Digit Commercial Vehicle Insurance

About Go Digit General Insurance Limited

Go Digit General Insurance Limited was founded in 2016. It is a full-stack insurance company and aims to simplify insurance products in a way that even a 15 year old can easily understand them.
The company offers several insurance products, including motor, health, home, and travel insurance. Go Digit General Insurance Limited is particularly known for its seamless, technology-driven claim settlement process and easy-to-access digital platforms, allowing policyholders to compare, buy, renew, and claim an insurance policy online without any hassle.

Key Features of Go Digit Commercial Vehicle Insurance

Benefits of Go Digit Commercial Vehicle Insurance

Here are some of the benefits policyholders can avail with their Digit commercial vehicle insurance:

• Several network garages across India
• Easy to purchase and renew
• 24*7 customer service facility
• Option to customize the vehicle's Insured Declared Value (IDV)
• Good claim settlement ratio and process
• Digital and paperless approach

Types of Go Digit Commercial Vehicle Insurance

Go Digit General Insurance Limited broadly offers two types of commercial vehicle insurance policies:

• Liability Only Policy: A third party commercial vehicle insurance or a liability-only policy is mandatory as per the Motor Vehicles Act. It only covers third-party liabilities arising out of bodily injury, death, or property damage caused by the insured vehicle.
• Package Policy: This policy is also known as comprehensive commercial vehicle insurance. It offers protection against damages incurred by the insured vehicle as well as any third party liabilities. It covers losses and damages caused by accidents, fire, theft, and natural disasters. Policyholders can also include add-ons for enhanced protection.

Go Digit Commercial Vehicle Insurance Add-Ons

Policyholders can enhance the coverage of their commercial vehicle insurance with the following add-ons by paying an additional premium:

• Zero Depreciation Cover: A commercial vehicle insurance company deducts the depreciation cost on replaced/repaired parts during claim settlements as per the age of the vehicle. This add-on ensures that the insurer does not deduct depreciation and fully covers all parts at 100% cost except for tyre, tube and battery costs, which are covered at 50% in case of an accident.
• Accessories Cover: This add-on covers the cost of repairing or replacing electrical and non-electrical accessories such as music systems, LED lights, or customized fittings not included in the manufacturer's initial selling price.
• IMT 23 Cover: The IMT 23 add-on offers protection to parts like lamps, tyres, tubes, mudguards, side parts, bumpers, and paintwork for total or partial damage claims, with applicable depreciation costs that are generally excluded in an own-damage commercial vehicle insurance.

How to Buy Go Digit Commercial Vehicle Insurance?

Policyholders can follow the steps mentioned below to buy or renew their Go DIgit Commercial Vehicle Insurance:

• Visit policybazaar.com and select 'Commercial Vehicle Insurance.'
• Enter your vehicle's registration number.
• Fill in the IDV, choose any required add-ons, and select the NCB in case of renewals
• Pick the desired Go Digit commercial vehicle insurance plan out of all the options available
• Pay the premium via net banking, credit/debit cards, or UPI
• The policy will be instantly mailed to the registered email.

How to File A Claim Against a Go Digit Commercial Vehicle Insurance?

In case of any unforeseen emergencies, policyholders can raise a Go Digit commercial vehicle insurance claim using the following steps:

Documents Required To Raise A Claim Under Go Digit Commercial Vehicle Insurance

In case of a claim, the insured must submit the documents mentioned below:

• Registration Certificate (RC)
• Driving License
• Duly filled Claim Form
• Fitness Certificate
• State/National Permit
• Load Challan / Invoices
• FIR (in cases of theft or third-party injuries)
• Final Repair Invoice

Go Digit Commercial Vehicle Insurance FAQs