Page 48 - Insurance Surveyors Book Ebook IC S01

Survey And Loss Assessment IC-S01

2. Motorcycles/Scooter: Mechanically propelled two wheelers with or without side

car, mechanically propelled three wheelers with engine capacity not exceeding 350

cc.

3. Commercial Vehicles: Goods carrying vehicles: These were classified under the MV

Act 1939 as "Private Carrier" and Public Carrier. The Motor Vehicles Act (of 1988)

does not have this category. Now under the MV Act, goods carrying vehicle is called

"Goods Carriage" and there is no categorization of public carrier and private carrier.

They are still classified as public & private carrier for rating purposes.

Trailers : Any truck, cart, carriage or other vehicle without means of self-propulsion

including agricultural implements drawn or hauled by self-propelled vehicle. Trailers

can be covered under Motor Policies in the following ways:

i) Policy Covering the Vehicle which will tow the trailer may be extended to cover the

Trailer(s) or

ii) A separate policy is issued to cover trailer(s) at the prescribed rates, subject to the

Trailer and the Towing Vehicle being insured on identical terms with the same

Company.

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