Bajaj Two Wheelers Insurance

About Bajaj

Bajaj Group is one of the top 10 business houses in India. Founded in the year 1926, Bajaj Group of companies that comprise 34 companies has Bajaj Auto as its flagship. The company has its footprint stretched over a wide range of industries, one of them being automobiles that include two-wheeler manufacturers as well as three-wheeler manufacturers. Others include lighting, home appliances, travel, finance, iron and steel, and insurance.

Today Bajaj Auto exclusively manufactures Duke range of KTM bikes and exports them across the globe. During the financial year 2018, KTM was the fastest-growing motorcycle brand in India. Some popular Bajaj motorcycles include Dominar, Pulsar, Avenger, Platina, and CT. Bajaj Auto exports to over 70 countries and enjoys a significant amount of revenue. This has helped the company create a new brand image of The World’s Favorite Indian.

In addition, the company has won numerous awards and recognitions including car and bike awards in Two-Wheeler Category Manufacturer of the Year (2019) – Bajaj Auto and winners in the Auto Two Wheelers category by the International Advertising Association as part of the IndIAA Awards (2019) – Advertising campaign ‘Bajaj Auto - The World's Favourite Indian’.

Bike Insurance Renewal Process for Bajaj Bikes

Insurance is not a one-time investment, hence, to keep enjoying the coverage of a bike insurance plan to secure your Bajaj bike, you must renew your insurance cover timely before the due date of expiry without fail. To avoid any last-minute haste, it is recommended to remember the date of expiry of your policy and renew your insurance cover before it lapses. Here are the steps following which you can renew your bike insurance policy online:

Step 1: Visit the official website of the InsuranceDekho. Click on the ‘Bike’ section.

Step 2: Fill up the Registration Number of your Bajaj bike and choose the variant and fuel type of your Bajaj bike to continue. In case you do not know the registration number of your Bajaj bike then you must choose ‘Don't know your bike number?’ option and select your bike’s brand, model, variant, fuel type, registration city, registration year, etc., to continue ahead.

Step 3: Fill up the date of expiry of your last bike insurance plan and the name of your insurance company. In addition to this, you will also have to share that if you have raised any claim under your bike insurance during the previous policy year and click on the ‘Continue’ tab to continue.

Step 4: Fill up your personal details which include your name, mobile number and the term for which you wish to buy a bike insurance policy and click on the ‘Submit and Get Quotes’ tab.

Step 5: Different bike insurance policy premium quotes provided by different bike insurance providers will appear on your screen. You will have to choose a bike insurance policy quote after making a comparison on the basis of your needs and budget. You can also add some add-on covers of your choice at this step to expand the coverage of your bike insurance policy.

Step 6: Check all the details entered by you and then click on the ‘Buy Now’ button to initiate the payment process to renew your bike insurance plan for Bajaj bike. You can make the renewal payment using a debit card, credit card, digital wallets, net banking options, etc. After the payment for the renewal of bike insurance, the policy document will be sent to your registered Email ID.

Claim Cashless Bike Insurance For Bajaj Bikes

The cashless bike insurance claim process is an option that helps you get your Bajaj bike to be repaired at an authorised workshop or network garage of your insurance company without making any payment as under this method the insurance company is liable to pay for the bike repair bill on your behalf after examining the repair invoice and relevant documents. To avail this cashless bike insurance claim, you should intimate your insurance company immediately about the mishap or an accident to initiate the process

The cashless bike insurance process secures you from making any payment for repair work of your bike after getting involved in a mishap or an accident. In addition to this, the cashless bike insurance claim process needs lesser documents to be submitted and fewer formalities to go through when compared to the reimbursement claim process. Cashless bike insurance is a faster method as a surveyor is sent by your insurer immediately to the garage or the accident site after a mishap, which speeds up the claim process as the insurance company pays off the claim only after the surveyor sends them his analysis report. With a cashless insurance option, you can get your bike repaired at the quality services centres free of cost as insurers give authorization to the best workshops only.

Bajaj Cashless Bike Insurance Claim Process

You can make a cashless claim for your Bajaj bike insurance easily and swiftly by following the below given easy steps:

Step 1: If you wish to register a claim for your Bajaj Bike insurance policy, immediately contact your respective insurance provider about the accident and reveal all the important information like time, location etc of the mishap or accident. You can do this either by contacting their customer care executive or go to their official website to intimate them and register a claim.

Step 2: Once the claim registration is done, a surveyor will be sent by the insurance company to evaluate the damages incurred by the Bajaj bike in the mishap. Afterwards, the surveyor will send a detailed report to the insurance company and after seeing the report they would approve the cashless claim.

Step 3: Tow your Bajaj bike to a nearby garage that is authorized by your respective insurance provider or you can also ask the insurance company to arrange for a towing service for you.

Step 4: Once the repair is done, all the repair cost will be borne by the insurance company other than the cost of deductibles. Afterwards, you can take your Bajaj bike with you.

Bajaj Reimbursement Bike Insurance Claim Process

When a policyholder fails to take their bike for repair to an authorized garage by the insurance company and decides to get it repaired at some other workshop, in that scenario, a reimbursement claim is made by the insured. You can make a reimbursement claim as follows:

Step 1: You should immediately contact and inform your insurance company about the accident like time, location etc and file for a claim. For this purpose either you can directly call them at their customer care helpline or visit their official website and register a claim.

Step 2: A surveyor sent by the insurance company would check the damage caused to your Bajaj bike and then he would send the report back to the insurer. After analysing the report, the insurance company would approve the claim.

Step 3: Now, you are free to take your insured bike to any of your desired workshops for repair. Make all the necessary payments and submit all the relevant documents to the insurance company including receipt, bill policy document etc, to make a request for the reimbursement claim. After the insurance company takes into consideration all the depreciation and deductible amount, the claim amount is then finally disbursed by the insurance company.

How to Renew an Expired Policy for Your Bajaj Two-Wheeler?

Insurance providers give their customers a grace period of 90 days after the expiry date to renew their insurance before it lapses. If the customer fails to renew the policy before the end of the grace period they must purchase a fresh policy for their two-wheeler. This should be done at the earliest, since driving without third party insurance is illegal. If caught the owner of the two-wheeler will be expected to pay a fine of Rs. 2,000 and/or be imprisoned for 3 months. Moreover, keep in mind the two-wheeler also must go through the inspection formalities once again. To purchase a new insurance policy after your two-wheeler insurance has lapsed follow these steps:

Step 1: Visit InsuranceDekho and select the two-wheeler insurance tab.

Step 2: Enter your two-wheeler’s Registration number. If you do not have this, You can also enter the two-wheelers make, model and year of registration.

Step 3: Enter your personal details and any other required information. Select the ‘Submit and Get Quotes’ button. Policies available in your category will be visible on the screen.

Step 4: After you have selected an insurance policy and add-ons of your choice make the payment for it. Once the payment is completed the insurance document will be sent to your registered email ID.