Commercial Vehicle Insurance

Covers vehicles used for transporting goods or passengers for business.

Goods-Carrying Vehicles (e.g., Trucks, Tankers)

  • Covers liability for employed drivers/loaders
  • Covers damage to transported goods
  • Covers driver injuries or death
  • Excludes minor parts unless major damage
  • Covers additional electrical/electronic accessories

Add-ons

  • Legal Liability (Driver)
  • Goods-in-Transit Cover
  • PA Cover for Driver
  • IMT 23
  • IMT 47

Benefit

  • Legal protection
  • Business continuity
  • Compensation to family
  • Controls repair fraud
  • Covers non-standard fittings
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Passenger-Carrying Vehicles (e.g., Bus, School Van)

  • Covers accidental injuries to passengers
  • Tailored PA and driver cover for school operations
  • Covers attached equipment

Add-ons

  • PA for Passengers
  • School Bus Add-ons
  • Trailer Cover

Benefit

  • Legal and moral safeguard
  • Compliant with norms
  • Protects additional liability

What is Commercial Vehicle Insurance?

"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

Why do you Need Commercial Vehicle Insurance?

Legal Obligation

As per the Motor Vehicles Act, it is mandatory to have third-party commercial vehicle insurance to operate any commercial vehicle on Indian roads.

Financial Security

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.

How to Buy/Renew Commercial Vehicle Insurance Policy Online?

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.