Bajaj Pulsar 250 Insurance
Bajaj Pulsar 250 Insurance
Launched in 1945, Bajaj is a household name in India. Bajaj is an automobile manufacturer that has long-established and trustworthy goodwill thanks to its decades of expertise catering to the Indian and global markets.
Bajaj two-wheelers are popular for catering to a variety of riding styles – from the everyday rider who needs to commute to the street bike enthusiast who loves to explore diverse terrains. Their bikes are highly fuel-efficient, performance-oriented, and affordable at the same time.
The Bajaj Pulsar 250 was launched just last year and was an instant hit with buyers and critics alike. The Pulsar 250 is a street bike with two variants and two sub-variants. Overall, the Pulsar 250 ensures a smooth, effortless, and enthralling riding experience.
Being a street bike, the company has installed enhanced safety features in the Pulsar 250 like a mono-shock suspension, bigger disc brakes for an ultra-safe braking ability, and larger tyres for better grip. Despite its enhanced safety features, the Bajaj Pulsar 250, like every other bike needs a two-wheeler insurance policy.
A two-wheeler insurance policy protects the rider, their bike, third parties and their vehicle + property against unprecedented natural or man-induced damage or loss. Insurance for two-wheelers is a legal mandate in India according to the Motor Vehicle Act of 1988, but it is wise to go beyond the necessity and see the immense additional benefits it holds.
Read on to learn how a two-wheeler insurance policy, like the one from Tata AIG, for your Pulsar 250 third-party can secure your valuable investment.
Purchase or Renewal of Bajaj Pulsar 250 insurance renewal
The world has switched from an offline to an online mode of purchasing things with many buyers now preferring to fulfil their insurance needs digitally. Digital purchases help save time and effort and also come with the added benefits of premium price discounts. These discounts are up to 50% in NCBs and up to 75% with Tata AIG and can lower your Bajaj bike insurance online price.
Here are the steps to buy or renew or buy Bajaj two-wheeler insurance with Tata AIG
Step 1 Visit our Bike Insurance page.
Step 2 Enter your bike's registration number and other details.
Step 3 Click on Get Price for a new Bajaj bike insurance online policy or on Renew for a Bajaj bike insurance renewal. Fill out the bike insurance form that appears after clicking on Get Price or Renew and enter the requested details. The details will include personal information like your name, number, email address, Aadhaar number, PAN card number, etc.
Step 4 Select your bike's appropriate IDV (Insured Declared Value).
Note IDV is calculated based on the manufacturer's listed selling price and indicates the current market value of your bike. It should thus be chosen carefully. The IDV affects the premium of your Bajaj bike insurance.
Step 5 Mention your previous claim history (if any). If you haven't raised any claim earlier, you can select 'No Claim Bonus'. If you don’t have any previous two-wheeler insurance 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% for buying the policy online which will lower the Bajaj bike insurance price.
Step 6 Enhance your policy coverage by selecting an add-on as per your need. We offer 7 comprehensive add-ons.
Note that the add-ons come at an additional cost, which increases your overall premium. Thus, it would be best if you chose the add-ons wisely.
Step 7 After submitting the details, you will see your Bajaj bike insurance online sum insured and premium quote on the screen. If you are satisfied with the sum insured and the premium quote, you can proceed and pay the premium online.
Step 8 Once you complete your payment, you will receive your insurance policy documents and other details on your registered email address or WhatsApp number.
You can contact our support team anytime for any queries or support, and we'll be glad to help.
Bajaj Pulsar 250 bike insurance price – Your Premium Amount
To buy a new Bajaj bike insurance online or carry out a Bajaj bike insurance renewal, you have to make monthly, quarterly, half-yearly, or yearly payments called premiums. The Tata AIG premium price depends on various factors, including:
Your age, your driving record, and the location of the two-wheeler’s purchase/ use. A reckless driving record or living in a metropolitan city can affect the Bajaj bike insurance online price.
The engine (cubic) capacity of the Pulsar 250. The higher the cubic capacity, the higher the premiums, and vice versa.
The age, make, and variant of the Pulsar 250. For instance, the premiums for the Pulsar N250 and the Pulsar F250 version will differ. The more expensive and newer your bike is the higher its premiums will be, and vice versa.
The Insured Declared Value (IDV) of your Pulsar 250. The IDV is the current market or sale value of your Pulsar 250, payable under the Bajaj bike insurance policy.
For instance, if the price of a brand-new Bajaj Pulsar is ₹1,40,000, and two years later if you make an insurance claim and its market price is ₹90,000, you will get the said value unless you have a depreciation add-on rider.
The type of Bajaj bike insurance policy chosen – whether comprehensive, own-damage (standalone) or third-party. Third-party or own-damage insurance for two-wheelers will cost lesser than comprehensive insurance for two-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 Pulsar 250.
Use our free bike insurance calculator to get a precise estimate of the Bajaj bike insurance cost for your Pulsar 250 and compare multiple insurance policies.
Add-on Bike Insurance Covers That You Should Consider
Did you know that two-wheelers are one of the biggest victims of road accidents in India? Most of this has to do with the present-day issues that expose riders/drivers to higher risk in the country. These include potholes, congestion, excessive traffic, delayed construction lines, and mixed lanes for small and big vehicles.
This is why the Indian government has made it mandatory to at least have third-party two-wheeler insurance for all bike owners. To cater to the maximum possible threats against your bike, Tata AIG’s Bajaj Pulsar 250 insurance online also comes with riders to provide extra financial security to the rider-owners of today. These riders provide extra financial support during unforeseen eventualities involving your Pulsar 250.
-Personal accident rider Your chosen family members (nominees) get a pre-decided sum of money to your in case of your death/ physical injury due to an accident involving your Pulsar 250 with this rider.
-Third-party property damage rider Any third party gets a sum over and above the base insurance cover on the damage caused to them, their vehicle, and their property due to your Pulsar 250 with this rider.
-Roadside Assistance rider With this rider, you get access to immediate and 24x7 mechanic services on the breakdown of your Pulsar 250 in a remote or faraway location.
-Emergency medical expense rider You can cover the emergency medical expenses of you (the rider) and the pillion rider due to injuries caused by an accident involving your Pulsar 250 with this rider.
-Consumables Expense rider You can cover the cost of the Pulsar 250s consumable parts damaged/ lost due to an accident with this rider. These include screws, nuts, bolts, lubricants, bearings, engine oil, gearbox oil, brake oil, and other consumables.
-Return to invoice rider You get reimbursed the original invoice/ purchase cost of your Pulsar 250 in case of its theft or total and irreparable damage with this rider.
-Depreciation allowance rider You get the original value of the Pulsar 250’s bike parts during its repair/ replacement with this rider.
What is Covered and Not Covered under Tata AIG’s Bajaj bike insurance online
We have enlisted the entire insurance scope on our website and the policy document. Going through these will help you avoid any unpleasant surprises and confusion at the time of claim settlement. We also have a free-look period of 15 days, so feel free to get your queries resolved and take an informed decision.
Here is a concise table of what Tata AIG’s Bajaj two-wheeler insurance covers (inclusions) and does not cover (exclusions).
|What Tata AIG’s Bajaj bike insurance covers||What Tata AIG’s Bajaj bike insurance does not cover|
|Damage caused to your Bajaj Pulsar 250 during travel through airways, waterways, roadways, or railways.||Damage caused to your Bajaj Pulsar 250 while being used for speed racing, crash testing, and other racing, speed, or reliability trials.|
|Damage or death caused to third parties, their vehicle and property due to your Pulsar 250.||Any consequential loss, general wear and tear, and age-related or time-borne breakdown of the Pulsar 250.|
|Damage and loss to your Bajaj Pulsar 250 from natural & man-induced disasters like:
||Damages caused to your Bajaj Pulsar 250 due to your 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/ two-wheeler insurance policy document/ other important bike documents
Riding under the influence of intoxicants like alcohol/ drugs/ narcotics
Riding in a flood-prone area or a danger-prone area
Riding for commercial, profit-making purposes
|Personal accident coverage where you receive medical insurance up to Rs. 15 lakhs for physical injuries or death caused to you by an accident. Physical injuries include:
Permanent total dismemberment
Permanent partial dismemberment
Temporary total dismemberment
Temporary partial dismemberment
|Damage to your Pulsar 250 due to nuclear perils, mutiny, war, civil unrest, or other unlawful activities that create a state of war.|
|In the eventuality of your death, your family members or nominees will receive an insurance payout equal to the medical insurance.|
|In case of theft or total damage to your Pulsar 250, we will reimburse you for the bike's current market value or IDV.||Our Bajaj bike insurance policy does not cover two-wheelers used outside the geographical boundaries of India.|
|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
Roadside assistance rider
|Damage (except total theft) caused to the Pulsar 250 during a burglary|
Why is it Important to Have Tata AIG for Your Bajaj two-wheeler insurance?
Every vehicle deserves the utmost financial protection, especially street bikes that are high in speed and torque. Here is where Tata AIG can help with its insurance for a two-wheeler policy. Tata AIG’s two-wheeler insurance policy covers as many possible unforeseen scenarios that threaten to harm you, your pulsar 250, and fellow rider-drivers on the road.
Here are a few stand-out reasons to choose us:
Hailing from the lineage of the greatest business minds who have built the Tata Group from the ground and made it into a household name in India, Tata AIG is a brainchild of those efforts.
Trust the numbers. We have over 20+ years of expertise and a consistent claim settlement record over the past decades. In FY 2020-2021, we had a settlement ratio of 98% - a number that helps establish our unparalleled brand value.
We are agile, adaptive, and updated with our customer’s needs and changing two-wheeler insurance trends. This is why, we have set up a team of 650+ claim experts that provide immediate, personalized assistance round the clock.
Giving priority to your comfort and time, we have shifted to a 100% digital and hassle-free buying, renewal, and claim settlement processes. But just because we have moved towards digital simplicity, it doesn’t mean you can’t visit us for your insurance needs in person. Our doors are always open for our customers.
We have a reliable network of over 5,000 trusted network garages spanning the country – our partners offer prompt nationwide services – from tier 1 metropolitans to the smaller town and rural interiors.
Our commitment to caring for our customers throughout their insurance journey has help grown our AIG family to over 5+ crore members.
You save more than spend with us – you can choose from our customizable and affordable 7 add-ons, get up to 50% discounts in NCBs, and save up to 75% discounts in premiums on our two-wheeler insurance policy.
A brief overview of the Bajaj Pulsar 250 bike model
The Bajaj Pulsar 250 Bajaj is a street bike launched last year to cater to the needs of the adventurous rider. Bajaj bikes are high-impact in performance but are fuel-efficient and affordable at the same time. The Bajaj Pulsar 250 is available in two variants - Bajaj Pulsar F250 and the Bajaj Pulsar N250, and further available in two sub-variants - single-channel ABS and dual-channel ABS. The bike has a 249cc engine that gives a max power of 24.5 PS @ 8750 rpm and a max torque of 21.5 Nm @ 6500 rpm. It has a fuel capacity of 14L and generates a mileage of 37.5 kmpl. Overall, the Pulsar 250 ensures a smooth and unparalleled experience. The bike is available in 3 standard but stunning minimalistic colours and has a sporty and bold outer appearance.
Bajaj Pulsar 250 Price and Variants
The Bajaj Pulsar 250 is available only in 2 variants – the Bajaj Pulsar F250 and the Bajaj Pulsar N250, further available in sub-variants single channel ABS and dual channel ABS. Both variants are available in the following colours – Caribbean blue, Racing red, and Techno Grey. The approximate starting price of the bikes starts from ₹ 1,40, 000 to ₹ 1,60,000. The exact cost varies from showroom to showroom based on the city or region. Following is the approximate price list for the variants.
|Bike variant||Approximate Price|
|Bajaj Pulsar N250||₹1,40,666|
|Bajaj Pulsar F250||₹1,40,666|
Unique Selling Points: Bajaj Pulsar 250 bike features
The core USPs of the Bajaj Pulsar 250 include:
Wide torque band that gives a peak power and rev range better than 85% of the motorcycles present in the market.
Sharp and bold aesthetics with LED DRLs and tail lamps
Infinity digital display for quick and clear reading
USB mobile charging port for on-the-go charging
Smart-technology fuel reading and digital odometer
Mono-shock suspension for a comfortable riding experience
Bigger disc brakes for an ultra-safe braking ability
Larger tyres for a better grip on the roads
Competitors of Bajaj Pulsar 250
The Bajaj brand of automobiles is very popular not only in India but across the globe. Despite being the second-largest automobile manufacturer in India, it has some competitors. These include:
Bajaj Dominar 250
Suzuki Gixxer 250
TVS Apache RTR 200 4V
Bajaj Pulsar NS200
KTM 250 Duke
TVS Apache RTR 160
Yamaha MT 15 V2
Yamaha R15 V4
Disclaimer / TnC
Your policy is subjected to terms and conditions & inclusions and exclusions mentioned in your policy wording. Please go through the documents carefully.
Frequently Asked Question
1. What are some of the recommended add-ons for the Bajaj Pulsar 220 bike?
Choosing add-ons depends on the rider. However, we recommend you go for personal accident cover, zero-depreciation cover, engine protection cover, as well as roadside assistance cover.
2. How can I apply for a No Claim Bonus discount on a Bajaj Pulsar 220 bike insurance plan?
If you do not submit a claim on your bike insurance policy during the policy year, you will be eligible for the No Claim Bonus discount, which will be added to the next policy year's rates. As far as possible, avoid filing claims for small damage to your two-wheeler in order to qualify for the No Claim Bonus discount.
3. Which insurance policy is best for the Bajaj Pulsar 220?
As previously stated, two bike insurance options are available for the Bajaj Pulsar 220. Third-party Bike Insurance Policy and Comprehensive Bike Insurance Policy are the two options. We recommend Comprehensive Bike Insurance over the other since it provides more comprehensive coverage. This policy covers both own damage (OD) and third-party liabilities. You may also choose add-on coverage to supplement the base plan's coverage.
4. What papers do I need to provide to get Tata AIG's bike insurance for the Bajaj Pulsar 220?
When purchasing bike insurance from Tata AIG, you are not required to provide any documentation. The transaction is entirely paperless. All you have to do is input your two-wheeler information and previous policy information. After that, select your preferred plan and make an online payment. The policy paper will be emailed to you immediately. It's as easy as that!
5. What is the cost of a Bajaj Pulsar 220 bike insurance policy?
Tata AIG uses a variety of parameters to calculate the premium due for a motorcycle, including its age, manufacture, model, Insured Declared Value (IDV), and so on. As a result, the premium payable may differ from bike to bike.
To obtain a free estimate, visit our official website, submit your two-wheeler information, and choose your preferred plan.
6. In what circumstances might my Bajaj Pulsar 220 cc claim be denied?
In the following conditions, your insurance claim for your Bajaj Pulsar 220 cc would be denied:
- If it has been shown that you were driving carelessly or were under the influence of a substance such as alcohol or drugs.
- If the amount of your insurance coverage has been depleted for a specific period of time,
- If your claim falls beyond the scope of the policy's coverage
7. How long does it take to process my Bajaj Pulsar 220 bike insurance claim?
You will be assigned a claim number once you have notified us of your claim on our Claims Support page or on 1800-266-7780. Your claim is processed quickly when you submit the required papers in line with the terms and conditions of your Pulsar 220 bike insurance policy.
Is it safe to buy bike insurance online?
Yes, buying bike insurance online is generally considered safe. Tata AIG has a secure website that protects your personal and financial information, and you can easily compare policies and prices before investing. However, it's important to make sure you're buying insurance from a reputable company and to carefully review the policy details and coverage options to ensure you're getting the right coverage for your needs.
Is it important to renew bike insurance?
It's important to renew bike insurance to comply with the law, maintain coverage, and avoid lapses in coverage. This helps ensure protection and peace of mind.
What is bike insurance?
Bike insurance is a policy that provides financial protection for a two-wheeler, such as a motorcycle or a scooter, covering repairs/replacement in case of an accident, damage, or theft and liability for damages/injuries caused to others. It is mandatory and various coverage options are available.
What does a comprehensive bike insurance policy cover?
A comprehensive bike insurance policy typically covers: Damage to the bike in case of accidents, theft, or natural disasters Liabilities towards third parties in case of accidents, such as injury to others or damage to their property Personal accident cover for the rider Medical expenses incurred due to an accident involving the bike Add-on covers such as pillion passenger covers, accessories covers, and roadside assistance Legal expenses in case of a dispute with a third party It is important to check the policy details carefully to understand the coverage and exclusions.
How long will it take for my bike insurance claim to be settled?
The time it takes for a bike insurance claim to be settled can vary depending on several factors, including the type of claim, and the complexity of the situation. In general, the bike insurance claim process typically involves the following steps: Reporting the claim Inspection and assessment Approval and payment With Tata AIG it typically takes 7 to 30 days for a claim to be settled.
How long would it take to buy a Tata AIG bike insurance policy for my Bajaj Pulsar N250?
Tata AIG makes it quick and easy to book Bajaj Pulsar N250 insurance online. You can complete the entire process in just a few minutes. The quick and convenient process ensures that you can get insurance coverage for your Bajaj Pulsar N250 without spending hours or days on paperwork or waiting for an appointment.
Disclaimer: All the 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.
What is a no-claim bonus? How much NCB does Tata AIG offer?
A no-claim bonus or NCB is a bonus given in the form of discounts to riders who don’t make any bike insurance claim in the previous years. A two-wheeler insurance policy can go up to 5 years at one time. So, if you don’t make an insurance claim, you get NCBs. At Tata AIG, you get a 20% NCB discount if haven't made a claim in the past 1 year, 25% for the 2nd year, 35% for the 3rd year, 45% for the 4th year, and 50% for the 5th year. You can even transfer the NCB discount to a new two-wheeler insurance policy from a different insurer or new bike insurance policy.
How can I reduce my Bajaj bike insurance premium?
The premium price of insurance for two-wheelers depends on various factors, some within and others outside your control. Here are a few ways to reduce insurance premiums by acting on the factors within your control and not compromising your policy coverage simultaneously. Here’s what you can do - You can choose a higher voluntary deductible i.e. pay a specific percentage of the insurance claim amount yourself. Avoid making small claims and keep your NCBs intact. Install safety devices like CCTV devices in parking areas or adding locks and sensors to your bike. Avoid excessive modifications on your bike like a fancy paint job or adding unnecessary accessories. Become a Member of Authorised Riding Groups to get discounts from the fact of your membership. Avoid adding any unnecessary add-ons to your bike insurance policy. Calculate the estimated premium before buying by using a bike insurance calculator.