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Motor insurance

07 Jul 2022

Drive well and pay less insurance premium, IRDAI announces new scheme

IRDAI has announced new scheme to promote road safety Good driving behaviour will result in lower insurance premium Irdai has permitted general insurance companies to introduce tech-enabled concepts

29 Jun 2022

The Dangers of Letting Your Bike Insurance Lapse

Two-wheelers are definitely the handiest and most cost-effective mode of transportation to get you anywhere. However, bikes are also vulnerable to accidents due to various road conditions. Therefore, it is essential to have a valid bike insurance policy before plying your bike on roads. But what happens if you don't renew your bike insurance after it's run out? In this article, we'll discover this.

Third Party Motor Insurance

06 Mar 2022

Centre proposes hike in third-party motor insurance premiums

Taxi, truck and bus owners will have to loosen their purse strings for buying third-party motor insurance. The government also proposed a discount of 15 per cent on the insurance premium for electric vehicles (EVs). Hybrid electric vehicle owners can also avail of a 7.5 per cent discount on the purchase of third-party motor insurance.

24 Jul 2020

Amazon starts selling car, bike insurance in India

Customers can visit the Amazon Pay page or search on the Amazon mobile app or the mobile website to buy car and bike insurance in a few easy steps. Amazon Pay said customers will be able to purchase insurance quickly with no paperwork and Prime members will get extra benefits including additional discounts. One can pay using Amazon Pay balance, UPI, or any saved card.

10 Jun 2020

IRDAI withdraws long-term third party insurance cover for new cars, 2-wheelers

Except for the withdrawal of the long-term package products with effect from August 1, all other extant provisions shall continue.

01 Apr 2016

Car, bike insurance to be costlier from today

Motor insurance premiums, to be effective from today, have been hiked by up to 40 percent.

29 Mar 2016

Bad news! Motor insurance premiums hiked by up to 40%

Motor third party insurance is mandatory for vehicles.

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