Bike Insurance
General
Content Writer
Storyteller at heart, Manasvi brings 4 years of content and marketing experience to Digit. Whether it's writing SEO-optimised articles or a researched and insightful blog, she strives to transform ideas into creating impactful and engaging content.
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Content Writer
Storyteller at heart, Manasvi brings 4 years of content and marketing experience to Digit. Whether it's writing SEO-optimised articles or a researched and insightful blog, she strives to transform ideas into creating impactful and engaging content.
Product Head - Motor
Mayur specializes in motor insurance and is responsible for overseeing the development and management of motor insurance products. With expertise in product strategy and market analysis, he focuses on developing customer-centric insurance solutions.
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Product Head - Motor
Mayur specializes in motor insurance and is responsible for overseeing the development and management of motor insurance products. With expertise in product strategy and market analysis, he focuses on developing customer-centric insurance solutions.
Bike Insurance Price & Policy Renewal Online in 2025, Up to 80% Off
Bike insurance offers financial protection for your two-wheeler against accidents, theft, natural disasters, and third-party damages. It ensures you're not burdened with unexpected repair or replacement costs, giving you peace of mind every time you ride.
You can now buy or renew bike insurance online in just a few minutes. With the right policy, you get comprehensive coverage, helpful add-ons like zero depreciation and roadside assistance, and a smooth, hassle-free claims process, so you can enjoy the road ahead, worry-free.
Table of Contents
Listen to the Audio Overview of this Article
What is Two-Wheeler Insurance?
What is Two-Wheeler Insurance?
Two-wheeler insurance is a motor insurance policy that offers financial protection for you and your bike against accidents, theft, fire, and natural disasters. It also covers third-party liabilities, including damage to other vehicles, property, or individuals. Whether you ride a motorcycle or a scooter. having insurance ensures you're covered from unexpected costs and legal risks.
You can choose a basic third-party policy to meet legal requirements or go for a comprehensive or Own-damage policy for complete protection. These plans can be further customized with add-ons like zero depreciation, engine protection, and roadside assistance, giving you peace of mind every time you hit the road.
Why is a Two-Wheeler Insurance Mandatory in India?
Two-Wheeler Road Accidents
According to the Ministry of Road Transport and Highways, Two-Wheelers are one the highest contributing factors of road accidents in India. This is a huge factor alone that led to making at least a Third-Party Bike Insurance mandatory by the Motor Vehicles Act.
Protects the Third-Party
Accidents are prone to happen, but what happens to the third-party affected? One of the reasons why third-party bike insurance is mandatory is so that in unfortunate situations, the affected vehicle or person can be protected by ensuring all damages and losses are covered.
Eases Legal Complications
When one gets into an accident, damages alone aren’t the source of worry. It is the legal process too that bothers one, due to the time and energy spent on it. However, with the right bike insurance in place, legal processes too would be taken care of efficiently.
The Hidden Costs of Not Having Bike Insurance - Hear It from the Expert!
Many bike owners skip insurance thinking they’ll save money. However, an uninsured accident can cost anywhere between ₹10,000 to ₹1 lakh for damages, medical expenses, and can be much higher for third-party liability claims. On the other hand, a comprehensive bike insurance policy starts at just ₹800–₹1,500 per year, making it a much smarter financial choice.
Mayur Kacholiya
Product Head - Motor
Why Do You Need Two-Wheeler Insurance in India?
Here’s why getting a bike insurance policy is beneficial for you:
Coverage for Third-Party Damage
One of the problems people dread when they get into any kind of accident is the countless banter faced between third parties due to damage or losses caused. Having a bike insurance policy in place ensures the affected party will be covered and hence lessens the problems faced!
Get Extensive Coverage with Add-ons
When you opt for a comprehensive bike insurance policy, you have the benefit of customizing it with useful add-ons like a return to invoice cover, zero depreciation cover, breakdown assistance, consumables cover and tyre protection amongst others that will give your bike complete protection, against all the odds!
Stay Clear of Traffic Penalties
Since it’s primarily illegal to ride in India without at least a basic, Third-Party Bike Insurance; not having one can lead to heavy traffic penalties. Believe it or not, you save more on buying insurance for your bike than getting caught even just once for not having one!
Be Covered, Legally!
According to the Motor Vehicle Act, it is mandatory to at least have Third-Party Bike Insurance. Without it, you can’t ride legally on Indian roads! Therefore, one of the benefits of buying a bike insurance policy is that of being covered legally.
Protect your Pocket from Dents
Insuring your bike with a two-wheeler insurance policy ensures your pocket doesn’t face any dents due to unfortunate losses and damages in the likelihood of an accident, natural calamity, fire or theft.
Why Two-Wheeler Insurance is a Must-Have for Indian Roads - Hear It from the Expert!
With over 75% of vehicles in India being two-wheelers, the risk of accidents is significantly high. A study by the Ministry of Road Transport & Highways states that 40% of road fatalities in India involve two-wheelers. Having comprehensive insurance ensures financial protection against third party liability accidents and own vehicle repairs including theft or total loss.
Mayur Kacholiya
Product Head - Motor
Important Two-Wheeler Insurance Statistics in India
The demand for two-wheelers is rising exponentially in India, which calls for the increasing need of two-wheeler insurance as well, leading to India’s motor insurance market size estimate at ₹1.53 trillion by 2028.
Here are other important statistics related to two-wheeler insurance in India.
Different Types of Two-Wheelers Covered in India
Different Types of Two-Wheelers Covered in India
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.
Two-Wheeler Insurance Plans that Fit Your Needs
Third-Party
A Third-Party Bike Insurance is one of the most common types of bike insurance;in which only damages & losses caused to a third-party person, vehicle or property are covered.
Comprehensive
A Comprehensive Bike Insurance is one of the most valuable types of bike insurance that covers both third-party liabilities and damages to your own bike as well.
Standalone Own Damage Plan
The Own Damage Plan is for yourself – it covers loss and damage only to your own two-wheeler in case of accidents and collisions, natural calamities, fires, and thefts.
Third Party
Comprehensive
Own Damage
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Damages/Losses to own two-wheeler due to an accident |
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Damages/Losses to own two-wheeler in case of fire |
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Damages/Losses to own two-wheeler in case of a natural calamity |
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Damages to Third-Party Vehicle |
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Damages to Third-Party Property |
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Personal Accident Cover |
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Injuries/Death of a Third-Party Person |
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Theft of your scooter or bike |
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Customize your IDV |
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Extra protection with customized add-ons |
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Know more about the difference between comprehensive and third party two wheeler insurance
Why Choose Digit Two-Wheeler Insurance Policy?
Your bike insurance not only comes with a super easy claim process, but also with the option to choose a cashless settlement
Cashless Repairs
9000+ Cashless Network Garages for you to choose from across India
Smartphone-Enabled Self Inspection
Quick and paperless claims through Smartphone enabled processes that make you go "That's it?"
Super-Fast Claims
We’ve settled 96% of all two-wheeler claims! Experience claims that make you go “that’s it?”
Customize Your Vehicle IDV
With us, you can customize your vehicle IDV as per your choice!
24*7 Support
24*7 call facility even on National Holidays
Complimentary Wellness Benefits
Get exclusive wellness benefits on the Digit App offered by top-rated health and wellness partners.
Key Features of Digit's Two-Wheeler Insurance
What’s Covered in Two-Wheeler Insurance by Digit?
Accidents
Damages and losses that may arise due to an accident or collision
Theft
Covers for your losses in case your two-wheeler is unfortunately stolen!
Fire
Damages and losses to your two-wheeler in case of an accidental fire!
Natural Disasters
Damages caused to your two-wheeler due to nature’s many furies, such as due to floods, cyclones, etc.
Personal Accident
Covers for your expenses in cases where you’ve hurt yourself too bad!
Third Party Losses
When a person, a vehicle or a property is hurt or damaged due to your bike's actions.
Coverage for Unexpected Situations and Weathers - Hear It from the Expert!
In many locations where road infrastructure is poor or have potholes and waterlogging as common, there are high chances of people riding two-wheelers meeting with an accident. Besides, such accidents cause big damage to two-wheelers, including chassis and suspension bend, alloy bend, etc., leading to financial stress. Having a comprehensive insurance can help reduce such financial burden.
Mayur Kacholiya
Product Head - Motor
What’s Not Covered?
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:
Own Damages for Third-Party Policy holder
In the case of a Third-Party or Liability Only Bike Policy, damages to own vehicle won’t be covered.
Drunk Riding or without a Licence
Your bike insurance won’t cover for you in situations where you were riding drunk or without a valid two-wheeler licence.
Add-Ons Not Bought
Some situations are covered in add-ons. If you haven’t bought those add-ons, the corresponding situations will not be covered.
Contributory Negligences
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)
Consequential Damages
Any damage which is not a direct result of the accident (e.g. after an accident, if the damaged two-wheeler is being used incorrectly and the engine gets damaged, it is considered as consequential damage and it will not be covered)
Driving without a valid Driving Licence Holder
If you hold a learner’s licence and were riding your two-wheeler without a valid licence-holder on the pillion seat- then your claim in those situations won’t be covered.
Why Theft Protection is Crucial for Two-Wheelers - Hear It from the Expert!
Two-wheeler theft is a major issue in India, with over 2 lakh bikes stolen annually. Without comprehensive insurance, bike owners face a complete financial loss. A comprehensive policy ensures you get compensated for theft, minimizing your risk.
Mayur Kacholiya
Product Head - Motor
Add-On Covers with Digit Two-Wheeler Insurance
Two-wheeler insurance add-ons which you can buy with your Two Wheeler insurance policy
Daily Conveyance Benefit
The add-on cover of daily conveyance benefit will ensure that you are compensated for your transportation cost during the period when two-wheeler is under repair subject to applicable time excess. A policyholder can be compensated in the form of fixed allowance per day or coupons from taxi operators from an amount equal to per day fixed allowance.
Engine & Gear-box Protection Cover
Do you know that the cost of replacing your engine is approximately 40% of its cost? In a standard two-wheeler insurance policy, only damages caused during the accident are covered. However, with the engine and gear-box protection add-on cover, you can specifically cover the life of your vehicle for any consequential damages caused post the accident.
Tyre Protect
The tyre protect add-on cover is offered only to vehicles fitted with run flat technology. As part of it, the cost of replacing damaged tyres with equivalent or near equivalent to the one being used in the vehicle, labour and wheel balancing charges can be reimbursed. However, claims made under the add-on cover is subject to conditions set forth under the vehicle insurance policy.
Consumable Cover
The add-on of consumable cover adds an additional shield to your two-wheeler. Covers the cost for all your bike’s nitty-gritties such as the engine oils, screws, nuts and bolts, grease, etc. in the event of an accident.
Return to Invoice Cover
If you fall into a situation where your bike is stolen or damages beyond repair, this add-on comes in handy. With return to invoice add-on, we will cover the costs of getting you the same, or similar bike- including the road tax and registration fees for the same
EV Shield Add-on Cover
This EV Shield add-on cover for electric two wheeler in India will protect you and your vehicle against any loss or damage to the electrical panel for the vehicle charging point, vehicle charger including charging cable, and offer roadside assistance services specific to EVs.
Zero Depreciation Cover
Think of it like an effective anti-ageing cream for your bike and its parts. Usually, the required depreciation amount is always taken in account during claims. However, a zero-depreciation cover ensures no depreciation is taken into consideration, so you get the full value of the cost of repair/replacement during claims.
Breakdown Assistance
The roadside assistance add-on ensures we’ll always be there for you and your two-wheeler in case of any breakdowns. The best part? Asking for our help doesn’t even count as a claim.
What Our Customers Have to Say about Us
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Digit Bike Insurance in News
Watch this Video to Understand How Digit is Simplifying Bike Insurance?
In the event of a bike accident, Digit makes the claims process easy and efficient. Capture a video of the damage and file your claim instantly through the app; no paperwork is required! Experience swift approvals, allowing you to hit the road again stress-free!
Complimentary Wellness Benefits for Digit Two-Wheeler Insurance Customers
With your Digit Two-Wheeler Insurance, you also get exclusive access to a wide range of wellness perks, making taking care of yourself as well as your two-wheeler easier and more affordable:
Unlimited 24×7 Teleconsultations with General Physicians
Get expert medical advice anytime, anywhere.
Mental Health Consultation & Services
Consult the best and most trusted therapists at affordable rates, with up to 50% off
Diagnostic Tests & Health Check-Ups
Stay ahead of health concerns with affordable screenings and lab tests.
Specialist Teleconsultations
Speak to top specialists in Mental Health, Women’s Health, Diet & Nutrition, and more, at flat 50%!
Women's Health Care Programs
Pregnancy Care Programs, access to Mum Support Group, PCOS/PCOD Care Programs, Maternity Support and much more!
Physiotherapy Sessions
Stress and Pain relief covered with exclusive discounts on Physiotherapy consultation and session bookings.
Dental Consultation Offers
Avail unlimited, free dental consultations and exclusive discounts on dental treatments.
Sexual Wellness
Get flat 15% discount on Sexual Wellness Programs!
Chronic Care Support Programs
Personalized assistance for long-term health conditions.
Why is It Important to Renew Your Two-Wheeler Insurance Policy on Time?
Why is It Important to Renew Your Two-Wheeler Insurance Policy on Time?
Renewing your bike insurance policy on time is crucial to avoid financial setbacks, legal trouble, and loss of valuable benefits. Here's why timely renewal matters,
- You’ll Lose Out on Your No Claim Bonus (NCB): Your NCB is a reward for not making any claims during your policy period. It can significantly reduce your premium—up to 50% in some cases. However, if you don’t renew your policy within 90 days of expiry, you lose this bonus and the discount that comes with it.
- Higher Chances of Paying a Penalty: Driving without valid insurance is a legal offence under the Motor Vehicles Act, 1988. You could be fined up to ₹2,000 or even face imprisonment for up to 3 months. Repeated offenses can lead to harsher penalties.
- Bear the Financial Brunt: Without an active policy, you're personally liable for any damages, medical expenses, or third-party claims in case of an accident. This can lead to significant financial hardship, especially if the incident is severe.
- Higher Premiums on Renewal: A lapsed policy often results in higher premiums when you try to renew or buy a new one. The loss of continuous coverage and NCB benefits contributes to this increase.
- Legal Liability for Third-Party Claims: In the event of an accident involving third-party injury or property damage, you’ll be legally responsible for compensation if your insurance has expired. This can be financially devastating without coverage.
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When is the Right Time to Renew Two-Wheeler Insurance - Hear It from the Experts!
The best time to renew your two-wheeler insurance is at least 5-7 days before the policy expires. This ensures continuous coverage, protecting you from financial and legal risks. If your policy lapses, you may lose benefits like the No Claim Bonus (NCB), and insurers may require a fresh inspection before reactivating the policy.
Mayur Kacholiya
Product Head - Motor
Which Two-Wheeler Insurance Policy is the Best for You?
Priya, 28 Year Old Female (Bike Enthusiast)
Being the owner of a luxury bike might make you feel proud but you need to safeguard it against all types of damage and mishaps. You can get a comprehensive two-wheeler insurance as it covers both third-party liability and own damage. For enhanced protection, you can purchase appropriate add-ons, like Zero Depreciation Cover or a Return to Invoice Cover to protect it in case of theft or total loss. Engine Protection Cover and Consumables add-on also helps to cover its expensive engine and replacements cost of consumables, respectively.
Ritesh, 28 Year Old Male (Rides 8-year-old Bike Daily to Office)
Many motorcycle owners tend to overlook the importance of two-wheeler insurance for a 8-year-old two-wheeler, but it is legally required to have at least third-party insurance. It is also advisable to have own-damage coverage, which provides protection for repairs or replacement in the event of accidents, theft, fire, natural disasters, and more. It is also better to get a comprehensive bike insurance as it will protect your bike against a number of factors, which is important since you drive your bike daily.
Ram, 40 Year Old Male (Still Owns Decades Old Scooter, Locked in a Corner)
Some possessions hold sentimental value, like the scooter that has been in your family for generations. Although it is rarely used, it is still necessary to have at least third-party insurance coverage to comply with legal requirements. Since you don't actively ride the scooter, you can choose to forgo comprehensive insurance and add-ons.
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 Choose the Right Two-Wheeler Insurance?
How to Choose the Right Two-Wheeler Insurance?
- 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.
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Why Choose Digit for Your Two-Wheeler Insurance Renewal?
It doesn’t matter whether your old two-wheeler insurance policy was with us or not, choosing Digit for two-wheeler Insurance renewal is easy and hassle-free and can be done within minutes online.
Looking to renew your two-wheeler insurance policy with us for the first time? Here are some benefits to look forward to:
Claims that Make You Go “That’s it?”
Everyone’s primary objective of buying a two-wheeler insurance is so that they can get their claims done easily during times of need. Luckily, with all our processes everything from making a claim to assessing two-wheeler damages can be done online.
Cashless Car Repairs
The last thing you want to do at the time of an accident is spend unnecessarily from your pocket. That’s why we offer the option of cashless repair, where you can just drop by at any of our network garages and get your claimed repairs done without any extra money spent.
Large Network of Garages
You can avail cashless services only at our network garages but lucky for you, we have 9000+ cashless garages spread across the country that you can choose from.
Doorstep Pickup & Drop
As and when the need arises, such as if your car can’t be repaired in time, we offer our pickup and drop services, so you don’t have to worry about the logistics.
24x7 Support
So, that no matter what time or day it is, we’ll always have your back.
Customize Your IDV
Don’t let anyone fool you into low premiums and even lower IDVs that can instantly affect the money you’d be liable to receive during claims. That’s why, at Digit we believe in transparency as we let YOU customize your IDV as required.
How to Buy/Renew Two-Wheeler Insurance with Digit?
Switch to Digit
Renew Existing Policy
Enter Bike Details
On the Digit App or website, enter bike’s registration number and select the policy status.
Choose a Plan
Select the type of bike insurance plan and choose desired add-ons.
Enter Personal Details
Enter your personal, nominee and vehicle details, and move to the next step.
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
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It is an official document issued by the Regional Transport Office (RTO) that proves your vehicle is legally registered under the Motor Vehicles Act.
Previous Year Insurance Policy
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A Previous Year Insurance Policy refers to the two-wheeler insurance coverage you had for the previous policy term, typically valid for one year. It includes details like:
- Policy Number: Unique ID of your old insurance plan.
- Coverage Type: Whether it was third-party or comprehensive.
- Insurer Details: The company that provided the coverage.
- Policy Expiry Date: The date the previous insurance lapsed.
- No Claim Bonus (NCB): A discount earned if no claims were made.
Documents for KYC Verification
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Inorder to buy a two-wheeler insurance policy online a KYC verification is needed for which various documnets such as your PAN/Aadhar/DL/Voter ID/Form 16/Passport is required.
Why Buying a Two-Wheeler Insurance Online Makes Sense?
Why Buying a Two-Wheeler Insurance Online Makes Sense?
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!
How to Calculate Bike Insurance Premium?
Provide Bike Details
Enter your bike’s registration number and select if your policy is expired or not.
Select Policy Type
Choose from the types of plans available- comprehensive, third-party or own damage.
Choose Add-ons
Select your insurance policy tenure and any required add-ons from the list.
Check Premium
On the bottom-left of the page, you will be able to see your bike insurance premium amount.
Third-Party Bike Insurance Premium Rates
The third-party bike insurance premium is charged based on a bike’s engine capacity. Let’s have a look at the prices for the year 2019-20 vs 2022
Third-Party Premium for New Two-Wheelers (5-Year Single Premium Policy)
Premiums for New Electric Vehicle (EV) Two-Wheeler (1-Year Single Premium Policy)
Premiums for New Electric Vehicle (EV) Two-Wheeler (5-Year Single Premium Policy)
What are the Factors Affecting Two-Wheeler Insurance Premium?
What are the Factors Affecting Two-Wheeler Insurance Premium?
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.
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How to Reduce Your Two Wheeler Insurance Premium?
How to Reduce Your Two Wheeler Insurance Premium?
- If you have had no claims for more than 4-5 years, you can look at increasing your Voluntary Deductible, which will help decrease your bike insurance premium.
- Maintain a good driving record, as cautious driving and avoiding accidents will reflect well on your insurance record, thereby reducing your premium.
- Make sure you do not file claims for small scratches or accidents as then you can get a No Claim Bonus during your bike insurance renewal each year.
- Add-ons come at an additional price; therefore, to reduce your premium, choose only those add-ons that are relevant to you and your car.
- Always renew your car insurance policy before its expiry date. This won’t only eliminate the time-consuming pre-inspection process for your car but will also ensure you can include your NCB and get a discount.
- If you modify your bike with any security-enhancing equipment, it increases the safety of your bike, and hence decreases the premium.
- Talk to your insurance company. If you feel you’re still 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.
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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?
File a Claim
Track Claim Status
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.
Digit's Cashless Garages
Get cashless repairs at 9000+ garages across India
What is Cashless Bike Insurance?
What is Cashless Bike Insurance?
Cashless bike insurance means your insurer pays the approved claim amount directly to an authorised garage, so the policyholder doesn’t have to pay anything upfront for covered repairs.
All you need to do is inform your insurer, get the damage assessed, and take your bike to a network garage. However, it’s important to note that not all expenses, like deductibles, depreciation, or excluded repairs, are covered under a cashless claim; in this case, the insured has to pay out of their pockets.
73% Two Wheeler Repair Work Approvals done within 12 hours
73% Two Wheeler Repair Work Approvals done within 12 hours
- In H2 FY25, our average two-wheeler repair approval time was 14 hours and 32 minutes, with 73% of approvals completed within 12 hours. Only a few cases experienced longer wait times, typically due to complex assessments or the need for additional documentation, highlighting our commitment to minimising delays and maximising efficiency.
- Rest assured, we carefully monitor every step to ensure your two-wheeler is back on the road as swiftly as possible!
Digit’s Motor Insurance Claim Settlement Ratio is 96% for FY’25
Digit’s Motor Insurance Claim Settlement Ratio is 96% for FY’25
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!
Digit Settled 9.16 Lakh Claims with 99.9950% Accuracy in FY'25
The below data is for all the products as given in the table below.
Settled 9.16 Lakh Claims Settled
That’s how many times we showed up for our customers in FY 2024–25. Behind each of those numbers is a mishap, and we were right there, making sure things got sorted quickly.
Out of these, nearly ₹6.52 lakh were motor insurance claims alone—proof that we’re there when it matters most, whether it’s something trivial or serious.
₹4,622 Crore Paid in Claims
From minor hiccups to major emergencies, we made sure our customers didn’t have to carry the financial burden alone. Quick settlements, zero confusion, and real peace of mind.
Of this, ₹2,199 crore was paid out under motor insurance, covering everything from accidents to unexpected situations like rat damage.
99.9950% Claims Accuracy
Out of 9.16 lakh claims in FY 2024–25, only 256 were escalated to the Hon’ble Ombudsman^. Out of which only 46# were escalated and ruled in favour of the customer. This significantly proves the claim's accuracy rate of 99.9950%.
For Motor Claims, out of 256 escalated claims for Digit, just 124 were motor-related. By year-end, 104 motor claims were closed, with 28 resolved through mediation. Only 26 health claim decisions went in favour of customers.
Ombudsman Complaints for FY 2024-25
The below information is a summary of escalated claim cases reviewed by the Hon’ble Ombudsman in FY 2024–25.
Disclaimer: ^This data pertains to cases reported to various offices of the Hon’ble Insurance Ombudsman. Customers have the option to approach the Consumer forum as well; #Only includes complaints arising from claims. The company had a total of 11 complaints arising from non-claims, i.e., policy-related grievances (5 won, 2 settled, 1 lost, and 3 outstanding). One non-claim complaint where the decision went in favour of the complainant is not included in the numerator while calculating claims accuracy.
How is AI making Digit’s Motor Insurance Claim Process Faster & Smarter?
How is AI making Digit’s Motor Insurance Claim Process Faster & Smarter?
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.
Interesting Insights & Claim Stories of Digit Customers
A Digit Two Wheler Insurance Customer Received a Total Loss Claim of ₹3.22 Lakh in Bengaluru
In a recent case from Bengaluru, one of our policyholders experienced a total loss after their two-wheeler was severely damaged. Fortunately, the vehicle was insured, and we processed a claim payout of ₹3.22 lakh. This case highlights the importance of having dependable insurance coverage to stay prepared for life’s unexpected turns.
Digit Settled a Third-Party Claim Worth 1.12 Crores in Hoshiarpur, Punjab
In a recent case from Hoshiarpur, one of our policyholders was involved in a two-wheeler accident that tragically resulted in a third-party fatality. In this case, the vehicle was covered under a valid third-party insurance policy, and we processed a claim payout of ₹1.12 crore to address the resulting liability. This case highlights the vital role third-party insurance plays—even for smaller vehicles like two-wheelers—in offering essential protection during unforeseen events.
Rat Attacks on Two-Wheelers on the Rise
In Surat, a bike owner faced an unusual problem—rats chewed through the wire harness not once, but twice in a single year, all while the vehicle was parked safely at home! Thankfully, the insurance policy included coverage for such unexpected damages. Both times, the repair costs were fully covered, saving the owner from out-of-pocket expenses.
This case proves that insurance isn’t just for accidents or theft—it also protects against the most unexpected (and smallest) threats.
From Everyday Drives to Luxury Rides – Digit is the Trusted Insurance Choice
This year, we received some standout premium payments across different vehicle types. A Ferrari topped the list in the four-wheeler category with a premium of ₹8.04 lakh. In the two-wheeler segment, a Hayabusa was insured with a premium of ₹44,000. And in the commercial vehicle category, a Volvo L150 wheel loader was covered with a premium of ₹3.53 lakh. This highlights how our insurance scales to match the value and purpose of every vehicle, whether it’s built for speed, style or strength.
How to Avoid Claim Rejections for Two-Wheeler Insurance?
How to Avoid Claim Rejections for Two-Wheeler Insurance?
- 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.
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Important Articles about Two-Wheeler Tips
What is Insured Declared Value (IDV) in Two-Wheeler Insurance?
What is Insured Declared Value (IDV) in Two-Wheeler Insurance?
- IDV is the maximum amount your insurance provider can give you, in case your bike is stolen or totally damaged.
- The insured declared value in two-wheeler insurance 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.
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How is Depreciation Calculated in Two-Wheeler Insurance?
The Insured Declared Value (IDV) of the two-wheeler is adjusted for depreciation value of your bike as per the below table.
In the table, age-wise depreciation is applicable for only Total Loss/Constructive Total Loss (TL/CTL) claims.
What is Zero Depreciation in Two-Wheeler Insurance?
What is Zero Depreciation in Two-Wheeler Insurance?
Zero Depreciation is an add-on cover that ensures you receive the full cost of repair or replacement without any deduction for depreciation, provided repairs are done at the chain of garages approved by the insurer.
Usually, parts like bumpers, metal, or fiberglass components lose value over time due to depreciation. In case of damage, this reduces your claim amount. With Zero Depreciation, that reduction is waived, and you get the full compensation.
What is No Claim Bonus (NCB) in Two-Wheeler Insurance?
What is No Claim Bonus (NCB) in Two-Wheeler Insurance?
No Claim Bonus is a discount on premium given to the policyholder for having a claim-free policy term. A no-claim 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-claim 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.
Why is It Important to Have Old Bike Insurance Policy?
Why is It Important to Have Old Bike Insurance Policy?
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.
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Why is It Important to have an Active Bike Insurance Policy for Second-Hand Bikes?
Why is It Important to have an Active Bike Insurance Policy for Second-Hand Bikes?
Let's understand why it's important to renew your expired bike insurance policy on time:
- You’ll Lose Out on Your NCB: NCB is your No Claim Bonus, that you may have accumulated over the years if you’ve never made a bike insurance claim yet. This accumulates bonus usually helps you get a discount on your next bike insurance renewal. However, if you don’t do so before your bike insurance’s expiry date, you may lose out on your NCB completely!
- Higher Chances of Paying a Penalty: As per the revised Motor Vehicle Act, anyone caught without a valid bike insurance is liable to pay a penalty of Rs 1,000 to Rs 2,000 for the first penalty and up to Rs 4,000 for the second time. Renewing your bike insurance on time will ensure you don’t get caught in such a situation.
- Bear the Financial Brunt: The whole purpose of having a bike insurance is to protect yourself from unexpected expenses that could arise out of both minor and major accidents or even natural calamities. Not renewing your bike insurance on time, could lead to losses that you may have to overcome in the likelihood of the same.
Know more about Renew Expired Bike Insurance Policy
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FAQ's about Buying Two-Wheeler Insurance
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Two Wheeler Insurance for Popular Models in India
Need Help?
Have queries related to Digit motor insurance policy? You can refer to our Policy Wordings for detailed information or reach out to our support team via WhatsApp self-support, email or phone using the information below:
Connect with our self-serve chat bot support - 7026061234
Write to us at hello@godigit.com
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