• Overview
  • Renewal
  • Claim Settlement
  • Customer Care

About Bajaj Allianz Two-Wheeler Insurance

Of the plans available in the market, Bajaj Allianz bike insurance plans are worth noting. This is because the insurance provider i.e., Bajaj Allianz General Insurance has established itself as a trusted insurer. Their plans have been designed to meet the diverse needs that customers have. Further, to add to their appeal, cashless claim settlements are not only efficient but are also considerable. With such a plan, it is possible to lessen the financial burden you might experience in the unfortunate event that you have an accident involving your vehicle.

Why Buy the Bajaj Allianz Bike Insurance Policy

By owning a Bajaj Allianz 2 wheeler insurance plan, you no longer need to worry about having to finance the sudden bike damages your two wheeler may incur owing to an accident. Listed below are some of the many reasons as to why such an insurance plan ought to be purchased.

  • Round-the-Clock Call Assistance

If you have any questions pertaining to your claim settlement, or else have other concerns, you can reach out to Bajaj Allianz’s two-wheeler insurance customer care. Phone calls are accepted at all times of day and night throughout the year including holidays.

  • No-Claim Bonus Transfer

No claim bonus discounts are applicable to premiums and amount to up to 50% at the time of policy renewal. This feature alone makes for a viable reason as to why this policy ought to be purchased.

  • Bike Inspection Not Needed

At the time of Bajaj Allianz two wheeler insurance renewal online, your insurer will not inspect your vehicle again. This is, of course, provided your policy is renewed prior to the expiry date kicking in.

  • Coverage Provided for 3 Years

If you invest in a Bajaj Allianz long-term insurance plan for your two-wheeler, you aren’t burdened with the worry of having to renew your policy on an annual basis.

  • Savings in the Long Run

Another positive aspect associated with long-term two-wheeler bike insurance provided by Bajaj Allianz is that it saves you a fair sum of money. This is owed to the fact that premium rates and service taxes vary on an annual basis. However, as a policy term applies for a period of three years, these changes don’t impact your plan.

  • No-Claim Bonus Benefit

In the event that you make a claim on your long-term bike insurance policy, while your no-claim bonus might reduce, it will not drop to a value of zero.

Benefits of Buying Bajaj Bike Insurance Plan

Listed below are some of the many benefits associated with the purchase of a Bajaj Allianz two-wheeler insurance policy.

1. Instantaneous Claim Settlement

The Motor On-the-Spot service ensures that claim settlements are instantaneous and fulfilled within 20 minutes.

2. Customer Support

Customer care assistance is available via email as well as telephone and is accessible 24/7. Instant SMS services including those related to claim assistance are also available.

3. Savings on Premiums

If you don’t happen to make a claim while your policy term is active, you can take advantage of the no-claim bonus. This bonus allows you to save up to 50% on premiums at the time of your policy being renewed.

Types of Bike Insurance Plans Offered by Bajaj Allianz

Curious to know what the different types of bike insurance plans offered by Bajaj Allianz are? If so, you have come to the right place.

1. Bajaj Allianz Two-Wheeler Insurance Third-Party Liability Cover

As you might be aware, third-party vehicular insurance serves as the most rudimentary form of vehicular insurance. In the case of two-wheelers, third-party bike insurance is the most basic bike insurance plan. It serves to cover the costs associated with damages caused by your bike to the third-party involved. The Motor Vehicles Act of 1988 outlines the necessity for all bike owners to possess a valid bike insurance plan in order to ride on Indian roads. If you happen to lack a valid bike insurance policy you could be charged with a penalty and may even be imprisoned. The value of the cover such a policy provides lies in the fact that it can be used against any third-party damage or loss caused by your bike in an accident. Bajaj Allianz third-party bike insurance policies are available on Bajaj MARKETS.

2. Comprehensive Cover

In case of a two-wheeler insurance plan that provides comprehensive coverage, you benefit from an all-inclusive package that provides coverage in case of third-party damages. However, in addition to this, you also benefit from coverage directed towards damages that you and your bike incur. Accidents, theft and loss owed to natural as well as human-made disasters involving your two-wheeler are provided with coverage under such an insurance plan. Further, you are provided with a personal accident cover. While possessing such an insurance plan isn’t a legal requirement, it is recommended that you gravitate to this rather than a third-party coverage plan. This is because such a plan provides more coverage and allows you to ride your vehicle with greater peace of mind.

How to Buy a Bajaj Allianz Bike Insurance Plan

If you are wondering how to buy a Bajaj Allianz two wheeler insurance plan online, you can follow the steps provided below. These instructions are meant to be followed on the Bajaj MARKETS website which is easy to navigate.

 

Step 1: Begin by filling out your motorbike’s number along with your mobile number.

 

Step 2: Next, key out important information pertaining to your bike that has been asked for.

 

Step 3: Select a plan focused on bike insurance online, Bajaj Allianz plans are geared towards two- wheelers and the different needs customers have.

 

Step 4: After seeing what the Bajaj Allianz two-wheeler insurance price amounts to and provided it is viable for you, select a form of payment that works best for you and make a payment.

 

Step 5: Your newly purchased policy will be emailed to you.

 

You also have the choice to purchase a Bajaj Allianz two wheeler insurance plan on the Bajaj Allianz General Insurance website by following the steps mentioned below.

 

Step 1: Begin by visiting the official Bajaj Allianz General Insurance website.

 

Step 2: Fill out details pertaining to yourself including your mobile number and your bike.

 

Step 3: Select a bike insurance plan that works best for you.

 

Step 4: Make a payment such that you can avail of the policy.

 

Step 5: Your policy will then be made available to you almost immediately.

How to Calculate Premium for Bajaj Allianz Bike insurance

Calculating what the premium on your Bajaj Allianz bike insurance plan will amount to has never been easier. The Bajaj MARKETS website has a special bike insurance premium calculator which can be used to understand what your premium is. Using this calculator is easy, fast and hassle free. Listed below are the steps needed to be followed in order to use it.

 

Step 1: Start by keying out important details pertaining to your motorbike such as its registration number along with your mobile number.

 

Step 2: Next, confirm whether or not your existing policy has expired.

 

Step 3: Provide additional details oriented towards your bike such as its model and make, the fuel it utilizes and more.

 

Step 4: Now, choose between a third-party liability coverage plan or a comprehensive coverage plan.

 

Step 5: After having provided your personal details, you can proceed.

 

Step 6: Now, your screen will display the premium tethered to the Bajaj Allianz bike insurance plan you wish to purchase.

What’s Covered/ Not Covered in the Bajaj Allianz Two-wheeler Insurance Plan

A comprehensive two-wheeler insurance plan brought forward by Bajaj Allianz covers the following factors.

  • Loss or Damage Owed to Human-Made or Natural Calamities

Damages owed to typhoons, earthquakes, hurricanes, floods, typhoons, fires and other natural calamities are covered.

  • Theft or Loss of the Motorbike in Question

If burglary or theft results in your two-wheeler being damaged which may be due to a communal riot or other malicious acts, you will be provided with coverage.

  • Personal Accidental Coverage

Here, the rider as well as the individual riding pillion are covered in case they injure themselves owing to an accident with the insured bike.

  • Third-party Legal Liabilities

Accidents with a two-wheeler can end up damaging it and may also lead to the death or permanent disability of an individual. Two-wheeler motor insurance is designed to provide protection against legal liabilities that may arise from such an incident occurring.

  • Repair and Replacement Expenses

Costs associated with repairing a damaged vehicle can be considerable. Further, replacement costs can also be high. Comprehensive two-wheeler insurance plans are designed to help offset costs associated with the same.

Continue reading in order to understand what factors aren’t covered with a comprehensive two-wheeler insurance plan.

  • General Wear and Tear

The general wear and tear associated with a bike’s use aren’t covered under such policies.

  • Non-Accidental Breakdowns

Electrical and mechanical breakdowns aren’t covered by such plans.

  • Illegal Driving

In case your insured bike incurs any damage or loss while you are under the influence of narcotics, it will not be provided with coverage to offset expenses.

  • Driving Without Necessary Documents

If you happen to be driving your two wheeler and experience any damage or loss while riding without pertinent documents, you will not be provided with coverage.

How to Renew your Bajaj Allianz Bike Insurance Policy

If you happen to ride your two-wheeler without a valid bike insurance plan, you can expose yourself to more financial harm in case you have a mishap on the road or incur third party liabilities. Financial coverage provided by a bike insurance plan can help offset such expenses and can prevent you from generating high bills. It is, therefore, important for your Bajaj Allianz two-wheeler insurance renewal to be carried out at the right time. Since owning bike insurance is mandatory for all bike owners, renewing such a plan is pretty much essential. Listed below are the steps associated with carrying out your Bajaj Allianz bike insurance renewal.

 

Step 1: Visit the insurer’s website online.

 

Step 2: Fill out the details pertaining to your previous policy.

 

Step 3: Key out personal details as well as those pertaining to your bike.

 

Step 4: If there have been any updates made to your premium charges over the past six months, they will be outlined under your renewal details.

 

Step 5: Once your payment has been successfully processed, your bike insurance plan will be activated, and you will be able to enjoy the protection it provides.

 

The aforementioned steps, therefore, make clear what the Bajaj 2 wheeler insurance renewal process is.

Bajaj Allianz Bike Insurance Claim Process

Bajaj Allianz General Insurance has made it possible to settle claims on their bike insurance plans with ease. You must act quickly the moment you have an accident or experience a theft pertaining to your two- wheeler. Immediate action allows your insurer to be informed in time such that your claim can be processed instantly. Listed below are the steps associated with making a claim.

 

Step 1: Begin by registering your claim online.

 

Step 2: Next, upload the documents that are asked of you.

 

Step 3: An insurance agent will use the information you have provided to assess your application.

 

Step 4: You can then view the status of your claim online.

Contact Details

If you wish to get in touch with the Bajaj Allianz team at any point in time, you may do so via its customer care service which allows for a smooth customer experience.

Phone - Insurance related claims can be attended to via the customer care number which is 1800 209 5858

WhatsApp - Customer care is also available on WhatsApp at +91 75072 45858

Email - In case you wish to email customer support, reach out on bagichelp@bajajallianz.co.in

Additionally, the Bajaj MARKETS team is geared towards serving you better. If you wish to connect and discuss your Bajaj Allianz bike insurance plan, you can reach out in the following ways.

Email – insuranceconnect@bajajfinservmarkets.in

Customer Care Portal – https://www.bajajfinservmarkets.in/cust/#/

Smartphone Application – The Bajaj MARKETS app also enables you to manage your account and track applications.

Wrapping it Up!

As established above, the importance of owning a valid bike insurance plan cannot be sufficiently stressed. Apart from being a legal requirement, this form of insurance helps provide you with financial coverage should you end up having an accident involving your two-wheeler. The perfect place to gain insights into viable two-wheeler insurance plans currently available in the markets is the Bajaj MARKETS website. Head over to this website to understand the finer details pertaining to a host of such insurance plans and take advantage of the premium calculator whose services can be rendered for free.  

FAQs on Bajaj Allianz Two Wheeler Insurance

  • ✔️ What is the Bajaj Allianz General Insurance number I should call on to discuss my two wheeler bike insurance plan?

    The Bajaj Allianz General Insurance number you should call on to discuss your two wheeler bike insurance plan is 1800 209 5858. Customer care is also available on WhatsApp at +91 75072 45858.

  • ✔️Briefly mention what is covered under a comprehensive two-wheeler bike insurance plan.

    The list provided below briefly mentions what is covered under a comprehensive two-wheeler bike insurance plan brought forth by Bajaj Allianz General Insurance.

    • Loss or damage owed to human-made or natural calamities

    • Theft or loss of the motorbike in question

    • Personal accidental coverage

    • Third-party legal liabilities

    • Repair and replacement expenses 

  • ✔️ Briefly mention what isn’t covered under a Comprehensive two-wheeler bike insurance plan.

    The list provided below briefly mentions what isn’t covered under a Comprehensive two-wheeler bike insurance plan brought forth by Bajaj Allianz General Insurance.

    • General wear and tear

    • Non-accidental breakdowns

    • Illegal driving

    • Driving without necessary documents 

  • ✔️What is the Bajaj Allianz General Insurance email I should reach out on to discuss my two-wheeler bike insurance plan?

    In case you wish to email customer support for your Bajaj Allianz two wheeler insurance plan, reach out on bagichelp@bajajallianz.co.in

  • ✔️ How long is a Bajaj Allianz long-term two-wheeler bike insurance plan valid for?

    If you invest in a Bajaj Allianz long-term insurance plan for your two-wheeler, you aren’t burdened with the worry of having to renew your policy on an annual basis, as coverage is valid for a period of three years.

  • ✔️What is covered under a third-party bike insurance policy?

    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
    3. Any liability in the case of the death of the third-party or if any injury stated is unlimited.

  • ✔️Is it beneficial to choose a long-term two-wheeler insurance plan?

    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/h

  • ✔️What are the consequences of an expired two-wheeler insurance policy?

    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

    3. Increase in costs related to repairs of your vehicle as these are not covered by any insurance policy.

  • ✔️What do you mean by IDV for bike insurance? How do you calculate IDV?

    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 on the basis of the selling price of the bike as determined by the current manufacturer minus depreciation.

  • ✔️I plan to transfer my Bajaj Allianz two-wheeler insurance to a new provider. Can my ‘No Claim Bonus’ (NCB) be transferred from my current insurance provider to the new company?

    Sure, you can transfer up to 50% of your NCB from the old (current) insurance company to the new provider. when you do so on the Finserv MARKETS platform.

  • ✔️How do I contact the insurer in case of any complaints?

    You can write to the insurer on the Customer Service Email: hello@acko.com. You can also contact us at Finserv MARKETS at insuranceconnect@bajajfinservmarkets.in, so we can assist you better.

Reviews about Bajaj Allianz Two Wheeler Insurance Policies

Bajaj Allianz Bike Insurance Reviews

3.8out of 5

3 reviews

Got my bike insured in no time!

I purchased Bajaj Allianz bike insurance for my new bike. The online application process for insurance policy was so fast and convenient for me that I just could not stop praising the services.

Very Supportive Customer Care Team!

When I applied for the two wheeler insurance on Finserv MARKETS, the customer service executive explained to me the entire process. This made the application process very simple and I got my policy issued in no time. Thanks Finserv MARKETS!

Smooth online application process!

I availed Bajaj Allianz two wheeler insurance on my bike and I must say, the whole process was so smooth that it really eased off my stress. The services provided by Bajaj two wheeler insurance was excellent. Thank you so much.