Bajaj Bike Insurance

The Bajaj Two Wheeler Insurance offers extensive coverage against accidents, natural calamities, theft, etc.. You can choose and compare a suitable plan, fill in the insurance application form, pay the premium amount instantly, and get your 2-wheeler insurance. 

Learn more about the Bajaj Two Wheeler Insurance plan in the following sections.

Bajaj bike insurance plans are of two types:

1. 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.

2. Comprehensive Bike Insurance Plan

A comprehensive bike insurance plan for Bajaj bikes will cover third-party liabilities and damage to your motorcycle. Hence, a comprehensive Bajaj bike insurance plan has a relatively higher premium than 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 events.

Here’s a look at the Bajaj bike insurance price list for popular bike models in the table given below:

Disclaimer: The ex-showroom Bajaj bike prices are for Delhi and are subject to change based on the city. Third-party premium rates are indicative. The premium you may have to pay may change depending on various factors. Please check the prevailing premium rates before purchasing your bike insurance policy.

If you want to purchase bike insurance online, you can buy one in minutes on the Bajaj Markets website. Follow the steps mentioned below:

• Step 1: Visit the ‘Bike Insurance Calculator’ page on the website.
• Step 2: Enter your bike registration details on the form on the page, along with other relevant information like personal details.
• Step 3: Check and review the Bajaj bike insurance options 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.

• 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 available 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.

Some of the things covered under Bajaj bike insurance are damages caused due to:

• Accidents

• Fires

• Natural calamities 

• Riots, strikes

While third-party insurance will cover damages to third-party, comprehensive insurance will also cover its damages.

The items not covered under Bajaj bike insurance are accidents due to 

• Driving under the influence of drugs or alcohol 

• Regular wear and tear of the bike over time 

• Mechanical or electrical breakdown

• Applying for claims on policy expiration

Online plans come with bespoke add-on covers that enhance the financial protection provided by the Bajaj bike insurance policy. These include:- 

1. Zero Depreciation Cover

You can make sure that deductions are made from the sum insured without factoring the depreciation accrued on your bike’s components. A benefit like this one can be enjoyed only through the zero depreciation add-on cover.

2. Round-the-Clock Spot Assistance

With round-the-clock spot assistance cover, you will never be stranded in case of a sudden breakdown. From towing services, tire changes, fuel delivery, or spare key requirement, roadside assistance cover with your Bajaj bike insurance plan will have you covered.

3. 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.

4. Return-to-Invoice

The return-to-invoice cover can work greatly in your favour, should you lose your bike to theft or complete damage. In such cases, you can claim your bike’s invoice cost through this add-on. The compensation you can claim is directly proportional to the Insured Declared Value of the bike.

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

There are two types of Bajaj bike insurance claims:

1. 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 all incurred expenses.

2. Claim Reimbursement for Bajaj Bikes

With a claim reimbursement Bajaj bike insurance plan, you can get your 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 also need to keep the following documents ready at the time of making an insurance claim:

• Vehicle details

• Insurer details

• Registration Certificate

• Details of the incident

• FIR copy in case of theft

• Original bills and receipts of the vehicle repair