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What is a Commercial Van insurance?
A commercial van insurance is a type of commercial vehicle insurance policy designed to cover for vans used for business purposes. Such as school vans, private vans and other vans used to transport passengers or goods from one place to another.
While a basic, third-party liability policy helps cover for third-party liabilities, as mandated by the law; a comprehensive van insurance policy helps cover for one’s own damages and losses as well.
Types of Commercial Vans Covered
- School Van: Vans owned and used by schools to transport students and teachers from one place to another, can be covered as part of our van insurance.
- Public Van: Vans used for the purpose of public transportation too can be covered.
- Private Van: Vans used for the purpose of carrying passengers or transporting business goods too can be covered for.
- Other Commercial Vans: All other vans used for commercial and operational purposes can be covered.
Why should I buy a Commercial Van Insurance?
- Comply with the Law: As per the Motor Vehicle Act, all vehicles including vans are required to at least have a third-party vehicle insurance in place. Without the same, you may be charged a hefty fine!
- Protection from Unforeseen Losses: While a third-party van insurance would only cover you legally, and for losses to a third-party, a comprehensive van insurance will also help cover from your van’s own damages and losses that could arise at any time.
- Covers for Van Owner-Driver: Whether you get a third-party van insurance or a comprehensive van insurance, your commercial van insurance will also cover for the van’s owner-driver in unfortunate circumstances.
- Passenger Protection: With a comprehensive van insurance, you can also opt to cover for any passengers that may be traveling in your van.
Why choose a Commercial Van Insurance by Digit?
What's covered in a Commercial Van Insurance?
What’s not covered?
It is equally important to know what’s not covered in your commercial van insurance policy so that there are no surprises when you make a claim. Here are some such situations:
If you’re only going for Third-Party Commercial van insurance for your van, then own damages and losses won’t be covered.
If during a claim, the driver-owner is found to be driving the commercial van without a valid driver’s license or under the influence of alcohol then the commercial van won’t be covered.
Any damages or losses caused to the commercial van due to contributory negligence won’t be covered for.
Consequential damages is any damages or losses that aren’t a direct result of an accident, natural calamity or fire can’t be covered for.
Key Features of Commercial Van Insurance by Digit
| Key Features | Digit Benefit |
|---|---|
| Claim Process | Paperless Claims |
| Customer Support | 24x7 Support |
| Additional Coverage | 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 Van Insurance Plans
Based on the type of your commercial van to be insured, we have primarily two plans to choose from.
| Liability Only | Standard Package |
Damages caused by your commercial van to any third-party person or property. |
|
Damages caused by your commercial van to a third-party vehicle |
|
Loss or damages to own commercial van due to natural calamities, fire, theft or accidents. |
|
Injury/death of commercial van owner-driverIf the owner-driver doesn’t already have a Personal Accident Cover from before |
|
| Get Quote | Get Quote |
How to claim?
Call us at 1800-258-5956 or drop us an email at hello@godigit.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.
FAQs about Commercial Van Insurance Online in India
Can I insure all my commercial vehicles, including my van in one policy?
No, you cannot. Every vehicle, including commercial vehicles are required to have one policy each for their vehicles. However, what you can do is a get a customized package to cover for all your vehicles, at a lesser cost. To learn more, get in touch with us via Whatsapp.
What kind of vans are covered under Digit’s Van Insurance Policy?
All types of vans used for commercial purposes (for schools, private tours, etc) can be covered under our commercial van insurance policy, such as the Maruti Eeco and Maruti Suzuki Omni among other vans and minibuses.
Are passengers also covered for in a van insurance?
Yes, if you decide to purchase a comprehensive commercial van insurance policy, you can then also opt for the passenger cover to protect your passengers as well.
What are the benefits of buying a van insurance online?
Thanks to technology, you can now buy a van insurance online. This comes with many benefits such as no paperwork, it is less time consuming since you need not meet an agent and it is comparatively cheaper too!
How much will it cost to insure one van with a commercial vehicle insurance policy?
This depends primarily on the type of van you want to insure, how old it is, which city it operates it in and the type of insurance plan you select. To check the potential van insurance premium for your van, enter your details here.