United India Commercial Vehicle Insurance
United India Insurance Company limited was found in 1938. It is the most preferred insurer in India with global footprint and recognition. It provides best customer service with its innovative technology and multiple channels. United India Insurance company provides different variety of insurance products to provide insurance cover from bullock carts to satellites.
United India Insurance provides you motor insurance which covers the loss caused to your motor vehicles like car, two-wheeler, commercial vehicle. Almost all United India insurance policy holders like commercial vehicle insurance. Owners of the vehicle and financiers will get the advantage of United India Commercial vehicle insurance. United India Commercial vehicle insurance provides insurance up to 3 years for commercial vehicles.
United India Commercial vehicle insurance Features and Benefits
- It provides personal accidental coverage policy.
- It provides Third party liability coverage.
- It provides an accidental cover with a reasonable cost if your vehicle is disabled on the road due to accident.
- It provides a flat discount of 5% on claim free renewal of United India Two wheeler insurance policy.
- It provides additional cover for the accessories installed in your vehicle like stereos.
- It covers the loss caused due to damage of tyres by paying an extra premium.
- It provides 50% discount on the own damage premium on the vehicles that are specially designed for mentally challenged and blind persons.
- It provides a discount of 331/1% on the tariff rates.
- In United India Commercial vehicle insurance you have the facility to extend the geographical area by paying an additional premium of 500/- per vehicle.
- It provides coverage for electrical and electronic fittings in your vehicle by paying extra premium.
United India Commercial vehicle insurance Coverages
United India Commercial vehicle Insurance Provides two types of coverage facilities they are
- Package policy
- Liability only policy
Package policy:
This policy covers both own damage of the vehicle and third-party liability.
Under own damage of the vehicle this policy covers the loss caused to the vehicle due to
- Accidental by external means.
- Burglary housebreaking or theft.
- Terrorist activity.
- Riot Strike and Malicious damage(intentional damage caused to your vehicle by external means).
- Damage caused due to earthquake, flood and cyclone.
- Damage caused due to landslide or work slide.
- Transit by rail, road, lift or inland waterways.
- This policy also covers the loss or damage to the accessories by burglary or housebreaking.
Under Third party liability coverage it provides
- Liability to third parties bodily injury or death.
- Covers loss caused due to third-party property damage.
- Personal accident cover for the driver or owner for a specified sum insured.
- Provides all costs and expenses incurred with the company’s written consent.
- Claimants cost as decided by the court.
Liability only policy:
- It provides only third-party liability coverage.
- It provides liability to third parties bodily injury or death.
- It covers the Loss or damage caused to the third-party property.
- Claimants cost as decided by the court.
- The insured legal liability for death or bodily injury of third-party.
- Provides all costs and expenses incurred with the company’s written consent.
United India Commercial vehicle Insurance Exclusions
- It does not cover contractual liability.
- It does not cover the loss caused due to war, civil war.
- It does not cover the consequential loss.
- It does not provide compensation more than 500/- for replacement of parts of the vehicle.
- It does not cover the loss caused due to wear and tear, electrical or mechanical breakdown.
- It does not cover the damage caused due to driving the vehicle under the influence of alcohol or drugs.
- It does not cover the loss caused due to nuclear activities.
- It does not cover claims arising outside the geographical area specified in the policy.
- It does not cover claims arising due to usage of the vehicle other than its limitations.
- It does not cover claims arising when the vehicle is driven by a person without having a proper license.
United India Commercial Vehicle Insurance Additional coverages
- United India insurance company will provide compensation up to 2500/- for commercial vehicle if the vehicle is disabled on the road due to an accident.
- It provides an additional discount of 2.5% on own damage premium subject to 200/- on the ARAI approved anti theft devices installed in your vehicle.
- It provides 50% discount on the own damage premium on the vehicles that are specially designed for mentally challenged and blind persons.
- It provides additional discount of 331/1% on the tariff rates if you are using the vehicle with in the insured’s premises.
- You have the facility to extend the geographical area to include Bangladesh, Bhutan, Sri Lanka, Maldives, Nepal, Pakistan by paying an additional premium of 500/- per vehicle.
- It provides an additional cover for electrical and electronic fittings by paying 2% additional premium.
- it provides an additional coverage for LPG/CNG bi-fuel kits by paying 4% extra premium.
- In case of change of ownership you have the facility to transfer the insurance policy within 14 days from the date transfer of ownership.
- A vehicle can be replaced by another vehicle for the balance period of policy.
- It provides additional towing charges to move your vehicle from accidental place to garage.
Rate of depreciation in United India Commercial vehicle Insurance
For all rubber / nylon / plastic parts, tyre and tubes batteries and air bags – 50%.
For fiberglass components – 30%.
For all parts made of glass – NIL.
Rate of depreciation for all other parts including wooden parts will be as per the following table:
| Age of Vehicle | Percentage of depreciation |
| Not exceeding 6 months |
NIL |
| Between 6 months and 1 year |
5% |
| Between 1 and 2 years |
10% |
| Between 2 years and 3 years |
15% |
| Between 3 and 4 years |
25% |
| Between 4 years and 5 years |
35% |
| Between 5 years and 10 years |
40% |
| more than 10 years |
50% |
Sum Insured Declared value(IDV):
The IDV of the vehicle is fixed based on manufacturers listed selling price of the brand and model of the vehicle. It is calculated as manufacturers selling price minus depreciation.
Depreciation for fixing the IDV of the vehicle in United India commercial vehicle Insurance
| Age of the Vehicle | % of depreciation for fixing IDV |
| Not exceeding 6 months |
5% |
| Between 6 months and 1 year |
10% |
| Between 1 year and 2 years |
15% |
| Between 2 years and 3 years |
30% |
| Between 3 years and 4 years |
40% |
| Between 4 years and 5 years |
50% |
Personal accidental cover
The United India Insurance Company pays the compensation for death or bodily injury of the driver/owner of the vehicle.
| Nature of Injury |
Percentage of compensation |
| Death |
100% of sum assured |
| Loss of two limbs,two eyes or one limb and one eye |
100% of sum insured |
| loss of one limb or one eye |
50% of sum insured |
| Permanent total disablement |
100% of sum insured |
| Permanent partial disablement | Pays a certain percentage of sum insured as stated in the policy document |
United India Commercial Vehicle premium and maturity calculator
By using United India Commercial Vehicle Insurance Premium and Maturity calculator we can find the minimum premium has to be paid to buy united India Commercial Vehicle Insurance policy. By using this you can also compare your policy with other policies, and you can choose the policy that met your requirements. you have to give below information to calculate premium.
Vehicle details
- Registration state of vehicle
- Type of vehicle
- Class of vehicles.
- Model.
- Manufacturer.
- Body type.
- registration location.
United India Commercial Vehicle Insurance Proposal form
To buy, United India Commercial Vehicle Insurance policy you have to fill the proposal form and it is to be submitted at the united india insurance policy issuing office. You can also buy united india insurance policy through online.
Download United India Commercial Vehicle Insurance proposal form.
United India Commercial Vehicle Insurance Claim Form
You need to submit duly filled claim form along with required documents to the United india insurance policy issuing office during claim settlement.
Download United India Commercial Vehicle Insurance Claim form.
United India Insurance Customer Care Details
Call center number: 91-044-28520161
Email.id: customercare@uiic.co.in
Contact address:
United India Insurance Co.Ltd,
24, whites road,
Chennai-600014.
FAQ on United India Commercial vehicle Insurance
- What is No Claim Bonus?
Ans: It is an additional discount available on the premium, you will get up to 20% to 50% depending on the claim free years in united india commercial vehicle insurance.
- What is IDV?
Ans: Insured declared value is the sum assured to the insured fixed by the insurer provided on theft or loss of vehicle. IDV is calculated on the basis of manufacturers listed selling price and rate of depreciation.
United India Commercial Vehicle Insurance Documents and Forms
united india commercial vehicle insurance package policy