TVS Motor Company is the largest manufacturer of two-wheelers, including mopeds, scooters, motorcycles and racing bikes. The latest addition to its catalogue is the electric scooter, iQube Electric. 

Besides matchless riding experience and easy maintenance, the design of iQube reflects a contemporary lifestyle. Though engineered with top-of-the-line features, iQube, like any other two-wheeler, is vulnerable to accidents and other damages. 

Thus, it is imperative to purchase a TVS iQube Electric insurance cover to ensure financial security. 

In fact, it is mandatory for every two-wheeler in India to possess a third-party liability insurance policy. One can also opt for a comprehensive cover that provides coverage to own damages as well as third-party damages.

Digit, one of the leading insurance providers in India, offers two-wheeler insurance for TVS iQube Electric. But before discussing the features and benefits of this insurance policy, let us focus on a few interesting facts about this electric scooter.

The first thing you should do while purchasing a new two-wheeler is finding an appropriate insurance provider like Digit.

Those wondering what makes Digit stand out from all other insurance providers can take a glimpse at some of its specialities given below. 

• Wide Range of Cashless Network Garages to Choose From - The insurer has collaboration with more than 2,900+ garages across India. Therefore, regardless of where you are, you can expect a network garage nearby if you get involved in an accident.

• Fewer Documents Required to Claim Insurance - Digit does not follow formalities like sending a representative to your home to inspect the damage to raise a claim. Besides, the insurance provider extends a smartphone-enabled self-inspection to streamline the process. Also, you can opt for TVS iQube Electric insurance online at your convenience. Unlike other insurance agencies, Digit does away with a paperless approach to simplify the entire procedure.

• Several Insurance Policies to Choose From - Digit offers several insurance options to serve its diverse clientele. Before you purchase TVS iQube Electric insurance, it is essential to opt for a policy according to your requirements. Go for a policy that ensures to safeguard your finances if your scooter meets with an accident. 

You can select from these options:

• Third Party Liability Two-Wheeler Insurance Policy - This insurance cover protects you from any liability charges if your two-wheeler is involved in an accident and damages a third-party person or property. Additionally, this insurance policy covers some losses such as the injury or death of a third person in an accident and the litigation cost, if any. 

• Comprehensive Two-Wheeler Insurance Policy - This insurance policy covers the financial damages to the policyholder’s own two-wheeler in the event of accidents, loss or theft. The policy covers all the third-party liability charges as well. Additionally, this policy extends a payout for any damage caused due to natural disasters, man-made calamities and fire.

• Own Damage Bike Insurance Policy - However, Digit also offers own damage bike insurance covers. If you’ve recently bought a bike and have purchased a third-party cover as well, you’d have to wait for the policy renewal to upgrade to a comprehensive cover. Instead of waiting, however, you can also buy an own damage bike insurance policy. It offers substantial protection against damages due to accidents, fire, natural disasters and man-made calamities. But this policy does not support third-party liability charges.

• Convenient Add-ons for Additional Protection - Digit allows the policyholders to customise the policy according to their requirements. The company extends a range of add-on options for additional protection. 

Some of them are:

• Zero depreciation cover

• Breakdown assistance

• Consumable cover

• Return to invoice cover

• Engine and gear protection cover

• 24X7 Availability of Customer Support

Digit’s customer care executives are available 24X7 to answer all your policy-related queries.

• Online Purchase or Renewal Option - Another reason behind Digit being a popular choice across India is the online availability of insurance policies. You can complete the purchase procedure within minutes. Besides, potential customers can compare different policies offered by this insurance provider. 

To simplify the process further, existing customers can opt for TVS iQube Electric insurance renewal online. Just log in to your account and check the TVS iQube Electric insurance price before renewal.

• Personalised Insured Declared Value (IDV) - Insured Declared Value or IDV refers to a predetermined amount paid to you under scenarios like irreparable damage or theft. Digit allows the policyholder to increase or decrease the IDV amount for the policy as per requirement.

• No Claim Bonus benefits - If you do not make any claim on your insurance policy for a year, Digit offers attractive discounts on your premium upon TVS iQube Electric insurance policy renewal. 

All these reasons solidify Digit as a reliable option to insure your TVS iQube.

In a short span, Digit has established itself as a leader when it comes to insurance companies. It has maintained a unique identity, offering facilities and options that other insurance providers simply do not offer. Here are some of the benefits of opting for Digit two-wheeler insurance:

• Security from Legal Issues - According to the Motor Vehicles Amendment Act 2019, every two-wheeler owner is liable to purchase a third-party insurance policy. Else, the owner will have to pay a penalty of ₹2,000, and ₹4,000 for repeating the offence.

• Protection against Third-party Liabilities - Having at least a third-party insurance is both mandatory by law and beneficial for the policyholder. It is difficult to predict accidents, but not so tough to envision the consequences that follow. Hence, buying two-wheeler insurance is crucial as it covers for all losses or damages caused to the third-party due to your two-wheeler.

• Own Damage Protection - A comprehensive cover, besides offering third-party protection, also extends coverage for own two-wheeler damages due to:

• Accidents

• Theft

• Fire

• Natural disasters