A Two Wheeler Insurance Policy is to your financi health what a helmet is to your physical wellbeing: it protects you from the financial implications arising due to bodily injuries and damages sustained when your bike meets with an accident.
It also provides coverage to you from the financial losses suffered when your bike is stolen or gets damaged in a natural calamity, because these unfortunate events are more common than you’d think.
But that’s not all. A Bike Insurance Policy also protects you from financial liabilities arising due to injuries or damages suffered by a third party involving your bike.
Your bike is your prized possession with a lot of emotions attached. Not only do you spend a significant amount of money to own one, but you also spend a lot of time with it, commuting and making memories. And so, accidents, theft and damages suffered by your bike can be emotionally and financially draining.
Two Wheeler Insurance reduces the financial burden on your shoulders by compensating for the losses suffered in such scenarios. To put it simply, Two Wheeler Insurance protects what’s precious to you, because we understand how important your bike is to you.
Want the best protection for your bike, without being worried about hassles? Here’s why you should choose us:
With us, you can buy your Two Wheeler Insurance online with just a few clicks. Just fill the required details, pay the premium amount and voila! You are done. The same principle applies for insurance renewal. We make buying Two Wheeler Insurance plans seamless, fast and convenient.
NCB is a unique feature wherein you get a reward for every claim free year. We, at Bajaj Allianz, allow you to transfer up to 50% of the NCB from your previous policy with a different insurer when you choose to get insured with us. Afterall, it’s your right to be rewarded for your responsible driving behaviour even when you switch insurers, right?
Just like your most trusted companion, we are by your side whenever you need us. We provide round the clock claim assistance and update you on the status of your claims through SMS. Just call our toll free number 1800 209 5858 for instant support.
We understand how important it is for you to receive funds when you need it the most. Our hassle-free, cashless claim settlement process ensures you get the defined benefits of your insurance within X hours/days.
With integrated processes in place to minimise the turnaround time of your insurance claim, our network of Y cashless garages across India help in the speedy settlement of your claim.
Our hassle-free renewal process ensures your bike never remains uninsured. When you renew your Bike Insurance Policy with us, there’s no inspection needed, no questions asked. Log onto our website, fill the relevant details, pay the premium amount and it’s done.
Why Two Wheeler Insurance? Watch the video to know more.
We’re enabling you in 3 ways to register your claim!
Option 1: You can register your claim online, by clicking here.
Option 2: If you’re more comfortable talking to a representative, you can register your claim on the phone. You can call us on our toll-free number: 1800-209-5858 and our executive will walk you through the process
Option 3: If you think that the damages are likely to be under INR 10,000, you can use our Motor OTS(On-The-Spot) feature via our Insurance Wallet App. Take a look at this video that will walk you through the process: https://youtu.be/i1Edccvz1To
There are details and documents that you’ll needto keep handy in all three cases:
✓ Your Contact number
✓ Policy and two wheeler registration number
✓ Accident date and time
✓ Description and location of the accident
✓ Vehicle inspection address
✓ Reading of kilometres travelled by the vehicle
Once the claim is registered, you will receivea claim reference number. You will also be updated through an SMS at every stage of the claim or you can call us on our toll-free number and mention the claim reference number to know the status of your claim.
Note: To avail 24X7 roadside assistance, please dial our toll-free number 1800-103-5858. This facility is available for all Bajaj Allianz General Insurance customers who have opted for this feature in their two wheeler insurance policy.
An accident : Take your vehicle to your preferred garage, if you can,or you can have it towed to avoid any further damage. Check our list of our network garages hereto get the benefits of cashless claims.
Theft : We urge you to connect with the nearest police station and file a complaint immediately in writing. You can then inform us on about the incident on our toll-free number. If your vehicle isn't found within 90 days, you’ll need to request the police authorities to issue a non-traceable report, which you’ll need to submit to us. This is an undertaking given by the police that they have still been unable to find your vehicle. Your claim process will kick into gear after receiving this report.
Third party liability : File a police complaint immediately in writing. Once you receive the charge sheet, inform us on our toll-free number. The following documents will be required:
a) In case of Injury/death - Documents (hospital bills, treatment expense invoice) related to the injury are required. In case of a death, a death certificate and a confirmation from the motor accident claims tribunal would be needed.
b) In case of Property damage - An inspection officer’s report from the motor accident claims tribunal, original bills and surveyor’s report to make an estimation of the loss caused to the third-party property will be required.
✓ Do take photographs of the incidental spot and its surroundings and the exact position of the vehicle at the time of the accident.
✓ In case you provide treatment to any injured person/s, make a note of the name of the hospital and also the treating doctor’s name.
You’ll need to submit a copy of the following documents to the garage/dealer and get it verified with the originals. You can also submit the documents online here.
|Claim for accidental damages||Claim for theft cases|
|Claim form duly filled and signed by the insured||Claim form duly filled and signed by the insured|
|Proof of insurance policy/cover note copy||Original policy document|
|Copy of registration book, tax receipt||Original registration book/certificate and tax payment receipt|
|Copy of motor driving license of the person driving the vehicle at the time||Previous insurance details - policy no, insuring office/company, period of insurance|
|Police Panchanama/FIR (in case of third-party property damage/death/body injury)||All the sets of keys/service booklet/warranty card|
|Estimate for repairs from the repairer where the vehicle is to be repaired||Police Panchanama/FIR and final investigation report|
|Repair bills and payment receipts after||Acknowledged copy of letter addressed|
|Repair bills and payment receipts after the job is completed||Acknowledged copy of letter addressed to RTO intimating theft and making vehicle ‘non-use’|
|Claims discharge cum satisfaction voucher signed across a revenue stamp||Form 28, 29 and 30 signed by the insured|
|Letter of subrogation|
|Consent towards agreed claim settlement value from you and the financer|
|NOC of the financer if claim is to be settled in your favour|
|Blank and undated ‘Vakalatnama’|
|Claim discharge voucher signed across a revenue stamp|
✓ After the completion of repairs at a preferred garage i.e. network garage, we will directly make the payment to them.
✓ You will only be required to pay the excess as mentioned in the policy and the depreciation value, salvage etc., as mentioned by the surveyor.
✓ In case of reimbursement claims, you’ll need to submit the above documents to us after the repair of your car.
Insured declare value or IDV is the current market value of your vehicle. This value helps insurers to decide the amount which your vehicle will be insured for.
Your Bike Insurance’s premium amount depends on many factors including the type of insurance you seek, add-on covers, bike’s model and age, your age and experience, and voluntary excess among others.
Simply log on to our website, choose the policy period and fill up all the other necessary details. Make the payment online and you are done.
Yes, you can. Visit our website and the details as given in the policy document. Pay the premium amount and your policy will be renewed.
We’ve kept the documentation easy. To renew your policy you only need the
following two documents:
We will send the hard copy of your policy documents via courier. It usually takes 7-10 days. However, you will get a soft copy of your policy via email once the payment is verified the policy is issued.
You can find the policy document on our website’s customer portal using your issuance number. You can also use our mobile app, Insurance Wallet, or get updates through our twitter page.
NCB stands for No Claims Bonus. For every claim-free year, you get a b in the form of discount on the premium amount upon renewal. Insurers provide you with this bonus for being a responsible driver.
Making a claim is a simple and hassle-free process with us. Just:
Following a Supreme Court directive, the Insurance Regulatory and Development Authority of India (IRDAI) has asked all general insurance companies to offer long-term cover for vehicles. With a long-term cover, you get:
Yes, you can. If you are transferring the ownership of your insured vehicle, you can transfer the ownership of your Bajaj Allianz Two Wheeler Insurance Policy as per the guidelines. Just hand over the related documents to the new owner, inform the insurer and the Regional Transport Office (RTO). Unfortunately, though, you can’t transfer the NCB to the new owner.
If your Two Wheeler Insurance expires, it’s better to renew it as soon as possible. If you don’t renew it, your:
Indeed very easy to renew my 2 wheeler policy. Got it done in just 3 minutes. Thanks.
Two wheeler Insurance process was simple and easy. Keep up the good work.
Bajaj Allianz very helpful and knowledgeable site for bike insurance.
24X7 spot assistance
24X7 spot assistance
Wherever you go, you will always find us with you. In case of a sudden breakdown during your commute, just call 1800 103 5858 and our Roadside Assistance team willoffer you the support you need.
Zero Depreciation Cover
Zero Depreciation Cover
From the moment you zoom out of the show room with your two-wheeler, its price starts to depreciate. In the event of a claim, the amount paid will include the depreciating value of your insured vehicle.
Personal Accident Cover for Pillion Rider
Personal Accident Cover for Pillion Rider
Just like you care for your bike and yourself, the onus for the safety of the pillion rider is on you. The personal accident cover for pillion riders come in handy in case your co-passenger suffers serious injuries in case of a mishap. The cover bears the treatment cost of the pillion rider.
Losses and Damages Suffered Due to Natural Calamities
No one has a say or control over nature. Our Two Wheeler Insurance policy covers losses suffered due to natural calamities such as fire, explosion, self-ignition, typhoon, flood, hurricane, storm, tempest, cyclone, frost, landslide and rockslide.
Losses and Damages Suffered Due to Man-made Calamities
While rapid urbanisation has promoted growth, it has also made us vulnerable to man-made calamities. Our Bike Insurance Policy provides coverage against theft, burglary, riot, strike, terrorist activities, or accidents by external means. Protecting your bike everywhere, our policy also covers damages suffered during transit via rail, road, air, inland waterway, lift and elevator.
Our personal accident cover of Rs 15 lakhs gives you, the owner-driver, the financial muscle to bear treatment costs following an accident involving your bike. Coverage is offered for accidents when you are driving the bike, traveling on it, mounting or dismounting from it. What’s more, you can also add a personal accident cover for the pillion rider with our policy.
Third-party Legal Liability
As it’s mandatory for all vehicles running on Indian roads to have third-party cover, our Comprehensive Two Wheeler Insurance Policy covers you financially from the losses, injuries or death suffered by a third-party as well.
Normal Wear and Tear and Ageing of Your Bike
With time, every bike undergoes wear and tear. You will not be covered for damages sustained due to such natural ageing of your vehicle. .
Mechanical or Electrical Breakdown
When it comes to a mechanical or electrical breakdown, we don’t offer coverage.
Usage of Vehicle in a Manner Other Than the Intended Purpose :
While you’ve the freedom to use your bike in any manner you wish to, in case you’re going to be reckless we won’t be able to offer you our coverage. So, while stunts may give you an extra rush of adrenaline, the coverage ceases to exist if you use your bike for performing stunts.
Driving Without a Valid License
Not only it’s illegal to drive without a valid license, it can also leave you financially vulnerable. Should you or your bike suffer any damage with you riding without a valid license, you will not be covered for the losses.
Driving Under the Influence of Alcohol or Drugs
Driving under the influence of alcohol or drugs can be fatal. In case you are doing so, and a mishap occurs, you will not get any coverage for the damages suffered.
Damage or Loss Suffered Due to War, Mutiny or a Nuclear Mishap
War, mutiny and nuclear mishaps are what nightmares are made of. We don’t make any promises we can’t keep and since it’s virtually impossible to offer coverage for these scenarios, it’s excluded from our policy cover.
Theft or Burglary of Bike Accessories
Our Bike Insurance Policy will not cover you for theft or burglary of just your bike accessories.
Wear and Tear of Consumable like Tyres or Tubes
You will not get any compensation for wear and tear of tyres or tubes. But, if your bike is damaged in the process, you can make a claim. In such a scenario, we will pay only 50% of the replacement cost.
Bajaj Allianz offers a wide range of plans to cater to the diverse needs of vehicle owners.
When it comes to Two Wheeler Insurance, you have two options – Comprehensive Two Wheeler Insurance and Third Party Insurance. As the name suggests, a Comprehensive Two Wheeler Insurance policy gives you and your bike a 360-degree cover agains suffered due to damage or theft of the insured vehicle. And this is over & above the coverage for third party liabilities.
On the other hand, a Third Party Bike Insurance only protects you against the damages arising due to injuries or death sustained by a third-party due to your bike. As per the Motor Vehicles Act, 1988, it’s mandatory for all vehicles plying on Indian roads to have third party insurance.
Catering to your diverse needs, we offer these two types of Comprehensive Two Wheeler Insurance with the following features:
3 Year Long Term Package Policy
1 Year Package Policy
Every three years
No effect on third-party (TP) premium during the policy period
TP premium increases every year
Additional benefit at the time of renewal
As per tariff
NCB benefit after a claim
NCB is reduced, but doesn’t become nil
NCB becomes nil after a claim
Mid-term cancellation refund
Provision of proportional refund even after claim during the policy period
No refund in case of any claim
*You can also choose a term period of 2 years
Our zero depreciation covers you against the depreciation value of your two wheeler. With this add-on, you can minimise out of pocket expenses during a claim and add more protection to your existing cover. For example, if you do not opt for this cover and your bike tyres are damaged in an accident, you will only get 50% of the cost.
I hereby authorize Bajaj Allianz General Insurance Co. Ltd. to call me on the contact number made available by me on the website with a specific request to call back at a convenient time. I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) under either Fully or Partially Blocked category, any call made or SMS sent in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business. Furthermore, I understand that these calls will be recorded & monitored for quality & training purposes, and may be made available to me if required.