Trailer Insurance: Coverage, Benefits & How it Works
What is Trailer Insurance?
Trailer insurance is a specialized commercial vehicle insurance policy that provides coverage for trailers used for various purposes like transportation, construction, recreational, etc. It offers financial help to the policyholder against damages or losses incurred due to accidents, theft, natural calamities or third-party liability.
You can avail the trailer insurance policy by paying an affordable premium, and in return, benefit from financial protection in case of any damage to the vehicle.
Note: Trailer Insurance in Commercial Vehicles has been filed as Digit Commercial Vehicle Package Policy - Miscellaneous & Special Types of Vehicles.
UIN number IRDAN158RP0003V01201819.
What is Trailer Insurance?
Why Do You Need Trailer Insurance?
Getting a trailer insurance is essential for several reasons, such as:
- As per the Indian law, trailer owners must have at least a Liability Only policy that covers damage to third party caused due to the trailer.
- Since trailers can be expensive to repair or replace, a trailer Insurance policy helps to minimise the financial burden in case of unforeseen situations.
- Owners of trailers can work worry-free, as with trailer insurance they know that they are financially protected in situations leading to financial loss caused by or to the trailer.
Why choose a Trailer Insurance by Digit?
We treat our customers like VIPs, know how…
What's covered in a Trailer Insurance?
What’s not covered?
It is equally important to know what’s not covered in your Trailer Insurance policy so that there are no surprises when you make a claim. Here are some such situations:
Key Features of Trailer Insurance by Digit
Key Features |
Digit Benefit |
Claim Process |
Paperless Claims |
Customer Support |
24x7 Support |
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 |
Types of Trailer Insurance Plans
Based on the type of your heavy-duty vehicle and number of vehicles you want to insure, we offer two primary plans you can choose from.
Liability Only
Standard Package
Damages caused by your heavy 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 heavy vehicle. |
✔
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✔
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Loss or damages to own heavy vehicle due to natural calamities, fire, theft or accidents. |
×
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✔
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Injury/death of heavy vehicle owner-driver If the owner-driver doesn’t already have a Personal Accident Cover from before |
✔
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How to claim?
Call us at 1800-258-5956 or drop us an email at hello@godigit.com
Keep your details such as policy number, location of the accident, date & time of the accident, and contact number of the insured/caller handy to make our process easier.
How fast are Digit Insurance Claims Settled?
This is the first question that should come to your mind when switching your insurance company. Good you’re doing that!
Read Digit’s Claims Report CardWhat our customers have to say about us
FAQs about Trailer Insurance