Motor Insurance

Motor Insurance

A motor policy covers cars, bikes, scooters and other vehicles against loss due to theft or physical damage from accidents, natural or man-made calamities or liability for third party damage/injury. Comprehensive motor insurance typically covers for:

  • Own Damage (OD) coverage against loss or damage to the insured vehicle

  • Third Party Liability (TP) caused by injury/death of a third party or damage to property

  • Personal Accident coverage for you, co-passengers or driver

  • Add-on covers: Zero Depreciation cover, No Claim Bonus Protection, Key replacement, 24x7 Road-side assistance

    The premium amount for your insurance is decided on the basis of Insured Declared Value (IDV) of the vehicle, model and past claim history. Now you can get a quote and buy a policy instantly online.

  • The damage to the vehicles by following reasons are covered under Motor insurance

    • Riot & strike
    • Fire & burglary
    • Terrorism act
    • Earthquakes
    • Landslides
    • Flood, storm or natural calamities

  • To know more in the meantime, you can also call us on 09211549999

Eligibility Criteria

  • Online premium calculation and instant purchase.

  • Support - 24x7 and 365 days’ telephone assistance for claim settlement.

  • Cashless claim settlement

  • No Claim Bonus (NCB) transfer from any motor insurance provider

  • Easy inspection and service at our preferred garages

  • Add-ons

  • Daily Allowance while your vehicle is in garage

  • Depreciation Re-imbursement

  • Return to Invoice in event of theft or 100% damage due to collision

  • Repair of Glass, Fibre, Plastic & Rubber Parts

  • Loss of Personal belongings

  • Emergency Transport & hotel expenses

  • Key Replacement

  • Engine Protection

  • Tyre Secure and Consumable Expenses

  • Road Side Assistance

How to Apply

You’ll be surprised to know how easy it is to get a Group Motor insurance policy with Bajaj Finance Ltd. Just fill in your details on this page, or give us a missed call on 09211 549 999 and we will get in touch with you and take you through the process.

Checklist before you apply

  • Keep your vehicle details ready (Year of purchase, RC document)
  • Previous insurance policy details
  • Decide on what type of motor insurance you would like to buy
  • Add-on benefits to opt for
  • Process to apply for claims

Disclaimer - *Conditions apply. This product is offered under the Group Insurance scheme wherein Bajaj Finance Limited is the Master policyholder. The insurance coverage is provided by our partner Insurance Company. Bajaj Finance Limited does not underwrite the risk. IRDAI Corporate Agency Registration Number CA0101. The above mentioned benefits and premium amount are subject to various factors such as age of insured, lifestyle habits, health, etc (if applicable). BFL does NOT hold any responsibility for the issuance, quality, serviceability, maintenance and any claims post sale. This product provides insurance coverage. Purchase of this product is purely voluntary in nature. BFL does not compel any of its customers to mandatorily purchase any third party products.”