The number of vehicles on Indian roads has increased drastically over recent years. Be it for private usage or commercial purposes. People have started purchasing and using their vehicles for various reasons. However, it is important to know that under Indian Motor Vehicles Act (MV Act), every vehicle needs to be insured before being driven […]
Motor Fleet Insurance
Understanding the nuances of motor fleet management insurance
Motor fleet refers to the owner of multiple vehicles at a single point in time; typically for business or for your interests. In such a scenario, you must avail motor fleet insurance policy. Insuring your motor fleet can be quite a feat! What is motor fleet insurance? These policies cover four or more vehicles under […]
Exclusions of motor fleet insurance policy
When you want to insure more than one vehicle, a motor fleet insurance policy is a great choice. It is one policy that provides insurance cover against loss or damage to all your vehicles. However, it is important to remember that your standard motor fleet insurance policy has some limitations. Here we will get to […]
What is a sunset clause in a motor fleet insurance policy?
A business owner may have a fleet of cars, lorries, vans which are used on a daily basis for his business-related activities. Managing all these vehicles can be expensive and hence is vital to ensure all the vehicles for proper business continuity. A motor fleet insurance policy is to provides coverage to all the vehicles […]