commercial-vehicle-insurance

Commercial Vehicle Insurance

Commercial Vehicle Insurance is a specialized insurance policy designed to provide comprehensive protection for vehicles used for business purposes. Whether you operate a fleet of delivery trucks, school buses, taxis, or goods carriers, this policy safeguards your vehicles against damages, theft, and third-party liabilities.

Businesses that rely on transportation as part of their operations face higher risks on the road. From accidents and natural disasters to legal liabilities arising from injury or property damage, commercial vehicle insurance ensures that such risks do not result in financial loss or operational disruptions.

Key Features:

  • Coverage against accidents, fire, theft, and natural calamities
  • Third-party liability coverage as per the Motor Vehicles Act
  • Protection for paid drivers, passengers, and employees (as applicable)
  • Optional add-ons like zero depreciation, roadside assistance, and personal accident cover

Who Should Buy It?

Owners of vehicles used for commercial or business purposes such as:

  • Goods-carrying vehicles (trucks, tempos)
  • Passenger-carrying vehicles (taxis, buses, auto-rickshaws)
  • Construction and utility vehicles (cranes, tractors, trailers)
  • Delivery and logistics vehicles (courier vans, e-commerce vehicles)

Why It Matters:

Operating a commercial vehicle without insurance is not only illegal in India, but it also exposes the business to massive risks. A comprehensive policy not only fulfills legal requirements but also ensures peace of mind for business owners.

Whether you own a single commercial vehicle or a large fleet, securing them with a reliable insurance plan is an investment in business continuity and risk management.

Contact Us

Your journey to peace of mind starts here!
commercial-vehicle-insurance

Commercial Vehicle Insurance - Frequently Asked Questions

Commercial Vehicle Insurance is a policy that provides financial protection for vehicles used for business purposes against damage, theft, and third-party liabilities.

Owners of vehicles used for transporting goods or passengers for profit — like trucks, taxis, autos, school vans, and delivery vans — must have commercial vehicle insurance.

Coverage includes accidental damage, theft, fire, natural disasters, third-party property damage, and injury/death of third parties. Optional add-ons may enhance protection.

Exclusions typically include mechanical breakdown, wear and tear, driving under the influence, and usage outside the permitted business type.

Yes, the insurance policy can be transferred to the new owner. You must inform the insurer and submit the required documents within 14 days of the ownership transfer.

Yes, passenger cover can be included through add-ons or as part of the policy if the vehicle is registered for passenger transport.