Home-grown multinational automobile manufacturer Bajaj launched its first DTS-i technology (Digital Twin Spark Ignition) scooter Wave in 2005. Wave gained popularity among the riders due to its smooth-riding comfort. 

Though Bajaj has discontinued the production of Wave, the scooter is doing a pretty good business in the second sales market. So, if you already own the scooter or planning to get a second-hand model, it is crucial you secure it with Bajaj Wave insurance.

Also, the Motor Vehicles Act 1988 compelled third-party insurance coverage for all the two-wheelers in India. Any violation will lead to severe repercussions. However, two-wheeler owners also opt for a comprehensive insurance scheme that covers both third-party liabilities and own car damages.

Your search for convenient two-wheeler insurance for Bajaj Wave will lead you to several insurance providers. But, always compare their schemes and benefits to make an informed decision. If you are looking for a reliable insurer, then you can consider Digit.

Now, in the upcoming segment, you will come across a brief description of the Bajaj wave, reasons why bike insurance is essential in India and the features of Digit’s policy.

Digit is a convenient option for bike insurance due to a range of reasons. Besides reasonable policies, it offers the following remunerative benefits.

• Range of Policy Options - Though the Government has mandated a third party policy for every two-wheeler, many people opt for a comprehensive scheme for well-rounded protection. Thus, Digit crafts its products that best fit the diverse requirements of its customers. Here are the three options you can select from-

• Third-Party Liability Coverage - Under this scheme, you can be rest assured of financial protection against any third party damage or injury caused in an accident by your Wave scooter.

• Comprehensive Coverage - This policy ensures complete protection from own damage as well as third party damage that occurred in accidents. Individuals opt for this scheme as it provides financial coverage from unforeseen scenarios like theft, fire, man-made or natural calamities, vandalism and more.

• Own Damage Coverage - If you bought Bajaj Wave after September 2018 and have already purchased a third-party policy, you can purchase a standalone own damage policy separately.

• Buy or Renew Insurance Online - To avoid the hassles of lengthy paperwork and time-consuming procedures, Digit offers Bajaj Wave insurance online. Simply visit Digit’s official website and navigate two-wheeler policy plans to buy a scheme at your convenience. For renewal, fill up the details as asked. And for uninterrupted security, pay your premiums on time.

• Wide Range of Additional Covers - To cater to 100% customer satisfaction, Digit extends 7 add-on covers against a minimal rise in Bajaj Wave insurance price. You can select from the following options -

  • Return to invoice cover
  • Consumable cover
  • Engine and gear protection cover
  • Breakdown assistance and more

• Instant Claim Settlement - The conventional way of claim approval involves a representative and tedious inspection of the damaged motorcycle. But with Digit, you can do away with such hassles. The insurer offers a smartphone-enabled self-inspection system to streamline the entire claiming and approval process. Further, it commits to settle the majority of your claims in the least possible time. You can also expect high claim settlement ratios that cut down the chance of rejecting claims.

• Customisable IDV - Digit calculates your Bajaj Wave’s Insured Declared Value by deducting the depreciation value from its ex-showroom price. However, the insurance offers its customers the liberty to customise their predetermined IDV amount by increasing their premium marginally.

• No Hidden Charges - You can expect complete transparency while scrolling through Digit’s insurance schemes on its official website. You only have to pay for the scheme you choose. In return, Digit offers financial security as per your selected policy.

• Network Garages Nationwide - Digit tied up with more than 4400+ network garages across the country to ensure a seamless customer experience. So, whether you are in Ladakh or Chennai, be rest assured to find Digit network bike garages nearby.

• Stellar Customer Assistance - If you have any queries regarding how to opt for Bajaj Wave insurance renewal online or any other issues, then get in touch with Digit’s 24X7 customer care support.

Further, at Digit, you can reduce your Bajaj Wave insurance policy premiums if you choose a higher deductible and avoid small claims. But settling for cheaper premiums is not a wise choice as it brings down the chances of enjoying lucrative benefits.

To curb the two-wheeler accident rate in India, the Government had mandated motorcycle insurance for every biker. Also, two-wheeler insurance provides an array of lucrative benefits. Some of them are-

• Own Damage Protection - Besides accidents, your Kristal scooter is susceptible to other threats such as fire, natural disasters, theft, and more. These may damage your scooter extensively, and repairing such damage costs a fortune. But, you can avoid such expensive expenses with active two-wheeler insurance for Bajaj Kristal.

• Necessary Legal Compliance - According to the Motor Vehicles Amendment Act 2019, every motorcycle owner must have third-party bike insurance coverage. Any violation costs hefty fines of ₹ 2000 for a first-time offence and ₹ 4000 for subsequent ones. However, individuals may end up in jail for up to three months and get their license confiscated if they do not purchase or renew their policies.

• Personal Accident Cover - Fatal accidents may often cause deaths or severe injuries to the riders. Thus, the IRDAI (Insurance Regulatory and Development Authority of India) mandates riders to include a personal accident cover in their bike insurance policies. This scheme compensates for grave bodily injuries, demise, or permanent disability of policyholders due to an accident.

• Third-Party Damage Protection - If your Bajaj Kristal inflicts damage to a third-party person or property, then you have to bear the expenses. In such cases, third party motorcycle insurance will be of great help. Such a policy provides financial assistance to the affected party on your behalf. Moreover, the scheme also takes care of litigation issues that may arise in the event of an accident.

• No Claim Bonus - For every non-claim year, you can earn attractive discounts on your Bajaj Kristal insurance policy renewal. Also, the discounts bring down your premium amount and help you save more. If you buy your policy from a reliable insurer like Digit, you can enjoy a 50% discount on your policy premium after five consecutive non-claim years.

All these solidify the significance of bike insurance in India.

Bajaj Wave reflected the modern age design, thanks to its aerodynamics and sleek body structure. The lightweight scooter can be parked anywhere and is suitable for varied road conditions.

Features

• Engine: Equipped with a 110 cc four-stroke DTS-i engine, Wave generates a peak power of 8 bHP at 7000 RPM. Also, it can deliver a peak torque of 0.9 Kgm at 5000 RPM. Due to the availability of power and torque delivery, Wave can pick up better than its competitors. 

• Comfort and Control: The 130 mm mechanical drum brakes in Wave ensure optimal braking capacity. Also, the suspension system comes with coaxial shock-absorbers with a link and spring to maximise the overall performance. Further, the single shock absorber and the coaxial spring at the rear deliver a comfortable ride. Wave is also packed with several other standard fitments like a front storage box, a bag hook, pillion footrest and side-foot pegs.

• Design: For superior style and manoeuvrability, Bajaj installed a low-height seat and ergonomic features. Also, the dual-tone combination made it the most attractive offering to two-wheeler enthusiasts. 

• Mileage: Best for city commuting, Bajaj Waves offers a mileage of about 50km/litre. Additionally, thanks to Bajaj’s Exhaust TEC technology for enhanced fuel economy.

Now, such high-tech features are not enough to save your Wave from accidents. But you can safeguard your finances in the event of scooter accidents with Bajaj Wave insurance.