Own Damage
Covers accidental damage to insured commercial vehicles arising from covered accidents and insured events.
Commercial Vehicle & Fleet
Protect Your Vehicles. Keep Your Business Moving.
Keep your commercial vehicles protected against accidents, theft, damage and third-party liabilities with insurance solutions designed to support businesses that depend on mobility
Accident & Damage Protection
Theft & Total Loss Protection
Fleet Insurance Solutions
What Is Commercial Vehicle & Fleet?
Understanding Commercial Vehicle & Fleet
Commercial Vehicle & Fleet Insurance protects business vehicles against financial losses from accidents, theft, natural or man-made events and third-party liabilities, whether you run a single vehicle or a large fleet, safeguarding your vehicles, drivers and operations.
What Does It Cover?
- Own Damage Protection
- Third-Party Liability
- Theft Protection
- Natural Calamities
- Man-Made Events
Example:
If a delivery vehicle is involved in an accident while being used for business purposes, the policy can cover admissible repair costs under the applicable Own Damage section and provide protection against covered third-party liabilities.
Coverage Components
Comprehensive Protection for Your Commercial Fleet
Third-Party Liability
Provides protection against covered legal liabilities arising from third-party injury, death or property damage.
Theft & Total Loss
Provides financial protection against covered theft or total loss based on the applicable policy terms and Insured Declared Value.
Fleet Insurance
Designed to simplify insurance management for businesses with multiple commercial vehicles through structured fleet insurance solutions.
Personal Accident
Provides financial protection for covered accidental death or specified permanent disabilities, as applicable under the policy.
Roadside Assistance
24/7 emergency breakdown assistance, towing, and on-site support anywhere in India.
Legal Liability to Employees
Covers liability towards employed drivers, cleaners, and crew arising from vehicle-related injuries during the course of employment.
Telematics & Fleet Tracking
Usage-based insurance leveraging GPS and telematics data for premium optimisation and driver safety monitoring.
Advisory Support
Keep Your Business Moving With the Right Protection
Every fleet has different vehicles, routes and needs. Our specialists help you structure insurance around your business.
- 1.
Fleet Risk Assessment & Requirement Analysis
We understand your fleet composition, vehicle types, usage, geographical operations and risk profile to identify suitable coverage.
- 2.
Policy Structuring & Placement
Our specialists help evaluate coverage options, deductibles, IDVs and add-ons before placing the programme with suitable insurers.
- 3.
Fleet Documentation & Policy Administration
We support documentation and policy issuance while streamlining vehicle additions, deletions and other policy requirements.
- 4.
Dedicated Claims Assistance
In an accident, theft or covered loss, our team assists with claim intimation, documentation and insurer coordination.
- 5.
Renewal & Fleet Review
We review your fleet insurance at renewal to account for changes in your vehicles, operations and risk exposure.
Keep Your Fleet Moving.
Keep Your Business Protected.
Protect your commercial vehicles with an insurance programme designed around your business and fleet requirements.
Frequently Asked Questions
Answers to Common Insurance Queries
Fleet structure should consider vehicle type, usage, geography, driver profile, annual mileage, claims history, vehicle values and concentration of exposures.
Frequency, severity, loss trends and claims development can influence underwriting assessment, deductibles, pricing and the insurer's willingness to offer fleet capacity.
Equirus Raghnall analyses fleet composition, usage, location-wise exposure, claims experience and operational profile before negotiating terms with suitable insurers.
Detailed fleet and claims data is used to demonstrate risk characteristics, identify favourable structures and negotiate pricing, deductibles and coverage terms.
