Bajaj Allianz Two Wheeler Insurance
Why TwoWheeler Insurance is Important
Twowheelers are among the most popular modes of transport in India. They offer flexibility, are economical, and help beat traffic congestion. However, they also expose riders to a high risk of accidents, theft, and natural damages. A comprehensive twowheeler insurance policy safeguards you against financial losses, legal liabilities, and unexpected repair costs.
About Bajaj Allianz
Bajaj Allianz General Insurance Company Ltd. is a joint venture between Bajaj Finserv Ltd. and Allianz SE. Since its inception in 2001, the insurer has built a strong reputation for innovative products, quick claim settlement, and a wide network of service centres. Their twowheeler portfolio is tailored to meet the diverse needs of riderswhether you own a commuter scooter or a highperformance bike.
Key Features of Bajaj Allianz TwoWheeler Plans
- ThirdParty Liability: Mandatory coverage for bodily injury or death of third parties and property damage caused by your vehicle.
- OwnDamage (Comprehensive) Cover: Covers repair or replacement of your bike due to accidents, fire, flood, natural calamities, and manmade perils.
- Zero Depreciation AddOn: Removes the depreciation factor while settling claims, ensuring you receive the full market value of parts.
- Personal Accident Cover for Rider: Provides a lumpsum amount to the riders family in case of death or permanent total disability.
- Engine and Gearbox Protection: Covers major engine and gearbox repairs arising from accidental damage.
- Roadside Assistance: 247 assistance for breakdowns, towing, and onspot repairs.
- No Claim Bonus (NCB): Discounts of up to 50% on renewal premiums for claimfree years.
Benefits of Choosing Bajaj Allianz
- Transparent premium calculation with online calculators.
- Wide network of cashless garages across the country.
- Fast claim processingoften settled within 23 business days.
- Flexible addons to customise coverage as per your requirement.
- Dedicated mobile app for policy management, document upload, and claim tracking.
Policy Variants
| Plan Name | Coverage Type | Key Inclusions | Typical Premium Range () |
|---|---|---|---|
| Comprehensive | OwnDamage + ThirdParty | Accident, fire, theft, natural calamities, NCB, zero depreciation | 1,200 3,500 |
| ThirdParty Only | ThirdParty Liability | Legal liability for thirdparty injury/property damage | 300 800 |
| Zero Depreciation AddOn | Addon | Full claim amount without depreciation | 200 600 |
| Personal Accident Cover | Addon | 1Lakh5Lakhs payout for rider | 150 400 |
| Engine & Gearbox Protection | Addon | Cover for major engine & gearbox damage | 250 700 |
Common Exclusions
- Damage caused due to unauthorised modifications or racing.
- Wear and tear, gradual deterioration or mechanical breakdown.
- Damages arising from driving under the influence of alcohol or drugs.
- Losses due to natural disasters if the bike is not stored in a covered area.
- Claims made for a vehicle not registered in the policyholders name.
How to File a Claim
- Notify the Insurer: Call the 24hour tollfree number or use the mobile app within 24hours of the incident.
- Submit Required Documents:
- Claim form (available on the website/app)
- Copy of policy document
- Police FIR (for theft or thirdparty accidents)
- Original RC book
- Repair estimate or cashless garage invoice
- Assessment: An adjuster will inspect the bike (or validate the garage invoice) and determine the payable amount.
- Settlement: For cashless claims, the garage settles directly with the insurer. For reimbursement, the insurer transfers the amount to your bank account after verification.
- FollowUp: Use the apps claim tracker to monitor status and receive updates.
Typical turnaround time for a cashless claim is 48hours; for reimbursement, it ranges from 3 to 5 business days.
Steps to Purchase Online
- Visit Bajaj Allianz official site and click TwoWheeler Insurance.
- Enter your bike details make, model, registration number, and year of manufacture.
- Choose the type of cover (Comprehensive or ThirdParty) and any addons you need.
- Review the premium breakdown and apply discount codes if available.
- Provide personal details, upload required documents, and make the payment via netbanking, credit/debit card, or UPI.
- Receive the policy PDF instantly on your registered email and view it on the app.
Renewal Tips
- Renew at least 15days before expiry to avoid lapse.
- Review your addons you may need to adjust coverage based on riding habits.
- Check for NCB eligibility and ensure the previous years claimfree status is recorded.
- Explore promotional offers; Bajaj Allianz often provides discounted renewal rates.
Customer Support Channels
For queries, policy servicing, or claim assistance, you can use any of the following:
- Phone: 18002091000 (tollfree)
- Live chat on the website or mobile app
- Email: support@bajajallianz.com
- Visit any Bajaj Allianz branch or cashless garage
Bottom Line
Bajaj Allianz TwoWheeler Insurance combines mandatory thirdparty protection with a range of comprehensive benefits that suit both everyday commuters and performance riders. The ease of online purchase, robust claim support, and customizable addons make it a strong choice for anyone seeking peace of mind on the road.
Bajaj Allianz Life Insurance Surrender Form and Reference File Download Link
Bajaj Allianz General Insurance Company Ltd and Reference File Download Link
Bajaj Allianz Mediclai M Insurance Policy and Reference File Download Link