Popular Bajaj Discover 125 Variants With Insurance Premium
Bajaj Discover 125 Variants | Zero Dep Cover * (Add-on Cover) | Estimated Bajaj Discover 125 Bike Insurance Price (1+5) Bundle Policy |
Electric Start Disc Brake (125 cc) | NIL | ₹ 3,939 onwards |
Electric Start Drum Brake (125 cc) | NIL | ₹ 3,939 onwards |
ST Electric Start Disk Brake Alloy Wheels (125 cc) | NIL | ₹ 3,957 onwards |
Kick Start Disk Brake (125 cc) | NIL | ₹ 3,939 onwards |
*Disclaimer: The table given here is for reference purposes only. The insurance premium for your Bajaj Discover 125 will differ as per your bike's IDV, registration location, registration year, add-on policies, and more.
Reasons to Buy Bajaj Discover 125 Insurance Online from Policybazaar.com
Here's why buying a Discover 125 insurance policy online from Policybazaar.com is a smart choice:
- Stay protected against legal and financial liabilities caused by accidents involving property damage or injuries to third parties.
- Compare plans from top insurers to find a policy that meets your coverage needs and fits your budget.
- For comprehensive security, you can customise your policy with bike insurance add-ons like NCB protection, pillion rider coverage, and consumables coverage.
- Save on premiums with NCB (No Claim Bonus) rewards for every claim-free year.
- Contact customer support at 1800-258-5970 for professional guidance for policy purchases or renewals.
- Enjoy exclusive discounts to make your Discover 125 insurance policy more affordable.
- Benefit from faster claim settlements with cashless services or reimbursement options.
Coverage Under Bajaj Discover 125 Insurance
- Inclusions
- Exclusions
Your Bajaj Discover 125 insurance policy offers protection against:
- Natural disasters like floods, earthquakes, or storms.
- Theft of the bike.
- Civil disturbances such as riots, strikes, or vandalism.
- Accidental damage to the bike.
- Transit-related damages.
- Personal accidents resulting in injury, disability, or death of the owner-rider.
- Fire or explosion-related losses.
- Third-party liability for damages or injuries caused by the insured bike.
The policy does not cover:
- Damage which happens outside the geographical coverage area specified in the policy.
- Losses incurred while riding without a valid driver's license.
- Damage caused while riding your bike under the influence of alcohol or drugs.
- Consequential losses beyond the initial damage.
- Depreciation, normal wear and tear, or mechanical/electrical breakdowns.
- Accidents caused by negligence or intentional actions.
- Losses due to war, civil unrest, or nuclear risks.
*Disclaimer: The coverages given above are generic in nature. The coverage is different from insurer to insurer.
Bajaj Discover 125 Insurance Add-ons
Enhance your Bajaj Discover 125 insurance with add-ons to customise your policy and enjoy extended protection. Here are some valuable add-ons to consider:
- Zero Depreciation Cover: With Zero Depreciation Cover, you can claim the full cost of repairs or replacement of bike parts without accounting for depreciation. This ensures maximum reimbursement, keeping out-of-pocket expenses minimal after an accident.
- NCB Protection Cover: The No Claim Bonus (NCB) Protection Cover safeguards your accumulated NCB even if you claim the policy term. This helps you retain discounts on future premiums and save money in the long run.
- 24x7 Roadside Assistance Cover: Enjoy peace of mind with 24x7 Roadside Assistance Cover, offering services like towing, fuel delivery, minor repairs, and flat tyre fixes. Be it a breakdown or an emergency, help is just a call away.
- Personal Accident Cover: This add-on provides financial protection in case of injury, disability, or death due to an accident. It compensates you or your family during unforeseen events, offering much-needed support in tough times.
How to Buy/Renew Bajaj Discover 125 Insurance Online?
Here's the method for buying a Bajaj Discover 125 policy online. The same process can be followed for Discover 125 insurance renewal.
- Step 1: Open a web browser and visit Policybazaar.com.
- Step 2: Go to the 'Insurance Products' drop-down and select 'Bike Insurance'.
- Step 3: Enter your bike's registration number. If it's a new bike, or if you don't have the registration number yet, click 'Bought a New Bike' and provide details such as make, model, variant, and registration year.
- Step 4: Review the Discover 125 insurance price list and compare the features, coverage, and premiums of various plans, to select the best one.
- Step 5: Choose add-ons like NCB Protection or Pillion Rider Cover to enhance coverage, if needed.
- Step 6: Provide your personal information, including name, address, and phone number.
- Step 7: Select a payment method (debit/credit card, net banking, or UPI) and pay the premium. Once payment is complete, your policy documents will be sent to your email.
How to File Bajaj Discover 125 Insurance Claim?
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Cashless Claims Process
Follow these steps to file a cashless claim for your Bajaj Discover 125:
- Step 1: Notify your insurance provider immediately about the damage to initiate the claim process.
- Step 2: A surveyor will be assigned by the insurer to inspect the bike and approve the repairs.
- Step 3: Take your bike to a network garage for repairs.
- Step 4: The insurer will directly pay the garage for the approved repair costs. You don't have to pay anything from your end.
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Reimbursement Claim Process
Use this procedure to submit a reimbursement claim.
- Step 1: Notify your insurance provider about the damage to initiate the claim process.
- Step 2: A surveyor will assess the extent of the damage and prepare a detailed report within 48 hours.
- Step 3: Submit the completed claim form along with all required documents, including original repair invoices.
- Step 4: Pay for the repairs upfront at any garage of your choice.
- Step 5: Share the original bills and repair receipts with your insurer for verification.
- Step 6: Once approved, the insurer will transfer the reimbursed amount to your bank account.
Documents Required for Bajaj Discover 125 Insurance Claim
Here's a list of the documents you need for your Bajaj Discover 125 insurance claim:
- A valid driver's license.
- Filled and signed claim form.
- A copy of the Registration Certificate (RC) for the bike.
- A copy of the FIR (if applicable, for fire, theft, death, or third-party claims).
- KYC documents if the damage exceeds ₹1 lakh.
- Original repair receipts and invoices for claims of reimbursement.
- Bills for bike repairs.
Additional Documents for Bajaj Discover 125 Insurance
- No Objection Certificate (NOC) from the financer (if applicable).
- Original policy documents.
- FIR for claims related to legal incidents.
- A letter from RTO declaring the bike 'No Use'.
- The bike's original registration certificate (RC).
- The purchase invoice or the bike keys.
- A report stating that the bike is non-traceable.
- A subrogation letter, if needed.
Bajaj Discover 125 Insurance FAQs
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Q. How to find a Bajaj Discover 125 2-wheeler insurance policy?
Ans: You can go to the websites of multiple insurance providers to check and compare the features, coverage, and prices of their 2-wheeler insurance policies. Platforms like Policybazaar.com allow you to compare plans from multiple providers in one place and get an affordable deal. -
Q. Is zero dep useful after 5 years?
Ans: Yes, zero depreciation cover is useful for as long as it is available since it enhances your claim amount by removing the depreciation deduction. -
Q. Is the Discover 125 a good bike?
Ans: Yes, Bajaj Discover 125 is a good bike if you are looking for a well-designed bike that can be used for driving within the city and for longer travels. -
Q. Is Discover 125 good for long drives?
Ans: Yes, you can take your Discover 125 for long drives.