What is Tractor Insurance?

Tractor insurance is a specialized commercial vehicle insurance policy designed to protect your valuable agricultural asset from various risks and damages, including:

• Accidents and collisions
• Natural calamities
• Fire damage
• Theft protection

Choose between:

• Third-party liability policy: Covers damages to third parties
• Comprehensive insurance: Covers both third-party and own damages

Why Should I Buy Tractor Insurance?

Mandatory Requirement: As per the Motor Vehicle Act, having at least a third-party liability insurance is mandatory for all tractor owners.

Key benefits of tractor insurance:

• Protection against financial losses
• Coverage for both tractor and driver-owner
• Prevention of business downtime
• Security against natural calamities
• Peace of mind for asset-heavy businesses