How is a commercial goods carrying vehicle insurance plan different from other commercial vehicle insurance plans?
A commercial goods carrying vehicle insurance plan is designed keeping in mind several factors that are specific to goods carrying vehicles. Since commercial vehicles are of various types and have different functions, the risk they carry also differ. That is why you may come across insurance plans structured for different kinds of commercial vehicles.
When you are buying a commercial goods carrying vehicle insurance plan, the insurer will ask you several questions regarding your business, the kind of goods being transported, the purpose of the same, and so on. This is done so that the insurer gets a more comprehensive understanding of how well they will be able to cover your vehicle.
FAQs
- How is a commercial goods carrying vehicle insurance plan different from other commercial vehicle insurance plans?
- How much will a commercial goods carrying vehicle insurance plan cost?
- Is there a way I can get an idea of what the premium could be before I begin the process of buying the plan?
- Are the goods present within the commercial vehicle insured under the plan as well?
- Is it mandatory to buy an insurance plan for commercial vehicles?