Before purchasing your dream car, it’s important to know the latest advancements in the world of auto insurance. Some of these features can minimise your insurance premium and provide better coverage.
The Concept of Motor Insurance is constantly evolving. The advent of technology has created a relentless pace for the insurance fraternity to rise up to interesting yet challenging demands of the millennials.
As a step towards facilitating technology-enabled covers, Irdai has permitted general insurance companies to introduce tech-enabled concepts for the OD surface, including Pay as You Drive and Pay How You Drive, reports PTI.