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  • Overview
  • Features And Benefits
  • Third-Party Passenger Carrying Vehicle Insurance
  • Comprehensive Passenger Carrying Vehicle Insurance
  • Calculate Premium
  • Save On Premium
  • Renewal Benefits
  • IDV
  • NCB
  • Deductibles
  • Types of Passenger 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 Passenger Carrying Vehicle Insurance Premium Components

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

Passenger 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

Passenger carrying vehicle Own-Damage Premium

Own-Damage Premium

OD premium is a part of the total policy premium, an insured pays to get coverage against various natural and man-made disasters

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 additional protection. The premiums depend on the type of add-on selected by the insured. Some of the popular add-ons are Zero Depreciation cover, Motor Protection cover, Roadside Assistance and Tyre Protection cover

Frequently Asked Questions

Will the passenger carrying vehicle cover the passengers on board?

No. Passenger carrying vehicle insurance protects only the vehicle and its owner-driver from damages/losses

Mention some of the add-ons of Shriram Passenger Carrying Vehicle Insurance online?

  • Zero Depreciation
  • Motor Protection
  • Roadside Assistance
  • Return to Invoice

What are the factors that determine a Passenger Carrying Vehicle Insurance premium calculation?

Shriram Passenger Carrying Vehicle Insurance premium calculation is based on various factors, such as policy type, coverage, add-ons and policy period

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Blogs

active vs passive adas systems

Active vs Passive ADAS Systems

Posted on 2025-05-09 12:21:16

Modern automobiles are more than machines; they are intelligent road companions. With India's increasing traffic, erratic driving habits, and accident rate, advanced driver assistance systems (ADAS) are becoming essential rather than optional. However, not all systems operate in the same manner. While some actively work to prevent collisions, others protect you in the case of one. Every Indian driver of today has to understand both active and passive safety. This information may be just as crucial when selecting your next car as mileage or engine specifications. Let's look at the differences between active and passive ADAS and how they work.

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Every time you drive in India, you're a part of one of the world's busiest road networks. The facts are clear: according to the Ministry of Road Transport & Highways (MoRTH) Road Accidents in India 2022 Report, over speeding was the primary cause of more than 70% of the 1.68 lakh road accident deaths that occurred in 2022. Road safety regulations must be followed regardless of whether you drive occasionally or on a regular basis. These 10 key safety tips are especially for Indian drivers. Read on to know more.

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With increasing traffic, unpredictable road conditions, and varied terrain, driving in India demands more than just good reflexes—it requires reliable vehicle safety systems. Two unsung heroes of modern car safety are the wheel speed sensor (WSS) and the anti-lock braking system (ABS). When combined, they improve your car's braking efficiency and overall safety. This blog discusses wheel speed sensors, ABS, their functions, and their importance, particularly on Indian roads.

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