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 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
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 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 Transportersâ€™ Associations and Insurers. Read more