Buying your bike insurance online has never been easier!
- New Delhi
- Honda Activa
- Bajaj Avenger
- Bajaj Pulsar
- Yamaha Alpha
- Yamaha Fazer
- Recent years
- New bike
Why Choose Digit Two Wheeler Insurance
Your bike insurance not only comes with a super easy claim process, but also with the option to choose advance cash for repairs or a cashless settlement
Quick and Paperless claims process through a Smartphone-enabled self-inspection process
Advance Cash for Repair
Get cash upfront to repair your bike at a garage of your choice, wherever, whenever!
Cashless settlement at Digit network service centres with a 6-months repair warranty
Doorstep Pickup & Repair
Doorstep pickup, repair and drop with 6 months repair warranty
24*7 call facility even on National Holidays
High IDV per rupee
With us, you can customize your IDV as per your choice!
Two Wheeler Insurance Plans that fit your needs
Covers third-party losses and Personal Accident for the owner driver
People who generally do not use their two-wheeler too much but still want to have a protection shield around it, usually opt for a Third-Party Liability Policy. So, let’s see what it covers and what it doesn’t:
- Damage to someone else's property or vehicle
- Injury or death of third party
- Option of unlimited personal damage cover for owner driver, if you don't have one already
- Damage to own vehicle due to accident, theft, fire etc
- Add-ons like Parts Depreciation, Breakdown Assistance etc.
Note: We recommend a Comprehensive or Standard Package policy to most customers. But, in some cases the Third-Party Liability only may not be a bad idea either. Especially in case you rarely ride your bike or its too old already.
Covers third-party losses, damages caused by accidents to your bike and Personal Accident for the owner driver
To ride a two-wheeler in India, it is mandatory to have a motor insurance, at least a Third-Party Liability policy. However, only having a Third-Party Liability Policy is not enough and can leave you and your bike vulnerable. To have complete protection for your two-wheeler, it is wise to take a Comprehensive or Standard package two-wheeler insurance policy. Let’s see what it covers:
- All the benefits of Third Party Insurance i.e. damage to a third-party’s property or vehicle and also any personal damages to a third-party like hospitalization, death or disability.
- Plus, damage to own vehicle due to accidents, fire, theft
- Option of unlimited personal damage cover for owner driver, if you don't have one already
With us, get access to VIP claims
After you buy our two wheeler insurance plan, you live tension free as we have a 3-step, completely digital claims process!
Just call on 1800-258-5956. No forms to be filled.
Get a link for Self-Inspection on your registered mobile number. Shoot your vehicle’s damages from your smartphone through a guided step by step process.
Choose the mode of repair you wish to opt for i.e. Advance Cash or Cashless through our network of garages.
How fast are Digit Insurance Claims Settled?
This is the first question that should come to your mind when switching your insurance company. Good you’re doing that!Read Digit’s Claims Report Card
Know more about Two Wheeler Insurance
Why should I buy a Two Wheeler Insurance policy online?
Buying a Two Wheeler Insurance online is very easy now! All you have to do is give us your city of registration, model name and variant, and your registration date. Wham! We will take care of it from the rest. Our easy pre-inspection process let’s you skip those days of wait before you get your policy activated. What’s more, we offer you an easy two wheeler insurance renewal too!
Why renew two wheeler insurance online?
Benefits of renewing online
Guess what you can do at a click of a button- Comprehensive Two Wheeler Insurance renewal or Third Party Bike Insurance renewal Online! Yes it is that easy! Just tell us your bike registration date, city and make/model!
Renewal of existing policies
If you are a Digit customer, and you want to renew your existing policy, all you have to do is make a payment! Your new policy will start as soon the existing policy expires. If you are new to Digit and want to shift to us, you just have to share your RC with us and the documents from your existing policy!
Renewal of expired policies
For bike insurance renewal of your expired policy, the most important step is to do a pre-inspection of your bike. This step is required to assess if there were any damages to your bike during the expired period. Also, if your policy has expired more than 90 days ago, you will also lose your NCB (No Claim Bonus). Therefore, it is advised to keep a tab on your policy expiry date and renew it before expiry. Also, while your Third Party part of the policy will start at midnight of the day you renew your policy but your Own Damage part will only start after pre-inspection process is completed.
Addons that you should take with your Bike Insurance!
There are some limitations to your base bike insurance policy, situations that might not be covered. But fret not! We will always give you a way out! With the right addons, you will be able to cover your expenses for any additional loss or assistance! So, let’s see what are the important addons:
Parts Depreciation Cover (Zero Dep/ Bumper to Bumper) - Like everything in life, there is a decrease in value of certain parts of your bike, including the bumper or any other metal or fibre glass parts. So, when a damage happens, the full cost of replacement is not given as depreciation is deducted from the claim money. But this addon makes sure there is Zero Depreciation and you get the full value of the cost of repair/replacement provided the vehicle is repaired at Digit Authorised Workshop.
Consumable Cover - Most of us think the cost of replacement of parts like screws, engine oils, nuts & bolts, grease is covered in the standard package policy, sadly it is not. But with this addon, we cover this cost.
Engine and Gear-Box Protection Cover - If an accident causes a damage to an engine, it is covered under a standard package policy. But if it is a consequential damage, it is not covered. For example, if your bike is towed roughly or during floods you switch on the engine, which causes damage to the engine or gearbox. This addon comes to your rescue, covering the repair charges. Btw, the cost of replacement of an engine is approx. 40% of vehicle cost, which is huge.
Return to Invoice Cover - If your bike gets stolen or it’s totally damaged or its repair cost estimated is more than 75% of its IDV, we cover the cost of buying a similar new bike i.e. you get the Ex-showroom price or last invoice value, minus the IDV (Insured Declared Value)… Btw, we have also included the cost of registering the new vehicle and the road tax for it.
Breakdown Assistance (RSA) - Get 24*7 assistance if there is a breakdown on the road, and you need help for a flat tyre, fuel refill, spare key, flat battery etc.-up to 500 kms from city centre.
What’s not covered in your Bike Insurance?
It is equally important to know what’s not covered in your two wheeler insurance policy, so that there are no surprises when you make a claim. Here are some such situations:
1. You were driving drunk or without a valid driving license.
2. You hold a learner’s license and were driving without a valid driving license-holder in the front passenger seat.
3. Any damage which is not a direct result of the accident (e.g. after an accident, if the damaged two wheeler is driven incorrectly and the engine gets damaged, it will not be covered)
4. Any contributory negligence(e.g. damage due to driving a two wheeler in a flood, which is not recommended as per the manufacturer’s driving manual, will not be covered)
5. Some situations are covered in add-ons. If you haven’t bought those add-ons, the corresponding situations will not be covered.
Compare Two Wheeler Insurance Quotes
How should you compare your bike insurance with other companies?
Check your IDV - A lot of cheap two wheeler insurance quotes will have a low IDV (Insured Declared Value), which is the market value of your two wheeler. If it is low, then at the time of claim, esp. during theft and total damage, you are in for a shock! So setting this at the Right Value is important. Digit gives you the option to set it while buying your two wheeler insurance policy online.
Check the Service Benefits - Go for a company that gives you good after-sales services. Some of the services Digit offers are Doorstep Pickup, Repair & Drop with 6 months Warranty, 24*7 Customer Care Support, Cashless at 1000+ Garages, Advance Cash for repairs and many more.
Check the addons they are offering - Go for a company that gives you the option of choosing the right add-ons that are useful to you at competitive prices.
What is IDV?
IDV is the maximum amount your insurance provider can give you, in case your bike is stolen or totally damaged.
The 2 Wheeler Insured Declared Value and your two wheeler insurance premium go hand in hand. This means, the higher your IDV is, the higher your bike insurance premium – and as your vehicle ages and IDV depreciates, your premium also decreases. Also, when you decide to sell your bike, a higher IDV means you’ll get a higher price for it. Price may also be affected by other factors like usage, past bike insurance claims experience etc.
So, when you’re choosing the right two wheeler insurance policy for your bike, remember to make note of the IDV being offered, and not just the premium. A company offering a low premium may be tempting, but this could be because the IDV on offer is low. In case of total loss of your bike, a higher IDV leads to higher compensations.
At the time of resale, your IDV is indicative of the market value for your bike. However, if you have maintained your bike really well and is shining as good as new, you can always aim at a price more than what your IDV might offer you. At the end of the day, it all boils down to how much love you have showered on your bike.
What is NCB?
NCB (No Claim Bonus) definition: NCB is a discount on premium given to the policyholder for having a claim free policy term.
A no claims bonus ranges from a discount of 20-50% and is something you earn at the end of your policy period by maintaining a record of making no bike accident claims under your bike insurance policy. This means that you can’t get a no claims bonus when you buy your first comprehensive bike insurance policy – you can only get it on your policy renewal.
A No Claim Bonus is meant for the bike insurance policyholder regardless of the bike. This means, even if you switch your bike, your NCB stays with you. If you decide to buy a new bike, you will be issued a new bike insurance policy, but you can still avail of the NCB you accumulated on the old bike or policy.
How to reduce the Two Wheeler Insurance Premium?
You can reduce your bike insurance premium by looking at the following:
1. Increasing the Voluntary deductible
2. If you have had no claims for more than 4-5 years, you can look at increasing your Voluntary Deductible and decreasing your bike insurance premium.
3. Maintaining a Good driving record
4. This is obvious, but important. Apart from being safe on the road, cautious driving in speed-limits, will avoid accidents and make sure you get a No Claim Bonus each year.
5. Talk to your insurance company. If you feel you are not getting a cheap bike insurance quote, it’s not a bad idea to call the insurance company you are interested in once before making the final decision.
What is Zero Dep Cover?
Like everything in life, there is a decrease in value of certain parts of your bike, including the bumper or any other metal or fibre glass parts. So, when a damage happens, the full cost of replacement is not given as depreciation is deducted from the claim money. But this addon makes sure there is Zero Depreciation and you get the full value of the cost of repair/replacement provided the vehicle is repaired at Digit Authorized Workshop.
What is Cashless Claim?
If you opt to get your bike repaired with a Digit Authorized Repair Center, we will make the payment for the approved claim amount, directly to the Repair Center. This is a Cashless Claim. Please note, if there are any deductibles, like a Compulsory Excess/ Deductible, any repair charges for which your insurance doesn’t cover you or any depreciation costs, that is to be paid by the insured’s own pocket.
FAQ's related to buying Two Wheeler Insurance
What is Third Party Liability Cover?
Third Party Liability Cover is a safe net when you hit someone else's bike, causing damage to life and property. Your insurance company pays for the damages on your behalf.
How can I avail Pick-up, Repair and Drop Service?
To avail this service, you just have to call us at 1800-258-5956. We will take your details and pick your bike up from where you are, get it repaired at our network garages and drop at your doorstep!