Bike Insurance for Electric Vehicles/e-Bikes & Two Wheelers
What is an Electric Bike Insurance?
Electric bike insurance is a type of motor insurance that protects two-wheelers that run on electricity from potential damages and losses, which might happen in the case of an accident, a natural calamity or fire.
Electric bikes, also called e-bikes or electric two-wheelers, are becoming more and more popular on the road as environment friendly, and (mostly!) noise-free alternatives to regular bikes.
Just like regular two-wheelers need petrol as fuel, these ones need to be charged with electricity (like a giant smartphone).
Electric two-wheelers are still a pretty new concept in India but getting a bike insurance policy for your electric two-wheeler is not so different than the process followed for a regular fuel-driven bike.
Why should you buy an Electric Bike Insurance?
You can never predict what might happen to your beloved new electric two wheeler. While the electric bike industry is still emerging, and the rules and regulations haven’t yet been established firmly, e-bikes are pretty expensive.
They also tend to have a lot of complex technology and electrical and mechanical parts that could give you trouble at any time. So, like any other vehicle, having an insurance can be a great savior in an unfortunate event and can help you ride without any worries.
Also, as per the Motor Vehicle act, it is mandatory to have a minimum third party two-wheeler insurance in place.
What is covered in an Electric Bike Insurance by Digit?
Electric Two Wheeler Insurance Premium Calculator
Two-wheeler insurance premiums are based on many factors, like kilowatt capacity, make, model, and age.
Two-wheelers with kilowatt capacity (KW) |
Premium rate for one-year policy |
Premium* rate for long-term policy |
Not exceeding 3 KW |
₹457 |
₹2,466 |
Exceeding 3 KW but not exceeding 7 KW |
₹609 |
₹3,273 |
Exceeding 7 KW but not exceeding 16 KW |
₹1,161 |
₹6,260 |
Exceeding 16 KW |
₹2,383 |
₹12,849 |
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:
Why choose an 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
How to file a Claim?
After you buy or renew your electric two-wheeler insurance plan with us, you can forget about complicated processes as we have a 3-step, completely digital claims process!
Step 1
Just call on 1800-258-5956. No forms to be filled.
Step 2
Get a link for Self-Inspection on your registered mobile number. Shoot your vehicle’s damages from your smartphone through a guided step by step process.
Step 3
Choose the mode of repair you wish to opt for i.e. Reimbursement or Cashless through our network of garages.