International Tractors Insurance

International Tractors Insurance Overview

A renowned tractor manufacturing company, International Tractors Ltd. has manufactured some of the best selling commercial tractors between 20 HP to 90 HP. These agricultural tractors offer great performance with features like minimal fuel consumption and low emission.

By purchasing an International Tractor insurance policy, you can cover your tractor from unforeseen expenses that may arise out of events like natural disasters or even fire. You can also get coverage against any damage to the third party due to the insured tractor.

Popular International Tractors Models with Insurance Price

*Disclaimer: The International Tractors insurance cost of various variants depends on multiple factors like age, IDV, fuel type, coverage opted and more.

Reasons to Buy International Tractors Insurance Policy

Given below are some reasons to buy an International Tractors insurance policy for your commercial vehicle:

• Protection Against Uncertainties: With an International Tractor insurance policy, you can cover your tractor against many uncertain events on the road.
• Easy Online Purchase: Purchasing a tractor insurance policy online is also an easy and hassle-free process.
• Coverage Against Loss: If your tractor is lost or stolen, you can easily get compensation under a valid International Tractors insurance policy.
• Extended Coverage: You can also extend the coverage of your tractor insurance policy by opting for additional covers offered by the insurer.

Types of International Tractors Insurance Policy

The two major types of International Tractors insurance policy offered are:

Third Party Liability International Tractors insurance Policy

A third party liability tractor insurance policy provides coverage against damages sustained by the third party due to an accident by the insured tractor. These liabilities include demise or injury to the third party and property damage of the third party. Moreover, a third-party liability policy is also a mandatory cover as per the motor laws of India.

Comprehensive International Tractors Insurance Policy

Under a comprehensive tractor insurance policy, the insurer offers coverage against own damages sustained by the insured vehicle arising out of events like accidents, riots, strikes, etc. This policy also covers third party liabilities arising out of the insured tractor.

Inclusions of International Tractors Insurance Policy

An International Tractors insurance policy provides coverage against the following losses:

• Any third party liability arising out of the insured tractor
• Losses arising out of theft or burglary of the insured vehicle
• Damages due to cyclones, hurricanes, floods and other natural disasters
• Damages caused when the insured vehicle was in transit via inland, railways, waterways, etc
• Damages due to manmade disasters like riots, strikes, fire, etc
• Damages due to external means, for instance, a road accident

Additional Covers Under International Tractors Insurance Policy

The coverage of an International Tractors insurance policy can also be enhanced by buying additional covers at an additional premium. These add-ons include:

• Zero Depreciation Cover
• Roadside Assistance Cover
• Engine Protect Cover
• PA Cover for Paid Driver
• IMT 23 Cover

Exclusions of International Tractors Insurance Policy

The exclusions or risks that are not covered under an International Tractors insurance policy include:

• Losses arising out of any contractual liability
• Damages to the insured vehicle due to nuclear peril or war
• Damages to the insured tractor due to drunk driving
• Damages to the insured vehicle when the driver was driving without a driving license
• Damages to the commercial tractor when it was being privately used.
• Losses arising outside the geographical location as mentioned in the insurance policy
• Claims arising out of the electrical or mechanical failure of the insured tractor

How to Buy International Tractors Insurance Policy Online?

Visit the official website of Policybazaar Insurance Brokers Private Limited and follow these steps to buy International Tractors insurance online:

• From the ‘Insurance Products’ dropdown, visit the ‘Commercial Vehicle Insurance’ page
• Provide details like name and contact number to view free quotes.
• Select the kind of commercial vehicle such as a Tractor
• Select your tractor manufacturer such as ‘International Tractors’
• Now select tractor model and variant
• Choose the registration year and RTO
• From the mentioned International Tractors insurance plans, select the one that suits your needs along with preferred add-ons.
• Fill out the proposal form and proceed with ‘Summary and Payment’
• Pay the premium via your preferred payment method
• After the payment is successful, your International Tractors insurance policy papers will be sent to your email.

How to Renew International Tractors Insurance Policy?

For International tractors insurance renewal online, follow the steps mentioned below:

• From Policybazaar.com, select ‘Commercial Vehicle’ from the ‘Insurance Products’ menu.
• In the given form, enter details like name and mobile number.
• Enter the type of commercial vehicle, manufacturer name, model, variant
• Enter tractor’s registration year and RTO details
• From the given International Tractors renewal plans, select the preferred option
• Select the add-ons you want to add
• After the payment has been done, your International Tractors renewal will be complete. The policy papers will be sent to your email id.

Claim Procedure for International Tractors Insurance Policy

To raise a claim under International Tractors insurance, follow the steps mentioned below:

• Report the insurance company about the incident for a faster claim registration.
• The insurer will send a surveyor to inspect the damages caused to the insured tractor.
• Submit all the relevant documents to the surveyor for claim settlement.
• The insured tractor will be sent for repairs and the claim will be settled with the authorised workshop.
• If it's a reimbursement claim, the insurer will refund you the repair amount after the repairs have been done in a non-network garage.

Document Required for Claim Under International Tractors Insurance Policy

For a successful International Tractors claim, you will be required to have the following documents handy with you:

• Copy of Police FIR
• Fitness certificate
• A valid driving license
• Tractor insurance policy documents
• Copy registration certificate
• Duly filled and signed claim form

• Q5. Is it necessary to file a Police FIR to claim under an International Tractors insurance policy?

  Ans. Yes, a police FIR is one of the necessary documents that is required to file International Tractors claim in case of accident, theft or third party damages.