Kubota Tractor Insurance

Kubota Tractor Insurance Price

The following table highlights the third-party insurance premium for Kubota tractors:

*Disclaimer: The Kubota tractor insurance cost of different variants depend on multiple factors like model type, fuel variant, IDV of the vehicle, coverage opted and more.

Reasons to Buy a Kubota Tractor Insurance Policy

Here are some reasons to buy a Kubota tractor insurance policy:

• Overall Protection: Purchasing a Kubota tractor insurance policy will ensure the overall protection of your tractor from unexpected events like natural calamities, riots, theft, fire, etc.
• Compulsory as per Law: A commercial tractor insurance policy is compulsory as per the Motor Laws of India. In order to legally ply on the roads of India, every vehicle owner must have valid commercial vehicle insurance.
• Increased Coverage: A policyholder can also increase the coverage of Kubota tractor insurance by purchasing additional covers by paying an extra premium.
• Easy to Purchase: Buying a Kubota tractor insurance is an easy and convenient process.

Types of Kubota Tractor Insurance Policy

The two types of Kubota tractor insurance policiesare:

• Third-Party Insurance: Kubota tractor owners cannot legally drive in India without a third-party commercial vehicle insurance policy. This type of insurance offers basic coverage and only protects the insured against damages or injury caused by to third-party person or property. However, under a liability-only policy, any damage incurred by the insured vehicle must be borne by the policyholder. The premium for a third-party insurance is decided by the IRDAI.
• Comprehensive Insurance: A comprehensive commercial vehicle insurance policy is designed to provide broader safety beyond the mandatory third-party requirement. A package policy not only covers third-party liabilities but also protects against losses incurred by the insured tractor from accidents, natural disasters, or theft. The premium for a comprehensive insurance is generally higher than that of a third-party policy due to extended coverage and the option to even buy add-ons at an additional premium.

Add-Ons with Kubota Tractor Insurance

Policyholders can choose from the following add-ons with their commercial vehicle insurance to enhance the coverage of a basic Kubota insurance policy:

• Accessories Cover: Several business owners choose additional electrical and non-electrical accessories with their Kubota tractors. The accessories add-on cover helps to insure some common additionally-fitted accessories, like fog lamps, seat covers, or music players, etc., that were not a part of manufacturer's initial selling price after deducting the depreciation.
• Bumper-to-Bumper Cover: The bumper-to-bumper or zero depreciation add-on cover, it allows policyholders to claim the full cost of repairs or replacement without any deduction for depreciation. Tyres, tubes, and batteries are only partly covered.
• IMT 23 Cover: This add-on offers coverage for parts such as tyres, tubes, lamps, bumpers, and paintwork. Claims are paid after deducting depreciation linked to the vehicle's age.
• Mandatory PA Cover: Commercial vehicle owners must purchase personal accident cover worth ₹15 lakhs, ensuring compensation for accidental death or permanent disability.

How to Buy a Kubota Tractor Insurance Online?

Follow the steps below to buy or renew a tractor insurance for Kubota commercial vehicles:

• Visit the official website of Policybazaar Insurance Brokers Pvt Ltd.
• Select 'commercial vehicle insurance' from the homepage
• Fill in the registration number of the vehicle or select "brand new vehicle" for a new Kubota insurance policy, and fill out the form.
• Choose the IDV, NCB (in case of renewals), and any add-on covers.
• Choose from the available plans and check all the details
• Submit the form and pay the premium for the policy
• The policy will be sent to the registered email address.

How to File a Kubota Tractor Insurance Claim?

Policyholders must follow the steps mentioned below to file a Kubota tractor insurance claim:

1. Inform the Insurance Provider: Inform the commercial vehicle insurance company immediately after the incident to start the claim process.
2. Assessment: After getting the claim information, the insurance company will appoint an authorised surveyor to inspect the damaged tractor.
3. Document Submission: After verification and assessment, submit all the necessary claim documents.
4. Repair at the Network Garage: The vehicle will be repaired at a network garage
5. Claim Settlement: Once the vehicle is repaired, the insurer will settle the Kubota insurance claim.

Document Required for Claim Under Kubota Tractor Insurance

To file a Kubota insurance claim, policyholders must submit the following documents:

• Duly signed claim form
• Copy of vehicle's registration certificate
• Copy of driving license
• Copy of Police FIR ( in case of theft or third-party damages)
• Original repair estimates and repair bills
• Fitness certificate of the insured Kubota tractor