Buy Bike Insurance Online – Two Wheeler Policies Starting at ₹538

• Dec 16, 2025
• Admin

Bajaj bikes are among the most popular two-wheelers in India, known for their performance, style, and reliability. From commuter-friendly models like the Bajaj Platina and Bajaj CT 100 to high-performance bikes like the Bajaj Pulsar series and Dominar, the brand has something for every type of rider. However, owning a bike also comes with the responsibility of protecting it. This is where Bajaj bike insurance plays a crucial role.

In India, having at least a third-party bike insurance policy is mandatory under the Motor Vehicles Act, 1988. For Bajaj bike owners, an insurance policy ensures financial protection against accidents, theft, natural disasters, and third-party liabilities. In this detailed guide, we will explore everything about Bajaj bike insurance, including its importance, types, benefits, coverage, claim process, and tips to choose the best plan.

Understanding Bajaj Bike Insurance

Bajaj bike insurance is a motor insurance policy designed to cover Bajaj two-wheelers against a variety of risks. It can be purchased from multiple insurance providers, including Bajaj Allianz General Insurance, and other reputed insurers in India.

The policy ensures that if your Bajaj bike is damaged, stolen, or involved in an accident, you are not burdened with hefty repair or replacement costs. It also protects you from legal liabilities if your bike causes damage to another person or property.

Why Bajaj Bike Insurance is Important

1. Legal Requirement – Indian law mandates that every two-wheeler must have at least third-party liability insurance. Without it, you can face fines or legal consequences.
2. Financial Protection – Accidents can lead to significant repair expenses. Insurance helps cover these costs.
3. Theft Protection – If your bike gets stolen, a comprehensive policy compensates for the loss.
4. Coverage Against Natural and Man-made Disasters – Whether it’s a flood, fire, riot, or earthquake, your bike remains protected.
5. Peace of Mind – Riding with insurance ensures you’re financially secure in case of unforeseen events.

Types of Bajaj Bike Insurance

When choosing an insurance policy for your Bajaj bike, you can opt for one of the following types:

1. Third-Party Bike Insurance

• Mandatory by law
• Covers damage to a third party’s vehicle or property and injury/death of a third party.
• Does not cover your bike’s own damages.
• Suitable for budget-conscious owners or those with older bikes.

2. Comprehensive Bike Insurance

• Offers both third-party liability cover and own damage protection.
• Covers theft, natural disasters, man-made calamities, and accidents.
• Provides higher financial protection.
• Recommended for new or expensive bikes.

3. Standalone Own Damage Insurance

• Covers only your bike’s damages, not third-party liabilities.
• Can be purchased if you already have a third-party policy.
• Allows you to customize coverage with add-ons.

4. Long-Term Two-Wheeler Insurance

• Offers coverage for 2–3 years in one go.
• Saves you from the hassle of annual renewals.
• Protects against premium hikes during the policy term.

Key Features of Bajaj Bike Insurance

• Instant policy issuance through online purchase.
• Cashless repair facility at network garages.
• 24x7 claim assistance.
• Personal accident cover for the owner-driver.
• Option to buy add-on covers for enhanced protection.
• Coverage for natural and man-made calamities.

Coverage Under Bajaj Bike Insurance

A standard Bajaj bike insurance policy covers the following:

1. Third-Party Liabilities

If your bike causes damage to another person’s vehicle, property, or injury/death, the policy covers the expenses.

2. Accidental Damage

Damage caused to your Bajaj bike due to accidents on the road is covered.

3. Theft

If your bike is stolen, you receive compensation based on the bike’s Insured Declared Value (IDV).

4. Natural Disasters

Protection against floods, earthquakes, cyclones, landslides, etc.

5. Man-Made Disasters

Coverage for riots, vandalism, strikes, or fire.

6. Personal Accident Cover

Financial support for injury, disability, or death of the owner-driver.

What is Not Covered – Bajaj Bike Insurance Exclusions

While Bajaj bike insurance offers extensive protection, it does not cover everything. Common exclusions include:

• Riding without a valid driving license.
• Using the bike for illegal or commercial purposes without disclosure.
• Damage caused while riding under the influence of alcohol or drugs.
• Normal wear and tear or mechanical breakdown.
• Damage outside the geographical area specified in the policy.
• Losses due to war or nuclear risks.

Add-On Covers for Bajaj Bike Insurance

Add-ons are optional benefits you can include in your comprehensive or standalone own damage policy for extra protection. Popular add-ons for Bajaj bike insurance include:

1. Zero Depreciation Cover – Ensures full claim settlement without factoring in depreciation.
2. Roadside Assistance – Offers emergency help for breakdowns, towing, or fuel delivery.
3. Engine Protection Cover – Covers engine damage due to water ingression or oil leakage.
4. Consumables Cover – Covers costs of consumables like engine oil, nuts, and bolts during repairs.
5. Return to Invoice Cover – Pays the original invoice value in case of total loss or theft.
6. Personal Accident Cover for Pillion Rider – Extends accident cover to your pillion passenger.

How to Choose the Best Bajaj Bike Insurance

When selecting an insurance policy for your Bajaj bike, consider the following:

• Coverage Type – Decide between third-party and comprehensive based on your needs.
• Claim Settlement Ratio – Higher ratios indicate better chances of smooth claim processing.
• Network Garages – More network garages mean convenient cashless repairs.
• Premium vs Benefits – Balance affordability with adequate coverage.
• Add-Ons – Choose relevant add-ons for better protection.

How to Buy Bajaj Bike Insurance Online

Buying Bajaj bike insurance online is quick and hassle-free. Here’s the process:

1. Visit an insurer’s website or an insurance aggregator platform.
2. Enter your bike details – registration number, model, year of purchase, and previous policy details.
3. Choose the type of policy and add-ons.
4. Review the premium and coverage details.
5. Make the payment online.
6. Receive the policy instantly in your email.

Bajaj Bike Insurance Renewal Process

Renewing your policy on time ensures uninterrupted coverage. The renewal process is simple:

1. Go to your insurer’s renewal section online.
2. Enter policy details or registration number.
3. Review and update your details if necessary.
4. Choose add-ons or modify coverage.
5. Pay the renewal premium.
6. Receive the renewed policy instantly.

Tip: Renew before expiry to avoid a break in policy and inspection requirements.

Claim Process for Bajaj Bike Insurance

If your bike is damaged or involved in an accident, follow these steps to file a claim:

For Cashless Claims:

1. Inform your insurer immediately.
2. Visit a network garage for repairs.
3. Submit required documents – policy copy, RC, driving license, and claim form.
4. The insurer will assess the damage.
5. Repairs will be done and the insurer will settle bills directly with the garage.

For Reimbursement Claims:

1. Inform your insurer and get claim approval.
2. Get the bike repaired at any garage.
3. Pay the repair bill and keep receipts.
4. Submit all documents to the insurer.
5. Receive the reimbursement in your account.

Documents Required for Bajaj Bike Insurance Claims

• Insurance policy copy
• Registration Certificate (RC) of the bike
• Driving license of the rider
• Filled claim form
• FIR (in case of theft or major accident)
• Repair bills and receipts

Benefits of Buying Bajaj Bike Insurance Online

• Convenience – Buy or renew from anywhere.
• Instant Policy – No paperwork or physical visits.
• Easy Comparison – Check multiple plans and premiums in minutes.
• Discounts – Online purchases may offer better deals.
• Secure Payments – Pay using secure gateways.

Tips to Reduce Bajaj Bike Insurance Premium

1. Opt for Higher Deductibles – Share a part of the claim amount to lower the premium.
2. Avoid Small Claims – Protect your No Claim Bonus (NCB).
3. Install Anti-Theft Devices – Approved devices can fetch discounts.
4. Renew on Time – Avoid policy lapse to retain benefits.
5. Choose Add-Ons Wisely – Only pay for what you really need.

Common Mistakes to Avoid When Buying Bajaj Bike Insurance

• Choosing only third-party cover for a new or expensive bike.
• Not comparing plans from different insurers.
• Ignoring the claim settlement ratio.
• Providing incorrect information during application.
• Forgetting to check exclusions.

Bajaj Bike Insurance for Popular Models

• Bajaj Pulsar Series – Best suited for comprehensive cover due to high market value.
• Bajaj Dominar – Consider engine protection and zero depreciation add-ons.
• Bajaj Platina & CT 100 – Budget-friendly third-party or basic comprehensive plans work well.
• Bajaj Avenger – Touring bikes benefit from roadside assistance add-ons.

No Claim Bonus (NCB) in Bajaj Bike Insurance

No Claim Bonus is a reward given to policyholders for claim-free years. With every claim-free year, the discount on renewal premium increases, going up to 50% after five consecutive years. However, even a single claim can reset the NCB to zero, so use it wisely.

The Role of IDV in Bajaj Bike Insurance

IDV or Insured Declared Value is the maximum sum assured in case of total loss or theft of your bike. It is based on the bike’s current market value. Higher IDV means higher premium but better compensation.

Conclusion

Bajaj bike insurance is not just a legal requirement but an essential safety net for riders. Whether you own a Pulsar, Dominar, Avenger, Platina, or any other model, the right insurance policy ensures financial security and peace of mind. By understanding the types of coverage, add-ons, claim process, and renewal tips, you can make an informed decision that protects both you and your bike.

Riding without insurance exposes you to legal penalties and financial risks. Therefore, invest in a suitable Bajaj bike insurance plan today and enjoy your rides with confidence.

FAQs on Bajaj Bike Insurance

1. Is Bajaj bike insurance mandatory?
Yes, at least third-party bike insurance is mandatory for all two-wheelers in India, including Bajaj bikes.

2. Can I buy Bajaj bike insurance online?
Yes, you can buy or renew Bajaj bike insurance online through insurer websites or aggregator platforms.

3. What is the best type of Bajaj bike insurance?
A comprehensive policy is recommended for maximum protection, especially for new or high-value bikes.

4. How is the premium for Bajaj bike insurance calculated?
The premium depends on factors like the bike’s age, model, engine capacity, location, add-ons, and IDV.

5. What should I do if my Bajaj bike is stolen?
File an FIR, inform your insurer, and submit all required documents to initiate the theft claim process.