How Can First Time Buyers Get the Bajaj Allianz Two Wheeler Insurance?

Are You a First-Time Two Wheeler Owner?

Have you bought a two wheeler, or do you intend to buy one soon? Another responsibility that comes with buying your two wheeler is buying vehicle insurance. With the growing reach of digitization and internet access on your phone, getting your policy has become easy like it was never before.

What is Two Wheeler Insurance?

A two wheeler insurance policy protects your vehicle from damage caused by various causes, as listed in your policy coverage. A two wheeler insurance policy like the Bajaj Allianz Two Wheeler Insurance protects you against damages to your two wheeler and legal liability to third parties. The range of coverage and the amount of financial protection is pre-decided while taking such a policy.

Types of Bike Insurance

We have two types of two wheeler insurance policies prevalent in India: Third-party and Comprehensive bike insurance.

What is the Need for a Bajaj Allianz Two Wheeler Insurance?

The law under the Motor Vehicle Act of 1988 mandates it.

India is a country that suits two wheeler movements.

Two wheelers are more prone to accidents, given the structure.

India has a relatively higher theft ratio of two wheelers, as stated in Crimes Statistics of India Report 2019.

About Bajaj Allianz

Bajaj Allianz was formed in 2001 when Bajaj Finserv and Allianz SE came together to form a partnership to serve Indian customers with their insurance needs. Two decades down the line, the company still strives to serve the customers as best it can.

Bajaj Allianz Two Wheeler Insurance Features

Natural calamity cover:

The prime function of a financial protection plan is to cover you from any losses arising from varied circumstances. It protects you from natural calamities as well, like floods, earthquakes, etc.

Third-party cover:

The prime function of the third-party cover is to protect you from financial and legal damages arising out of accidents. This Insurance provides the required two wheeler coverage.

Financial cover:

In case of an accident, the damage affects you financially, and there is also significant mental stress. It helps you with financial losses (as per your opted cover) and leaves you free to deal with the rest of the stuff.

Cover from man-made disasters:

Unlike Natural disasters, man-made disasters are caused by the actions of human beings like theft, riot, fire, etc. Bajaj two wheeler insurance provides cover against these kinds of damages.

Documents Required for Bajaj Allianz Two Wheeler Insurance

To get your two wheeler insured with Bajaj Allianz, the documents required are –

Identity Proof

Address Proof

Two Wheeler Registration details

How Can a First-Time Buyer Get Bajaj Allianz Two Wheeler Insurance Policy?

When safe travel with social distancing and restricted movement is the way of life, whether compulsorily induced or chosen so by the people, Bajaj Allianz two wheeler insurance comes to the rescue of new two wheeler owners, where the ease of getting the vehicle insured is commendable.

Step 1 — Identify your requirements

As a first-time buyer, it is imperative for you to identify your exact requirements, whether you want basic third-party insurance, a comprehensive policy, or want a policy with different add-ons incorporated. With Bajaj Allianz, you can try all the different permutations and combinations and the effect of the premium on the same to arrive at the desired fit.

Step 2 — Arrange the documents

With the Bajaj Allianz two wheeler insurance, the documentation requirements are so simple that gathering the details will not be problematic. Documentation requirements are ID proof, Address Proof, and bike registration details.

Step 3 — Browse to Bajaj Allianz Premium calculator

When you’re ready to proceed with your policy decision, including an estimate of your needs and affordability, you can go to the Bajaj Allianz Two Wheeler Premium Calculator and fill in the information.

Step 4 — Enter details to get a quick quote

Enter your name and mobile number.

Choose “I have a new bike.”

Enter “Vehicle Type.”

Enter “Registration City” and “Registration Date.”

Enter “Pin code.”

Click “Get the Quote.”

You can also enhance your cover through add-ons:

To support the Go Green initiative, choose a valid online document.

Proceed to pay the premium amount with GST.

Enter Engine Number and Chassis Number.

Enter Nominee Name and Relation.

Select if you have a loan on your Bike.

Enter Address, Email ID, and GST identification number (if any).

Make the final payment. Through various available online options or an offline medium as per your choice.

Voilà – you have a valid insurance policy with you!

The Takeaway

Bajaj Allianz is a customer-centric company with two decades of experience and a vast customer base. When you are a first-time buyer, it is advisable to trust an experienced partner and brand trusted and recommended by your peers.

Bajaj Allianz Two Wheeler Insurance has clear policy wordings, making it easier for you to understand, especially when you are a first-time buyer. The ease of getting the vehicle insured while it comes with easier renewal every year and industry-standard no-claim bonus.