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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
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Shriram Goods Carrying Vehicle Insurance Premium Components

A goods carrying vehicle insurance premium is an amount paid by an insured to an insurer for purchasing a policy. Shriram Goods Carrying Vehicle Insurance premium calculation will be based on various factors, such as the policy chosen, cover types, add-ons and policy period

Goods carrying vehicle Third-Party (TP) Premium

Third-Party (TP) Premium

According to the Indian Motor Vehicles Act, 1988, third-party liability insurance is mandatory in India. TP premiums are calculated based on the cubic capacity of the vehicle’s engine

Goods carrying vehicle Own-Damage (OD) Premium

Own-Damage (OD) Premium

It is a part of the premium, one pays to get coverage against various natural and man-made disasters. Each insurance company will have its own pricing for an Own Damage (OD) coverage premium

Compulsory Personal Accident Cover

Compulsory Personal Accident Cover

The government has made Personal Accident coverage mandatory for vehicle owners/drivers due to the rise in injury cases. Rs. 15 Lakh is the minimum sum insured for this cover

Add-ons

Add-ons

Add-ons are additional covers for the vehicle’s enhanced protection. The premiums depend on the type of add-on chosen by the insured. Some of the popular add-ons are Zero Depreciation cover, Motor Protection cover, Roadside Assistance, Engine and Tyre Protection cover.


Frequently Asked Questions

Can I pay my goods carrying vehicle insurance premium in instalments?

Goods carrying vehicle insurance premiums cannot be paid in instalments. The premium for a commercial vehicle policy must be paid in advance by the insured

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Blogs

Portable Car Vacuum Cleaners and Tyre Inflators for India

Portable Car Vacuum Cleaners and Tyre Inflators for India

Posted on 2026-01-09 10:00:40

Going on leisure road trips can be the most joyful experience, but it can soon become dreadful if the cabin gets filled with snack crumbles or the tyre falls flat due to a pothole. It is during situations like these that car cleaning accessories and car tyre inflators can save you. You can use the cleaner to remove any leftover crumbles, dust, pet hair, etc., from your cabin, keeping the interior clean and the cabin air breathable. A portable car air pump can be used to fix flat tyres, so you don’t have to wait for help in the middle of a road or highway. Together, these accessories ensure cleanliness and safety, making for pleasant car rides. This blog will help you discover the relevance of these accessories.

Best Portable Tyre Inflators in India: Buying Guide for 2025

Posted on 2026-01-09 09:30:01

If you’re a car owner who frequently drives for work and leisure activities, then you should always carry a portable tyre inflator with you. Many drivers only think about tyre pressure when a puncture happens, but tyres can go flat for any reason. They may lose air due to heat, rough roads, or even small nail punctures. Driving with tyres at low pressure can cause the rubber in the tyres to heat up more quickly, which may lead to blowouts on the roads or highways. Having a portable tyre inflator can save you in such situations. Instead of looking for mechanics or waiting for help to arrive, you can fill your car’s tyres and resume driving. This small car accessory can help drivers avoid getting stranded on the road. Hence, we’ve created this comprehensive buying guide for the best tyre inflator so you get a reliable tool for your safety and convenience.

A Comprehensive Guide on Smart Car Air Purifiers

Smart Air Purifiers for Vehicle Interiors

Posted on 2026-01-08 10:16:26

What if we told you that rolling up your car’s windows doesn’t guarantee good breathable air inside the cabin? It may sound like an assumption, but the truth is that air quality inside a car cabin is often worse than the air outside. It’s because cars are not fully airtight. Pollutants from outside can easily enter the cabin through air vents or other openings, which continue to recirculate. This is why car owners are increasingly turning to purchase smart car air purifiers. These purifiers have advanced built-in vehicle air purification systems that trap and neutralise harmful pollutants in the cabin air. They not only remove pollutants and allergens from the air, but also eliminate unpleasant odours, protecting the health of both driver and passengers. If it made you curious about smart air purifiers, you must read this full blog.

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