New Delhi, Jan. 30 -- India's logistics and transportation sector is undergoing a rapid transformation. With faster economic growth, expanding infrastructure, and booming e-commerce activity, freight movement across the country has increased significantly.

Trucks, lorries, and other commercial vehicles are operating more frequently, travelling longer distances, and carrying higher-value cargo than ever before. While this growth is a positive sign for trade and industry, it has also led to a notable rise in commercial vehicle insurance costs.

As freight demand rises, so do risks related to accidents, cargo damage, theft, and third-party liabilities. Insurers are responding to this changing risk environment by recalibrating premiums, tigh...