Challans to make car cover costlier, trial soon in Delhi-NCR
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Such extra premiums would be anywhere between Rs 100 and Rs 750 for two-wheelers, and for four-wheelers and commercial vehicles, it would be in the range of Rs 300 to Rs 1,500, according to the insurance regulator.
Agencies
(This story originally appeared in on Jan 21, 2021)NEW DELHI: With the insurance regulator planning a “traffic violation premium” to rein in errant drivers, a year-long pilot project would be launched soon in Delhi linking vehicle insurance premiums to traffic violations committed in the last two years. To begin with, the vehicle owners of Delhi and adjoining areas in the NCR would be the first ones to pay the additional premium while renewing their vehicle insurance for violating motor vehicle and traffic rules.