Bike Insurance

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.
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 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.
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.
Mayur Kacholiya
Product Head - Motor
Here’s why getting a bike insurance policy is beneficial for you:
Mayur Kacholiya
Product Head - Motor
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.
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.
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
Your bike insurance not only comes with a super easy claim process, but also with the option to choose a cashless settlement
Mayur Kacholiya
Product Head - Motor
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:
Mayur Kacholiya
Product Head - Motor
Two-wheeler insurance add-ons which you can buy with your Two Wheeler insurance policy
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:
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,
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Mayur Kacholiya
Product Head - Motor
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.
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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:
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.
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
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!
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.
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
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:
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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.
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.
Get cashless repairs at 9000+ garages across India
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.
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!
The below data is for all the products as given in the table below.
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.
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.
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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.
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.
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.
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.
Know more about Old Bike Insurance.
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Let's understand why it's important to renew your expired bike insurance policy on time:
Know more about Renew Expired Bike Insurance Policy
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Two Wheeler Insurance for Popular Models in India