Commercial Vehicles are part and parcel of many businesses. Whether you own a company with a single van or an entire fleet of commercial vehicles, commercial vehicle insurance is very useful. Here are some important features of Commercial Vehicle Insurance:

  • Bodily injury or death caused by the use of the vehicle is covered.
  • Any damage to the property caused by the use of the vehicle is covered.
  • Insurance policy can be issued immediately.
  • Lowest turnaround time in claim settlement.
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Be sure commercial vehicle insurance is an insurance policy which covers your commercial vehicle against different types of external damages, along with personal and third-party liabilities. It provides coverage for any legal liabilities following death, injury or property damage of third parties, arising out of your vehicle use.

Commercial vehicle insurance

Commercial vehicle insurance is necessary to keep your business running smoothly. Whether you own a small company with a single van or a company running an entire fleet of commercial vehicles, commercial vehicle insurance is both mandatory and useful.

Getting the right level of commercial vehicle insurance, such as bus insurance, taxi insurance or truck Insurance at a price that suits you is important, especially when you are using your vehicle regularly for business.

Be Sure Commercial vehicle insurance

With Be Sure commercial insurance policies, you get fully comprehensive commercial auto insurance which will not only cover you for third-party liability and property damage, but also for accidental damage or loss to the vehicle, as well as protecting you for bodily injury or death in the event of an accident

Be sure commercial vehicle insurance offers policies to a wide range of commercial vehicles, such as bus, taxi, tractor, cranes, and a range of goods and passenger carrying vehicles. You can insure your commercial vehicle through specialized commercial insurance policies such as commercial car insurance, bus insurance, taxi insurance, and truck insurance.

Our commercial vehicle insurance plans do not only provide insurance coverage for the commercial vehicle, but also cover third-party liability. In addition to this, the plan also covers any financial losses due to accidental damage or theft of your vehicle.

Commercial Vehicle Insurance

Commercial vehicle insurance by Be Sure covers your commercial vehicle against different types of external damages, along with personal and third-party liabilities. At the same time, it also provides cover for any legal liabilities following death, injury or property damage of third parties, arising out of the use of your commercial vehicle

But why is Commercial Auto Insurance needed?

Commercial auto insurance covers many situations, and provides insurance cover for automobiles that are not covered by a personal auto insurance policy. There may be certain vehicle types and usage of vehicles for business purpose that fall outside the ambit of a regular auto insurance policy. Therefore, Commercial auto insurance by Be Sure is a specific type of vehicle insurance cover that caters specifically to commercial vehicles, which are generally more at risk during use.

This difference in risk factor is the primary reason how vehicle insurance policies for commercial purposes differ from personal auto policies

Commercial vehicles insurance policies are customised to cover:

  • Specific business and its assets
  • The employees or drivers who have been hired to drive the vehicles
  • The high risk of operating certain commercial vehicles
  • Let us look at the deciding factors that determine whether to opt for a commercial auto insurance policy or a personal auto insurance policy:
  • Who owns and drives the vehicle: If the vehicle is owned by a business, most likely, the vehicle will be covered under a commercial auto insurance policy. If the insured is a sole proprietor who uses the vehicle for commercial uses, then too he would need a commercial auto insurance policy. Moreover, the coverage needed within the commercial policy also depends on how often the vehicle is used and what it is used for.
  • How the Vehicle is used: When an insured uses the vehicle for business purposes, he will need a commercial auto insurance policy.
  • The Type and Weight of the Vehicle: If the vehicle you drive is heavier than a normal size pickup or SUV. For example, if it is as big as a dump truck, tow truck, semi-truck or commercial trailer, you will definitely require a commercial auto insurance policy. This is because this type of heavy duty vehicles can cause more damage if they are involved in an accident. Therefore, they also need special insurance coverage at times.
  • Required Business Liability Limits: If your business vehicle requires higher liability limits, you will probably need a commercial auto insurance policy. In motor insurance business, commercial auto insurance policies offer higher liability limits than personal auto insurance policies.

So, What Exactly Does Commercial Auto Insurance Cover in India?

In India, commercial vehicles ply for all kinds of businesses. These days, whether a company owns a single van or an array of commercial vehicles, a commercial auto insurance policy is a must to hedge against unwanted risks and losses.