Commercial Vehicle Insurance
Buy/Renew Commercial Vehicle Insurance Policy Online
Commercial vehicle insurance covers your commercial vehicle against different types of external damages like theft, accident, natural calamity along with personal as well third-party liabilities.
Any person or business entity engaging a vehicle in any commercial activity need a commercial vehicle insurance. For instance, vehicles such as Taxi/Cab, Auto-Rickshaw, Commercial two-wheeler, Truck, Passenger Bus, School Bus, Tractor, Commercial Van, any Passenger Carrying vehicle, Goods Carrying vehicle, construction equipment, or any other heavy vehicle need a commercial vehicle insurance to legally ply on roads or any commercial site.
You require commercial vehicle insurance in India for the following reasons–
It provide financial aid in case your commercial vehicle is involved in an accident.
It is mandatory by law at least to have a Liability Only (i.e. third-party) policy for your commercial vehicle.
There are two types of commercial vehicle insurance policy available in India. These are -
Comprehensive commercial policy provides coverage against damages caused to and by your commercial vehicle, while third-party insurance policy provides protection to a third-person or property against the damages caused by your commercial vehicle to them. Let’s compare these two policies in more detail –
80% CUSTOMERS CHOOSE THIS |
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| Covers | Comprehensive | Third Party |
|---|---|---|
| Accident |  |
 |
| Theft | |
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| Fire | |
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| Natural Calamities | |
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| No Claim Bonus | |
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| Add-ons | |
|
| Customization of IDV | |
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| Personal accident | |
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| Third party property damage | |
|
| Injury to a third party person | |
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| Key Features | Benefits of IFFCO-Tokio |
|---|---|
| Customizable IDV | Available |
| Customizable Add-Ons | Available |
| NCB Benefits | Available |
| Cashless Claims | Available |
| Damages to Third-Party | Available |
| Personal Accident (PA) cover | Available |
| 24/7 claim support | Available |
| Own Damage Cover | Available in Comprehensive Policy |
| Online Renewal | Available |
Leave Your Worries Behind, Buy Commercial Vehicle Insurance Online!
Commercial Vehicle Insurance from IFFCO Tokio cover the following types of financial liabilities -
Theft
Accidents
Riots
Terrorist activity
Fire and Explosion
Earthquake
Natural Disasters like flood, storm, hurricane
Personal Accident Cover
Physical injury of third person
Damage to the Property
Death of the individual caused by insured vehicle
Leave Your Worries Behind, Buy Commercial Vehicle Insurance Online!
Standard exclusion under commercial vehicle insurance policy are-
Driving without a valid Driving Licence
Drunk Driving
General wear & tear of vehicle
Damages caused due to illegal driving like speed racing, crash testing etc.
Loss/damage due to war or war like situation or nuclear risk
Our customers have rated us
Based on 580 reviews
My claim through my Commercial Vehicle Insurance plan was settled very quickly by IFFCO-Tokio.
Happy to be associated with IFFCO Tokio.
Great policies.
Taxi insurance provides good coverage.
Happy to be a customer of IFFCO Tokio General Insurance.
The customer support team at IFFCO-Tokio is really great.
Leave Your Worries Behind, Buy Commercial Vehicle Insurance Online!
Intimate a claim
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Claim Settlement
After purchasing your commercial vehicle insurance plan, you have peace of mind about the safety of your vehicle.
Please note that, you can register a commercial vehicle insurance claim via following modes –
