Bajaj Allianz Two Wheeler Insurance

About Bajaj Allianz General Insurance Company

Bajaj Allianz General Insurance Company Limited has been formed as a result of a joint venture between Bajaj Finserv Limited and Allianz SE. The company was registered with the Insurance Regulatory and Development Authority (IRDA) in 2001 to offer various health and general insurance products in India.

Bajaj Allianz Two Wheeler Insurance

Bajaj Allianz bike insurance policy is designed for those who like to enjoy a sense of freedom and security with their two-wheelers. The policy offers complete protection against third-party liabilities, theft, and physical damage to your bike or scooter. The insurance company also offers multi-year bike insurance policy for a period up to three years.

Key Features of Bajaj Allianz Two Wheeler Insurance Policy

The significant benefits of the Bajaj Allianz two wheeler insurance policy are as indicated in the table below:

• Multi-year insurance for 3 years
• Easy and hassle-free claim settlement process
• Purchase Two Wheeler Insurance policy online with ease
• Round-the-clock customer care support
• Multiple add-on covers including Zero Depreciation Cover are available

Key Benefits of Bajaj Allianz Two Wheeler Insurance

• Purchase or renew your Two Wheeler Insurance policy online in few easy steps
• Up to 50% of the existing No Claim Bonus can be transferred from any two-wheeler insurer
• Round-the-clock customer care support over telephone, email, and more.
• 24x7 claim assistance and SMS update facilities
• High service standards and hassle-free claim settlement and vehicle inspection process

Coverage Offered Under Bajaj Allianz Two Wheeler Insurance Policy

Damage or Loss to the Two-Wheeler Due to Natural Disaster:

Bajaj Allianz bike insurance policy covers your vehicle against losses and damages as a result of natural disasters such as explosion, fire, lightning, floods, earthquakes, hurricanes, storms, landslides, rockslides, cyclone, frost, hailstorm, and others.

Damage or Loss to the Two Wheeler Due to Man-Made Calamities:

The bike insurance policy covers losses or damages caused to the vehicle due to man-made incidents such as theft, strikes, riots, malicious acts, damages in transit, terrorist acts, and more.

Personal Accident Cover:

Bajaj Allianz motorcycle insurance policy provides a coverage of Rs.1 lakh for personal accident of the individual driver/owner of the motorcycle taken place during mounting, dismounting, or riding the vehicle. You may also buy the add-on covers to protect the pillion riders/unnamed hirers, and more.

Third Party Liability:

The policy covers the insured against any financial or legal liabilities due to accidental damages or loss caused to a third person or their properties.

Available Plans Under Bajaj Allianz Bike Insurance Policy

Exclusions

• Wear and tear of the vehicle due to ageing.
• Electrical/mechanical breakdown.
• Two-wheeler being used for purposes that are limited in the policy.
• Damage done to/by a person riding the bike or scooter without a valid driving license.
• Damage done to/by a person riding the bike or scooter under the influence of alcohol or drugs.
• Loss or damage caused to the vehicle due to mutiny, war, or nuclear risk.
• Loss or damage to the vehicle accessories as a result of house breaking, burglary, or theft (except if the vehicle is stolen).
• General wear and tear of consumables like tyres and tubes (in case the vehicle is damaged at the same time, the liability of the insurer will be limited to 50% of the replacement cost.

Add-On Covers Available

Bajaj Allianz offers certain add-on covers which you may opt for to enhance the scope of your Two Wheeler Insurance policy. Some of the add-on covers are explained below:

• Flat Battery: If a vehicle cannot be moved due to a flat battery, the insurer will make alternative arrangements to move the vehicle under this add-on cover. This add-on cover has certain conditions which can be found in the policy document.
• Spare Keys: In case of loss of keys of the insured bike or scooter, the insurer under this add-on cover will arrange for the pickup and delivery of the spare keys with respect to certain conditions.
• Flat Tyre: If the vehicle cannot be moved due to a flat tyre, the insurer will arrange for a technician to fix the tyre with respect to conditions as mentioned in the policy document.
• Minor Repairs: The insurer will provide for technical assistance in case the vehicle becomes immobilised due to an electrical or mechanical failure.

Other than the add-on covers mentioned above, the insurer also offers add-on covers that include breakdown support over phone, fuel assistance, urgent message relays, towing facility and more.

Bajaj Allianz Two Wheeler Insurance Claim process

In case of a vehicle breakdown, accident, or theft of the vehicle, policyholders can make insurance claims in three simple steps as mentioned below:

Register your claim:

It is advisable to make the insurance claim as soon as possible after any incident that causes loss or damage to your vehicle. You may register your claim in the following ways:

1. Visit the official website of Bajaj Allianz and register your claim online.
2. Call Bajaj Allianz customer care executive who will guide you with the claims process on 1800-209-5858 (toll-free number).

While registering the claim, you must keep the following information handy:

• Engine and Chassis Number of the vehicle
• Date and time of accident
• Location and description of the accident
• Address for the inspection of vehicle
• Kilometre reading of the vehicle
• Police FIR, in case of vehicle theft

Get your vehicle taken to the garage:

If the vehicle gets damaged due to a collision or any other reason, the same should be carried to the garage to avoid further damage.

Submit the necessary documents:

The last step for claim settlement is to submit the necessary documents to the insurer. The same may include the Registration Certificate of the vehicle, copy of police FIR, policy document, driving license, and more as prescribed by the insurer.

Bajaj Allianz Customer Care Contact Details:

In case you have any concern or issue with respect to the Two Wheeler Insurance policy offered by Bajaj Allianz General Insurance Company, you may contact the insurer using the details given below:

Bajaj Allianz Customer Care Telephone Number:

Landline/Mobile: 1800- 209- 0144/1800- 209- 5858/1800- 102- 5858/020-30305858

Bajaj Allianz Branch Offices in Important Cities

If you wish to buy or renew your motor insurance policy or have queries or concerns that need to be resolved, you may also visit your nearest Bajaj Allianz branch to get the needed assistance. Below are the addresses and phone numbers of branch locations in some important cities in India. You may use the ‘Branch Locator’ feature on the official website of Bajaj Allianz General Insurance to locate the nearest branch office.

Bajaj Allianz Two Wheeler Insurance FAQs:

1. What is the maximum limit of claim I can make on a Bajaj Allianz Two Wheeler Insurance policy?

   The maximum amount of claim you can make on your Two Wheeler Insurance cannot be more than the Insured Declared Value (IDV) of the vehicle which is determined at the time of purchase or renewal of the policy. In any case, the insurance company is not liable to pay an amount greater than the IDV of the vehicle.

2. Can I renew Bajaj Allianz Bike Insurance Policy Online?

   Yes, you can renew your bike insurance policy easily on the official website of Bajaj Allianz. All you have to do is enter the details of your existing policy and select the plan you wish to buy.

3. What is No Claim Bonus?

   No Claim Bonus is basically a discount offered by the insurer if there have been no claims made on the insurance policy during the preceding year. An NCB up to 50% can be transferred from your existing bike insurance policy to the Bajaj Allianz Bike Insurance Policy.

4. What are the advantages of a multi-year Two Wheeler Insurance policy?

   Bajaj Allianz offers long-term bike insurance policy for a period up to 3 years. Here are some of the benefits of the same:

   No hassles of yearly policy renewals.

   No effect on premium during the tenure of the policy.

   In case of a claim, the NCB reduces but does not become nil.

5. Can I transfer my bike insurance policy to someone else?

   Yes, this needs to be done if you transfer the ownership of the vehicle to another person. However, the insurance company and the RTO must be informed about the same.

6. What happens in case of expiry of the insurance policy?

   It is advisable to renew the vehicle insurance policy before its expiry date. Failing to renew the insurance policy on time may have the following negative effects.

   The No Claim Bonus is affected negatively.

   The individual gets exposed to risks while riding uninsured, and more.

7. What is voluntary excess?

   The voluntary excess is the amount of claim that the policyholder wants to contribute to the overall claim amount. Increasing the amount of voluntary excess decreases the premium and increases the liability of the insured in case of loss or damage caused to the vehicle or a third-party.