Vehicle Insurance

Uncontested facts can't be disputed in appeal

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

Shriram General Insurance bets big on EVs, join hands with several OEMS

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

Motor insurance picked up pace, grew neck and neck with health in H1FY23

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

Vehicle's FC, permit not renewed; insurer still has to pay compensation: HC

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.

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

Govt notifies new vehicle insurance rates, will be applicable from June 1

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

Bad news for vehicle owners as third party premium to be hiked from Jun

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

Get car engine insurance to keep you afloat during rains, say experts

Roadside assistance and outstation emergency add-ons are useful

Enforced bumper-to-bumper cover won't work logistically or economically: HC

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

Walmart-backed payments firm PhonePe launches vehicle insurance service

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

Air India Express plane, which overshot runway, was insured for $50 mn

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

Dealing with Covid-19: Keep your vehicle in good shape during lockdown

Fill fresh engine oil and coolant before you store it away

Bundled or standalone: Which vehicle insurance policy should you buy?

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

Motor vehicle insurance firms seek more time to comply with SC orders

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

SC order to bring down gap between vehicle ownership and insurance

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

Challenges That Indian Commuters Face Daily and How They Can Battle Them

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

Millennials! Here Are 5 Basic Guidelines to Maintain Your Car

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