Commercial Hero
Your vehicle is your business. Don't let downtime, RTO challans, or accidents stop your income. Get instant, heavy-duty insurance built for commercial owners.
What Are You Driving?
Goods Carrying
Trucks, LCVs, Tata Ace, Pickups, and delivery vans.
- Public Carriers
- Private Carriers
- Goods 3-Wheelers
Passenger Vehicles
Taxis, Ola/Uber cabs, School Buses, and Auto Rickshaws.
- Commercial Cabs (Yellow Plate)
- Staff & School Buses
- Auto Rickshaws (Passenger)
Misc. & Heavy
JCBs, Cranes, Excavators, Tractors, and construction vehicles.
- Earthmovers / JCBs
- Mobile Cranes
- Agricultural Tractors
Third Party Premium Rates
Fixed by IRDAI — same across all insurers. (w.e.f. 01 April 2022 · Incl. 18% GST)
Trucks & Goods Carriers — Rated by Gross Vehicle Weight (GVW)
| GVW | Annual TP (₹) |
|---|---|
| Up to 7,500 kg | ₹18,938 |
| 7,500 – 12,000 kg | ₹32,079 |
| 12,000 – 20,000 kg | ₹41,669 |
| 20,000 – 40,000 kg | ₹51,861 |
| Above 40,000 kg | ₹52,206 |
Built For The Business Owner
We know that a parked commercial vehicle burns money. Here is how we protect your income.
Minimize Downtime
Every day your truck is stuck in a garage, you lose income. We push for fast survey approvals and cashless settlements so your vehicle gets back on the road.
Instant Permit & RTO Ready
Need your Fitness Certificate (FC) renewed tomorrow? We issue valid policies instantly so your paperwork never gets held up at the RTO, preventing heavy challans.
Driver & Crew Protection
Your crew takes the risks. We ensure proper IMT 29 (Workman Compensation) is added to protect your paid drivers, cleaners, and conductors.
Unlimited TP Liability
Commercial vehicles cause heavy damage. The mandatory Third Party cover protects you from unlimited financial liability if your vehicle damages property or injures someone.
IMT Endorsements
Essential commercial clauses to extend your base policy.
Towing of Disabled Vehicles
Covers liability while towing another disabled vehicle — essential for breakdown service operators and transporters.
Bi-Fuel Vehicles (CNG / LPG)
Extends coverage to vehicles fitted with CNG or LPG kits — mandatory if your vehicle runs on dual fuel.
Electrical & Electronic Accessories
Covers non-standard fittings like GPS trackers and extra lighting not included in the standard policy.
Increased TP Property Damage
Increases the TP property damage liability beyond the standard ₹7.5 lakh — recommended for heavy vehicles.
Unnamed Passengers
Covers PA liability for unnamed passengers — important for staff transport vehicles.
Carriage of Inflammable Liquids
Mandatory for tankers and vehicles carrying petroleum, chemicals or other hazardous goods.
Frequently Asked Questions
Is commercial vehicle insurance different from private car insurance?
Yes. Commercial vehicle insurance is specifically designed for vehicles used for business purposes — goods transport, passenger transport, taxis, autos etc. The premium is higher than private car insurance due to increased risk, and the policy terms differ significantly.
What is GVW and why does it affect my premium?
GVW stands for Gross Vehicle Weight — the maximum total weight of the vehicle including load. Higher GVW means higher risk on roads, so IRDAI sets higher TP premiums for heavier vehicles. This is why a small tempo has a much lower premium than a 40-tonne truck.
Is insurance mandatory for getting a Fitness Certificate?
Yes. You absolutely cannot get or renew your commercial vehicle's Fitness Certificate (FC) or Route Permit at the RTO without a valid insurance policy. We provide instant policy issuance so your paperwork is never delayed.
What is the Geography Extension add-on?
Standard motor insurance covers vehicles only within India. The Geography Extension add-on extends coverage to neighbouring countries — Nepal, Bangladesh, Bhutan, Sri Lanka, Pakistan and Maldives. Essential for transporters operating cross-border routes.
What is the Overturning add-on for tractors and JCBs?
Standard commercial vehicle policies exclude damage caused by overturning. This add-on covers loss or damage from overturning — critical for tractors, JCBs, cranes and construction equipment on uneven terrain.
What are IMT endorsements?
IMT (India Motor Tariff) endorsements are standardised add-on clauses that extend or modify your base policy. Common ones include IMT 23 for towing, IMT 29 for bi-fuel vehicles, IMT 47 for increased TP property damage and IMT 34 for electrical accessories.
Can I insure my entire commercial fleet under one policy?
Yes. We offer fleet insurance solutions for businesses with multiple commercial vehicles. A single fleet policy simplifies management, renewal and claims. Contact us for a customised fleet quote.
Keep Your Business Moving
Stop paying challans. Start protecting your assets. Send us your RC book and get a commercial quote today.