Protect your two-wheeler against any loss or damage caused to a third party with Digit’s instant third-party insurance for bike online! 

Hit the road with peace of mind with our quick and simple smartphone-enabled buy, renewal, and claim processes.

A third-party bike insurance is the most basic type of two-wheeler insurance policy, that helps cover any damage and losses your bike could cause to a third-party person, property or vehicle, such as in the case of an accident or collision. However, remember that it doesn’t cover your own vehicle damage.

Third-party insurance two-wheeler is mandated by law in India by the Motor Vehicles Act. Failing to comply can result in a penalty. So, the third-party bike insurance is an affordable option and legally mandatory, but it also offers limited coverage without protecting your own vehicle.

However, you can compare two-wheeler insurance policies by Digit and get the most suitable one – comprehensive bike insurance or Own Damage cover.

Here’s why you should buy cheapest third-party bike insurance in India:

1. Mandatory by Law: Having at least a third-party insurance for bike in India is the law! Driving without one can lead to fines and penalties.
2. Financial Security: It covers you financially in case of loss, damage, or injuries to third party property or person caused in an accident due to your vehicle.
3. Peace of Mind: You can drive your bike worry-free knowing that you're covered for third-party damages.
4. Affordable: Compared to comprehensive insurance, third-party is a cheaper way to meet legal requirements and basic protection in accidents.
5. Limited Liability: Third-party bike insurance is perfect for people who primarily use a two-wheeler for short, low-risk commutes, or those who have an older bike with a lower market value.

• In case of a personal accident-related claim, all you need to do is call us at 1800-258-5956 and we’ll help you out. But before that the third party must file an FIR and get a charge sheet.

• If there’s compensation, we take care of it on your behalf.

• And if there’s no violation of terms, we will try for a non-monetary settlement on your behalf. If the situation arises, we will represent you in court.

• Most importantly, if you’ve been a good citizen and have admitted your fault for any kind of negligence, your Digit Third Party cover will still hold good.

Documents Required for Third-Party Bike Insurance Claims

You need the following documents to raise a claim under third-party bike insurance in India: 

• Third-party bike insurance policy Registration Certificate (RC) 

• Duly filled and signed claim form 

• FIR report for third-party property damage/injuries/death  

• Payment receipts and repair bills 

• Valid Driving License

• Damage repair estimate

Important Considerations When Making a Third Party Bike Insurance Claim

• The third-party person filing the FIR for the said claim must ensure he/she has suitable evidence. 

• It’s important to note that your insurer and the police need to be contacted as soon as possible. You can’t make the claim days after the incident! 

• As per the rules and regulations of IRDAI, it is up to the Motor Accident Claims Tribunal to decide on the claim amount. While there’s no upper limit on personal damage to a third party, there is a limited liability of up to ₹7.5 lakhs in case of damage and losses caused to a third-party vehicle or property.

If you are confused about whether a third-party insurance policy is enough for your two-wheeler or whether you should go for a comprehensive one, we’ve got you covered. Check out the situations below, find the most relevant to you and choose accordingly.

Case 1: If you own 2 or more two-wheelers

If you have 2 or more two-wheelers; let’s say a scooty and bike, and use only the scooty on a daily purpose, while you use a bike hardly in a month when going out with friends, then it is a wise decision to insure your bike with a third-party insurance cover. This will help save your premium and will keep you legally compliant.

Case 2: If you want to upgrade to a bike but your current scooty’s policy renewal is due

Get your current scooty insured with a third-party policy in case its renewal is due, if you’re planning to sell it before buying the new bike you’ve always dreamt of. Having a minimum coverage will help save the insurance premium and will also keep you legally compliant.

Case 3: If you own that ages old scooter your grandfather used to ride

If you own such a scooter standing in the corner of your house covered in dust, you should immediately get it insured with a third-party two-wheeler insurance policy to prevent hefty fines, as it is mandatory by law. Getting a minimum coverage is enough for a two-wheeler that you’ve kept in memory of your grandparents, and not for driving.

Case 4: If you are an experienced two-wheeler rider

Don’t expect that if you have a clean driving record and are an experienced bike rider, you will not run into problems; driving on the roads always poses a risk of accidents. Therefore, it is best that you opt for enhanced coverage with a comprehensive two-wheeler policy. However, since you are experienced, you can choose not to buy add-on covers to save on the premium.

Case 5: If you’ve just bought a new luxury bike

A brand-new bike must be protected with the maximum coverage possible; therefore, you should go for a comprehensive policy with all the relevant add-ons possible, as it also includes third-party two-wheeler insurance and own damage cover.

Case 6: If you drive your 6-year-old bike daily to office

You would want more protection than a third-party insurance cover offers to safeguard the bike you ride daily. So, go for a comprehensive two-wheeler policy with add-ons, as it also includes third-party two-wheeler insurance and protects you against accidents, theft, fire, natural calamities, bike breakdown, flat tyre, etc.