Motor Insurance Rules

Want a lower motor insurance premium? Watch how (often) you drive

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

Irdai working group proposes 'traffic violation premium' in motor insurance

It will float over own damage and third party sections and can be attached to any section of motor insurance cover bought

Renewing motor policy on time is more cost-effective and hassle-free option

If you let it lapse and renew later, you will lose out completely on the no-claim bonus

Irdai withdraws long-term package covers in motor sector over affordability

Regulator also says insurers are facing issues in offering the product

Tata AIG launches usage-based insurance cover for private car owners

The usage-based private car cover, launched under the Irdai's regulatory sandbox, is more affordable offering customised solution towards one's driving profile apart

Sitharaman's sops likely to spur motor insurance companies' growth

The enhanced depreciation is expected to motivate vehicle makers