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Buy Zero Depreciation Two Wheeler Insurance Cover Online
We all want to protect the things that we love, it’s human nature and especially if it’s your two-wheeler that you’ve just recently bought! Imagine if there was something that could ensure that the things dearest to us always stayed as good as new.
Of course, magic doesn’t exist but in comprehensive bike insurance, we have something called the zero depreciation cover, and that kind of aims to do something like that. To keep your bike as good as new, as young as it was when you just got it. Think of it as your bike’s very own anti-ageing cream. Don’t get it? Hang on, we’ll explain.
Table of Contents
What is Zero Depreciation Bike Insurance Add-on?

What is Zero Depreciation Bike Insurance Add-on?
- Zero Dep insurance for bike add-on cover, also known as bumper-to-bumper or nil depreciation cover, available with a comprehensive or own damage insurance policy, ensures that you get the complete claim amount.
- If you have this add-on cover, the insurer will not deduct the depreciation amount on the assessed two-wheeler parts as per the policy document, so in simple words, your bike will remain as good as new.
- However, remember that the zero dep bike insurance benefits can only be utilized up to a specified number of times during the policy period.
How Does a Bike Insurance Work?
Bike insurance is a contract between you and the insurer, offering financial protection for your bike against accidents, natural disasters, theft, and other unforeseen events. Here’s how it works:
Choose a Policy
Select a bike insurance plan – third-party, comprehensive, or own damage – and add-ons that fit your needs and budget.

Buy or Renew Policy
Purchase or renew your bike insurance online instantly with Digit, with minimal paperwork.
Pay Premium
Make regular payments (annually or in installments) based on factors like bike’s age, model, IDV, NCB, and coverage type.
File a Claim
If your bike is stolen or damaged in an accident, you can file a claim with your insurer, who after damage assessment will settle the claim as per the policy terms.
Is Zero Depreciation a Policy Type or an Add-on?

Is Zero Depreciation a Policy Type or an Add-on?
Is Zero Depreciation Add-on Cover Available for All Types of Vehicles?

Is Zero Depreciation Add-on Cover Available for All Types of Vehicles?
- Zero dep bike insurance is available for most types of vehicles; however, it comes with certain conditions. Most insurers do not offer zero depreciation add-on for vehicles older than 5 years, as depreciation is more significant in older vehicles.
- Check: Use Bike Insurance Calculator to calculate the premium with different add-ons.
What is Depreciation Meaning in Bike Insurance?

What is Depreciation Meaning in Bike Insurance?
- Before we explain what zero depreciation means, let’s first learn what depreciation means. Depreciation in bike insurance comes into play when you make a claim for damage to your two-wheeler.
- It refers to the decrease in the market value of a two-wheeler over time due to its natural wear and tear. Thus, the older your bike, the higher is its depreciation, implying that the owner will have to bear the cost of depreciation.
- So, if your bike was worth ₹1 lakh when it was new, after 2 years its worth will reduce to ₹70,000. This implies that you suffered a depreciation of ₹30,000 on the bike.
Depreciation Rate in Two-Wheeler Vehicles Based on Age
Depreciation Rates for Different Parts in Two-wheeler Vehicles
What is the Cost of Zero Depreciation Add-on?

What is the Cost of Zero Depreciation Add-on?
- The cost of zero dep bike insurance cover depends on various factors such as the two-wheeler's model, make, policy premium, age of the vehicle, depreciation on bike parts, etc.
- The cost of zero dep in bike insurance makes sense only if your vehicle is comparatively new or has expensive bike parts, as then you get back the cost of depreciation on your bike parts. However, if the two-wheeler is older than 5 years, spending extra on zero dep add-on cover may not be a good decision.
What are the Benefits of Zero Depreciation Bike Insurance?

What are the Benefits of Zero Depreciation Bike Insurance?
Here's why you should get zero dep bike insurance add-on:
- It helps you maximize your savings during bike insurance claims as you won’t be spending much from your pocket.
- You get the benefit of getting the full claim amount (after compulsory deductions), since your insurer will no longer subtract your depreciation from your claim amount.
- The add-on acts as a layer of protection for your new bike and its expensive spare parts.
- It acts as an enhanced financial protection cover on your existing bike insurance policy.
Why Choose Two-Wheeler Insurance by Digit?
Your bike insurance not only comes with a super easy claim process, but also with the option to choose a cashless settlement
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What's Covered Under Zero Depreciation Add-on Cover?

What's Covered Under Zero Depreciation Add-on Cover?
Following things are covered under zero depreciation add-on cover:
- Compensation for depreciable bike parts i.e. nylon, rubber, fiberglass and plastic parts at the time of claim settlement.
- Your zero-depreciation cover is applicable on all your bike insurance claims, as long as your bike insurance is valid.
- The number of claims allowed under zero dep bike insurance vary based on the insurance company.
What's Not Covered?
What's Not Covered?
Under Zero Depreciation add-on cover, certain things in addition to the general exclusions listed under two-wheeler insurance are not covered, such as:
- If the bike insurance policy has expired.
- If the damage caused to the two-wheeler can’t be inspected before it is repaired, the claim will not be filed.
- Loss claimed for damage caused to the covered vehicle under different types of insurance policy.
- A claim will not be payable under Zero Depreciation add-on if it is not covered under OD section of the policy.
- If there is a delay of more than 30 days since the damage was caused.
- Zero dep insurance for bike is not applicable to parts like battery and tyres of the insured vehicle as per the policy.
- Damage caused due to mechanical faults.
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Types of Bike Insurance Plans in India

Types of Bike Insurance Plans in India
- Third-Party Liability Plan: Third-party bike insurance policy is one of the most common types of motor insurance that covers damages and losses caused to a third party, including injury, death, or property damage, due to an accident involving your vehicle. It is mandatory by law in India and the third-party premium is predetermined by the IRDAI.
- Comprehensive Insurance: Comprehensive bike insurance plan covers both third-party liabilities and damage to your own two-wheeler as well. It also allows you to purchase various add-ons with it to help enhance your bike insurance coverage.
- Standalone Own-Damage Insurance: Own Damage bike insurance plan covers damage to your own insured two-wheeler due to accidents, theft, fire, natural disasters, and other unforeseen events. It does not cover third-party liabilities; however, it works as an added protection with the third-party car insurance policy.
Is Bike Insurance with Zero Depreciation Add-on Better than a Policy Without Zero Depreciation?
Let us understand the calculation of zero dep bike insurance price with the help of an example.
Suppose Person A and Person B bought the same type of new bikes for ₹80,000. Now Person A secured it with only comprehensive bike insurance policy and Person B opted for a comprehensive plan with the zero depreciation bike insurance add-on.
Now suppose they both meet with a minor accident, so the difference in their repair cost of the damage can be calculated as:
Repair Cost Table
Consider the following cost invested by both persons.
Thus, total money spent by Person A is ₹1650 whereas by Person B is ₹2250. Though Person B spent more on bike insurance premium, he saved more as well.
Who Should Buy Zero Depreciation Bike Insurance Cover?
Note: These are just a few scenarios to help you easily understand the different policy covers. Please discuss with your insurer and advisor about the best policy for you. Remember to not take it as a recommendation from Digit.
How to Buy/Renew Zero-Depreciation Bike Insurance with Digit?
Enter Bike Details
On the Digit App or website, enter bike’s registration number and select the policy status.
Choose the Plan
Select the comprehensive bike insurance plan and choose the zero dep add-on.
Enter Personal Details
Enter your personal, nominee and vehicle details.
Make Payment
Complete the payment and mandatory KYC verification process.
That's It!
You’ll receive the policy document via email, SMS and WhatsApp. Also, you can access it 24X7 on the Digit App.
Documents Required to Buy Two-Wheeler Insurance Online
To buy Digit bike insurance online, a load of paperwork is not required. Furnish only the following documents to buy a new two-wheeler insurance policy within minutes:
Registration Certificate
Previous Year Insurance Policy
Documents for KYC Verification
How to Download Your Digit Two-Wheeler Insurance Policy Document?
After purchasing a two-wheeler insurance policy, it is essential to download and keep a copy for future reference. With us, you do not need to carry hard copies of your insurance policy. You can simply download it from our app. 🙂 Follow these simple steps to download your policy document from the Digit website or app:
Login Your Account
Visit the Digit website or app and click on ‘Login’ at the top-right corner. Enter your registered mobile number and verify with OTP.
Visit ‘Active Policies’
Once logged in, navigate to the Active/My Policies section. Here, you can check the policy number, end date & start date.
Download the Policy
Done! You can save, share, print or email the policy for future reference anytime, anywhere.
How to File & Track a Two-Wheeler Insurance Claim with Digit?
Login
Open the Digit App and go to the "File Motor Claim" option. Login and you'll be directed to the "File Motor Claim" page. Click on the policy card to start claim filing.
Provide Details
Fill in all the details related to the accident and damage to the bike.
Enter Personal Details
Update your personal details and that's it, your claim is successfully filed, and you will receive the next steps on your email & WhatsApp.
Which Add-ons to Buy with Zero Depreciation Cover?
Along with opting for zero dep bike insurance cover, the following add-ons are also recommended to enhance your two-wheeler insurance coverage:
Things to Remember about Zero Depreciation Insurance

Things to Remember about Zero Depreciation Insurance
- Zero dep insurance for bike add-on cover will not be valid once you have claimed for the specified number of times as mentioned in the policy document.
- The add-on covers only the cost of your two-wheeler's part depreciation at the time of filing claim and doesn’t cover your compulsory deductibles.
- Claims made by the insured under zero depreciation bike insurance add-on are subject to the terms and conditions of your two-wheeler insurance policy.
Thus, you can enhance the benefits of your standard two-wheeler insurance policy by opting for zero depreciation add-on cover, as it will help you get the full claim amount without considering the cost of depreciation.