Electric Bike Insurance

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9000+ Cashless

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96% Claim

Settlement (FY24-25)

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24*7 Claims

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Disclaimer:Tata Capital Limited (“TCL”) registered with IRDAI (License No. CA0896, valid till 21-Jan-2027), acts as a Corporate Agent “Composite” for Go Digit General Insurance Limited. Please note that, TCL does not underwrite the risk or act as an insurer. For more details on the risk factors, terms and conditions please read sales brochure carefully of the Insurance Company before concluding the sale. Participation to buy insurance is purely voluntary.

The Registered office of TCL is Tata Capital Limited, 11th Floor, Tower A, Peninsula Business Park, Ganpatrao Kadam, Marg, Lower Parel, Mumbai-400013.
The Registered Office of Go Digit: Go Digit General Insurance Limited, 1st Floor, Fairmont, Hiranandani Business Park, Powai, Mumbai – 400076.
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EV Bike Insurance for Electric Bikes, Scooters & Two-Wheelers in 2025

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 a 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 motors, charging station coverage, repair costs for electric vehicles, etc.

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 the 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 bike insurance is mandatory in India.

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.

Electric Bike Insurance Plans that Fit Your Needs

Third-Party Bike Insurance

Third-Party Bike Insurance

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.
Comprehensive Insurance Plan

Comprehensive Bike Insurance

Comprehensive Bike Insurance 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.
Own Damage Bike Insurance

Own Damage Bike Insurance

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

Difference Between Third-Party vs Comprehensive vs Own Damage Policy

Third-Party

Comprehensive

Own Damage

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Why Choose Electric Bike Insurance by Digit?

Your e-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.

Disclaimer: The total number of claims settled and amount paid in claims is for two-wheeler policies since inception till 31st December-2024. 96% claims settled 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). 9000+ cashless garage network count as of 31st March-2025.

Key Features of Electric Bike/Scooter Insurance by Digit

Key Features Digit Benefit
Premium  Starting from ₹457 
Buying Process  Smartphone-enabled process. Can be done in 5 minutes! 
No Claim Bonus Up to 50% Discount
Cashless Repairs  Available at 9000+ Garages
Personal Accident Cover  Up to 15 lakhs 
Damages to Third-Party Unlimited Liability for Personal Damages, Up to 7.5 Lakhs for Property/Vehicle Damages

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.

What's Not Covered in Electric Bike Insurance by Digit?

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.

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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)

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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)

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Add-ons Not Bought

Some situations are covered in add-ons. If you haven’t bought those, the corresponding situations will not be covered.

Add-on Covers with Electric Bike Insurance by Digit

You can opt for the following two-wheeler add-ons under electric bike 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.

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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.

How to Renew Electric Two-Wheeler Insurance with Digit?

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Enter Bike Details

On the Digit App or website, enter your bike’s registration number and click on view prices.

Choose a Plan

Select the type of bike insurance plan and choose desired add-ons.

Enter Personal & Nominee Details

Enter your personal, nominee and vehicle details, and start the payment.

Complete Payment & KYC

Complete the payment and mandatory KYC verification process. Once completed, the policy will be issued and available in Digit App.

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. To calculate the bike insurance premium effectively, you can also use the two-wheeler insurance premium calculator. Since electric vehicles are relatively new in the Indian market, the Insurance Regulatory and Development Authority of India (IRDAI) has fixed the EV bike insurance rates for the mandatory third-party electric bike insurance in India. This means that new electric two-wheelers in India are already insured under a 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 EVs, 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

Manasvi Gupta

Written By:

Manasvi Gupta

mayur-black-white-test

Reviewed By:

Mayur Kacholiya