How can you minimize Motor Fleet Insurance Premium?

Fleet operating cost can be huge expense for any organisation. Adding insurance cover may help reduce the maintenance and accidental wear and tear cost of the fleet. Here are some methods which can reduce the premium you will have to pay for such insurance: Claims Records: Know your claims history clearly. Ask your insurer for […]

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Perfect Policy for Transport Business

Handling a large number of vehicles can turn out to be a tough task for any company. Also, regular use and maintenance can be altogether a different business area within the firm. Vehicles are the lifeline of a transport business and managing the damage costs, and downtime of vehicles can be financially draining. To share […]

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How fleet insurance can help SMEs manage their commercial vehicles

Published in Economic Times on 8 October, 2015, Written by Kapil Mehta As business expands, companies tend to buy more vehicles and each vehicle is separately insured. This is expensive and difficult to manage. It is common for companies to forget renewal dates or misplace policy contracts. The matter is more severe when insurance is […]

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Own damage motor insurance can now be bought separately

Published in livemint on 25 Jun 2019. Come September 1, motor vehicle owners will be allowed to purchase standalone own damage (OD) insurance cover. An OD cover insures the vehicle against theft and damages. The guidelines will be applicable for all new and old cars and two-wheelers. At present, the industry practice is to bundle OD insurance with […]

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