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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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Covering competition | USC Gould School of Law

Covering competition | USC Gould School of Law
usc.edu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usc.edu Daily Mail and Mail on Sunday newspapers.

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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
indiagazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiagazette.com Daily Mail and Mail on Sunday newspapers.

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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 premiumMotor third party insurance coverDevelopment authority of indiaRoad transportLiability rulesFinancial yearInsurance regulatoryDevelopment authorityGoods carrying commercial vehicles

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

(This story has not been edited by THE WEEK and is auto-generated from a PTI

New delhiDevelopment authority of indiaMotor third party insurance coverMotor third party premiumRoad transportLiability rulesFinancial yearInsurance regulatoryDevelopment authorityGoods carrying commercial vehicles

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