What is Shriram Goods Carrying Vehicle Insurance?

Heavy goods carrying vehicles are prone to many risks due to their massive size and enormous loads while travelling from one place to another. In order to protect truck owners against such unforeseen events, goods carrying vehicle insurance provides coverage against fire, accidents, natural disasters, natural calamities, thefts and so on

• Under the Motor Vehicles Act, 1988, it is mandatory for all vehicles, including goods carrying vehicles, to be insured against Third-Party (TP) damage to mitigate third-party losses
• Having a goods carrying vehicle insurance will ensure smooth transport business operations without any hindrance
• Goods carrying vehicle insurance policy online is issued exclusively for business owners who use their vehicles for commercial purposes