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Commercial Vehicle Insurance - Protect Your Business

Comprehensive Coverage for Your Trucks, Buses, Taxis, and More

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What Is Commercial Vehicle Insurance?

Commercial vehicle insurance provides financial protection for vehicles used for business purposes, such as trucks, buses, taxis, and delivery vans. It covers damages from accidents, theft, fire, and third-party liabilities, ensuring compliance with the Motor Vehicles Act, 1988. Protect your business assets and keep operations running smoothly with tailored coverage.

Commercial truck on road

Key Features & Benefits

Third-Party Liability

Covers damages or injuries caused to third parties in accidents.

Own Damage Cover

Protection for your vehicle against accidents, theft, or natural calamities.

Add-On Covers

Options like roadside assistance, passenger cover, and zero depreciation.

Cashless Claims

Hassle-free repairs at network garages with no upfront payment.

Online Purchase

Buy or renew your policy online in minutes.

No-Claim Bonus

Save on premiums with discounts for claim-free years.

How to Buy or Renew Commercial Vehicle Insurance

Step 1: Enter Vehicle Details

Provide vehicle type, registration number, and usage details.

Step 2: Select Policy

Choose third-party or comprehensive coverage with add-ons.

Step 3: Submit Documents

Upload vehicle and owner documents for verification.

Step 4: Make Payment

Pay securely via UPI, card, or net banking.

Step 5: Receive Policy

Get your policy document instantly via email.

Documents Required

  • Vehicle Registration Certificate (RC)
  • Driver’s License
  • Proof of Address (Aadhar, Utility Bill)
  • ID Proof (PAN, Voter ID)
  • Previous Insurance Policy (if renewing)
Documents for commercial vehicle insurance

Claim Process Explained

Step 1: Inform Insurer

Notify us immediately after an accident and file an FIR if required.

Step 2: Document Damage

Submit photos, videos, and details of the vehicle damage.

Step 3: Surveyor Inspection

Our surveyor assesses the damage to estimate the claim.

Step 4: Cashless Repairs

Get repairs at network garages or receive reimbursement.

Frequently Asked Questions

What does commercial vehicle insurance cover?

It covers third-party liabilities, own vehicle damage, theft, fire, and natural calamities. Add-ons like roadside assistance or passenger cover can be included.

Is commercial vehicle insurance mandatory?

Yes, third-party insurance is mandatory for all commercial vehicles in India under the Motor Vehicles Act, 1988.

What is a no-claim bonus?

A no-claim bonus is a discount on your premium for not filing claims during the policy term, reducing renewal costs.

How long does a claim take to process?

Claims typically take 7-15 days, depending on the damage assessment and documentation provided.

Contact & Support

Customer Care

Call us at: +91 8827275975

Email Support

Reach us at: support@apsinsurancevia.com

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