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?

Pickup Insurance


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


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

pickup theft cover
third party damage cover in pickup policy

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.


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

protection against fire damages
natural calamity cover

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.

towing disabled vehicles

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’
(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

Pickup ModelThird Party Insurance PriceComprehensive Insurance Price
Tata Ace945110500
Bolero Pickup945110800
Mahindra Bolero Pickup xl945111425
Mahindra Bolero FB Ps945111652
pickup insurance price

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

Key FeaturesBenefits
Damages to third partyTPPD cover up to 7.5 lac & Unlimited for liabilities.
Accidental CoverageUp to sum insured.
Theft CoverIncluded in comprehensive policy.
PremiumAs per coverage requirement

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) 


How much is the price for pickup insurance?

Pickup insurance price is 8432 plus GST for a third party insurance if it carries private goods.

What is the difference between commercial pickup & private pickup insurance?

Private pickup policy is for pickups which are used for carrying personal or goods related to insured own business while public/commercial carrier policy is for pickup vehicles which are used for hire and reward purposes such as courier or packers & movers services

What is 1 year pickup policy price?

Pickup policy price is 8432 pus GST for 1 year third party insurance.

Which pickup models are covered in pickup bima online?

All vehicles with gross weight up to 7500kg are covered in pickup bima. Two of the top selling pickup vehicles in India are tata ace and mahindra bolero pickup.


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Great experience.

It was a smooth process to buy bolero pickup policy online from policymeter.com

saved 2500 on my pickup bima

Sweta send me great deal according to use of my pickup and almost paid 2500 less from last year premium.

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easy process

found this page really helpful to know a lot about pickup third party policy.