Mumbai is India's second most populated city and an alpha world city. It is the financial capital of India, with the highest number of millionaires and billionaires.

 The city attracts lakhs of migrants and workers from all over the country. In addition, higher standards of living have led to a massive growth of private vehicles. Flood, congestion and theft are quite common. To protect yourself from such situations, you need to have a two-wheeler insurance policy.

Moreover, the Motor Vehicles Act of 1988 has made it mandatory for every vehicle owner to purchase a third-party insurance cover. Thus, if you are looking for a two-wheeler insurance policy, try out Digit. Their online claim settlement process is quick and hassle-free, negating the need to submit any document hard copies. You can also customise add-ons as per your need and budget.

Here's more.

Following are the two wheeler insurance add-ons available in Mumbai:

• Zero Depreciation Cover
• Return to Invoice Cover
• Engine & Gear-box Protection Cover
• Consumable Cover
• Breakdown Assistance
• Tyre Protect
• Daily Conveyance Benefit
• EV Shield Add-on Cover

Bollywood. Vada Pav. Tiffin and of course the rain! Mumbai, the capital of Maharashtra, is the second-most populous city in India after Delhi. Mumbai is home to three UNESCO World Heritage Sites: Elephanta Caves, Chhatrapati Shivaji Maharaj Terminus, and the city's distinctive ensemble of Victorian and Art Deco buildings.

Mumbai has very many faces. It is the financial, commercial as well as the entertainment capital of India. Being the centre seat for commercial transactions in India, Mumbai holds one of the top ten positions in the global financial flow.

Challenges faced by Mumbaikars in riding a two-wheeler in the City

• The charm of Mumbai and its fallbacks: Mumbai is a cornucopia of opportunities. The city’s thronging population is proof enough for the vast amount of potential it holds when it comes to the higher standard of living and job opportunities. Migrants keep flocking to this city in search of better days. This also results in encroachments around the city with illegal settlements even on footpath, resulting in suffocated traffic movement. Moreover, the chances of accidents increase manifolds within close proximity. The total road accidents registered in Mumbai in 2017 was 3,160, out of which 467 were fatal while 2,603 were severely injured.
• Better living. More vehicles. More pollution: The road space share of private vehicles in the city has gone up from 59% to 77% in over two decades, with two-wheelers constituting ~28.4% of the total traffic. The subsequent road share is driven by the increased sale of two-wheelers which rose by 20.3% in 2018 due to increasing purchasing power and ease to buy (on EMI or credit basis). The city faces with bumper to bumper traffic and unacceptable air pollution level. Mumbai has surpassed New Delhi in air pollution lately and has become the city of smoke.
• More rain. Flood. Theft. Damage: Mumbai turns into an open river during monsoon causing grave damage to vehicles. Quite a few of the vehicles are robbed and stolen due to parking issues and majority are completely damaged post the rains. The engine is the worst affected due to percolation of water into them.
• One of the most congested in the entire world: According to a recent study, the average time of traffic congestion in Mumbai increased by 65% during peak hours with a congestion rate of 95%. It is also now considered the most congested cities in the world, largely due to lack of any mass transportation behaviour. 

Digit’s bike insurance plan offers protection against financial losses raised from unfortunate events. 

The two major plans offered are:

• Comprehensive Insurance Plan - This covers losses caused to your bike by accidents, fires or natural disasters, theft, etc. and the third-party liability as well
• Third-Party Insurance Plan: This covers only third party damages like injury or death or damage caused to the property/vehicle when you are at fault.

• A comprehensive plan for all: In terms of several challenges in Mumbai, Digit’s comprehensive plan is the best option for two-wheeler owners to safeguard the vehicle against any unforeseen event, be it natural calamity like flood, theft, or any damage caused in bumper to bumper traffic.
• Additional covers available: Digit offers add-on features or optional covers to increase the level of coverage provided under the comprehensive policy. The engine and gearbox protection cover is a must-have in Mumbai due to its climatic adversity. Also, zero depreciation can be very useful when your bike is new because the vehicle is always vulnerable to damages in Mumbai traffic.
• Avoid heavy fines: The traffic rules are becoming stricter day by day to make the roads safer. So the penalty amounts against the traffic violations are touching skies. If your bike is not insured then you are not legally permitted to ride on Indian roads, for this offence you will attract a penalty amount of ₹2000 and/or imprisonment of 3 months.