Auto Insurance Online, Buy 3 Wheeler Insurance Policy in India

What is Auto Rickshaw Insurance?

Passenger Carrying 3W or auto rickshaw insurance policy is a type of commercial insurance covering three-wheeler vehicles that carry passengers for hire or reward. This cover kicks in when there’s an accident, or damage due to a natural disaster. In addition to covering your vehicle, it also protects you against third party - personal and property – damage.

Who should buy Auto Rickshaw Insurance?

If you’re a rickshaw owner, you legally must have at least third-party insurance in India to do business. But of course, it’s always best to have comprehensive insurance (covering damage to your vehicle + third party liability). After all, a rickshaw will be more prone to accidents since it gets used more. Having a comprehensive commercial vehicle insurance coverage for your rickshaw will also ensure protection for the passengers travelling in your vehicle.

Features of Zuno Auto Insurance

Accidental Loss/Damage

This policy covers loss or damage to your vehicle due to an accident or any natural disaster like a flood, storm etc

Third Party Cover

Covers your liability towards a third party (bodily injury and death) and their property.

Personal Accident Cover

If you’re the owner-driver, stay covered while driving the rickshaw.

Why should you buy Zuno Rickshaw Insurance?

A Zuno Rickshaw auto insurance policy gives you more than just the compulsory third-party cover. It offers complete protection against the financial burden of replacing a lost vehicle or repairing a damaged one. When you buy a policy from Zuno, you get covered by a company that understands your unique needs and is there for you 24/7.

Plans available under Zuno Rickshaw Insurance

Third Party Rickshaw Insurance

This policy is compulsory by law. Under this cover, any liability towards a third party loss - personal and property - will be covered. Any loss or damage to your rickshaw is not covered

Package/Comprehensive Rickshaw Insurance

This is the one you should be taking! In addition to third party damages, any damage or loss to your rickshaw will also be covered.

What is covered by Zuno Rickshaw Insurance?

Loss or damage to the rickshaw due to any accident
Theft of your rickshaw
Damage due to Act of God perils
Damage due to riots, strikes and other manmade disasters
Personal Accident cover for a paid driver, for a reasonable extra premium
Your legal liability for the damage to a third party (bodily injury/death) or their property, by your vehicle

What is not covered by Zuno Rickshaw Insurance?

Consequential loss
Depreciation and routine wear and tear
Mechanical and electrical breakdown
The vehicle being driven: - Outside the geographical area mentioned - By a person other than the driver stated in the Driver’s clause - By a person without a valid license - By anyone under the influence of drugs or liquor
War and nuclear risks
*PLEASE READ THE INSURANCE POLICY DOCUMENTS FOR MORE INFORMATION.*

Why Zuno? We keep it simple!

We settle claims quickly.

We turn things around fast, without any hassles

Minimum documents

Both while issuing your policy and settling your claim

How do I claim with Zuno Rickshaw Insurance?

Step 1

Had an accident? Call us on our Toll Free number 1800 12000 or paid landline 022 423 12000

Step 2

We’ll need a few details , so you will want to keep your documents handy

Step 3

Sit back and relax while we settle your claim

Step 4

Already moved your vehicle to the workshop? That's perfectly OK! Simply call us and we'll guide you with your claim

Making sense of common insurance jargon

IDV (Insured Declared Value)

This is the maximum Sum Assured on your policy. This gets fixed at the start of your policy and is the maximum amount that can be paid for a claim

NCB (No Claim Bonus)

That’s what they call the discount you get on your renewal premium, if you haven’t claimed in the past year For the first claim-free year, you can get a 20% discount. It can go up to 50% if you don’t claim for 5 years in a row

Depreciation

The steady decrease in the value of your vehicle over the years. When you buy a policy, your vehicle’s value is figured out based on its depreciation. Older the vehicle, higher the depreciation

What are the factors that affect the premium?

Cubic capacity of the engine

Higher the cubic capacity of your vehicle, more is the premium, since a vehicle with higher engine capacity will be more prone to accidents.

Insured Declared Value

This value is calculated after deducting depreciation from the market value or invoice value of your vehicle.

Registration location

A higher premium is charged if your vehicle is registered in Zone A cities (Metros). The higher vehicle density in these cities raises the risk of accidents.

Rickshaw / Auto Insurance FAQ’s

Is there anything specific that my insurance policy doesn’t cover?

The policy doesn’t cover the wear and tear of vehicle parts and damage caused to your vehicle due to war and nuclear perils. Don’t forget to check the inclusions and exclusions in your policy for the specifics.

What is the maximum NCB that I can avail of ?

The highest NCB you can enjoy will be a 50% discount on your Own Damage premium. Of course, this only applies if you have not made a claim in the previous 5 years.

How do I make a claim?

Simply call us on our Toll free number 1800 12000 or our Paid landline 022 423 12000, or email us at support@hizuon.com and we’ll guide you through everything.