Commercial Insurance

Commercial vehicle insurance is a mandatory motor insurance that covers your commercial vehicle against different types of external damages like theft, accident, and natural calamity, along with personal as well as third-party liabilities. It is an insurance plan that provides financial protection and covers vehicles like trucks, taxis, auto-rickshaws, buses, tractors, etc.

Importance of Commercial Insurance

A Commercial vehicle insurance policy provides insurance coverage to vehicles that are used for commercial purposes like trucks, auto-rickshaw, vans, cabs, tractors, school buses, etc. So any lose or damage incurred to a commercial vehicle and its owner-drivers by an accident, collision, fire, natural calamities, etc. are covered in this type of insurance plan. Apart from the protection it provides, it is mandated by law to insure commercial vehicles.

Steps to buy Commercial Vehicle Insurance ?

What is included Commercial Vehicle insurance policy?

Accidents

Fire

Theft

Third party losses

Natural disaster

Personal accident

What is Excluded Commercial Vehicle insurance policy?

Riding without valid license

Drunk riding

Speed testing and racing

Damage to your personal property

Wear and tear

Consequential loss

Add-ons Available with Commercial Passenger Vehicle Insurance

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