Having a solid truck insurance policy is not only a legal requirement for Indian commercial truck owners and managers, but it is also a wise financial precaution. With just a few clicks and no paperwork or delays, you can purchase truck insurance online in today’s digital world. Through a straightforward online process, companies such as Policy Digit make it incredibly easy to compare, select, and insure your truck.
Thank you for reading this post, don't forget to subscribe!Everything you need to know about truck insurance in India will be covered in this blog, including the price, benefits, and coverage options, as well as how Policy Digit streamlines claims.
In India, what is truck insurance?
In India, truck insurance is a kind of auto insurance intended especially for commercial trucks and vehicles used to transport goods. It provides defense against:
1.Collisions and damage from them
2.Fire or theft
3.Natural catastrophes such as earthquakes or floods
4.Third-party obligations
5.Financial and legal responsibilities as a result of your truck’s damage
According to Indian law, you must have a current commercial truck insurance policy, whether you drive a light commercial truck, a heavy vehicle, or a whole fleet.
Commercial Truck Insurance Types
1.Insurance for Third-Party Trucks
covers harm to a third party, including death, injury, or property damage. This is the bare minimum required by law.
2.All-inclusive Truck Insurance
Coverage includes both third-party coverage and personal damage protection against theft, fire, accidents, natural disasters, and other events.
3.Insurance Policy for Heavy Vehicles
Perfect for carriers with heavy-duty trucks (GVW over 12,000 kg). Legal claims, towing, breakdowns, and extended add-ons specifically designed for large vehicles are all covered by these heavy vehicle insurance plans.
What Does a Truck Insurance Policy Cover?
Purchasing a commercial truck insurance policy from Policy Digit usually includes the following coverages:
1.Vehicle damage due to an accident
2.Third-party liability
3.Natural disasters
4.Anthropogenic damages
5.Theft or complete loss
6.Assistance with breakdowns and towing (in premium plans)
7.Extras like tire cover, engine protection, and zero depreciation
Documents Needed to Purchase Truck Insurance Online:
1.Certificate of vehicle registration (RC)
2.Prior policy, if any
3.KYC records (Aadhaar, PAN)
4.A driver’s license
5.Registration of a business (if a fleet)
Truck Insurance Cost in India
The cost of truck insurance in India varies based on several factors:
Factor | Impact on Premium |
Vehicle type (light/heavy) | Heavy vehicles cost more to insure |
Age of the truck | Older trucks may have cheaper OD cover but a higher risk |
IDV (Insured Declared Value) | Higher IDV = higher premium |
Location of use | Metro cities attract higher premiums |
Add-ons selected | Optional, but increases total cost |
You can easily compare pricing on Policy Digit before finalizing the plan.
How to Use Policy Digit to Purchase Truck Insurance Online
The fully digital process of Policy Digit is one of its main benefits. This is how it operates:
1.Go to www.policydigit.com.
2.Navigate to the section on truck or commercial vehicle insurance.
3.Enter the truck’s type, registration number, and usage.
4.Select the preferred policy: comprehensive or third-party.
5.Include any unique extras, such as roadside assistance or an engine cover.
6.Pay online to receive your digital policy right away.
Quick Claims Procedure with PolicyDigit
Policy Digits’ quick and clear claims procedure is another noteworthy feature:
1.Use the dashboard to submit a claim online.
2.Upload digital documents and images.
3.Receive a claim inspection in a day.
4.Partner garages offer cashless repairs.
5.Payout of your claim straight into your bank account
Most claims are resolved more quickly than with traditional insurers because of their extensive network and digital-first strategy.
No documentation. No follow-ups from agents. Just an easy way to purchase truck insurance online.
Why Pick Policy Digit for Insurance on Commercial Trucks?
Transporters throughout India trust Policy Digit for the following reasons:
1.Compare several policies in one location.
2.Policies for heavy vehicle insurance can be customized.
3.Clear pricing with no additional fees
4.Quick settlements of claims
5.24/7 customer service
6.customized for both large fleets and individual trucks.
Concluding remarks
I believe that purchasing truck insurance online through sites like Policy Digit saves money, time, and effort. Their commercial truck insurance and heavy vehicle insurance policies are adaptable, dependable, and simple to handle, regardless of the size of your logistics company.
Therefore, it’s time to switch to a better method if you’re still phoning agents or having trouble with paperwork. Use Policy Digit to quickly, securely, and completely insure your truck online right now.
