Atul Elite E-Rickshaw Insurance

Atul Elite E-Rickshaw Insurance Overview

Atul Elite is a high performing e-rickshaw by Atul Autos that comes with a powerful Li-ion battery. Some notable features of the e-rickshaw include a metal roof protector, ample legroom space, shock absorbers, stylish alloy wheels, and more.

If you are looking to purchase an Atul Elite e-rickshaw, purchasing an e-rickshaw insurance policy is not only essential but also protects your vehicle against multiple unforeseen damages on the road. Apart from this, it also covers you against any third party damage caused due to the insured electric rickshaw.

Atul Elite E-Rickshaw Price List with Insurance Cost

Disclaimer*: The Atul Elite e rickshaw insurance price for different variants depends on factors like make, model, NCB reward, IDV, and more.

Reasons to Buy Atul Elite E-Rickshaw Insurance Policy

If you are still confused about buying an Atul Elite e-rickshaw insurance policy, here are a few reasons to help you make the right decision:

• Legal Requirement: Purchasing an Atul Elite e-rickshaw insurance policy is a legal requirement as per the Indian motor laws. Thus to legally drive in India, you must have at least a third party liability commercial vehicle insurance
• NCB Discount: By purchasing an Atul Elite e-rickshaw comprehensive insurance policy you can also receive a No Claim Bonus reward which you can use for some discount on your renewal premium.
• Personal Accident Cover: A mandatory Personal Accident Cover to cover the owner/driver of the insured vehicle is also offered along with an e-rickshaw insurance policy
• Coverage Against Uncertainties: Above all, a commercial vehicle insurance policy also financially covers your vehicle against many uncertain emergencies on road, for instance, an accident.

Types of Atul Elite E-Rickshaw Insurance Policy

The two major types of Atul Elite e-rickshaw insurance policy offered by motor insurance companies in India include:

Atul Elite E-rickshaw Third Party Insurance Policy

A third party e rickshaw insurance policy provides compensation against any third party liability arising out of the insured e-rickshaw. This policy covers damages sustained by third party property, death, and disability to the third party. The extent of compensation for death/disability is unlimited while for property damage is limited to up to Rs. 7.5 lakh.

Atul Elite E-rickshaw Comprehensive Insurance Policy

A comprehensive e-rickshaw insurance policy covers an e rickshaw against any own damages sustained by the e-rickshaw due to unanticipated events like accidents, and collisions, earthquakes, strikes, theft, and more. This comprehensive vehicle insurance policy also provides financial coverage against any third party damages arising out of the insured e rickshaw.

Inclusions of Atul Elite e-Rickshaw Insurance Policy

An Atul Elite e-rickshaw insurance policy includes the following risks and damages under its coverage:

• Damages caused to the insured e rickshaw due to manmade acts like strikes, riots, etc are covered
• Any loss caused to the insured vehicle due to natural disasters like earthquakes, cyclones, hurricanes, etc.
• Losses arising out of theft, or burglary of the insured e rickshaw are covered in the commercial vehicle insurance policy
• Damages sustained by the insured vehicle due to fire, explosion or self-ignition
• Damages caused due to an external means such as a road accident are covered
• Any damage caused to the insured vehicle while it was in transit via roadways, railways, airways or waterways is also included

Additional Covers under Atul Elite E-Rickshaw Insurance

The coverage of an Atul Elite e-rickshaw insurance policy can also be enhanced by purchasing additional covers at an extra premium. These add-ons include:

• IMT 23 Cover
• Zero Depreciation Cover
• PA Cover for Owner Driver
• PA Cover for Paid Driver
• Legal Liability to Paid Driver

Exclusions of Atul Elite E-Rickshaw Insurance Policy

An Atul Elite e-rickshaw insurance policy excludes the following rickshaw damages from its scope of coverage:

• Damages caused to the insured vehicle due to mechanical or electrical failure are not covered under the e-rickshaw insurance policy
• Any damage caused to the insured e rickshaw when the driver was not carrying a driving license
• Damages caused to the insured vehicle as a result of drunk driving are excluded from policy coverage
• Any loss arising outside the geographical location as specified in the commercial vehicle insurance documents
• Damages sustained by the insured e rickshaw when used for purposes other than a commercial purpose
• General wear and tear of the insured vehicle is not covered under the policy coverage
• Claims cannot be raised for any consequential damage caused to the insured e rickshaw

How to Buy Atul Elite e-Rickshaw Insurance Online?

To buy an Atul Elite rickshaw insurance policy, you can visit Policybazaar.com and follow these simple steps:

• Visit the ‘Commercial Vehicle Insurance’ page from the ‘Insurance Products’ menu on the homepage
• Enter your name and mobile number in the given form
• From the table given, select the type of vehicle
• Select brand name, RTO, variant, and registration year of the insured vehicle
• From the given plans, choose the desired Atul Elite e-rickshaw plan
• Select the desired add-ons along with your plan
• Proceed with ‘Summary and Payment’
• Fill in the proposal form on the next page
• Pay the verified premium amount using the desired online payment mode
• Once the payment is complete, your Atul Elite e rickshaw insurance policy will be issued. You will receive your policy papers at your email address.  

How to Renew Atul Elite E-rickshaw Insurance?

Follow the steps mentioned below for a hassle-free Atul Elite e-rickshaw insurance renewal:

• Visit the official website of Policybazaar Insurance Brokers Private Limited
• Navigate to the ‘Commercial Vehicle Insurance’ page from the ‘Insurance Products’ dropdown
• Enter your name and mobile number in the given form
• Enter vehicle details like type, brand, model, and variant.
• Enter the RTO and registration year of the vehicle
• Mention previous policy expiry date and claim details
• Choose your desired Atul Elite rickshaw insurance renewal plan along with add-ons
• Select the NCB received on your previous e rickshaw insurance policy
• Pay insurance premium via UPI, net banking, or bank cards
• After successful payment, your Atul Elite e-rickshaw insurance renewal documents will be mailed to you.

Claim Procedure under Atul Elite E-Rickshaw Insurance

Here is how to raise an Atul Elite rickshaw insurance claim in a few easy steps:

• Inform the insurer about the accident so that a claim can be registered by them
• The insurer will send a surveyor to estimate the cost of damages sustained by the insurer
• Once the survey has been completed you will be required to present some documents to the surveyor for verification
• The insured vehicle will then be sent to a network garage for repairs and the claim will be directly settled with the garage.

Documents Required to Raise a Claim under Atul Elite E-Rickshaw Insurance

The documents required to raise an Atul Elite rickshaw insurance claim include:

• E rickshaw insurance papers
• Copy of driving license
• Registration Certificate of the insured vehicle
• Fitness certificate of the vehicle
• Repairs Bills and estimates of repair
• Duly signed and filled claim form