Commercial Vehicle Insurance & its Types
Commercial vehicle is any type of motor vehicle which is used for transporting goods or passengers like Bus, Truck, Tempo, Auto, Taxi, Tractor. Commercial Vehicle can be of 2 Types i.e. Goods Carrying Vehicle (GCV) and Passenger Carrying Vehicle (PCV).
GCV
Truck
Tractor
Tanker
crane
Delivery Van
Dumper
PCV
Taxi
Bus
Auto
Ambulance
Pick Up Van
Delivery Scooter
Taxi
Bus
Auto
Ambulance
Pick Up Van
Delivery Scooter
Types of Commercial Vehicle Insurance
Comprehensive
Comprehensive Insurance Protects your Vehicle against damage, fire, theft, robbery, flood, earthquake etc. It also covers damages to Third Party as well.
Third Party
Third Party Insurance is mandatory by law and it helps to Protect against legal liability due to death, disability or damage to property of other party involved in accident.
Features of Commercial Vehicle Insurance
Covers both Public & Private Carriers
Covers Third Party Liabilities
Personal accident Cover for owner & Driver
Cashless Claim in case of accident
Claim Process
Record the accident details like place, date, time, circumstances, persons involved etc
Contact nearest police station and File an FIR
Inform Insurance Company Immediately
Surveyor will do the inspection of your Bike.
Submit relevant documents like policy copy, RC, driving license etc to Insurance Company
Submit relevant documents like policy copy, RC, driving license etc to Insurance Company
Basis the inspection of the Bike, claim will be settled
