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New India Assurance Commercial Vehicle Insurance
In India’s growing transport and logistics sector, protecting your commercial vehicle is more than just a legal requirement—it is a critical step to safeguard your business. New India Assurance Commercial Vehicle Insurance provides comprehensive coverage for all types of commercial vehicles, ensuring business continuity and financial security.
Commercial Vehicle Insurance Plans#1
Addons
- IMT 23Helps pay for repairing, replacing, or repainting damaged parts like lamps, tyres, tubes, mudguards, bonnet, side parts, bumper, and headlights after an accident.
- Zero DepreciationAlso called Bumper-to-Bumper or Nil Depreciation, this gets you the full price for replacing a damaged part (excluding tyres and batteries) without any decrease in value.
- Electrical AccessoriesCovers damage to additionally-fitted electrical accessories like fog lights, music system etc. 3 more
- Non-electrical AccessoriesOwner Driver PA CoverPaid Driver Cover
Claim Benefits
- 50% Advance PaymentInsurer offers up to 50% advance payment (excluding GST), for losses exceeding 1 Lac, on claims at any garage. Share the final bill after repair to claim GST amount.
- Spot Claims Upto Rs. 50,000Just upload photos or video of the damage & the insurer will transfer the estimated repair cost up to Rs. 50,000. Once your car is repaired, share the final bill with your insurer.
Plan Type
Comprehensive
Claims Settled
99.7%
₹ 6488
Addons
- IMT 23Helps pay for repairing, replacing, or repainting damaged parts like lamps, tyres, tubes, mudguards, bonnet, side parts, bumper, and headlights after an accident.
- Zero DepreciationAlso called Bumper-to-Bumper or Nil Depreciation, this gets you the full price for replacing a damaged part (excluding tyres and batteries) without any decrease in value.
- Electrical AccessoriesCovers damage to additionally-fitted electrical accessories like fog lights, music system etc. 3 more
- Non-electrical AccessoriesOwner Driver PA CoverPaid Driver Cover
Claim Benefits
- Spot Claims Upto Rs. 3,00,000Just upload photos or video of the damage & the insurer will transfer the estimated repair cost up to Rs. 3,00,000. Once your car is repaired, share the final bill with your insurer.
- 60% Advance PaymentInsurer offers up to 60% advance payment (excluding GST), for losses exceeding 3 Lac, on claims at any garage. Share the final bill after repair to claim GST amount.
Plan Type
Comprehensive
Claims Settled
95%
₹ 6501
Addons
- IMT 23Helps pay for repairing, replacing, or repainting damaged parts like lamps, tyres, tubes, mudguards, bonnet, side parts, bumper, and headlights after an accident.
- Zero DepreciationAlso called Bumper-to-Bumper or Nil Depreciation, this gets you the full price for replacing a damaged part (excluding tyres and batteries) without any decrease in value.
- Electrical AccessoriesCovers damage to additionally-fitted electrical accessories like fog lights, music system etc. 3 more
- Non-electrical AccessoriesOwner Driver PA CoverPaid Driver Cover
Plan Type
Comprehensive
Claims Settled
99%
₹ 6524
Addons
- IMT 23Helps pay for repairing, replacing, or repainting damaged parts like lamps, tyres, tubes, mudguards, bonnet, side parts, bumper, and headlights after an accident.
- Zero DepreciationAlso called Bumper-to-Bumper or Nil Depreciation, this gets you the full price for replacing a damaged part (excluding tyres and batteries) without any decrease in value.
- Electrical AccessoriesCovers damage to additionally-fitted electrical accessories like fog lights, music system etc. 3 more
- Non-electrical AccessoriesOwner Driver PA CoverPaid Driver Cover
Plan Type
Comprehensive
Claims Settled
95%
₹ 6545
Addons
- IMT 23Helps pay for repairing, replacing, or repainting damaged parts like lamps, tyres, tubes, mudguards, bonnet, side parts, bumper, and headlights after an accident.
- Zero DepreciationAlso called Bumper-to-Bumper or Nil Depreciation, this gets you the full price for replacing a damaged part (excluding tyres and batteries) without any decrease in value.
- Electrical AccessoriesCovers damage to additionally-fitted electrical accessories like fog lights, music system etc. 3 more
- Non-electrical AccessoriesOwner Driver PA CoverPaid Driver Cover
Plan Type
Comprehensive
Claims Settled
96%
₹ 6566
Addons
- IMT 23Helps pay for repairing, replacing, or repainting damaged parts like lamps, tyres, tubes, mudguards, bonnet, side parts, bumper, and headlights after an accident.
- Zero DepreciationAlso called Bumper-to-Bumper or Nil Depreciation, this gets you the full price for replacing a damaged part (excluding tyres and batteries) without any decrease in value.
- Electrical AccessoriesCovers damage to additionally-fitted electrical accessories like fog lights, music system etc. 3 more
- Non-electrical AccessoriesOwner Driver PA CoverPaid Driver Cover
Plan Type
Comprehensive
Claims Settled
98%
₹ 6573
Addons
- IMT 23Helps pay for repairing, replacing, or repainting damaged parts like lamps, tyres, tubes, mudguards, bonnet, side parts, bumper, and headlights after an accident.
- Zero DepreciationAlso called Bumper-to-Bumper or Nil Depreciation, this gets you the full price for replacing a damaged part (excluding tyres and batteries) without any decrease in value.
- Electrical AccessoriesCovers damage to additionally-fitted electrical accessories like fog lights, music system etc. 3 more
- Non-electrical AccessoriesOwner Driver PA CoverPaid Driver Cover
Claim Benefits
- 6-Month Repair Warranty6-month warranty on repairs at Reliance preferred garages.
- Free Pick-up & DropFree pick-up & drop for all repairs at Reliance preferred garages.
- Zero Paper ClaimsAll documents -- car invoice, claim form, RC, and driving license -- can be shared online for any claim amount.
#1 Rs 5773/- per annum is the price for third-party commercial vehicle insurance for Mahindara Alfa PAX DX registration year 2020. The list of insurers mentioned are arranged according to the alphabetical order of the names of insurers respectively. The comprehensive commercial vehicle insurance prices mentioned above are for a 5 year Mahindara Alfa PAX DX registration year 2020. These quotes are from mentioned from lowest to highest price. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. The list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in Read more
Plan Type
Third Party
Claims Settled
93%
₹ 5773
Plan Type
Third Party
Claims Settled
95%
₹ 5773
Plan Type
Third Party
Claims Settled
98%
₹ 5773
Plan Type
Third Party
Claims Settled
98%
₹ 5773
Plan Type
Third Party
Claims Settled
96%
₹ 5773
Plan Type
Third Party
Claims Settled
99%
₹ 5773
Plan Type
Third Party
Claims Settled
95%
₹ 5773
Plan Type
Third Party
Claims Settled
98%
₹ 5773
#1 Rs 5773/- per annum is the price for third-party commercial vehicle insurance for Mahindara Alfa PAX DX registration year 2020. The list of insurers mentioned are arranged according to the alphabetical order of the names of insurers respectively. The comprehensive commercial vehicle insurance prices mentioned above are for a 5 year Mahindara Alfa PAX DX registration year 2020. These quotes are from mentioned from lowest to highest price. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. The list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in Read more
What is New India Assurance Commercial Vehicle Insurance?
New India Assurance Commercial Vehicle Insurance is specifically designed for vehicles used for business purposes. This includes trucks, buses, vans, tempos, and three-wheelers. Unlike private vehicle insurance, commercial vehicle insurance accounts for higher liability limits, additional risks, and potential business losses.
Benefits include:
- Coverage for third-party liabilities
- Protection against own damage due to accidents, fire, or natural calamities
- Optional add-ons like bumper-to-bumper coverage, roadside assistance, and transit insurance
- Hassle-free claim settlement and strong customer support
Types of Commercial Vehicles Covered
New India Assurance provides insurance solutions for a wide range of vehicles:
- Trucks & Lorries – Small, medium, and heavy vehicles
- Buses – School buses, mini buses, and passenger buses
- Three-wheelers & Auto Rickshaws – Used for commercial purposes
- Cargo Vehicles & Delivery Vans – Protecting goods in transit
Whether you manage a single vehicle or a fleet, New India Assurance Commercial Vehicle Insurance offers flexible plans tailored to your needs.
Benefits of New India Assurance Commercial Vehicle Insurance
Choosing New India Assurance ensures:
- Comprehensive Coverage: Covers accidents, fire, theft, and natural disasters.
- Third-Party Liability: Mandatory by law, protects against claims by third parties.
- Online Policy & Renewal: Easy access through www.newindia.co.in and official web portals.
- Add-on Covers: Options like workmen compensation insurance, transit insurance, and bumper-to-bumper insurance.
- Fast Claim Settlement: Quick and hassle-free processing.
- Nationwide Support: Extensive network of offices for policy assistance and claims.
How to Renew New India Assurance Commercial Vehicle Insurance
Renewing your commercial vehicle insurance is simple and convenient:
- Online Renewal: Visit New India Assurance Online Portal to renew your policy, download e-policies, and manage add-on covers.
- Offline Renewal: Visit a nearby New India Assurance office or contact your insurance agent.
Pro Tip: Always renew before your policy expires to avoid penalties and ensure uninterrupted coverage.
Online Purchase & Policy Management
New India Assurance Commercial Vehicle Insurance Online makes life easier for busy business owners:
- Compare policies and choose the best coverage
- Download policy documents instantly
- Pay premiums securely online
- Access policy details, premium information, and renewal options anytime
This digital convenience ensures fleet operators can manage multiple vehicles efficiently.
Popular Add-ons and Optional Covers
New India Assurance provides various add-on covers to enhance protection:
- Bumper-to-Bumper Insurance – Complete coverage for vehicle parts
- Transit Insurance – Protection for goods in transit
- Workmen Compensation Policy – Covers drivers and staff on duty
- Zero Depreciation Cover – Full claim without depreciation deduction
- Roadside Assistance – Emergency support during breakdowns
Why Choose New India Assurance for Commercial Vehicles?
New India Assurance, one of India’s oldest and most trusted insurance companies, offers:
- Wide range of motor insurance, health insurance, term insurance, and commercial insurance plans
- Strong claim settlement record and reliable customer support
- Innovative policies for commercial vehicles, two-wheelers, and trucks
Their proven reliability ensures your vehicles and business operations stay protected.
Conclusion
Protecting your commercial vehicle is critical for business continuity. New India Assurance Commercial Vehicle Insurance ensures that your trucks, buses, and other commercial vehicles are covered against accidents, theft, and third-party liabilities.
With convenient online policy management, flexible coverage options, and a trusted network of offices, New India Assurance is a reliable partner for every business owner.
Secure your vehicle, protect your business, and drive with confidence with New India Assurance Commercial Vehicle Insurance.
What is comprehensive and third-party policy in terms of commercial vehicle?
In commercial vehicle insurance a third-party insurance covers any damage to a third party that is except your vehicle, and the driver. On the other hand, a comprehensive policy covers the insured vehicle itself (including damage or loss due to accidents, fire, theft, natural events, etc.) as well as third-party liabilities.
What is a passenger carrying vehicle?
A passenger carrying vehicle is a commercial vehicle which charges passengers for the privilege of driving them - often in the form of buses or coaches. Examples are buses, vans, taxis and the like.
What is meant by Goods carriage vehicle?
A goods vehicle is a commercial road vehicle used for transporting goods. These may include trucks, lorries, pick-up vans, tempos and so forth.
What is a miscellaneous and special vehicle type?
Vehicles, which can not be easily placed into the groups of "passenger taking" or "goods taking" vehicles are classified as miscellaneous and special vehicles. Considering a case of the same, such vehicles may comprise ambulances, cinema vans, special purpose vehicles (SPVs), construction site vehicles and/or similar types.
My commercial truck has been in an accident, what should I do?
If your commercial vehicle gets into an accident:
- Engine off (if safe) and make sure all persons are well guarded.
- Assess for injuries and call medical help if required.
- Photograph/videotape the accident scene: vehicle damage, road conditions, skid marks, etc.
- Inform the police (Log an FIR if necessary – in particular where there is injury to a third-party or damage to property).
- Contact your insurance company promptly (you may only have 24-72 hours to report) and go through their claim procedure.
- Have all relevant documents in place: Vehicle registration, policy papers, driving licence, FIR/incident report and photos.
How to get the mobile van repaired in case of damage for my commercial vehicle?
You can have the vehicle serviced at a workshop at any of your insurer’s authorised or network garages (which typically tie-up for cashless claims). If the car is not drivable, have it towed in accordance with your policy. It is a good idea to check with your auto insurer before you start major repairs, to prevent the denial of a claim.
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