New Delhi, May 18 -- I own a small logistics business and recently purchased a light commercial vehicle for city deliveries. Since this is my first commercial vehicle, I'm not very familiar with how motor insurance works in terms of pricing, coverage, and claims.

How is insurance for light commercial vehicles structured, and what factors influence the premium for vehicles used for daily city deliveries?

I'm also unclear about the add-ons available for commercial vehicles and how useful they are in real-world situations. As a small business owner who depends on this vehicle for regular income, what covers and add-ons should I ensure so that downtime due to accidents or breakdowns does not m impact my earnings?

For small logistics busine...