Swaraj Tractor Insurance

Same as other commercial vehicles, it is mandatory to insure tractors. In this way, Swaraj Tractor Insurance is a type of commercial vehicle insurance policy that is designed to protect the tractors from unforeseen losses and damages that can occur due to situations like collisions, accidents, fire, natural calamities, theft, etc.

While a third-party tractor insurance policy provides insurance coverage against losses or damages incurred to third-party property or persons, a comprehensive tractor insurance policy also covers the damages or losses of the insured vehicle.

Popular Swaraj Tractor Models with Insurance Price

Disclaimer: The Swaraj Tractor Insurance Price for various tractor models may vary as per the engine capacity, IDV, type of Fuel, RTO, registration year, etc.

Reasons to Buy Swaraj Tractor Insurance Policy

Here are the reasons to buy Swaraj Tractor insurance policy:

• Purchasing Swaraj Tractor Insurance online is quick and easy.
• This policy protects Swaraj tractors against losses and damages that arise because of accidental damages, collision, explosion, theft, terrorism, flood, earthquake, storm, and others.
• According to Motor Vehicle Act, 1988, it is mandatory to insure commercial vehicles like tractors with at least a third-party vehicle insurance policy.
• The drivers and owners get personal accident cover.
• Swaraj Tractor insurance claim settlement is hassle-free and quick.
• The process of Swaraj Tractor insurance renewal is simple and fast.
• A cashless claim settlement facility is offered in all network garages of the insurer.

Types of Swaraj Tractor Insurance Policy

Swaraj Third-Party Insurance: A third-party commercial vehicle insurance policy provides insurance coverage against all the damages and losses incurred to third-party property or persons by the insured tractor. In addition to this, it is mandatory by law to insure commercial vehicles like tractors with at least a third-party liability insurance policy.

Swaraj Comprehensive Insurance: Unlike a third-party vehicle insurance policy, comprehensive vehicle insurance is not mandatory by law, but it is recommended by vehicle insurance experts. The reason for the same is its coverage that is offered to the insured vehicle and third-party both. This means an insured gets the insurance coverage for his/her vehicle against any losses or damages as well as for third-party.

Inclusions of Swaraj Tractor Insurance Policy

The inclusions of a Swaraj Tractor insurance policy are as follows:

• Any damage or loss incurred to tractor due to:
  • Riot, strike
  • Accident
  • Malicious act
  • Earthquake
  • Theft
  • Fire
  • Natural disasters
• The policy provides personal accident cover in case of personal injuries or death of the driver and/ or owner of the Swaraj Tractor.
• Any losses or damages incurred to a third-party person or property from the insured tractor are covered.

Additional Covers in Swaraj Tractor Insurance Policy

An additional cover or rider benefit is a type of coverage that one can add to his/her tractor insurance policy by paying an extra premium. Swaraj Tractor insurance details for add-on or additional covers are mentioned below:

• Personal accident coverage for paid drivers is offered.
• Legal liabilities of paid employees and drivers are also offered as additional cover.
• If one wants to get the coverage for electrical accessories of his/her tractor, that is also offered.
• Additional cover to protect the no claim bonus is also provided.
• Return of invoice cover is also provided as an add-on cover.

Exclusions of Swaraj Tractor Insurance Policy

• The own damages and losses are not covered by third-party liability insurance holders.
• The Swaraj Tractor insurance claim does not get approved if the driver-owner is found driving without a valid driving license at the time of the mishap.
• The claim also does not get approved when the driver/ owner is found driving under the influence of alcohol when the mishap occurred.
• Consequential damages are also not covered.
• Any losses or damages caused to the insured tractor because of contributory negligence are not covered.
• The depreciation in the value of the insured tractor over time is not covered.
• Mechanical and electrical breakdowns are also not covered in a Swaraj Tractor insurance policy.

How to Buy Swaraj Tractor Insurance Online

Today when almost everything is available online, one can also buy the commercial vehicle insurance policy for his/her Swaraj Tractor online by following the below mentioned few steps:

• Go to the commercial vehicle insurance page and click purchase commercial vehicle insurance.
• Mention all the required details such as make and model of the Swaraj Tractor its RTO information, type of insurance like comprehensive or third-party insurance, details of manufacture, claim details, etc.
• Soon after providing all the details, one can choose the quote from the list of insurers for Swaraj Tractors.
• After this, one has to choose an insurance policy as per his/her needs and then has to make the payment.
• The policy, after this, is mailed to the registered email id of the insured, or one can download it.

How to Renew Swaraj Tractor Insurance Online

The steps to renew the Swaraj Tractor Insurance policy online are as follows:

A policyholder should submit the renewal form of Swaraj Tractor Insurance with the following information and a representative of the insurer will get in touch:

• Insured’s name
• Mobile number of the policyholder
• His/her landline number (if available)
• His/her email-id
• Swaraj Tractor vehicle model
• Registration city
• Registration year
• Details of the previous Swaraj Tractor insurance like whether the policy was expired or not
• Commercial vehicle insurance policy type:
  • Buy an insurance policy for a brand new tractor
  • Renew an existing Swaraj Tractor Insurance policy
  • Renew an existing Swaraj Tractor Insurance policy from a different insurer

Swaraj Tractor Insurance Policy Claim Procedure

• While one is filing a claim for his/her tractor, the very first step he/she has to do is to inform the insurer at his/her toll-free number.
• For Swaraj Tractor Insurance cashless claim settlement, an insured has to fix an appointment with the surveyor of the insurer. After the survey, the commercial vehicle is taken to any of the network garages of the insurer for repair.
• One must have to provide all the required documents to the surveyor.
• The insurance provider can confirm the liability only after this.
• If the policyholder avails the cashless facility, then the Swaraj Tractor insurance provider will settle the claim directly with the network garage.
• However, if the policyholder avails the reimbursement facility, then he/she requires to settle the claim’s cost first by him/herself. Later, he/she has to submit all the original documents with the claim form to the insurer to settle the claim.

Documents Required for Swaraj Tractor Insurance Claims

• Signed and filled claim form
• Driving license’s copy
• Registration certificate’s copy
• Copy of FIR
• Repair’s estimate
• Load challan (for commercial vehicles)

Swaraj Tractor Insurance Policy FAQs

Q1. Is it mandatory to get insurance for tractors?

Ans. Yes, as per the Motor Vehicle Act, 1988, it is mandatory to buy at least a third-party liability insurance for all commercial vehicles whether it is a tractor or some other vehicle.

Q2. I have more than one tractor, is it possible to insure all my tractors in one tractor insurance policy?

Ans. No, every tractor must have its tractor insurance policy. So whether you have one or more than one tractor, you must have individual insurance policies for all.

Q3. Does a Swaraj Tractor insurance policy also cover the tractor driver?

Ans. Yes, a comprehensive tractor insurance policy provides insurance protection to both tractor and its owner/ driver.

Q4. How is the cost of a tractor insurance policy decided?

Ans. The cost of a tractor insurance policy depends on the following factors:

• The insured declared value of the tractor
• Fuel type used in it
• Vehicle type
• Vehicle age
• Registration place

Q5. Define 'No Claim Bonus' concerning tractor insurance?

Ans. No Claim Bonus is the discount that the insurance provider gives to its policyholders for not making any claims during the previous policy year. So its definition remains the same for tractor insurance as well.