Your commercial vehicles are the backbone of your business. Whether you transport goods across the country or carry passengers between cities, your fleet faces risks every day. Accidents, breakdowns, theft, and legal claims can all cost you money and downtime.
Commercial vehicle insurance is mandatory in India. Third party cover is the legal minimum. But comprehensive insurance offers much better protection for your vehicles and your business.
Compare commercial rates and fleet discounts from top insurers
Commercial vehicle insurance covers trucks, buses, tankers, tippers, goods carriers, and other vehicles used for business purposes. It protects against accidents, theft, fire, natural disasters, and legal liabilities. Without it, a single accident could cost your business lakhs of rupees.
For cargo in transit, coordinate your vehicle coverage with comprehensive marine insurance, or explore broader corporate insurance frameworks for your enterprise.
Motor Vehicles Act, 1988 Mandate: Operating any commercial goods or passenger vehicle without valid insurance is illegal, resulting in heavy fines, impoundment, or legal prosecution.
Comprehensive commercial vehicle insurance shields your business assets against critical road, cargo, driver, and third-party liabilities.
Covers the cost of repairing your vehicle after a road accident, collision, or rollover. This includes body damage, mechanical damage, and damage to cargo carrying equipment.
If your vehicle is stolen, the insurer pays the insured declared value (IDV). Commercial vehicle theft is a real risk, especially for vehicles parked at unsecured locations overnight.
Covers your legal liability if your vehicle causes injury, death, or property damage to a third party. This includes pedestrians, other vehicles, and roadside property.
Covers the driver in case of accidental death or disability while driving the insured vehicle. The Motor Vehicles Act requires a minimum personal accident cover of Rs 15 lakh for the owner driver.
Choose the right structure for individual business vehicles, comprehensive protection, or large multi-vehicle operations.
Covers injury or damage your vehicle causes to other people, vehicles, or property. Does not cover your own vehicle. This is the minimum legal requirement but leaves your vehicle unprotected.
Covers third party liability plus damage to your own vehicle from accidents, fire, theft, and natural events. Also includes personal accident cover for the driver. Recommended for all commercial vehicles.
If you own 5 or more vehicles, fleet insurance covers them all under one policy. You get simplified paperwork, a single renewal date, and often a group discount on premiums. This is the most efficient option for logistics companies and transport operators.
Commercial vehicle premiums depend on the vehicle type (truck, bus, tanker), its age and carrying capacity, the zone of registration (metro vs rural), the nature of goods carried, and your claims history. Fleet policies may qualify for group discounts. Higher carrying capacity and older vehicles generally have higher premiums.
Designed specifically for transport operators, delivery networks, and fleet owners managing 5 or more commercial vehicles.
Eliminate the hassle of tracking dozens of individual policies. Cover your entire fleet with a single renewal date and simplified paperwork.
Fleet policies qualify for attractive bulk volume discounts, helping logistics operators reduce operational overheads significantly.
Easily add new commercial vehicles or replace existing trucks on a pro-rata basis without generating separate administrative contracts.
Operating passenger taxis or app cabs? Explore our dedicated Taxi Insurance plans. For private passenger vehicles, check our Car Insurance policies.
Commercial vehicle and fleet insurance specialists in India
We specialise in commercial vehicle and fleet insurance. Our IRDAI licensed advisors compare policies across insurers to find the best rates for your fleet. We help with claims, renewals, and mid term additions when you add new vehicles.
Answers regarding statutory mandates, coverage tiers, truck calculations, fleet policies, and required documents
Protect your fleet. Fill out the form or call 90 90 92 15 15 for a commercial vehicle or fleet insurance quote.