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Disclaimer:Tata Capital Limited (“TCL”) registered with IRDAI (License No. CA0896, valid till 21-Jan-2027), acts as a Corporate Agent “Composite” for Go Digit General Insurance Limited. Please note that, TCL does not underwrite the risk or act as an insurer. For more details on the risk factors, terms and conditions please read sales brochure carefully of the Insurance Company before concluding the sale. Participation to buy insurance is purely voluntary.

The Registered office of TCL is Tata Capital Limited, 11th Floor, Tower A, Peninsula Business Park, Ganpatrao Kadam, Marg, Lower Parel, Mumbai-400013.
The Registered Office of Go Digit: Go Digit General Insurance Limited, 1st Floor, Fairmont, Hiranandani Business Park, Powai, Mumbai – 400076.
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Manasvi Gupta

Written By:

Manasvi Gupta

Manasvi Gupta

Manasvi Gupta

Content Writer

Storyteller at heart, Manasvi brings 4 years of content and marketing experience to Digit. Whether it's writing SEO-optimised articles or a researched and insightful blog, she strives to transform ideas into creating impactful and engaging content.

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Manasvi Gupta

Manasvi Gupta

Content Writer

Storyteller at heart, Manasvi brings 4 years of content and marketing experience to Digit. Whether it's writing SEO-optimised articles or a researched and insightful blog, she strives to transform ideas into creating impactful and engaging content.

mayur-black-white-test

Reviewed By:

Mayur Kacholiya

mayur-black-white-test

Mayur Kacholiya

Product Head - Motor

Mayur specializes in motor insurance and is responsible for overseeing the development and management of motor insurance products. With expertise in product strategy and market analysis, he focuses on developing customer-centric insurance solutions.

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mayur-black-white-test

Mayur Kacholiya

Product Head - Motor

Mayur specializes in motor insurance and is responsible for overseeing the development and management of motor insurance products. With expertise in product strategy and market analysis, he focuses on developing customer-centric insurance solutions.

Buy/Renew Commercial Tractor Insurance Online in India

Tractors are an important piece of equipment in the Indian agriculture and other industries, and their use poses higher risks. Thus, getting tractor insurance is crucial for safeguarding these machines against accidents and damage and for ensuring smooth and secure operations. 

So, here’s a 2025 guide for commercial tractor insurance to help you buy/renew the best tractor insurance policy in India.

Table of Contents

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Listen to the Audio Overview of This Article

what is tractor insurance

What is Tractor Insurance?

  • Tractor insurance is a type of commercial vehicle insurance policy designed to protect your tractor that is used for commercial purposes such as agriculture, from any unforeseen damages and losses due to instances such as accidents, collisions, natural calamities, fires or even thefts.
  • While a third-party liability policy for tractors only covers for damages to a third-party, a comprehensive insurance for tractors also covers for own damages and losses, thus, giving you and your business just the right amount of coverage you need for your commercial tractors.

How Does Tractor Insurance Work?

Tractor 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 tractor insurance plan, including the appropriate add-ons that suit your needs and budget

Buy or Renew Policy

As per your chosen tractor insurance plan, you can buy or renew tractor insurance online instantly with Digit

Pay Premium

After purchasing the policy, you have to pay regular payments or tractor 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.

why should i buy tractor insurance

Why Should I Buy Tractor Insurance?

  • If you or your organization uses a tractor or multiple tractors for your daily business operations, having at least a third-party liability tractor insurance is mandatory as per the Motor Vehicle Act. This financially covers you from any losses and damage caused to a third-party due to a tractor owned by your business.
  • All businesses are prone to risks both big and small. However, if you’re an asset heavy business with several tractors being used for business operations, then getting a tractor insurance is the bare minimum you can do to protect all your tractors from own damages and losses- both to the tractor and the driver-owner itself.  
  • Insuring your tractor ensures you are protected against unforeseen, hefty losses thus preventing any kind of business downtime that is likely to arise during natural calamities, and fires.

Why Choose Commercial Tractor Insurance by Digit?

We treat our customers like VIPs, know how…

Customize your Vehicle IDV

Customize your Vehicle IDV

With us, you can customize your vehicle IDV as per your choice!

24*7 Support

24*7 Support

24*7 call facility even on National Holidays

Super-Fast claims

Smartphone enabled self-inspection processes takes minutes!

What's Covered in Tractor Insurance?

Accidents

Accidents

Damages and losses caused to the tractor due to an accident.

Theft

Theft

Any damages and losses caused to the tractor in the case of a theft.

Fire

Fire

Any damages or losses caused to the tractor in an unfortunate case of fire.

Natural Disasters

Natural Disasters

Any damages and losses caused to your tractor due to floods, earthquakes and other natural calamities.

Personal Accident

Personal Accident

Covers for any personal injuries or death of the owner-driver of the tractor.

Third Party Losses

Third Party Losses

Covers for losses and damages caused to a third-party vehicle, property or person due to the insured tractor, in the case of an accident or collision.

Towing Disabled Vehicles

Towing Disabled Vehicles

Covers for any damages caused to your tractor in cases where it's being towed.

What’s Not Covered?

It is equally important to know what’s not covered in your commercial tractor insurance policy so that there are no surprises when you make a claim. Here are some such situations:

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Own Damages for Third-Party Policy holder

If you’re only going to go for a Third-Party Commercial Insurance for your tractor, then own damages and losses won’t be covered. 

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Drunk Driving, or Driving Without a valid License

If during a claim, the driver-owner is found to be driving the tractor without a valid driver’s license or under the influence of alcohol then the claim can’t be approved.

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Contributory Negligence

Any damages or losses caused to the tractor due to contributory negligence won’t be covered for. For example, if there are existing floods in the city, and one still takes the tractor out.

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Consequential Damages

Consequential damages is any damages or losses that aren’t a direct result of an accident, natural calamity or fire can’t be covered for.

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Add-ons not Bought

Some situations are covered in add-ons. If you haven’t bought those add-ons, the corresponding situations will not be covered.

Additional Coverages or Endorsements Available

You also get optional covers for tractor insurance for enhanced coverage to protect in all circumstances. These include:

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Personal Accident Cover

A personal accident cover is compulsory by law in India. So, if your tractor insurance policy doesn’t already have it, get this cover as it will cover you for bodily injury or death of the owner-driver in case of an accident.

Special Exclusions & Compulsory Deductibles icon

Special Exclusions & Compulsory Deductibles

Under this add-on, you must pay a certain amount as your share of the loss, called the compulsory deductible, that helps reduce your premium. This will also cover the loss or damage to lamps, tyres, tubes, mudguards, bonnet, side part bumpers, headlights and paintwork if your vehicle is completely damaged.

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Legal Liability

If you want to protect your tractor and business against any legal liability that may arise due to an injury caused to your employees or someone who works for you, you must get this cover.

IMT 23

IMT 23

Under this cover, your tractor is protected against losses or damage to lamps, tyres, tubes, mudguards, bonnet, side part bumpers, headlights and paintwork in case of partial damage.

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Electrical Accessories

This add-on will cover any electrical accessories fitted in your tractor, which is not a part of the manufacturer’s model.

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Non-Electrical Accessories

This add-on will cover any non-electrical accessories fitted in your tractor, which is not a part of the manufacturer’s model.

Add-ons Available with Tractor Insurance

Digit offers the following 7 add-ons with the tractor insurance policy to provide enhanced protection for miscellaneous and specialised commercial vehicles.

Consumable Cover icon

Consumable Cover

Under consumable add-on you get covered for the cost of your tractor’s bits and pieces, like its nuts and bolts, screws, engine oil, and grease in case of an accident.

Parts Depreciation Protect

Zero Depreciation

This add-on ensures that the depreciation on your tractor and its parts over time is not deducted at the time of claim.

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Engine and Gear Box Protect

This add-on covers any consequential damage caused to your commercial tractor’s engine or gearbox after the accident, probably due to water regression or leakage of lubricating oil.

Breakdown Assistance icon

Breakdown Assistance or Roadside Assistance

Breakdown assistance add-on assists you 24x7 in case your tractor faces a breakdown on the road - due to an accident, flat tires, malfunctioning battery, or other factors.

Loss of Revenue icons

Loss of Revenue

This add-on compensates you for any loss of income that you may face when your tractor is not available and is being repaired due to damage.

Additional Towing Expenses

Additional Towing Expenses

Under this add-on, you are compensated for the additional expenses incurred when your tractor is being moved from the accident spot to the nearest garage or place of safety.

EMI Protection Cover

EMI Protection Cover

If your tractor is damaged in an accident and is getting repaired in a garage, it could cause a loss to your business. So, if your commercial vehicle is on loan, then this add-on will help you pay regular EMIs to the financier of the vehicle recorded with the insurer.

How Add-on Covers Helps You Align Your Business Needs?
Accidents can put your commercial vehicle out of action for weeks, leading to significant financial setbacks. Enhancing your Commercial Vehicle Insurance policy with appropriate add-ons can provide additional layers of security. For instance, the Return to Invoice Cover ensures you receive the original invoice value in case of total loss or theft.

Mayur Kacholiya

Product Head

Digit Motor Insurance in News!

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Key Features of Tractor Insurance by Digit

Key Features Digit Benefit
Claim Process  Paperless Claims 
Customer Support  24x7 Support 
Additional Coverage  PA Cover, 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 

Third-Party vs Comprehensive Tractor Insurance

Liability Only

Standard Package

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Third Party Premiums for Tractors

Here is the tractor 3rd party insurance price for commercial tractors in India. This tractor insurance price list is fixed by IRDAI.

Vehicle Type Premium Rate (effective 1st June 2022)
Agricultural Tractors up to 6 HP  ₹910 
Miscellaneous & Special Type of Vehicles (Class-C)  ₹2485 

How to Buy/Renew Tractor Insurance Online with Digit?

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Enter Tractor Details

On the Digit App or website, enter car registration number and select the policy status.

Choose a Plan

Select the type of Tractor 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.

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Login

Login to Digit App or website and go to the ‘My Policy’ section.

Select Policy

Select the policy pending for renewal and click on ‘Renew Policy.’

Choose a Plan

Next, select the add-ons and tenure and confirm the 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.

Documents Required to Buy Tractor Insurance Online

To buy Digit tractor 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

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It is an official document issued by the Regional Transport Office (RTO) that proves your vehicle is legally registered under the Motor Vehicles Act. 

Previous Year Insurance Policy

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A Previous Year Insurance Policy refers to the tractor insurance coverage you had for the previous policy term, typically valid for one year. It includes details like:

  • Policy Number: Unique ID of your old insurance plan.
  • Coverage Type: Whether it was third-party or comprehensive.
  • Insurer Details: The company that provided the coverage.
  • Policy Expiry Date: The date the previous insurance lapsed.
  • No Claim Bonus (NCB): A discount earned if no claims were made.

Documents for KYC Verification

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Inorder to buy a tractor insurance policy online a KYC verification is needed for which various documents such as your PAN/Aadhar/DL/Voter ID/Form 16/Passport is required.

How to File Claim & Track Real-time Status through Digit App?

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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 Auto Rickshaw.

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.

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Login

Open the Digit App and go to the ‘Check Motor Claim Status’ option. Here you can see the complete list of claims filed on your phone number.

Select Claim

Select the claim you want to check the status of. You can see the details of the claim, the current status, timeline, detailed summary, and repairer details too.

How to Download Your Commercial Vehicle Insurance Policy on Digit App?

To download your renewed or already active commercial vehicle insurance policy with Digit, follow the given steps:

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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.

factors-affecting-tractor-insurance-premium

Factors Affecting Tractor Insurance Premium

  • Type of Insurance Plan: Your tractor insurance premium price will depend on the kind of plan you choose, like a Liability Only policy will have less premium as compared to Standard Package policy premium.
  • Model & Make of the Tractor: The model, make and engine of the vehicle are extremely important in determining the right insurance premium. Therefore, your tractor insurance price will significantly depend on the model and make of your tractor, type of fuel, its manufacturing year and other additional features.
  • Location: The place you register and use your tractor also helps decide your tractor insurance premium. For example, in metropolitan cities more traffic leads to more accident rates, leading to a higher premium.
  • No-Claim Bonus: If you’ve not made claims in your previous policy years, you can claim a discount on your tractor insurance renewal using the ncb.

Digit Tractor Insurance helps you stay financially secure if your tractor faces damage due to accidents, natural disasters, or theft. You can choose a plan that suits your vehicle, file claims easily through your smartphone, and get repairs done at cashless garages. With a smooth process, helpful support, and clear coverage options, Digit makes tractor insurance simple and reliable—so you're prepared when the unexpected happens.

FAQs about Tractor Insurance Online in India