Ashok Leyland Ecomet Insurance

Ashok Leyland Ecomet Insurance Overview

If you are planning to purchase an Ecomet truck by Ashok Leyland, you must also purchase the mandatory commercial vehicle insurance for your truck. Ashok Leyland Ecomet insurance helps policyholders cover the damages sustained by the insured Ecomet truck due to unforeseen incidents, such as a road accident. Furthermore, it covers damages sustained by the third party due to an accident involving the insured Ecomet truck.

With this policy, the vehicle owner will be saved from bearing any heavy expenses from his/her own pocket. Therefore, it is of utmost importance for every Ecomet owner to possess a commercial truck.insurance policy.

Popular Ashok Leyland Ecomet Models with Insurance Price

*Disclaimer: The Ashok Leyland Ecomet insurance price for different variants depends on multiple factors like registration year, claim status, IDV of the vehicle, additional covers, etc.

Reasons to Buy an Ashok Leyland Ecomet Insurance Policy

Here are some essential reasons to purchase an Ecomet insurance policy for your Ashok Leyland truck:

• Covers Calamities: An Ashok Leyland Ecomet insurance policy will cover your vehicle against damages arising from both natural and manmade calamities.
• Coverage for a Total Loss: You will also be covered in case your Ashok Leyland Ecomet is stolen or suffers a total loss due to fire or explosion.
• Mandatory Requirement: It is also a mandatory requirement for every truck owner in India to have a valid commercial vehicle insurance policy asper the IRDAI.
• Enhanced Protection:With Ashok Leyland Ecomet insurance, you can enhance the protection of the insured vehicle by purchasing many add-on covers on the payment of some extra premium.

Types of Ashok Leyland Ecomet Insurance Policy

A policyholder can purchase two types of Ashok Leyland Ecomet insurance policy, namely Third Party Liability and Comprehensive Ecomet commercial vehicle insurance. Let us understand these in detail below:

1. Ashok Leyland Third Party Ecomet Insurance

The third-party liability Ecomet insurance policy provides coverage against third party liabilities involving the insured Ashok Leyland Ecomet. Under this policy, compensation is provided for third party bodily injury, death, and property damage of the third party. This policy is mandatory to have as per the IRDAI but is not enough to cover its own damages sustained by the insured vehicle.

2. Ashok Leyland Comprehensive Ecomet Insurance

Ashok Leyland Comprehensive Ecomet insurance is an extensive policy covering both the insured Ecomet and third party liabilities. Under this policy, a policyholder can opt for coverage against own damages sustained by the insured Ecomet truck due to unanticipated events like theft, fire, road accidents, earthquakes, riots, and more. This policy further covers the third party liabilities due to the accident of the insured vehicle.

Inclusions of Ashok Leyland Ecomet Insurance

The Ashok Leyland Ecomet insurance policy provides coverage against the below-mentioned damages:

• Covers damages arising due to fire or explosion of the insured vehicle
• Damages sustained by the insured Ecomet due to earthquakes, storms, cyclones and other natural calamities are covered
• The Ecomet insurance policy also covers damages to the insured vehicle arising due to any manmade or terrorist acts.
• Loss of the insured Ecomet due to theft or burglary are covered
• Any damage sustained by the insured Ecomet truck while in transit on the road, rail, water, or air is also covered.
• Provides coverage against damages arising out of external accidental means, such as a road accident

Additional Covers Under Ashok Leyland Ecomet Insurance

A policyholder can also enhance the coverage of an Ashok Leyland Ecomet insurance policy by opting for additional covers offered at an extra premium. These add-ons include:

• Personal Baggage Cover
• Return to Invoice Cover
• Engine Protection Cover
• Towing Cover
• EMI Protect Cover
• Consumables Cover
• Nil Depreciation Cover
• Roadside Assistance Cover

Exclusions of Ashok Leyland Ecomet Insurance

There are also some damages that are excluded from the coverage of Ashok Leyland Ecomet insurance. These exclusions are:

• Damages sustained by the insured Ecomet due to mechanical or electrical failure
• Loss or damage arising due to civil war, or nuclear attack
• Damages caused to the insured vehicle when the driver was under the influence of alcohol
• Damages arising when the driver was not carrying a valid driving license
• Damages are sustained when the insured Ecomet is being used for personal purposes.
• Any loss or damage to the insured vehicle caused when it was outside the specified geographical location

How to Buy Ashok Leyland Ecomet Insurance Online?

You can purchase the Ashok Leyland ecomet insurance policy easily from Policybazaar.com. Follow the steps mentioned below:

1. Visit the ‘Commercial Vehicle Insurance’ page from the ‘Insurance Products’ dropdown on the website's homepage

2. Fill in your name and mobile number on the given form

3. Now choose the type of vehicle as 'Truck'

4. Once you have chosen the vehicle type, select your vehicle's manufacturer i.e. 'Ashok Leyland'.

5. Select your vehicle's model as 'Ecomet' and the variant to view free quotes

6. Now select your vehicle registration year

7. Also, enter the RTO of your Ecomet truck

8. From the mentioned Ashok Leyland Ecomet insurance plans, choose the one that suits your needs.

9. Select any add-on or accessories you need

10. Fill in the required details and select the option 'Pay Securely'

11. Once the premium has been verified by the insurer, you can pay the premium amount via bank cards, wallet, net banking, etc.

12. Once the payment is successful, you will receive your Ashok Leyland Ecomet insurance policy papers in your email.

How to Renew Ashok Leyland Ecomet Insurance?

For Ashok Leyland Ecomet insurance renewal, visit the official website of Policybazaar Insurance Brokers Private Limited and follow the steps mentioned below:

1. Go to the ‘Commercial Vehicle Insurance’ page from the Insurance Products dropdown

2. Enter your name & email and proceed

3. Enter your vehicle details like RTO, variant, manufacturer and select ‘View Free Quotes’

4. Select the expiry date and previous claim details of your Ecomet

5. From the mentioned Ashok Leyland Ecomet insurance renewal plans, choose the preferred plan along with add-ons that you wish to add.

6. Proceed with premium payment via your preferred payment mode

7. Once the premium has been paid, your Ashok Leyland Ecomet insurance will be renewed. You will receive your renewed policy documents at your registered email address.

Claim Procedure for Ashok Leyland Ecomet Insurance

A policyholder can raise an Ashok Leyland Ecomet insurance claim by following the procedure mentioned below:

• Inform the insurer about the damages to your insured Ecomet truck soon after the accident to register a claim
• A surveyor will be sent by the insurance company to evaluate the extent of damages sustained by the vehicle.
• Submit all the required documents to the surveyor for the claim to be processed
• The insured Ecomet will then be sent for repairs in the authorized network garage and the claim amount will be settled by the insurer directly with the network garage.
• If the insured vehicle has been repaired in a non-network garage, the insurer will reimburse you the claim amount after you have paid the bill amount.

Documents Required for an Ashok Leyland Ecomet Insurance Claim

The following documents are required to raise an Ashok Leyland Ecomet insurance claim:

• Duly filled claim form
• Driving license of the driver who was driving the Ecomet at the time of the accident
• Valid fitness certificate
• Copy of a Police FIR
• A copy of the registration certificate
• Commercial vehicle insurance policy documents