Bajaj Insurance

Bajaj insurance refers to the insurance plan that provides protection to two wheelers by Bajaj Auto. It protects the Bajaj bikes from any damage or loss arising out of any unforeseen adversities. It not only keeps the motorcycle safe from any external damages but also secures it from any third party liabilities. In order words, it is a two wheeler insurance plan designed to safeguard bikes manufactured by Bajaj Auto, which is the flagship company of Bajaj Group with a global presence.

Bajaj bike insurance provides two kinds of coverage i.e. third party cover and comprehensive cover. You can opt for third party liability cover if you only want your Bajaj insurance policy to protect you from any third party liabilities. On the other hand, comprehensive cover safeguards you from any third party liabilities as well as protects your Bajaj motorcycle for any damages or loss.

Best Bajaj Bike Models (with Insurance Price)

Bajaj Auto manufactures five kinds of bike models with varying features and variants. They are as follows:

  • Bajaj Dominar - Bajaj Dominar is a powerful motorcycle, which redefines sophisticated riding. It is available in two variants - Dominar 400 and Dominar 250. Both the models differ in terms of max power of the engine, which is 40 PS@8650 RPM for Dominar 400 and 27 PS@8500 for Dominar 250.
  • Bajaj Avenger - Bajaj Avenger is one of the highest-selling cruiser bikes in India. It is known for its comfortable design and is perfect for people who love riding. It has two variants - Avenger Street 160 and Avenger Cruise 220. While Avenger Street 160 comes with flat handlebars in Sportster design, the Avenger Cruise 220 has tall handlebars & visor giving it an iconic cruiser look.
  • Bajaj Pulsar - Bajaj Pulsar range of sports motorcycles is one of the most popular bikes of Bajaj Auto. It is known for its aggressive designs and absolute comfort. It is available in nine variants i.e. Pulsar 125, Pulsar 150 Neon, Pulsar 150, Pulsar 150 Twin Disc, Pulsar 180F, Pulsar 220F, Pulsar NS 160, Pulsar NS 200 and Pulsar RS 200. They differ from each other based on engine capacity, max torque and max power. The comprehensive bike insurance price for pulsar bikes include Pulsar 150 third party insurance price. Bajaj pulsar 220 insurance price list varies from the premium cost of other models.
  • Bajaj Platina - Bajaj Platina is one of the most popular motorcycles with 102 CC engine in South Asia. It is perfect for Indian roads as it vows to give you a jerk-free ride by reducing jerks by 20%. It comes in two model variants - Platina 110 H Gear and Platina 100.
  • Bajaj CT - Bajaj CT is ideal for riding in tough terrains. This bike model comes in two variants - CT100 and CT110. While the CT100 is a budget bike that provides good mileage, the CT110 comes with a solid engine and the new semi-knobbly tread tires.

Take a look at the bike insurance price for different Bajaj motorcycles:

Bajaj Bike Models

Model Variant

(2018 Registration)

Insured Declared Value (IDV)

Zero Depreciation Cover

Bike Insurance Price
(
1 Year Comprehensive Policy)

Bajaj Dominar

Dominar 400

Rs 91,322

Rs 274

Rs 2,645 onwards

Dominar 250

-

-

Not available

Bajaj Avenger

Avenger Street 160

Rs 45,381

Rs 241

Rs 1,346 onwards

Avenger Cruise 220

Rs 50,919

Rs 271

Rs 1,364 onwards

Bajaj Pulsar

Pulsar 125

-

-

Not available

Pulsar 150 Neon

Rs 36,790

Rs 211

Rs 847 onwards

Pulsar 150

Rs 36,650

Rs 211

Rs 846 onwards

Pulsar 150 Twin Disc

Rs 44,743

Rs 257

Rs 867 onwards

Pulsar 180F

Rs 48,574

Rs 257

Rs 1,357 onwards

Pulsar 220F

Rs 55,269

Rs 293

Rs 1,379 onwards

Pulsar NS 160

Rs 45,148

Rs 241

Rs 1,344 onwards

Pulsar NS 200

Rs 47,645

Rs 162

Rs 1,385 onwards

Pulsar RS 200

Rs 67,421

Rs 359

Rs 1,419 onwards

Bajaj Platina

Platina 110 H Gear

Rs 22,277

Rs 67

Rs 823 onwards

Platina 100

Rs 22,849

Rs 133

Rs 810 onwards

Bajaj CT

CT 100

Rs 19,492

Rs 113

Rs 802 onwards

CT 110

Rs 24,927

Rs 144

Rs 816 onwards

Disclaimer - The bike insurance prices mentioned above may differ based on various factors, including the city of registration and age of the bike.

Reasons to Buy Bajaj Bike Insurance?

Buying Bajaj insurance for your two wheeler is one of the smartest decisions that you can take for the safety for your bike as well as yourself. If you want to know why it’s a good decision, take a look at the reasons why you should buy Bajaj two wheeler insurance:

  • Stay Safe at All Times - If you have covered your bike under Bajaj bike insurance, you will stay covered against any risk faced while riding it at all times. No matter when you face an emergency, this insurance for Bajaj bikes will come to your rescue.
  • Compulsory in India - All citizens of the India who own a Bajaj bike need to have valid third party two wheeler insurance under the motor laws. If you fail to do so, you will be penalised under the law.
  • Cashless Repair Facility - Bajaj insurance comes with a cashless repair facility that allows you to get your Bajaj two wheeler repaired at a network garage on a cashless basis.
  • Saves Money - If you own a Pulsar 150 insurance, you will end up saving lots of money in case any damage or loss is caused to or by your insured motorcycle.

Inclusions under Insurance for Bajaj Bike

A Bajaj insurance policy covers the insured bike in the following situations:

  • Loss or Damages to Third Parties - It covers the Bajaj motorcycle against any loss or damages caused to third parties, which include both property damage as well as bodily injuries or death of another person.
  • Own Loss or Damage - In case your Bajaj bike suffers from any damages or loss due to unforeseen situations, such as accidents, natural disasters, fire, manmade unrest or explosion, then it will be covered under the Bajaj 2 wheeler insurance.
  • Theft - This insurance will compensate you in case your Bajaj two wheeler is stolen or robbed by unknown people.
  • Personal Accident Cover - If the owner-driver of the Bajaj bike gets injured in an accident while riding it, then the Bajaj insurance policy covers the medical expenses incurred in the treatment. Some Bajaj bike insurance plans also cover the pillion riders from accidental injuries.

Exclusions under Insurance for Bajaj Bike

Bajaj two wheeler insurance does not cover the following situations of damages or loss caused to your Bajaj bike:

  • Normal Wear and Tear of the Bike - Bajaj insurance does not cover normal wear and tear of your bike.
  • Nuclear and War Perils - It does not cover any damage caused to your Bajaj motorcycle due to nuclear weapons or war.
  • Mechanical and Electrical Breakdown - Bajaj 2 wheeler insurance does not cover any damage caused following a mechanical and electrical breakdown of your motorbike.
  • Drunken Riding - This insurance does not cover you for riding the Bajaj bike in a drunken state after the consumption of alcohol or drugs.
  • Depreciation - It excludes any loss suffered by your Bajaj two wheeler due to depreciation.
  • Illegal Riding - Bajaj bike insurance will not cover you if you are caught riding your motorcycle without a driving license.
  • Consequential Loss - It does not cover your Bajaj bike against any consequential loss.
  • Non-Accidental Damages to Tyres or Tubes - Any loss or damage caused to your motorcycle’s tyres or tubes, which is not a direct result of an accident, will not be covered by your Bajaj two wheeler insurance.

Add-On Covers under Bajaj Insurance

If you want greater coverage for your Bajaj motorcycle, you can opt to buy any of the following add-on covers for your Bajaj insurance policy:

  • Zero Depreciation - This cover ensures that the depreciating value of your Bajaj bike is not subtracted from the insured declared value (IDV) during payment of claim amount.
  • EMI Protection - Under this cover, the EMIs for your Bajaj motorcycle will be covered by your insurer in case it is under repairs at a garage.
  • No Claim Bonus - It protects the No Claim Bonus (NCB) under your Bajaj insurance policy even if you make any claim during your previous policy term.
  • Helmet Cover - This policy covers the cost of repairing or replacing your helmet in case it gets completely or partially damaged in a bike accident.
  • Emergency Assistance - With this cover, you will be able to avail emergency assistance on the road under your Bajaj bike insurance. This may include services, such as tyre change, fuel assistance, etc.
  • Return to Invoice - Under this cover, your Bajaj two wheeler insurance will pay you the invoice value of your Bajaj bike in case of a total damage claim, instead of its insured declared value.
  • Daily Allowance Benefit - It ensures that you receive a daily allowance for travel in case your Bajaj motorcycle is under repair at a garage.

How to Buy Bajaj Two Wheeler Insurance?

If you want to buy Bajaj insurance for your two wheeler, you can easily do that online. All you need to do is follow the steps given below:

  • Scroll to the top of the page to find a form
  • Enter the registration number of your Bajaj bike or click on the option of not knowing registration number
  • You will be requested to enter the details of your Bajaj motorcycle, including registration year, your city & RTO and model & variant. Select Bajaj under the manufacturer tab
  • You will be able to view the price quotes for Bajaj bike insurance
  • Select the most suitable plan
  • Add any additional cover if you want to
  • Pay the premium amount online
  • Bajaj insurance policy will be issued to you

Bajaj Bike Insurance Renewal Process

Anybody can easily renew their Bajaj motorcycle online. Bajaj bike insurance renewal process is very simple and will take less than 30 minutes. To renew your policy before expiry, follow the bike insurance renewal process given below:

  • Visit the Bajaj two wheeler insurance renewal section to find a form
  • Fill-in the renewal form with the required details, such as the previous Bajaj insurance policy number, your contact number, etc.
  • You will be able to check the premium quotes for different insurance plans
  • Choose the Bajaj 2 wheeler plan you want to renew
  • Select or deselect the add-covers as per your choice
  • Pay your premium amount online
  • Your Bajaj insurance policy will be renewed

Moreover, you can also renew your Bajaj two wheeler insurance even if it has been expired. However, it is advisable to renew your policy before expiry to avoid any penalty, major losses or inspection charges.

Claim Process for Bajaj Insurance

There are two types of claims that you can make under Bajaj bike insurance. You can either make a cashless claim or a reimbursement claim. Take a look at the how can you make both these claims under Bajaj two wheeler insurance below:

Cashless Claims:

  • Intimate your insurer about the damage to or accident involving your Bajaj bike
  • The bike will be surveyed for damage assessment
  • Submit a filled-in claim form along with other documents
  • The insurer will assess it and give approval
  • Send your bike for repair at a network garage of Bajaj insurance
  • After the repair, the bill will be sent to the insurer
  • The insurer will pay the bill amount directly to the garage

Reimbursement Claims:

  • Intimate your insurer about the loss or damage to your Bajaj motorcycle
  • Submit a filled-in claim form as well as other required documents
  • Your Bajaj bike will be surveyed to assess the damage and estimate the repair cost
  • Send your motorcycle for repair at any non-network garage
  • Post repairs, the bike will be inspected
  • Make a payment towards the repair bill amount
  • Submit all the repair bills and payment receipts to your insurer
  • Your claim will be verified and the claim amount will be paid to you

Bajaj Insurance FAQs

News

  • Bajaj Avenger Street Launched at Rs. 83,475

    Just one month after the launch of Bajaj Avenger Cruise 220 and Street 220, Bajaj Auto recently launched Bajaj Avenger Street 180. In an effort to replace the existing Bajaj Avenger Street 150, this model is priced at Rs. 83,475 (ex-showroom Maharashtra). Upgraded with 180 cc engine, the stylish and contemporary cruiser is expected to retain the roadster image in a bid to attract new buyers. With the motive of consolidating its reputation in the segment of classic bikes, the company is in the favour of introducing more Avenger-like bikes with powerful engines and better features.

    The recently launched model of Avenger is almost similar to 2018 Avenger Street 220 and has been given a glossy red and black retouch and brand new decals. Other than that, even the headlamp with bright LED DRLs is the same. The black alloy wheels, single piece saddle, and rear rubberised grab bars have also been borrowed from the previous version itself. The other powerful features include single-cylinder DTSi engine, 5-speed gearbox and scales at 150kg (kerb) and the bike has a fuel tank capacity of 13 litres.

Written By: PolicyBazaar - Updated: 25 September 2020
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