Excavator Insurance Online
commercial vehicle insurance
usp icon

2000+ Cashless

Network Garages

usp icon

96% Claim

Settlement (FY23-24)

usp icon

24*7 Claims

Support

Get Instant Policy in Minutes*

I agree to the Terms & Conditions

Don’t have Reg num?
It’s a brand new vehicle
background-illustration

Check Excavator Insurance Renewal Price & Renew Policy Online 2025

Excavator is an important machinery of the construction sector, so as an excavator owner in India, having an insurance policy for it is of utmost importance. Excavator insurance online safeguards your commercial heavy machinery in case of any unforeseen event and protects you financially.

This specialized insurance also comes with add-ons designed to cover the special needs of heavy commercial machinery like an excavator. 

Table of Contents

arrow-icon

What is Excavator Insurance?

Excavator Insurance is a crucial commercial vehicle insurance that protects heavy machinery like excavators from damage and losses incurred due to accidents, thefts or natural calamities.

In India, where heavy machinery and construction equipment are essential for construction, mining and various infrastructure projects, excavator insurance plays a critical role in securing the equipment.

This insurance policy ensures that excavator owners can carry out their work without worrying about the high costs of repairs or replacements.

Thus, you can protect the machinery with excavator insurance by paying an affordable premium. Also, you can choose from various add-ons available to get extended coverage and other benefits.

Note: Excavator Insurance in Commercial Vehicles has been filed as Digit Commercial Vehicle Package Policy - Miscellaneous & Special Types of Vehicle

UIN Number: IRDAN158RP0003V01201819.

Why Do You Need Excavator Insurance?

If you own an excavator, get it insured today for the following reasons:

  1. Having at least a Third-Party Liability Only policy is mandatory by law as it protects a third party against any damage and losses that are caused by your excavator. 
  2. The insurance money will cover the damage or loss incurred to the excavators arising due to external factors.
  3. Since heavy machinery is deployed mainly in riskier working conditions, the threat of damage to machinery or equipment is higher. So, you need insurance to protect yourself financially in any unprecedented situation.
  4. Excavator insurance can protect your machinery or equipment for both partial and total damage.
  5. You get peace of mind by ensuring that your excavator is financially covered during any mishap.

Why Choose Excavator Insurance by Digit?

We treat our customers like VIPs, know how…

Customize your Vehicle IDV

Customize Your Vehicle IDV

With us, you can customize your vehicle IDV as per your choice!

24*7 Support

24*7 Support

24*7 call facility even on National Holidays

Super-Fast Claims

Smartphone enabled self-inspection processes takes minutes!

Key Features of Excavator Insurance by Digit

Key Features Digit Benefit
Claim Process Paperless Claims
Customer Support 24x7 Support
Additional Coverage PA Covers, Legal Liability Cover, Special Exclusions and Compulsory Deductibles, etc.
Damages to Third-Party Unlimited Liability for Personal Damages, Up to 7.5 Lakhs for Property/Vehicle Damages 

What's Covered in Excavator Insurance?

Accidents

Accidents

Damages and losses caused to the heavy-duty vehicle due to an accident.

Theft

Theft

Any damages and losses caused to the heavy-duty vehicle in the case of a theft.

Fire

Fire

Any damages or losses caused to the heavy-duty vehicle in an unfortunate case of fire.

Natural Disasters

Natural Disasters

Any damages and losses caused to your vehicle due to floods, earthquakes and other natural calamities.

Personal Accident

Personal Accident

Covers for any personal injuries or death of the owner-driver of the vehicle.

Third Party Losses

Third Party Losses

Covers for losses and damages caused to a third-party vehicle, property or person due to the insured heavy-duty vehicle, in the case of an accident or collision.

Towing Disabled Vehicles

Towing Disabled Vehicles

Covers for any damages caused to your vehicle in cases where it's being towed.

What’s Not Covered?

It is equally important to know what’s not covered in your Excavator Insurance policy so that there are no surprises when you make a claim. Here are some such situations:

Own Damages for Third-Party Policy Holder

If you’re only going to go for a Third-Party Commercial Insurance for your commercial vehicle, then own damages and losses won’t be covered. 

Drunk Driving, or Driving without a Valid Licence

If during a claim, the driver-owner is found to be driving the insured vehicle without a valid driver’s licence or under the influence of alcohol then the claim can’t be approved.

Contributory Negligences

Any damages or losses caused to the heavy-duty vehicle due to contributory negligence won’t be covered for. For example, if there are existing floods in the city, and one still takes the tractor out. 

Consequential Damages

Any damages or losses that aren’t a direct result of an accident, natural calamity or fire can’t be covered for.

Types of Excavator Insurance Coverages

Based on the type of heavy-duty vehicle and number of vehicles you want to insure; we offer two primary plans you can choose from.

1. Comprehensive or Standard Package Plan

Excavator comprehensive commercial vehicle insurance protects you financially in case of damage or loss to your own commercial vehicle in any unfortunate incident. It also covers you against damage, loss, or injury to any third-party caused due to your excavator. 

The Standard Package plan also allows you to enhance your coverage by allowing you to opt for add-ons as per your needs.

2. Third-Party or Liability Only Plan

Excavator third-party liability only commercial vehicle insurance has your back financially only in case of damage, loss, or injury to third-party property or person due to your excavator. Also, you must have at least a third-party insurance policy in India as it is mandatory by law. 

No add-ons are available with this plan and the excavator third-party insurance price is fixed by IRDAI, unlike a comprehensive plan. 

Compare Coverages of Third-Party vs Comprehensive Excavator Insurance Policy

Based on the type of your heavy-duty vehicle and number of vehicles you want to insure, we offer two primary plans you can choose from.

Liability Only

Standard Package

✔
✔
✔
✔
×
✔
✔
✔

How to Buy Excavator Insurance Online?

Step 1

On the Digit App or website, enter the commercial vehicle’s registration number, mobile number, and click on ‘View Prices.’

Step 2

Select the plan, add-ons and IDV, and click on ‘Continue.’

Step 3

Enter your personal, nominee and vehicle details and click on ‘Pay Now.’

Step 4

Complete the payment and mandatory KYC verification process.

Step 5

You’re done! You’ll receive the policy document via email, SMS and WhatsApp. Also, you can access it 24X7 on the Digit App. 

Documents Required to Buy Excavator Insurance Online

To buy excavator insurance online from Digit, you need these documents:

  • Vehicle Registration Certificate (RC)
  • Previous year commercial vehicle insurance policy, if applicable
  • Any docu~ment among these for KYC verification - PAN/Aadhar/DL/Voter id/Form 16/Passport

How to File a Claim?

To file a claim against excavator insurance online, follow these steps:

Step 1

Inform your insurer as soon as possible by calling Digit on 1800-258-5956 or dropping an email at hello@godigit.com.

Step 2

Keep your details handy such as policy number, location of the accident, date and time of the accident, and contact number of the insured/caller to make the process easier.

Step 3

Present the required documents required to file the claim and wait for the insurers to verify the details. Upon verifying, your claim will be processed.

How to Renew Excavator Insurance Policy with Digit?

To do excavator insurance renewal online with Digit, follow the given steps:

Step 1

Go to Digit App or website and click on the ‘My Policy’ tab.

Step 2

Select the policy pending for renewal and click on ‘Renew Policy.’

Step 3

Now select the plan, IDV, add-ons and confirm the details, then click on ‘Pay Now.’

Step 4

You’re done! You’ll receive the policy document via email, SMS and WhatsApp. Also, you can access it 24X7 on the Digit App.

How to Download Your Excavator Insurance Policy on Digit App?

If you already have an active excavator insurance policy, you can easily download the policy document by following the given steps:

Step 1

On the Digit App, go to the ‘My Policies’ tab at the bottom. All your current active policies will be displayed.

Step 2

Choose the policy for which you want to download the document. Check the details and then click on ‘Download Policy’.

Step 3

Your excavator insurance policy document will be downloaded.

Report Card

How fast are Digit Insurance Claims Settled?

This is the first question that should come to your mind when switching your insurance company. Good you’re doing that!

Read Digit’s Claims Report Card

What our customers have to say about us

Vikas Thappa

I had a wonderful experience while prossesing my vehicle insurance with Digit Insuarnce . It is so customer friendly equipped with apt technology. Claim got resorted within 24 hrs even without physically meeting any person. The customer centers handled my calls well. My special recognition to Mr Ramaraju Kondhana who was handled the case in a excellent way.

Vikrant Parashar

Really an fab insurance company which declared the highest idv value n staff is really courteus n i m totally complacent with the staff n specially credit goes to uves farkhun who timely infork me about various offers n benifits which push me to buy policy only from digit insurance n now i have decided to buy policy of another vehicle from digit insurance only bcs of many factors lyk cost-related and service-related.

Siddharth Murthy

It was a good experience of buying my 4th Vehicle insurance from Go-digit. Ms. Poonam devi explaining the policy well, as well as she knew what was the expectation from the customer and gave the quote according to my needs. And it was Hassle free to make the payment online. Special thanks to Poonam for getting this done Asap. Hope the Customer relationship team become better day by day!! Cheers.

Show more
Show all Reviews

FAQs about Excavator Insurance Price & Renewal Online