Owning a commercial vehicle is considered as an asset. The insurance company ensures that your asset never becomes a liability for you. Commercial Vehicle Insurance is designed to cover damage and loss caused to or by the vehicle respective to the owner or driver. Why should you opt a Commercial vehicle Insurance ? As per the Motor Act 1988, it is mandatory for every vehicle owner to insure their vehicle with third-party insurance. The insurance company helps to assist you financially and legally at the time of natural and man-made calamities like earth earthquake, flood, typhoon, hurricane, storm, tempest, cyclone, landslide, rockslide, fire, riots, burglary, theft, thunder lightning, accidental, malicious act, terrorist act etc. The insurance provides you peace of mind and also saves you from financial and legal hassles. There are two types of vehicle insurance: - Third-party Insurance- Third-party Insurance covers the dama...
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