Documents Required for Commercial Vehicle Insurance Claims

Before filing a commercial vehicle insurance claim, ensure that you have all of the necessary documents. Keeping them on hand will reduce your stress and provide a more efficient filing experience. It is critical to understand the types of documents required and the procedure for filing the claim.

When To File Commercial Vehicle Insurance Claims?

If you are confused about when to file a commercial vehicle insurance claim, follow these simple steps: 

• If there's been an accident with physical injuries, your first call should be to your motor insurance provider. This is especially important if there are injuries or a collision. Before you file any claim, take a moment to check the total damage according to your vehicle insurance policy. Most motor insurance policies include coverage for collisions and accidents.

• If your commercial vehicle gets damaged, the process works a bit differently. When the damage is to someone else's car or vehicle and you're not at fault, your insurer will handle any legal or financial issues through third-party liability insurance.

Documents Required For Commercial Vehicle Insurance Claims

Getting your commercial vehicle insurance claim sorted doesn't have to be a headache. Here's a simple list of what you'll need to have ready when you file a claim formotor insurance online.

First, the basics everyone needs:

• Insurance proof (policy document) with policy number

• Car's engine and chassis numbers

• Details about the claim – where it happened, the date and time

• Your car's current kilometer reading

• A claim form that you've filled out completely

• A copy of your vehicle's registration certificate (RC)

• A copy of your driving licence

If there was damage to someone else's property, or if someone got hurt or worse, you'll also need a copy of the police FIR. Depending on what kind of claim you're making, there might be some extra paperwork:

For accident claims, the garage or dealer will need:

• Police FIR

• Tax receipt

• The repair estimate from wherever you're getting the work done

• The original repair invoice and payment receipt (just the invoice if it's a cashless claim)

• A signed claims discharge voucher with a revenue stamp

• Where to inspect the vehicle, if it's not at the nearest garage

If your vehicle was stolen:

• Your tax payment receipt

• Details about your previous insurance – policy number, which company, when it was valid

• All sets of keys, service booklet, and warranty card

• Forms 28, 29, and 30

• A letter of subrogation

• A signed claim discharge voucher with revenue stamp

For third-party claims:

• Your signed claim form

• Police FIR copy

• Driving licence copy

• Policy copy

• RC copy

• A stamp if the vehicle is company-registered.

How to file commercial vehicle insurance claims 

If you're in an accident with a commercial vehicle, here's what you need to do:

1. First, call the police right away. You'll need a police report to start your insurance claim. The police will come to the scene, check the damage to your vehicle, and handle the official paperwork.

2. Next, contact your insurance company as soon as you can. The more details you can share about what happened, the smoother your claim will go. They'll tell you what documents you need to get started.

3. Take pictures or videos of the accident scene. Get shots of any damage to your vehicle and any injuries. Also, write down the other vehicle's details and the contact information of everyone involved.

4. Have your policy information ready. This includes your policy number, when and where the accident happened, and who to contact. Having this information handy will make the whole process much easier.

5. Finally, submit all the required documents and wait for your insurer to approve everything. Once they verify your claim, they'll process it. It's a good idea to read through your policy ahead of time so you know what's covered and what's not. Understanding your coverage will help you know what to expect when it's time to settle your claim.

Conclusion 

Buying your motor insurance online and not having the required documents will definitely hamper your commercial vehicle insurance renewal experience. So be a wise policyholder and keep your documents ready.