- 1 An overview
- 2 Why is Car Insurance mandatory in India?
- 3 List of best Car Insurance Products from Digit Car Insurance
- 4 What Is the Difference Between Comprehensive and Third-Party Insurance?
- 5 Digit Car Insurance – Reviews
- 6 Digit Car Insurance- Customer Care Numbers / Contact details
- 7 Documents Required for Digit Car Insurance
- 8 Benefits and features of Digit Car Insurance
- 9 Why Choose Digit Car Insurance?
- 10 Digit Car Insurance with Add-On Covers:
- 11 Discounts offered by Digit Car Insurance:
- 12 Tips for Lowering Your Car Insurance Premium:
- 13 Digit Car Insurance Renewal Process (Online/Offline)
- 14 FAQ of Digit Car Insurance
- 14.1 Q1. Will Digit Car insurance transfer NCB when I shift my car insurer?
- 14.2 Q2. At how many garages does Digit offer cashless claim settlement service?
- 14.3 Q3. What documents do I need during policy purchase or renewal?
- 14.4 Q4. What is a No Claim Bonus?
- 14.5 Q4. What are the types of car insurance plans available with Go Digit?
Digit General Insurance, located in Bengaluru, is a private insurance firm launched in 2016. It was formerly called Oden, which means “at the top/ahead” in German. Oden General Insurance Limited was renamed Digit General Insurance Limited to make things easier. It is registered in two cities: Bengaluru and Pune. Digit General Insurance is a well-known online platform that offers its clients a broad variety of non-life general insurance products and services.
Digit General Insurance provides various forms of automobile insurance coverage, including third-party car insurance, standalone own-damage car insurance, and comprehensive car insurance. Aside from these policies, the company also provides personal accident insurance to reimburse policyholders in the event of an automobile accident that results in the death or incapacity of the owner. Digit General Insurance’s car insurance policies provide extensive coverage to the insured as well as services such as cashless repairs, doorstep picks up and repair, 24×7 customer support, hassle-free claim settlement, smartphone-enabled self-inspection facility, no claim bonus, customization of IDV, and so on.
To supplement coverage, the insurance offers its clients a variety of add-on covers such as zero depreciation cover, return to invoice cover, passenger cover, tire protection cover, breakdown help, consumable cover, and engine and gearbox protection cover. Furthermore, the general insurance firm seeks to make the automobile insurance procedure simpler and less stressful, as shown in its tagline “To Make Insurance Simple.” Digit General Insurance is reinventing vehicle insurance products and restructuring procedures with this purpose in mind.
Why is Car Insurance mandatory in India?
Unfortunately, when it comes to seemingly insignificant items like auto insurance, people prefer to disregard or forget about it till there is a penalty for not having it.
However, most of the time, these standards are created to ensure the general safety of people like you and me.
Consider this what if Third-Party Car Insurance was not required by law? In this situation, most individuals would not even have one, and in the event of an accident, both parties would drown in pointless discussions and, of course, heaps of expenditures!
As a result, while the basic goal of automobile insurance is to cover an affected party in the event of a mistake or accident, there are other reasons why car insurance has been made required in India.
A large Number of Road Accidents: Road accidents are quite prevalent in India, and this is one of the key reasons why the Motor Vehicle Act makes vehicle insurance necessary. In 2017, there were over 1200 injuries recorded on a daily basis as a result of traffic accidents! An automobile insurance policy will ensure that no one bears the financial burden in such a case.
Protects the Third-Party: Whether you collide with someone’s vehicle or a car collides with your beloved vehicle, having at least third-party car insurance in place will ensure that the affected third party is reimbursed for car damages or personal damages.
Legal Processes Are Made Easier: When an accident occurs, it is the legal procedure that consumes one’s time and energy more than the damages. Legal formalities, on the other hand, are taken care of when you have legitimate automobile insurance.
List of best Car Insurance Products from Digit Car Insurance
Third Party Liability Only Car Insurance Policy
One of the most prevalent forms of automobile insurance is third-party car insurance, which covers only damages and losses caused to a third-party person, vehicle, or property.
Comprehensive Car Insurance Policy
Comprehensive car insurance is one of the most beneficial forms of car insurance since it covers both third-party liability and damages to your own vehicle.
What Is the Difference Between Comprehensive and Third-Party Insurance?
The primary distinction between third-party and comprehensive insurance is the type of coverage provided. While third-party insurance only protects you against third-party damages and losses, comprehensive automobile insurance protects you against your own.
In India, choosing the correct type of automobile insurance is critical. After all, obtaining basic insurance that protects third parties is required by law. Not possessing one might result in fines for traffic offences and potentially the suspension of your driver’s license!
To protect yourself from hefty fines as well as damages and losses caused by mishaps both large and small such as accidents, collisions, floods, theft, and so on, it’s critical to understand the difference between comprehensive car insurance and third-party car insurance and to decide which is best for you and your car.
Digit Car Insurance – Reviews
Go Digit General Insurance is a rapidly expanding non-life insurance company in the business. The firm provides its clients with streamlined general insurance solutions and is continually aiming to make the whole insurance procedure (from purchasing to filing claims) simpler and easier.
Exclusions of Digit Car Insurance
Some of the instances that will not be covered by the insurance provider are as follows:
- Damages to one’s own car are not covered under a Third-Party or Liability-Only Car Policy.
- Driving while intoxicated or without a valid driver’s license.
- If the individual has a learner’s permit but was caught driving without a legal driver’s license holder in the front passenger seat.
- Any consequential damages that are not a direct result of the accident (e.g., after an accident, if the damaged car is driven incorrectly and the engine gets damaged, it will not be covered)
- Any contributory negligence (for example, damage caused by driving a car in a flood, which is not suggested by the manufacturer’s driving handbook) will not be covered.
- Certain circumstances are supported by add-ons. However, if such add-ons are not used, the associated circumstances will not be addressed.
Digit Car Insurance- Customer Care Numbers / Contact details
You may contact Go Digit General Insurance’s customer service staff via several means if you have questions about automobile insurance. Here is the contact information for several channels:
- Toll-Free Helpline: 1800-103-4448
- Email: email@example.com
- SMS/WhatsApp: 7026061234
- Correspondence Address: Atlantis, 95, 4th B Cross Road, Koramangala Industrial Layout, 5th Block, Bengaluru, Karnataka – 560095
Documents Required for Digit Car Insurance
Several papers are required in the process of claiming settlement of automobile insurance to prove your legal adherence to driving the vehicle and to raise the claim for the damage or loss. Here is a list of documents you should keep on hand for certain events:
In the event of an Accident
- Car insurance policy original policy docs
- Claim form duly completed and signed
- Registration Certificate Copies (RC)
- A copy of your driver’s license
- FIR Copies (First Information Report)
- Original tax stubs
- Repair cost estimation
- Payment receipts or bills will be sent after the repair has been completed.
In the Event of Third-Party Claims
- Claim form duly completed and signed
- Original or a copy of the auto insurance policy
- Registration Certificate Copies (RC)
- A copy of your driver’s license
- A copy of the FIR (if necessary)
In the Event of Theft
- The insured vehicle’s ‘No Trace Report’
- Forms 26, 28, 29, 30, and 35 must be filled out and signed.
- Certificate of Original Registration (RC)
- Regional Transport Office theft declaration
- All key sets/warranty cards/service booklets
Benefits and features of Digit Car Insurance
By acquiring a Digit auto insurance coverage, you will be able to enjoy the following benefits:
- More than 5800 network garages provide cashless repair services.
- Special features include automobile pick-up, drop-off, and repair services.
- Digit auto insurance renewal is a simple and painless process.
- The smooth claim settlement procedure.
Why Choose Digit Car Insurance?
Cashless Repairs: There are over 5800 Cashless Network Garages in India for you to pick from.
Doorstep Pickup & Repair: Doorstep pickup, repair, and drop with a 6-month repair guarantee for repairs performed at our network garages.
Smartphone-enabled Self-Examination: Simply click the damages on your phone to finish.
Claims of super-fastness: We’ve settled 96 per cent of all private automobile claims!
24-hour customer service: Even on National Holidays, Digit’s full customer support call capabilities are available.
Personalize your vehicle IDV: With Digit, you can personalize your vehicle’s IDV to your liking!
Digit Car Insurance with Add-On Covers:
Zero Depreciation insurance (also known as bumper-to-bumper or parts depreciation cover): When a vehicle is destroyed, the full cost of replacement is not provided since depreciation is reduced from the claim amount. However, with Zero Depreciation coverage, the policyholder will get the entire cost of the repair or replacement offered. This is more appropriate for vehicles that are less than 5 years old.
Return to Invoice: Return to Invoice allows the policyholder to get the ex-showroom price or last invoice value if the vehicle is stolen or entirely destroyed. Return to invoice fills the difference between the IDV and the invoice value of the vehicle. Because of depreciation over time, the IDV is less than the invoice value.
Engine and gear-box protection: A comprehensive automobile insurance coverage does not cover engine damage unless it happens concurrently with the collision. The resulting engine damage will be covered by this add-on. For example, if a policyholder’s automobile is hauled violently, causing damage to the engine or transmission, this add-on will pay for the repairs.
Breakdown Assistance coverage: This add-on gives 24-hour roadside assistance for a vehicle up to 500 kilometres from the city. It covers scenarios such as a flat battery or tyre, small repairs, lodging perks, medical coordination, legal support, and towing.
Tyre Protect coverage: This add-on covers frequent circumstances in which just the tyre is damaged and not the automobile. It covers situations such as tyre explosions, bulges, or cuts that render the tyre unsuitable for usage.
Discounts offered by Digit Car Insurance:
NCB (No Claim Bonus) definition: An NCB is a premium discount offered to a policyholder in exchange for a claim-free policy period.
A no-claims bonus is a discount of 20-50 per cent that you obtain at the conclusion of your policy period by not filing any automobile accident claims under your car insurance policy.
This means you can’t obtain a no-claims bonus when you buy your first comprehensive auto insurance coverage; you can only get it when you renew your policy. When you renew your coverage, your no-claims bonus grows after each claim-free year.
For example, after the first year of no claims under your auto insurance coverage, you might earn a 20% NCB. This proportion will rise with each claim-free year, reaching 50% after 5 years – and then falling back to zero if you file a claim.
After reaching 50% in the fifth year, your NCB ceases to rise and remains constant. This is referred to as the No Claim Bonus Sunset Clause.
A No Claim Bonus is intended for the policyholder of an automobile insurance policy, regardless of the car. This implies that even if you change cars, your NCB remains with you.
If you opt to purchase a new automobile, you will be granted a new car insurance policy, but you will still be able to use the NCB you acquired on the previous car or policy.
Tips for Lowering Your Car Insurance Premium:
Increase your Voluntary Deductible – If you have had no claims for more than 4-5 years, or if you believe you can afford to pay more out of pocket during claims, you might consider increasing your Voluntary Deductible and lowering your auto insurance rate.
Maintain a Clean Driving Record – This may seem apparent, but it is critical. Aside from keeping you safe on the road, adhering to speed limits can help you prevent accidents and ensure you receive a No Claim Bonus each year.
Choose the Appropriate Add-ons – If you choose the right add-ons, additional covers may be really useful. As a result, select just the add-ons that you believe will be beneficial to you and your vehicle.
Claim process of Digit Car Insurance
Steps to make a Digit Cashless Car Insurance Claim
Step 1: Claim Indication:
It is critical to notify the insurer as soon as possible of the accident or covered event/uncertainty. All you have to do is dial the 24-hour toll-free number 1800-258-5956 and provide the Digit representative with all of the information you have. There will be no forms to fill out at this time.
Step 2: Acceptance of Claim Request and Vehicle Self-Inspection:
Digit is well-known for its rapid claim processing. A self-inspection link will be given to your registered cellphone number as soon as you notify us of the claim. You will be needed to follow the processes and instructions and photograph the vehicle’s damages using your smartphone.
Step 3: Evaluation and documentation:
The Digit team will examine the loss and damage and contact you with an estimate of the expenditures and claim amount.
Step 4: Repair and Final Claim Settlement:
Digit policyholders have accessibility to over 5800 affiliated garages to get hassle-free cashless workshop services. The corporation will directly pay the rightful claim amount, and the insurer will be able to take back the automobile after paying the appropriate deductibles.
Digit Car Insurance Renewal Process (Online/Offline)
Step 1: Enter the Make, Model, Variant, Registration Date, and City of the Vehicle (where the applicant is residing in). Click ‘Get Quote’ and then choose a plan.
Step 2: Select between a third-party liability-only policy or a basic package.
Step 3: Provide information about your prior insurance policy, including the date it expired, any claims filed in the preceding year, and any no-claim bonuses obtained.
Step 4: The user will be routed to a page with the updated premiums. If the user has chosen a Standard Plan, he or she can further modify it by picking add-ons, adjusting the IDV, and verifying whether or not the vehicle is equipped with CNG. The final premium will be displayed on the next page.
You may also renew your Go Digit vehicle insurance coverage in person at one of the insurer’s offices. In this case, the individual must ensure that he or she has the relevant documents with him or her while visiting the office, as the insurer will require them to process the vehicle insurance renewal request.
FAQ of Digit Car Insurance
Q1. Will Digit Car insurance transfer NCB when I shift my car insurer?
Ans: Yes, you may transfer your old auto insurer’s No Claim Bonus (NCB) to Digit General Insurance.
Q2. At how many garages does Digit offer cashless claim settlement service?
Ans: There are over 5800 Cashless Network Garages in India for you to pick from.
Q3. What documents do I need during policy purchase or renewal?
Ans: You will not be required to provide any documentation because Digit has a zero-paperwork policy for both the purchase and renewal of the policy. At the time of purchase, just enter the vehicle specifics such as the model, variation, registration number, and so on, and at the time of renewal, enter the details of your previous policy. You may find these facts on your car’s registration certificate (RC) and prior policy papers.
Q4. What is a No Claim Bonus?
Ans: The No Claim Bonus (NCB) is essentially a discount given to a policyholder by the insurer for making no or few claims throughout the policy period. NCB may also be acquired over time, with the reduction ranging from 20% to 50% depending on the damage premium.
Q4. What are the types of car insurance plans available with Go Digit?
Ans: Digit provides two types of automobile insurance: Third Party Liability Only Car Insurance Policy and Digit Comprehensive Car Insurance Policy.