Tata Ace Insurance

The Tata Ace is a multipurpose mini truck by Tata Motors that is extremely popular in India, thanks to its reliability and efficient performance.
Available in petrol, CNG, and diesel options, Tata Ace boasts a strong payload capacity, a comfortable cabin, and an impressive fuel efficiency, making it quite economical.
This light commercial vehicle is mostly used by small businesses for transportation of goods, and for everyday hauling tasks such as delivering groceries, agri products, beverages and bottles, FMCG and FMCD goods, e-commerce, dairy, pharmaceutical products and other food products.
So, it is important to protect this versatile and extremely useful vehicle in situations of loss or damage by getting a Commercial vehicle insurance policy by Digit, which is just as reliable as Tata Ace.
Tata Ace Insurance is a type of commercial vehicle insurance policy designed to protect specifically Tata Ace, which is a light commercial vehicle used to transport goods.
This comprehensive insurance policy covers you financially in case your Tata Ace suffers any unforeseen damage or loss due to accidents, theft, natural calamities, third-party liability, etc. The coverage you’ll receive will depend on the type of insurance policy you opt for and the add-ons you buy along with it.
Note: Light Commercial Vehicle Insurance in Commercial Vehicles will be covered under Digit Commercial Vehicle Package Policy - Goods Carrying Vehicle.
UIN number IRDAN158RP0001V01201819
Tata Ace Insurance is a type commercial vehicle insurance that is a contract between you and the insurance company. You pay a small amount as the premium and in turn the insurer provides you with financial protection for your vehicle against damages due to accidents, natural disasters, theft, and other unforeseen events. Here's how it works
Choose a Policy
You choose the type of tata ace insurance plan, including the appropriate add-ons that suit your needs and budget
Buy or Renew Policy
As per your chosen tata ace insurance plan, you can buy or renew auto rickshaw insurance online instantly with Digit
Pay Premium
After purchasing the policy, you have to pay regular payments or tata ace insurance premium to the insurance company, either annually or in installments.
File a Claim
File a claim with your insurer and provide the required documents. After damage assessment, the insurer will settle the claim as per the policy terms.
If you own a Tata Ace, an insurance policy is a must have due to the following reasons:
Yes, having at least Tata Ace insurance third-party policy is mandatory by law in India to drive it legally on the roads, else you will have to face penalty and even imprisonment.
This type of insurance covers any damage or injury you might cause to other people or their property due to your vehicle.
Key Features |
Digit Benefit |
Claim Process |
Paperless Claims |
Customer Support |
24x7 Support |
Premium |
Customized as per type of commercial vehicle & number of vehicles to be insured |
Additional Coverage |
PA Covers, legal liability cover, special exclusions and compulsory deductibles, etc. |
Damages to Third-Party |
Unlimited liability for personal damages, up to 7.5 lakhs for property/vehicle damages |
We treat our customers like VIPs, know how…
When it came to motor insurance specifically, Digit showcased a high-efficiency Claims Settlement Ratio (CSR), with 96% of motor claims settled seamlessly and we make this simple with:
Smartphone-enabled self-inspection process, with which you can file your claim in minutes!
Cashless Claims at over 9000 garages in India, so you can get your two-wheeler fixed without stress.
Everything digital and paperless. No need for hard copies—just upload everything on our app, and you're all set!
It is equally important to know what’s not covered in your commercial vehicle insurance policy so that there are no surprises when you make a claim. Here are some such situations:
Digit offers the following add-ons with Tata Ace insurance online to provide enhanced protection. Choose the ones most suitable for you to get better coverage.
Based on the requirement of your commercial vehicle, we primarily offer two policies. However, considering the risk and use of commercial vehicles, it’s recommended to take a Standard Package Policy that will financially protect your own commercial vehicle, and the owner-driver using it as well.
Tata Ace comprehensive commercial vehicle insurance protects you financially in case of damage or loss to your own commercial vehicle in any unfortunate incident. It also covers you against damage, loss, or injury to any third-party caused due to your Tata Ace.
The Standard Package plan also allows you to enhance your coverage by allowing you to opt for add-ons as per your needs.
The third-party liability only commercial vehicle insurance for Tata Ace has your back financially only in case of damage, loss, or injury to third-party property or person due to your vehicle. Also, you must have at least a third-party insurance policy in India as it is mandatory by law.
No add-ons are available with this plan and the Tata Ace third-party insurance price is fixed by IRDAI.
Damages caused by your commercial vehicle to any third-party person or property |
✔
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✔
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Damages caused to any third-party person or property by the vehicle being towed by your insured commercial vehicle |
✔
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✔
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Loss or damages to own commercial vehicle due to natural calamities, fire, theft or accidents |
×
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✔
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Injury/death of owner-driver If owner-driver doesn’t already have a Personal Accident Cover from before |
✔
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✔
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Enter Vehicle Details
On the Digit App or website, enter the vehicle registration number and select the policy status.
Choose a Plan
Select the type of vehicle insurance plan and choose desired add-ons.
Enter Personal Details
Enter your personal, nominee and vehicle details, and move to the next step.
Make Payment
Complete the payment and mandatory KYC verification process.
That's It!
You’ll receive the policy document via email, SMS and WhatsApp. Also, you can access it 24X7 on the Digit App.
To buy Digit commercial vehicle insurance online, a load of paperwork is not required. Furnish only the following documents to buy a new two-wheeler insurance policy within minutes:
Registration Certificate
Previous Year Insurance Policy
Documents for KYC Verification
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(250K + Customer Ratings)
To download your renewed or already active Commercial Vehicle insurance policy with Digit, follow the given steps:
Login to Your Acount
Visit the Digit website or app and click on ‘Login’ at the top-right corner. Enter your registered mobile number and verify with OTP.
Visit ‘Active Policies’
Once logged in, navigate to the Active/My Policies section. Here, you can check the policy number, end date & start date.
Download the Policy
Done! You can save, share, print or email the policy for future reference anytime, anywhere.
Login
Open the Digit App and go to the "File Motor Claim" option. Login and you'll be directed to the "File Motor Claim" page. Click on the policy card to start claim filing.
Provide Details
Fill in all the details related to the accident and damage to the commercial vehicle.
Enter Personal Details
Update your personal details and that's it, your claim is successfully filed, and you will receive the next steps on your email & WhatsApp.
The Tata Ace insurance price depends upon the Insured's Declared Value (IDV) of the insured vehicle. This IDV is adjusted for depreciation value of your vehicle as per the below table.
This age-wise depreciation is applicable for only Total Loss/Constructive Total Loss (TL/CTL) claims.
Tata Ace Age | Depreciation Rate |
Not Exceeding 6 months | 5% |
Exceeding 6 months but not exceeding 1 year | 15% |
Exceeding 1 year but not exceeding 2 years | 20% |
Exceeding 2 years but not exceeding 3 years | 30% |
Exceeding 3 years but not exceeding 4 years | 40% |
Exceeding 4 years but not exceeding 5 years | 50% |
NCB full form is 'No Claim Bonus', which is a discount offered when you do not file any claim in the previous policy year. You can calculate the Tata Ace insurance amount after applying NCB using a No Claim Bonus Calculator available on insurance companies’ websites.
The No Claim Bonus percentage for any commercial vehicle is generally calculated in the following way:
Claim free years | No Claim Bonus |
After 1 year | 20% |
After 2 years | 25% |
After 3 years | 35% |
After 4 years | 45% |
After 5 years | 50% |
There are various factors that affect your Tata Ace first party insurance price, such as:
Model, Engine & Make of the Vehicle: Different models of Tata Ace have different features and therefore different risks. This is why each of them will have different Tata Ace insurance price.
Location: Different cities and areas have varying levels of risk. Some areas are safer for driving or more expensive than others, which directly affects the Tata Ace insurance amount.
No-Claim Bonus: If you have not made any claim in the previous policy year, then at the time of renewal you can get a discount on your Tata Ace insurance price as No Claim Bonus.
Type of Insurance Plan: Whether you opt for third-party liability insurance or comprehensive Tata Ace insurance plan, will directly impact the Tata Ace insurance amount, as each plan offers different coverage benefits.
When opting for Tata Ace insurance online, remember the following things:
Add-On Covers: Consider additional covers like zero depreciation, engine protection, etc., as they provide extra protection and peace of mind.
Insured Declared Value (IDV): The IDV is the maximum sum assured by the insurer in case of total loss or theft of the vehicle. Ensure the IDV is accurately calculated to make sure you get your right claim amount at the time of settlement.
Quick Claim Settlement: The main feature of any good Tata Ace insurance policy is to get your claims settled! So, make sure you pick an insurance company that will guarantee quick claim settlements.
Premium Costs: Compare premiums from different insurers to get the best Tata Ace third party insurance price.
Service Benefits: Consider services such as 24x7 Customer Support and a Wide Network of Cashless Garages, among others. In times of need, these services matter.
Here are some reasons for Tata Ace’s unwavering popularity and why you should buy it:
Economical: Tata Ace stands out in the mini truck sector in India with its competitive price point and offers good fuel efficiency, thus, allowing you to save money in the long run.
Versatile: Available in diesel, petrol and CNG variants, this mini truck can work efficiently on different terrains and weather conditions
Payload Capacity: It has a strong payload capacity to ensure that you can transport a significant amount of cargo in one go.
Easily Manoeuverable: Since Tata Ace has a compact size, it can easily fit into narrow streets and tight areas, making it perfect for delivering goods in urban settings and congested areas.
Durable: Tata Motors boast of a robust construction and dependable performance, which can be seen in Tata Ace as well. Thus, you will experience fewer breakdowns and lower maintenance costs.
Superior Service Network: Tata Motors is a trusted brand in the Indian automobile industry, so as a Tata Ace owner you get access to a wide service network, and easy assistance and repairs across the country.
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Here is the list of Tata Ace variants covered under Tata Ace insurance online: