Yes, under the Motor Vehicles Act, at least a Third-Party Liability policy is legally required for any commercial vehicle to operate on public roads.
Commercial vehicles are the workhorses of your business, and any downtime can lead to significant revenue loss. Commercial Motor Insurance is a specialized policy designed to protect vehicles used for business purposes—such as trucks, taxis, buses, and delivery vans—against accidents, theft, and natural disasters. It ensures that your logistics and transport operations remain uninterrupted, even when the road gets rough.
Keep your business moving with a policy that protects your fleet and your bottom line.
Unlike personal motor insurance, commercial policies are tailored to handle the unique risks of business travel, including heavy loads, long-haul routes, and passenger transport. Whether you own a single delivery van or a large fleet of heavy-duty trucks, our plans cover your own vehicle damage and your legal liabilities toward third parties. With quick claim processing and dedicated support, we help you manage your operational risks so you can stay focused on your business goals.
Yes, under the Motor Vehicles Act, at least a Third-Party Liability policy is legally required for any commercial vehicle to operate on public roads.
IDV is the current market value of your vehicle. It is calculated based on the manufacturer's selling price minus depreciation according to the age of the vehicle.