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Overview
Features And Benefits
Third-Party Goods Carrying Vehicle Insurance
Comprehensive Goods Carrying Vehicle Insurance
Calculate Premium
Save Premium
Renewal Benefits
IDV
NCB
Deductibles
Types of Goods Carrying Vehicle Insurance
Coverages
Compare Plan
Premium Components
Eligibility and Required Documents
Buy / Renew
Claim Process
Terminologies
Policy Download
FAQs

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

What is Goods Carrying Vehicle Insurance?

Nil Pending Complaints

Over 60 Lakh
Happy Customers

Why Choose Shriram Goods Carrying Vehicle Insurance?

At Shriram General Insurance's digital platform, one can purchase, renew and claim Shriram Goods Carrying Vehicle Insurance policy at ease
Get an instant goods carrying vehicle insurance policy with minimal documentation and a speedy application process
It is easy and quick to renew a policy with Shriram General Insurance's digital-friendly platform
To ensure timely claim settlement, we simplified the entire claim process with 24*7 online claim support

Third-Party Coverage

According to Section 146 of the Motor Vehicles Act, 1988, third-party coverage is mandatory. Third-party (opponent vehicle owner/pedestrian) goods carrying vehicle insurance covers liability for third-party vehicle/property damage and third-party injury

Own Damage Coverage

Own Damage (OD) covers damages resulting from accidents, theft, fire, natural calamities and man-made disasters

Comprehensive Coverage

Comprehensive Coverage includes Third-Party Coverage and Own Damage Coverage as well as Compulsory Personal Accident (CPA). With Shriram Comprehensive policy, choose suitable add-ons to enhance your coverage

How to Calculate Shriram Goods Carrying Vehicle Insurance Premium?

The premium for Shriram Goods Carrying Vehicle Insurance will be determined by various factors, including the type of vehicle, model and variant, year of manufacture, Insured Declared Value (IDV), type of insurance policy and add-ons

Make and Model

The make and model of the vehicle are the primary factors in calculating a goods carrying vehicle insurance premium

Year of Manufacture

It is essential to determine a vehicle's manufacturing year in order to determine its IDV

Insured Declared Value

The Insured Declared Value (IDV) is the vehicle's current value. Essentially, it is the maximum amount the insurer will pay if the vehicle suffers a total loss in an accident

Types of Insurance

In India, third-party goods carrying vehicle insurance is mandatory. The premium for Third- Party goods carrying vehicle insurance depends on the vehicle's cubic capacity

Add-ons

Individuals can choose an add-on based on their needs. This adds to the cost of a standard goods carrying vehicle insurance policy

Benefits of Renewing Shriram Goods Carrying Vehicle
Insurance Online

Renewing your goods carrying vehicle insurance policy is quick and easy with Shriram General Insurance's digital platform. Online renewal of goods carrying vehicle insurance provides the following benefits:

Saves time and effort
No paperwork is required
Instant renewal
Earn No Claim Bonus
Prevent insurance break-ins

How to Save on your Shriram Goods Carrying Vehicle Insurance Premium?

The factors mentioned here can help an insured save on their vehicle insurance premium

Choosing Policy

Shriram General Insurance offers several types of goods carrying vehicle insurance policies . A comprehensive insurance policy for goods carrying vehicles is the smart option for protecting your vehicle

Selection of Add-ons

Add-ons should be purchased with care. However, choosing the right add-ons will ensure maximum coverage

Deductibles

Deductibles are out-of-pocket expenses that the insured must pay during a claim. Be sure to check the voluntary deductibles before you purchase a policy

Renewing On-time

Keeping your No Claim Bonus (NCB) intact requires renewing your insurance policy on time. Any break-in insurance will affect the NCB

Installing Anti-Theft Devices

Taking theft precautions, such as installing an anti-theft device (approved by ARAI), can result in affordable insurance premiums for goods-carrying vehicles

Frequently Asked Questions

What is a comprehensive insurance policy?

A comprehensive insurance policy protects your vehicle from unforeseen accidents like fire, theft, earthquakes and any third-party liability in terms of death, physical injuries and third-party property damage. It also has personal accident and legal liability cover for paid drivers/cleaners of the insured vehicle at an additional premium

What is the roadside assistance add-on cover?

Roadside assistance is additional coverage for instances where the insured gets stuck in the middle of the road with no way of getting help. The Shriram Goods Carrying Vehicle Insurance policy will ensure that the insured receives all emergency services such as medical assistance, towing, fuel arrangements, minor repairs, alternative transportation and so on

What our customers say ?

4.6

1753+ Customer Ratings

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MARCUS MANOHAR PARKHE

Mr. Khalil, your Executive was very coperative. the overall experience was very good. Thank you.

ANIL KUMAR HP

Good

VAISHALI VAIBHAVKUMAR PANDYA

very good

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Good

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Blogs

Top 10 Road Safety Tips You Should Know

Posted on 2025-05-08 12:11:21

Every time you drive in India, you're a part of one of the world's busiest road networks. The facts are clear: according to the Ministry of Road Transport & Highways (MoRTH) Road Accidents in India 2022 Report, over speeding was the primary cause of more than 70% of the 1.68 lakh road accident deaths that occurred in 2022. Road safety regulations must be followed regardless of whether you drive occasionally or on a regular basis. These 10 key safety tips are especially for Indian drivers. Read on to know more.

What is Wheel Speed Sensor and ABS?

Posted on 2025-05-07 06:53:12

With increasing traffic, unpredictable road conditions, and varied terrain, driving in India demands more than just good reflexes—it requires reliable vehicle safety systems. Two unsung heroes of modern car safety are the wheel speed sensor (WSS) and the anti-lock braking system (ABS). When combined, they improve your car's braking efficiency and overall safety. This blog discusses wheel speed sensors, ABS, their functions, and their importance, particularly on Indian roads.

How to Get FASTag for Your New Car

Posted on 2025-05-06 06:58:05

In India, obtaining a FASTag for a new car is now vital for car owners. The Ministry of Road Transport and Highways (MoRTH) mandates FASTag, which uses Radio Frequency Identification (RFID) technology to facilitate electronic toll collection. It enables smooth movement across national highways by automatically deducting toll amounts without requiring vehicles to stop. In this blog, we provide a comprehensive guide on how to get FASTag for new car owners, including application methods, charges, placement instructions, and key benefits.

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Quick renewal

IRDAI Consumer Education:- Insurance is the subject matter of solicitation. IRDAI Registration Number - 137. CIN No. U66010RJ2006PLC029979. BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS. IRDAI clarifies to public that IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums. IRDAI does not announce any bonus. Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.

Helpline Number

180030030000 18001033009

Roll the Wheels of your Business Smoothly with Shriram Commercial Vehicle Insurance

What is Shriram Goods Carrying Vehicle Insurance?

Why Choose Shriram Goods Carrying Vehicle Insurance?