Electric Bike Insurance

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9000+ Cashless

Network Garages

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96% Claim

Settlement (FY23-24)

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24*7 Claims

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Manasvi Gupta

Written By:

Manasvi Gupta

Manasvi Gupta

Manasvi Gupta

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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Reviewed By:

Mayur Kacholiya

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Mayur Kacholiya

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.

EV Bike Insurance for Electric Bikes, Scooters & Two-Wheelers in 2025

What is Electric Bike Insurance?

Electric Bike Insurance

What is Electric Bike Insurance?

  • Electric bike insurance is a type of motor insurance that protects two-wheelers that run on electricity from potential damage and losses, which might happen in the case of an accident, a natural calamity or fire.
  • The EV insurance for two-wheeler by Digit is uniquely designed to cater to the specific needs of the electric vehicles such as battery coverage, electric motor, charging station coverage, repair costs for electric vehicles, etc.

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.

Why Should You Buy Electric Bike Insurance?

You can never predict what might happen to your beloved new electric two-wheeler. So, here’s why you should get best two-wheeler insurance in India for e-bikes:

Financial Protection

Financial Protection

EV bikes contain potentially expensive and unique components that can cost you a handful when repairing or replacing them. So, getting a comprehensive bike insurance policy for electric two-wheeler covers you financially for both third-party liabilities and own damage in unforeseen circumstances.

Peace of Mind

Peace of Mind

e-Bikes have many complex electrical and mechanical parts that could give you trouble at any time. So, having an e-bike insurance policy can be a great savior in an unfortunate event and can help you ride without any worries.

Mandatory by Law

Mandatory by Law

Also, as per the Motor Vehicle act, you should have at least a third-party two-wheeler insurance policy for electric bikes as it is mandatory by law.

Enhanced Coverage

Enhanced Coverage

With the comprehensive EV insurance policy, you can opt for different add-ons to enhance your coverage. For example, EV Shield add-on by Digit covers specific requirements related to electric vehicles such as electric motors, batteries, and charging systems.

Why Customers Trust Digit Two-Wheeler Insurance?

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8 Lacs+

Claims Settled

1000 Crore+

Paid-in Claims

96% Claims Settled

FY'25

9000+

Cashless Garages

Disclaimer: This count is for total number of claims settled for two wheeler policies since inception till 31st December-2024. This amount is for claims settled for two wheeler policies since inception till 31st December-2024. This Claim Settlement Ratio is calculated for Overall Motor line of business of Digit. CSR Is calculated for FY 24-25. CSR Ratio is count of (Claims paid + Claims Closed) / (Claims O/S at Start + Claims Reported - Claims O/S at End). The total count of network garages as of 31st December 2024.

Why Choose Electric Bike 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

Cashless Repairs

Cashless Repairs

9000+ Cashless Network Garages for you to choose from across India

Smartphone-Enabled Self Inspection

Smartphone-Enabled Self Inspection

Quick and paperless claims through Smartphone enabled processes that make you go "That's it?"

Super-fast Claims

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

Customize Your Vehicle IDV

With us, you can customize your vehicle IDV as per your choice!

24*7 Support

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.

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!

What Our Customers Have to Say about Us

4.7/5

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(250K + Customer Ratings)

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See All Reviews
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quote 6 Dec 2024
a great pleasure to be affiliated with you , Had met an accident and got the damaged parts replaced within a day after raising the claim . Thank You
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Shaaz Suhail Salafi

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quote 13 Dec 2024
Very good service. Within two minutes i renew my vehicle insurance online.
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Ajay Bharade

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quote 13 Dec 2024
Dear For todays world If any One wants to open a fresh Vehicle Insurance Policy which has all the transparency users frndly Plus the staff is very cooperative hats off. Wishing God bless for all yr future Endeavor 's. Sr Citizen-Policy-Investor
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DinShaw Sahukar

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quote 20 Dec 2024
Quick reaction on Road side assistance and continuous follow up till resolution. Happy with assistance in late night hours.
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Abhishek Sharma

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quote 13 Aug 2024
I had issue with the motor insurance policy and wanted to upgrade it. The customer care executive had enough patients to explain me everything point to point. Thanks a lot Sudip.
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Pratheesh R

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Key Features of Electric Bike/Scooter Insurance by Digit

Key Features Digit Benefit
Premium  Starting from ₹457 
Customizable Add-Ons  9 add-ons available 
Cashless Repairs  Available at 4400+ Garages with Doorstep Pickup & Drop 
Claim Process  Smartphone-enabled Claim process. Can be done online within 7 minutes! 

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.

BSVI Becomes the New Standard in Vehicle Insurance

BSVI Becomes the New Standard in Vehicle Insurance

BSVI-compliant vehicles now make up 39% of the insured fleet, surpassing BSIV at 36.46%. This shift reflects a growing move toward cleaner, more efficient vehicles. Insurance is evolving alongside the vehicles it protects.

From Everyday Drives to Luxury Rides – Digit is the Trusted Insurance Choice

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.

What’s Covered in Electric Bike Insurance by Digit?

Bike Accident

Accidents

Damages and losses that may arise due to an accident or collision

Bike Theft

Theft

Covers for your losses in case your electric two-wheeler is unfortunately stolen!

Bike got fire

Fire

Damages and losses to your electric two-wheeler in case of an accidental fire!

Natural Disaster

Natural Disasters

Damages caused to your electric two-wheeler due to nature’s many furies, such as due to floods, cyclones, etc.

Personal Accident

Personal Accident

Covers for your expenses in cases where you’ve hurt yourself too bad!

Third Party Losses

Third Party Losses

When a person, a vehicle or a property is hurt or damaged due to your bike's actions.

Add-on Covers with Electric Bike Insurance by Digit

You can opt for the following two-wheeler add-ons under electric scooter insurance:

EV Shield Add-on Cover icon

EV Shield cover

EV Shield add-on covers loss or consequential damage to your e-bike or Hybrid Vehicles (petrol/diesel + electric), including loss or damage to the electrical panel for the vehicle charging point, vehicle charger, including charging cable, and roadside assistance services related to vehicle’s battery issues.

Zero Depreciation Cover icon

Zero Depreciation Cover

A zero-depreciation cover ensures no depreciation of electric bike parts is taken into consideration, so you get the full value of the cost of repair/replacement during claims.

Return to Invoice Cover icon

Return to Invoice Cover

This add-on protects you in case your electric bike is stolen or damaged beyond repair. With return to invoice add-on, you get back the complete amount of your bike’s invoice value, including the road tax and registration fees for the same.

Daily conveyance benefit icon

Daily Conveyance Benefit

Daily conveyance benefit compensates you for transportation cost incurred when your electric bike is under repair, subject to applicable time excess.

Consumable Cover icon

Consumable Cover

Consumable cover provides an additional shield to your two-wheeler by covering the cost for all your bike’s nitty-gritties such as screws, nuts and bolts, grease, etc. in the event of an accident.

Breakdown Assistance icon

Breakdown Assistance

By opting for roadside assistance add-on you ensure that your insurer is there for you and your electric bike in case of any breakdowns – and the best part of this add-on is that it doesn’t count as a claim!

Tyre Protect Cover icon

Tyre Protect

The tyre protect add-on cover is applicable only if your e-bike is fitted with run flat technology. Under this, you get compensation for the cost of replacing damaged tyres with equivalent or near equivalent to the one being used in the vehicle, labour and wheel balancing.

What's Not Covered?

It is equally important to know what’s not covered in your electric two-wheeler insurance policy, so that there are no surprises when you make a claim. Here are some such situations:

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Own Damages for Third-Party Policy holder

In the case of a Third-Party Bike Insurance or Liability Only Bike Policy, damages to own vehicle won’t be covered. 

Drunk Driving or without a Licence icon

Drunk Driving or without a Licence

Your electric bike insurance won’t cover for you in situations where you were riding drunk or without a valid two-wheeler licence.

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Driving without a Valid 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.

Consequential Damages icon

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)

Contributory Negligence icon

Contributory Negligence

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)

Add-ons not Bought icon

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.

Electric Bike Insurance Plans That Fit Your Needs

Third Party Liability

A Third-party Bike Insurance is the most common and cost-effective type of bike insurance in which only damages and losses caused to a third-party person, vehicle or property are covered. Also, remember that you must have at least a third-party policy as it is mandatory by law in India.

Comprehensive Insurance Plan

Comprehensive Bike Insurance policy offers enhanced protection and covers both third-party liabilities and damage to your own bike as well. It also allows you to buy add-ons, thus offering complete protection to your vehicle.

Standalone Own Damage Plan

Own Damage bike insurance policy provides coverage against loss and damage due to accidents and collisions, natural calamities, fires, and thefts only for your own electric bike.

Third-Party vs Comprehensive vs Own Damage Electric Bike Insurance Policy

Third Party

Comprehensive

Own Damage

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×
×
×
×
×
×
×
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Electric Bike Insurance Own Damage Premium Price

Registration Year Premium (for Own Damage only policy)
June 2022  1,545 
June 2023  1,881 
June 2024  2,241 

Disclaimer: The premium calculation is done for Ather PLUS E BIKE Electric 123, excluding GST, for ex-showroom Delhi, given no add-ons are added, previous policy is not expired, & IDV is the lowest available.

How to Buy/Renew Electric Two-Wheeler Insurance with Digit?

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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.

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Login

Login to Digit App or website and go to the ‘My Policy’ section.

Select Policy

Select the policy pending for renewal and click on ‘Renew Policy.’

Choose a Plan

Next, select the add-ons and tenure and confirm the 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 Electric Two-Wheeler Insurance Online

To buy Digit electric bike insurance online, a load of paperwork is not required. Furnish only the following documents to buy a new electric 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:

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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 Electric Two-Wheeler Insurance Claim with Digit?

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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.

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Login

Open the Digit App and go to the ‘Check Motor Claim Status’ option. Here you can see the complete list of claims filed on your phone number.

Select Claim

Select the claim you want to check the status of. You can see the details of the claim, the current status, timeline, detailed summary, and repairer details too.

How is AI making Digit’s Motor Insurance Claim Process Faster & Smarter?

Two-Wheeler Insurance Claims Made Simple with Digit

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.

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 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

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

₹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

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. 

LOB Total Claims Paid (in number) Total Claims Amounts Settled Total Complaints that went to Ombudsman Total Complaints where final decision was given Total Complaints Settled via Mediation Total Decisions in favour of Customer
Health (including PA, travel) 2,18,082 ₹1,374.64 Crore 110 86 21 18
Motor(OD + TP, Including theft, PA) 6,51,954 ₹2,199.58 Crore 124 104 28 26
Other LOBs (miscellaneous) 45,642 ₹1,047.34 Crore 22 17 3 3
Grand Total 9,15,678 ₹4,621.56 Crore 256 207 52 47

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.

Electric Two-Wheeler Insurance Premium Calculator

Electric Two-Wheeler Insurance Premium Calculator

Electric Two-Wheeler Insurance Premium Calculator

  • Two-wheeler insurance premiums are based on many factors, like kilowatt capacity, make, model, and age. 
  • Since electric vehicles are relatively new in the Indian market, Insurance Regulatory and Development Authority of India (IRDAI) has fixed the EV bike insurance rates for the mandatory third-party electric car insurance in India. 
  • This means that new electric two-wheelers in India are already insured under third-party two-wheeler policy for 5 years.
  • Also, to promote environment-friendly electric vehicles in India, IRDAI has rolled out a 15% discount on third-party insurance premium rates for EV, as compared to fuel-run vehicles of the same category.  

List of Best Electric Bikes and Scooters in India in 2025

With the emergence of high-tech electric bike options in the Indian market, everybody is switching to environment-friendly two-wheelers. So, read here which are the top electric bikes in India and choose the one most suitable for you. 

SNo. Scooter Models Ex-Showroom Price*
1. OLA S1 X ₹89,999 onwards
2. Bounce Infinity E1+ ₹1.03 lakh onwards
3. Hero Electric Optima CX ₹1.07 lakh onwards
4. Hero Electric Photon ₹1.11 lakh onwards
5. Bajaj Chetak ₹1.15 lakh onwards
6. Ather 450X Gen 3 ₹1.26 lakh onwards
7. OLA S1 Pro ₹1.4 lakh onwards
8. TVS iQube ₹1.55 lakh onwards
9. Revolt RV 400 ₹1.14 lakh onwards
10. Tork Kratos R ₹1.37 lakh onwards
11. Hop Electric OXO ₹1.49 lakh onwards
12. PURE EV eTryst 350 ₹1.5 lakh onwards
13. Oben Rorr ₹1.55 lakh onwards
14. Odysse Evoqis ₹1.71 lakh onwards
15. Ultraviolette F77 ₹3.8 lakh onwards

*Note: The prices mentioned here are ex-showroom prices in Delhi.

FAQs about Electric Bike Insurance