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*TP price for less than 75cc two wheeler. All savings/offers are provided by the Insurers which are subject to modification. Terms and conditions apply

Digit Zero Depreciation Add-on

Digit Bike Insurance

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Digit Zero Depreciation Cover

The reduction in the value of bike with passing time is taken into consideration as a depreciation factor by every insurance company. There is a deduction of depreciation charges from the claim amount at the time of claim settlement. To prevent this deduction, the policyholders can opt for Zero Depreciation cover along with a standalone own damage or a comprehensive bike insurance policy. Digit Zero Depreciation add-on prevents the loss of claim amount in lieu of depreciation.

Availing Digit Zero Depreciation cover ensures maximum claim amount irrespective of the depreciation factor. It offers free of cost repair and replacement of the depreciable parts of the insured’s bike.

Benefits of Digit Zero Depreciation Cover

  • Higher claim: By opting for Zero Depreciation cover, the policyholders can enjoy maximum claim. As no depreciation charge gets deducted with the Zero Depreciation cover, the policyholders can claim the maximum assured sum from the insurance company.
  • Helps in saving money: The Digit Zero Depreciation add-on cover bears the expense of repairing and replacing of the depreciable parts of the insured’s bike. Thus, the policyholders can save money which is to be spent on repairing and replacing the depreciable bike parts.

Zero Depreciation Insurance vs Normal Insurance

Age of bike

Rate of Depreciation Without Zero Depreciation cover

Rate of Depreciation With Zero Depreciation cover

Under 6 months

Nil

0%

6 months to 1 year

5%

0%

1-2 years

10%

0%

2-3 years

15%

0%

3-4 years

25%

0%

4-5 years

35%

0%

5-10 years

40%

0%

Above 10 years

50%

0%

Part of bike

Rate of Depreciation Without Zero Depreciation

Rate of Depreciation With Zero Depreciation

Rubber/nylon/ plastic parts

50%

0%

Fibre glass parts

30%

0%

Glass parts

Nil

0%

Digit Zero Depreciation Cover Conditions

Digit Zero Depreciation comes with multiple benefits provided that the following conditions are fulfilled.

  • The age of the bike should not exceed 5 years.
  • This cover can be claimed only twice in the entire policy tenure.
  • Repair and replacement due to common wear and tear do not get covered.
  • Coverage is not provided in cases of total loss, mechanical and electrical breakdown of the insured’s bike.

Digit Bike Insurance User Reviews

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What users are saying
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  • User-friendly interface

    I am very happy with the great insurance service offered by the InsuranceDekho's user-friendly interface. I li...

    Read More
    N
    By NAJRUL HAQUE MANDAL
    On: September 25, 2020
  • Prompt policy issuance

    The Digit insurance policy which I bought for my Royal Enfield Continental GT 650 bike was issued in a few min...

    Read More
    U
    By Umesh Lamba
    On: September 24, 2020
  • Numerous of add-on covers

    No matter which insurance plan you buy from an insurance company, you can always get add-on covers to add to t...

    Read More
    D
    By Dinesh Rathore
    On: September 23, 2020
  • Plan renewal in just 2 steps

    The InsuranceDekho is an insurance portal which made me renew my Digit bike insurance policy which I purchase...

    Read More
    S
    By Sagar Mehta
    On: September 17, 2020
  • Many network garages available

    The InsuranceDekho team showed me the way to buy a Digit bike insurance cover after listening to my requiremen...

    Read More
    P
    By Prince Kumar
    On: September 16, 2020
  • Renewed policy in no time

    The bike insurance renewal process for my comprehensive bike insurance plan which is of Digit General Insuran...

    Read More
    A
    By Avinash Hajela
    On: September 15, 2020
  • Multiple insurance add-on cove...

    InsuranceDekho portal offered me several add-on covers for Digit bike insurance policy. I selected an add-on a...

    Read More
    K
    By Kiran Bhandari
    On: September 14, 2020
  • Instant issuance of policy

    The InsuranceDekho platform issued me a bike insurance plan offered by Digit General Insurance in no time. I p...

    Read More
    A
    By Alankar Mehta
    On: September 10, 2020
  • Multiple payment gateways

    At InsuranceDekho platform, I could easily purchase and renew the bike insurance policy of Digit insurance for...

    Read More
    I
    By Ishant Anand
    On: September 9, 2020
  • Safest payment gateways

    InsuranceDekho platform offered me various payment modes to make the payment for the Digit insurance policy du...

    Read More
    R
    By Ramansen Gupta
    On: September 8, 2020
  • User-friendly interface

    I am very happy with the great insurance service offered by the InsuranceDekho's user-friendly interface. I li...

    Read More
    N
    By NAJRUL HAQUE MANDAL
    On: September 25, 2020
  • Prompt policy issuance

    The Digit insurance policy which I bought for my Royal Enfield Continental GT 650 bike was issued in a few min...

    Read More
    U
    By Umesh Lamba
    On: September 24, 2020
  • Numerous of add-on covers

    No matter which insurance plan you buy from an insurance company, you can always get add-on covers to add to t...

    Read More
    D
    By Dinesh Rathore
    On: September 23, 2020
  • Plan renewal in just 2 steps

    The InsuranceDekho is an insurance portal which made me renew my Digit bike insurance policy which I purchase...

    Read More
    S
    By Sagar Mehta
    On: September 17, 2020
  • Many network garages available

    The InsuranceDekho team showed me the way to buy a Digit bike insurance cover after listening to my requiremen...

    Read More
    P
    By Prince Kumar
    On: September 16, 2020
  • Renewed policy in no time

    The bike insurance renewal process for my comprehensive bike insurance plan which is of Digit General Insuran...

    Read More
    A
    By Avinash Hajela
    On: September 15, 2020
  • Multiple insurance add-on cove...

    InsuranceDekho portal offered me several add-on covers for Digit bike insurance policy. I selected an add-on a...

    Read More
    K
    By Kiran Bhandari
    On: September 14, 2020
  • Instant issuance of policy

    The InsuranceDekho platform issued me a bike insurance plan offered by Digit General Insurance in no time. I p...

    Read More
    A
    By Alankar Mehta
    On: September 10, 2020
  • Multiple payment gateways

    At InsuranceDekho platform, I could easily purchase and renew the bike insurance policy of Digit insurance for...

    Read More
    I
    By Ishant Anand
    On: September 9, 2020
  • Safest payment gateways

    InsuranceDekho platform offered me various payment modes to make the payment for the Digit insurance policy du...

    Read More
    R
    By Ramansen Gupta
    On: September 8, 2020

33 Digit Cashless Garages in India

Digit Zero-Depreciation Add-on Cover FAQs

  • What are the factors that decide the rate of increase in the premium amount for opting Zero Depreciation cover?

    The factors that decide the rate of increase in the premium amount for opting Zero Depreciation cover are as follows:

    • Age of the vehicle.
    • Model or variant of the vehicle.
    • Area of residence.
  • Can I opt for Zero Depreciation add-on for a secondhand bike?

    Yes, you can avail the Zero Depreciation cover for a secondhand bike provided its age does not exceed 5 years. An inspection may be conducted by the company before including this add-on to your policy.

  • Does Zero Depreciation cover provide coverage beyond the geographical zone?

    The Digit Zero Depreciation cover will only provide coverage within the predetermined geographical zone. The insurer will not bear the expense of any damage incurred by the insured’s bike outside the geographical area.

  • Do I need to renew the Zero Depreciation cover every time I renew my Digit comprehensive bike insurance policy?

    Yes, you need to renew the Zero Depreciation cover every time you renew your Digit comprehensive bike insurance policy provided it satisfies the conditions of Zero Depreciation cover at the time of renewal.

  • Does Digit Zero Depreciation cover provide free of cost repair of the rubber bike parts?

    Yes, if you avail the Digit Zero Depreciation cover, then the insurance company provides free of cost repair of the rubber bike parts up to 2 claims in the network garages.

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Digit Two-Wheeler Insurance Contact Details

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#Applicable on non-inspection cases i.e. existing policy has not expired or when buying a policy for a new vehicle.