Bike Insurance

• Two-Wheeler Insurance, or bike insurance, is a motor insurance policy that helps you to cover against damage that may happen to both you and to your two-wheeler due to events like accidents, thefts, fires, or natural disasters. 
• You will also get protection against liabilities arising due to damage to any third-party vehicle, property or person. Two-wheeler insurance covers different types of two-wheelers, like motorcycles, mopeds, scooters and more.  
• With Digit bike insurance, you can get third-party bike insurance policy to comply with the law or get complete protection with a comprehensive bike insurance policy or Own Damage policy - all at affordable premiums online.
• Comprehensive Bike Policies can further be customized by opting for add-ons that help protect your bike in all possible situations!

• State Your IDV Correctly: An IDV is the market value of your bike, including the charge of its depreciation and the value of the same will directly affect your bike insurance premium. Moreover, this also affects the compensation value you’ll receive during claims. So, make sure you always check if your IDV is stated correctly. At Digit, we believe in transparency and give you the option to customize your IDV.
• Compare Bike Insurance Quotes: The biggest advantage you have of buying a bike insurance online is, that you can compare different bike insurance quotes. Make sure you compare important aspects such as your IDV, add-ons available, service benefits, reliability, claim settlement ratios and of course processes!

• Check Offered Service Benefits: A good bike insurance isn’t only about coverages and claims (although yes, that’s a huge part of it!) it’s also about the kind of service benefits you can avail through your respective service provider. At Digit we offer services like Roadside assistance (which doesn’t count as a claim) which ensures we’re there for you even when you need us for the littlest of things.
• Know What's Covered: A good bike insurance should be able to cover you for the numerous things that you may need. That’s what the premium is for! Therefore, while choosing the right bike insurance, ensure you look at the coverage you receive and then decide if what you’re paying for is worth it or not.

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!

In India, two-wheeler insurance policy covers a wider range of vehicles including:

Private Two-Wheelers

These include standard geared and non-geared two-wheelers of all engine capacities that are used for personal purposes, including bikes, scooters, mopeds, etc.

Commercial Two Wheelers

Two-wheelers used for and by business to carry goods and passengers are covered under commercial vehicle insurance policy. It is specifically designed keeping in mind the needs of commercial bike users like delivery partners.

Electric Two Wheeler Vehicles (EVs)

Electric bike insurance protects two-wheelers which run on electricity from potential damage and losses occurring due to accidents, natural calamities, or fire.

If you are looking to renew your bike insurance policy with Digit for the first time, here are some benefits to look forward to:

• Instant Claims Processing: Enjoy a seamless and swift claim process, from filing your claim and assessing your bike to receiving the claim.
• Effortless Paperless Procedure: With Digit, do the complete process with your phone from choosing the type of insurance plan to filing and recieving the claim, completely paperless.
• Self-Inspection Convenience: Simply upload images and videos of your vehicle for self-inspection, eliminating the need to wait for surveyors.
• Round-the-Clock Customer Support: Receive dedicated support for your claims even on holidays, ensuring you always have assistance whenever you need it.
• Extensive Cashless Garage Network: Choose from over 9,000+ cashless garages across India, conveniently located to suit your needs.

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.

• AI That Sees What You See: When you upload a video of the damage through our app, our AI doesn’t just watch—it analyses. Using advanced image recognition, it assesses the extent of the damage, classifies it, and helps determine the next steps. This means quicker evaluations, fewer delays, and a smoother experience for you.
• Automated Document Processing: From inspection reports to claim forms, our AI systems automatically sort and process your documents. This reduces manual effort, minimises errors, and speeds up approvals. And with a human-in-the-loop approach, we ensure every claim is handled with both precision and empathy.
• Automation That Works Behind the Scenes: Our systems also fetch claim details directly from partner platforms, eliminating the need for repetitive data entry. Whether it’s Bulk Policy Issuance or real-time claim registration, automation helps us move faster—so you don’t have to wait.

• Many claims are rejected simply because the policyholder is unaware of what their insurance actually covers. Always read your policy document carefully to understand the inclusions and exclusions.
• Providing false information or hiding important facts—such as previous claims or the true nature of an accident—can result in your claim being denied.

• Always carry your driving licence with you – it is mandatory by law, and you'll need it to make a claim if you get into an accident. Even a single missing paper can put your claim on hold, or worse, get it rejected. 
• Keep your two-wheeler documents up to date, like Registration Certificate (RC), Pollution Under Control Certificate (PUCC) as they are essential for claims. Also, make sure they're valid! 
• Drive safe! Breaking road safety rules like underage driving or drunk driving can lead to claim rejection. 
• Be honest about your bike modifications with the insurer as disclosing that information later can lead to claim denial.  
• If you’re buying a used two-wheeler then transfer vehicle insurance policy to the new owner right away to avoid claim issues. 
• Accident or theft? Call your insurer first and don't get repairs done without informing them about the situation. 

You and your friend who own a two-wheeler from the same company might be paying different insurance premiums, but why? Here are several factors that affect your bike insurance premium calculation differently, including:

• Type of Insurance Plan: Your two-wheeler insurance premium is primarily based on the type of coverage or insurance policy you buy. The premium on the Comprehensive Insurance Policy is slightly higher than on a Third-Party Policy, as the former offers insurance coverage for third-party liabilities and Own Damage.
• Two-Wheeler Make/Model: This factor significantly influences the two-wheeler insurance premium. If you insure a low-cost two-wheeler or a regular scooter, the premium would be lower than a more expensive vehicle or a luxury bike. It is because the parts of different models have different replacement costs at the time of the claim. So, the higher the value of the insured vehicle, the higher the risk for the insurer.

• Age of the Vehicle: The market value of your two-wheeler is influenced by the age of the vehicle, which in turn impacts your insurance base premium (excluding NCB, Discounts/loading, etc.) The older vehicle will have a lower market value due to depreciation, so the sum insured will be lower, and you will need to pay less base premium. On the other hand, a brand-new vehicle with a higher market worth will fetch a higher base premium.
• Insured Declared Value (IDV): IDV refers to your vehicle’s approximate current market value after calculating its depreciation value. It is a crucial component of any insurance policy and is directly proportional to the premium.
• No Claim Bonus (NCB): It is a reward in the form of a discount upon not raising any claim in a policy year. So, at the time of the policy renewal, the percentage of NCB value you are eligible for, as determined by your insurer, can significantly lower your insurance premium for the following year.
• Add-On Covers: If you wish to protect your two-wheeler in all possible situations, you can customise your Comprehensive Two-Wheeler Policies by opting for add-on covers such as a Zero Depreciation Cover, Tyre Protect Cover, RTI and more. This will increase your scope of coverage and hence leads to an increase in your premium amount.
• Engine’s Cubic Capacity: If the cubic capacity (cc) of your vehicle’s engine is 75 cc or less, your insurance premium would be low. If your two-wheeler is labelled 350 cc, you will have to pay a larger premium for the coverage.
• RTO Location: The vehicle’s geographical location also determines your insurance premium value. If you frequently ride in a city with more accidents, the premium will also be higher and vice versa.

• 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.

Know more about Cashless Bike Insurance.

• 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.

If you’ve never bought a bike insurance for your bike, it’s still never too late to get one.  However, here are the three most important things you should keep in mind before buying a bike insurance for your old bike.

• Bike Use & Type of Bike Insurance: Are you buying a bike insurance to just keep your old bike legal when you take it out, or protect it from damages and losses? Based on your bike’s use and type, you need to decide whether a third-party or comprehensive bike insurance works for you. 
• IDV of Your Bike: IDV is the market value of your bike. Basis this, your bike insurance premium and your claim amount too during claims. Since your bike is an old one, set your IDV basis its current market value, and don’t forget to also account for the depreciation over the years!

• Additional Covers: When you opt for a two-wheeler comprehensive insurance, you will be given the option to add additional covers to your policy to give your bike extensive coverage. As per the use and age of your bike, you can pick a combination of add-ons that will help you cover for your bike in all possible situations. However, if you’re planning to buy a bike insurance for your old two-wheeler, see which add-ons would be applicable or not. For example; A Return to Invoice cover may not be applicable if your bike is more than five years old.

Know more about Old Bike Insurance.

Buying bike insurance online not only makes things easier and more convenient for you, but also helps reduce costs and hence, your bike insurance premiums!

• Saves Time: Buy policy online wherever and whenever you want. That’s it!
• Customisation Available: Customise your IDV or opt for a combination of different add-ons online.
• Zero Paperwork: No paperwork involved. Everything is literally just online!