COMMERCIAL TRUCK INSURANCE
A truck insurance is a type of commercial vehicle insurance policy customized to suit trucks that are used within business functions such as for trucks used for delivery purposes, pick-ups and, goods transportation, amongst others.
A truck insurance is vital for any business as it financially protects the respective commercial vehicle from any damages that can be caused due to accidents, collisions, natural calamities, fires, and thefts.
What's Covered Under Commercial Truck Insurance?
- ACCIDENTS Damages caused to the truck in case of an accident
- FIRE Damages caused to your truck due to a fire
- CALAMITIES Damages caused to your truck due to any natural calamity
- THIRD-PARTY LOSSES Any damages caused by your truck to a third-party person, vehicle or property
- THEFT Loss or damage to the truck due to theft
- PERSONAL ACCIDENT If there is an accident of your truck, leading to an injury or death of the driver
What's Not Covered ?
- ILLEGAL DRIVING If the owner-driver of the claimed for truck is drunk or driving without a valid licence.
- NON-ACCIDENTAL DAMAGE Any damage which is not a direct result of the accident (e.g. after an accident, if the damaged truck is being used incorrectly and the engine gets damaged, it will not be covered)
- Negligences Any damage caused due to a contributory negligence of the owner-driver (such as driving when there’s an existing flood)