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Bajaj Allianz Third Party Bike Insurance Overview

Third party liability coverage which covers the following

  1. Third party death
  2. Third party physical injury
  3. Third party property damage

Where ‘third party’ is defined to be any other individual apart from the bike owner and the insurance company

Bajaj Allianz Claim Settlement Ratio


Bajaj Allianz


Industry Average

Bike claim settlement ratio is the percentage of claims settled against the total claims received by the insurance company in a given fiscal year. Bajaj Allianz has a claim settlement ratio of 98%, as compared to the industry average of 94.67%.

Bajaj Allianz Premium Calculator

Use our Bajaj Allianz bike insurance premium calculator to estimate Bajaj Allianz bike insurance premium for your bike within 30 seconds

Add-ons Available Under Bajaj Allianz Two Wheeler Insurance Plans

Add-ons are additional coverage benefits which can be chosen voluntarily by paying an additional premium. Add-ons help increase the scope of coverage of the bike insurance policy. Bajaj Allianz two wheeler insurance plans offer the following types of add-ons with the comprehensive policy:

Under this cover the company promises to provide you on the spot help in case your bike breaks down in the middle of the road. This assistance is provided every day and at any time. If your bike breaks down and you are unable to use it, you can call the helpline number of the insurance company at 1800 103 5858 24*7 and seek assistance.

When the bike is used, it undergoes normal wear and tear and depreciates over time. Since depreciation is not covered under bike insurance plans, in case of a claim, the company deducts the applicable depreciation from the claim amount and then pays the claim.You, however, would face the total cost of repairing the bike. The depreciation deducted by the company would, therefore, have to be paid from your pockets. If you choose this add-on, this can be prevented. The zero depreciation cover removes the effect of depreciation from claim calculation.The insurance company does not factor in the depreciation of the bike and pays the total costs incurred in repairs. This, therefore, increases your claim amount and reduces your out of pocket expenses.

Bike insurance policies have a mandatory personal accident cover for the owner/driver of the bike. However, the pillion rider is not covered. With this add-on the personal accident cover can be extended to cover the pillion rider too. The cover would pay a lump sum benefit if the pillion rider faces accidental death or disablement when travelling on the insured bike.

How To Raise A Claim Under Bajaj Allianz Third Party Bike Insurance

Claims under your Bajaj Allianz two wheeler insurance policy occurs if you incur a third party liability, if your bike is damaged or if the bike is stolen.The claim process is as follows

  1. You would first have to register your claim with Bajaj Allianz.To register, you can either choose the online medium or call 1800 209 5858 and register the claim
  2. You would have to provide the details of your bike and policy at the time of registration.These details include the engine and chassis number of the bike, the registration number, policy number, place and time of the accident, etc.
  3. The company’s executive would guide you with the claim process and ask the vehicle to be taken to the nearest networked garage for cashless claim
  4. The insurer’s surveyor would, then visit the garage to estimate the damages suffered
  5. Based on the report submitted by the surveyor, the insurance company would approve the claim
  6. Once the claim is approved, the repairs would start
  7. After the repairs are done, you can settle the claim and take possession of your bike
  8. In case of theft or third party claims, you should file a police FIR
  9. Theft claims would be settled by the company once the police issue a non-traceable report on the bike
  10. Third party claims,on the other hand, would be paid after the motor accidents tribunal gives its ruling stating the claim amount .

Claims for your two wheeler insurance plans can also be made through Turtlemint. If you have bought your policy from Turtlemint’s website, you can inform the company in case of a claim to help you with claim settlements. Turtlemint has a dedicated team of claim experts who take all the necessary steps for getting your claims settled sparing you from the trouble. Just inform the company by phone (1800 266 0101) or by an email (claims@turtlemint.com) and the company would take up the claim process.

Documents Required For Claims

For your claims to be processed and settled, the following documents would have to be submitted

  1. Claim form
  2. Police FIR (if you claim for theft or third party liability)
  3. Driving license
  4. RC book
  5. PUC certificate
  6. Identity proof of the policyholder
  7. Policy bond

Bajaj Allianz Customer Care

Customer Care Number

How To Buy Bajaj Allianz Third Party Bike Insurance

You can buy Bajaj Allianz two wheeler insurance policy online from the company’s website. Just visit https://www.bajajallianz.com/motor-insurance/two-wheeler-insurance-online.html and choose the policy that you would like.Provide the details of your bike to view the premium rate.Pay the premium online and the policy would be issued instantly.

You can also buy a two wheeler insurance plan through Turtlemint. Turtlemint allows you to compare the best two wheeler insurance plans available in the market and then choose the most suitable policy for your requirements. Just visit https://www.turtlemint.com/two-wheeler-insurance, fill in the registration number of your bike, provide the details of the bike (make, model and variant, registration year, previous policy history, fuel type, etc.) and see the available plans. You can check the coverage benefits and premium rates of all the available plans and then make a choice. Then you need to pay the premium online to buy the policy instantly.

Documents required for buying Bajaj Allianz two wheeler insurance plans

  1. RC book of the bike
  2. Driving license
  3. Identity proof, address proof and age proof of the owner of the bike
  4. Invoice of the bike
  5. PUC certificate
  6. Proposal form for buying the policy
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