Digit Electric Car Insurance
Digit electric car insurance provides comprehensive protection for Electric Vehicle (EV)
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Key Features of Digit EV Insurance
The Go Digit General Insurance Company Ltd., offers the following features under its car insurance for electric vehicles:
- Fully digital policy purchase and renewal
- Quick claim filing through a mobile app
- Free car pick-up and drop
- Anywhere repair services
- 6-month repair warranty
- PA (Personal Accident) cover of up to Rs. 15 Lakh
- Customisable add-ons for enhanced protection
EV-Specific Add-ons Under Digit Electric Car Insurance
The following are the top electric car insurance add-ons available with a Digit comprehensive or an own-damage plan for EVs:
- Battery Protect Cover: This add-on covers the cost of repairing or replacing the EV's battery, electric motor, and charging equipment due to accidents, water ingressr, or short circuits.
- Zero Dep Cover: The Zero Depreciation cover under Digit EV insurance pays for the depreciation amount deducted from the value of the replaced or repaired car parts in case of an own-damage claim.
- Return to Invoice Cover: The Return to Invoice add-on allows you to receive the original invoice value (ex-showroom + registration charges + road tax) of your insured EV in case of a total loss or theft claim.
- 24x7 Roadside Assistance (RSA): The RSA in car insurance add-on provides emergency assistance services like towing, flat tyres, spare keys, etc., or minor repair services in case your EV breaks down on the road.
Digit EV Insurance Premium Calculator
To calculate the Digit electric car insurance premium for a comprehensive policy, you can use the online car insurance calculator before purchasing your desired EV plan. Alternatively, you can use the following formula:
Comprehensive EV Insurance Premium = (Own Damage Premium - (No Claim Bonus + discounts)) + Third Party Premium (fixed by IRDAI)
The IRDAI decides third-party EV insurance premiums, which are based on the EV's battery capacity and are as follows:
| EV Battery Capacity |
Third Party Insurance Premiums (approx.) |
| Below 30 kWh |
Rs. 1,780 |
| Between 30 kWh and 65 kWh |
Rs. 2,904 |
| Above 65 kWh |
Rs. 6,712 |
*Disclaimer: (The prices mentioned above are set by IRDAI and may change based on recent updates and revisions. Always stay informed about these updates for the latest rates.)
How to Buy or Renew Digit EV Insurance?
Follow these simple steps to buy or renew electric car insurance by Go Digit General Insurance Company:
- Step 1: Visit Policybazaar.com and click 'Car Insurance' from the homepage.
- Step 2: Enter your electric car number, or choose 'Brand New Car' in case of a new car.
- Step 3: Select your EV details like make & model, variant, RTO, etc., and provide your contact information.
- Step 4: Now, from the list of various quotes shown, select the Digit plan. You can also view coverage details by selecting 'Policy Details.'
- Step 6: Choose add-ons (if required) for an additional premium, and make the policy payment.
- Step 8: Upon successful payment, you will receive your Digit car insurance policy for your EV via email.
How to File a Claim Under Digit EV Insurance?
Follow these steps to register a claim against your Digit electric insurance policy in case of a road accident:
- Inform the Digit General Insurance Company about the unfortunate incident.
- Register your claim with your insurer and receive a claim intimation number.
- Upon claim registration, the insurer will assign a surveyor to inspect the damages sustained by your EV and conduct a loss evaluation within 48 hours.
- Submit the required documents, such as the claim form and your ID & address proofs, to the surveyor.
- After verifying the documents, the insurer will settle the claim directly with the authorised network garage.
- In case of a non-network garage, the insurance company will reimburse the amount that you paid out-of-pocket for repairs.
To raise a third-party EV claim, also report the incident to the Police, and do not leave the accident scene. In case of major damage or injury to another individual caused by your insured EV, the claim will be settled through the Motor Accident Claims Tribunal (MACT). Do not make any settlement with the third party directly without informing the Digit Insurance Company.
Documents Required to Raise Digit EV Insurance Claim
Keep the following documents handy with you while raising a claim against your Digit electric car insurance:
- Duly filled & signed claim form
- Your EV policy
- Copies of a valid driving licence and EV's registration certificate
- Claim intimation number received
- Copy of the Police FIR (in case of third-party claims or theft)
- No trace report in case of theft of the EV
- Repair bills
- Original keys of the EV
- Duly signed RTO transfer papers (if applicable)
