What is a Passenger Carrying Vehicle Insurance?
Why should I buy a Passenger Carrying Vehicle Insurance?
- Protection from Unforeseen Losses: Whether it is due to a natural calamity, accident, collision or even a fire; a passenger carrying vehicle insurance helps compensate for these uncertain losses, and thereby protects your business from being liable to them.
- Comply with the Law: As per the Motor Vehicle Act, it is compulsory for all vehicles including ones used for commercial purposes to be insured with at least a basic, third-party motor insurance to help protect one from losses and damages caused to any third-party; such as a person, property or vehicle.
- Covers for Owner-Driver: Insuring your commercial vehicle with a passenger carrying vehicle insurance does not only protect the vehicle but, also covers for the owner-driver.
- Passenger Protection: While buying a passenger vehicle, one can also opt to cover for their passengers; thus, being a responsible business that cares for not only oneself but for all its stakeholders involved.
What's covered in a Passenger Carrying Vehicle Insurance?
What’s not covered?
It is equally important to know what’s not covered in your passenger carrying vehicle insurance policy so that there are no surprises when you make a claim. Here are some such situations:
Key Features of Passenger Carrying Vehicle 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 Passenger Carrying Vehicle Insurance Plans
Based on your type of passenger carrying vehicle; i.e. bus, rickshaw, van, etc; we primarily have two plans to choose from.
Damages caused by your passenger carrying vehicle to any third-party person or property.
Damages caused by your passenger carrying vehicle to a third-party vehicle
Loss or damages to own passenger carrying vehicle due to natural calamities, fire, theft or accidents.
Injury/death of passenger carrying vehicle 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 firstname.lastname@example.org
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