Commercial Vehicle Insurance
Insurance for taxis, trucks, buses, goods carriers, school buses & vans, keep your business moving
- Zero Dep Cover
- Engine Protect
- 24×7 RSA
- School Bus & Van Cover
- Paid Driver & Cleaner PA
- Free Consultation
- No Obligation
- IRDAI Authorised Advisor
- Instant Quote
About this plan
A Bajaj General Insurance Commercial Vehicle policy keeps your business on the road, covering third-party liability, own-damage from accidents, theft, fire and natural calamities, legal liability to paid drivers/cleaners, including school buses and vans. Choose Third-Party only for the legal minimum or a Comprehensive Package with add-ons like Zero Depreciation, Engine Protect and 24×7 Roadside Assistance.
Key benefits
Why customers in Hyderabad choose this plan.
Zero Depreciation Cover
Full claim payout with no depreciation deducted on plastic, rubber, glass and metal parts of your commercial vehicle.
Engine Protect & 24×7 RSA
Engine and gearbox protection against water ingress and oil leakage, plus round-the-clock roadside assistance for breakdowns and towing.
Driver & Cleaner PA
Mandatory ₹15 Lakh PA for owner-driver plus optional IMT-23 legal liability and PA cover for paid drivers, cleaners and conductors.
Cashless Repairs
Repair at 7,200+ authorised commercial vehicle garages across India with zero out-of-pocket payment.
Legal Liability Cover
Unlimited third-party bodily injury / death liability and property damage cover up to ₹7.5 Lakh, as mandated by the Motor Vehicles Act.
Quick Claim Turnaround
Dedicated commercial claims desk to minimise vehicle downtime, because every day off-road is lost revenue.
Types of Commercial Vehicle Insurance plans
Pick the structure that matches your usage, budget and legal requirements.
Third-Party Liability Only
The legally mandated cover under the Motor Vehicles Act, pays for injury, death and property damage caused to third parties by your commercial vehicle.
Best for: Older vehicles or owners meeting the statutory minimum requirement.
Comprehensive Package Policy
Combines Third-Party Liability with Own-Damage cover for accidents, theft, fire and calamities, plus optional add-ons.
Best for: Newer commercial vehicles and daily-use fleets that need full protection.
Goods Carrying Vehicle (GCV)
Tailored for trucks, tempos, pickups and logistics vehicles carrying commercial goods.
Best for: Transport operators, e-commerce logistics and courier fleets.
Passenger Carrying Vehicle (PCV)
Designed for taxis, cabs, auto-rickshaws, school buses, school vans, staff buses and tourist buses, covers legal liability to passengers.
Best for: App-based cab operators, school transport and tour operators.
Miscellaneous & Special Vehicles
Covers tractors, JCBs, cranes, dumpers, tippers and other construction / agricultural equipment used commercially.
Best for: Construction firms, agricultural contractors and equipment rental businesses.
Optional add-on covers
Enhance your comprehensive policy with add-ons that plug the gaps in a standard cover. Availability depends on vehicle age and policy variant.
Zero Depreciation Cover
Full claim payout with no depreciation deducted on plastic, rubber, glass and metal parts.
Engine Protector
Covers engine and gearbox damage from water ingress, oil leakage and hydrostatic lock, not included in a standard policy.
24×7 Roadside Assistance
Emergency help for breakdowns, flat tyres, towing, fuel delivery and on-spot minor repairs, critical for long-haul vehicles.
Consumables Cover
Reimburses cost of nuts, bolts, engine oil, coolant, brake oil and other consumables used during repair.
IMT-23, Legal Liability to Employees
Extends legal liability cover to paid drivers, cleaners and conductors under the Workmen's Compensation Act.
PA Cover for Paid Driver / Cleaner
Personal Accident cover for the paid driver, cleaner or conductor travelling in the vehicle.
Electrical & Non-Electrical Accessories
Covers fitted CNG/LPG kits, music systems, GPS trackers and other accessories not part of factory fitment.
Key features
- Third-party liability, bodily injury, death and property damage
- Own-damage cover for accidents, theft, fire and natural calamities
- ₹15 Lakh Personal Accident cover for owner-driver
- Optional PA and legal liability (IMT-23) for paid driver, cleaner, conductor
- Cashless repairs at authorised commercial garages
- Transfer of No Claim Bonus on renewal
- Online renewal in minutes with instant policy copy
What's covered
- Accidental damage to the commercial vehicle
- Theft, fire and explosion
- Natural calamities, floods, cyclones, earthquakes, landslides
- Man-made events, riots, strikes, vandalism, terrorism
- Third-party bodily injury, death and property damage
- Legal liability to paid driver, cleaner and conductor (IMT-23)
- Personal Accident cover for owner-driver
Common exclusions
- Use of vehicle outside the permitted purpose or permit conditions
- Driver without a valid commercial driving licence
- Driving under the influence of alcohol or drugs
- Contractual liability beyond the policy scope
- Normal wear, tear, depreciation and mechanical/electrical breakdown
- Use outside the geographical area declared in the policy
- Overloading beyond the RC-approved carrying capacity
Frequently asked questions
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