Pickup Insurance Price

Pickup insurance price is 8432 plus GST for private goods carrying pickup and 15746 plus GST for Public goods.

What does pickup insurance means?

Pickup Insurance is a type of commercial vehicle insurance policy which provide coverage against the damages to or by a light commercial vehicle also known as pickup vehicle at the time of an accident. Vehicles under 3.5 Ton Gross weight are generally classed as pickup vehicles.

What is covered in a pickup insurance?

Accidents

Pickup truck policy provides coverage against the damages or loss of the insured pickup vehicle due to an accident.

Theft

Loss of vehicle due to theft can be compensated in pickup insurance claims.

Third Party Losses

Third party property damages are covered up to 7.5 lac & liabilities of injury, deaths of third party persons are covered by unlimited amount.

Fire

Damages or total loss of vehicle due to fire is covered in pickup insurance policy.

Natural Calamities

Pickup Insurance provides protection to insured in case vehicle is damaged or completely destroyed in case of any natural calamity like flood or storm.

Towing Disabled Vehicles

Damages to or by insured vehicle at the time of vehicle being towed is covered in pickup insurance.

What’s not covered?

(1) any accidental loss or damage and/or liability caused
sustained or incurred outside the geographical area as mentioned in policy schedule.
(2) any claim arising out of any contractual liability.
(3) any accidental loss damage and/or liability caused
sustained or incurred whilst the vehicle insured herein is
(a) being used otherwise than in accordance with the
‘Limitations as to Use’
or
(b) being driven by or is for the purpose of being driven by
him/her in the charge of any person other than a Driver
as stated in the Driver’s Clause.
(4) (a) any accidental loss or damage to any property
whatsoever or any loss or expense whatsoever resulting of any consequential loss.(5) any claims arising out when at the time of accident the driver was in influence of intoxicating liquor or drugs.(6) driving a pickup without valid license.

Pickup Insurance Price List

Types of insurance

1. Third Party Pickup Insurance – In case of any accident third party policy provide coverage against the losses occurred to insured due to third party property damage or any injury or death to third party person. Third party plan does not covers the damages to pickup and one can not claim for the loss of the vehicle with third party policy.

2. Comprehensive Insurance – Apart from covering all things as mentioned above in third party insurance, comprehensive insurance for vehicle will also cover the damages to own vehicle in case of any accident, theft or fire or damage to the vehicle by any external means.

Since third party plan cover is limited and does not cover your own vehicle it is always advisable to buy comprehensive package policy for pickup.

Key features of pickup insurance

How to register claim?

• Inform the insurance company about the incident.
• The insurance provider will make a physical inspection of the truck.
• Network garage will make the repair work evaluation.
• The insurer will approve the repair following the repair work at the network garage.
• After repairs, the invoice is submitted to the insurance provider.
• Fill up the claim form and submit all the other required documents.
• The bill will be settled directly with the network garage.

Documents required to file a claim

• Copy of Registration Certificate (RC) of pickup truck
• Original loss estimate
• Original repair bill or invoice
• Repair bill payment receipt
• Police FIR (in case of third party liabilities)
• Vehicle’s keys (in case of theft)
• Non-traceable certificate (in case of theft) 

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