A Commercial Vehicle Insurance Policy provides financial protection for vehicles used for business purposes. Whether you own trucks, taxis, buses, vans, or any other type of commercial vehicle, this policy safeguards your business against unforeseen accidents, damages, and liabilities..
Commercial vehicles are exposed to higher risks due to continuous usage, long-distance travel, and heavy-duty operations. Having an insurance policy ensures:
• Coverage for damages due to accidents, natural calamities, or theft
• Financial protection against third-party liabilities
• Legal compliance with motor vehicle laws
• Security for drivers, passengers, and business assets
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1. Third-Party Liability Insurance
• Covers legal liabilities arising from injuries or damages caused to a third party
• Mandatory as per the Motor Vehicles Act
• Protects against third-party medical expenses, vehicle damage, or property loss
2. Comprehensive Insurance Policy
• Covers third-party liabilities along with own vehicle damages
• Protection from accidents, theft, natural disasters, and vandalism
• Includes personal accident cover for the owner-driver
3. Fleet Insurance
• Designed for businesses managing multiple vehicles
• Ensures cost-effective and convenient coverage for all company vehicles under a single policy.
Accident Coverage – Covers repair and replacement costs in case of accidental damage
Third-Party Liability Protection – Ensures financial assistance for injuries or damages caused to third parties
Theft & Fire Protection – Compensation in case of vehicle theft or fire-related damages
Natural Disaster Coverage – Protection against floods, earthquakes, storms, etc.
Personal Accident Cover – Financial aid for injuries, disability, or death of the owner-driver
Customizable Add-ons – Roadside assistance, zero depreciation cover, engine protection, etc..
• Transport businesses (trucks, tempos, taxis, buses)
• Logistics and delivery companies
• Construction businesses with heavy machinery
• Cab operators and rental services
• Food delivery and courier service providers.
• Vehicle Registration Certificate (RC)
• Business ownership proof (if applicable)
• Identity and address proof
• Previous insurance details (if renewing)
• Tax receipts and road permit copies.
1. Choose Your Coverage – Select between third-party, comprehensive, or fleet insurance.
2. Provide Vehicle Details – Enter registration number, make & model, usage type, etc.
3. Get a Quote – Compare plans and premiums to find the best-suited policy.
4. Make the Payment – Complete the purchase online or through an insurance provider.
5. Receive Policy Documents – Get instant digital copies of your insurance certificate..
• Step 1 : Inform the insurance provider immediately after an accident or damage.
• Step 2 : Provide necessary documents like the FIR (if applicable), insurance policy, and vehicle details.
• Step 3 : The insurer will arrange a surveyor for damage assessment.
• Step 4 : Upon approval, the claim will be settled via cashless repair at network garages or reimbursement.
Get Your Commercial Vehicle Insured Today!
Protect your business and stay legally compliant with a robust Commercial Vehicle Insurance Policy. Contact us now for expert assistance and hassle-free insurance solutions!.