In India almost all schools use buses for transporting their students and teachers from their residences to school/colleges and vice versa hence having school bus insurance is of paramount importance for all school bus owners as its their liability to make sure everyone travelling in school buses is insured. School Bus Insurance also provide coverage against losses arising out of third party damages or loss of lives of third parties in an accident involving insured school bus.
These are the top 3 insurance plans available online in India
Third Party School Bus Insurance With Restricted TPPD Cover - This type of insurance policy provide coverage for school buses against third party property damages for up to 6000 Rs. Liability Losses such as Deaths/Injuries are covered by an unlimited amount.Basic Third Party School Bus Insurance With TPPD Cover up to 7.5 Lac Rs. - This type of school bus insurance provide Third party property damage cover up to 7.5 lac Rupees & Liability Losses are covered by unlimited amountComprehensive School Bus Insurance - Comprehensive school bus insurance cover includes all coverage provided in basic third party insurance and it also provide coverage to own damages of insured school bus which are not provided in third party policies. So it is always advisable to buy Comprehensive package insurance plan for school buses in India. Comprehensive Policy for school bus covers losses to vehicle in case of theft, accident or any kind of manmade or natural calamities.Content Source - Policymeter.com
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