Bajaj Platina 100 Insurance
Bajaj Platina 100 Insurance
Bajaj is a household name in India. Launched in 1945, it is a long-established and trustworthy automobile brand with decades of expertise catering to the Indian diaspora. Bajaj automobiles are famous for catering to the everyday rider and their commuter needs. One of the main USPs of Bajaj bikes is that they are highly fuel-efficient.
The Bajaj Platina 100 was launched in 2006 and has sold many units since its launch. Ever since then, Platina 100 has seen many relaunches and upgrades in models in line with the changing trends and needs of the modern-day rider.
The Platina 100 is an everyday commuter bike available in 3 variants. It has a fuel-efficient BS6 engine with an engine capacity of 102cc and a mileage potential of 72kmpl. Overall, the bike ensures a smooth riding experience. The Platina 100 also comes with advanced safety features like dual-shock absorbers and a spacious rider & pillion seat with better grip.
But however superior in safety, every bike needs a bike insurance policy. A two-wheeler insurance policy protects the rider, their bike, third parties and their vehicle + property against damage or loss caused by the rider’s bike. Insurance for 2-wheelers is a legal mandate in India, but it is wise to go beyond the compulsory and see the immense benefits insurance for 2-wheelers holds.
Read on to learn the features of a third-party, own-damage, and comprehensive bike insurance policy and how Tata AIG take on the responsibility of securing your valuable investment.
Bajaj Platina 100 insurance renewal/ Buy via Tata AIG
Here are the steps to buy or renew or buy Bajaj two-wheeler insurance with Tata AIG:
Visit our Bike Insurance page and enter your Bajaj Platina 100 registration number.
Click on Get Price for a new Bajaj bike insurance online policy or on Renew for a Bajaj bike insurance renewal. For those renewing their bike insurance policies, remember its validity of ranges between 1-5 years.
Fill out the bike insurance form and enter the requested details. The details will include personal information like your name, number, email address, Aadhaar number, PAN card number, etc.
You will also have to enter the details of your Platina 100, like its variant, price, Insured Declared Value (IDV). Enter policy-related details like the previous policy expiration date, previous claim history, etc., in case of policy renewal.
If you haven’t filed a bike insurance claim or have no claim history, you will be eligible to get a No Claim Bonus (NCB) of up to 50%. You might also get an additional discount of up to 75%, which will lower the Bajaj bike insurance price.
You can select the Bajaj two-wheeler insurance policy as it is or choose from our 7 add-on riders.
After submitting the necessary details, you will get a Bajaj bike insurance quote for the premiums payable for the selected policy tenure.
After paying, you will receive a digital receipt/ e-copy of your Bajaj two-wheeler insurance policy on your email ID/ number/ WhatsApp.
Bajaj Platina 100 bike insurance cost – Your Premium Amount
To do a Bajaj bike insurance renewal price or buy a new Bajaj bike insurance online policy, you have to make monthly, quarterly, half-yearly, or yearly payments called premiums. The premium price depends on various factors, including:
Your age, your driving record, and the location of the bike purchase/ use.
The age, make and variant of the Platina 100. For instance, the premiums for the Platina 100 Kick start version and the Platina 100 Electric version will differ. The older your bike gets, the lower will its premiums be, and vice versa.
The Insured Declared Value (IDV) of your Platina 100. The IDV is the current market or sale value of your Platina 100, payable under the Bajaj two-wheeler insurance policy. For instance, if the price of a brand-new Bajaj Platina 100 is ₹65,000, and two years later, if you make an insurance claim and its market price is ₹50,000, you will get the said value unless you have a depreciation cover.
The engine (cubic) capacity of the Bajaj Platina 100. The higher the cubic capacity, the higher the premiums, and vice versa.
The type of Bajaj two-wheeler insurance policy chosen – whether comprehensive, own-damage (standalone) or third-party. A third-party or own-damage bike insurance policy will surely cost lesser than comprehensive insurance for 2-wheelers.
Any NCB benefits (up to 50%) or premium discounts (up to 75%) we give for buying the Bajaj bike insurance online.
Addition of safety devices (which can lower the premium cost) or modifications (which can increase the premium cost) to your Bajaj Platina 100.
To get a precise estimate of the Bajaj bike insurance cost for your Platina 100, we encourage you to use our bike insurance calculator.
You can compare two-wheeler insurance as it is free, accurate, and lets you compare multiple two-wheeler insurance policies in no time.
Add-ons for Yamaha Bajaj Platina 100 insurance online by Tata AIG
To cater to the maximum possible odds, Tata AIG’s bike insurance policy also comes with riders to provide extra financial security to the rider-owners of today. These riders go over and above the baseline coverage in third-party or comprehensive insurance for 2-wheelers. They provide extra financial support during unforeseen eventualities involving your Platina 100.
Consider these 7 add-on riders offered by Tata AIG:
Personal accident rider It pays a pre-decided sum of money to your nominees (chosen family members) in case of your demise/ physical injury due to an accident involving your Platina 100.
Third-party property damage rider It provides a sum over and above the base insurance cover on the damage caused to a third party, their vehicle, and their property due to your Platina 100.
Roadside Assistance rider It provides immediate 24x7 mechanic services on the breakdown of the Platina 100 in a remote or faraway location.
Emergency medical expense rider It covers the emergency medical expenses of you (the rider) and the pillion rider due to injuries caused by an accident involving your Platina 100.
Consumables Expense rider It covers the cost of the Platina 100’s consumables damaged/ lost due to an accident. The consumables include screws, nuts, bolts, lubricants, bearings, engine oil, gearbox oil, brake oil, and other parts.
Return to invoice rider It reimburses the original invoice/ purchase cost of your Platina 100 in case of theft or total and irreparable damage.
Depreciation allowance rider It pays the original value of the Platina 100’s bike parts during repair/ replacement cancelling the effects of depreciation.
Things Covered and Not Covered under Tata AIG’s Bajaj bike insurance online
When you trust Tata AIG for your Bajaj two-wheeler insurance needs, rest assured the first thing we will inform you about is the exact scope of coverage offered in our bike insurance policy. As part of our 100% disclosure policy, we encourage you to go through our bike insurance policy scope of coverage on our website and the policy document.
Going through these will help you understand the exact scope of coverage and avoid any unpleasant surprises at the time of claim settlement. We also have a free-look period of 15 days, so customers can get the Bajaj bike insurance online and decide whether they are satisfied.
Here is a concise table of what Tata AIG’s Bajaj two-wheeler insurance covers and does not cover.
|Things Included under Tata AIG’s Bajaj bike insurance||Things Not Included under Tata AIG’s Bajaj bike insurance|
|Damage caused to your Bajaj Platina 100 during travel through any airway, waterway, roadway, or railway||Damage caused to your Bajaj Platina 100 while being used for speed racing, crash testing, and other forms or racing or reliability trials.|
|Damage and loss to your Platina 100 from natural disasters like floods, lightning, snowfall, earthquakes, and cyclones, as well as artificial man-made disasters like riots, theft, strikes, self-ignition, terrorist activities, and explosions. and so forth.||Damages caused to your Platina 100 due to your own contributory negligence, including riding without a valid and active driving license, riding without a helmet/ in some cases, a pillion helmet, riding without PUC papers/ other important bike documents, riding under the influence of intoxicants like alcohol/ drugs/ narcotics – this can impose serious penalties, riding in a flood-prone area or any area that poses a threat to your Platina 100, riding outside India, riding for commercial, profit-making purposes.|
|Personal accident coverage where you receive medical insurance up to Rs. 15 lakhs for physical injuries caused to you by an accident. Physical injuries include permanent total dismemberment, permanent partial dismemberment, temporary total dismemberment, and temporary partial dismemberment. In the eventuality of your death, your family members will receive an insurance payout equal to the medical insurance.||Damage to your Platina 100 due to nuclear perils, mutiny, war, civil unrest, or other operations that create a state of war.|
|Damage or death caused to third parties, their vehicle and property.||Any consequential loss, general wear and tear, and age-related breakdown of the bike.|
|Add-on coverage from 7 bike insurance riders, including depreciation allowance rider, return to invoice rider, personal owner-driver accident rider, third-party property damage rider, consumables expense rider, emergency medical expenses rider, and roadside assistance rider.||Damage (except total theft) caused to the Platina 100 during a burglary/ breaking/ entering.|
Why Is It Important to Have Tata AIG for Your Bajaj bike insurance?
A certain thrill comes with owning a two-wheeler – the fresh air hitting your face and the unpredictable roads ahead. Especially if it’s your dream two-wheeler. But the higher the thrill, the higher the responsibility.
Did you know that two-wheelers are one of India's biggest contributors to road accidents? Most of this has less to do with rider performance and more to do with the various road issues that pose problems to riders/ drivers in the country.
Tata AIG’s bike insurance policy is thoughtfully curated to cover as many possible unforeseen scenarios involving your Platina 100. Its commitment to caring for its customers throughout its insurance journey and consistent claim settlements over the years has helped it establish an unparalleled brand value.
Here are a few guaranteed features of Tata AIG’s insurance for 2-wheelers that set it apart from its contemporaries:
Hailing from the lineage of the greatest business minds who have built the Tata Group from the ground, Tata AIG is an offspring of those efforts.
We have over 20+ years of expertise and experience to our name. We let our work speak for us – just look at our consistent claim settlement ratios over the past decades. In FY 2020-2021, we had a settlement ratio of 98% - a number that makes us instantly trustworthy.
We are a company that is agile and adaptive. We are in sync with our customer’s needs 24x7. This is why we have set up a team of 650+ claim experts that provide immediate, personalised assistance to over 5+ crore diverse customers and their versatile needs.
We have 100% digital and hassle-free buying, renewal, and claim settlement processes. But just because we have moved from outdated and complicated procedures doesn’t mean we have lost touch with interaction. You can even visit our offices and request any procedure.
We have a reliable and agile network of over 5,000 trusted garages spanning the country – from tier 1 cities to the smaller town and more rural interiors.
We offer mega savings – choose from our affordable 7 add-ons, get up to 50% discounts in NCBs, and save up to 75% discounts in premiums on our online bike insurance policies.
Overview – Bajaj Platina 100 bike model
The Bajaj Platina 100 was launched in 2006 and was an instant hit with users and critics alike. Ever since its launch, the Platina 100 has seen many relaunches and variant upgrades in line with the changing bike trends and needs of the modern-day rider.
The Platina 100 is an everyday commuter bike available in 3 variants – the Electric Start CBS, Kickstart CBS, and the ES Disc BS6. All variants have a fuel-efficient BS6 engine that has an engine capacity of 102cc and a mileage potential of 72kmpl.
The bike has a 4-speed manual transmission and generates a max power of 7.79 bhp and a max torque of 8.34 Nm. It weighs 117kg and has a fuel tank capacity of 11L. Not only does it deliver superior fuel efficiency, but it also serves impressive looks as well. Its outer appearance is sleek, no-nonsense, and minimalistic yet stylish – making it perfect for the daily commuter.
Bajaj Platina 100 Price and Variants
The Bajaj Platina 100 is available in 3 variants – the Bajaj Platina 100 Electric Start CBS, the Bajaj Platina 100 Kickstart CBS, and the Bajaj Platina 100 ES Disc BS6. All variants are available in combination colours black and red, black and silver, black and gold, and black and blue. The approximate price of the variants ranges from ₹50,000 to ₹70,000.
The exact cost varies from model to model and showroom to showroom. Following is the list of the approximate price of all variants in New Delhi and another city-wise approximate price list for the variants.
|Bike variant||Approximate Price|
|Bajaj Platina 100 Electric Start CBS||₹48,000|
|Bajaj Platina 100 Kick Start CBS||₹ 50,000|
|Bajaj Platina 100 ES Disc||₹ 65,000|
|New Delhi||₹ 65,856|
Unique Selling Points: Bajaj Platina 100 bike features
The Bajaj Platina 100 is an everyday commuter bike but has tons of its own USPs that make it a valuable buy! The features of the Platina 100 include:
DTSI-I engine with an engine capacity of 102cc
Max power of 7.79 bhp and a max torque of 8.34 Nm
Mileage potential of 72kmpl
Weight of 117kg
Fuel tank capacity of 11L
Wider rubber footpads with improved grip and Advanced Comfortec technology
Improved seating comfort for rider and pillion rider
An improved front and rear dual shock absorbers for a smoother riding experience
LED DRL that improves visibility even in low light conditions
Rivals of Bajaj Platina 100
The Bajaj Platina 100 is a trusted bike model and a powerful contender in the market. However, it is not free from competitor bikes. Its rivals include the:
Hero Splendor Plus
Honda SP 125
Hero Passion Pro
Hero HF Deluxe
Bajaj Platina 110
Bajaj CT 110
Honda CD 110 Dream
TVS Star City Plus
Disclaimer / TnC
Your policy is subjected to terms and conditions & inclusions and exclusions mentioned in your policy wording. Please go through the documents carefully.
What are the penalties for riding without a valid bike insurance policy?
What are the penalties for riding without a valid bike insurance policy?
As per the prevailing motor vehicle laws in India, it is mandatory to at least have a third-party bike insurance policy while riding your bike. Driving a two-wheeler without owning a third-party insurance policy is illegal and entails consequences. You might have to pay a fine of up to ₹4,000 or face imprisonment of up to 3 months if the authorities catch you riding your bike without one.
What is the depreciation of a bike?
Depreciation is the decrease in the value of a commodity or goods due to its consequential ageing and usage. It is only natural for a vehicle (like your Bajaj Platina 100) to deteriorate and undergo wear and tear due to its use on the roads. As your bike ages, its original purchase value reduces.
For instance, if your Bajaj Platina 100 costs Rs. 65,000 when you buy it, and two years later, due to consistent use, its value drops to Rs. 50,000, we can say that the bike has depreciated. While filing a bike insurance claim for damages to your Platina 100, your insurer deducts the depreciation of the bike or the bike parts from the sum assured payable. The deduced value is the claim settlement value. There is no way to avoid depreciation, but you can nullify its effects with the Zero Depreciation cover/ add-on rider. The Zero Depreciation cover gives you the entire claim amount for damages caused to your bike or the original purchase cost without deducting the depreciated value of your bike.
Disclaimer: All the bike prices and other information listed above pertain to a specific city and vehicle model. Since this information is subject to change, it is advisable to check the latest information before purchasing a vehicle or an insurance policy.