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Motor Insurance Costly By 40%

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Offline Sora

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Motor Insurance Costly By 40%
« on: March 30, 2016, 01:55:49 AM »

Third party Motor Insurance are costly by 40% from 1st April. The insurance regulator has raised premium on third party insurance from April 1 by up to 40% for various segments.

Third party insurance cover is mandatory as per the Motor Insurance act.

Example : Third party motor insurance premium for small cars for 1000 CC and lesser will be Rs 2055 from April  from Rs 1,468 being currently charged.


 

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