"Commercial vehicle insurance is a type of policy that provides financial protection for commercial vehicles such as trucks, tractors, buses, auto-rickshaws, and more. It covers losses or damages to the insured vehicle due to accidents, theft, fire, natural calamities, and other unforeseen events. The policy also offers financial coverage for third-party liabilities, including injury, property damage, or death resulting from an accident
As per the Motor Vehicles Act, it is mandatory to have third-party commercial vehicle insurance to operate any commercial vehicle on Indian roads.
Commercial vehicle insurance safeguards both your vehicle and business from adverse situations that could lead to significant financial losses. It helps protect you from unexpected expenses caused by unforeseen events, providing peace of mind along with financial security. The policy also covers losses or damages caused to any third party.
Comprehensive protection for your commercial vehicle against accidents, theft, fire, natural disasters, and vandalism with full repair and replacement coverage.
Mandatory coverage that protects you from legal and financial liabilities if your commercial vehicle causes injury to others or damages their property.
Financial protection for employed drivers in case of accidental death or permanent disability while operating the commercial vehicle.
Protection for goods being transported against damage, theft, or loss during transit, ensuring business continuity.
Coverage for passenger injuries in passenger-carrying vehicles like buses, ensuring compliance with legal requirements.
Protection for specialized equipment and accessories attached to commercial vehicles, including electronic systems and tools.
Coverage for legal liabilities arising from driver injuries or death while operating the commercial vehicle.
Protection for goods being transported against damage, theft, or loss during transit, ensuring business continuity.
Personal accident coverage for drivers with enhanced sum insured for accidental death and permanent disability.
Coverage for legal liability to employees including drivers, conductors, and other staff members.
Coverage for legal liability to non-fare paying passengers in commercial vehicles.
Personal accident coverage for passengers in passenger-carrying commercial vehicles.
Specialized coverage for school buses including student safety and compliance with educational transport regulations.
Coverage for trailers and attached equipment used with commercial vehicles for goods transportation.
Commercial vehicle insurance is essential for protecting your business vehicles, drivers, and cargo from various risks. Here's why having comprehensive commercial vehicle insurance is crucial for your business:
Protects your business operations by covering vehicle repairs, replacement costs, and ensuring business continuity during downtime.
Mandatory for commercial vehicles with comprehensive liability coverage for drivers, employees, and third parties.
Covers high repair costs, protects against theft, and provides compensation for goods-in-transit losses.
Ensures uninterrupted business operations by covering vehicle repairs and replacement costs, minimizing downtime and revenue loss.
Comprehensive liability coverage for drivers, employees, and third parties, ensuring compliance with legal requirements.
Protection for goods being transported against damage, theft, or loss during transit, ensuring business continuity.
Personal accident coverage for drivers and employees, providing financial security for your workforce and their families.
Protection for specialized equipment and accessories attached to commercial vehicles, including electronic systems and tools.
Comprehensive protection against high repair costs, replacement expenses, and legal liabilities, safeguarding your business finances.
The process of buying or renewing a Commercial Vehicle insurance online is quite simple and easy. Here’s how you can easily do it for your Commercial Vehicle with us.
01
Fill Your Commercial Vehicle Details
Provide Commercial Vehicle details such as its make, model, etc, to see car insurance price offered by top insurance providers in India.
02
Compare Insurance Quotes
Select the plan which fits your budget & requirements best, out of all the available car insurance plans.
03
Pay & Get Policy Instantly
Complete the payment online using UPI, debit/credit card, or net banking. Once the payment is successful, your policy will be issued instantly and sent to your registered email. You can also download or print it as a valid document for use on the road.
Fill out this form to get more information about our insurance plans. Our team will contact you shortly to assist with your needs.
Fill out this form to get more information about our insurance plans. Our team will contact you shortly to assist with your needs.