Owning a two-wheeler in India comes with the responsibility of securing it with a reliable insurance policy. Bajaj Allianz Two-Wheeler Insurance is one of the most trusted choices, offering affordable premiums, quick claim settlements, and extensive coverage options.
Whether you ride a scooter, bike, or high-performance motorcycle, this guide covers everything you need to know about Bajaj Allianz’s two-wheeler insurance in 2024.
Why Choose Bajaj Allianz Two-Wheeler Insurance?
✔ Trusted Brand – Partnership between Bajaj Finserv (India) & Allianz SE (Global insurer)
✔ Quick Claim Settlement – High claim settlement ratio (CSR) with fast processing
✔ Affordable Premiums – Competitive pricing with discounts for safe riders
✔ Cashless Repairs – Network of 6,500+ garages across India
✔ Add-On Covers – Enhanced protection for theft, engine damage, and more
Types of Bajaj Allianz Two-Wheeler Insurance
1. Third-Party Liability Insurance (Mandatory)
- Covers damages/injuries caused to another person or vehicle
- No coverage for own bike damage
- Premiums fixed by IRDAI (varies by engine capacity)
2. Comprehensive Insurance (Recommended)
- Covers own damage + third-party liability
- Includes accidents, theft, fire, natural disasters
- Optional add-ons for extra security
Key Features & Benefits
✅ 24×7 Roadside Assistance – Towing, fuel delivery, flat tyre help
✅ Zero Depreciation Cover (Add-on) – Full claim without depreciation deduction
✅ Engine Protection Cover – Safeguards against hydrostatic lock & engine damage
✅ Personal Accident Cover – Up to ₹15 lakh for rider (included in policy)
✅ No Claim Bonus (NCB) – Discount up to 50% for claim-free years
Bajaj Allianz Two-Wheeler Insurance Premium Estimate (2024)
| Engine Capacity | Third-Party Premium (₹) | Comprehensive (Approx. ₹) |
|---|---|---|
| Up to 75cc | ₹1,366/year | ₹2,000 – ₹3,500/year |
| 75cc – 150cc | ₹1,696/year | ₹2,500 – ₹4,500/year |
| 150cc – 350cc | ₹2,804/year | ₹3,500 – ₹7,000/year |
| Above 350cc | ₹4,427/year | ₹6,000 – ₹12,000/year |
(Prices vary based on bike model, IDV, location, and add-ons)
How to Buy/Renew Bajaj Allianz Two-Wheeler Insurance?
- Online (Website/App) – Instant policy issuance
- Bajaj Allianz Branches – Visit nearby office
- Authorized Agents – Get expert assistance
Documents Required:
- Bike’s RC copy
- Previous policy details (if renewing)
- KYC (Aadhaar, PAN)
Claim Process – Easy & Hassle-Free
- Inform Bajaj Allianz – Call 1800-209-5858 or use the app
- Submit Documents – FIR (if theft/accident), photos, repair estimate
- Inspection – Surveyor verifies damage
- Approval & Payout – Cashless (network garage) or reimbursement
Final Verdict: Is Bajaj Allianz Two-Wheeler Insurance Worth It?
👍 Pros:
- Strong claim settlement record
- Wide garage network for cashless claims
- Affordable premiums with NCB discounts
👎 Cons:
- Add-ons increase premium cost
- Third-party claims may take longer
Best For:
- Riders looking for budget-friendly yet reliable insurance
- Those wanting quick claim settlements & good customer support
Tips to Save on Two-Wheeler Insurance:
✔ Opt for a higher deductible (Lower premium)
✔ Use No Claim Bonus (NCB) discount
✔ Buy long-term policy (2-3 years for extra savings)
Conclusion:
Bajaj Allianz Two-Wheeler Insurance is a solid choice for bike and scooter owners in 2024, offering comprehensive protection, quick claims, and value-added benefits. Compare policies online before purchasing to get the best deal!