Light Commercial Vehicle Insurance Price & Policy Renewal Online

What is Light Commercial Vehicle Insurance?

A Light commercial vehicle (LCV) insurance is a type of commercial vehicle insurance designed for lightweight vehicles used for transporting goods commercially

The types of vehicles that are covered under LCV insurance include mini trucks, pickups, minivans and other vehicles that fall under LCV category.

A light commercial vehicle insurance protects you and your vehicle in case of an accident, theft, natural calamity, liability to third parties, etc.

You need a Liability Only policy to legally comply with the law, which offers the most basic features. In case of Liability only polices any damage to the insured vehicle and property will not be covered. However, if you want enhanced protection, you can customise your insurance policy with the Standard Package and various add-ons available at Digit Insurance, and that too at affordable premiums online.

Note: Light Commercial Vehicle Insurance in Commercial Vehicles will covered under Digit Commercial Vehicle Package Policy - Goods Carrying Vehicle.

UIN number IRDAN158RP0001V01201819

You need to have a light commercial vehicle insurance policy due to the following reasons:

• In India, it is mandatory to have at least a Third-Party Liability Only commercial vehicle insurance policy for light goods vehicles. Failure to comply with which can lead to penalties.
• Getting insurance for your light commercial vehicle also provides liability coverage, meaning that it will cover any damage or loss to third-party due to your vehicle.
• Depending on the type and terms of policy bought, the policyholder is also paid compensation for bodily injury/death sustained by the owner/ driver of the vehicle.
• Light commercial vehicle insurance also covers the cost of repairs or replacement if your vehicle is damaged or stolen, thus protecting you from any financial risks.
• Commercial vehicles such as tempos are often used for carrying goods and online deliveries, making them more prone to accidents, damage or loss. So, protecting them with the Standard Package insurance policy will protect you in such situations.

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.