Bharat Benz Insurance

Bharat Benz Models Insurance Price

*Disclaimer: The third-party insurance premium mentioned above is as per the IRDAI and depends on the GVW/Gross Vehicle Weight. The premium may vary if you purchase a comprehensive policy and/or add-ons.

Reasons to Buy Bharat Benz Insurance Policy

Here are the reasons to buy Bharat Benz Insurance policy:

• As per the Motor Vehicle Act, 1988, it is mandatory to insure the commercial vehicle before plying it on the Indian roads.
• An insurance policy provides financial protection against damages or losses caused to the insured vehicle or to a third party due to the insured vehicle.
• A mandatory Personal Accident (PA) cover for owner-driver is provided.

Types of Bharat Benz Insurance Policy

1. Bharat Benz Third-Party Insurance

   It is mandatory by law to insure vehicles with at least a third-party commercial vehicle insurance policy. Under a third-party insurance policy, the policyholder gets the insurance cover against losses and damages incurred only to a third-party person or property. However, the insured does not get any insurance coverage for damage or loss to his/her insured vehicle.

2. Bharat Benz Comprehensive Insurance

   This type of vehicle insurance policy is not mandated by the law. However, it is always advisable to have a comprehensive insurance policy due to its coverage. A comprehensive insurance provides coverage against losses and damages incurred to the insured vehicle as well as to third-party. It provides better financial support in case of an accident or other unforeseen circumstances.

Bharat Benz Insurance Policy: Add Ons

• Zero Depreciation Cover: The depreciation cover offers coverage against the depreciation of metal and plastic parts of the commercial vehicle.
• Personal Accident Cover: This is an extension of basic personal accident cover. One can get this cover under the additional covers section by paying some extra premium.
• IMT 23: This add-on provides coverage for uninsured parts such as bumper, bonnet, sideparts, etc, after deducting the depreciation costs

How to Buy Bharat Benz Insurance Online?

You can easily buy an insurance for your Bharat Benz commercial vehicles online. The steps to buying Bharat Benz Insurance online are as follows:

• Step 1: Visit the official website of 'Policybazaar Insurance Brokers Private Limited'
• Step 2: Tap on 'commercial vehicle insurance' and fill out the vehicle registration details.
• Step 3: Choose 'I have a brand new vehicle' in case you have a new Bharat Benz vehicle and click on submit.
• Step 4: All the available plans will be displayed on your screen.
• Step 5: Compare and buy the insurance that fits your requirements.
• Step 6: Pay the premium of the policy you choose and it will be sent to your registered mail address.

How to Renew Bharat Benz Insurance Online?

Since driving without an insurance is a punishable offense, it is very important for you to timely renew your commercial vehicle insurance. You can renew your insurance online using the steps mentioned below:

1. Go to the homepage of policybazaar.com and choose the 'commercial vehicle insurance' option.
2. Fill out your vehicle registration number and click on submit.
3. Fill out all the required details and click on submit.
4. All the commercial vehicle insurance plans available will be displayed on the screen.
5. Choose your preferred add-ons as per requirement and check your IDV based on your previous policy.
6. Select the plan and pay the premium to get your policy renewed.

How to File Bharat Benz Insurance Claim?

• Step 1: File the FIR and inform the insurance provider regarding the damages caused.
• Step 2: The insurer will send a surveyor to assess the damages. After a successful the survey, the commercial vehicle will be sent to the network garage of the insurance provider for repair.
• Step 3: Submit all the required documents to get your claim amount.
• Step 4: Once your Bharat Benz vehicle is repaired and the documents are submitted, the insurer will settle your claim.

Documents Required for Bharat Benz Insurance Claim

• Duly filled and signed claim form
• Driving License copy
• Repair bill/estimate
• Vehicle Registration Certificate (RC)
• Permits of the commercial vehicle
• Load challan