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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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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
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What is Goods Carrying Vehicle Insurance?
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Over 60 Lakh Happy Customers

Over 60 Lakh
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Why Choose Shriram Goods Carrying Vehicle Insurance?

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
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Shriram Goods Carrying Vehicle Insurance Coverages

Goods carrying vehicle Third-Party Coverage

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

Goods carrying vehicle Own Damage Coverage

Own Damage Coverage

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

Goods carrying vehicle Comprehensive Coverage

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

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

01

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

02

Selection of Add-ons

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

03

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

04

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

05

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 ?

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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.

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Good

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very good

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Blogs

Role of AI in Claim Approvals and Fraud Detection

Role of AI in Claim Approvals and Fraud Detection

Posted on 2026-01-13 10:36:54

Every policyholder wants faster claim approvals, but traditional setups often take days or even weeks to process and make claim-related decisions. Thankfully, it is changing with AI claims processing. AI is helping insurers review claims and assess the submitted details to make faster decisions. It also helps insurers find the authenticity of filed claims. AI evaluates the policyholder’s past records and identifies unusual patterns that human reviewers might have missed. Surprisingly, AI in insurance claims benefits both insurers and genuine policyholders. This blog shares a deep dive into AI’s role in insurance claims and AI fraud detection, so read until the end.

Eco-Friendly and Sustainable Materials in Car Accessories

Eco-Friendly and Sustainable Materials in Car Accessories

Posted on 2026-01-12 11:00:30

The thought of contributing to environmental challenges disturbs every car owner who cares for the planet. It’s one of the key reasons many individuals now prefer investing in eco-friendly car accessories. In fact, two-thirds of consumers are now sustainability-minded drivers who would prefer car accessories made of eco-friendly materials over synthetic ones. If you own a car and want to lower or offset your carbon footprint and improve your health by limiting synthetic materials, consider investing in accessories made from sustainable materials. In this blog, we’re listing popular materials, associated car accessories, and more, so you know what to look for during purchase.

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.

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