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Bad News for Vehicle-owners as Third-party Premium Hiked from 1st June - Vimarsana News

Bad News for Vehicle-owners as Third-party Premium Hiked from 1st June

Some bad news for the vehicle owners already affected by the accelerating fuel price increase.

Motor 3rd Party Insurance Premium Hiked - Read New Rates - Vimarsana News

Motor 3rd Party Insurance Premium Hiked - Read New Rates

From June 1, 2022 onwards, the motor third party liability insurance premium has been jacked up by the central government despite the portfolio being hugely profitable for the insurers.

Source: ummid.com
Bad news for vehicle owners as third party premium hiked from June 1 - Vimarsana News

Bad news for vehicle owners as third party premium hiked from June 1

Some bad news for the vehicle owners already affected by the accelerating fuel price increase.

Third party motor vehicle insurance to not increase from April 1: Report - Vimarsana News

Third party motor vehicle insurance to not increase from April 1: Report

As per a draft notification, the government has also proposed a 15 per cent insurance premium for electric vehicles and 7.5 per cent for hybrid electric vehicles.

Source: india.com
Motor Third Party premium upward revision may not happen on April 1 - Vimarsana News

Motor Third Party premium upward revision may not happen on April 1

There is some good news for the vehicle owners and buyers. The unjustified motor third party premium hike may not happen on April 1 as expected by the non-life insurers but later in that month.The Ministry of Road Transport and Highways on ...