Commercial Vehicle Insurance

Protect your business vehicles against accidents, damages, and third-party liabilities.

Essential for Every Business on Wheels

What is Commercial Vehicle Insurance and Why It’s Important

Commercial vehicle insurance provides coverage for vehicles used for business purposes — including trucks, cabs, vans, and delivery autos. It protects your fleet against accidents, theft, natural disasters, and third-party damages. Whether you own a single goods carrier or manage a large fleet, this policy ensures your operations are not disrupted due to unexpected events. Online plans now make it easy to compare, buy, and manage commercial vehicle insurance efficiently.

Fast, Convenient & Business-Friendly

Why Buy Commercial Vehicle Insurance Online?

Quick Policy Issuance

Get your vehicle covered in just a few minutes without visiting any office.

Easier Documentation

Submit RC, ID, and permit details online — no piles of paperwork.

Multiple Plan Comparison

Access plans from various insurers to find the best premium and features.

Secure Your Assets on the Road

Why Commercial Vehicle Insurance is a Must-Have

01

Mandatory by Law

It is compulsory for all business vehicles to have third-party liability insurance.

02

Financial Protection Against Accidents

Covers repair or replacement costs in case of road accidents or collisions.

03

Theft & Fire Coverage

Includes protection in case your vehicle is stolen or damaged due to fire.

04

Third-Party Liability Cover

Covers legal and financial liability if your vehicle causes injury or property damage.

05

Natural Disaster Protection

Protects your vehicle from damages due to floods, earthquakes, or storms.

06

Business Continuity

Policies Built for Business Use

Types of Commercial Vehicle Insurance Plans

Third-Party Only Policy

Mandatory cover for liabilities arising due to injury, death, or property damage to third parties.

Comprehensive Policy

Covers both third-party liabilities and own vehicle damages including fire, theft, or natural calamities.

Standalone Own Damage Policy

Available for vehicles already having third-party cover — protects your vehicle against own damage risks.

Streamlining Fleet Protection

Why Upsure is the Smarter Choice for Commercial Vehicle Insurance

Compare Multiple Quotes Instantly

Get premium estimates from trusted commercial vehicle insurers.

Tailored Solutions for All Vehicle Types

Find plans suited for trucks, autos, taxis, or school vans.

Fully Digital Experience

Buy or renew policies online without delays or manual follow-ups.

Transparent Pricing

No last-minute surprises — see what you’re paying for upfront.

Claims Support Across India

Assistance for registering and settling claims no matter where your vehicle operates.

Renewal Reminders & Alerts

Never miss a renewal date with automated updates from our platform.

Get Maximum Value from Every Policy

Why Comparing Commercial Vehicle Insurance is Smart for Business

Every vehicle serves a unique role in your business — your insurance should reflect that. Comparing ensures you find coverage tailored to your risk level and usage.

Reduce Premium Costs

Find optimal coverage at the best rates for your business size.

Better Add-On Options

Look for features like engine protection, towing charges, or accessories cover.

Choose Based on Usage

Pick policies that suit long-distance transport, local deliveries, or ride-sharing.

Evaluate Claims History & Settlement Speed

Go with insurers who are known for quick and fair claim resolutions.

No Delays. No Hassles.

How to Buy or Renew Commercial Vehicle Insurance

01

Fill in Vehicle & Owner Details

Enter registration number, vehicle type, and business use information.

02

Compare Quotes & Select Plan

Review available options and choose based on coverage and cost.

03

Make Payment & Download Policy

Pay securely and receive your e-policy via email instantly.

Basic Documents for Smooth Processing

Documents Required for Commercial Vehicle Insurance

Vehicle Registration Certificate (RC)

Confirms commercial use and registration details.

Valid ID & Address Proof

Aadhar card, PAN card, or voter ID of the owner.

Permit & Fitness Certificate

Applicable for transport vehicles to ensure compliance with transport laws.

Claim Support When You Need It Most

How to File a Commercial Vehicle Insurance Claim

1

Inform the Insurer Promptly

Notify the insurer or Upsure within 24 hours of the incident.

2

Submit Relevant Documents

Provide policy details, FIR (if needed), photos, and repair estimates.

3

Survey, Approval & Settlement

Insurer conducts a vehicle survey and settles the claim after verification.

Common Queries, Answered in Detail

Frequently Asked Questions

Yes, as per Indian Motor Vehicles Act, every commercial vehicle must have at least third-party liability insurance. It is illegal to drive a business-use vehicle without valid insurance. In addition, most fleet owners opt for comprehensive coverage to safeguard their assets.

All vehicles used for business purposes can be insured under commercial plans. These include goods carriers, passenger-carrying vehicles, school vans, taxis, auto-rickshaws, and construction vehicles. Each policy is tailored based on the vehicle’s purpose, load capacity, and usage.

Yes, fleet insurance is available for businesses with multiple vehicles. This allows you to manage all policies under one umbrella, often at discounted premiums. It’s ideal for logistics firms, transporters, or companies managing delivery vans and trucks.

Common exclusions include damage when driving without a valid license, under the influence of alcohol, regular wear and tear, mechanical breakdowns, or using the vehicle outside its permitted area of operation. Always read the policy document carefully to understand full exclusions.

The premium depends on several factors including vehicle type, age, city of registration, engine capacity, insured declared value (IDV), and the nature of use (goods or passengers). Add-ons, previous claim history, and voluntary deductibles also influence the final premium.

Popular add-ons include engine and gearbox protection, zero depreciation, roadside assistance, towing charges, and accessories cover. Depending on the vehicle and usage, these add-ons can provide significant value and enhance claim benefits during damage.

Yes, the insurance policy can be transferred to the new owner. This requires a formal application, proof of sale, and ownership transfer documentation. The insurer will update the records, and the remaining policy term will be valid under the new owner’s name.

Claim settlement timelines vary by insurer but usually take between 7 to 15 working days after all documents are submitted and the survey is complete. Upsure’s team helps expedite the process by coordinating directly with the insurance company on your behalf.

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Email: contactus@upsurebrokers.com Call: +91 90452 83235

Address: B-11, 2nd Floor, Sector 4, Noida UP - 201301

Upsure Insurance Brokers Pvt. Ltd., IRDAI Broker code - IRDAI / DB 958 / 2022, Valid Till date - 25 / 06 / 2026, Licence Number-899, CIN No.: U67200UP2022PTC164788, Principal officer name: Ankush Jain,
Contact No.: 91+ 90452 83235, Email ID: ankush.jain@upsurebrokers.com