WHY YOU SHOULD BUY TRACTOR INSURANCE ONLINE?
Same as other commercial vehicles, it is mandatory to ensure your tractors for them to run legally on Indian roads as per the Motor Vehicle Act. This also financially protects you from any losses and damages caused to a third party due to a tractor owned by your business. All businesses are prone to face risks, large and small. However, if you are an asset-heavy business with multiple tractors for business operations, then getting tractor insurance is the least you can do to protect all your tractors from your damage and losses both to the tractor and the driver-owner itself. Insuring your tractor will ensure that you are protected from any unforeseen losses, thus avoiding any type of business downtime that can occur due to natural disasters, theft, and other third-party liabilities.
In India it is mandatory to ensure your tractors for them to run legally on Indian roads as per the Motor Vehicle Act. This also financially protects you from any losses and damages caused to a third party due to a tractor owned by your business. All businesses are prone to face risks, large and small. However, if you are an asset-heavy business with multiple tractors for business operations, then getting tractor insurance is the least you can do to protect all your tractors from your damage and losses both to the tractor and the driver-owner itself. Insuring your tractor will ensure that you are protected from any unforeseen losses, thus avoiding any type of business downtime that can occur due to natural disasters, theft, and other third-party liabilities.
HOW TO BUY TRACTOR INSURANCE ONLINE
Steps to get tractor insurance renewed online in India:-
1. Share RC or Existing Insurance Copy.
2. Get Tractor Insurance quotes online.
3. Select the quote you desire and buy/to renew online.
4. Receive the soft copy of your email.
HOW TO CLAIM FOR TRACTOR INSURANCE ONLINE?
If you wish to file an insurance claim for your tractor, you should notify the insurer as soon as possible in case of an accident or damage to the insured vehicle.
You can notify the insurer by contacting them via a toll-free number, which is generally included on all policy copies, or you can also reach them via email. To file a claim for tractor insurance, fill out the claim form, which is available on all insurer websites. To make a claim for tractor insurance, you must have the following items:
The following is a list of documentation that you should have on hand when submitting a claim for your insured tractor:-
- Filled Claim Form
- Vehicle Registration Certificate and Driving license
- Fitness Certificate
- Load Challan
- Tax Slips
- Original Insurance Copy. (Print of soft copy is also valid)
- Aadhar Card
- Route Permit
- First Information Report Copy
- WHAT IS COVERED IN TRACTOR INSURANCE?
TRACTOR INSURANCE PROVIDES COVERAGE FOR THE DAMAGES INCULDED;-
- Damage suffered by the tractor due to natural disasters such as earthquakes (fire and shock damages), lightning, road slides or landslides, storms, tempests, floods, inundations, hurricanes, typhoons, tornadoes, hailstorm frost, cyclones, etc.
- Damage suffered by the tractor due to man-made causes such as fire, burglary, housebreaking or theft, strikes, riots, malicious acts, terrorist activity, etc.
- Third-party liability is faced when the tractor physically hurts another individual or when the tractor damages another individual’s property.
- Personal accident cover for the owner/driver of the tractor which pays a lump sum benefit in case of accidental death and disablement.
- Impact by any rail/ road vehicle or an animal belonging to third parties.
- Damages whilst in transit by road, rail, inland, waterway, lift, elevator or air.
