Bus Insurance

Yes, of course! School buses are primarily used by schools or third-party organizations to transport kids from home to school and back. Therefore, it’s important that you at least get a bus insurance that won’t only protect your organization against unforeseen losses but, also covers for the children and teachers traveling in these buses on a daily basis.

Yes, of course! School buses are primarily used by schools or third-party organizations to transport kids from home to school and back. Therefore, it’s important that you at least get a bus insurance that won’t only protect your organization against unforeseen losses but, also covers for the children and teachers traveling in these buses on a daily basis.

To choose the right bus insurance online for your bus, it’s important to compare and evaluate the following factors: Right Insured Declared Value (IDV): IDV is nothing but the market value of your bus. Everything from your bus insurance premium to your claim payouts are dependent on this so ensure that you pick an insurer that gives you the right and true IDV for your bus. Service Benefits: Consider services such as 24x7 Customer Support and a wide network of cashless garages, among others. In times of need, these services really matter.  Review Add-Ons: Add-ons help extend the kind of coverage your bus will receive. For example, our additional endorsements include covers like personal accident cover, passenger cover, compulsory deductibles, electric accessories cover, et al.  Claim Speed: It’s the most important aspect of any insurance. Pick an insurance company you know will settle claims quickly. Best Value: After you’re done comparing all the above factors, compare bus insurance premiums and see which one gives you the best possible benefits at a good price.

To choose the right bus insurance online for your bus, it’s important to compare and evaluate the following factors:

• Right Insured Declared Value (IDV): IDV is nothing but the market value of your bus. Everything from your bus insurance premium to your claim payouts are dependent on this so ensure that you pick an insurer that gives you the right and true IDV for your bus.
• Service Benefits: Consider services such as 24x7 Customer Support and a wide network of cashless garages, among others. In times of need, these services really matter. 
• Review Add-Ons: Add-ons help extend the kind of coverage your bus will receive. For example, our additional endorsements include covers like personal accident cover, passenger cover, compulsory deductibles, electric accessories cover, et al. 
• Claim Speed: It’s the most important aspect of any insurance. Pick an insurance company you know will settle claims quickly.
• Best Value: After you’re done comparing all the above factors, compare bus insurance premiums and see which one gives you the best possible benefits at a good price.

There are various factors that will ultimately affect your bus insurance rates, such as: Model, Engine & Make of the Vehicle: There are different types of buses in the market. Each one of them comes with its own set of features and level of risks. Therefore, your bus insurance rates will largely be affected by the make and model of your bus. Location: Every city and town come with its own level of risks. Some are safer than the other, while some are more expensive than the other. Therefore, depending on the city you operate your bus in, your bus insurance rates will differ accordingly. No-Claim Bonus: If you’ve already had a bus insurance for your bus before and are currently looking to renew your policy or get a new insurer- then, in this case, your NCB (No Claim Bonus) will also be considered, and your bus insurance premium will come at a discounted rate! A No-Claim Bonus refers to the fact that the respective bus hasn’t had a single claim in the previous policy term. Type of Insurance Plan: Whether you want to go for a third-party liability insurance plan for your bus or comprehensive bus insurance; the bus insurance premium for the two will differ since the coverage benefits offered in each of these plans would be different. 

There are various factors that will ultimately affect your bus insurance rates, such as:

• Model, Engine & Make of the Vehicle: There are different types of buses in the market. Each one of them comes with its own set of features and level of risks. Therefore, your bus insurance rates will largely be affected by the make and model of your bus.
• Location: Every city and town come with its own level of risks. Some are safer than the other, while some are more expensive than the other. Therefore, depending on the city you operate your bus in, your bus insurance rates will differ accordingly.
• No-Claim Bonus: If you’ve already had a bus insurance for your bus before and are currently looking to renew your policy or get a new insurer- then, in this case, your NCB (No Claim Bonus) will also be considered, and your bus insurance premium will come at a discounted rate! A No-Claim Bonus refers to the fact that the respective bus hasn’t had a single claim in the previous policy term.
• Type of Insurance Plan: Whether you want to go for a third-party liability insurance plan for your bus or comprehensive bus insurance; the bus insurance premium for the two will differ since the coverage benefits offered in each of these plans would be different.