Bajaj Bike Insurance
Tata AIG Bajaj Bike Insurance
If you are looking for an excellent bike insurance plan for your Bajaj bike, your search stops at Tata AIG. Buy Tata AIG bike insurance for your Bajaj bike now!
Renowned for its high-quality automobiles, Bajaj is a household name in India. The Indian automobile giant manufactures two-wheelers and three-wheelers and has its headquarters in Pune, Maharashtra.
The company is famous for its pioneering efforts in the Indian two-wheeler industry and is lauded as being the first Indian automobile manufacturer to introduce 4-stroke commuter motorcycles in India with the launch of the critically acclaimed Bajaj Pulsar.
Some popular products from Bajaj's portfolio include the Bajaj Pulsar, Bajaj Avenger, Bajaj CT 100 Platina, Bajaj Discover, and Bajaj Dominar. Being one of the leaders in the Indian two-wheeler market and having a high brand value, Bajaj bikes and scooters have consistently enjoyed a significant presence on the country's roads.
Although Bajaj bikes are known for their high-quality build, it is important to buy a suitable insurance policy for your bike. Not only is doing so mandatory under the motor laws applicable in the country but also necessary for a safe and responsible ownership and riding experience with your bike.
At Tata AIG, we offer three types of bike insurance policies for you to choose from, namely:
1.Comprehensive Bike Insurance Policy; 2.Standalone Own Damage Bike Insurance Policy; 3.Standalone Third-party Bike Insurance Policy.
In India, it is a legal mandate to have at least third-party insurance for your bike. However, by buying a comprehensive bike insurance policy, you ensure complete financial protection against any damages to your bike, including accidents, theft, natural and man-made disasters.
You can purchase Tata AIG bike insurance online and compute your bike insurance premium using our two-wheeler insurance calculator. It is easy to compare bike insurance online and select the plan most suited to your bike insurance requirements. Let's get you started on your journey to get Bajaj bike insurance online.
Bajaj Bike Insurance Renewal / New Purchase via Tata AIG
If you want to purchase or renew Bajaj two wheeler insurance, you can visit our website and follow a simple and hassle-free process.
Here are the steps you need to follow to buy/renew Tata AIG bike insurance for your Bajaj bike.
- Visit the bike insurance page on our website.
- Enter your bike's vehicle registration number and click on 'Get Price' to buy a fresh Tata AIG bike insurance policy and 'Renew' to renew your existing bike insurance with us.
- The Tata AIG online bike insurance calculator will fetch the important details about your bike and its existing insurance policy. Thereafter, you must enter your bike's 'Insured Declared Value'.
- Enter the information on the bike insurance claims filed by you as well as the 'No Claim Bonus' accumulated on your bike insurance policy, if any.
- Click on 'Get Price' to check the bike insurance premium for your bike.
- Check the final quote for your online Bajaj bike insurance and make the payment online through our safe and transparent portal.
- Receive your bike insurance policy document in your email inbox as well as your WhatsApp inbox.
The whole process is time-efficient and customer-centric and enables you to select and buy /renew your bike insurance policy in a short time. Therefore, should you choose to buy a Tata AIG Bajaj two wheeler insurance, you will be able to do so in a convenient and quick manner.
Bajaj Bike Insurance Price - Your Premium Amount
The price or premium of your bike insurance policy is dependent upon several factors, including the type of insurance coverage you opt for and the manufacturer, model, and make of your bike. For instance, if you buy a third party bike insurance policy, the premium is a factor of two elements, namely the engine cubic capacity of your bike and the annual bike insurance rates declared by the Insurance Regulatory and Development Authority of India (IRDAI).
If, however, you select a comprehensive bike insurance policy, you get extensive coverage, and the premium is higher. The factors that drive the premium of your comprehensive bike insurance policy include your bike's age, make, and model, the geographical location for the intended use of the bike, your bike's engine type and cubic capacity, Insured Declared Value, safety devices, and the selected add-on covers.
With our online two-wheeler insurance calculator, it is easy to get quotes for various types of coverages and policy-add-on combinations. Once you are satisfied with the coverage and the price of your Tata AIG Bajaj bike insurance policy, you can go ahead and make the purchase.
Things Covered/Not Covered under Tata AIGs' Bajaj Two Wheeler Insurance Policy
It is critical to know what is covered under your Tata AIG Bajaj Bike Insurance Policy and what is excluded from it. Here's a list of the extent of the coverage you get from a Tata AIG comprehensive bike insurance policy:
|Things Covered Under Tata AIG's Bajaj Bike Insurance Policy||Things Not Covered Under Tata AIG's Bajaj Bike Insurance Policy|
|Damages and loss to the bike owing to natural calamities, man-made disasters, accidents, and fire.||Damages caused to the bike owing to normal wear and tear and age.|
|The total loss caused by the theft of the bike.||Damages to the bike resulting from the driver not using a helmet, driving without a valid driving license, and/or driving under the influence of any intoxicants or narcotics.|
|Expenses incurred to settle third-party liabilities, including injuries to third-party persons and damages to third-party property.||Damages sustained by the bike due to usage under restricted usage conditions, such as floods, and usage beyond the intended purpose of the bike, for instance, the use of a private bike for commercial purposes.|
|A Personal Accident Cover to the tune of ₹15 lakhs for the Owner-Driver of the bike, including a death benefit for their nominee.||Damages caused to the bike outside the geographical jurisdiction of the policy, that is, outside India, as well as damages resulting from war or circumstances akin to war.|
|Damages caused to the bike in transit through air, water, road, or rail.||Damages resulting from breaking and entering and theft that does not lead to the bike being stolen.|
|Specific coverage provided by the selected bike insurance add-ons, for instance, zero depreciation with a Depreciation Allowance cover and breakdown assistance with a cover for Roadside Assistance.||Damage sustained by the bike while being used for racing, speed tests, etc.|
Why Is It Important to Have Tata AIG for Your Bajaj Two Wheeler Insurance Online?
By choosing Tata AIG bike insurance for your Bajaj bike, you choose extensive insurance coverage with one of India's most trusted brands. Not only do you get the cover of a TATA promise but also comprehensive support throughout your bike insurance journey with us.
Here is why you should choose Tata AIG for your Bajaj bike insurance:
1. Quick and easy purchase and renewal of policy
At Tata AIG, we place a high value on your time and comfort. This is why you can buy or renew your bike insurance policy with us online through a swift and simple process.
2. High Claim Settlement Ratio
With a claim settlement ratio of 98.00 per cent for the financial year 2020-2021, we have reasserted our commitment to quality customer service and satisfaction.
3. Claims Support
Our team of 650 plus claims experts are always just a phone call or email away. You can reach out to them through phone (1800-266-7780), WhatsApp (+91-9136160375), and email (email@example.com).
4. Nationwide Garage Network
With our 5,000 plus network garages spread across the nation, you can have access to cashless repairs for your bike in a prompt and efficient manner.
5. No Claim Bonus
You can benefit from a 'No-claim Bonus' of 20 per cent in policy renewals for every claim-free year. Should you not file a bike insurance claim for five consecutive years, you can get a 50 per cent discount on your policy premium upon renewal.
Overview - Bajaj Bikes
The name Bajaj is one of India's most recognisable brands. Ranked the world's fourth-largest two-wheeler and three-wheeler manufacturer, Bajaj Auto has a global footprint in several regions, including Latin America, South East Asia, and the Middle East. Bajaj Auto exports over 2 million automobiles per annum to more than 79 countries, and a substantial chunk of the company's revenues finds its source in said exports.
With a brand positioning of the 'World's Favourite Indian', Bajaj has been one of the leading forces of innovation and development in the automobile sector in India. With its wide range of bikes and scooters catering to people from all walks of life, the company has broken new ground in the sector. The flagship bikes of the company include the Bajaj Pulsar, the Bajaj Dominar, and the Bajaj Avenger.
With its 2007 acquisition of a 14 per cent stake in KTM that has now enhanced to 48 per cent, the automobile giant has revolutionised bike racing in the country. It is the exclusive manufacturer of the Duke range of KTM bikes. In the financial year 2018-2019, KTM was recognised as being the fastest-growing bike brand in India.
Bajaj Bike Models - Prices
Here's a quick glance at the ex-showroom prices of some of Bajaj's bikes in Mumbai:
|Bike Model||Price (Ex-showroom - Mumbai)|
|Bajaj Dominar 400||₹1.90 lakh onwards|
|Bajaj Pulsar RS200||₹1.40 lakh onwards|
|Bajaj Avenger Cruise 220||₹1.30 lakh onwards|
|Bajaj Pulsar NS 160||₹94,106 onwards|
|Bajaj Avenger Street 160||₹82,035 onwards|
|Bajaj Pulsar 150||₹80,774 onwards|
|Bajaj Platina 110||₹51,283 onwards|
|Bajaj Platina 100||₹41,280 onwards|
|Bajaj CT110||₹39,290 onwards|
|Bajaj CT100||₹33,402 onwards|
Unique Selling points: Bajaj Auto
If you are wondering why you must choose Bajaj as your riding companion, here are some of the unique selling points of Bajaj Auto.
1.Excellent brand equity in India: With a countrywide reach, Bajaj has positioned itself as one of the preferred automobile brands in India.
2.Research focus: The company has consistently had a research and development-oriented strategy, leading it to become one of the pioneers in the Indian automobile landscape.
3.Brilliant and resonant marketing: With marketing campaigns such as 'Humara Bajaj' becoming household tunes, Bajaj has managed to capture the attention and interest of Indian customers and retained it for a long time.
4.Wide portfolio of automobiles: Bajaj Auto has a wide range of two-wheelers and three-wheelers available at different price ranges to cater to different socio-economic classes.
5.Extensive distribution network: The vast nationwide distribution network of the company has allowed it to expand its market reach and market share over time.
Rivals of Bajaj Bikes
Here are some of the major rivals of Bajaj Auto in India:
- Yamaha Motor India;
- TVS Motors Company Limited;
- Hero MotoCorp Limited;
- Honda Motorcycle and Scooter India;
- Royal Enfield;
- Suzuki Motorcycle India Private Limited;
- Mahindra Two Wheelers Limited;
- Piaggio Vehicles Private Limited.
Frequently Asked Question
How to Claim Bajaj Bike Insurance?
At Tata AIG, we have a simple and quick cashless claims process that involves the following steps.
- Visit our official website and select 'Initiate Claim' on the claims page.
- Enter your registered mobile number and click on confirm.
- Submit your Bajaj bike insurance policy number, the details of the First Information Report, if applicable, and the other necessary information.
- Submit the claim form.
- Cooperate with the Bike Insurance Surveyor appointed to inspect the damages to your bike.
- Get your bike repaired at the nearest network garage.
- Await the completion of the claim settlement process on our end.
At any time during the claims process, should you need any assistance, feel free to contact our 24*7 support team.
How to Renew Bajaj Bike Insurance?
You can renew your Bajaj bike insurance policy in a few quick steps, which are:
- Visit the bike insurance page on our official website.
- Enter your bike's registration number and click on 'Renew'.
- Our bike insurance calculator will fetch the important particulars, following which you must enter details such as your bike insurance claims in the preceding year and your 'No-claim Bonus' if any.
- Select the necessary bike insurance add-ons and include them in your policy.
- Get a quote for your Bajaj bike insurance policy and make the payment online if the said quote is feasible for you.
What are the Prices of Bajaj Bikes?
Bajaj bikes have varying prices, depending on the model and the variant you select. You can get a Bajaj bike for as low as ₹33,402 (ex-showroom - Mumbai) for the Bajaj CT100 and as high as ₹1.90 lakhs (ex-showroom - Mumbai) for the Bajaj Dominar 400.
What are the Various Variants Available in Bajaj Bikes?
Bajaj Auto have a wide portfolio of bikes and the most popular models are the Bajaj Pulsar, Bajaj Dominar, Bajaj Avenger, Bajaj Platina, and the Bajaj CT 100. All of these bikes come in various variants depending on their engine cubic capacity and other product differentiation.
How does a Zero Depreciation Cover Enhance my Bajaj Bike Insurance?
By adding a Zero Depreciation Cover to your bike insurance policy, you essentially nullify the financial impact of the depreciation accumulated on your bike in terms of a bike insurance claim. This cover allows you to claim the full market price of your bike in the event of a total loss scenario such as theft or irreversible accidental damage. However, you must remember that this cover is applicable only on your first two bike insurance claims and has an additional charge involved.