TVS Jupiter Insurance

Looking for the best budget-friendly two-wheeler for your daily conveyance? What about TVS Jupiter? Learn all about why this TVS scooter is so popular and things you must look for before purchasing an insurance policy for the TVS Jupiter.

Jupiter is just one of the affordable scooters manufactured by TVS Motor Company. Founded in 1978, TVS is the third-largest motorcycle manufacturing company operating in India. In May 2019, the company registered total sales of more than 3 Lakh units. (1)

TVS Jupiter has been an especially popular vehicle from the brand, delivering impressive performance on a limited budget. According to an October 2019 survey, Jupiter was ranked as the second best-selling two-wheeler in India. In that single month alone, TVS managed to sell more than 74,500 TVS Jupiter scooters to consumers in India. (2)

So, now that you have zeroed in on purchasing a TVS Jupiter, you will also need to think about safeguarding your finances from losses in case of any damage to your scooter due to an accident, fire, natural calamity, etc. 

Therefore, purchasing a TVS Jupiter insurance policy is the next obvious step to prevent financial losses under such circumstances. 

Further, availing at least a third party liability two-wheeler insurance is not only beneficial but also mandatory, as per the Motor Vehicles Act, 1988. If you fail to provide proper coverage to your vehicle, you are liable to pay a fine, ranging between Rs. 2,000 and Rs. 4,000. Therefore, make sure you avail insurance without fail.

TVS launched Jupiter in 2013. Within the next seven years, Jupiter has captivated the scooter market in India. Every year, the model manages to reach new heights when it comes to the sales figure. 

Following are a few interesting facts that you MUST KNOW about the TVS Jupiter:

• Powered by a single 110cc cylinder, Jupiter relies on a four-stroke engine. Mileage or fuel efficiency is the most important factor for affordable vehicles in India. Thankfully, the TVS Jupiter promises to run 49 km per litre. The best-in-class model delivers a mileage of 62 kmpl. 
  
• Apart from the internal features, the external build quality also greatly impresses. Although simple, the design looks stunning and is effective. Moreover, the body material is durable enough to endure small impacts without undergoing dents. 
  
• Customers can gather the popularity of the scooter from the various awards that it has earned till date. In 2014, TVS Jupiter became the first two-wheeler to be awarded the Viewer’s Choice 2-Wheeler of the Year in the NDTV Car and Bike Awards. 
  
• Moreover, the vehicle model has also received five Scooter of the Year award from various sources since its launch. 
  

As you can understand, owning a TVS Jupiter is a matter of great pride. Therefore, you must take care to protect your investment in this vehicle at all costs. 

Buying Jupiter insurance is the only way to recover money in case of accidental damage to your scooter, as well as damage to other parties involved in the accident. 

The cost for such a policy depends on the engine capacity, age and many other factors of your vehicle. Moreover, an insurer also checks whether your scooter model includes updated safety and security specifications.

Are you confused about the best insurance provider? Why don’t you consider Digit?

In a short span, Digit has established itself as a leader when it comes to insurance companies. It has maintained a unique identity, offering facilities and options that other insurance providers simply do not offer. Here are some of the benefits of opting for Digit two-wheeler insurance:

• Easy to Avail Cashless Repairs for your Jupiter Two-Wheeler - Digit has over 1,000 network garages across India. Therefore, regardless of where you are when your scooter meets with an accident, you can easily seek repairs without spending money out of your pockets. If you avail repair services from non-network garages, you would need to pay the cost of repair, before applying for reimbursement of the same from your insurer. This is an added hassle, especially if you are short on funds at the time of the accident.
  
• Minimal Documentation and Swift Claim - Digit does not force policyholders through the complicated process of raising claims. Instead, you can simply file a claim online and receive financial assistance in a short span. This streamlined process is desirable when it comes to repairing the two-wheeler soon after the damage occurs. Especially with our smartphone enabled self-inspection, the process of raising claims becomes easy and much more efficient. Further, the high claim settlement ratio of Digit insurance helps you to minimise the chances of your claim getting rejected.
  
• Abundant Policy Options to Suit your Specific needs - The insurance provider you select must offer ample options when it comes to picking the kind of policy cover you want to protect your vehicle. Digit excels in this regard, by offering a variety of two-wheeler insurance plans.
  
• a) Third-Party Two-Wheeler Insurance Policy – There are Jupiter insurance plans that provide financial assistance for damages to a third-party individual, vehicle or property involved in the accident with your TVS Jupiter but does not extend the policy benefits to cover your own vehicular repairs. Such a policy is known as a third-party liability cover.
  
• b) Comprehensive Two-Wheeler Insurance Policies – An insurance plan that provides cover to third-party damage, as well as damage sustained by your own vehicle is known as a comprehensive two-wheeler insurance policy. These policies also provide financial aid if your vehicle suffers from damage due to natural calamities, such as floods, earthquake, etc. alongside fire and other man-made calamities.

Now, if you purchased your TVS Jupiter after September-2018, you should look into an own damage cover for your vehicle. You can avail this standalone cover if you already have a third party liability insurance policy in place, and avail financial protection for your own bike making your insurance policy better rounded. 

• 24x7 Availability of Customer Care Services - A superior insurance provider needs to remain available for their customers at all times. Digit takes great care to meet consumer expectation in this regard. The company’s customer care services are one of the best in the industry, offering a quick and hassle-free resolution to all your issues. Whether you have a question or want to file a claim, Digit’s customer assistance department is just a call away.
  
• Avail No Claim Bonus Benefits - If you are a safe driver who manages to avoid accidents, you may not need to claim your insurance cover every year. For claim-free years, Digit offers you specific benefits. Digit provides a no-claim bonus in the form of attractive premium discounts for every non-claim year, lowering your policy price even further. This NCB benefit can range up to 50%, depending on the number of non claim years.
  
• Customise Insured Declared Value - IDV refers to the insured declared value. It is the specific lump-sum payment that you can claim in case of total loss or theft of your two-wheeler. The IDV is important as it can financially help you replace your vehicle in case of catastrophic damage. Digit’s two-wheeler insurance plans allow you to increase the IDV for a vehicle, ensuring better support when such unfortunate events occur.
  
• Enhanced Protection with Add-on Covers - Add-ons are an important part of a policy cover, especially when you have specific needs from your insurer. If the base plan does not offer a particular clause, you can opt for a range of essential riders for the plan. Some of the add-on covers offered by Digit include:
  
  • a) Zero depreciation cover.
    
  • b) Engine and gear protection cover.
    
  • c) Return to invoice cover.
    
  • d) Breakdown assistance.
    
  • e) Consumable cover.

• Online Availability Simplifies Buying and Renewing Policies - Digit facilitates the online purchase of two-wheeler insurance policies. Therefore, consumers can simply visit the company’s official website to compare various products. Next, they can choose a plan and pay the associated premiums to start availing the coverage from the same. Similarly, when it is time to renew the plan, you can log-in using your policy credentials and quickly undergo renewal for the plan.

Thus, with such benefits and more, Digit is the perfect option when it comes to opting for a two-wheeler insurance policy for your TVS Jupiter scooter.