Vehicle Insurance
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Skipping Motor Insurance Renewal? Here's How It Can Cost You More
The biggest casualty of a delayed renewal is 'No Claim Bonus'. A lapsed policy can also trigger a vehicle inspection before a fresh policy is issued.
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1 In 3 Vehicles In Kerala Not Insured, Says Transport Department: Report
Thirty-two per cent of all vehicles in Kerala are currently uninsured, posing a huge threat to lives, state Transport Commissioner, S Sreejith has said.
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Man Paid Rs 46,000 For Insurance Of 7 Cars. Policy Turned Out To Be Fake
The Navi Mumbai police have registered a case against a man for allegedly selling fake insurance policies of vehicles to an automobile parts shop owner, an official said on Sunday.
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How To Check Your Vehicle's Insurance Status?
Are you unsure if your vehicle's insurance is expired or due for expiry in the coming months? Here are a few ways to keep track of your vehicle's insurance!
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Oil prices slump as investors fear Fed rate hikes will hurt demand
Brent crude futures settled at $110.05 a barrel, falling $1.69, or 1.5%. U.S. West Texas Intermediate (WTI) crude futures settled at $104.27 a barrel, down $1.92, or 1.8%.
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What You Need to Know About No Claim Bonus in Vehicle Insurance
According to the 1988 Motor Vehicle Act, vehicle insurance is mandatory for it to be fit for driving on Indian roads.
-
Madras High Court Withdraws Order On Bumper-To-Bumper Insurance
Madras High Court has withdrawn its earlier order directing insurance companies to ensure bumper-to-bumper insurance for 5 years for new vehicles sold from September 1, 2021, after IRDA, others submitted it was impossible to implement the directive.
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Court Puts Order Mandating Bumper-To-Bumper Motor Vehicle Insurance On Hold
The Madras High Court has kept in abeyance, its order mandating "bumper-to-bumper" insurance for five years for motor vehicles, following a submission from the General Insurance Company (GIC).
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Vehicles To Cost More Post Madras High Court's Verdict On 5-Year Motor Insurance: Report
The Madras High Court's recent verdict to make 5-year 'bumper-to-bumper' motor insurance mandatory may increase the cost of vehicle acquisition by 8 to 9 per cent of its current price.
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Bumper-To-Bumper Insurance Mandatory For All New Vehicles From September 1: High Court
Madras High Court has ruled that "bumper-to-bumper" insurance should be mandatory whenever a new vehicle is sold, from September 1. This must be in addition to covering the driver, passengers and owner of the vehicle, for a period of 5 years.
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Vehicle Owners Must Have A Valid PUC Certificate To Renew Insurance: IRDAI
The Insurance Regulatory and Development Authority of India (IRDAI) has advised all insurance companies to ask for valid pollution under control (PUC) certificate from vehicle owners at the time of renewing their motor insurance policies.
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Buying A New Car Or Two-Wheeler To Get Cheaper In India From August 1
Planning to buy a new vehicle? Register it after August 1, 2020, with the on-road prices on cars and two-wheelers set to reduce, as IRDAI reverses its decision for mandatory long-term motor vehicle insurance packages.
-
2 Arrested For Staging Fake Car Robberies To Claim Insurance Money: Cops
Two men have been arrested in Delhi as the police busted a racket that allegedly obtained car loans from banks by producing forged documents and later staged fake robberies to claim the insurance money, police said on Tuesday.
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Cost Of British Car Insurance Rises In Second Quarter-Survey
The cost of an annual comprehensive motor insurance policy in Britain rose 3.5% in the second quarter of 2019, lifted by a rise in the cost of claims, a survey on Monday showed.
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Third-Party Insurance Premium For Cars, 2-Wheelers To Go Up From June 16
Car and two-wheeler insurance to cost more from June 16 with regulator IRDAI increasing the mandatory third party (TP) motor insurance by up to 21 per cent in certain category of vehicles.
-
Skipping Motor Insurance Renewal? Here's How It Can Cost You More
The biggest casualty of a delayed renewal is 'No Claim Bonus'. A lapsed policy can also trigger a vehicle inspection before a fresh policy is issued.
-
1 In 3 Vehicles In Kerala Not Insured, Says Transport Department: Report
Thirty-two per cent of all vehicles in Kerala are currently uninsured, posing a huge threat to lives, state Transport Commissioner, S Sreejith has said.
-
Man Paid Rs 46,000 For Insurance Of 7 Cars. Policy Turned Out To Be Fake
The Navi Mumbai police have registered a case against a man for allegedly selling fake insurance policies of vehicles to an automobile parts shop owner, an official said on Sunday.
-
How To Check Your Vehicle's Insurance Status?
Are you unsure if your vehicle's insurance is expired or due for expiry in the coming months? Here are a few ways to keep track of your vehicle's insurance!
-
Oil prices slump as investors fear Fed rate hikes will hurt demand
Brent crude futures settled at $110.05 a barrel, falling $1.69, or 1.5%. U.S. West Texas Intermediate (WTI) crude futures settled at $104.27 a barrel, down $1.92, or 1.8%.
-
What You Need to Know About No Claim Bonus in Vehicle Insurance
According to the 1988 Motor Vehicle Act, vehicle insurance is mandatory for it to be fit for driving on Indian roads.
-
Madras High Court Withdraws Order On Bumper-To-Bumper Insurance
Madras High Court has withdrawn its earlier order directing insurance companies to ensure bumper-to-bumper insurance for 5 years for new vehicles sold from September 1, 2021, after IRDA, others submitted it was impossible to implement the directive.
-
Court Puts Order Mandating Bumper-To-Bumper Motor Vehicle Insurance On Hold
The Madras High Court has kept in abeyance, its order mandating "bumper-to-bumper" insurance for five years for motor vehicles, following a submission from the General Insurance Company (GIC).
-
Vehicles To Cost More Post Madras High Court's Verdict On 5-Year Motor Insurance: Report
The Madras High Court's recent verdict to make 5-year 'bumper-to-bumper' motor insurance mandatory may increase the cost of vehicle acquisition by 8 to 9 per cent of its current price.
-
Bumper-To-Bumper Insurance Mandatory For All New Vehicles From September 1: High Court
Madras High Court has ruled that "bumper-to-bumper" insurance should be mandatory whenever a new vehicle is sold, from September 1. This must be in addition to covering the driver, passengers and owner of the vehicle, for a period of 5 years.
-
Vehicle Owners Must Have A Valid PUC Certificate To Renew Insurance: IRDAI
The Insurance Regulatory and Development Authority of India (IRDAI) has advised all insurance companies to ask for valid pollution under control (PUC) certificate from vehicle owners at the time of renewing their motor insurance policies.
-
Buying A New Car Or Two-Wheeler To Get Cheaper In India From August 1
Planning to buy a new vehicle? Register it after August 1, 2020, with the on-road prices on cars and two-wheelers set to reduce, as IRDAI reverses its decision for mandatory long-term motor vehicle insurance packages.
-
2 Arrested For Staging Fake Car Robberies To Claim Insurance Money: Cops
Two men have been arrested in Delhi as the police busted a racket that allegedly obtained car loans from banks by producing forged documents and later staged fake robberies to claim the insurance money, police said on Tuesday.
-
Cost Of British Car Insurance Rises In Second Quarter-Survey
The cost of an annual comprehensive motor insurance policy in Britain rose 3.5% in the second quarter of 2019, lifted by a rise in the cost of claims, a survey on Monday showed.
-
Third-Party Insurance Premium For Cars, 2-Wheelers To Go Up From June 16
Car and two-wheeler insurance to cost more from June 16 with regulator IRDAI increasing the mandatory third party (TP) motor insurance by up to 21 per cent in certain category of vehicles.
