Commercial Vehicle Insurance:
A commercial vehicle, whether a goods carrying commercial vehicle(GCCV) or passenger-carrying commercial vehicle (PCCV) they are valuable asset you own. That's the reason your commercial vehicle needs to be secured. And, for this, you need to have a comprehensive policy for complete protection. Not only covers you against the third party liability but the damages caused because of fire, theft, external explosion, self ignition, lightning, burglary, riots, strikes, earthquakes, flood, cyclones, accidents, malicious acts.
There are some key benefits of commercial vehicle insurance that needs to be undertaken by you i.e. hassle-free claim settlement. This insurance of the commercial vehicle covers the asset from the damages and losses occurred because of the third party.
To keep your business running smoothly commercial vehicle insurance is important for every heavy vehicle owner. Whether you run just one vehicle or an entire fleet of commercial vehicle insurance is mandatory for both the cases. Commercial vehicles like buses, trucks, autos, taxis that carry goods as well as passengers need the correct insurance policy without a doubt.
With SGI Phils. commercial vehicle policy you get a comprehensive package for complete safety that will not only cover own damage but third party damages/liability also.