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Motor Insurance

Higher motor insurance premium this year if more than 2 traffic challans levied last year? Here’s what experts say

Proposed rules linking traffic violations to higher insurance premiums are under consideration at present. Stricter rules for traffic violations are also being proposed. Experts anticipate that premiu

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Motor Insurance

Why your EV insurance premium is costlier and features you must have in EV motor insurance policy

Electric vehicle insurance premiums are notably higher than those for traditional cars due to EVs’ higher purchase prices and costly battery replacements. Specialized parts, the need for trained techn

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Motor Insurance

Driver’s licence valid 30 days after expiry: Punjab & Haryana HC says insurer must pay compensation for accident

The Punjab and Haryana High Court ruled that a driving license remains valid for 30 days post-expiration under the Motor Vehicle Act. This decision prevents insurance companies from reclaiming compens