A Two Wheeler Insurance Policy is to your financial 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:
Easy Online Purchase
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.
Transfer of No Claim Bonus (NCB)
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.
Quick Claim Settlement
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 at the earliest.
With integrated processes in place to minimise the turnaround time of your insurance claim, our wide network of 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.
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
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.
Now you can get your Two wheeler claims settled in an instant! With the Motor On the Spot (Motor OTS) facility, get your claims settled on the go, for your damages up to INR 10,000/- just within 20 minutes through our mobile app - Insurance wallet
To use Motor OTS -
✓ Sign in to the Insurance Wallet app (link for download or IW app page/playstore)
✓ Take clear pictures of the damage caused to your two wheeler and upload the same on the mobile app
✓ Your approved claim amount will be credited to your bank account directly
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 bonus 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.
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With an array of services we are always there for you in the time of crisis
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
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. Read more
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.
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.
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.
Stay stress free from the hassle of yearly renewals
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 against losses 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
Set Renewal Reminder
Thank you for your interest. We will send you a reminder when your policy is due for renewal.
Bajaj Allianz executive was very helpful and easy to use. I never had a problem with your service.
Very user friendly, easy to use and quick response on CHAT and completed the online process while chatting.
This was awesome experience with customer case to buy a new bike insurance with Bajaj Allianz. Thanks
Thank You for Your Interest in Bajaj Allianz Insurance Policy, A Customer Support Excecutive will call you back shortly to assist you through the Process.
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.
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