The Bajaj Group is a well-reputed business house in India, with its presence extending across industries. Founded in 1926, Bajaj Auto is now the world’s fourth-largest two- and three-wheeler manufacturer, exporting to over 70 countries worldwide, with a revenue of INR 120 billion.
While its three-wheeler auto rickshaws enjoy unparalleled market dominance, Bajaj Auto disrupted the two-wheeler market in India with its Pulsar range of bikes. It also exclusively manufactures the Duke range of KTM bikes, which has paved the way for motorcycle racing in the country.
While your Bajaj motorcycle is primed and ready to roll, you would still need insurance before you ride out. Yes, it is a legal requirement, but it’s also a wise financial decision to obtain bike insurance as it’ll protect you against losses arising out of potentially unfortunate incidents. Pick a basic third-party liability insurance or a multi-year comprehensive package insurance and give yourself a financial safety net that’ll make riding your Bajaj motorcycle all the more pleasurable.
This is the most recommended option as it includes third-party liability, a personal accident cover, and crucially standalone own damage bike insurance cover. It provides all-round financial protection to you, your bike, and to your liabilities in case you are at fault in an accident. You can also further enhance your coverage with select add-ons.
Accident, theft, fire etc.
Personal accident cover
Natural calamities
Third-party liability
Choice of add-ons
This is the type of insurance that is mandatory under the Motor Vehicles Act, 1988. It covers you financially against any losses arising out of injury, death, or disablement to a third-party person, or damage to their property. It also covers against any legal liabilities you may face as a result of the accident.
Personal accident cover
Third-party property damage
Injury to a third-party person
This policy is ideal for those who already possess a third-party liability insurance policy and want to increase the scope of coverage. It covers you against losses arising out of damage to your own vehicle as a result of an accident. Furthermore, you unlock the choice of add-ons to enhance your coverage.
Accident, theft, fire etc
Natural calamities
Choice of add-ons
A plan that’s designed to add convenience and all-round protection to your bike ownership experience, the multi year bike insurance policy includes a five-year third-party liability component and an annually renewable own damage insurance component. Even if you forget to renew your own damage component on time, you will still be financially covered.
Accident, theft, fire etc
Natural calamities
Personal accident
Third-party liability
Choice of add-ons
Your Bajaj Auto bike insurance policy offers coverage depending on your policy type. While a third party bike insurance only provides coverage against damage to a third-party person or property, a comprehensive bike insurance policy covers the following:
Financial losses arising due to damage to your own bike as a result of an accident is covered.
Damage to your bike as a result of fires or explosions is covered.
If your bike gets stolen, you will get compensated with the IDV of the bike.
Natural and manmade calamities such as earthquakes, storms, floods, riots, and vandalism are covered.
Your treatment-related charges are all taken care of up to Rs. 15 lakhs.
Injury, disablement or death to a third-party person, and damage to their property are also covered.
Your Bajaj two wheeler insurance renewal will take only a few minutes. It can be completed with just a few clicks from the comfort of your own home. Follow the four-step process mentioned below and get yourself covered instantly!
Bajaj bike insurance is a crucial part of riding your motorcycle. If you get into an accident, or your bike gets stolen, the insurance policy will help cut your financial losses. Furthermore, any damage to your bike as a result of a natural or manmade disaster such as floods, storms, earthquakes, riots, or vandalism, are all covered under the Bajaj comprehensive bike insurance policy, ensuring you do not have to bear out-of-pocket expenses. Choose HDFC ERGO for your Bajaj bike insurance policy for the following reasons:
You need an insurer that has a substantial presence across the region you are in or country. And with over 2000 cashless garages across India, HDFC ERGO ensures that help is always at hand.
The 24x7 roadside assistance facility ensures you are never stranded helplessly in case of any breakdown.
HDFC ERGO has over 1.5 crore happy customers, which means you can rest assured that your needs will be taken care of.
Your routine can get disrupted when your car is in service. However, with our overnight service for minor accidental repairs, simply catch up on your night’s sleep and have the car delivered to your doorstep in time for your morning commute.
The ideal insurer should process claims quickly and smoothly. And HDFC ERGO does exactly that, as we process nearly 50% of claims on the first day, ensuring your worries are minimised.
Bajaj to Launch RS200 Soon in India
Bajaj is expected to launch RS200 in the coming months in India. Bajaj Pulsar RS200 is expected to receive many feature updates and new colour schemes. The motorcycle might also get a fully digital instrument console with Bluetooth connectivity and turn-by-turn navigation. The RS200 will also likely feature LED headlamps and new paint schemes. The new Pulsar RS200 could get a marginal price hike and will compete with Hero Karizma XMR and the Suzuki Gixxer SF250.
Published on: Apr 18, 2024
Bajaj’s CNG Bike Might Reduce Monthly Fuel Expense to Half
Bajaj Auto with the launch of the world’s first compressed natural gas will disrupt the entry level domestic motorcycle market. Moreover, the Bajaj claims that its CNG bike wills half the monthly fuel expense. The bi-fuel motorcycles priced at a premium will challenge Hero MotoCorp’s dominance. Bajaj aims to capitalize on the mileage-conscious entry-level segment. It currently holds 8% market share in entry level segment. The move aligns with government carbon reduction goals. Bajaj will first launch bi-fuel bike in Maharashtra & Gujarat and later expand its CNG portfolio in other parts of India.
Published on: Apr 08, 2024