Exclusive: Big relief for new vehicle buyers! No hike in third party insurance premiums!
In a big and exclusive breaking news, Zee Business’ Anurag Shah revealed to Managing Editor Anil Singhvi today that third party insurance for motor vehicles is not likely to rise in near term. This would be a big relief for new vehicle buyers as every year, the premiums rise as much as 20-30 per cent, Shah said. The news also brings relief to automobile companies
The third party insurance renewal saw a dip of about 50 per cent for the April-May months - one of the main triggers for this move, Anurag Shah says