Your vehicle is filled with passengers. As the driver, it's your responsibility to get everyone to their destination safely, no matter what happens on the road. However, the journey can be unpredictable—there may be accidents, bad weather, or even mechanical problems that could arise.

This is where passenger-carrying vehicle insurance becomes your safety solution. It is more than just a financial backup; it gives you confidence, and reassurance knowing that every journey is secure. This insurance covers not only your vehicle but also the safety of your passengers.

With this coverage, you can focus on the road ahead, knowing that you are always prepared for the unexpected.

Passenger Carrying Vehicles in India

1. Auto Rickshaws

2. Buses

3. Three/Four Wheeler Tempo

4. Taxis and Cabs

Types of passenger-carrying vehicle insurance

• Third-party insurance policy

• Comprehensive insurance policy

Third-Party Insurance Policy

This is the most basic and mandatory type of insurance for passenger-carrying vehicles in India. It covers:

• Third-Party Liability: It protects you if your vehicle causes injury, death, or property damage to a third party (someone else involved in the accident).

• Legal Requirements: This type of insurance is required by law for all vehicles to be driven on public roads in India.

However, it does not cover damage to your own vehicle or injuries to the driver and passengers.

Comprehensive Insurance Policy

A more extensive type of insurance that offers broader coverage, including:

• Own Damage: This covers repairs or replacement costs if your vehicle is damaged due to accidents, fire, theft, or natural disasters.

• Third-Party Liability: Includes coverage for third-party injuries, death, or property damage.

• Additional Coverage: It may include add-ons like personal accident cover, roadside assistance, or protection against theft and vandalism.

This type of policy provides complete protection for both your vehicle and third-party risks, making it more expensive than third-party insurance but offering more security.

What's Covered and What's Not?

What's Covered:

• Accidents and Collisions: Damage to your vehicle and third-party property in accidents.

• Injury to Passengers: Medical costs for injured passengers.

• Theft: Loss or damage if the vehicle is stolen or damaged.

• Fire Damage: Repair or replacement if the vehicle is damaged by fire.

• Natural Disasters: Damage caused by floods, earthquakes, storms, etc.

• Personal Belongings: Loss or damage to items inside the vehicle.

• Third-Party Liability: Legal costs if your vehicle causes harm to others or their property.

• Personal Accident Coverage: Injury or death of the driver and passengers in an accident.

What's Not Covered:

• Driver's Negligence: Damage from reckless driving or breaking traffic rules.

• Routine Wear and Tear: Damage from regular use or poor maintenance.

• Intentional Damage: Damage caused on purpose by the driver or passengers.

• Non-Accidental Incidents: Damage due to lack of maintenance or defects.

• Driving Outside the Area: Coverage doesn't apply if you drive outside the specified region.

Why Buy from Policy.Online?

Buying passenger-carrying vehicle insurance from Policy.Online offers several advantages:

Wide Range of Options: It offers a variety of insurance policies, so you can choose the one that suits your needs, whether it's third-party or comprehensive coverage.

Easy Comparison: You can compare different insurance plans from top insurers quickly, helping you find the best coverage at the most competitive prices.

Convenience: The entire process of purchasing insurance is online, making it fast, simple, and hassle-free.

Secure Transactions: Guarantees safe transactions, so you can buy your insurance with confidence.

Customer Support: 24/7 customer support to assist you with any queries or claims-related issues, ensuring a smooth experience.

Tailored Solutions: You can find policies that are customized to your specific requirements, such as coverage for different types of vehicles or additional benefits.

Trusted Partners: It works with top insurance providers, ensuring reliability and trustworthiness.
This makes Policy.Online is a one-stop solution for purchasing passenger-carrying vehicle insurance with ease and confidence.

Comprehensive Insurance vs. Third-Party Insurance

Benefits of Comprehensive Insurance Over Third-Party Insurance:

1. More Coverage: Comprehensive insurance covers both your vehicle and third-party damages, while third-party insurance only covers third-party damages.

2. Own Vehicle Damage: It covers damage to your own vehicle, including accidents, fire, theft, or natural disasters, unlike third-party insurance.

3. Personal Injury Protection: Comprehensive insurance covers injuries to the driver and passengers, whereas third-party insurance only covers third-party injuries.

4. Add-ons: You can add extra protection like zero depreciation, roadside assistance, or engine protection with comprehensive insurance.

5. Protection Against Theft: Covers theft or vandalism, while third-party insurance does not.

6. Natural Disasters: It protects against damage caused by floods, storms, or earthquakes, which third-party insurance doesn't cover.

7. Legal Costs: It can help cover legal fees in case of an accident, unlike third-party insurance.

8. Better Value: While it costs more, comprehensive insurance provides more value by covering a wider range of risks.

Conclusion

Passenger-carrying vehicle insurance offers essential coverage for your vehicle, passengers, and third-party liabilities. It ensures you're prepared for accidents, theft, and damage. Choose the right plan for a safe and secure journey.