Category: Motor Insurance

It’s mandatory, affordable, and your best defence against crippling liabilities.

India’s motor insurance sector is undergoing significant transformation driven by IRDAI reforms, technological advancements, and evolving consumer preferences. These changes include standardized policies, flexible ‘pay-as-you-go’ [Read More…]

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 [Read More…]

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 [Read More…]

Motor insurance premiums involve various factors like payment modes, claim history, and policy purchase method. Choosing strategic options such as spreading payments, leveraging No-Claim Bonuses, [Read More…]

In India, you can easily check your car insurance details online through platforms such as the Parivahan Portal, IIB Portal, mParivahan app, and state RTO [Read More…]

Driving in India without third-party (TP) insurance is illegal and can result in financial burdens if caught without a valid policy. However, even when you [Read More…]

Zero depreciation car insurance ensures that the insurance company does not deduct the depreciation value of car parts while settling a claim.

Driving responsibly is crucial for safety, and third-party car insurance is mandatory in many countries, including India. Lacking this insurance can lead to legal penalties, [Read More…]

Car insurance significantly impacts the resale value of used cars. Factors such as Insured Declared Value (IDV), depreciation, claims history, and the type of insurance [Read More…]