COMMERCIAL VEHICLE INSURANCE
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, truck & trailer insurance is very useful and compulsory. 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.
Some Important Features of Truck & Trailer Insurance
Protection from loss of or damage to the insured vehicle
Unlimited liability for bodily injury or death
caused by operation of the vehicle
Indemnity for third party property damage up to maximum
limit of Rs. 7.5 lakhs
Personal accident cover to the vehicle owner in case of an individual
and optional accident cover for paid driver and cleaner.
What do businesses look for in a Commercial Vehicle Insurance Policy?
Businesses look for competitive rates and good customer service when looking for any kind of insurance coverage. It is the same with a commercial vehicle insurance policy. When buying a commercial truck insurance policy, customers look for an intermediary that offers the best premium rates. Moreover, customers look for easy procedures for enrolment and renewal. They also want the intermediary to be capable of helping to settle the claims in the lowest possible turnaround time.
RK offers vehicle insurance package policies for various classes of vehicles like Goods Carrying Vehicles Private and Public Carrier, Trailers, Private motor vehicles, Passenger Carrying Vehicles, Miscellaneous and Special Types of vehicles – Mobile Rig, Shovels, Grabs, Tractor, Excavator etc.