Bajaj Allianz Own Damage Bike Insurance

Bajaj Allianz offers three types of insurance for two-wheelers. The Bajaj Allianz standalone-own damage two-wheeler insurance provides coverage for own-damage costs in case of a mishap for a number of scenarios including road accidents, theft, cases of vandalism, fires, explosions and any form of calamity. It is advisable to purchase standalone own-damage insurance for your two-wheeler along with third party insurance as it offers a wider coverage and the compensation will provide the insurance holder with financial stability in case of a mishap.

Standalone Own-Damage Insurance V/S Third Party Insurance V/S Comprehensive Insurance

What is Covered Under a Bajaj Allianz Standalone Own-Damage Two-Wheeler Insurance Policy?

Following are features that are covered under Bajaj Allianz’s standalone own-damage two-wheeler insurance policy:

• Road Accidents such as collisions on the road that affect the two-wheeler.
• Damages to the two-wheeler due to fire or explosions.
• Vandalism of the two-wheeler
• Theft of the two-wheeler or cases of total damage.
• Damage caused to the two-wheeler by a natural or man-made calamity, such as cyclones.

What is Not Covered Under a Bajaj Allianz Standalone Own-Damage Two-Wheeler Insurance Policy?

The following are the aspects that are not covered under a Bajaj Allianz standalone own-damage two-wheeler insurance policy:

• If the two-wheeler breaks down due to a mechanical or electrical failure.
• Any mishap occurs that damages the two-wheeler involving illegal driving.
• Depreciation of the two-wheeler.
• Unfortunate incidents that occur outside the predetermined geographical boundaries mentioned by the two-wheeler insurance.

Following are the benefits of purchasing a Bajaj Allianz standalone own-damage two-wheeler insurance policy:

• Adds a layer of protection for the two-wheeler by compensation for damages in case of a fire, road accident, case of vandalism etc.
• The insurance company offers the policyholder No Claim Bonus (NCB) for every claim-free year. Moreover, the reward is cumulative.
• A number of add-on covers are available and can be purchased to further strengthen your standard two-wheeler insurance policy.

How To Purchase Bajaj Allianz Standalone Own-Damage Two-Wheeler Insurance Policy?

Follow the below-mentioned steps to purchase a Bajaj Allianz standalone own-damage two-wheeler insurance policy:

Step 1: Visit InsuranceDekho and click the ‘two-wheeler insurance’ tab. A drop-down menu will appear, select ‘Standalone Own-Damage’ from the available options.

Step 2: Provide your two-wheeler’s registration number or its make, model and registration year if you do not have the information with you.

Step 3: Enter your personal details including your name and phone number. After the required information is entered select ‘Submit and Get Quotes’.

Step 4: On your screen, all the quotes for standalone own-damage covers will be visible. Select the policy offered by Bajaj Allianz and any add-ons you want to purchase with it.

Step 5: Pay for your selected Bajaj Allianz standalone own-damage two-wheeler insurance policy and the policy document will be sent to your registered email ID.