What is a Bus Insurance?
Why should I buy a Bus Insurance?
- Protection from Unforeseen Losses: Whether it’s due to damages to a third-party or your own bus, a bus insurance ensures you’re covered for it all, thus preventing business losses and avoiding any troubles that may come in the way of your daily logistical operations.
- Comply with the Law: As per the Motor Vehicle Act, it is mandatory for all vehicles, especially those used for commercial purposes to at least have a third-party commercial bus insurance policy to protect for any potential third-party damages and losses. Without one, you will be liable to pay a fine, when caught.
- Covers for Owner-Driver: A bus insurance not only covers for losses and damages to your vehicle or third-party vehicle, but also covers for any bodily injuries or the like for its owner-driver.
- Passenger Protection: As part of every commercial vehicle insurance, you can opt for an additional endorsement to cover for your passengers too, in case of any unfortunate situation such as an accident, fire or natural calamity.
What's covered in a Commercial Bus Insurance?
What’s not covered?
It is equally important to know what’s not covered in your commercial bus insurance policy so that there are no surprises when you make a claim. Here are some such situations:
Key Features of Commercial Bus Insurance by Digit
PA Cover, Legal Liability Cover, Special Exclusions and Compulsory Deductibles, etc
Damages to Third-Party
Unlimited Liability for Personal Damages, Up to 7.5 Lakhs for Property/Vehicle Damages
Types of Commercial Bus Insurance Plans
Based on the type of your bus or fleet of buses to be insured, we have primarily two plans to choose from.
Damages caused by your bus to any third-party person or property.
Damages caused by your bus to a third-party vehicle
Loss or damages to own bus due to natural calamities, fire, theft or accidents.
Injury/death of bus owner-driver
If the owner-driver doesn’t already have a Personal Accident Cover from before
How to claim?
Call us at 1800-258-5956 or drop us an email at email@example.com
Keep your details such as policy number, location of the accident, date & time of the accident, and contact number of the insured/caller handy to make our process easier.
How fast are Digit Insurance Claims Settled?
This is the first question that should come to your mind when switching your insurance company. Good you’re doing that!Read Digit’s Claims Report Card