New Car Insurance

9000+ Cashless
Network Garages
96% Claim
Settlement (FY23-24)
24*7 Claims
Support
Click here for new car
I agree to the Terms & Conditions
9000+ Cashless
Network Garages
96% Claim
Settlement (FY23-24)
24*7 Claims
Support
Click here for new car
I agree to the Terms & Conditions
You’re probably really happy after buying that car you’ve been talking so much about! We wouldn’t want to kill the happy bug, but with a new car comes a new set of responsibilities!
Now, let’s imagine this scenario- you’ve just planned a weekend getaway with your friends in your new car. With all that music and chatter, you suddenly hear a loud sound, and you realise your tyre has just burst! Yikes. If you’ve been responsible, you probably won’t make a big deal out of it.
After all, if you have car insurance in place, with the right add-ons, then this little accident won’t only be solved soon but will also not eat away your weekend budget. Why are we telling you this hypothetical story, anyway? To help you make some responsible choices of course! So, let’s get started- shall we?
Car insurance for new cars is an insurance policy for your new car that acts as a shield against unfortunate events. It helps cover your new car against thefts, financial losses caused by accidents and any subsequent liabilities you may come across unexpectedly.
So, when you purchase a new car, you need insurance coverage before you can legally drive it. This is when new car insurance comes into play and ensures that your new car is protected from the moment you drive it off the lot
There are essentially two types of new car insurance plans- you can either opt for a Third-party car insurance or a Comprehensive Car Insurance. To make things easier for you, we’ve put down a table together that’ll help you compare the two, after which you can make the choice that suits you better.
1.2 Crore+
Policies Sold
75 Lacs+
Cars Insured
8 Lacs+
Claims Settled
3000 Crore+
Paid-in Claims
96% Claims Settled
FY'25
9000+
Cashless Garages
Disclaimer: "The total no of claims settled since inception till 31st December 2024" Disclaimer: "The total no of unique private car vehicles insured since inception till 31st December 2024" Disclaimer: "The total amount of claims paid since inception till 31st December 2024" Disclaimer: This Claim Settlement Ratio is calculated for Overall Motor line of business of Digit. CSR Is calculated for FY'25. CSR Ratio is count of (Claims paid + Claims Closed) / (Claims O/S at Start + Claims Reported - Claims O/S at End) |"Disclaimer: The total count of network garages as of 31st December 2024"
We treat our customers like VIPs, know how…
When it came to motor insurance specifically, Digit showcased a high-efficiency Claims Settlement Ratio (CSR), with 96% of motor claims settled seamlessly and we make this simple with:
Smartphone-enabled self-inspection process, with which you can file your claim in minutes!
Cashless Claims at over 9000 garages in India, so you can get your two-wheeler fixed without stress.
Everything digital and paperless. No need for hard copies—just upload everything on our app, and you're all set!
4.7/5
(250K + Customer Ratings)
In India, driving a car, new or old without a valid car insurance is illegal. As per the Motor Vehicles Act 1988, it is mandatory to have car insurance that at least covers third-party liabilities. However, having a new car policy is important for the following reasons:
In India, having at least a third-party car insurance for new cars is mandatory by law. Driving without it can result in a fine or penalty.
Having a new car insurance policy can help you save significant expenses for any repair or replacement of car parts in case of an accident. Additionally, you can also protect yourself from hefty traffic fines!
Anyone can become a victim of road accident, and in case your new car accidentally damages someone's property, vehicle, or cause injury, your car insurance will cover the costs, saving you from any disputes and financial loss.
Opting for comprehensive car insurance allows you to enhance your coverage with add-ons like zero-depreciation cover, return to invoice cover, consumables cover, and breakdown assistance, providing even greater protection for your vehicle.
Damages/Losses to own car due to an accident |
×
|
✔
|
✔
|
Damages/Losses to own car in case of fire |
×
|
✔
|
✔
|
Damages/Losses to own car in case of a natural calamity |
×
|
✔
|
✔
|
Damages to Third-Party Vehicle |
✔
|
✔
|
×
|
Damages to Third-Party Property |
✔
|
✔
|
×
|
Personal Accident Cover |
✔
|
✔
|
×
|
Injuries/Death of a Third-Party Person |
✔
|
✔
|
×
|
Theft of your car |
×
|
✔
|
✔
|
Customize your IDV |
×
|
✔
|
✔
|
Extra protection with customized add-ons |
×
|
✔
|
✔
|
Read more: Difference between Comprehensive and Third Party Car Insurance
We recommend Comprehensive Car Insurance to most customers over just a Third-Party Liability Policy, especially to new car owners. A Third-Party Insurance Policy works if you rarely drive your car or if it’s too old; in such cases a Third-Party Car Insurance is enough for maintaining basic protection and legal compliance.
Enter Car Details
On the Digit App or website, enter car registration number and select the policy status.
Choose a Plan
Select the type of car insurance plan and choose desired add-ons.
Enter Personal Details
Enter your personal, nominee and vehicle details, and move to the next step.
Make Payment
Complete the payment and mandatory KYC verification process.
That's It!
You’ll receive the policy document via email, SMS and WhatsApp. Also, you can access it 24X7 on the Digit App.
While buying a new car insurance policy online from Digit, you don’t need a load of documents or paperwork; just furnish the following documents:
NCB certificate
Aadhar Card
Temporary registration number
Get cashless repairs at 9000+ garages across India
At Digit, we believe filing a motor insurance claim should be simple, not stressful. That’s why we’ve built intelligent automation into every step of the process—so you can get back on the road, faster.
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In H2 FY25, our average car repair approval time was 14 hours and 46 minutes, with 67% of approvals completed within 12 hours. Only a few cases experienced longer wait times, typically due to complex assessments or the need for additional documentation, highlighting our commitment to minimising delays and maximising efficiency.
Rest assured, we carefully monitor every step to ensure your car is back on the road as swiftly as possible!
The below data is for all the products as given in the table below.
The below information is a summary of escalated claim cases reviewed by the Hon’ble Ombudsman in FY 2024–25.
Disclaimer: ^This data pertains to cases reported to various offices of the Hon’ble Insurance Ombudsman. Customers have the option to approach the Consumer forum as well; #Only includes complaints arising from claims. The company had a total of 11 complaints arising from non-claims, i.e., policy-related grievances (5 won, 2 settled, 1 lost, and 3 outstanding). One non-claim complaint where the decision went in favour of the complainant is not included in the numerator while calculating claims accuracy.
There are several factors to keep in mind when buying car insurance for new cars. Paying attention to them will ensure that you fetch an ideal level of cover. Some of these factors include the following:
Here are the tips to save premium when buying car insurance for new cars:
Compare and Customize: Search online for the best new car insurance quotes, compare them, and then go for the policy that suits your budget.
Limit Add-ons: Try to avoid opting for unnecessary add-ons and consider only usage-based car insurance add-ons such as Pay As You Drive, if you don't drive much.
Optimize Payment and Deductibles: Pay your car insurance premium on time to save on monthly premium payment. You can also consider increasing your deductibles to lower your premium.
Good Driving Habits: You can keep a good credit score by driving safely and staying accident-free to get better insurance rates and possibly more discounts.
No Claim Bonus or NCB is a discount offered to policyholders who do not file any claim in a policy year, as a reward for safe and responsible driving. The best part about it is that NCB keeps on accumulating for each year you do not make a claim, up to a maximum of 50% of the car insurance premium.
Now, here are some things that you should know about the role of NCB in reducing your new car insurance premium:
When buying a new car, you can transfer the accumulated NCB from your old car insurance to the new policy, if applicable. Since NCB accumulates each year without a claim, you can get a discount of up to a maximum of 50% on the new car insurance policy. This can significantly reduce your new car insurance price.
Know that your No Claim Bonus is transferable whether you buy a new car or switch to a new insurer and you can benefit from the NCB certificate to avail the discount.
However, to transfer the NCB, you need an NCB certificate. If you're buying your new car insurance policy offline or through an agent, you'll need to transfer your No Claim Bonus (NCB) by submitting your buyer-seller agreement (Forms 29 and 30) along with a letter requesting the NCB transfer from your current insurance company.
The insurer will then issue an NCB certificate, which you must submit to your new car insurance company.
However, if you're buying a new car insurance policy online, you don't need to go through this process. Simply declare the correct NCB, provide your old policy number and the name of the insurer, and your new insurance company will handle the rest.
Furnish the following documents along with the application:
Copy of delivery note that you’ve received for the sale of the old car
Copy of insurance policy of the old car
Copy of the booking form that you received for purchasing the car
Transfer application
Buyer-seller agreement (Forms 29 & 30)
Copy of transferring the old RC if you’re selling your old car
NCB certificate from the insurer
The best of us prefer to escape all the time and energy that will go into looking for the right insurance company online or offline. No wonder, many people are tempted to opt for any car insurance offered by dealers. It saves time and of course, it is convenient. But is it the right thing to do? Let’s see what can go wrong if you plan to buy a policy from your dealer:
You will get limited options - Once you’ve purchased your car from the dealer, the second thing they’re likely to sell you a car insurance policy. While this may be convenient, it comes with the disadvantage of limited options, as compared to options online. Additionally, your car dealer will probably have tie-ups with specific insurance companies and will offer you insurance solutions provided by these companies only.
Best Add-ons - You won’t have the freedom to choose from a wide range of add-ons that can give your car better coverage. Buying a car insurance online gives you the benefit of customizing your plan with different add-ons to choose from.
Can’t compare rates - Comparing rates is very important but when you plan to buy insurance from a dealer you will not get this opportunity.
We recommend go online, do some research or better, directly buy your car insurance policy online. The process is fast, there’s no paperwork and the best part- you know exactly what to expect out of your car insurance since you’ll be the one choosing it!
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