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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.
What is Tractor Insurance?
How Does Tractor Insurance Work
Why Should I Buy Tractor Insurance?
Why Choose Digit?
What's Covered and not Covered?
Key Features of Tractor Insurance by Digit
Types of Insurance Plans & Coverages
Third Party Premium Price
How to Buy, Claim, Download & Renew Policy?
Factors Affecting Premium
Frequently Asked Questions
Listen to the Audio Overview of This Article
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?
- 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?
What's Covered in Tractor Insurance?
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:
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.
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.
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.
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.
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:
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.
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.
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.
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.
This add-on will cover any electrical accessories fitted in your tractor, which is not a part of the manufacturer’s model.
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.
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.
This add-on ensures that the depreciation on your tractor and its parts over time is not deducted at the time of claim.
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 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.
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.
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.
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.
Digit Motor Insurance in News!
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Key Features of Tractor Insurance by Digit
Third-Party vs Comprehensive Tractor Insurance11
| Liability Only | Standard Package |
Damages caused by your tractor to any third-party person or property. |
|
Damages caused by your tractor to a third-party vehicle |
|
Loss or damages to own tractor due to natural calamities, fire, theft or accidents. |
|
Injury/death of tractor owner-driverIf the owner-driver doesn’t already have a Personal Accident Cover from before |
|
| Get Quote | Get Quote |
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.
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:
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
Does a tractor insurance also cover for the driver?
Yes, a tractor insurance covers for both the vehicle, and the owner-driver.
Can I insure all my tractors under one policy?
No, each tractor is required to have its respective insurance policy. However, you can get in touch with us for a customized quote to insure all your tractors at a reasonable premium price.
Is it mandatory to insure tractors?
Yes, according to the Motor Vehicle Act, it is mandatory to at least have a tractor third-party insurance policy for your tractors to run legally on Indian roads. Moreover, the risks with respect to tractors are high and it is therefore advisable to get maximum protection for the same.
What is the difference between a third-party tractor insurance and a comprehensive tractor insurance policy?
A tractor insurance third-party plan is the one that only protects you from losses caused to a third-party (property, vehicle or person) whilst a comprehensive tractor insurance policy covers both damages to a third-party and losses to your own tractor as well. Such as in the case of natural calamities, accidents, fires and thefts.
How much does tractor insurance cost?
This will primarily depend on the type of tractor and the city you operate it in. You can easily calculate your tractor insurance premium considering factors like its model/make, No Claim Bonus, and the type of insurance plan you’ve opted for.
How can I buy tractor insurance online from Digit?
To buy the best tractor insurance policy, visit the Digit website or app, provide your details, select insurance plan, complete KYC, make payment, and you’re done!
How to get the lowest tractor insurance rates?
To get the lowest tractor insurance price, first ensure to compare tractor insurance prices online from different insurers, get the right IDV and opt for only the required add-ons.
Can I insure a tractor that I have imported personally?
Yes, you can insure a personally imported tractor in India; however, the imported tractor should be available in India as a standard production model and should be registered in India.
Will my tractor insurance cover the vehicle if I use my tractor for personal purposes?
Most insurance companies do not cover the commercial tractor if you use it for personal reasons. However, it is best to check the same with your insurance provider.
Will my insurance policy be still valid if I sell my tractor to someone else?
Yes, if you’re selling your tractor to someone else, you can transfer your existing commercial tractor insurance policy to the new buyer, and it will still be valid.
How much is the tractor third-party insurance premium?
In India, IRDAI has fixed the tractor 3rd party insurance price, which is ₹910 for agricultural tractors up to 6 HP and ₹2485 for Miscellaneous & Special Type of Vehicles (Class-C).
What should I do in case my tractor is damaged in an accident?
In such a situation, call us immediately on 1800-258-5956 or drop us an email at hello@godigit.com and we will help you from thereon.
Where can I repair my tractor if it gets damaged due to an accident?
In case your tractor is insured by Digit, you can check our network of garages and get your tractor repaired from any of our 1400+ garages, spread across India. You can also get your tractor repaired at another garage of your choice and get the required amount reimbursed from us.
Which insurance is the best for tractors?
A comprehensive tractor insurance plan is the best as it covers your injuries and loss or damage to your own tractor. It covers your tractors against third-party liabilities as well and allows you to opt for different add-ons.
How to buy the best tractor insurance policy?
To get the right insurance policy for tractor, check and get the right IDV, consider the add-ons available, go for an insurance company with a quick claims settlement record, consider services such as 24x7 customer support and a wide network of cashless garages, among others.
Can I insure an old tractor?
Yes, you can buy insurance for an old tractor, no matter how old it is. However, the tractor insurance premium price for an old tractor would be higher than a new tractor due to more risk factors involved.
How does life insurance help my family if I die in a tractor accident?
Life insurance pays a lump sum to your family if you pass away, regardless of how. Tractor insurance won’t cover personal loss unless you have a rider. Life insurance ensures that your loved ones are financially secure, even in the most tragic situations.
Is term insurance useful for tractor owners?
Absolutely. Tractor owners often work in risky environments. Term insurance offers high coverage at low cost and protects your family financially if something happens to you. It’s especially important if you’re the main income earner.
Does tractor insurance cover hospital bills if I’m injured while working?
No. Tractor insurance may include personal accident cover, but it’s limited. For full hospital expenses, you need health insurance. It covers everything from emergency care to long-term treatment, essential for those working in fields or remote areas.