Commercial Car (Taxi) Insurance

Between the honks and the unending hustle-and-bustle of the city, driving a taxi becomes a cumbersome task. You need to focus on the road, the steering wheels, and the special instructions of your customers. It becomes really difficult to get hold of everything without losing your cool and this leads to untoward situations and accidents. But, don't you worry We are here to help you in the hour of need. Get your taxi insured with Reliance Taxi Insurance and drive confidently in your future rides.

You should also keep in mind that your taxi is exposed to extreme wear and tear as it runs more than an average private car. As a result of which the statistical risk of an accident increases. Also, you must know that it is mandatory to have a valid taxi insurance policy if you drive or own one.

Here are a few reasons how our taxi insurance helps you save your time and money
In the present era, when you transact online, date online, stream videos online, why are you still buying insurance offline? Unlike traditional insurance policies, Reliance Taxi Insurance policy does things differently, which makes a significant difference for you

We have coverage for variety of situations
Online policy issuance without any paperwork
Our claim settlement process is simple and hassle-free
We reward you for safe driving
We offer end-to end online taxi insurance policy renewal

Important car insurance terms you should know
Information is the key to make the right decisions. To ensure that you make an informed purchase, we have explained the essential car insurance concepts

What is IDV?
The IDV (Insured Declared Value) is the current market value of the car which is calculated after deducting the depreciation amount. It is a crucial component of the car insurance policy as it determines the amount of compensation. In case of theft or total destruction of the car, the IDV is offered as "Sum Insured".

What is No Claim Bonus?
When you don't file a claim during your policy period, you will be eligible for a discount on your next premium which is referred to as a No-Claim Bonus. This discount will keep increasing progressively for each claim-free year until the car insurance premium is reduced up to 50%.



Not sure if you need car insurance? Numbers Don't Lie
The poor road conditions and a blatant disregard for traffic regulations make Indian roads one of the most dangerous in the world.



What does taxi insurance policy cover?
When you buy a taxi insurance policy, it is important for you to have the facts so you can make an informed decision. Having a knowledge of your coverage will help you avoid unanticipated expenses and provide you with maximum peace of mind. Have a look at the coverage offered with this policy

Loss or damage to your vehicle due to:

Riot, strike
Earthquake
Malicious act
Inundation cyclone, hailstorm, frost
Terrorist activity
Landslide rockslide
Accident (external means)
Fire explosion, self-ignition or lightning
Burglary, housebreaking, theft
Flood, typhoon, hurricane, storm, tempest

Third-party insurance, which protects you against losses that occur due to bodily injury or death to a third party or any damage to that persons property by use of your insured vehicle.

What does taxi insurance policy not cover?
As much as we would like to cover all possible risks, certain situations are just not possible. We like to maintain absolute transparency with our customers. So here's what we don't cover in this taxi insurance policy

Loss or damage due to war or nuclear risks

Deductible as stated in your policy

Loss or damage due to ionizing radiation

Vehicle driven by someone other than the driver, as stated in the 'Driver's Clause'.

Accidental loss, damage or liability occurring outside the defined geographical area for the vehicle

Vehicles being used other than in accordance with the limitations as to use. For example, if you use a private vehicle for commercial purposes.

Consequential loss - if the original damage causes subsequent damage loss, only the original damage will be covered.