Commercial Vehicle or Fleet Insurance

Yes. This is the #1 reason for claim rejection in India. If your vehicle’s Fitness Certificate or Permit has expired at the time of an accident, the insurance company is legally allowed to reject your “Own Damage” claim entirely.

Standard policies include a Personal Accident (PA) cover for the Owner-Driver (up to ₹15 Lakhs). However, to cover your hired driver, you must pay an additional premium under “LL to Paid Driver” (Legal Liability to Paid Driver) as per the Workmen’s Compensation Act

In India, parts like plastic, fiber, and rubber depreciate by 30–50% the moment the vehicle leaves the showroom. A Zero Dep (Nil Depreciation) add-on ensures the insurer pays the full cost of these parts during a claim without any deduction for age

No. Commercial Vehicle Insurance covers the vehicle, not the load. To protect the goods you are carrying, you need a separate Marine Cargo or Transit Insurance policy.

As long as the vehicle is insured as a “Commercial Vehicle,” it is covered for both commercial and personal use. However, the reverse is not true: you cannot use a private-plated car (white plate) for commercial work (yellow plate); any claim will be rejected.

If your truck or taxi is in the garage for 10 days after an accident, you lose 10 days of income. Some Indian insurers offer a “Loss of Revenue” add-on that pays you a fixed daily amount while your vehicle is being repaired.

Most Indian policies include a basic towing cover (usually up to ₹1,500 for taxis and ₹2,500 for heavy vehicles). For better protection on long-distance routes, it is practical to buy a Roadside Assistance (RSA) add-on.

The NCB belongs to the Owner, not the vehicle. When you sell your old commercial vehicle, you can get an “NCB Reserving Letter” and apply that discount (up to 50%) to the insurance premium of your new vehicle.