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Bike, Car, Travel & Home Insurance Online - Royal Sundaram
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98.33%

Claims settled

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2 Crores+

Customers served

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10000+

Cashless garages

“Commercial Vehicle Insurance”

Royal Sundaram your one-stop destination for hassle-free commercial insurance

Why Commercial Vehicle Insurance

Taxi or cab insurance is essential for protecting your vehicle and business. Whether you're a taxi driver or own a cab, you need comprehensive coverage in case of accidents, theft, or natural disasters. At Royal Sundaram, we offer flexible and affordable options, allowing you to customize your coverage with useful add-ons. Our user-friendly website makes it easy to get the coverage you need quickly. Drive with confidence and get your taxi insurance from Royal Sundaram today for worry-free business operations and peace of mind. Don't wait, protect your taxi now.

Royal Pro-Tip 1: Bumper to Bumper Cover (Zero Depreciation Cover)
Zero depreciation cover is like a magic shield for your taxi! It ensures that even if your taxi  faces damages, you won't have to bear the brunt of depreciation costs, making it equivalent to a "bumper-to-bumper" protection plan!

What is included and excluded in Royal Sundaram's Commercial Vehicle insurance policy?

Accidents

Losses and damages that could occur as a result of an accident or collision

Fire

Covers accidental fire damages to you taxi

Theft

Covers stolen taxi losses.

Third party losses

When your taxi causes harm or damages to a person, vehicle, or property.

Natural disaster

Damage to you taxi due to natures fury - floods, cyclones, etc.

Personal accident

Provides coverage for your expenses in situations where you have sustained significant injuries.

Riding without valid license

Accidents that occur while driving without a valid license are not covered

Drunk riding

Damages resulting from driving under the influence of alcohol or drugs are not covered

Speed testing and racing

Damages caused due to speed testing or organized racing are not covered

Damage to your personal property

Damages to your personal property are not covered incase of third party taxi insurance.

Wear and tear

Usual wear and tear or maintenance is not covered.

Consequential loss

Losses due to indirect results of an accident are not covered.

Why do you need Commercial Vehicle Car Insurance in India?

“Commercial Vehicle Insurance”
Royal Pro-Tip 2: NCB - Your Reward for Being a Safe Road Star! 
NCB (No Claim Bonus) is your pat on the back from us for being a superstar driver! It's the ultimate treat that lowers your insurance premium as a big thank you for staying accident-free on the roads! Keep it up, and watch those savings roll in!

Steps to buy Royal Sundaram's Commercial Insurance?

“Commercial
                            Vehicle Insurance”
one

Step 1

Enter your information

Provide your information to receive a quote for Car Insurance.

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Step 2

Choose coverage and add-ons

Customize your insurance policy by choosing your preferred cover and add-ons.

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Step 3

Complete payment and relax

Make an online payment and receive your policy via email.

Key Features of Royal Sundarams Commercial Vehicle insurance?

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98.33% Claim settlement ratio

Strong track record of fulfilling commitments and delivering on promises with exceptional reliability and efficiency..

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Affordable premiums

Discover the best of both worlds with Royal Sundaram General Insurance - Affordable premiums that never compromise on coverage.

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Hassle-free claim process

Hassle-free and easy insurance claim experience designed to provide you with atmost convenience and efficiency

Trusted by 2 crore + happy customers

We Prioritize service and satisfaction and always try to give our best for all our customers.

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comma
Arun Mathew

I recently had an accident and had to make a claim with Royal Sundaram. The customer service team helped them through the process and processed the claim quickly. They were able to get their car repaired without any problems. The person appreciated the support during a difficult time and recommends Royal Sundaram for insurance coverage.

I recently had an accident and had to make a claim with Royal Sundaram. The customer service team helped them through the process and processed the claim quickly. They were able to get their car repaired without any problems. The person appreciated the support during a difficult time and recommends Royal Sundaram for insurance coverage.

comma
Samantha

I recently had an accident and had to make a claim with Royal Sundaram. The customer service team helped them through the process and processed the claim quickly. They were able to get their car repaired without any problems. The person appreciated the support during a difficult time and recommends Royal Sundaram for insurance coverage.

I recently had an accident and had to make a claim with Royal Sundaram. The customer service team helped them through the process and processed the claim quickly. They were able to get their car repaired without any problems. The person appreciated the support during a difficult time and recommends Royal Sundaram for insurance coverage.

comma
Arun Mathew

I recently had an accident and had to make a claim with Royal Sundaram. The customer service team helped them through the process and processed the claim quickly. They were able to get their car repaired without any problems. The person appreciated the support during a difficult time and recommends Royal Sundaram for insurance coverage.

I recently had an accident and had to make a claim with Royal Sundaram. The customer service team helped them through the process and processed the claim quickly. They were able to get their car repaired without any problems. The person appreciated the support during a difficult time and recommends Royal Sundaram for insurance coverage.

comma
Samantha

I recently had an accident and had to make a claim with Royal Sundaram. The customer service team helped them through the process and processed the claim quickly. They were able to get their car repaired without any problems. The person appreciated the support during a difficult time and recommends Royal Sundaram for insurance coverage.

I recently had an accident and had to make a claim with Royal Sundaram. The customer service team helped them through the process and processed the claim quickly. They were able to get their car repaired without any problems. The person appreciated the support during a difficult time and recommends Royal Sundaram for insurance coverage.

comma
Arun Mathew

I recently had an accident and had to make a claim with Royal Sundaram. The customer service team helped them through the process and processed the claim quickly. They were able to get their car repaired without any problems. The person appreciated the support during a difficult time and recommends Royal Sundaram for insurance coverage.

I recently had an accident and had to make a claim with Royal Sundaram. The customer service team helped them through the process and processed the claim quickly. They were able to get their car repaired without any problems. The person appreciated the support during a difficult time and recommends Royal Sundaram for insurance coverage.

comma
Samantha

I recently had an accident and had to make a claim with Royal Sundaram. The customer service team helped them through the process and processed the claim quickly. They were able to get their car repaired without any problems. The person appreciated the support during a difficult time and recommends Royal Sundaram for insurance coverage.

I recently had an accident and had to make a claim with Royal Sundaram. The customer service team helped them through the process and processed the claim quickly. They were able to get their car repaired without any problems. The person appreciated the support during a difficult time and recommends Royal Sundaram for insurance coverage.

rating

3.7/5

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4.4/5

A step-by-step guide to file a Commercial Vehicle insurance claim

Step 1

Intimate Claim

Call 1800 568 9999 or intimate claim online.

Step 2

Inspection

Inspection of your car to assess the damage.

Step 3

Claim Approved

We will approve your claim and keep you updated.

More questions Commercial Vehicle insurance We have answers

FAQs on Commercial Vehicle Insurance Policy

Taxi insurance is a specialized policy designed to protect taxi drivers and their vehicles. It's essential to have it for financial security and compliance with the law.

Yes, taxi insurance is mandatory for all commercial taxi owners and operators to comply with legal requirements.

A comprehensive package policy provides broader coverage, including protection against natural calamities, accidents, fires, theft, and more.

Yes, Royal Sundaram offers customization options, allowing you to tailor your coverage to your specific needs.

It reassures your customers/passengers that you prioritize their safety and responsibility.

Operating a taxi without insurance is illegal and can lead to severe penalties. You also risk financial losses in case of accidents or other incidents.

Yes, you can still get insurance for your taxi, but the coverage terms may vary based on your vehicle's history.

Our experts can help you determine the ideal Insured Declared Value (IDV) for your taxi based on its market value and other factors.

Add-ons are optional coverage enhancements that provide extra protection. They can be beneficial in specific situations, such as roadside assistance or personal accident coverage.

Yes, you can transfer your existing policy to Royal Sundaram, provided it meets our criteria.

You can login into your account to file a claim or Contact our claims department immediately, and we will guide you through the claims process. Claim Intimation : 1800 568 9999

Yes, there may be specific exclusions, such as intentional damage or driving under the influence. These will be outlined in your policy documents.

You can easily buy or renew your policy online through our user-friendly website, ensuring a quick and seamless experience.

Terms and Conditions

1. Declaration of Accuracy and Liability:

I/We, the proposer(s) or policyholder(s), hereby declare that the statements and particulars given in this Proposal form are complete, true, and accurate. I/We agree that Royal Sundaram Insurance Company will not be liable under the insurance contract if it is found that any of my/our statements or particulars or declarations in this proposal form or other documents are incorrect, misleading, or fraudulent in any respect, on any matter related to the grant of a cover or submission of a claim in the future.

2. Premium Payment:

I declare that the premium paid under this transaction to Royal Sundaram Insurance Company Limited is being paid by me as the proposer/policyholder through a bank account or a Credit/Debit Card or a Prepaid Payment Instrument or a UPI wallet (Wallet), held by me in my name as a primary holder (referred to as “source account”). I confirm that it is not a third-party payment made by any other person on my behalf. I understand that in the event of policy cancellation, the refund of premium as per policy terms and conditions may be credited back to such source account, and such electronic transfer will constitute full and final discharge of the Companys obligation.

3. No Claims Bonus (NCB) Declaration:

I/We declare that the rate of NCB claimed by me/us is correct and that no claim has arisen in the expiring policy period (copy of the policy enclosed). I/We further undertake that if this declaration is found incorrect, all benefits under the policy in respect of Section I of the Policy will stand forfeited.

4. Pollution Under Control (PUC) Certificate:

I hereby affirmatively warrant that the Assured named herein/owner of the vehicle insured holds a valid Pollution Under Control (PUC) Certificate on the date of commencement of the Policy, and the same has been shown to the agent/authorized person of the intermediary. I further undertake to renew and maintain a valid and effective PUC Certificate during the duration of the Policy period. If the PUC certificate is not found valid on the date of loss, I understand that the Company reserves the right to cancel the policy.

5. Break in Insurance and Vehicle Inspection:

I/We agree that in case of a Break in Insurance, the policy would be issued subject to acceptance of risk after evaluation of the Vehicle Inspection report. Own Damage cover (Section – I) would not commence unless the satisfactory Vehicle Inspection report has been received by us. If the Company does not receive the Vehicle Inspection report or the report is adverse, the Company, at its discretion, will cancel the Policy as per the Motor Tariff.

6. Notification of Changes:

I/We further declare that I/we will notify in writing any change in the details so furnished hereinabove occurring after the proposal has been submitted but before communication of the risk acceptance by the Company. This includes changes in occupation or general health of the insured individuals.

7. Authorization and Sharing of Information:

I/We authorize the Company to share information pertaining to my proposal, including medical records, for the sole purpose of proposal underwriting and/or claims settlement and with any Governmental and/or Regulatory authority.

8. Consent for Communication:

By submitting my contact number and email ID, I authorize Royal Sundaram Insurance Company Limited to call, send SMS, messages over internet-based messaging applications like WhatsApp, and email to offer me information and services for the product(s) I have opted for as well as other products/services offered by Royal Sundaram Insurance Company Limited. Please note that such authorization will be over and above any registration of the contact number on TRAIs NDNC registry.

9. Income Declaration:

This policy has been issued based on my declaration of Gross Annual Income, and the Base Sum Insured chosen is not more than 10 times of such Gross Annual Income. In the event the declaration is found to be incorrect/wrong and/or non-submission of income proof to justify this declaration, it may result in the inadmissibility of a claim and/or cancellation of the policy. I confirm that the Gross Annual Income of the family in this proposal is true and correct and undertake to submit relevant income proof(s) in the event of a claim in this regard.

10. Occupational Exclusions:

I confirm that the insured member(s) under this Policy do not work in Nuclear power plants, underground mines, explosives, hazardous material (e.g., fertilizers, asbestos fiber, toxic gases, toxic chemicals, pesticides, etc.). Furthermore, the insured member(s) do not work in underground mines, explosive magazines, or electrical installations with high tension supply, or are jockeys, circus personnel, engaged in racing on wheels or horseback, big game hunting, mountaineering, winter sports, skiing, ice hockey, river rafting, polo, or similar activities or occupations.

11. Declaration as Authorized Proposer:

I declare that all the information I have provided is true and accurate to the best of my knowledge, and I am authorized to propose on behalf of my family.

12. Underwriting Policy and Premium Payment:

I declare that the premium paid under this transaction to Royal Sundaram Insurance Company Limited is being paid by me as the proposer/policyholder through a bank account or a Credit/Debit Card or a Prepaid Payment Instrument or a UPI wallet (Wallet), held by me in my name as a primary holder (referred to as “source account”). I confirm that it is not a third-party payment made by any other person on my behalf. I understand that in the event of policy cancellation, the refund of premium as per policy terms and conditions may be credited back to such source account, and such electronic transfer will constitute full and final discharge of the Companys obligation.

13. Authorization for Medical Information:

I declare that I consent to the company seeking medical information from any doctor or hospital who/which at any time has attended on the person to be insured/proposer or from any past or present employer concerning anything that affects the physical or mental health of the person to be insured/proposer. I also authorize the company to seek information from any insurer to whom an application for insurance on the person to be insured/proposer has been made for the purpose of underwriting the proposal and/or claim settlement.

14. Information Sharing:

I hereby permit/authorize Royal Sundaram Insurance Company Limited to collect, store, communicate, and process information relating to the policy(ies) and all transactions related therewith, including the sharing and disclosing the public authorities of any confidential information as required by law. I also authorize Royal Sundaram Insurance Company Limited to send me information in relation to the Policy and Royal Sundaram Insurance products & services, irrespective of whether I am registered with the National Customer Preference Register (NCPR) (formerly the National Do Not Call Registry) or not.

15. Consent for Electronic Communication:

To protect the environment and save paper, I consent to Royal Sundaram contacting me by email or phone instead of in physical form and to share all documents, updates, and alerts electronically.

16. Liability Commencement:

The Company's liability does not begin until the full premium has been collected by the Company, and the acceptance of the proposal has been formally intimated to the insured.

17. General Exclusions:

The Company shall not be liable under this Policy in respect of any accidental loss or damage and/or liability caused, sustained, or incurred outside the geographical area; any claim arising out of any contractual liability; any accidental loss, damage, and/or liability caused, sustained, or incurred whilst the vehicle insured herein is being used otherwise than in accordance with the Limitations as to Use or being driven by or is for the purpose of being driven by him/her in the charge of any person other than a Driver as stated in the Drivers Clause; any accidental loss or damage to any property whatsoever or any loss or expense whatsoever resulting or arising therefrom or any consequential loss; any liability of whatsoever nature directly or indirectly caused by or contributed to by or arising from ionizing radiations or contamination by radioactivity from any nuclear fuel or from any nuclear waste from the combustion of nuclear fuel. For the purposes of this exception, combustion shall include any self-sustaining process of nuclear fission; any accidental loss damage or liability directly or indirectly caused by or contributed to by or arising from nuclear weapons material; any accidental loss or damage and/or liability directly or indirectly or proximately or remotely occasioned by or contributed to by or traceable to or arising out of or in connection with war, invasion, the act of foreign enemies, hostilities or warlike operations (whether before or after the declaration of war), civil war, mutiny rebellion, military or usurped power, or by any direct or indirect consequences of any of the said occurrences, and in the event of any claim hereunder, the Insured shall prove that the accidental loss, damage, and/or liability arose independently of and was in no way connected with or occasioned by or contributed to by or traceable to any of the said occurrences or any consequences thereof, and in default of such proof, the Company shall not be liable to make any payment in respect of such a claim.

18. Authorization as Proposer and Information Accuracy:

I/We hereby declare, on my behalf and on behalf of all persons proposed to be insured, that the above statements, answers, and/or particulars given by me are true, complete, and accurate to the best of my knowledge. I/We am/are authorized to propose on behalf of these other persons. I understand that the information provided by me will form the basis of the insurance policy and is subject to the Board-approved underwriting policy of the insurance company. The policy will come into force only after full receipt of the premium chargeable.

I/We undertake that the applicable loadings have been informed and understood by me. I further declare that I/We will notify in writing any change occurring in the occupation or general health of the life to be insured/proposer after the proposal has been submitted but before communication of the risk acceptance by the company.

I/We declare and consent to the company seeking medical information from any doctor or hospital who at any time has attended on the life to be insured/proposer or from any past or present employer concerning anything that affects the physical or mental health of the life to be assured/proposer. I also authorize the company to seek information from any insurance company to which an application for insurance on the life to be assured/proposer has been made for the purpose of underwriting the proposal and/or claim settlement.

Additionally, I/We authorize the company to share information pertaining to my proposal, including medical records, for the sole purpose of proposal underwriting and/or claims settlement, with any Governmental and/or Regulatory authority.

Please refer to the policy documents for complete details of exclusions, inclusions, and terms and conditions.

For any further information or clarification, please feel free to contact Royal Sundaram Insurance at the following contact details:

Royal Sundaram General Insurance Co. Limited

Corporate Office Address :

Vishranthi Melaram Towers, No.2/319 , Rajiv Gandhi Salai (OMR), Karapakkam , Chennai - 600097.

Telephone : 91-44-7117 7117

Fax : 044 – 7117 7140