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Tata Ace Insurance Price Check & Policy Renewal Online 2025
The Tata Ace is a multipurpose mini truck by Tata Motors that is extremely popular in India, thanks to its reliability and efficient performance.
Available in petrol, CNG, and diesel options, Tata Ace boasts a strong payload capacity, a comfortable cabin, and an impressive fuel efficiency, making it quite economical.
This light commercial vehicle is mostly used by small businesses for transportation of goods, and for everyday hauling tasks such as delivering groceries, agri products, beverages and bottles, FMCG and FMCD goods, e-commerce, dairy, pharmaceutical products and other food products.
So, it is important to protect this versatile and extremely useful vehicle in situations of loss or damage by getting a Commercial vehicle insurance policy by Digit, which is just as reliable as Tata Ace.
What is Tata Ace Insurance?
Tata Ace Insurance is a type of commercial vehicle insurance policy designed to protect specifically Tata Ace, which is a light commercial vehicle used to transport goods.
This comprehensive insurance policy covers you financially in case your Tata Ace suffers any unforeseen damage or loss due to accidents, theft, natural calamities, third-party liability, etc. The coverage you’ll receive will depend on the type of insurance policy you opt for and the add-ons you buy along with it.
Note: Light Commercial Vehicle Insurance in Commercial Vehicles will be covered under Digit Commercial Vehicle Package Policy - Goods Carrying Vehicle.
UIN number IRDAN158RP0001V01201819
Why Should You Buy Tata Ace Insurance?
If you own a Tata Ace, an insurance policy is a must have due to the following reasons:
- It is mandatory by law to have at least a Liability Only policy for commercial vehicles in India. Driving without one can lead to penalties.
- Tata Ace insurance protects you from financial risks in case it is damaged or stolen, as the insurance policy covers the cost of repairs or replacement of damaged parts of the vehicle.
- Since Tata Ace is often used for deliveries of daily use products, it is more prone to accidents, damage or loss. Therefore, it's best to protect Tata Ace with a Standard Package insurance policy to prevent any loss of business.
- Getting insurance for Tata Ace also provides third-party coverage, meaning that it will cover any damage or loss caused to third-party by your vehicle.
Is Tata Ace Insurance Mandatory?
Yes, having at least Tata Ace insurance third-party policy is mandatory by law in India to drive it legally on the roads, else you will have to face penalty and even imprisonment.
This type of insurance covers any damage or injury you might cause to other people or their property due to your vehicle.
What's Covered in a Tata Ace Insurance by Digit?
What’s Not Covered?
It is equally important to know what’s not covered in your commercial vehicle insurance policy so that there are no surprises when you make a claim. Here are some such situations:
In the case of a Third-Party Liability Only Policy, damage to your own vehicle won’t be covered.
If the owner-driver of the claimed vehicle is drunk or driving without a valid licence.
Any damage caused due to contributory negligence of the driver (such as driving when there’s an existing flood).
Any damage that is not a direct result of the accident/natural calamity, i.e., consequential losses like loss of earnings, loss of market, etc.
Add-ons Available with Commercial Vehicle Insurance
Digit offers the following add-ons with Tata Ace insurance online to provide enhanced protection. Choose the ones most suitable for you to get better coverage.
A consumable cover covers the cost for your vehicle's bits and pieces, like the nuts and bolts, screws, engine oil, and grease in case of an accident.
Over time, your Tata Ace and its parts depreciate due to wear and tear, the value of which is usually deducted at the time of Tata Ace vehicle insurance claim. So, with Zero Dep add-on the depreciation cost is covered for any replaced parts in case of partial damage or loss due to an accident.
An accident can cause damage to your vehicle's engine or gearbox due to water ingress or oil leakage. In such a situation, Engine and Gear Box Protect add-on helps you by covering the consequential damage caused after the accident, such as engine damage due to hydrostatic loss.
Breakdowns can happen anytime and anywhere. With breakdown assistance add-on, you get 24x7 assistance for issues like accidents, flat tires, or battery malfunctions, ensuring help is always available when you need it.
For businesses and individuals who rely on their vehicles for work, this add-on compensates for any loss of income when your Tata Ace commercial vehicle is being repaired due to damage.
If your vehicle is involved in an accident, it will need to be towed to a garage for repairs. So, with this add-on the additional expenses incurred while moving your vehicle from the accident site to the nearest garage or safe location are covered.
If your vehicle is taken on a loan and is damaged by an accident, and it’s sitting in a garage for repair that might mean a loss for your business. Through this add-on, you will be of the vehicle recorded in our books.
In case of total or constructive loss, or theft of the insured vehicle, Return to Invoice add-on compensates you with the current ex-showroom price of a new vehicle. If the exact make, model, or variant is discontinued, the liability is limited to the difference between the last available ex-showroom price and the claim payable under the OD section of the base policy.
There are instances when the vehicle’s lockset needs to be replaced or the keys are misplaced and lost. In such scenarios, this key and lock replacement cover helps the policyholder get compensated for the cost incurred to get the vehicle’s locks and keys replaced, installing a new lockset etc., in the insured vehicle. However, this add-on is available only for passenger carrying vehicles.
This add-on compensates for expenses incurred in cleaning up, removing debris, wreckage, or transhipping goods from the insured goods-carrying commercial vehicle to another vehicle in case of accidental damage or loss. The maximum amount payable is up to the sum insured opted by you.
Why choose a Commercial Vehicle Insurance for Tata Ace by Digit?
Key Features of Tata Ace Insurance by Digit
| Key Features | Digit Benefit |
|---|---|
| Claim Process | Paperless Claims |
| Customer Support | 24x7 Support |
| Premium | Customized as per type of commercial vehicle & number of vehicles to be insured |
| 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 |
Types of Tata Ace Insurance Plans
Based on the requirement of your commercial vehicle, we primarily offer two policies. However, considering the risk and use of commercial vehicles, it’s recommended to take a Standard Package Policy that will financially protect your own commercial vehicle, and the owner-driver using it as well.
1. Comprehensive or Standard Package Plan
Tata Ace 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 Tata Ace.
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
The third-party liability only commercial vehicle insurance for Tata Ace has your back financially only in case of damage, loss, or injury to third-party property or person due to your vehicle. 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 Tata Ace third-party insurance price is fixed by IRDAI.
| Liability Only | Standard Package |
Damages caused by your commercial 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 commercial vehicle |
|
Loss or damages to own commercial vehicle due to natural calamities, fire, theft or accidents |
|
Injury/death of owner-driverIf owner-driver doesn’t already have a Personal Accident Cover from before |
|
| Get Quote | Get Quote |
How to Buy a Commercial Vehicle Policy 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 Tata Ace Insurance Online
To buy Tata Ace insurance policy online from Digit, you will need these 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 Tata Ace Insurance Claim with Digit App?
To know how to file Tata Magic insurance, follow these steps:
Step 1
Download the Digit app and go to ‘File Motor Claim’ option.
Step 2
Provide all the required details related to accident and damage.
Step 3
Enter your personal details and click on ‘Register Claim’ button.
Step 4
That's it! Your claim has been registered successfully, and you will receive the next steps on your email and WhatsApp.
How to Do Tata Ace Insurance Renewal Online with Digit?
Step 1
Go to Digit App or website and click on the ‘My Policy’ tab.
Step 2
Select the policy pending for Tata Ace insurance renewal online and click on ‘Renew Policy.’
Step 3
Now select the OD 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 Tata Ace Insurance Policy on Digit App?
To download Tata Ace insurance policy with Digit, 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’. Your Tata Ace insurance policy document will be downloaded.
Rate of Depreciation in Tata Ace Vehicle Insurance
The Tata Ace insurance price depends upon the Insured's Declared Value (IDV) of the insured vehicle. This IDV is adjusted for depreciation value of your vehicle as per the below table.
This age-wise depreciation is applicable for only Total Loss/Constructive Total Loss (TL/CTL) claims.
| Tata Ace Age | Depreciation Rate |
| Not Exceeding 6 months | 5% |
| Exceeding 6 months but not exceeding 1 year | 15% |
| Exceeding 1 year but not exceeding 2 years | 20% |
| Exceeding 2 years but not exceeding 3 years | 30% |
| Exceeding 3 years but not exceeding 4 years | 40% |
| Exceeding 4 years but not exceeding 5 years | 50% |
Rate of NCB in Tata Ace Insurance
NCB full form is 'No Claim Bonus', which is a discount offered when you do not file any claim in the previous policy year. You can calculate the Tata Ace insurance amount after applying NCB using a No Claim Bonus Calculator available on insurance companies’ websites.
The No Claim Bonus percentage for any commercial vehicle is generally calculated in the following way:
| Claim free years | No Claim Bonus |
| After 1 year | 20% |
| After 2 years | 25% |
| After 3 years | 35% |
| After 4 years | 45% |
| After 5 years | 50% |
Factors Affecting Tata Ace Insurance Premium Price
There are various factors that affect your Tata Ace first party insurance price, such as:
Model, Engine & Make of the Vehicle
Different models of Tata Ace have different features and therefore different risks. This is why each of them will have different Tata Ace insurance price.
Location
Different cities and areas have varying levels of risk. Some areas are safer for driving or more expensive than others, which directly affects the Tata Ace insurance amount.
No-Claim Bonus
If you have not made any claim in the previous policy year, then at the time of renewal you can get a discount on your Tata Ace insurance price as No Claim Bonus.
Type of Insurance Plan
Whether you opt for third-party liability insurance or comprehensive Tata Ace insurance plan, will directly impact the Tata Ace insurance amount, as each plan offers different coverage benefits.
Why Should You Buy Tata Ace?
Here are some reasons for Tata Ace’s unwavering popularity and why you should buy it:
Economical
Tata Ace stands out in the mini truck sector in India with its competitive price point and offers good fuel efficiency, thus, allowing you to save money in the long run.
Versatile
Available in diesel, petrol and CNG variants, this mini truck can work efficiently on different terrains and weather conditions
Payload Capacity
It has a strong payload capacity to ensure that you can transport a significant amount of cargo in one go.
Easily Manoeuverable
Since Tata Ace has a compact size, it can easily fit into narrow streets and tight areas, making it perfect for delivering goods in urban settings and congested areas.
Durable
Tata Motors boast of a robust construction and dependable performance, which can be seen in Tata Ace as well. Thus, you will experience fewer breakdowns and lower maintenance costs.
Superior Service Network
Tata Motors is a trusted brand in the Indian automobile industry, so as a Tata Ace owner you get access to a wide service network, and easy assistance and repairs across the country.
Tata Ace Specifications
Tata Ace Gold Mini Truck or commonly known as Chhota Hathi, is built with cutting-edge technology to deliver exceptional performance. The newest BS-6 model boasts improved mileage, enhanced pick-up, increased payload capacity, greater convenience, and reduced maintenance costs.
- Ex-Showroom Price: ₹5.01 - 6.90 lakhs*
- Mileage: 16 - 22 kmpl
- Engine: 702 cc
- Engine Type: Petrol, Diesel and CNG
- Transmission: Manual
- Load Carrying Capacity: 710 - 750 Kgs
- USPs: Compact and modern design, spacious cabin, superior mileage, and good load-carrying capacity.
- Best for Road Type: Good for both rural and urban terrain
- After Sales Service: Yes
Different Tata Ace Variants Covered Under Tata Ace Insurance
Here is the list of Tata Ace variants covered under Tata Ace insurance online:
- Tata Ace Gold Petrol
- Tata Ace Gold CNG
- Tata Ace Gold CNG Plus
- Tata Ace CNG 2.0
- Tata Ace Gold Diesel
- Tata Ace EV 1000
- Tata Ace EV
- Tata Ace HT+
- Tata Ace Diesel
Things to Consider Before Buying TATA Ace Insurance
When opting for TATA Ace insurance online, remember the following things:
Add-On Covers
Consider additional covers like zero depreciation, engine protection, etc., as they provide extra protection and peace of mind.
Insured Declared Value (IDV)
The IDV is the maximum sum assured by the insurer in case of total loss or theft of the vehicle. Ensure the IDV is accurately calculated to make sure you get your right claim amount at the time of settlement.
Quick Claim Settlement
The main feature of any good Tata Ace insurance policy is to get your claims settled! So, make sure you pick an insurance company that will guarantee quick claim settlements.
Premium Costs
Compare premiums from different insurers to get the best Tata Ace third party insurance price.
Service Benefits
Consider services such as 24x7 Customer Support and a Wide Network of Cashless Garages, among others. In times of need, these services matter.
FAQs about Tata Ace Insurance
What factors affect the premium for Tata Ace insurance?
Several factors influence the premium such as the age of Tata Ace, its usage, driving record, location it is driven the most in, the type and amount of coverage opted for, and claims history.
Where can I repair my Tata Ace in case of any damage?
If your Tata Ace is protected by Digit’s insurance policy, you can benefit from our partner garages across India. You can either get your Tata Ace repaired at any one of these garages or another garage of your choice and get the repair expenses reimbursed through a claim.
Why is Tata Ace so popular?
Tata Ace has revolutionized the cargo transport sector in India. Its durability, high performance, functionality across all kinds of terrain and weather conditions, and fuel efficiency make it the go-to option for daily hauls, especially among small businesses.
Why do I need to buy Tata Ace vehicle insurance?
Insurance for Tata Ace is important as it financially covers the vehicle in various situations like damage to insured vehicle or third-party, etc. Also, it is mandatory by law to have at least a third-party liability policy while driving your goods-carrying commercial vehicle on Indian roads.
How to find the best Tata Ace insurance for my business?
To find the best commercial Tata Ace insurance for your business, first compare different plans offered by insurance companies, check their premiums and coverage offered, compare the policies as per your business’ needs, and then buy the most suitable one. You can also check out the commercial vehicle insurance policy offered by Digit.
What types of risks are covered in a Tata Ace third-party insurance policy?
Insurance for Tata Ace covers injury or death to third-party and third-party property damage caused due to the insured vehicle.
Where can I repair my Tata vehicle in case of damage?
With Digit, you can either get your Tata Ace repaired at one of our partner garages across India or get it repaired at another garage of your choice and get the repair expenses reimbursed through a claim.
How can I renew Tata Ace insurance policy?
You can do Tata Ace insurance renewal online by visiting the Digit website or app and following the required steps.
What is the difference between insurance for Tata Ace commercial vehicle and private vehicles?
Tata Ace vehicle insurance provides insurance coverage only to commercial vehicles used for commercial transportation of goods or passengers. Whereas personal insurance policy covers private vehicles used for only personal purposes.
Can I opt for add-ons with my commercial Tata Ace insurance policy?
Yes, with Digit you can buy up to 8 add-ons with this commercial insurance policy.
Can I use Tata Ace for personal use?
Yes, generally light vehicles like can be used for commercial purposes, on a private licence. However, confirm the same from your insurer.