Key Features of Commercial Vehicle Policy

Zone of Registration

The zone of commercial vehicle registration influences the premium. There are three zones and the premium is highest for vehicles registered in zone A.

Type of the Vehicle

The premium is less for 3 wheeler vehicles. For commercial vehicle with 4 wheeler or more the premium of the commercial vehicle insurance policy increases.

No Claim Bonus (NCB)

The premium can be reduced by accumulating NCB. Premium discount is also available for Membership of Automobile Association and installation of anti theft devices.

GVW of the Vehicle

The premium of commercial vehicle policy also depends on the GVW or Gross Vehicle Weight. The premium increases for vehicles with higher GVW.

LCC of the Vehicle

The LCC or Licensed Carrying Capacity also plays an instrumental role in determining the premium of a commercial vehicle insurance policy.

Cubic Capacity of the Vehicle

The premium of a commercial vehicle insurance policy rises when cubic capacity of the vehicle also increases.

If you own commercial vehicle, you should look to compare and buy commercial auto insurance policy online. If you already have one, you should compare commercial vehicle insurance when you have to renew commercial vehicle insurance policy online.

Regardless of whether you have commercial truck insurance or commercial van insurance, you should compare commercial vehicle insurance plans and to get the best one on your renewal. You should also compare commercial vehicle insurance companies to check their offers and see if your commercial vehicle insurance company offers the same benefits or not.

Finding the right commercial auto insurance or commercial truck insurance policies can be tricky. Quotes for commercial vehicle insurance do vary from one commercial vehicle insurance company to another. The quote difference of commercial truck insurance or commercial van insurance is something you need to consider when you compare and buy commercial vehicle insurance online policies.

It is imperative to compare commercial auto insurance premium quotes from multiple commercial vehicle insurance companies to find the best commercial auto insurance policy.

The following are the incidents that a commercial car insurance plan does cover.

  • A comprehensive commercial car insurance plan does cover damages to the insured vehicles due to natural calamities such as fire, lightning, explosion, flood, earthquake, storm and or man-made perils like terrorism, riot, strike and malicious act.
  • A commercial car insurance plan covers the cost of treatment due to injuries to the driver The personal accident cover can also be extended for an additional quote to other occupants in the insured car.
  • Third party liability cover of a commercial car insurance plan compensates for property damage and accidental physical injury and death of the third party.
  • In case of theft and total loss of the insured vehicle due to accidents, a commercial car insurance plan offers full compensation.

Not all types of damages and situations are covered by comprehensive commercial vehicle insurance policies online. A commercial vehicle insurance company imposes some exclusion when it comes to the coverage of a comprehensive commercial vehicle insurance policy online.

  • Wear and tear and mechanical and electrical breakdown of the commercial vehicle is not included in the coverage of commercial vehicle insurance online policies
  • A commercial vehicle insurance company doesn’t cover the loss if the commercial vehicle is used beyond the limitations.
  • If the commercial vehicle is used beyond the specified geographical area coverage of commercial vehicle insurance policies online is not available
  • A commercial vehicle insurance company offers coverage against only the original damage and not any consequential or subsequent loss
  • A commercial vehicle insurance policy online doesn’t offer coverage losses due to ionizing radiation, nuclear perils and war
  • A commercial vehicle insurance company doesn’t cover claims due to of contractual liability
  • You can hire experienced drivers to get the best commercial auto insurance premium quotes
  • You can choose sensible commercial vehicle to get the best commercial auto insurance premium quotes
  • If you install safety devices in your commercial vehicle, you can have minimized commercial auto insurance premium quote
  • You can compare commercial vehicle insurance to get reduced commercial auto insurance premium quote
  • At GIBL.IN, you can get best quotes of policies for bus, lorry from all companies in India. GIBL.IN offers the best quotes of each commercial vehicle insurance company. You can compare commercial vehicle insurance quotes effortlessly on GIBL.IN.
  • If you have goods carrying vehicle like lorry you can get hefty discount on OD quotes.
  • We process various types of commercial van insurance policies. You can compare commercial vehicle insurance price and buy commercial vehicle Insurance and renew commercial vehicle insurance policies. If your existing plan for bus or lorry gets expired you can also get a fresh plan.
  • When you compare commercial vehicle insurance in terms of price and features, you can choose among the best companies. Then, you can compare and buy commercial vehicle Insurance and renew commercial vehicle insurance plan online. We accept online payment through credit and debit cards and through online bank transfer.
  • You just have to send documents of your bus or lorry cover and we will submit your documents, coordinate with Commercial Vehicle Company and issue your commercial car insurance or commercial van insurance plan at the earliest.
  • If you want to switch your current provider of insurance cover, we will let you choose among other companies.
  • At GIBL.IN, you have to pay the same price or the quote will be less than buying from companies directly.
  • You can compare commercial vehicle insurance price and benefits on offer at several different companies at one place.
  • GIBL.IN offers neutral comparison facility without being biased to any specific company.
  • If you purchase insurance cover from GIBL.IN, you can also avail cashless claim assistance.
  • At GIBL.IN, you can get best quote from all companies in India. Best price of commercial insurance cover from all companies is available with us.
  • Insurance cover for all types of passenger carrying vehicles like auto, bus is available with us,
  • When you compare commercial vehicle insurance in terms of price and features, you can choose among the best companies. Then, you can compare and buy commercial vehicle Insurance and renew commercial vehicle insurance plan online. We accept online payment through credit and debit cards and through online bank transfer.
  • You just have to send documents of your bus or lorry cover and we will submit your documents, coordinate with the commercial vehicle company and issue your commercial car insurance or commercial van insurance plan at the earliest.
  • If you want to switch your current provider of insurance cover, we will let you choose among other companies.

We offer end-to-end service and ensure that you get your insurance cover right on time when you compare and buy or on your renewal. The plan we offer is the least expensive one as we offer the maximum possible discount. Visit GIBL.IN today and get the best plan to cover losses of your commercial vehicle such as bus or lorry.

Aggregate Rating Value on Commercial Vehicle Insurance is 4.7 out of 5 ( Total Rating Count: 1650 )