As the name suggests, a goods carrying vehicle insurance is a type of commercial vehicle insurance, designed to protect commercial vehicles used for the purpose of transporting goods from one place to another. Given that these vehicles are comparatively prone to more risks, a goods carrying vehicle insurance can cover for losses and damages during uncertain circumstances such as accidents, collisions, thefts, natural calamities and fires. 

There are various types of goods carrying vehicles, basis the nature of different businesses in India. Some of the common examples of goods carrying vehicles includes:

Trucks

Trucks come in different shapes and sizes. From small trucks used to deliver daily essentials to larger trucks used to transport goods like furniture and appliances. All types of goods carrying trucks can be covered under a commercial insurance policy.

Tempos

Tempos are comparatively smaller than trucks, and often used for transportation and delivery of goods within the city. The same can be covered too, under a goods carrying vehicle insurance.

Three-Wheel Vehicles

Cargo autos or three-wheel vehicles are small goods carrying vehicles often used for delivery of goods within the city. Since they are smaller in size, they are prone to lesser risks as compared to trucks and trailers.

However, they can still be covered under a goods carrying vehicle insurance for maximum protection and minimal business losses.

Trailers

Trailers are large goods carrying vehicles; often used across the country for the transportation of heavy goods. Given the risk associated with them, it is almost mandatory to cover them with a goods carrying vehicle insurance. 

Tippers

Tippers are a type for heavy vehicle and goods carrying vehicle; often used to transport construction goods. The same can be covered under Digit’s commercial insurance policy, to protect it from potential risks. 

Call us at 1800-258-5956 or drop us an email at hello@godigit.com

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.

• Insuring your goods carrying vehicle can help you reduce your business risk and potential losses that could arise due to unforeseen circumstances such as accidents, natural calamities, collisions, fires and thefts.
• As per the Motor Vehicle Act, it is compulsory for all vehicles, including goods carrying vehicles to at least have a third-party commercial vehicle insurance in place. This helps cover for any potential third-party damages and losses.
• Heavy vehicles, such as heavy goods carrying vehicles are prone to a lot of risks; both due to the size of the vehicle and the commercial purpose of the same. A goods carrying vehicle insurance helps to stay covered against potential risks such as fires, accidents, natural calamities and thefts.