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Commercial ​Taxi Insurance Online

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Taxi Insurance Online​​​​​​​​​​
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Existing policy with Reliance?

 

Commercial Car (Taxi) Insurance

Between the honks and the unending hustle-and-bustle of the city, driving a taxi becomes a cumbersome task. You need to focus on the road, the steering wheels, and the special instructions of your customers. It becomes really difficult to get hold of everything without losing your cool and this leads to untoward situations and accidents. But, don’t you worry! We are here to help you in the hour of need. Get your taxi insured with Reliance Taxi Insurance and drive confidently in your future rides.

You should also keep in mind that your taxi is exposed to extreme wear and tear as it runs more than an average private car. As a result, the statistical risk of an accident increases.​ Also, you must know that it is mandatory to have a valid taxi insurance policy if you drive or own one.​​​

​How Can a Taxi Insurance Help You Save Time and Money?

In the present era, when you transact online, date online, stream videos online, why are you still buying insurance offline? Unlike traditional insurance policies, Reliance Taxi Insurance policy does things differently, which makes a significant difference for you! Here are a few benefits of our taxi insurance:​

  • We have coverage for variety of situations
  • Online policy issuance without any paperwork
  • Our claim settlement process is simple and hassle-free
  • We reward you for safe driving
  • We offer end-to-end online taxi insurance policy renewal​
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Important Taxi Insurance Terms to Know

Information is the key to make the right decisions. To ensure that you make an informed purchase, we have explained the essential taxi insurance concepts right here:​

IDV

The IDV (Insured Declared Value) is the current market value of the car which is calculated after deducting the depreciation amount. It is a crucial component of the taxi insurance policy as it determines the amount of compensation. In case of theft or total destruction of the vehicle, the IDV is offered as "Sum Insured".

No Claim Bonus

When you don't file a claim during your policy period, you will be eligible for a discount on your next premium which is referred to as a No-Claim Bonus. This discount will keep increasing progressively for each claim-free year until the car insurance premium is reduced up to 50%.

Here is a table to explain NCB discounts:

​​​ No. of Year​sDiscount
One claim-free year20%
Two consecutive claim-free years25%
Three consecutive claim-free years35%
Four consecutive claim-free years45%
Five consecutive claim-free years​​50%

Why You Need Taxi Insurance


Not sure if you need car insurance? Numbers don’t lie! The poor road conditions and a blatant disregard for traffic regulations make Indian roads one of the most dangerous in the world.


car insurance  - road accident statistics

What Does Taxi Insurance Policy Cover?

When you buy a taxi insurance policy, it is important for you to have the facts so you can make an informed decision. Having a knowledge of your coverage will help you avoid unanticipated expenses and provide you with maximum peace of mind. Have a look at the coverage offered with this policy:

a. ​Loss or damage to your vehicle due to:​

  • Riot, strike
  • Earthquake
  • Malicious act
  • Inundation cyclone, hailstorm, frost
  • Terrorist activity
  • Landslide, rockslide
  • Accident (external means)
  • Fire explosion, self-ignition or lightning​
  • Burglary, housebreaking, theft
  • ​Flood, typhoon, hurricane, storm, tempest

​b. ​Third-party car insurance​, which protects you against losses that occur due to bodily injury or death to a third party or any damage to that person’s property by use of your insured vehicle.


What Does Taxi Insurance Policy Not Cover?

As much as we would like to cover all possible risks, certain situations are just not possible. We like to maintain absolute transparency with our customers. So here's what we don't cover in this taxi insurance policy:

  • Loss or damage due to war or nuclear risks.
  • Deductible as stated in your policy.
  • Loss or damage due to ionizing radiation.
  • Vehicle driven by someone other than the driver, as stated in the 'Driver's Clause'.
  • Accidental loss, damage or liability occurring outside the defined geographical area for the vehicle.​
  • Vehicles being used other than in accordance with the limitations as to use. For example, if you use a private vehicle for commercial purposes.
  • Consequential loss - if the original damage causes subsequent damage / loss, only the original damage will be covered.
  • ​​
*T&C apply. For more details on risk factors, terms conditions, brochure, and exclusions, please read the policy wording carefully before concluding a sale. ​​Details mentioned here are for the product- Reliance Commercial Vehicles Package ​​Policy, UIN-​IRDAN103RP0012V02100001.

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PCV Insurance Reviews and Ratings

Average Rating:

4.4(Based on 42 ratings)

Showing 10 reviews

  • “The buying was process was very easy and quick”

    I purchased a travel insurance policy for my solo trip to Dubai. The buying was process was very easy and quick. Will buy again for my next trip.

    Dr. Mishra27 June 2017, Delhi
  • “Reliance travel insurance helped us get some emergency cash”

    We had a visit to Thailand and we lost some money while travelling. Reliance travel insurance helped us get some emergency cash and have a good vacation.

    Zara P20 June 2017, Kochi
  • “Thanks to Reliance Travel Insurance”

    On my recent trip to Bhutan the flights were cancelled and we had to wait an entire day. Thanks to Reliance travel insurance my flight expenses were covered and I did not have to worry about the loss.

    Mahit K8 June 2017, Bengaluru
  • “Thanks Reliance General Insurance Team”

    Me and family went on a vacation to Dubai. When we came back home we were shocked to see that our house had a break in and most of our content was robbed. We were glad to have home insurance which got us covered.

    Mirza S8 June 2017, Chandigarh
  • “Reliance Travel policy covered my medical expenses”

    Unfortunately last month while I was on a vacation in Thailand my scooter met with an accident and I had to be hospitalized. My friend had purchased a travel insurance from Reliance policy which covered my medical expenses.

    Dhiraj B6 June 2017, Pune
  • “Helpful Reliance General Team”

    I took a travel insurance a day before i was supposed to fly to Srilanka on a solo trip. Unfortunately, i lost my passport during checks at the airport in Colombo. As soon as i realized i had lost it, i got in touch with the Reliance team and they took care of it. Thanks a lot.

    Chetak P29 May 2017, Bhuj
  • “Claim procedure was simple and quick”

    I was travelling to Singapore few months ago. While planning i came across the reliance travel insurance plan. Fortunately i purchased this plan and the claim procedure was simple and quick.

    Aakash M26 May 2017, Jaipur
  • “Thanks to Reliance overseas travel insurance”

    Long term work related stays come with their share of bouts of sickness. My travel to Singapore was ridden by one where severe pain due to kidney stone hit me hard. Thanks to my overseas travel insurance, I did not hesitate going and seeing a doctor.

    Bansi G18 May 2017, Baroda
  • “Best affordable policy”

    After comparing different Asia travel plans, I found this one to be cheap and best.

    Jyoti K9 February 2017, Punjab
  • “Customer service is good”

    The pricing is competitive and the customer service is good.

    Sharma K8 February 2017, Delhi
  • See all reviews
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