshell, this is the most basic insurance policy available. For starters, it enables you to comply with the Motor Vehicles Act's requirement that every 2-wheeler be insured. Second, this insurance assists you in covering only the costs of damages caused by a third party. This implies that if you need to protect your own vehicle, this is not the best alternative. Comprehensive insurance can be helpful in this situation.

  • Comprehensive Avenger 150 Insurance Plan -

If you want total coverage for your own vehicle as well as for damages inflicted to another vehicle in the event of an accident, this is the plan for you. Furthermore, as discussed in the next sections, this strategy provides protection against various types of tragic catastrophes that may occur.

Inclusions in Bajaj Avenger 150 Insurance

While third party bike insurance is straightforward and covers your responsibility to the other party, comprehensive insurance is more comprehensive and covers you against a wide range of hazards, including natural disasters as well as many that are caused by human mistake, along with accidental damage cover.

Exclusions in Bajaj Avenger 150 Insurance

While comprehensive insurance covers a wide range of issues, it also has some exclusions like accidents due to driving under the influence of alcohol or other intoxicants, driving without a licence, normal wear and tear, etc.

 

Read About: Inclusions & Exclusions of Bike Insurance Cover

Add-On Covers for your Bajaj Avenger 150

When you get comprehensive insurance, you are protected against a wide range of common dangers and threats, as briefly explained in the preceding two sections. This form of coverage, on the other hand, comes with the option of purchasing a variety of add-ons. These can be selected individually based on your personal needs and can significantly improve your total coverage. The following are some of the most popular add-on covers:

  • Engine Coverage -

Insures against engine damage or total failure.

  • Roadside Assistance -

Very useful in an emergency, when visiting a new location or late at night. The insurance firm is available 24 hours a day, seven days a week, even on national holidays, to assist you in the event of a vehicle breakdown, flat tyre, or empty fuel tank, among other things.

  • Extras Cover -

If you've decided to customise your Bajaj Avenger 150, you'll need a cover to safeguard any accessories you've installed. This add-on aids in this endeavour.

  • No Claim Bonus -

If you do not file any claim requests throughout the insurance year, the insurer will give you a bonus, effectively lowering your annual premium cost.

Making an Avenger 150 Insurance Claim

Here is a list of important documents that you will need in order to make an insurance claim for your Avenger 150:

  1. Your bike insurance policy papers

  2. FIR of the incident/accident

  3. Detailed information about the incident with eyewitness accounts

  4. Original RC papers of the vehicle

  5. Full set of bills and receipts (in case of reimbursement claim)

 

There are two types of insurance claim options available to you:

 Cashless Claim Settlement

Under cashless claim settlement, you can directly take your Avenger to a network garage where it will be repaired. The benefit of using a cashless claim is that you won’t have to pay anything out of pocket. The network garage will directly settle the cost of your bike repairs with your insurance provider. 

Reimbursement Claim Settlement

Under the reimbursement claim settlement, you will have to pay for your Avenger’s repairs out of your own pocket initially. You will also need to keep all repair related receipts and submit them to the insurance company to get the repair costs reimbursed.

 

Read More About: Bike Insurance Claim Process

Bajaj Avenger 150 Insurance: Tips to Reduce Premiums

Here are some things you can do to reduce the price of Avenger 150 insurance premiums:

  • Avoid Claiming Insurance for Small Repairs

Try to get the small repairs for your Avenger done out of your own pocket. If you make multiple insurance claims during a single year, your insurance premiums may increase.

  • Use the NCB

The No Claim Bonus on bike insurance is a benefit provided to policyholders who do not make any insurance claims during policy terms. Use this benefit to get reduced insurance premiums on your Avenger at the time of renewal.

  • Compare Plans Online

When looking for Avenger 150 insurance, you should compare all the insurance plans available online so that you can find the most economically efficient plan.

  • Install Anti-Theft Devices

If you have ARAI-approved anti-theft devices installed on your bike, you may be eligible for a reduction in the insurance premium price.

Ways to Maintain Your Bajaj Avenger 150

Here are some useful tips for maintaining your Avenger so it runs smoothly for years to come:

  • Regularly Service Your Avenger

Regularly servicing your vehicle will ensure that it remains in the best shape for many years and does not break down in the middle of the road.

  • Do Not Overload Your Bike

Overloading your bike can lead to internal damage due to extra weight pressure. The weight imbalance can also cause accidents.

  • Maintain Regular Tyre Pressure

If your bike has low tyre pressure, it can put extra stress on the vehicle causing it to damage in the long run.

  • Maintain the Engine

The engine of your bike is the central component. You need to regularly check the engine to make sure it is working in healthy condition.

Bajaj Avenger 150 Maintenance Cost

As the bike has been discontinued since 2018, no official figures for Avenger 150 service cost are available.

About Bajaj Avenger 150

The Bajaj Avenger motorbike range has been quite popular over the years owing to which the Bajaj Avenger Street 150 has mass appeal. Available at a competitive price, this motorbike can be availed in an all-black theme reminiscent of the Harley Davidson Street 750. The black alloy wheels on this motorbike add a premium touch to it. A value for money motorbike, it features well-damped suspensions.

 

The handlebar on this motorbike is slightly lower and flatter than others allowing for superior handling. It features a 150 cc single-cylinder DTS-I engine which produces a low and mid-range torque. A five-speed transmission is available for this motorbike. Continue reading to learn more about the Bajaj Avenger 150.

Bajaj Avenger 150 Specifications

Once you acquaint yourself with the key specifications of a vehicle, you can make a more informed decision as to whether you ought to invest in it or not. As with all other vehicles, this line of thinking holds true for the Bajaj Avenger 150 as well. In order to gain insight into how well this vehicle performs, it is important to understand each of its technical specifications. Examine the table below in order to understand the Bajaj Avenger specifications including the Bajaj Avenger fuel capacity.

Particulars

Bajaj Avenger 150 Specifications - Technical

Engine

 Displacement - 150 cc

 Power – 14.3 BHP @ 9,000 RPM

 Torque – 12.5 Nm @ 6,500 RPM

 Cylinders - 1

Transmission

5-Speed Manual Transmission

Bajaj Avenger Fuel Tank Capacity

14 litres

Bajaj Avenger 150 Mileage

45 kmpl

Brakes

Front - Single 240 mm disc

 

Rear - Single 130 mm drum

Wheels and Tyres

Front – 90/90 R17

 

Rear - 130/90 R15

Bajaj Avenger 150 Weight

148 kilograms

Bajaj Avenger 150 Features

Featuring a 14-litre fuel tank, the Bajaj Avenger 150 has a ground clearance of 169mm. Its brake duties are fulfilled with the aid of a 240 mm disc at the front along with a 130 mm drum at the rear. Available in two different colours, this motorbike is packed with tons of exciting features that incorporate the latest technology thereby resulting in a great riding experience. Read on to understand some of the more prominent features of the Bajaj Avenger 150.

Exterior:

The Bajaj Avenger 150 features a grab handle along with a pillion backrest for the passenger who rides behind the rider. It features a pillion footrest as well in addition to a rear shock absorber.

Ignition Lock:

The Bajaj Avenger 150 has an ignition lock located on the right side of the frame below the ‘Fuel Tank’. This lock has three positions. The key can be removed from the switch only provided the ‘OFF’ position is activated.

Control Switches:

There exist a number of control switches ranging from headlight switch and starter button to engine kill switch and ‘CAUTION’.

Conclusion

After reading this article you should have a more thorough understanding of each of the key features and specifications of the Bajaj Avenger 150. You can always take it for a spin to test it out before buying it. In the event that you do decide to invest in this bike, make sure to avail a good bike insurance policy alongside it so that you are able to financially protect yourself. This policy is then capable of providing you with the finances needed to restore your bike in case it gets damaged in an accident or disaster so that it once again resembles its former state. Bike insurance is a legal requirement in India for all motorbike owners to be in possession of. You can check out the bike insurance plans available on Finserv MARKETS and enjoy a wide range of benefits. 

Check Out Bike Insurance Plans Available at Finserv MARKETS

FAQs On Bajaj Avenger 150

  • ✔️What is the Bajaj Avenger 150 mileage?

    The mileage for the Bajaj Avenger 150 amounts to around 45 kmpl. 

  • ✔️What’s the ex-showroom price of the Bajaj Avenger 150?

    The Bajaj Avenger 150’s ex-showroom price ranges between ₹80,435 to ₹81,459.

  • ✔️What is the tyre size in the Bajaj Avenger 150?

    When examining the dimensions of the Bajaj Avenger 150 tyres, the front tyre measures 90/90 R17 while the back tyre of the Bajaj Avenger 150 measures 130/90 R15.

  • ✔️What is the fuel tank capacity in the Bajaj Avenger 150?

    The fuel tank capacity of the Bajaj Avenger 150 is 14 litres. 

  • ✔️How much does the Bajaj Avenger 150 weigh?

    The Bajaj Avenger 150 weighs 148 kilograms.

  • ✔️Should I lower the IDV of my Bajaj Avenger?

    You should not lower your bike’s IDV as it can lead to a lower insurance payout at the time of making a claim.

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