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Check JCB/Backhoe Loader Insurance Price & Policy Renewal Online in 2024
Having a JCB insurance policy is essential to protect your heavy machinery against potential damage and liabilities. Special commercial vehicle insurance is designed for such vehicles, keeping their requirements in mind.
So, read here everything you need to know about JCB insurance online, renewal, price, and more.
What is JCB or Backhoe Loader Insurance?
JCB insurance or backhoe loader insurance is a commercial vehicle insurance policy that covers heavy construction JCB machines and equipment used in industries like construction, agriculture and mining.
Under any unforeseen damage or loss to the vehicle, such as accidents, theft, natural calamities, and third-party liability, etc., this comprehensive insurance policy provides financial coverage. The coverage you’ll receive will depend on the add-ons you choose along with this policy.
You can avail this benefit by paying an affordable premium and ensure your peace of mind.
Note: JCB 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 JCB Insurance?
As a JCB owner you should have a backhoe loader insurance due to the following reasons:
- It is mandatory by law to have at least a Liability Only policy to protect a third party against any damage and losses that could be caused by your backhoe loader.
- A JCB insurance policy will protect you from any unexpected losses incurred due to unforeseen circumstances.
- Since heavy machinery like JCB works in riskier conditions and is more prone to damage, any mishap can lead to a massive loss of investment. Thus, securing it with a standard policy can protect you financially in such situations.
- As per your chosen JCB policy, you can get insurance as per the current replacement value of the machinery.
- You can also get coverage for both partial and total damage to the equipment, depending on whether you buy a comprehensive policy.
Why Choose JCB Insurance by Digit?
Key Features of JCB 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 JCB Insurance?
What’s Not Covered?
It is equally important to know what’s not covered in your JCB insurance policy so that there are no surprises when you make a claim. Here are some such situations:
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.
If during a claim, the driver-owner is found to be driving the insured vehicle without a valid driver’s license or under the influence of alcohol then the claim can’t be approved.
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.
Any damages or losses that aren’t a direct result of an accident, natural calamity or fire can’t be covered for.
Types of JCB Insurance Plans and Coverages
1. Comprehensive or Standard Package Plan
A Comprehensive commercial vehicle insurance plan covers your own JCB vehicle as well as damage or injury to third-parties due to your vehicle. With a comprehensive plan you get enhanced protection against injuries, damage, natural disasters, and theft.
The comprehensive policy also allows you to further widen your coverage by opting for suitable add-on covers.
2. Third-party or Liability Only Plan
Third-party liability insurance for commercial vehicles offers coverage to your JCB against damage, loss or injury to only third-party property or person due to your vehicle. It is mandatory in India to have at least a third-party insurance policy.
Also, no add-ons are available with this policy and JCB third-party insurance price is already fixed by IRDAI depending on various factors.
Third Party vs Comprehensive JCB Commercial Insurance11
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 |
Damages caused by your heavy vehicle to any third-party person or property. |
|
Damages caused to any third-party person or property by the vehicle being towed by your insured heavy vehicle. |
|
Loss or damages to own heavy vehicle due to natural calamities, fire, theft or accidents. |
|
Injury/death of heavy vehicle owner-driverIf the owner-driver doesn’t already have a Personal Accident Cover from before |
|
| Get Quote | Get Quote |
How to Buy JCB 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 JCB Insurance Online
To get JCB insurance online from Digit, you need to furnish only the following documents:
- Vehicle Registration Certificate (RC)
- Previous year commercial vehicle insurance policy, if applicable
- Any document among these for KYC verification - PAN/Aadhar/DL/Voter id/Form 16/Passport
How to File a Claim?
To file a claim against JCB insurance, 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 JCB Insurance with Digit?
To renew JCB insurance policy 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 JCB Insurance Policy on Digit App?
To download your renewed or already active commercial vehicle insurance policy for JCB, follow 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 JCB insurance policy document will be downloaded.
What Our Customers Have to Say about Us
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.
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.
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.
FAQs about JCB Insurance Price & Renewal Online
Why do I need commercial insurance for JCB?
JCB insurance, which is a type of commercial vehicle insurance, offers coverage to heavy machinery like JCB against damage or loss to your own vehicle or any third-party caused due to your vehicle. Thus, a JCB insurance policy supports you financially to carry out quick repairs and help the business run.
Does the JCB insurance policy also cover contractual liability?
No, contractual liability is not covered under the backhoe loader insurance policy.
Can I insure multiple JCB machines under one JCB or backhoe loader insurance policy?
No, you need a separate insurance policy to cover each JCB machine. To get JCB insurance for all your JCB machines at an affordable premium, you can get in touch with us
Is commercial vehicle insurance more expensive than personal vehicle insurance?
Yes; this is because a commercial vehicle is more prone to risks and thus has high liability limits than a personal vehicle. So, it increases its insurance price as well.
What is covered in JCB insurance online?
The coverage offered by JCB insurance depends on the type of plan chosen. A JCB comprehensive plan provides coverage against third-party liability and even damage or loss of your own vehicle. While a JCB third-party plan provides only third-party liability coverage.
Is insurance for JCB mandatory?
Yes, it is mandatory in India to get at least a third-party liability only commercial vehicle insurance for JCB. However, you can upgrade it to comprehensive insurance for better coverage.
Is it important to renew my JCB insurance policy?
Ye, it is mandatory by law in India to have a valid and active commercial vehicle insurance policy Thus, if you want to legally drive in India, you must do JCB insurance renewal before its expiry.
How much is the JCB insurance price?
The JCB insurance price depends on various such as its IDV, add-ons opted, NCB discount, JCB’ model and variant, plan and coverage, cubic capacity of the vehicle, etc. However, JCB third-party insurance price is already fixed by IRDAI.
How can I reduce my JCB insurance price?
You can reduce the JCB insurance price by using your NCB discount Opting for voluntary deductibles Comparing policies online Installing anti-theft devices
What is the policy period of a JCB insurance policy?
Generally, in India, a commercial vehicle insurance policy, including JCB insurance is valid for one year.
Is the owner-driver covered under JCB insurance?
Yes, the death of owner-driver is covered under both Liability Only and Standard JCB insurance policies only if the owner-driver isn’t covered under a Personal Accident cover in their name.