Vehicle Insurance

The State Commission noted that the supporting documents had not been disputed as being false, and so the surveyor had erred in questioning the theft

Company targets 40% growth in gross direct premium in 2023-24

Motor insurance, which saw muted growth in the last two years, has finally seen some momentum, although the base is low

Karnataka HC has held that an insurer cannot escape the liability of paying compensation even when the fitness certificate and permit of a vehicle is not renewed but the insurance policy is in force.

Floater policies will be cost-effective, provide convenience of renewal at one go for multiple vehicles

A discount of about 15% and 7.5% on the premium has been allowed for electric and hybrid electric vehicles, respectively

From June 1, 2022 onwards, the motor third party liability insurance premium has been jacked up by the central government despite the portfolio being hugely profitable for the insurers

Roadside assistance and outstation emergency add-ons are useful

Withdraws its previous order, entrusts lawmakers to examine need for amendment in law on wide coverage of vehicles so as to protect victims

Firm says users don't need to upload documents before making a purchase and they can view their policy documents instantly

Air India's fleet is insured for around $10 billion and the airline has a liability cover of $750 million

Fill fresh engine oil and coolant before you store it away

If you are buying a car or two-wheeler now, you will need to buy long-term insurance compulsorily, as per a recent Supreme Court order

In May, the court asked the general insurance companies not to sell TP insurance cover to vehicles without a pollution under control (PUC) certificate

The problem at the moment is that insurers have to rethink the structure of their products

A majority of public still spends around 90 minutes every day to travel

They thrive on experiences, they live in the moment, they can multitask, and they are online 24x7.