Passenger Carrying Vehicle Insurance : Complete Online Guide

As a business owner owning and running taxis, buses, autos or vans, protecting passengers and assets is essential. Passenger carrying vehicle insurance offers financial protection against risks like accidents and third-party liabilities. Whether you manage a fleet or a single school bus, having the right insurance is a legal necessity and a smart business move. This guide explains how to buy passenger carrying vehicle insurance online quickly and conveniently.

What is Passenger Carrying Vehicle Insurance?

Passenger carrying vehicle insurance is a specialised commercial vehicle insurance designed to provide financial protection for vehicles used to transport passengers, such as:

• Taxis and cabs
• Buses (school, tourist, and public transport)
• Auto-rickshaws and e-rickshaws
• Vans and minibuses

This type of insurance covers losses or damages due to accidents, theft, fire, natural disasters, and third-party liabilities. It also includes personal accident coverage for the owner-driver.

Types of Commercial Passenger Carrying Vehicles covered

Passenger carrying vehicle insurance policies cover a wide range of commercial vehicles, including:

1. Taxis and cabs (including ride-hailing vehicles)
2. Buses (school, tourist, and public transport)
3. Auto-rickshaws and e-rickshaws
4. Vans and minibuses are used for passenger transport

Whether you own a single vehicle or a large fleet, there are tailored insurance solutions available to meet your specific needs. Royal Sundaram Commercial Vehicle Insurance also offers quick online renewal and flexible coverage options for passenger vehicles.

Key Features of Passenger Vehicle Insurance

A comprehensive passenger carrying vehicle insurance policy typically includes the following key features:

• Own Damage Protection:Covers loss or damage to the insured vehicle due to accidents, fire, theft, and natural disasters.
• Third-Party Liability:Provides coverage for legal liabilities arising from injuries, death, or property damage caused to third parties.
• Personal Accident Cover:Offers compensation for the owner-driver in case of accidental death or disability.
• Add-On Covers:Allows you to customise your policy with valuable add-ons such as Zero Depreciation Cover, , Loss of Income Cover for Passenger Vehicles
• Legal Liability for Employees:Covers legal liabilities arising from injuries or death of paid drivers, cleaners, or other employees while on duty.

Inclusions & Exclusions of Passenger Carrying Vehicle Insurance

Inclusions:

• Accidental damage to the insured vehicle
• Third-party liabilities for injury, death, and property damage
• Personal accident cover for owner-driver
• Theft and fire damage
• Natural calamities like floods, earthquakes, and cyclones

Exclusions:

• Wear and tear, mechanical or electrical breakdowns
• Driving under the influence of alcohol or drugs
• Driving without a valid license
• Intentional damage or negligence
• Use of the vehicle outside the specified geographical limits

How to Buy Passenger Carrying Vehicle Insurance Online

Purchasing passenger carrying vehicle insurance online is a simple and convenient process:

1. Visit the website of your preferred insurance provider or aggregator.
2. Enter your vehicle and personal details, such as registration number, make and model, and owner information.
3. Select the desired coverage type (comprehensive or third-party) and add-ons.
4. Compare quotes from different insurers and choose the most suitable policy.
5. Make the payment securely online using net banking, credit/debit card, or UPI.
6. Receive your policy documents instantly via email.

Documents Required for Online Insurance Purchase

To purchase passenger carrying vehicle insurance online, keep the following documents handy:

• Vehicle Registration Certificate (RC)
• Previous insurance policy (for renewal)
• Driving license of the owner/driver
• Permit documents for commercial passenger vehicles
• Aadhaar card or any other valid ID proof

Tips to Choose the Best Insurance Policy Online

• Assess your specific insurance needs based on your vehicle type and usage.
• Compare policies from multiple insurers to find the best coverage at competitive rates.
• Check the insurer's claim settlement ratio and customer reviews.
• Opt for add-on covers that enhance your policy's protection.
• Read the policy terms and conditions carefully before making a purchase.

To buy or renew your passenger carrying vehicle insurance with Royal Sundaram, visit our website, enter your vehicle details, select the required coverage, and pay the premium online for immediate protection

Why Passenger Vehicle Insurance Is a Smart Investment

Passenger carrying vehicle insurance is vital for businesses that transport passengers. It safeguards against accident-related losses, third-party liabilities, and legal risks while ensuring compliance with regulations.

For reliable coverage, you can explore options like Royal Sundaram Commercial Vehicle Insurance, which offers flexible add-ons and instant online policy issuance for various passenger vehicles.