Bajaj Allianz Two Wheeler Insurance Premium Calculator

Bajaj Allianz Bike Insurance

132 reviews Rate This
  • Round the clock road-side assistance
    Check in your City
  • 4000+ Cashless garages at your service
  • 95% claim settlement ratio
  • Exclusive DriveSmart service available

Bajaj Allianz Two Wheeler Insurance Premium Calculator

What is a Bike Insurance Premium Calculator?

A premium calculator for bike insurance is a digital tool that helps you get the right premium cost for Bajaj Allianz bike insurance plans. It shows you the correct amount of premium by entering some particulars of your bike which include make, model, variant, registration year and RTO location, etc. After filling up these details, the insurance calculator comes up with the right premium amount for your bike insurance policy.

How to Use a Two Wheeler Insurance Premium Calculator?

Step 1: Select the Make, Model, Variant and Fuel Type of your bike.

Step 2: Select the City of Registration and Year of Purchase of your bike.

Step 3: Share with us as if you have made any claim in the previous policy term.

Step 4: Click on the ‘Calculate’ button and get the right IDV and premium for your bike insurance policy.

Benefits of Two Wheeler Insurance Premium Calculator

  1. Right Insured Declared Value (IDV) – The bike insurance premium calculator helps you get the right IDV in accordance with the make, model and age of your bike. By knowing the right IDV, you can request the claim for the correct claim amount of your bike in case of theft or total loss.
  2. Correct Premium Amount – To get the right premium amount of bike insurance policy is the key purpose of this calculator. By getting the correct amount of premium of different bike insurance plans, you can compare and choose the most suited policy for your bike.
  3. Assist in Decision Making – The premium calculator makes you informed about the current insurance premium rates in the market. With the right knowledge of the premium costs, you can make wise decisions in relation to your bike insurance plan.
  4. Helps to Choose Economical Plans – You can easily find the right premium cost of different insurance providers with this premium calculator. After getting various policy quotes, you can compare and select the most cost-efficient bike insurance policy.

Third Party Two Wheeler Insurance Premium Rates

Engine Capacity

Premium To Buy A New Policy (5-Year Plan)

Premium To Renew Existing Policy (1-Year Plan)

Not exceeding 75 cc

Rs. 1,045

Rs. 482

Exceeding 75 cc but not exceeding 150 cc

Rs. 3,285

Rs. 752

Exceeding 150 cc but not exceeding 350 cc

Rs. 5,453

Rs. 1,193

Exceeding 350 cc

Rs. 13,034

Rs. 2,323

(Source: Insurance Regulatory and Development Authority of India (IRDAI))

Premium for Comprehensive and Standalone Own-Damage Bike Insurance Plans

The premium amount for standalone own-damage and comprehensive bike insurance plans is based on various factors which includes make, model, and the variant of your bike, age of your bike, fuel type and engine capacity of your bike, and so on. You can get the right premium amount for your bike insurance plan by just entering some basic details in the premium calculator. However, here are some factors that can impact your policy premium amount:

Factors Affecting Two Wheeler Insurance Premium

  1. Owner’s Age - The insurance providers assume on the basis of track records that with age people start driving more responsibly, which increases the risk on the insurance company. Hence, younger riders are charged a higher premium in comparison to older riders.
  2. Insured Declared Value (IDV) - The Insured Declared Value denotes the current value of the bike, which the insurer has to compensate in case of theft or total loss. It means that the bikes with higher IDV will be charged with higher premium.
  3. Engine’s Cubic Capacity - The insurance companies charge a higher premium from the owners of the bike with a higher cubic capacity than from those with a bike with lower cubic capacity as the high cubic capacity bikes makes more consumption of consumables to produce more force.
  4. No Claim Bonus (NCB) - The No Claim Bonus (NCB) is the discount, which is earned by a policyholder by not making any claim in the previous policy year. With the NCB, the policyholders can get a discount of 20% to 50% on their premium amounts.
  5. Anti-Theft Devices - The anti-theft devices provide more protection to the bike and reduces the chances of theft. It also reduces the risk likely to be suffered by the insurance companies, therefore, bikes with anti-theft devices are charged a lower premium.

What is your bike's brand?

When did you buy your bike?
Have you made a claim in the previous year?

Latest Bike Insurance News

Bajaj Allianz Bike Insurance User Reviews

132 reviews Write a Review
  • Helped me in claim settlement

    With the InsuranceDekho platform, I was able to easily get my complete claim for the Bajaj Allianz insurance plan in just a few days, which I requeste...

    Read More
    Manasvi Kapoor
    On: August 6, 2020 | Views
  • Excellent claim settlement

    I have experienced the fastest claim settlement procedure with Bajaj Allianz insurance plan for my TVS Apache RTR 180 bike. I bought this bike insuran...

    Read More
    Akshay Sharma
    On: August 5, 2020 | Views
  • Numerous cashless garages

    I bought the Bajaj Allianz insurance plan on the suggestion of the InsuranceDekho team. The insurance provider holds so many repair garages in its net...

    Read More
    Nihit Verma
    On: August 4, 2020 | Views
  • Excellent website

    The InsuranceDekho website is very user-friendly and beneficial for all the insurance seeking customers. With its content, I could make the decision t...

    Read More
    Shikhar Thakuria
    On: July 30, 2020 | Views
  • Easy to compare and choose

    With InsuranceDekho, I could compare and select the best-suited quotes as per my requirements and budget. It helped me compare different plans to choo...

    Read More
    Rahul Joshi
    On: July 29, 2020 | Views
  • Quick policy issuance

    When it comes to policy issuance, InsuranceDekho portal leaves no stone unturned to make you get the plan at the earliest. I got the Bajaj Allianz bik...

    Read More
    Neeraj Rathore
    On: July 28, 2020 | Views
  • Easy renewal at InsuranceDekho

    Not only was it easy to buy bike insurance policy at InsuranceDekho, but also to renew my Bajaj Allianz policy from them. I bought the policy for my H...

    Read More
    Debapriya Banerjee
    On: July 27, 2020 | Views
  • Secured payment gateway

    I was provided with secured payment methods at InsuranceDekho platform while purchasing a Bajaj Allianz bike insurance policy for my TVS Apache RR 310...

    Read More
    Sanchit Talvar
    On: July 22, 2020 | Views
  • Easy process of claim settlement

    I got a complete amount of claim from Bajaj Allianz insurance policy that I purchased to secure my Honda Activa 125. To get the claim without any hass...

    Read More
    Shailesh Bhandari
    On: July 21, 2020 | Views
  • Complete digital operations

    The InsuranceDekho portal operates with advanced and digital modes to complete the insurance processes. I purchased a Bajaj Allianz policy for my Hero...

    Read More
    Deepak Mishra
    On: July 20, 2020 | Views