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Third Party Motor Insurance
Third Party Motor Insurance News
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.
Third Party Motor Insurance
12 Jan 2022
Third-party motor insurance premiums could hike in 2022: Report
Insurance firms have sent a proposal to the Insurance and Regulatory Development Authority of India. Insurance companies were planning to increase the premiums of third party motor insurance before the pandemic. About 25 General Insurance firms are reportedly hoping to receive a nod from IRDAI to hike the premiums.
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