Motor Insurance Premium Rates
- All
- News
-
Car & Two-Wheeler Insurance Rates Set To Increase From June 1, 2022
The Central Government approved new base premium rates for third party motor vehicle insurance, which will be applicable from June 1, 2022. These will in turn also hike the prices of all new cars and bikes.
-
Two-Wheeler Insurance Premium Hike To Dent Recovery Process: TVS CEO
In addition to challenges due to the pandemic, the ongoing semiconductor chip shortage, high raw material cost and increasing fuel prices have impacted demand.
-
IRDAI To Keep Third Party Motor Insurance Premiums Unchanged For All Vehicles In FY'21
The support will have a multiplier effect as increase in premium would have resulted into thrice the increase as buyers are now required to pay a onetime premium for three years.
-
IRDAI To Lower Third-Party Insurance Premium On Small Cars From April 1
IRDAI released an exposure draft on premium rates for motor third-party insurance for 2018-19 fiscal year and have requested stakeholders to comment on the new proposal till March 22.
-
IRDAI to Hike Motor Insurance Premium Rates From April 1
Effective from April 1, the decision will affect the insurance cost of both cars and bikes by up to 40 per cent.
-
Car & Two-Wheeler Insurance Rates Set To Increase From June 1, 2022
The Central Government approved new base premium rates for third party motor vehicle insurance, which will be applicable from June 1, 2022. These will in turn also hike the prices of all new cars and bikes.
-
Two-Wheeler Insurance Premium Hike To Dent Recovery Process: TVS CEO
In addition to challenges due to the pandemic, the ongoing semiconductor chip shortage, high raw material cost and increasing fuel prices have impacted demand.
-
IRDAI To Keep Third Party Motor Insurance Premiums Unchanged For All Vehicles In FY'21
The support will have a multiplier effect as increase in premium would have resulted into thrice the increase as buyers are now required to pay a onetime premium for three years.
-
IRDAI To Lower Third-Party Insurance Premium On Small Cars From April 1
IRDAI released an exposure draft on premium rates for motor third-party insurance for 2018-19 fiscal year and have requested stakeholders to comment on the new proposal till March 22.
-
IRDAI to Hike Motor Insurance Premium Rates From April 1
Effective from April 1, the decision will affect the insurance cost of both cars and bikes by up to 40 per cent.
