List of 10 Best Auto Rickshaw Insurance Company in India
Having insurance for your auto-rickshaw is never a bad idea. It is one of the best ways to make sure that your vehicle is protected well. There is commercial vehicle insurance available in India that is concentrated exclusively on commercial vehicles like auto-rickshaws, pick-up trucks, and buses. Commercial vehicles like auto-rickshaws are an important mode of transport. They are driven daily on the road. So, the possibility of an unfortunate accident happening for these vehicles is slightly higher compared to other private vehicles. If such an unfortunate accident does end up happening, having commercial vehicle insurance will save you a lot of money. Before diving into auto-rickshaw insurance providers, let us look at some features of three-wheeler auto insurance.
Features of Auto-Rickshaw Insurance
- Coverage: Those who own auto rickshaw insurance are given comprehensive coverage for their vehicle. Both public and private carriers enjoy this coverage through commercial vehicle insurance.
- Liability Cover: If you end up buying auto rickshaw insurance online or offline, the insurance of auto-rickshaws covers liabilities if an injury or accident happens.
- Monetary Expenses: If you are worried about the unwanted expenses that could arise through insurance, the monetary compensation that is provided by commercial vehicle insurance will help you. The 3 wheeler auto rickshaw insurance price will be dependent on this.
- Stress-free Process: The worry of losing time and money over buying rickshaw insurance should no longer block you. The process of getting online auto rickshaw insurance is hassle-free without any added expenses. The time required to buy the insurance is too little.
- Damage Cover: The damage cover given by various insurers might have slight changes. But in general, there is a third-party person cover, vehicle damage cover, and property damage cover. There is also a personal accident cover for the driver and owner.
List of 10 Best Auto Rickshaw Insurance Company in India
Given below are the list of some of the best insurance companies for auto rickshaw available in India as mentioned below:-
- Reliance General Insurance
- Raheja QBE General Insurance
- Magma HDI General Insurance
- HDFC ERGO General Insurance
- Shriram General Insurance
- DHFL-Coco Commercial Vehicle Insurance
- Digit Commercial Vehicle Insurance
- National India Commercial Vehicle Insurance
- New India Commercial Vehicle Insurance
- Oriental Commercial Vehicle Insurance
1. Reliance General Insurance
The Reliance General insurance is a popular commercial vehicle insurance provider. This insurance policy will provide coverage for various situations. The process of buying the insurance is instant without any hassles. The policy renewal can also be done easily. In the case of auto-rickshaw, the policy provides coverage for the vehicle from damage acquired through riot, strike, earthquake, malicious act, landslide, rockslide, accident, theft, hailstorm, fire explosion, third party insurance, and so on.
2. Raheja QBE General Insurance
This insurance for commercial vehicles provides damage cover of your vehicles against damages and third-party liabilities. Natural and manmade calamities are covered by this insurance. They are one of the popular auto rickshaw insurance providers
3. Magma HDI General Insurance
The important vehicle insurance for your commercial vehicles like auto-rickshaw are taken care of excellently by this insurance. This insurance provides legal liability for third-party accidents. The damage to your 3 wheeler due to fire, explosion, lightning, flood, storm, earthquake, riot, strike, theft, accidents are covered by this insurance.
4. HDFC ERGO General Insurance
This commercial vehicle insurance offers financial protection to your 3 wheeler vehicles. The insurance covers third-party liability cover, personal accident cover, burglary, and other accident cover along with the natural and manmade calamity damage cover.
5. Shriram General Insurance
Shriram auto rickshaw insurance is one of the best commercial vehicle insurance available in india. The coverage of this insurance comprises loss or damage to vehicles due to theft, riot, lightning, fire, burglary, earthquake, flood, hurricane, typhoon, accidents through external means, and so on. They also give financial security against losses acquired through bodily injury or death to a third party. It also covers damage to a person or property.
6. DHFL-Coco Commercial Vehicle Insurance
The insurance provided to commercial vehicles through these insurance providers covers the damage and other liabilities acquired by the vehicle. If you are looking for insurance for your auto-rickshaw, this insurance is also worth considering. This insurance will not cover the miscellaneous vehicle insurance, though.
7. Digit Commercial Vehicle Insurance
Another great commercial vehicle insurance for your 3 wheeler vehicle. This insurance covers the damages due to natural calamities and other accidents that happened to the vehicle and driver. This insurance is available for the goods carrying vehicle, passenger-carrying vehicles, and also miscellaneous vehicles.
8. National India Commercial Vehicle Insurance
The national India Commercial vehicle insurance covers the damage acquired by the auto-rickshaw through external accidents and also other calamities. These insurance also don’t provide miscellaneous vehicle insurance for commercial vehicles.
9. New India Commercial Vehicle Insurance
This commercial vehicle insurance is also another great insurance for your three-wheeler auto-rickshaw. The insurance covers goods carrying, passenger-carrying commercial vehicles. So, this insurance is best if your auto-rickshaw is carrying goods or passengers.
10. Oriental Commercial Vehicle Insurance
Another best insurance for commercial vehicles like auto-rickshaws is oriental commercial vehicle insurance. This insurance covers a wide range of damage acquired by the commercial vehicle due to natural or manmade reasons. It also covers third-party liability along with the other damage covers.
Along with these, there are many other insurance companies for your commercial vehicle. Some other examples for commercial vehicle insurance are SBI general commercial vehicle insurance, USGI commercial vehicle insurance, united India commercial vehicle insurance, and so on.
If you own a commercial vehicle, the need to have insurance for the vehicle is very important. The adverse situation that may affect the vehicle can cause some financial issues in the case of a commercial vehicle like an auto-rickshaw. So, it is safe to have vehicle insurance that can cover any unforeseeable damage that may happen in the future. There are many commercial vehicle insurance providers in India. Some of them are explained here. Each of these insurance providers covers any damages that affect the vehicle. Unlike offline insurance, buying online commercial vehicle insurance is easier. So, if time is why you are having trouble with buying vehicle insurance, you can buy commercial vehicle insurance online too. It is better to be safe than sorry when it comes to your auto rickshaw.