Check and Buy Right 3 Wheeler GCV Insurance Policy Online
Compare and Save upto 80% on
Commercial Vehicle Insurance
Contact Us
+91-95993 25774
support@policydigit.com
Get Free Quotation
What is 3 Wheeler GCV Insurance?
- This is a type of commercial vehicle insurance specifically designed for three-wheelers.
- It protects the vehicle owner from financial losses due to accidents, theft, natural disasters, and third-party liabilities.
What are the types of 3 wheeler insurance?
There are two main types of 3 wheeler insurance:
Third-party insurance: This is mandatory by law and covers damages caused to a third party due to an accident involving your 3-wheeler.
Comprehensive insurance: This covers damages to your 3-wheeler, in addition to third-party liabilities. It offers broader protection.
Cargo Insurance: If you use your 3-wheeler to transport goods, you might consider cargo insurance. This policy protects the goods being transported from losses due to theft, damage, or accidents.
Why should I buy 3 wheeler GCV insurance?
You should buy insurance because it is a Three-Wheeler’s Full Armor
here’s why:
- Protects Your Investment: Your 3-wheeler is a crucial asset for your business.
- Comprehensive Coverage: Comprehensive insurance covers damages from accidents, theft, fire, and natural disasters.
- Meets Legal Requirements: Third-party insurance is mandatory in most places. Driving without it can lead to hefty fines.
Why choose 3 wheeler GCV insurance from policy digit?
Policy Digit protects your precious cargo and drive worry-free with comprehensive three-wheeler loading insurance, offering swift claims and round-the-clock support.
What are the key features of 3 wheeler loading insurance?
3 wheeler loading insurance offers comprehensive coverage to safeguard against potential risks such as accidents, theft, and natural disasters. By understanding the key features and benefits of 3 wheeler loading insurance, you can make informed decisions to protect your investment and ensure the smooth operation of your business.
Here are some key features
Third-Party Liability Coverage
- Mandatory: This is a compulsory component of all motor vehicle insurance policies.
- Covers losses to others: It protects you against financial liabilities arising from accidents causing injury or death to third parties, or damage to their property.
Comprehensive Coverage
- Optional: This provides broader protection than third-party liability.
- Covers your vehicle: It covers damage to your 3 wheeler due to accidents, theft, fire, natural disasters, and other perils.
Add-ons:
- Optional add-ons like zero-depreciation cover, engine protection, personal accident cover, and roadside assistance can enhance your coverage.
Personal Accident Cover
- Optional: This covers the driver and passengers in case of accidental death or injury.
- Amount of coverage: The coverage amount can vary depending on the policy.
Roadside Assistance
- Optional: This provides assistance in case of breakdowns, flat tires, or other emergencies.
- Services: Services may include towing, fuel delivery, and tire repair.
No Claim Bonus (NCB)
- Reward for no claims: If you don’t file any claims during the policy period, you may receive a discount on your renewal premium.
- Cumulative: The NCB can increase over time, leading to significant savings.
Add-Ons
- Tailored coverage: Various add-ons can be purchased to customize your insurance coverage based on your specific needs.
- Examples: Zero-depreciation cover, engine protection, personal accident cover, accessories cover, and more.
Factors for choosing a 3 wheeler loading insurance policy
- Coverage options: Compare different policies to ensure they meet your specific requirements.
- Premium: Consider the cost of the policy and any discounts or offers available.
- Insurance company’s reputation: Look for a reputable insurance company with a good claim settlement ratio.
- Add-ons: Choose add-ons that are relevant to your usage and risk factors.
How to claim insurance from a policy digit?
What We Cover:
- Accidents: Collisions with other vehicles or objects, rollovers, and hit-and-run incidents.
- Theft: Partial or complete theft of your vehicle.
- Vandalism: Damage caused by vandalism or malicious acts.
- Fire & Explosion: Damage caused by fire, lightning, or explosion.
- Natural Disasters: Damage caused by floods, hail, storms, or other natural disasters (refer to your policy wording for specifics).
Fast and Hassle-Free Claims Process:
- Report the Incident: Always contact the police immediately to file a report in case of an accident or theft. This report is crucial for your claim.
- File Your Claim: We offer two convenient ways to file your claim
- Online: Submit your claim details and photos of the damage through our secure online portal (link to online claim form).
This is the fastest and easiest way to initiate your claim.
- Offline: Download the claim form (link to claim form) and submit it along with the required documents (listed below) to your nearest PolicyDigit partner branch office.
Required Documents:
- Completed and Signed Claim Form: Ensure all details are accurate and the form is signed by an authorized representative of your company.
- Registration Certificate (RC) photocopy: A clear copy of your vehicle’s Registration Certificate is mandatory.
- Driver’s License photocopy: Provide a photocopy of the valid driving license of the driver involved in the incident.
- Valid Fitness Certificate photocopy: A copy of your vehicle’s most recent fitness certificate is required.
- Police Report (FIR): In case of accidents involving third-party injury/death or property damage, a copy of the FIR is essential.
- Dedicated Claims Representative: Once you file your claim, a dedicated claims representative from PolicyDigit will contact you to discuss your claim details and guide you through the next steps. This includes arranging for repairs (if applicable) and ensuring a smooth claims settlement process.
FREQUENTLY ASKED QUESTIOINS
GVC (Goods Carrying Vehicle) insurance specifically covers the goods being transported in your 3-wheeler. It provides financial protection against losses or damages to the cargo during trans
GCV insurance for 3-wheelers typically includes basic coverage, named perils coverage, and comprehensive coverage.
You can renew your policy online, through your insurance agent, or by visiting the insurance company’s office.
Typically, you will need to provide your policy documents, proof of loss, invoices, and any relevant documentation.
The claim settlement time can vary depending on the complexity of the claim and the insurance company’s processes. However, most insurers strive to settle claims promptly.