Bajaj Allianz Bike Insurance Premium Calculator

A Bike Insurance Premium Calculator is a handy online mode that is designed to help prospective policyholders to compute the amount of premium to be paid for a two-wheeler insurance policy.

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Why You Should Use Bajaj Allianz Bike Insurance Premium Calculator

Bajaj Allianz Bike Insurance Premium Calculator gives a rough estimation on how much premium to be paif towards two wheeler insurance. It is an online simulation tool that comprises boxes which need to be input with details of the two-wheeler. Based on the specifications input in the boxes, the calculator’s output is the premium amount that one needs to pay to buy a two wheeler insurance from an insurance company.

How to Use Bajaj Two Wheeler Insurance Premium Calculator?

Using Bajaj Allianz Bike Insurance Premium Calculator is very simple. Make sure you have the right documents with you and follow these steps:

  • Step 1: Select the two wheeler’s model and make.
  • Step 2: Select the registered location of the two-wheeler.
  • Step 3: Select the year of purchase of the two-wheeler.
  • Step 4: Whether No-claim Bonus (NCB) was claimed in the preceding year.
  • Step 5: Select the add-ons available when purchasing a comprehensive insurance plan

Once the above details are provided, the calculator will display the premium amount for a best two-wheeler insurance plan.

Benefits of Bajaj Allianz Two Wheeler Insurance Premium Calculator

Bajaj Allianz Bike Insurance Premium Calculator is a valuable online mode for premium calculation. It helps to choose the suitable bike insurance policy and save time by providing instant and exact results. It provides the following benefits to the two-wheeler owner:

  • Hassle Free & Quick: It helps to calculate the insurance premium and the most appropriate insurance cover for a bike. The process of providing requisite bike details on the insurer’s website and receiving a premium quotation is quick and hassle free.
  • Informed Decision Making: The bike insurance premium calculator provides a two-wheeler owner with various options to evaluate with respect to insurance plans, premium amount, add-ons, etc. and enables the owner to make an informed decision. This way, one gets to select an affordable premium according to one’s budget and also comply as per the extant rules and regulations.
  • Avoid a Third-party: By making use of the two-wheeler insurance premium calculator, one may avoid middlemen and additional costs as the estimates are directly fetched from the company.
  • Estimating the IDV:  An insurance premium calculator helps one determine the insured declared value or IDV and its resultant impact on the premium amount. IDV is the approximate value of the two wheeler that the insurance company pays for in the event of a complete damage of the two-wheeler. However, this option is available only when one purchases a comprehensive two-wheeler insurance
  • Choosing the Appropriate Add-ons: Purchasing the apt add-on enhances both the coverage and the scope of the events to be covered by a two wheeler insurance policy. It enables the bike owner to select the right combination of add-ons.
  • Planning:  The premium amount helps an individual to plan one’s expenses and funding in the month of premium payment. In other words, the bike insurance premium calculator is a helpful tool in financial planning.

Third Party Two-Wheeler Insurance Premium Rates

To determine the premium of a Third Party Bike Insurance the Bajaj Allianz Bike Insurance Premium Calculator requires only details which indicate the cubic capacity (cc) of the engine and the premiums are predetermined by the IRDAI. The premium amount differs for cars with engine capacity within 1000 cc, those exceeding 1000 cc but not exceeding 1500 cc and for those exceeding 1500 cc.

Premium for Comprehensive and Standalone Own-Damage Bike Insurance Plans

The premium for comprehensive and standalone own-damage bike insurance is provided by the insurance companies. It varies depending upon the specifications of the two-wheeler. There are three main factors that are considered while computing the insurance premium of a comprehensive and standalone own-damage bike insurance policy - IDV, cubic capacity and the age of the two-wheeler. Bajaj Allianz Bike Insurance Premium Calculator helps to compute the premium amount.

Factors Affecting Two-Wheeler Insurance Premium

The following factors have an important role to play in determining the insurance premium amount of a two-wheeler:

  • Make and Model
  • Age of the bike
  • Insured Declared Value (IDV)
  • Engine Capacity
  • Anti-theft Devices
  • No Claim Bonus (NCB)
  • Deductible

FAQs

Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Average Rating
(Based on 73 Reviews)

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Bajaj Allianz Bike Insurance Premium Calculator Reviews & Ratings

4.5 / 5 (Based on 73 Reviews)
(Showing Newest 10 reviews)
Nishith
Kanpur, October 09, 2021
Claim settlement
Due to an accident my bike got damaged for which i got claim settlement. bajaj allianz Two Wheeler Insurance made repairs cashless. Thankfully I did not have to bear the repair cost as I had already insured my two wheeler from Policybazaar.
Dinesh
Surat, October 09, 2021
Online process
After went through many plans on the website of policy bazaar i chose bajaj Allianz as it was matching my requirements . I found very convenient to purchase plan online. Buying the plan online saves money as well as time.
Abhishek
Pune, October 09, 2021
High coverage
I am glad that i chose the best two wheeler plan from PolicyBazaar. it covers losses or damages to the insured vehicle as well as personal accident. I got High coverage at very low rate in Bajaj Allianz two wheeler insurance.
Saket
Lucknow, October 09, 2021
Budget friendly plan
I was checking insurance provider websites and I came across the Policybazaar website. I saw various plans which were cost effective. I compared several two wheeler plans on the website and finally I picked the Bajaj Allianz two wheeler which came in my budget.
Kartik
Jaipur, October 09, 2021
Easy to switch
I am using Bajaj Allianz two wheeler insurance for last two years and i changed my insurance provider with Policybazaar as I did not get the facilities which i expected. On the suggestion of my colleague i visited policybazaar and here i got all the facilities i was looking for. i found it very convenient to switch.
Jasraj
Indore, August 18, 2021
hassle free experience
my experience with policy bazaar is great. from now i will buy my every plan from policy bazaar. i bought Bajaj allianz two wheeler plan for my bike. i liked their service. now I am planning to buy more plans from Policy Bazaar.
Divyansh
Kanpur, August 18, 2021
Renewal process
I am using Bajaj Allianz two wheeler policy since 2 years which i bought from policy bazaar. i have done renewal from home itself. i had received calls from the policy bazaar as a reminder of renewal. policy bazaar served their best service to their customers. overall had a great experience.
Ish
Nagpur, August 18, 2021
easy to compare
after looking many sites, i came to Policy Bazaar website and finally i got my plan here. i was looking for two wheeler insurance in my budget. i liked Bajaj allianz two wheeler insurance plan.
Santosh
Ata, June 04, 2021
Low premium
For low premiums, Bajaj Allianz two wheeler insurance offers good protection. I bought it online through policybazaar last year and also got extra discount. It is a good buy.
Sanjeev
Ayodhya, June 04, 2021
Customized plan
It is very easy to customize your two wheeler plan when buying through policybazaar. Their Bajaj Allianz plan was easy to understand, customize, and buy.

^The renewal of insurance policy is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. Actual time for a transaction may vary subject to additional data requirements and operational processes.

^The buying of Insurance policy is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. Actual time for transaction may vary subject to additional data requirements and operational processes.

#Savings are based on the comparison between highest and the lowest premium for own damage cover (excluding add-on covers) provided by different insurance companies for the same vehicle with the same IDV and same NCB.

*TP price for less than 75 CC two-wheelers. All savings are provided by insurers as per IRDAI-approved insurance plan. Standard T&C apply.

*Rs 538/- per annum is the price for third party motor insurance for two wheelers of not more than 75cc (non-commercial and non-electric)

#Savings are based on the comparison between the highest and the lowest premium for own damage cover (excluding add-on covers) provided by different insurance companies for the same vehicle with the same IDV and same NCB.

*₹ 1.5 is the Comprehensive premium for a 2015 TVS XL Super 70cc, MH02(Mumbai) RTO with an IDV of ₹5,895 and NCB at 50%.

*Rs 457/- per annum (1.3/day) is the price for the third-party motor insurance for private electric two-wheelers of not more than 3KW (non-commercial). Premium is payable on an annual basis