Bajaj Allianz bike insurance is now sold as Bajaj General Insurance. On 7 October 2025, Bajaj Finserv renamed Bajaj Allianz General Insurance as Bajaj General Insurance after acquiring Allianz SE's 26% stake, making the business fully Bajaj-owned. Existing Bajaj Allianz policies continue as before. The insurer, the policy terms and the claim process are the same, and only the name on new documents has changed.

This review covers Bajaj General's two-wheeler plans, premium range, add-ons, claim process and what its published claims figures actually mean, with the strengths and the limits set out side by side.

Bajaj Allianz Two-Wheeler Insurance Overview, Why Consider It

Three features stand out. The stated garage network is large. The OTS feature lets owners settle small claims through self-inspection on the app, without waiting for a surveyor. And the add-on list covers most needs, from zero depreciation to tyre protection.

What Changed With the Rebrand

For renewals, owners can simply search for Bajaj General. The policy number on an existing Bajaj Allianz policy still works for renewal and claims.

Plans Offered (TP, Comprehensive, Add-on Packages)

The ₹1 lakh limit on third-party property damage for two-wheelers is stated by both Bajaj General and New India Assurance, and applies across insurers.

New bikes sold since 1 September 2018 carry a five-year TP policy, usually with one year of OD. On 4 August 2026, the Supreme Court raised the mandatory TP term to six years for new two-wheelers and directed IRDAI to issue the implementing instructions.

Premium Range by Bike Type

TP premium is fixed by the Motor Vehicles (Third Party Insurance Base Premium and Liability) Rules, 2022 and is the same at Bajaj General as at every other insurer. OD premium is priced by Bajaj General itself, so the table uses the former India Motor Tariff rates as a benchmark, for a bike up to five years old in a Zone A city.

The OD benchmark applies the former tariff rates of 1.708% of IDV up to 150 cc, 1.793% for 150 cc to 350 cc, and 1.879% above 350 cc, to an IDV of 95% of the ex-showroom price for a new bike and 70% for a 3-year-old one. IDV, the Insured Declared Value, is the most the insurer pays on theft or total loss. Figures exclude GST, no-claim bonus, add-ons and personal accident cover, and Bajaj General's actual quote can be higher or lower. The five-year TP premium for a new bike is ₹2,901 up to 75 cc, ₹3,851 for 75 cc to 150 cc, ₹7,365 for 150 cc to 350 cc and ₹15,117 above 350 cc.

No-claim bonus (NCB), the discount on OD premium for claim-free years, reduces these figures by 20% after one claim-free year, rising to 50% after five. For example, a 3-year-old Pulsar NS200 with three claim-free policy years earns a 35% NCB, which brings its OD benchmark from ₹1,736 to about ₹1,128.

Claim Settlement Ratio, What It Means for You

The claim settlement ratio is the share of claims an insurer settles out of those it receives. Bajaj General's own blog lists a two-wheeler claim settlement ratio of 98.83% in its 2025 comparison table. That is the insurer's own reported figure, and other Bajaj group pages quote slightly different numbers for different periods, so treat it as a broad indicator rather than a precise measure.

A few points help put any ratio in context.

• It counts claims, not rupees. A high ratio can include claims settled for less than the amount asked.
• Speed matters as much as approval. How quickly a claim is surveyed and paid often matters more to a bike owner.

• The official source is the insurer's public disclosure. IRDAI's guidelines require general insurers to publish each year the number of claims paid and repudiated, with percentages, and their claim turnaround times. Bajaj General publishes these under the financial information section of its website.

   

Cashless Workshop Network

Bajaj General states that its two-wheeler cover gives access to 10,000+ network garages. A cashless claim means the insurer pays the garage directly, and the owner pays only the deductible and any costs the policy does not cover, such as depreciation on parts without zero depreciation cover.

Under Bajaj General's claim process, vehicles repaired at one of its preferred network workshops are eligible for cashless settlement, while repairs elsewhere are handled as reimbursement claims. Before buying, use the garage locator on Bajaj General's website to confirm that an authorised service centre for the bike's brand near home is in the network. A nationwide count matters less than having a good garage nearby.

How to Buy Bajaj Allianz Bike Insurance Online

1. Keep the details ready. Registration number, previous policy and NCB earned.
2. Choose the plan. Comprehensive for most bikes under five years old, standalone OD if long-term TP is still running, or TP-only for an older low-value bike.
3. Set the IDV and add-ons. Keep the IDV at a fair market value, and add only the covers that suit the bike's age and use.
4. Check the premium breakdown. TP is fixed by law, so compare the OD premium, add-ons and NCB applied.
5. Pay and download the policy. Check the name, registration number, IDV and add-ons on the schedule.

Before buying, it is sensible to set Bajaj General's quote against two-wheeler insurance plans from other insurers on Insure24, using the same IDV and add-ons so the comparison is fair.

Claim Process, Step-by-Step

Regular Cashless or Reimbursement Claim

1. Register the claim. Call 1800-209-5858, email [email protected], or use the Bajaj General app or website.
2. File an FIR where needed. It is required for theft, major damage or injury to others.
3. Take the bike to a network workshop for cashless repair, or to any garage for a reimbursement claim. Towing help is available through the roadside assistance line, 1800-103-5858.
4. Survey and approval. The damage is assessed, and repair is approved.

5. Settlement. For cashless claims, Bajaj General pays the workshop directly after repair. For reimbursement, submit the original invoice and payment receipt.

    

Documents Bajaj General Lists

• Claim form, signed
• Driving licence copy
• Registration certificate
• Repair estimate, then the final invoice and payment receipts
• KYC documents such as PAN and Aadhaar

• FIR copy for theft, major damage or third-party involvement

   

Motor On-the-Spot for Small Claims

For eligible two-wheeler claims up to ₹10,000, Bajaj General's Motor OTS feature lets the owner file through the app, upload photographs of the damage, licence and registration certificate, and receive a proposed claim amount by SMS. If accepted, the amount is paid to the bank account, and Bajaj General states that settlement can happen within 20 minutes. The OTS helpline is 1800-266-6416.

Add-ons Available

Add-on availability depends on the bike's age and model, so check the list on the actual quote.

Pros and Cons

Note: This article has been vetted by Siddarth Khandelwal, an Insurance expert at Insure24.

Frequently Asked Questions

Q. Is Bajaj Allianz bike insurance still valid after the name change?

Yes. Bajaj Allianz General Insurance was renamed Bajaj General Insurance on 7 October 2025. Existing policies remain valid, and the insurer and its claim process are the same.

Q. Is Bajaj Allianz bike insurance good?

It offers a large stated garage network, quick app-based settlement for small claims and a broad add-on list. Whether it suits a particular owner depends on the OD quote, the garages near home and the add-ons needed.

Q. What is the Bajaj Allianz bike insurance claim settlement ratio?

Bajaj General's own blog lists a two-wheeler claim settlement ratio of 98.83% for 2025. For the official figures, check the claims paid and repudiated data in its annual public disclosures.

Q. What is the Bajaj Allianz bike insurance customer care number?

For motor claims, 1800-209-5858. For roadside assistance, 1800-103-5858. For Motor On-the-Spot claims, 1800-266-6416. The email is [email protected]. These are as listed on Bajaj General's website in September 2026.

Q. How many network garages does Bajaj General have for bikes?

Bajaj General states 10,000+ network garages on its two-wheeler insurance page. Use its garage locator to check workshops near home.

Q. What is the Bajaj Allianz bike insurance premium?

TP premium is fixed by engine capacity, from ₹538 for bikes up to 75 cc to ₹2,804 above 350 cc. OD premium depends on the bike's IDV, age, city and add-ons, so check the actual quote.

Q. How does Motor On-the-Spot work for two-wheelers?

For eligible claims up to ₹10,000, the owner files through the Bajaj General app, uploads photographs and documents, and accepts the proposed amount, which is paid to the bank account.

Q. Does Bajaj General offer zero depreciation for bikes?

Yes, zero depreciation is listed among its two-wheeler add-ons, subject to the bike's age and model.

Q. Can a Bajaj Allianz policy be renewed online?

Yes, through Bajaj General's website or app. Renew before expiry to avoid a pre-inspection and keep the NCB, which is generally lost after 90 days.

Q. Can NCB be transferred to Bajaj General from another insurer?

Yes. NCB belongs to the owner and carries across on the strength of the previous policy or an NCB certificate, provided the renewal is within 90 days of expiry.