Commercial Vehicle Insurance
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Return to Invoice Add-on Cover in Commercial Vehicles

What’s Covered under Return to Invoice Add-on Cover in Passenger-carrying Commercial Vehicle

When it comes to coverages, the Return to Invoice add-on cover offers the following:

The insurer will bear the cost of the new vehicle i.e., prevailing Ex – Showroom or the near make, model, features, and specification to the insured vehicle. In case the same make, model, variant is discontinued by the manufacturer then the liability will be limited to last available ex-showroom price.

The cost of any accessories (which are not part of the factory fitted accessories) specifically insured under Section 1 – Own Damage of the vehicle insurance policy will be borne by the insurance company.

What’s not covered

FAQs on Return to Invoice Add-on Cover in Passenger Carrying Commercial Vehicles