ISUZU Insurance

Isuzu Insurance Price

*Disclaimer: The premium mentioned above is fixed by the IRDAI. Third party premium rates are based on the gross vehicle weight and may vary if you choose a comprehensive policy and add-ons.

Reasons to Buy An Isuzu Insurance Policy

Check out some of the most common reasons to buy an insurance policy for your Isuzu commercial vehicles.

• Mandated by Law: If you own an Isuzu vehicle, it is mandatory for you to buy at least a third party commercial vehicle insurance policy as per the Motor Vehicles Act, 1988, India.
• Coverage Against Accidents: With an Isuzu insurance policy, you can also get compensation against damages caused by unfortunate events like a road accident, fire, etc.
• Enhanced Protection: You can also enhance the coverage of your commercial vehicle insurance policy by purchasing additional covers offered by the insurance company.

Types of Isuzu Insurance Policy

There are two types of Isuzu insurance policies offered by insurance companies. These are:

1. Third Party Liability Isuzu Insurance Policy

   Third Party commercial vehicle insurance only provides coverage against damages sustained by the third party due to the insured commercial vehicle. Liabilities such as bodily injury, death, and property damages of the third party are covered by the third party insurance. This policy does not cover the own damages sustained by the insured vehicle due to any unanticipated event.

2. Comprehensive Isuzu Insurance Policy

   A comprehensive insurance policy offers wider coverage as it covers the insured commercial vehicle against damages arising out of events like accidents, natural disasters, theft, fire, etc, and also covers third party liabilities. A comprehensive insurance cover is recommended as it offers enhanced protection by covering both insured vehicle and third party liabilities.

Isuzu Insurance: Add-Ons

You can also increase the coverage of your Isuzu insurance policy by purchasing some of the add-on covers.

• IMT 23: This add-on provides coverage for uninsured parts like tyres and tubes, lamps, mudguards, side parts, bonnet, bumpers, headlights, and paintwork of damaged portions after deducting the depreciation costs.
• Zero Depreciation/ Nil Depreciation: Your vehicle depreciates with age every year. While settling a claim, insurance companies deduct a depreciation cost as per the age of your vehicle. However, if you have this add-on, insurers will not deduct the depreciation cost in case of an accidental claim which will help you with a better claim amount.
• Accessories Cover: This add-on protects you against damages or losses caused to the electrical and non electrical accessories and fittings that are not a part of the manufacturer's initial selling price.
• PA (Personal Accident) Cover: You must purchase the mandatory PA Cover for the owner driver of ₹15 lakhs. Several insurers also offer an additional cover for the paid driver of either ₹1 lakh or ₹2 lakhs.

How to Buy Isuzu Insurance Policy Online?

To purchase Isuzu insurance policy online, visit Policybazaar.com and follow the steps mentioned below:

• Select the 'Commercial Vehicle Insurance' and fill out your vehicle registration number. If you have a new vehicle, select 'I have a Brand New Vehicle' and fill out the details.
• Select the vehicle type, make, model, RTO, manufacturer details, etc and click on submit.
• All the Isuzu insurance plans will be displayed on your screen.
• Select the preferred add-ons and the IDV and choose the most suitable plan.
• Pay the premium amount and your Isuzu insurance policy will be sent to your email address after successful payment.

How to Renew Isuzu Insurance Policy?

Follow the steps mentioned to renew your Isuzu insurance online:

• Visit the official website of Policybazaar Insurance Brokers Private Limited and choose 'commercial vehicle insurance'.
• Enter the required details such as vehicle registration number
• Check the details, select the add-ons and customize your IDV
• Fill the required details like vehicle number, contact details, previous insurer name and proceed with payment
• Pay the premium amount and your policy will be mailed to your registered address..

How to File Isuzu Insurance Claim?

For the Isuzu insurance claim procedure, follow the below-mentioned steps:

• Intimate the insurer about the incident soon after it has occurred. Upon intimation, the insurer will register a claim for the accident.
• Once the claim has been registered, the insurer will send a surveyor to inspect the damages caused due to the insured vehicle
• You must then submit the required documents for the claim to be processed.
• After document verification, the insured vehicle will be sent to the network garage for repairs after which your claim will be settled.

Documents Required to File a Claim Under Isuzu Insurance Policy

For your insurance claim to be processed, you must submit the following documents:

• Duly filled and signed claim form
• Policy copy
• Registration Certificate (RC)
• Fitness Certificate, if applicable
• Copy of Police FIR, if applicable
• Repair estimates and bills