Understanding DVMTR Insurance Policy for Truck Owners: Coverage and Claims Explained

“Better safe than sorry,” as the saying goes, and this holds especially true for truck drivers who spend their lives on the road. For them, understanding the DVMTR policy is not just important, it’s a crucial safeguard. DVMTR is more than just insurance; it’s a safety net that allows drivers to confidently navigate every journey.

What is DVMTR? Why is understanding the claim policy important?

DVMTR, or Vehicle Owner’s Civil Liability Insurance, is mandatory insurance for all motorized vehicles in Vietnam, including trucks. By participating in DVMTR, vehicle owners are insured for damages to third parties, both personal injury and property damage, caused by their vehicle during traffic participation.

Understanding the DVMTR claim policy is essential because:

• Avoid unnecessary disputes: In the unfortunate event of an accident, a clear understanding of the DVMTR claim policy helps all involved parties resolve issues quickly, transparently, and avoid unnecessary disputes.
• Protect your rights: Knowing the policy ensures vehicle owners understand the insured scenarios and compensation levels, enabling them to proactively protect their rights.

DVMTR Claim Policy Explained: Key Things to Know

Insurance Liability Limits

The DVMTR insurance liability limit varies depending on the truck’s tonnage:

Covered Scenarios

• Accidents causing personal injury: death, injury.
• Accidents causing property damage: vehicle damage, damage to goods on the vehicle, and other property damage.

Claim Procedures

• Step 1: Secure the accident scene and immediately notify the nearest police authority.
• Step 2: Notify the insurance company within 24 hours of the accident.
• Step 3: Prepare a complete claim dossier as required by regulations.

Important Notes When Participating in DVMTR

• Choose a reputable insurance company: Opt for reputable and long-standing insurance companies in the market such as PVI Insurance, Bao Viet Insurance, etc.
• Carefully read the insurance contract: Before signing the contract, carefully read all terms and conditions, especially exclusion clauses, to avoid regrettable disputes later.
• Renew insurance on time: Vehicle owners should pay attention to renewing their insurance before it expires to avoid interruption of coverage.

Need Support?

Contact XE TẢI HÀ NỘI immediately for detailed advice on the DVMTR claim policy and related services.

• Phone number: 0968239999
• Email: [email protected]
• Address: No. TT36 – CN9 Street, Tu Liem Industrial Zone, Phuong Canh Ward, Nam Tu Liem District, Hanoi.

We are always ready to accompany you on every road!