Managing separate motor policies for each vehicle in your fleet means multiple renewals, multiple premiums, multiple surveyors, and multiple claim processes. Motor Fleet Insurance consolidates your entire fleet — cars, minibuses, trucks, taxis, LCVs, HCVs — under a single policy with one premium, one renewal date, and significant savings through fleet discount. Adding or removing vehicles mid-term is a simple endorsement.
Commercial Insurance · Motor Fleet · Cars, Buses, Trucks, Taxis, LCVs, HCVs
Motor Fleet Insurance is a single comprehensive insurance policy that covers all the commercial vehicles owned or operated by a business under one umbrella. Instead of managing separate motor insurance policies for each vehicle — with different renewal dates, separate claim processes, and individual premiums — fleet insurance consolidates everything under one policy with a single annual premium, a single renewal date, and a single claims interface. The insurer spreads risk across all vehicles in the fleet, making the per-vehicle premium significantly more competitive than individual policies.
Cover your entire fleet — cars, buses, trucks, taxis, LCVs, HCVs, and mixed fleets — under a single motor fleet policy with one annual premium and one renewal date.
FLEET UMBRELLARisk pooled across all vehicles gives you significantly lower per-vehicle premium than individual policies. Negotiate the best fleet rates through Probitas’ insurer relationships.
LOWER PREMIUMAdd new vehicles or remove sold/decommissioned vehicles any time during the policy year via a simple endorsement — no new policy, no fresh documentation, just an update to the existing fleet schedule.
FLEXIBLEUnlimited third party bodily injury and death cover as mandated by the Motor Vehicles Act. Third party property damage and all legal defence costs fully covered.
MANDATORY COVERMedical expenses for employees injured in fleet vehicles, PA cover for owner-driver and paid drivers, and legal liability for paid drivers operating fleet vehicles.
STAFF PROTECTEDFloods, earthquakes, cyclones, landslides, hailstorms, terrorist activity, riots, strikes, and malicious acts — all covered as standard perils under the own damage section.
ALL PERILSWho Should Buy Motor Fleet Insurance
Motor Fleet Insurance is designed for any business or organisation that owns or operates 4 or more commercial vehicles. It is the most cost-effective and operationally simple way to insure a fleet of any size.
Motor Fleet Insurance is strictly a commercial product. All vehicles covered must be used for a declared commercial purpose — transportation of goods, passengers, employees, or commercial services. The policy is underwritten based on the commercial use declared at inception. Misrepresentation of use (declaring commercial vehicles as personal) is grounds for claim repudiation across the entire fleet. All drivers must hold valid commercial driving licences appropriate for the vehicle category they operate.
Own Damage· Third Party Liability· Employee & Driver Cover
A comprehensive motor fleet policy covers three distinct categories of risk: own damage to the insured fleet vehicles, third party liability (mandatory by law), and employee/driver protection. Here is what each category covers.
| Peril / Event | Own Damage | Third Party | Employee / Driver |
|---|---|---|---|
| Accident / Collision | ✓ Vehicle repaired or replaced | ✓ BI, death & PD covered | ✓ Medical expenses |
| Fire & Explosion | ✓ Vehicle damage covered | ✓ If TP property damaged | ✓ Injuries covered |
| Theft (Total Loss) | ✓ IDV paid | — | — |
| Natural Calamities | ✓ Flood, cyclone, earthquake | — | — |
| Riots & Strike | ✓ Malicious damage covered | — | — |
| Terrorist Activity | ✓ Covered as standard peril | — | — |
| Third Party BI / Death | — | ✓ Unlimited (MVA mandated) | — |
| Third Party Property Damage | — | ✓ Fully covered | — |
| Legal Defence Costs | — | ✓ Fully paid by insurer | — |
What Can Be Insured Under Motor Fleet Insurance
Motor Fleet Insurance can cover virtually every category of commercial vehicle used for business purposes — from compact delivery bikes to heavy articulated trucks — under a single fleet policy.
Motor Fleet Insurance allows mixed fleets — different categories of vehicles — to be covered under a single policy. A logistics company may have 5 executive cars, 10 delivery vans (LCVs), and 20 heavy trucks — all covered under one fleet policy with a single blended premium. The insurer calculates the premium based on the IDV and commercial use of each vehicle type and aggregates them under the single fleet policy schedule. This eliminates the administrative burden of managing three separate policies with different insurers, different renewal dates, and different claim contacts. Call 022 4302 0000 for a mixed fleet quote.
Enhance Your Fleet Policy With Optional Add-On Covers
Standard fleet policy covers own damage and third party liability. These add-on extensions enhance the coverage for specific risks relevant to fleet operations — each available at an additional premium.
Standard motor policies deduct depreciation on rubber, plastic, and fibre parts at the time of claim settlement. Zero depreciation cover eliminates this deduction — the claim is settled at full replacement cost without any depreciation reduction. Particularly valuable for newer, higher-value fleet vehicles where depreciation deductions can be significant.
On-road breakdown service for fleet vehicles — towing to the nearest garage, minor on-site repairs, fuel delivery for vehicles that run dry, battery jump-start, tyre change assistance, and emergency accommodation for drivers stranded away from base. Critical for long-haul truck fleets and outstation cab operators.
Electronic accessories, special fittings, and non-standard equipment — GPS tracking devices, dashboard cameras, music systems, hydraulic lifts, special tool racks — are not covered under the standard fleet policy. This add-on covers loss or damage to such accessories at declared value.
Replacement of windshield, side glass, and rear glass due to breakage without deduction for depreciation and without affecting the No Claim Bonus on the fleet policy. Claimable once per vehicle per policy year. Particularly useful for fleets operating in areas with high stone-chip or construction debris risk.
Standard fleet policy includes PA cover for the owner-driver only. This add-on extends PA cover to all passengers in the vehicle at the time of an accident — covering death, permanent disability, and medical expenses. Essential for employee transport buses, taxi fleets, and passenger-carrying vehicles of all kinds.
Covers legal liability to the vehicle owner for damage to a hired or borrowed vehicle. Useful for fleet operators who occasionally hire vehicles to supplement their own fleet during peak periods — the hired vehicle’s damage liability is covered under this extension rather than requiring separate insurance for each hired vehicle.
Fleet policies earn No Claim Bonus similarly to individual motor policies — typically 20% to 50% discount on renewal premium for consecutive claim-free policy years. However, for fleet policies, the NCB is calculated on the fleet as a whole, not per vehicle. A single claim on one vehicle reduces the NCB for the entire fleet at renewal. Some insurers offer a Protected NCB add-on that protects the fleet’s NCB even if one or two claims are made during the policy year — particularly valuable for larger fleets where some claims are statistically inevitable. Discuss NCB protection options with Probitas Insurance Brokers at the time of fleet policy renewal.
What to Do When a Fleet Vehicle Is Involved in an Accident or Loss
Fleet claims are managed centrally through Probitas Insurance Brokers — one contact for all claims across all vehicles in your fleet. Here is the step-by-step process for any loss event.
Inform Probitas Insurance Brokers on 022 4302 0000 and the insurer as soon as any accident, theft, fire, or other loss occurs. For accidents involving third-party injury or death, file an FIR immediately at the nearest police station and retain the FIR number. For riots and malicious damage, obtain a police report or panchnama.
Do not move the vehicle without the insurer’s permission for significant damage claims — the surveyor must assess it in place. Take photographs of the vehicle damage, the accident scene, other vehicles involved, and any visible third-party damage. This photographic evidence is critical for claim settlement. For minor driveable damage, get insurer permission before taking the vehicle to a garage.
Submit the standard claim document set to Probitas, who will submit to the insurer on your behalf: duly filled claim form, Registration Certificate (RC) of the vehicle, valid driving licence of the driver at the time of loss, FIR copy (for accident/theft/riot claims), and policy schedule. For repair claims, add: estimated repair cost from garage, and final repair bill with payment receipts.
The insurer appoints a surveyor to assess damage. For cashless repairs: vehicle is sent to a network garage empanelled with the insurer; the insurer pays the garage directly — you pay only the compulsory deductible. For non-network garages (reimbursement): you pay the garage bill; the insurer reimburses after document review. For theft total loss: IDV (Insured Declared Value) is paid after police investigation clearance.
In a cashless claim, the vehicle is repaired at a network garage empanelled with the insurer. The insurer pays the garage directly — you pay only the compulsory deductible and any non-covered items (depreciation on rubber/plastic parts if no zero-dep add-on, etc.). In a reimbursement claim, you pay the full repair bill and the insurer reimburses you after reviewing original bills and payment receipts. Cashless is always faster and avoids upfront cash outflow from your business. For the insurer, the insurer, the insurer, and the insurer, most major cities and industrial zones have extensive network garage coverage. Call 022 4302 0000 to find empanelled garages in your operating area before an accident occurs.
What Is NOT Covered
The following situations and types of damage are generally excluded from Motor Fleet Insurance. Specific exclusions vary by insurer and policy — always read the complete policy wording before purchase.
Accidental damage occurring when the driver is under the influence of alcohol, drugs, or any intoxicant is excluded from all motor fleet insurance claims. This exclusion applies regardless of the severity of impairment.
Damage arising from the driver’s wilful negligence — deliberate recklessness, ignoring known hazards, or operating a vehicle in a knowingly unsafe condition — is excluded from fleet insurance coverage.
Financial losses that are a consequence of the vehicle being off-road — lost delivery revenue, hire charges for replacement vehicles, business interruption costs — are excluded from standard motor fleet insurance policies.
Gradual deterioration of vehicle components due to age, use, or normal wear and tear is excluded. Depreciation in vehicle value is also excluded — though zero-depreciation add-ons can address part of this for spare parts replacement.
Internal mechanical or electrical breakdown not caused by an external accidental event is excluded. Engine seizure, transmission failure, and electrical faults not arising from an accident are not covered under standard fleet policy.
Damage caused solely by tyre burst or brake failure — without any external accident — is excluded. However, if a tyre burst causes a collision, the resulting accident damage to the vehicle and third parties is covered.
Claims arising from vehicles being used beyond their licensed carrying capacity — overloaded trucks, buses carrying more passengers than the registered seating capacity — are excluded from fleet insurance coverage.
If a fleet vehicle is driven by a person without a valid driving licence appropriate for the vehicle category at the time of the accident, all claims arising from that event are excluded across the entire policy.
Motor fleet policies are underwritten for a specific geographic zone (typically within India). Use of a fleet vehicle outside the geographic zone stated in the policy schedule may result in claim exclusion for incidents occurring outside that zone.
Loss or damage arising from nuclear radiation, radioactive contamination, war, invasion, civil war, or hostilities between nations are excluded from all commercial motor fleet insurance policies as standard.
The information and product comparisons displayed on this platform are intended solely for general informational and evaluation purposes, and do not constitute a legal offer or binding insurance contract. Specific policy features, premium rates, riders, and underwriting guidelines are determined exclusively by the respective general insurance carriers and may vary significantly based on the insurer, product tier, and location across multiple Indian states. All quotes and premium calculations generated on this website are indicative estimates based on preliminary data and do not guarantee final underwriting approval or policy issuance by the insurer. For comprehensive details regarding specific coverage terms, limits, and permanent exclusions, please refer directly to the official sales brochure and policy wording issued by the respective insurance company, which will take absolute legal precedence in the event of any discrepancy or dispute.
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By submitting you agree to our Privacy Policy and Terms & Conditions. Motor Fleet Insurance is a commercial product subject to individual underwriting. Information provided is indicative only. Refer to the policy wording for complete terms. Probitas Insurance Brokers Pvt. Ltd. · IRDAI Lic. No. 528.