Escorts F-15 Crane Insurance

Escorts F-15 Crane Insurance Overview

Escorts F-15 is a 14-ton hydraulic mobile pick-n-carry crane equipped with a diesel engine designed by Volvo Eicher. The main features of this machinery includes a front-mounted cabin, safe load indicator, 4/2-wheel drive selector, and heavy-duty hoist winch. This mobile crane is designed to raise and lower objects, as well as to move material horizontally.

By obtaining an Escorts F-15 crane insurance policy, you get financial coverage for your crane from unanticipated risks that might arise out of events like natural calamities, road accidents, or even fire. Moreover, your comprehensive crane insurance policy also gives coverage against third-party liabilities.

Escorts F-15 Crane Insurance Price List

Disclaimer*: The Escorts F-15 Crane insurance might vary depending upon on several factors like No Claim Bonus discount, IDV, type of coverage, deductibles, add-on covers, etc.

Reasons to Buy Escorts F-15 Crane Insurance Policy

Powered with a diesel engine, the F-15 crane offers a low operating cost and rear deck utility for material handling & working on construction sites. Here are a few reasons that you must consider to buy an Escorts F-15 crane insurance policy-

1. Easy to Buy- Purchasing commercial vehicle insurance online is a hassle-free process and takes a few minutes.
2. Protection Against Unforeseen Circumstances- With an Escorts F-15 crane insurance policy, you can financially protect your crane from many uncertain events that might create a hole in your pocket.
3. Choose Add-on Covers- By paying an additional premium, you can easily extend the coverage of your Escorts F-15 crane insurance online.
4. Coverage Against Total Loss- In case your insured Escorts F-15 Crane is lost or stolen or even declared a total loss by your insurer, your insurer will compensate under a valid commercial vehicle insurance policy.

Types of Escorts F-15 Crane Insurance Policy

Usually, there are two types of Escorts F-15 Crane Insurance Policy offered by commercial vehicle insurance providers-

1. Third-party Liability Escorts F-15 Crane Insurance Policy

   A third-party liability insurance policy gives coverage against the demise or injury to a third party due to an accident caused by the insured crane. It also covers third-party property damage. In India, having at least a third-party liability cover for all commercial vehicle owners is mandated by law.

2. Comprehensive Escorts F-15 Crane Insurance Policy

   Under a comprehensive crane insurance policy, the insurance provider offers financial coverage for own damages sustained by the insured crane arising out of an event like accidents, natural calamities, man-made disasters, fire, theft, etc. Moreover, it gives you protection for third-party liabilities arising out of the insured crane.

Inclusions of Escorts F-15 Crane Insurance Policy

An Escorts F-15 Crane insurance policy provides coverage under the following circumstances-

• Any third-party liabilities arising out of the insured Escort Crane
• Damages caused to the insured crane due to any natural calamities like hurricanes, floods, cyclones, landslides, etc.
• Damages caused to the insured vehicle due to riots, strikes, vandalism, and other man-made instances
• Damages caused to the insured vehicle due to the accident
• Losses arising out of theft or burglary to the insured crane

Additional Covers Under Escorts F-15 Crane Insurance Policy

You can enhance the coverage of your comprehensive insurance policy by paying a little extra premium. Here is a list of add-on covers you can buy with your commercial vehicle insurance policy-

• Zero Depreciation Cover
• Engine Protection Cover
• IMT 23 Cover
• Personal Accident Cover for Paid Driver
• Roadside Assistance Cover

Exclusions of Escorts F-15 Crane Insurance Policy

Some risks are not covered under your Escorts F-15 Crane insurance policy-

• Damages to the insured vehicle due to drunk driving or the driver being under the influence of any other intoxicating substance
• Damages sustained when the driver was driving without a driving license, registration certificate, valid crane insurance policy, and PUC certificate
• Losses or damages arising out of contractual liabilities
• Damages caused to the insured vehicle outside the geographical boundaries as mentioned in the policy documents
• Damages caused to the insured commercial crane when it was being privately used
• Damages or losses due to regular wear and tear & electrical and mechanical failure

How to Buy Escorts F-15 Crane Insurance Policy Online?

You can buy an Escorts F-15 Crane insurance policy online by visiting the official website of Policybazaar Insurance Brokers Private Limited. Given below are the steps to buy a commercial vehicle insurance policy from Policybazaar.com-

• Select the 'Commercial Vehicle Insurance' option from the 'Insurance Products' drop-down menu
• Enter details like your name and mobile number to proceed with insurance quotes
• Now select the vehicle type. Here you will choose 'Crane'
• Next, select the brand name 'Escorts' and model 'F-15 (diesel)'
• Select registration year and RTO of your Escorts F-15 Crane
• On the next page, you will find multiple commercial vehicle insurance plans and from there choose the desired plan along with the required add-on covers
• Proceed further with the premium payment option
• On the next page, fill out the proposal form and pay the desired premium amount through any online payment mode displayed on your screen
• Once the payment is successful, your Escort F-15 Crane insurance policy will be sent to your registered mail id.

How to Renew Escorts F-15 Crane Insurance Online?

For the online Escorts F-15 crane insurance renewal process, follow the steps mentioned below-

• Visit the official website of Policybazaar Insurance Brokers Private Limited and select 'Commercial Vehicle' from the 'Insurance Products' drop-down menu
• Enter your name & mobile number and proceed further
• On the next page, select the details like vehicle type, variant, brand, RTO, and registration year of the Crane
• Proceed further and view crane insurance quotes offered by various insurers
• Select your existing policy expiry date and claim history
• Choose the best Escorts F-15 crane insurance renewal plan with add-on covers (if required)
• Select the existing policy NCB discount
• Now proceed with the premium payment option and pay the amount via banking cards, UPI or net banking
• Once the payment is successful, your renewed Escorts F-15 crane insurance policy document is issued at your registered email address.

Claim Procedure Under Escorts F-15 Crane Insurance

You can raise the Escorts F-15 Crane insurance claim without any hassles. Follow the below steps-

• Inform your insurer and the police about the damages caused to insured Escorts F-15 Crane
• Upon the intimation, your insurer will send a surveyor to estimate the cost of repairs of the insured Crane
• To complete the claim verification process, submit all the required documents
• The insured Crane will be sent to an authorized network garage to fix the damages
• At last, your insurer will settle the claim directly with the authorized network garage through the cashless claim settlement process.

Documents Required for Raising Escorts F-15 Crane Insurance Claim

Given below is the list of documents required to raise an Escorts F-15 Crane insurance claim-

• Duly filled commercial vehicle insurance claim form
• A copy of DL
• A copy of the RC and PUC certificate
• A copy of valid crane insurance papers
• Repair bills
• A copy of the Police FIR in case of third-party damages or theft