Motor insurance

While insurance costs for EVs in the UK are already high, Chinese EVs face additional hurdles due to parts availability issues and lack of manufacturer documentation for repairs. (Photo is representational)

Chinese electric vehicles face insurance challenges in UK. Here's why

1 min read . 10 Mar 2024

Insurance regulator IRDAI has floated a draft on Long-Term Motor Products covering both Motor Third Party Insurance and Own Damage Insurance. (HT_PRINT)

Insurance regulator proposes 3 years cover for cars, 5 years for two-wheelers

1 min read . 08 Dec 2022

IRDAI has permitted general insurance companies to introduce tech-enabled concepts for the Motor Own Damage cover including Pay As You Drive and Pay How You Drive. (PTI)

Pay as you drive, how you drive: IRDAI's new motor insurance rules

1 min read . 07 Jul 2022

TVS Motor has reacted to the third-party motor insurance rate hike. It feels the hike will impact the two-wheeler business in India.

Third-party motor insurance rate hike to hit two-wheeler business: TVS Motor

1 min read . 31 May 2022

New cars and bikes will cost more as third-party insurance rates hiked from June 1. (MINT_PRINT)

Third-party motor insurance to increase from tomorrow: Things you should know

1 min read . 31 May 2022

A working group at IRDAI has suggested introduction of 'Traffic Violation Premium' in addition to own damage and third party and other types of motor insurance premium. (ANI)

IRDAI group suggests introduction of Traffic Violation Premium

4 min read . 19 Jan 2021

Bajaj Dominar 400 bike pictured.

Essential factors to consider when renewing your bike insurance

1 min read . 06 Jul 2020

The insurance regulator has withdrawn long-term motor insurance policy from August 1. (File photo)

IRDAI withdraws long-term vehicle insurance: What it means for customers

1 min read . 10 Jun 2020

The app helps policyholders save on premium by selecting the kilometres-driven, promotes safe driving, works as anti-theft device as it comes with a GPS-based tracking facility. (File photo) (REUTERS)

Multiple companies launch 'Pay as You Drive' insurance plan for private vehicles

2 min read . 05 Jun 2020

The industry body AIMTC said that transporters are reeling under severe financial stress. (PTI)

No money to pay EMIs. Truckers body may 'stop running vehicles' soon

1 min read . 22 May 2020

The policy allows insurance premium based on a pre-declared vehicle usage for a period of one year. (Bloomberg)

Pay as you drive: This company launches motor insurance based on distance driven

2 min read . 29 Apr 2020

File photo used for representational purpose only. (AP)

Motor insurance expiring soon? Government extends deadline amid lockdown 2.0

1 min read . 16 Apr 2020

File photo (AFP)

Motor insurance premium deferred amid national lockdown due to coronavirus

2 min read . 02 Apr 2020

FILE PHOTO: Cars are seen parked at Maruti Suzuki's plant at Manesar, (REUTERS)

Insurance premium on your cars, two-wheelers could go up by more than 10%

1 min read . 06 Mar 2020

Image used for representational purpose.

Stay safe, pay less: Motor policies may soon reward careful driving

6 min read . 28 Nov 2019