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Commercial Bike / Motorcycle Insurance Price & Policy Renewal Online
What is Commercial Bike Insurance?
Carry passengers from one place to another. This policy does not cover any personal two-wheeler.
The insurance policy covers both you and your commercial bike in unfortunate events like accidents, thefts, fires, natural disasters, or any liabilities arising due to damage to any third party.
You can choose from Liability Only policy and Standard Package, along with customised add-ons to get the desired level of protection for you and your vehicle, but in case of Liability only polices any damage to the insured and vehicle and property will not be covered. All these features are available at Digit Insurance at an affordable premium.
Why Do You Need Commercial Bike Insurance?
If you own a two-wheeler that is used for public transportation, then you must get a commercial bike insurance due to the following reasons:
- It is mandated by law in India to have at least a Liability Only insurance policy for your commercial vehicles. However, if you want enhanced coverage, you can opt for a Standard Package and other add-ons as well.
- Having insurance will protect your business in situations of financial losses arising due to accident, collision or natural calamity.
- A commercial bike insurance will also ensure the safety of the passengers and in some cases the owner/driver, depending upon the policy terms.
- Having a commercial bike insurance policy also protects you from any third-party liability in case of damage or loss due to your vehicle.
Why choose a Commercial Bike Insurance by Digit?
What's Covered in a Commercial Bike Insurance?
What’s Not Covered in a Commercial Bike Insurance by Digit?
It is equally important to know what’s not covered in your Commercial Bike insurance policy so that there are no surprises when you make a claim. Here are some such situations:
If you’re only going to go for a Third-Party Commercial Insurance for your commercial vehicle, then own damages and losses won’t be covered.
If during a claim, the driver-owner is found to be driving the insured vehicle without a valid driver’s license or under the influence of alcohol then the claim can’t be approved.
Any damages or losses caused to the heavy-duty vehicle due to contributory negligence won’t be covered for. For example, if there are existing floods in the city, and one still takes the tractor out.
Any damages or losses that aren’t a direct result of an accident, natural calamity or fire can’t be covered for.
Key Features of Commercial Bike Insurance by Digit
Types of Commercial Bike Insurance Plans11
Based on the type of your vehicle and number of vehicles you want to insure, we offer two primary plans you can choose from.
| Liability Only | Standard Package |
Damages caused by your heavy vehicle to any third-party person or property. |
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Damages caused to any third-party person or property by the vehicle being towed by your insured heavy vehicle. |
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Loss or damages to own heavy vehicle due to natural calamities, fire, theft or accidents. |
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Injury/death of heavy vehicle owner-driverIf the owner-driver doesn’t already have a Personal Accident Cover from before |
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| Get Quote | Get Quote |
FAQs about Commercial Bike Insurance
Do I need commercial bike insurance if I already have personal bike insurance?
A personal bike insurance policy only covers your vehicle if it is being used for personal use. So, if you want to protect your commercial two-wheeler, you need to get separate commercial bike insurance that is designed to cover the risks associated with using bikes for business.
What are the factors which affects the calculation premium for commercial bike insurance?
The premium for commercial bike insurance is calculated based on factors such as the value of the vehicle, its location, usage, and coverage.