Auto Rickshaw/3-Wheeler Insurance Price & Policy Renewal Online

Auto rickshaws or three-wheelers are an important and popular choice of public transportation in India, leading to an increased number of accidents. Thus, securing them with an auto rickshaw insurance becomes crucial.

So, here’s a 2025 guide for three-wheeler auto insurance to help you buy/renew the best auto rickshaw insurance policy in India.

An auto rickshaw insurance is a type of commercial vehicle insurance policy designed to protect and suit the needs of a three-wheelers in India.

It’s mandatory for all auto rickshaw owners to at least have a third-party auto rickshaw insurance to financially protect them from third-party liabilities. However, you can buy a comprehensive auto rickshaw policy for enhanced coverage. 

Digit Insurance provides auto owners with both such policies at, affordable and customized premium prices.

Yes, according to the Motor Vehicles Act in India, it is compulsory for all vehicles to have at least a Liability Only Policy in place. Without this, it would be illegal to ride an auto rickshaw in India.

However, if you’re using your auto rickshaw as a primary source of income or, as part of a business, then it is advised to have the Standard Package Policy, as that not only covers the damages caused to third parties by your auto rickshaw but, also covers for damages caused to your own vehicle and the owner-driver against damages caused due to accidents, collisions, natural calamities, fires and other such mishaps.

Mandatory by Law

If you or your organization owns auto-rickshaws, it is mandatory by law to at least buy a Liability Only Policy in place. This will financially cover you and your business in case your three-wheeler causes damage and losses to third-party property, person or vehicle.

Enhanced Coverage

If you use your auto rickshaw as a primary part of your business, it’s advised to purchase a standard or comprehensive package policy as it will protect your auto and the owner-driver from any losses caused due to natural calamities, accidents, terrorist activities, fires, thefts and malicious acts, among other unforeseen circumstances.

Passenger Protection

An auto-rickshaw that comes with valid 3-wheeler insurance also assures your customers/passengers that you’re a responsible business and are serious about your work.    

Financial Protection

An insured auto-rickshaw ensures your business doesn’t face any unplanned losses or downtime, which means you can instead spend your money and time on other aspects of your business.

To get three-wheeler insurance online from Digit, keep these documents handy:

• Vehicle Registration Certificate (RC)

• Previous year commercial vehicle insurance policy, if applicable

• Any document among these for KYC verification - PAN/Aadhar/DL/Voter id/Form 16/Passport

• To protect your daily business from any losses that can be caused due to any minor or major accident, collision and even natural calamity. 

• To protect yourself from any third-party liabilities and troubles; as per the law, every vehicle, including an auto in India should at least have a Third-Party policy. 

• To ensure the safety of your passengers. You can also opt for our passenger cover if you take a Comprehensive Autorickshaw  Insurance. This will ensure both your auto and its passengers are protected too.

To download your renewed or already active auto rickshaw commercial insurance policy with Digit, follow the given steps:

Step 1 - On the Digit app, go to the ‘My Policies’ tab at the bottom. All your current active policies will be displayed.

Step 2 – Choose the policy for which you want to download the document. Check the details and then click on ‘Download Policy’. Your three-wheeler insurance policy document will be downloaded. 

Under Digit’s Commercial Vehicle Package Policy, we cover all kinds of autorickshaws such as:

• Petrol/Diesel Run Autorickshaw: One of the most common means of urban transportation in India, these are your usual TVS and Bajaj autorickshaws you see across the city. 
• Electric Autorickshaw: A relative newbie to the three-wheeler family, an e-autorickshaw is primarily run by electric motors/solar panels or batteries, unlike the others that are run on petrol and diesel. 

The main difference between the two is that, an auto is primarily being used for commercial purposes and carries several numbers of passengers in a day. Moreover, what makes an auto insurance different from other commercial vehicle insurances, is that it’s generally smaller in size and is therefore less risky. This is also why you may find that a commercial vehicle insurance for an auto rickshaw would be a lot cheaper than one of a truck or a bus.

Given the number of options available today, it is important to pick an insurance that is simple, reasonable, protects and covers you and your business in all possible situations and most importantly, guarantees to settle claims as soon as possible. After all, that’s the most important part of an insurance! 

Here are a few tips that will help you pick the right motor insurance for your three-wheeler:

• Right Insured Declared Value (IDV): IDV is the manufacturer’s selling price of the auto you want to insure (including its depreciation). Your premium will be dependent on IDV. While looking for the right auto rickshaw insurance online, make sure your IDV is stated correctly.

• Service Benefits: Consider services such as 24x7 Customer Support and a wide network of cashless garages, among others. In times of need, these services matter.

• Review Add-Ons: While picking the right auto rickshaw insurance for your three-wheeler, consider the add-ons available to ensure maximum benefits.

• Claim Speed: It’s the most important aspect of any insurance. Pick an insurance company you know will settle claims quickly.

• Best Value: From the right premium and after services to claim settlements and add-ons; pick an auto rickshaw insurance that conveniently covers everything you think you will need at the best possible value.

It can be tempting to pick the cheapest auto rickshaw insurance available. However, while comparing different auto insurance quotes, consider factors such as service benefits and claim settlement periods.

Weighing in important factors is important to ensure your three-wheeler and business are safeguarded against all the odds:

• Service Benefits: Great services really matter in times of trouble. Make sure to evaluate services each insurance company is offering and make a sound choice accordingly. Some of the services Digit offers are 24*7 Customer Care Support and Cashless Garages among other services.

• Quick Claim Settlement: The whole point of insurance is to get your claims settled! So, make sure you pick an insurance company that will guarantee quick claim settlements. Additionally, we have a zero-hardcopy policy, which means we only ask for soft copies. Everything is paperless, quick and hassle-free!

• Check your IDV: A lot of auto rickshaw insurance quotes online will have a low IDV (Insured Declared Value), i.e. the manufacturer’s selling price three-wheeler. While the IDV affects your premium, it also makes sure you get your right claim at the time of a settlement. The last thing you want during a theft or damage is to find out your IDV was low/at the wrong value! At Digit, we give you the option to set your IDV while buying your commercial vehicle insurance policy online.

• Best Value: Finally, pick an auto insurance policy that gives you a fair combination of it all. The right price, services and of course, quick claims!

The following are the factors that will affect your Auto rickshaw insurance premium.

• Model, Engine & Make of the Vehicle: For any kind of motor insurance, the model, make and engine are extremely important in determining the right insurance premium. Therefore, your auto rickshaw insurance will primarily depend on the model and make of your rickshaw, type of fuel, its manufacturing year and additional features, amongst others.

• Location: The place you register and choose to ride your rickshaw matters a lot when deciding your insurance premium. Metropolitan cities with a lot of traffic, crime and accident rates would obviously charge a higher premium, while safer and smaller cities may charge a lesser insurance premium.

• No-Claim Bonus: If you’ve already had auto rickshaw insurance before and are currently looking to renew your policy or get a new insurer- then in this case your NCB (No Claim Bonus) will also be considered, and your premium will be at a discounted rate! A No-Claim Bonus means your auto rickshaw hasn’t had a single claim in the previous policy term.

• Type of Insurance Plan: There are primarily two kinds of insurance available for all commercial vehicles, including auto rickshaws. Your insurance premium price will depend on the kind of plan you choose.