Q1. What are the factors that affect Scania Insurance policy premium?

Ans: The commercial vehicle price, age of the vehicle, registration and manufacture year, accessories additionally added, policy coverage, etc, are some factors that affect the Scania insurance policy premium.

Q2. Can I buy an insurance policy for my Scania commercial vehicle online?

Ans: Yes, you can easily compare and buy insurance policy online in a few clicks. There are no commission costs involved and it is a cost-effective option.

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Scania Insurance

Scania is present in more than 100 countries and is one of the world's leading manufacturers of transport solutions. The company has been developing and offering premium products for over 130 years. Scania trucks are heavy-duty commercial vehicles that can be dangerous for any third party and the owner-driver in case of an unfortunate incident. Hence, it is mandatory to have a Scania insurance policy as per the Motor Vehicle Act. An insurance policy covers third party liabilities, and a comprehensive policy covers damages caused by accidents, collisions, natural and manmade disasters, etc.

Scania Insurance Price

Scania insurance falls under the category of commercial vehicle insurance and its premium is fixed by the IRDAI.

Scania CV Model	Gross Vehicle Weight	Scania Insurance Premium (Third-Party Insurance)
Scania P410 8x4	31000 kg	₹43,950
Scania R500	49000 kg	₹44,242
Scania G410	49000 kg	₹44,242
Scania P360	46500 kg	₹44,242

*Disclaimer: The premium mentioned above is fixed by the IRDAI and is subject to change without prior notice and increase if you purchase a comprehensive policy and include any add-ons.

Reasons to Buy Scania Insurance Policy

You must insure your Scania vehicles for the following reasons:

Legal Requirement: You must at least have a third party commercial vehicle insurance to ply on Indian roads as per the Motor Laws legally.
Comprehensive Coverage: A third party insurance will cover third party liabilities, whereas a comprehensive insurance policy offers coverage for both third party liabilities and accidental damages caused to the insured vehicle.
Financial Protection: An insurance policy also offers you a mental peace as the insurer covers your vehicle against any unfortunate mishap that might occur in the future due to accidents, collisions, disasters, theft, etc.

Types of Scania Insurance Policy

There are two types of insurance policy available for your Scania commercial vehicles which are mentioned below:

Third-Party Insurance: Third-party commercial vehicle insurance policy is a legal obligation as per Motor Laws of India. This type of insurance can be purchased at a minimal insurance premium that is fixed by the IRDAI. It provides coverage only for third party liabilities and not for own-damages.
Comprehensive Insurance: Comprehensive policy provides a better coverage as it offers coverage for third party liabilities and any losses or damages caused to the insured commercial vehicle due to accidents, collisions, fire, natural disasters, man-made calamities, fire, self-ignition, etc. With a comprehensive policy, you also have the option to include various add-ons and increase the vehicle protection.

Scania Insurance policy mostly provides coverage for the following scenarios:

Third-party liabilities
Losses or damages due to road accident
Damages incurred due to man-made and natural calamities
Losses or damages incurred due to terrorist activities
Losses or damages incurred due to fire, lightning, and self-ignition
Losses or damages due to housebreaking, burglary, or theft
Personal Accident cover in case of permanent or total disability or death

The exclusions of this insurance policy are:

Damages caused outside the geographical limit
Any consequential losses
Losses incurred when the driver is under the influence of alcohol
Losses caused when the driver is without a valid driving license
Losses caused due to war or war-like situations
Damages due to nuclear weapon material or radioactivity
Intentional damages

*Disclaimer: The exact list of coverage will be mentioned on your policy wording and varies from insurer to insurer.

Scania Insurance Policy Add-Ons

To increase the coverage of your Scania commercial vehicle insurance, you can buy the following add-ons:

IMT 23: The add-on provides coverage against damages caused to excluded items such as tyres, lamps, bonnet, bumpers, headlights, etc, damaged in a road accident. With this add-on, your insurer is liable to pay for the total or partial damages caused to these parts after deducting the depreciation as per the age of the vehicle.
Accessories Cover: The add-on provides coverage for electrical and non-electrical accessories that were not included in the manufacturer's initial selling price
Zero Depreciation Add-On: An insurer always deducts depreciation costs as per the age of the vehicle, while settling an own damage claim. This add-on ensures that the insurer will settle the claim without deducting the depreciation costs.

How to Buy Scania Insurance Online?

It is very easy to buy a Scania insurance policy. You can easily buy a commercial vehicle insurance using the steps mentioned below:

Visit policybazaar.com and select the 'commercial vehicle insurance' option.
Fill out the vehicle registration number or click on 'I have a Brand New Vehicle'.
Fill out the form with all the required details and click on submit
Select the plan as per your budget
Pay the premium and your policy will be renewed instantly.

How to Renew Scania Insurance Online?

You can renew your insurance online from policybazaar.com using the steps mentioned below:

Go to the homepage
Tap the 'commercial vehicle insurance' option.
Fill out your vehicle registration number and submit the form.
Choose any one of the available plans and include any add-ons required.
Pay the premium using available options such as netbanking/UPI/debit or credit card.
The renewed policy will be sent on the registered email address and mobile number.

How to File Scania Insurance Claim?

Inform the insurance provider.
A surveyor will be sent to check the damages.
Submit all the documents required by the insurer.
After the approval, your claim will be settled by the insurer.

Documents Required for Scania Insurance Claim

Duly Signed Claim Form
Copy of Driver's License
Vehicle RC
Copy of FIR, if applicable
Repair Estimate
Load Challan (for commercial vehicles only)
Permits

Scania Insurance Policy FAQs

Q1. What are the factors that affect Scania Insurance policy premium?

Ans: The commercial vehicle price, age of the vehicle, registration and manufacture year, accessories additionally added, policy coverage, etc, are some factors that affect the Scania insurance policy premium.
Q2. Can I buy an insurance policy for my Scania commercial vehicle online?

Ans: Yes, you can easily compare and buy insurance policy online in a few clicks. There are no commission costs involved and it is a cost-effective option.