Pay through your nose for Traffic Violations! Your auto insurance premium set to be hiked I All details explained
Get ready to pay higher premium for traffic rules violations! The insurance regulator IRDAI has prepared a formula for to be slapped on those violating rules and fixing insurance premium in its final report. First region to come under this scheme is Delhi NCR, but before you start rejoicing too much, know that new rules will apply soon enough across the country.

IRDAI working group has prepared a full report on Insurance premium. The Insurance Information Bureau will provide data from the State Traffic Police to Insurance companies: Reuters