Tata Ace Insurance
Tata Motors in India introduced the mini-truck known as the Tata ACE in May 2005. India's newly developed micro segment tries to persuade three-wheeler consumers to switch to four-wheelers. The Tata Ace is regarded as the greatest micro truck in India and has appealing features and specs. It also goes by the name "Chota Haathi".The Tata Ace insurance plan covers a variety of losses brought on by accidents involving Tata ACe or its property.
Why is Tata Ace important?
Tata Ace has been a revolutionary commercial vehicle since its launch. It is one of the popular choices among the entrepreneurs.
Is Tata Ace Insurance essential?
The vehicle is designed to do heavy-duty tasks. It generally carries loads. Thus, this vigorous tasking vehicle needs special attention.
Grounds Tata Ace Insurance cover
There are specific grounds on which Policylobby.com will give special Suraksha. This measure ensures that your vehicle is completely shielded in the course of its operation.
Robbery or Thefts – A vehicle when carrying a load is more prone to robbery. Such incident leads to vehicle's damage and loss of the commodities. The insurance will reimburse all these losses.
Accidents – Accidents like fire, collision, and other unfortunate incidents can happen anytime. Your vehicle must be prepared to face such risk. The policy is capable to give a tough combat against such crisis.
Injury or death of the driver also falls under this category. The Policylobby.com on your behalf will offer the compensation in such circumstances
Third Party Involvement – Most of the accidents involve a third party. The owner of the vehicles is liable to all the injuries, damages and even death of the party. Filing a claim will help you to cover these expenses.
Fire or Vandalism – If the vehicle catches fire, the insurance policy will take responsibility of the damage.
Grounds Tata Ace Insurance do not cover
Policylobby.com does not compensate any kind of negligence or nuisance while the Tata Ace is on-road. Those set of conditions are as follows:
Negligence of the Driver – The damage of the vehicle or the death or injury of the driver due to alcohol’s effect are common. Sometimes, the driver may fail to show valid license or other credentials while checking. The claim will be rejected post investigation of the incidents
Depreciation – The value of any vehicle decreasing with the passing time. Tata Ace is not exceptional, it is also subjected under the influence of time.
Minor Damages – The small scratches on the vehicle is natural and part of driving. Moreover, you cannot approach the company for damages of the tyres in a natural incident. The damages of the tyre is only given attention in case of accidents.
Credentials required while Filing the Insurance
You should carry the below listed documents while signing up the policy with Policylobby.com.
- Vehicle’s Registration Number
- Tax Receipt
- Photo Identity Proof
- Driving License
- Claim form (duly filled)
- Load Challan
- Copy of the FIR
- Fitness Certificate
Policylobby.com has come up with extra benefits for their customers as a reward of choosing us. The additional coverage is a bonus shield. You can choose any of the add-on benefit just by adding a little extra to your actual premium.
How Tata Ace revolutionizes the world of Commercial Vehicles in India?
Tata Ace is the popular choices among the Commercial vehicle owners. It is a cargo carrier which operates on four wheels. It has been enjoying the taste of success since its launch.
The version is a comprehensive vehicle. It excels in offering superior mileage, comfy driver space, etc. It is available in three versions CNG, diesel and petrol to compete the market’s versatility.
The futuristic design is the most impressive feature of Ace . The compact design has doubled its capacity to serve its owner better. Tata Ace can be a daunting rival of trucks in moving logistics, cargo, loads, e-commerce and many others. You can also avail attractive insurance coverage for your Chota Hathi at Policylobby.com .
Tata Ace Variant
- Tata Ace
- Tata Ace Zip
- Tata Ace Zip XL
- Tata Ace XL
- Tata Ace Mega
- Tata Ace Mega Xl
- Tata Super Ace Mint
Best Tata Ace Insurance Providers
|Insurance Provider||Goods Carrying Tata Ace Insurance||Passenger Carrying Tata Ace Insurance|
|HDFC ERGO Commercial Vehicle Insurance||Yes||Yes|
|Digit Commercial Vehicle Insurance||Yes||Yes|
|USGI Commercial Vehicle Insurance||Yes||Yes|
|Bajaj Allianz Commercial Vehicle Insurance||Yes||Yes|
|Royal Sundaram Commercial Vehicle Insurance||Yes||Yes|
|Shriram General Commercial Vehicle Insurance||Yes||Yes|
|Iffco Tokio Commercial Vehicle Insurance||Yes||Yes|
|Tata AIG Commercial Vehicle Insurance||Yes||Yes|
|New India Commercial Vehicle Insurance||Yes||Yes|
|SBI General Commercial Vehicle Insurance||Yes||Yes|
|Bharti AXA Commercial Vehicle Insurance||Yes||Yes|
Tata Ace Insurance Claim Process
Claiming your Tata Ace insurance is an easy process now a days. You can contact to your agent direclty , can call on toll free number , or by filling online forms as well. Make sure insured person have following details :
- Time and date of loss
- Policy number for reference
- The location where the incident took place
- A brief description of the incident
- Name & contact number of the person filing the claim
Documents Required to Claim Tata Ace Insurance
To claim the insurance , you should have the following documents with you all the time :
- Registration certificate of the vehicle
- Driving license (original copy)
- Claim form duly signed and filled
- Copy of FIR
- Tax paid receipt
- Copy of Aadhar Card
- Fitness certificate
- Original insurance policy papers
- Load challan of your commercial vehicle
- Route permit ( if applicable)
Important Factors To Be Considered While Buying/Renewing your Tata Ace Insurance
While renewing or buying a commercial vehicle insurance policy, customer should focus on below points:
- Insured Declared Value (IDV): The term ‘IDV’ refers to the maximum claim your insurer will pay if your vehicle is damaged beyond repair or is stolen. Suppose the market value of your car is Rs 5 lakh when you buy the policy. That means the insurer will disburse a maximum amount of Rs 5 lakh.
- Coverage: It is important to have appropriate coverage when buying any commercial vehicle insurance policy.
- Discount/NCB: NCB actually stands for ‘No Claim Bonus’. It is actually a kind of reward that the car insurance providers provide to their customers when they do not file any claim in a policy year.
- Add-on Benefits: Select add-on covers to enhance the overall policy commercial vehicle insurance coverage.
- Deductibles: Choose for deductibles only when it is possible to pay a portion of the claim from your pocket. Always check for the deductibles and clauses at the time of renewal.
Commercial Vehicle Insurance Cost<
Subject to deduction for depreciation at the rates mentioned below in respect of parts
1. For all rubber/nylon/plastic parts, tyres and tubes, batteries and air bags- 50%
2. For fibre glass components- 30%
3. For all parts made of glass- Nil
4. Rate of depreciation for all other parts including wooden parts will be as per the following schedule
|Vehicle Age||Depreciation Rate|
|Within 6 months||Nil|
|Between 6 months to 1 year||5%|
|Between 1 year to 2 years||10%|
|Between 2 years to 3 years||15%|
|Between 3 years to 4 years||25%|
|Between 4 years to 5 years||35%|
|Between 5 years to 10 years||40%|
|Exceeding 10 years||50%|
PERSONAL ACCIDENT COVER FOR OWNER-DRIVER
The Company undertakes to pay compensation as per the following scale for bodily injury/death sustained by the owner-driver of the vehicle, in direct connection with the vehicle insured or whilst driving or mounting into/dismounting from the vehicle insured or whilst travelling
in it as a co-driver, caused by violent, accidental, external and visible means which independent of
any other cause shall within six calendar months ofsuch injury resultin:
|Nature of injury||Scale of compensation|
|Loss of two limbs or sight of two eyes or one limb and sight of one eye||100%|
|Loss of one limb or sight of one eye||50%|
|Permanent total disablement from injuries other than named above||100%|