Insurance Issue of the Week

Fortnightly Insurance Issue -55

Registration of Commercial vehicles –Goods/Passengers Carrying vehicle 

Any violation of MV Act can amount to repudiation of the Insurance claim.  All commercial vehicles are to be registered with Local RTO and all these vehicles are attached with the different types of axles i.e,. Rear/Front/ Any other/Tandem axles. Every Commercial vehicle will have minimum two axles.  Any additional axles more than 2 should be declared in the form 20 while registering the vehicles and the same is to be endorsed in the Registration Certificate (RC). (Kindly check RC of any commercial vehicle where there is provision to endorse for any additional axles). But it is observed no owner is insisting to endorse the additional axles in RC which is violation of provisions of the MV Act and the Insurer will not hesitate in repudiating the claim for this violation.

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