Digit Commercial Vehicle Insurance

A Commercial Vehicle Insurance is a motor insurance policy which covers damages and losses that are caused to or by a commercial vehicle and also the owner/driver. This can include damages in cases like collisions, accidents, fires, and natural calamities. All businesses have to buy a commercial vehicle insurance for vehicles like cabs, auto-rickshaws, tractors, school buses, trucks, and commercial vans. 

Types of Commercial Vehicles Covered 

Passenger Carrying Vehicle Insurance 
  • The insurance is vehicles that carry one or more passengers (taxis, auto rickshaw, cabs, private buses, and school buses). 
  • Goods Carrying Vehicle Insurance 
  • These vehicles typically carry goods that need to be transported from one place to another (trucks, lorries, and tempos). 
  • Miscellaneous & Special Vehicles Insurance 
  • Other than cabs, trucks, buses and taxis, there many vehicles that are used for and by business. These include special vehicles for mining, construction, and farming. 
  • Features of Digit commercial vehicle insurance 

    Key Features  Digit Benefit 
    Claim Process  Paperless Claims 
    Customer Support  24x7 Support 
    Types of Commercial Vehicles Covered  Cabs and Taxis, Trucks, Lorries, Buses, Auto Rickshaws, School Vans, etc. 
    Premium  Customized as per type of commercial vehicle & number of vehicles to be insured 
    Additional Coverage  PA Covers, Legal Liability Cover, Special Exclusions and Compulsory Deductibles, etc 
    Damages to Third-Party  Unlimited Liability for Personal Damages, up to 7.5 Lakhs for Property/Vehicle Damages 

    Coverage of Digit Commercial Vehicle Insurance 

    • Accidents 
    • Theft 
    • Fire 
    • Natural Disasters 
    • Personal Accident 
    • Third Party Losses 
    • Towing Disabled Vehicles 

    Add-ons of Digit Commercial Vehicle Insurance 

    Consumable Cover 

    This gives your commercial vehicle protection like cost for your vehicle's screws, nuts and bolts, engine oil, and grease in case of an accident. 

    Parts Depreciation Protect 

    Your vehicle and parts can depreciate over time. The add-on ensures that the depreciation will be covered on replaced vehicle parts.  

    Engine and Gear Box Protect 

    The vehicle's engine or gearbox can get damaged in an accident. The add-on helps you to cover consequential damages caused after the accident (but because of it).  

    Additional Towing Expenses 

    When your vehicle is in an accident, it has to be towed. Under the add-on feature, the policy covers additional expenses that you would have.  

    EMI Protection Cover 

    If your vehicle has been taken on a loan and is damaged, it could mean a loss for your business. Through the add-on, you will be paid the EMIs payable to the financier of the vehicle.  

    Legal Liability 

    This cover will protect you against any legal liability that could come against you due to an injury caused.  

    IMT 23 

    The cover helps cover for damages and losses to tyres, lamps, mudguards, tubes, side part bonnet, headlights, paintwork, and bumpers.  

    Electrical Accessories 

    The cover is for you if you have any electrical accessory in your vehicle, which is not a part of the manufacturer’s model.  

    Non-Electrical Accessories 

    If you have fitted any non-electrical accessory in your vehicle and this is not a part of the manufacturer’s model, the cover helps cover for these accessories.  

    What is not Included  

    Own Damages for Third-Party Policy holder 

    If there is a third-party or liability only bike policy, the damages to own vehicle will not be covered. 

    Drunk Riding or without a Licence and Add-ons not Bought 

    Your bike insurance claim will not be accepted if you were intoxicated while driving. 

    Consequential Damages and Contributory Negligence 

    All damages that are not a direct result of the accident. For example, after an accident, if the two-wheeler was used incorrectly and the engine is damaged.  

    A contributory negligence includes damage like driving a two-wheeler in a flood.  

    Types of Commercial Vehicle Insurance Policies 

    Liability Only  Standard Package 
    Damages caused by your commercial vehicle to any third-party person or property  Yes  Yes 
    Damages caused to any third-party person or property by the vehicle being towed by your insured commercial vehicle  Yes  Yes 
    Loss or damages to own commercial vehicle due to natural calamities, fire, theft or accidents  No  Yes 
    Injury/death of owner-driver  Yes  Yes 


    1. What is the meaning of a goods carrying vehicle?

      A goods carrying vehicle is a commercial vehicle that is used for transporting goods from one place to another (trucks and lorries).

    2. Where do I get my commercial vehicle repaired?

      Digit has many partner garages across India. You can get your commercial vehicle at any of these garages or a garage of your choice.

    3. What do I do when my commercial vehicle is a part of an accident?

      If your commercial vehicle is an accident, you can call Digit at 1800-103-4448.

    4. What is a miscellaneous and special category?

      Any vehicle that does not fall into the category of passenger carrying vehicles or goods carrying vehicles come under the special or miscellaneous vehicle category.

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