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You may have to pay more for violating traffic rules soon. Here's why

UPDATED: January 19, 2021 16:11 IST Vehicles that have collected higher penalty points for traffic violation in the past two years will have to pay more towards motor insurance premiums. (Photo: PTI/Representational image) A working group committee appointed by the insurance regulator IRDAI has recommended introducing a new section in motor insurance premiums for reducing traffic violations. The committee recently submitted its draft report on the prospect of linking motor insurance premiums wi...
Third Party National Informatics Centre Insurance Information Bureau Of India Motor Insurance Traffic Violation Premium Own Damage

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