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United India Commercial Vehicle Insurance
United India commercial vehicle insurance covers damages incurred by business-owned vehicles, such as buses, school vans, trucks, tippers, e-rickshaws, cabs, taxis, and more. It protects vehicle owners against losses caused due to third-party liabilities, accidents, collisions, theft, fire, man-made and natural disasters, etc. Having at least a third-party commercial vehicle insurance is also a legal mandate as per the Indian Motor Vehicle Act.
About United India Insurance Company Limited
The United India Insurance Company Limited was incorporated in 1938. For decades, the company has been providing insurance services to its customers. With over 86 years of experience, 9000+ employees in across 1537 offices, they have been providing several insurance products, covering motor, health, and marine covers, among others.
Key Features of United India Commercial Vehicle Insurance
| Features | Coverage/Benefit |
| Own Damage | Yes (with Package Policy) |
| Third-Party Liabilities | Yes |
| Personal Accident (PA) Cover | Mandatory (up to ₹15 lakh) |
Benefits of United India Commercial Vehicle Insurance
United India commercial vehicle insurance offers the following benefits:
- Offers optional add-on covers with comprehensive commercial vehicle insurance for enhanced coverage.
- 600+ network garages for faster motor claim settlements
- Quick customer support regarding motor insurance queries
Types of United India Commercial Vehicle Insurance
United India Insurance Company Limited offers the following two types of commercial vehicle insurance policies in India:
- Third-Party Commercial Vehicle Insurance: This type of insurance is also known as a liability-only policy. A third-party commercial vehicle insurance only offers protection against third party liabilities, such as person or property damage. It covers all legal liabilities and is also a mandatory insurance policy as per the Indian Motor Vehicle Act. It does not offer any coverage for damages caused to the insured vehicle.
- Comprehensive Commercial Vehicle Insurance: A comprehensive commercial vehicle insurance offers protection against third-party liabilities as well as damages caused to the insured vehicle. Policyholders can also include optional add-on covers to increase the coverage of a standard comprehensive insurance.
Coverage Under the United India Commercial Vehicle Insurance
- Third-party person or property damage
- Losses caused by fire, explosion, self-ignition, or lightning
- Any damage caused by burglary, housebreaking, or theft
- Damages caused due to riots and strikes
- Losses incurred due to natural calamities
- Damages caused by man-made disasters
- All damages caused by accidents and collisions
- Personal Accident Cover for owner-driver
- Damages caused due to any contractual liability
- Any damage or loss arising if the driver is intoxicated
- Damages incurred outside the geographical area mentioned in the policy wording
- Any damage incurred if the commercial vehicle is used for any other purpose instead of the one mentioned in the policy.
- Loss or damage because of wear and tear or depreciation
- Any consequential losses
- Any loss due to electrical and mechanical breakdown
United India Commercial Vehicle Insurance Add-Ons
The company also offers the following add-ons to increase the coverage of a standard commercial vehicle insurance at an additional premium:
- Zero Dep Add-On: This add-on ensures that commercial vehicle insurance companies do not deduct depreciation from the repaired or replaced parts as per the age of the vehicle. The insurer will cover 100% costs except for tyres, tubes and battery costs that are covered at 50%.
- IMT 23: The add-on helps policyholders to protect uninsured parts, such as tyres, tubes, lamps, bonnet, mudguards, bonnet, side parts bumpers, headlights and paintwork of damaged portions. It covers damages caused to these parts, after deducting the depreciation costs.
- Accessories Cover: This add-on offers coverage against additionally-fitted electrical and non-electrical accessories, such as fog lamps, music system, monitors, seat covers, etc., which are not a part of the manufacturer's initial selling point.
How to Buy United India Commercial Vehicle Insurance?
Here are the steps to buy United India commercial vehicle insurance online from Policybazaar.com:
- Step 1: Visit the homepage of Policybazar Insurance Brokers Private Limited
- Step 2: Click on 'commercial vehicle insurance'
- Step 3: Enter the required details of the commercial vehicle and submit the form
- Step 4: Select the NCB (for renewals), IDV (10% less than the previous year IDV), and any add-ons, if required.
- Step 5: Select the United India commercial vehicle insurance out of the plans displayed.
- Step 6: Pay the premium and the policy will be mailed on the registered e-mail address.
How to File a United India Commercial Vehicle Insurance Claim?
Policyholders must follow the steps mentioned below to file a United India Commercial Vehicle Insurance claim:
Intimate the Insurance Provider
Inform the insurer about the mishap within the specific deadline to start the filing process.
Survey Assessment
The insurer will send a surveyor for damage assessment.
File an FIR
Lodge a police report in case of any third-party liabilities.
Gather the Documents
Submit all the required documents and file the claim.
Document Verification
The insurer will verify all the documents and send the damaged commercial vehicle for repairs.
Claim Settlement
The claim will be settled after due approvals and once the commercial vehicle is repaired.
Documents Required for United India Commercial Vehicle Insurance Claim
Policyholders must submit the following documents while filing United India commercial vehicle insurance claim:
- Registration Certificate (RC)
- Driving License
- Filled and Signed Claim Form
- National and State Permits
- Challans
- Receipts
- Invoice and estimate
- FIR (if applicable)
United India Commercial Vehicle Insurance FAQs
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Q1. How to download my United India Commercial Vehicle Insurance?
Ans: United india commercial vehicle insurance policy download can be done from the official website of United India Insurance Company Limited. You can also download it from policybazaar.com if you purchased it from the website. -
Q2. What is United India commercial vehicle insurance customer care number?
Ans: Policyholders can connect with United India Insurance Company Limited customer care using the customer grievance options mentioned on their official website. -
Q3. What are the modes to pay the premium of my United India Commercial Vehicle Insurance policy?
Ans: You can pay the United India commercial vehicle insurance premium online through netbanking, UPI, cards, etc, or offline by visiting the nearest branch.
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Q4. What is the tenure of the United India Commercial Vehicle Insurance policy?
Ans: The standard tenure of a vehicle insurance policy offered by United India Insurance Company is one year.
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