, Feb. 11 -- India, Feb. 11 - Commercial vehicle insurance in India is a special policy meant to protect vehicles used for business purposes. It differs from personal car insurance as it covers commercial vehicles like trucks, buses, taxis, delivery vans, etc.
As India's logistics and transportation sectors are growing, it is important to have the right insurance policy for commercial vehicles to protect your business interests.
What is the Importance of Commercial Vehicle Insurance for Businesses?
In addition to compliance with legal requirements, Commercial Vehicle Insurance provides several other benefits, such as:
1. Legal Compliance: In India, third-party liability insurance is mandatory for any vehicle on public roads, as per the ...