EMERGENCY services were called to the Middle Road, Tapnell, near Freshwater to reports of a collision involving two cars and a bus.
Firefighters, the ambulance service and police were called at 8.37am.
Firefighters cut the roofs from two cars to free drivers trapped in the crash but students on a school bus, which was involved,escaped injury.
The two cars were in collision at Middle Road, Tapnell, near Freshwater, soon after 8.30 this morning.
Firefighters, the ambulance service, the Hampshire and IW Air Ambulance and police were called at 8.37 this morning.
No details were available of the extent of injuries but police closed the road and put diversions in place.
SouthernVectis confirmed a stationary school bus was damaged when two carscollided first before one struck the offside of the bus.
"Fortunatelynone of the pupils on the way to Carisbrooke College were injured butthey were shaken up by the crash," said a bus company spokesman.
"Another bus took them to the school where they were met by teachers.
"It is thought one of the cars was attempting to pass the bus when it was struck by the oncoming vehicle."
*A spokesman for the Isle of Wight NHS Trust said: "We can confirm thatthe Isle of Wight Ambulance Service deployed two ambulances and anambulance manager in a car to the scene.
"Two helicopters were activated but one was stood down.
"One casualty has been transferred by road from the scene to St. Mary's Hospital, Newport.
"One casualty is being transferred by helicopter from the scene to University Hospitals Southampton
"No children on the school bus were injured."