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​Bajaj Allianz Third Party Bike Insurance

Bajaj Allianz General Insurance is one of the leading insurance companies that has provided third party bike insurance to thousands of people over the years. It shields its policyholder from all the financial and legal liabilities of the third party arising due to damage caused by the insured’s bike.

Bajaj Allianz General Insurance provides a basic package under third party bike insurance plan. It is a cost-effective way to deal with unforeseen events in life without any worries. This insurance provides coverage for the damage of property or vehicle, bodily injuries, disability or loss of life of the third party. It provides you with freedom from stress caused due to the unpredictable events of life.

Bajaj Allianz Third Party Bike Insurance vs Comprehensive Bike Insurance

Basis

Third Party Bike Insurance

Comprehensive Bike Insurance

Coverage

Third party insurance policy provides the owner of the two-wheeler protection against the third party liabilities which include damage to the property of the third party, bodily injuries, demise etc. that may arise during an unpredicted event or mishap. This type of two-wheeler insurance policy is compulsory for the two-wheeler owner to have according to the Motor Vehicles Act, 1988.

A comprehensive two-wheeler insurance policy is a holistic coverage policy. It provides an all-rounded coverage that provides compensation and coverage to the policyholder against the damages of the two-wheeler and third party liabilities that may happen during an unforeseen event or mishap.



Nature of Requirement

It is a statutory compulsion under the Indian Motor Tariff.

It is optional for bikes and the choice of purchasing it depends on the owner.

Add-ons Availability

Since this is a basic coverage policy hence no add-on cover can be availed along the third party two-wheeler insurance policy.

Under a comprehensive two-wheeler insurance policy one can avail add-on covers along the policy. Some most common add-on covers are Zero Depreciation Cover, Engine Protection, Roadside Assistance, Personal Accident Cover etc.

Cost

As limited coverage is provided, third party two-wheeler insurance policies are quite affordable.

Comprehensive Insurance is expensive as compared to third party insurance because extensive coverage is provided under this type of insurance policy.

What All Is Covered Under Bajaj Allianz Third Party Bike Insurance Plan?

Bajaj Allianz Third Party bike insurance provides coverage for the following:

  • Death or bodily injuries to a third party that happen due to an accident involving the policyholder's two-wheeler.
  • Property damage to the third party.
  • All expenses incurred in accordance with the insurance company’s written consent.
  • Any other person driving the two-wheeler but only with the consent of the policyholder.
  • Personal accident cover for the policyholder or the driver directly connected to the insured two-wheeler. The following shall be covered under such circumstances:
    • Accidental Death of the policyholder/driver
    • Loss of limbs or sight of the policyholder/driver
    • Total or permanent disability caused due to an injury

What All Is Not Covered Under Bajaj Allianz Third Party Bike Insurance Plan?

A third party bike insurance policy is necessary to be carried by every bike owner. Being a basic insurance cover, it provides limited insurance coverage. Below are some crucial points which are not covered under the third party bike insurance policy:

  1. Cost of damages to the policyholder’s two-wheeler.
  2. An injury to policyholder/driver regardless of the injury during an accident that does not involve a third party.
  3. Damages to the two-wheeler may arise due to regular wear and tear or natural calamities.

Key Benefits of Purchasing Bajaj Allianz Third Party Bike Insurance

Although a third party bike insurance policy is mandatory to be owned by every two-wheeler owner, it may offer limited coverage but can be very beneficial in times of crisis. Below mentioned are some benefits of purchasing a Bajaj Allianz Third Party Bike Insurance policy:

  1. Legal and Financial Assistance: Third party two-wheeler provides a compensation for the policyholder's legal liabilities in the event of death/disability to any third party and any damages to property of the third party and this type of policy also provides monetary assistance in difficult times. In such scenarios legal and financial burden on the policyholder is eased with the help of a third party insurance policy.
  2. Peace of Mind: This type of two-wheeler insurance policy gives the policyholder a sense of peace of mind. Having this policy will give the policyholder a peace of mind that in case of a mishap he/she has legal and financial assistance and the traffic policy would not penalise him for not having a third party insurance policy as a third party insurance policy is mandatory for every two-wheeler owner.
  3. Affordable: Two-wheeler third party insurance policies are affordable as they provide limited coverage. The insurance policy is quite affordable and can provide legal and financial assistance in times of dire requirements.

Must Read Articles before buying Bajaj Allianz Bike Insurance

Bajaj Allianz Bike Insurance User Reviews

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What users are saying
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  • Efficient Service

    I had a minor accident last month and needed to get my bike’s fender replaced. With my Bajaj Allianz bike insurance, purchased through InsuranceDekho, the claim process was smooth and quick. I’m glad that they gave an efficient service and support.

    A
    By Anjali Mehta
    On: June 20, 2024
  • Best Decision Ever

    Choosing InsuranceDekho for my Scooter was the best decision I made. I recently bought Bajaj Bike Insurance and while purchasing it, the team’s dedication to customer service was amazing. It was fast, transparent and professional. I feel secure knowing my scooter is in good hands.

    S
    By Shalini Goyal
    On: June 6, 2024
  • Seamless Purchase

    I recently purchased Bajaj Allianz's bike insurance via InsuranceDekho. It was a very seamless purchase with the help of their support. Thankyou Insurancedekho.

    L
    By Lohit Bala
    On: March 4, 2024
  • Effortless Transition to Renew...

    Transitioning to the renewal of my current Bajaj Allianz Bike Insurance Policy was incredibly smooth. InsuranceDekho ensured that the process was seamless and that my KTM bike’s coverage continued without any disruptions.

    K
    By Kush Rajput
    On: November 21, 2023
  • Budget-Friendly Premium Option...

    I found that InsuranceDekho's premium calculator offers budget-friendly premium options without compromising on coverage. I got a good coverage with the Bajaj Allianz Bike Insurance Policy for my Triumph bike. It's a win-win situation.

    By Ritesh Majumdar
    On: October 17, 2023
  • Smart Investment in Car Safety...

    Investing in InsuranceDekho's own damage coverage for my Triumph bike is a smart move for bike safety. The Bajaj Allianz Bike Insurance Policy pays off in peace of mind.

    R
    By Ranjit Kumar
    On: September 29, 2023
  • Highly Recommended for All Car...

    I highly recommend InsuranceDekho's comprehensive coverage for all bike owners. The Bajaj Allianz Bike Insurance Policy along with the comprehensive coverage for my Aprilia bike is a reliable and comprehensive insurance solution.

    By Addi Shashwat
    On: September 20, 2023
  • Effortless Policy Renewals

    Renewing the third-party Bike insurance of my Bajaj Allianz Bike Insurance Policy for my TVS bike with InsuranceDekho was effortless. They make it quick and convenient.

    R
    By Rajendra Kumar
    On: September 15, 2023
  • Customizable and Flexible Quot...

    InsuranceDekho's premium calculator offers customizable and flexible quotes. It lets me tailor my insurance of the Bajaj Allianz Bike Insurance Policy to my specific needs for my Triumph bike.

    By Suresh Trehan
    On: September 13, 2023
  • Fair and Quick Resolution

    InsuranceDekho resolved the claim for my Bajaj Allianz Bike Insurance Policy for my Honda bike fairly and quickly. Their dedication to customer satisfaction shines through in their claims processing.

    A
    By Akshar Mahapatra
    On: September 11, 2023
  • Empowering Choice

    InsuranceDekho's Premium Calculator empowers me with choice. I can tweak the coverage options of my Bajaj Allianz Bike Insurance Policy that I took for my Honda car and instantly see how they affect premiums, giving me control over my insurance decisions.

    By Sameer Kohli
    On: September 5, 2023
  • Value for Money

    Opting for Comprehensive Coverage with InsuranceDekho is true value for money. The coverage I receive along with the Bajaj Allianz Bike Insurance Policy for my Yamaha bike in return for my premium payments is unmatched and worth every penny.

    T
    By Tanish Sakuja
    On: September 1, 2023
  • Legal Compliance Made Easy

    InsuranceDekho's Third-Party Car Policy takes the hassle out of legal compliance. It covers third-party liabilities and the Bajaj Allianz Bike Insurance Policy ensures that I meet legal requirements while keeping things uncomplicated for my Honda bike

    By Mahesh Samani
    On: August 29, 2023
  • No Compromise on Repairs with ...

    I was initially skeptical about cashless repairs, fearing quality compromise. However, InsuranceDekho's garages proved me wrong with their excellent work for my Honda bike as it was insured under the Bajaj Allianz Bike Insurance Policy.

    M
    By Mannu Sharma
    On: August 25, 2023
  • Accurate Evaluation of the Dam...

    InsuranceDekho accurately evaluated the damage during my claim for my Bajaj Allianz Bike Insurance Policy. Their attention to detail was impressive and ensured a fair settlement against my Triumph bike.

    By Sumit Biswas
    On: August 23, 2023
  • Prompt Reminders for Third-Par...

    InsuranceDekho sends timely reminders for third-party insurance renewals for my Bajaj Allianz Bike Insurance Policy that I took to safeguard my Triumph bike. It helps me stay on top of my policy and ensures continuous coverage.

    a
    By abhinav Khanna
    On: August 16, 2023
  • Flexible Add-On Options for En...

    I appreciate the flexible add-on options offered by InsuranceDekho's comprehensive coverage. The Bajaj Allianz Bike Insurance Policy allows me to enhance my protection based on my needs for my Aprilia bike.

    G
    By Gaurav Bindra
    On: August 11, 2023
  • Transparent Claims Settlement

    I appreciated the transparency of InsuranceDekho's claims settlement process. I had to file a claim for the Bajaj Allianz Bike Insurance Policy for my Honda bike. They clearly explained the details and provided prompt updates.

    R
    By Raman Nayyar
    On: August 9, 2023
  • User-Friendly Interface

    InsuranceDekho's premium calculator has a user-friendly interface that even a technophobe like me could navigate effortlessly. I was able to find the Bajaj Allianz Bike Insurance Policy, which is a suitable car insurance plan for my Royal Enfield without any confusion.

    H
    By Harshal Jagtap
    On: August 7, 2023
  • Stress-Free Claims

    Making a claim at InsuranceDekho's cashless garages was stress-free. Their team handled all the paperwork for my Bajaj Allianz Bike Insurance Policy, and I didn't have to worry about a thing for my Avan bike.

    By Naman Batra
    On: July 31, 2023
  • Smooth Claims Settlement

    During a recent accident, InsuranceDekho's comprehensive policy that I added to my Bajaj Allianz Bike Insurance Policy made the claims settlement process smooth and efficient. I had my Hero bike repaired with no hassles.

    H
    By Harman Singh
    On: July 24, 2023
  • Timely Updates on Claim Progre...

    InsuranceDekho kept me informed about the progress of my Bajaj Allianz Bike Insurance Policy’s claim for my Yamaha bike at every stage. Their regular updates helped me stay updated and reduced any anxiety related to the claim. I appreciate their proactive approach to customer communication.

    A
    By Ashish Gupta
    On: July 20, 2023
  • Real-Time Premium Calculation

    I bought the Bajaj Allianz Bike Insurance Policy for my BMW bike. I must say that InsuranceDekho's premium calculator provides real-time premium calculation. As I make changes to the coverage options or vehicle details, the premium updates instantly. This feature helps me experiment with different parameters and make informed decisions.

    P
    By Paras Katyal
    On: July 18, 2023
  • Comprehensive Protection

    InsuranceDekho's third-party policy offered comprehensive legal protection. The Bajaj Allianz Bike Insurance Policy covered my legal liabilities and provided the necessary financial support in case of legal proceedings. So glad that I could secure my TVS bike with such a wonderful policy.

    I
    By Ishant Khanna
    On: July 17, 2023
  • Hassle-Free Claims Experience

    I had a minor accident, and I'm glad I had InsuranceDekho's Zero Dep policy. The Bajaj Allianz Bike Insurance Policy claims process for my Triumph bike was hassle-free, and I received full coverage for the repairs without any deduction for depreciation. Their efficient team made the entire experience smooth and convenient.

    N
    By Neeraj Saxena
    On: July 13, 2023
  • Timely Repair Completion

    The cashless garages recommended by InsuranceDekho while buying the Bajaj Allianz Bike Insurance Policy ensured timely repair completion. They understood the importance of getting my Aprilia car back on the road quickly and efficiently. I appreciated their commitment to minimizing inconvenience.

    By Ranjit Kohli
    On: July 11, 2023
  • Excellent Customer Support

    I was so happy to get excellent customer support during my Bajaj Allianz Bike Insurance Policy renewal for my Triumph bike from InsuranceDekho. Their team was responsive and helped me with any queries or concerns I had. Their support made the renewal process smooth.

    V
    By Vansh Iyer
    On: July 7, 2023
  • Swift Claim Settlement for Own...

    I was ensured by InsuranceDekho with a swift claim settlement for my own vehicle damage. They quickly assessed the damages, processed the claim under the Bajaj Allianz Bike Insurance Policy for my Avan bike, and provided the necessary funds for repairs. Their efficiency was impressive.

    A
    By Ashok Nagal
    On: July 6, 2023
  • Peace of Mind for Car Theft

    The comprehensive coverage of my Bajaj Allianz Bike Insurance Policy for my Triumph bike has given me peace of mind in this regard. Knowing that I am protected against the financial loss of a stolen vehicle is invaluable. InsuranceDekho has been diligent in handling theft claims and has promptly provided the necessary support throughout the process. I highly recommend comprehensive coverage for the added security it offers.

    U
    By Ujjval Jindal
    On: July 4, 2023
  • Timely Reimbursement for Repai...

    InsuranceDekho acted swiftly in reimbursing me for the repairs to my Avan bike under the Bajaj Allianz Bike Insurance Policy. They processed the claim quickly and ensured that I received the necessary funds for the repairs within a reasonable timeframe. Their prompt reimbursement has enabled me to get my car back on the road without any financial burden. I am satisfied with their efficiency in handling the claim.

    R
    By Raja Laghari
    On: June 30, 2023

4 Bajaj Allianz Cashless Garages in India

Bajaj Allianz Third Party Bike Insurance FAQs

  • Do I get coverage for stolen bikes under Bajaj Allianz third party bike insurance?

    No, Bajaj Allianz third party bike insurance provides cover only for third party liabilities. It does not cover the theft of the insured’s bike.

  • Does the third party bike insurance cover for the accident beyond the city limit?

    Every insurance policy has a pre-determined geographical extent for insurance coverage. The insurer will provide coverage for the accident of the insured bike beyond the city limit if the location of the accident falls within the assigned geographical extent.

  • What would be the tenure for a long term Bajaj Allianz Third Party bike Insurance?

    The tenure for a long term Bajaj Allianz Third Party bike Insurance is of 3 years.

  • What are the benefits of purchasing third party bike insurance under Bajaj Allianz General Insurance?

    The benefits of purchasing third party bike insurance under Bajaj Allianz are as follow:

    • Easy and hassle-free procedure for purchasing and renewing the insurance online without any paperwork.
    • Active helpdesk service available round the clock.
    • Quick claim settlement and tracking of claim status through SMS facility.
  • In the case of the insured’s bike damage due to natural calamity, will the third party bike insurance provide any compensation?

    No, the third party bike insurance does not provide any coverage for damages of insured’s bike caused due to natural calamity.

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