GCV insurance covers a wide range of commercial vehicles, including but not limited to:

• Trucks
• Lorries
• Vans
• Trailers
• Tankers
• Refrigerated trucks

GCV insurance policy typically covers:

• Own Damage: Compensation for damage or loss to the insured vehicle due to accidents, fire, theft, or natural calamities.
• Third-party Liability: Coverage for bodily injury, death, or property damage caused to third parties due to the insured vehicle.
• Personal Accident Cover: Provides financial support in case of accidental death or disability of the driver or passengers.

 While GCV insurance provides comprehensive coverage for various risks associated with commercial vehicles, it’s essential to be aware of the exclusions that may apply:

• Intentional Acts or Negligence: Damage or loss resulting from intentional acts or negligence on the part of the insured party are typically not covered. For example, if the vehicle is intentionally driven into a collision or if maintenance neglect leads to a breakdown, such incidents may not be eligible for coverage.
• Wear and Tear: GCV insurance usually does not cover damage caused by normal wear and tear, gradual deterioration, or mechanical breakdowns. Maintenance-related issues, such as engine wear, tire wear, or brake wear, are considered part of regular vehicle upkeep and are the responsibility of the vehicle owner.
• Illegal Activities or Unauthorized Use: Damage or loss incurred while the vehicle is used for illegal activities or unauthorized purposes may not be covered. If the vehicle is involved in criminal activities, such as smuggling or unlawful transportation, any resulting damage or liability may not be included in the insurance coverage.
• Non-Covered Purposes: GCV insurance policies specify the permitted uses of the insured vehicle. If the vehicle is used for purposes not covered by the policy, such as racing, stunts, or off-road activities, any damage or incidents arising from such activities may not be covered.
• Excluded Events or Perils: Certain events or perils may be explicitly excluded from coverage depending on the terms and conditions of the insurance policy. Examples may include acts of war, nuclear accidents, civil unrest, or intentional damage by third parties.

It’s crucial for policyholders to thoroughly review their insurance policy documents and understand the specific exclusions outlined by the insurer. By being aware of what is not covered, businesses can take appropriate precautions to mitigate risks and ensure compliance with the terms of their GCV insurance policy. Additionally, consulting with insurance professionals can provide clarity on coverage details and help tailor the insurance plan to meet specific business needs.

There are various types of GCV insurance to cater to the specific needs of businesses, including:

• Third-party Only (TPO) Insurance
• Comprehensive Insurance
• Third-party Fire and Theft Insurance
• Fleet Insurance

Filing a claim for GCV insurance is a straightforward process. Simply contact our claims department via phone or email to report the incident. Our dedicated claims team will guide you through the necessary steps and documentation required to process your claim efficiently.

When filing a claim for GCV insurance, you will typically need to provide the following documents:

• Copy of the insurance policy
• Vehicle registration certificate
• Driver’s license
• Police report (in case of accidents)
• Repair estimates or invoices
• Any other relevant documents related to the incident