Bike Insurance in Ranchi

Ranchi, the capital of Jharkhand, is the administrative hub of the state. Ranchi is an upcoming smart city, with many parts of the city seeing rapid growth in their economy and resources. Due to the increased development and improved urbanization, more and more people have been migrating into the city for better opportunities and living conditions.

The migration to the city has created pressure on its roads. With the administration not rising up to ease up the pressure, Ranchi’s roads have become a danger in disguise. It is rapidly witnessing massive economic and commercial growth that is leading to a rise in its population. This is, however, contributing to higher population, traffic congestion, and fatalities. On top of that, rash driving, illegal parking, and thefts are quite common.

Considering all this, it can be dangerous to ride your bike without a two-wheeler insurance policy in Ranchi. Also, the Motor Vehicles Act of 1988 mandates that all vehicle owners in the country must insure their vehicles against third-party risks.

If you are looking forward to purchasing a two-wheeler insurance policy, turn to a trusted insurance provider like Digit. You can choose from third-party, standalone, and comprehensive bike insurance policies to cover the losses and damages caused during an accident or mishap. You can also benefit from online claim settlement and 24/7 support.

Keep reading to know more about these insurance policies.

With Digit, your biggest hassle with insurance will be uprooted. The benefits are manifold of claim process, 24*7 service, a huge network of cashless garages, transparent policies, high claim settlement rates, customizable IDV, low premiums, etc.

• Choice of Plans: Digit offers three types of two-wheeler insurance. Third-party bike insurance, which covers only third-party liabilities such as injury, death, or property damage. Own damage bike insurance, which covers loss and damage to your own bike, which may be caused due to accidents and collisions, natural calamities, fires, and thefts. This works as an added protection with the third-party bike insurance policy, and lastly, there's comprehensive bike insurance, which covers both own damage and third-party claims.
• Avoid Heavy Fines: The traffic fines were elevated in the amendment in September 2019 of the motor vehicle act, and now the fine for riding without insurance is ₹2000. If you are repeatedly caught for the same offence, you can be slapped with a fine of ₹4000, and it can even lead to your imprisonment.  You will also be liable to have your licence cancelled. So, if you don’t want own damage cover, stand-alone third-party insurance can fulfill your legal mandate. 
  
• All-Round Protection With Comprehensive Plan: With a heavy propensity to accidents and third-party faults and other challenges in Ranchi, the comprehensive insurance policy becomes crucial. This policy is able to cover the damages to your two-wheeler, which is not possible if you are opting for a stand-alone third-party policy. Again, you can customize this with many add-ons to broaden the scope of coverage.
• Personal Accident Cover: Considering the fatality rate in road accidents in Ranchi, the “Personal Accident” cover is highly recommended, as it will take care of your financial liabilities if you suffer from a permanent disability or death in an accident. Unlike other add-ons, this can be purchased with a third-party or comprehensive plan.
• Suitable Add-Ons for Ranchi: The issue of theft makes the “Return to Invoice” cover unavoidable. Ranchi, being at a high altitude, experiences extreme summer, rainy, and winter conditions, which hamper the vehicles’ life. So “Zero Depreciation” cover is also a good fit. You can explore add-ons like the consumable cover, breakdown assistance, etc.

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

• 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