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Consumable Cover Add-on in Commercial Vehicle Insurance

What’s Covered Under Consumable Cover Add-on for Commercial Vehicles?

Consumable Cover add-on offers the following coverages:

The add-on cover makes sure that the insurer compensates you for the costs of replacement/replenishing costs of consumables with new one in the event of partial loss to the insured vehicle/or it’s accessories arising out of any peril cover in the base policy section I – Own Damage.  

It must be mentioned here that consumables mean any substance of the insured vehicle which is not damaged in Accident and has a limited life or has been consumed completely/partially during their usage and is deemed unfit for reuse and need replacement. This includes engine oil, gear-box oil, coolant, bolts, screw nut, oil filter, rivets, etc.

What is not covered?

FAQs about Consumable Cover Add-on in Commercial Vehicle Insurance