Car, truck insurance premiums set to go up

Your car/truck insurance bills are set to go up. This could happen as insurance companies may hike premiums by as much as 40 per cent for commercial vehicles and 10 per cent for two-wheelers and personal cars to compensate for high claims in the motor insurance business. Read more

Royal Sundaram Alliance Insurance launches Commercial Vehicles insurance online

Royal Sundaram Alliance Insurance Company Limited, in its endeavor to offer customer convenience, successfully launched its commercial vehicle insurance on the online platform. The service will enable customers to buy and renew service of Commercial Vehicle insurance on www.royalsundaram.in Read more

General Insurance Plan: MOTOR INSURANCE from Shriram General Insurance

Please be informed that Third Party Motor Insurance is compulsory!!!

Under the provisions of Motor Vehicles Act, all vehicles that ply in public places must have an insurance policy that at least covers “Third Party Liability” as specified under the Act. Read more

IRDA notifies new rates for Motor Insurance Third Party Liability Only Cover

IRDA CIRCULAR: The Authority refers to the Exposure Draft on Review of Motor Insurance Premium rates for Third Party Liability Cover dated 4th January 2011, which was published in its website. Subsequently on receiving responses on the exposure draft, the Authority held series of discussions with the Transporters’ Associations and Insurers. Read more