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motor insurance News
IRDAI may hike third party insurance premium for cars, two-wheelers in FY20
Wed, Jun 05, 2019
Third-party insurance premium for cars, two-wheelers and transport vehicles may go up with the regulator Insurance Regulatory and Development Authority of India (Irdai) proposing substantial increase in premium rates for the current financial year
Third party motor insurance may further hit Auto sector; Find out reasons
Wed, May 22, 2019
Insurance regulator IRDAI's proposal to increase third party (TP) motor insurance from 10 to 20% on different segment will come into effect immediately after election results.
Third party motor insurance premium to go up, IRDAI revises rate card
Tue, May 21, 2019
The insurance regulator has proposed to increase TP premium rates for cars below 1000 cc to Rs 2,120 from the existing Rs 1,850 for the financial year 2019-20.
Slow auto sales decline in the number of motor insurance
Mon, Apr 22, 2019
In this segment of Zee Business, watch why Slow auto sales led decline in the number of motor insurance?
Income tax returns (ITR) filing: Is there any tax benefit on Motor insurance? Surprise answer here
Wed, Dec 19, 2018
Well, customers can claim tax exemption for premium paid on motor insurance as well. However, there is a small catch.
Kerala flood motor insurance: How to file insurance claims; check time limit too
Thu, Aug 23, 2018
If your vehicle has been damaged in a flood and you are wondering about the extent of coverage and the claim procedure, read on:
You may have to pay more for new motor insurance
Wed, Jul 25, 2018
This festival season, along with your new motorbike or car, you will be able to buy insurance for five years for two-wheelers and two years for cars. However, it is yet to be seen whether this will be a comprehensive policy or only third-party insurance.
Motor insurance claims: Insurers prefer online claim settlement; here is why
Mon, Jul 16, 2018
Getting your car or two-wheeler repaired after an accident can be cumbersome- so could getting the claim approved. The regular process of submitting the claim documents, to your insurance company, waiting for the inspection and getting the claim approved could take a couple of days.
Getting insurance for your car? Know about motor insurance and it's basics
Fri, Apr 13, 2018
It is very important to know about car insurance before you buy a vehicle. However, just as you need to check a few things about the car that you are about to purchase, there are also certain things that you need to keep in mind before you buy motor insurance.
'Govt should reduce GST on insurance sector to 10-12%'
Sun, Jan 21, 2018
The company is hopeful of 10% premium growth with underwriting correction measure solvency margins to reach 1.8 by March 2018
Here are the positives and pitfalls of the Motor Vehicle Bill passed in Lok Sabha
Tue, Apr 11, 2017
The provisions of the Bill talk about improved citizen centric services, reducing the number of accidents and several steps proposed to reduce the footfalls to regional transport offices (RTO).
Irdai proposes hike of up to 50% in motor insurance premium
Mon, Mar 06, 2017
The hike in insurance premium proposed in mid-segment cars (1000-1500cc) as well as bigger cars and SUVs is 50%.