What Is Covered in Bus Insurance

🚌 What Is Covered in Bus Insurance?

There are two main types of coverage:

✅ 1. Third-Party Liability (Mandatory)

Covers:

• Injury or death of a third party (passenger or pedestrian)

• Damage to third-party property

Required by law for all buses, including school, private, and public transport buses.

✅ 2. Comprehensive Bus Insurance (Optional but recommended)

Includes:

• Own damage (accidents, collisions)

• Fire, explosion, or natural calamities (flood, earthquake, storm)

• Theft or burglary

• Vandalism or riots

• Personal accident cover for the driver/conductor

• Passenger liability cover (for passengers on board)

🧾 Add-Ons You Can Choose:

• Engine protection

• Zero depreciation cover

• Roadside assistance

• Legal liability to paid driver/conductor/cleaner

• Consumables cover (nuts, bolts, etc. during repairs)

💼 Who Needs Bus Insurance?

• School buses

• Private tourist buses

• Public transport buses (state or privately operated)

• Company/staff buses

• Contract carriage buses

📃 Documents Required

• RC (Registration Certificate) of the bus

• Fitness certificate (for commercial use)

• Valid permit

• Previous insurance details (if renewing)

• ID and address proof of the owner

• Driver’s license

💰 Premium Depends On:

• Type of bus (AC/non-AC, seating capacity)

• Usage (school, tourist, public transport)

• Insured declared value (IDV)

• Make & model

• City/zone of registration

• Add-ons selected

🚨 Claim Process (Brief)

1. Inform insurer immediately after an accident or loss

2. File an FIR (if required)

3. Submit documents like:

   • Claim form

   • RC copy

   • DL of driver

   • FIR copy

   • Photos of damage

4. Inspection and repair at authorized garage

5. Settlement of claim

📌 Major Bus Insurance Providers in India:

• New India Assurance

• United India Insurance

• IFFCO Tokio

• Reliance General Insurance

• Tata AIG

• HDFC ERGO

• Bajaj Allianz

Author: Kaushal kumar