Journalism of Courage
motor insurance
MOTOR INSURANCE NEWS
Supreme Court decision on motor insurance claims to speed up payouts
March 21, 2025 12:19 am
Currently, insurance companies, when they are supposed to pay a claim, either deposit the sum with the tribunal, or in some small percentage of cases, transfer it to the accounts of the claimants if directed by the tribunal in the award.
Private insurers show 239% jump in motor commission payouts to Rs 16,578 crore
January 11, 2025 10:27 pm
Interestingly, public sector insurers kept away from the ‘commission game’ and reported only 31.59 per cent rise in commission expenses at `3,099 crore in FY2024 as against `2,355 crore in FY2023.
MoRTH likely to delay third-party premium rates for motor insurance
March 27, 2023 6:54 am
According to industry sources, MoRTH will follow the same time line for the new fiscal year which effectively means the new rates will not be effective before June 1.
Rise in third-party motor cover premium rates to partially offset underwriting losses for insurers: Report
June 03, 2022 6:33 pm
Premiums for two-wheeler insurance have risen the most -- by 12-21 percent -- across engine capacities. For private cars, the maximum increase is 6 percent.
‘Technical issue’: Motor third party cover hike to be delayed and revised rates may come into effect after May 15
April 01, 2022 5:36 am
Further, in a bid to promote environment friendly vehicles, the draft notification has proposed a 15 per cent discount for electric private cars, electric two wheelers, electric goods carrying commercial vehicles and electric passenger carrying vehicles.
Important terms in your motor insurance policy that you should know about
March 11, 2022 8:24 pm
Before you buy a motor insurance for your vehicle, you must know all about the important terms associated with it. Here are some lesser-known terms in your policy that you should know about.
How to choose the right motor insurance policy and add-ons for your vehicle
November 11, 2021 5:12 pm
With Covid-19 restrictions easing out, the vehicles are once again back on roads as usual. This might be the best time for you to re-evaluate your vehicle insurance needs.
No claim bonus an important factor in your motor insurance policy
October 22, 2021 6:15 pm
As things become expensive with each passing year, the No Claim Bonus actually makes sure that your insurance policy premium becomes more affordable every time you renew it.
Prepare your vehicle for the upcoming monsoon season with important add-ons
August 06, 2021 6:25 pm
To make sure that your vehicle does not suffer any major damage due to waterlogging across the city, it is important that you do all major checks before taking the vehicle out.
Lessons to learn from first wave of COVID-19 pandemic
May 13, 2021 1:58 pm
Numerous people bought a term or health insurance policy fearing they might get infected with the virus anytime and may need hospitalisation or probably even die if the conditions worsen.
Advertisement
Best of Express
EntertainmentVicky Kaushal and Katrina Kaif name their son Vihaan, share first pic: 'Our Ray of Light'
EntertainmentVijay film Jana Nayagan postponed 'due to unavoidable circumstances': 'New release date will be announced at the earliest'
TrendingYouTube channel mints $1 million with just one video in 9 years—of a fireplace burning for 10 hours
TrendingBengaluru creator couple’s Rs 47 lakh annual expense breakdown stuns internet; Rs 29 lakh spent only on travel
Advertisement
Advertisement