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Govt Issues Draft Motor Third Party Premium And Liability Rules

Recently, the Indian government introduced new draft rules regarding motor third-party insurance policies. These rules are important for all vehicle owners as they affect the premiums they pay for insurance coverage, especially for cars. Let s understand the details of these rules and what they mean for vehicle owners across the country. ....

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Discount proposed on third party premium for select vehicles including EVs

Discount proposed on third party premium for select vehicles including EVs
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New Delhi , Development Authority Of India , Motor Third Party Premium , Road Transport , Liability Rules , Financial Year , Insurance Regulatory , Development Authority , Vintage Car , Hybrid Electric Vehicles ,

Motor Third Party Insurance Cover: Govt issues draft Motor Third Party Premium and Liability Rules for FY24

As per a draft notification issued by the Ministry of Road Transport and Highways (MoRTH), the base premium rates for Motor Third Party Insurance Cover have been proposed at Rs 2,094 for private cars below 1,000 cc, Rs 3,416 for cars (between 1000-1500 cc) and Rs 7,897 for cars exceeding 1500 cc. ....

Motor Third Party Premium , Motor Third Party Insurance Cover , Development Authority Of India , Road Transport , Liability Rules , Financial Year , Insurance Regulatory , Development Authority , Goods Carrying Commercial Vehicles ,