Car Insurance News

IRDA Recommends Increase in Third-Party Insurance Assessment Limit

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The Insurance Regulatory & Development Authority of India (IRDAI) has recently suggested increasing the surveyor’s limit to Rs 50,000 in case ofRead More

ICICI Lombard’s 'Photo Quote' Feature To Simplify Auto Insurance Application Process

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ICICI Lombard has launched an innovative mobile phone app to help customers obtain quotes on motor insurance without filling the cumbersome applicatioRead More

Assocham Report: Motor Vehicle Insurance to touch Rs 38,200 Cr Target

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The direct premium grossed earned by general insurers via the motor vehicle insurance is expected to reach Rs 38,200 crore target by 2017. It will be Read More

Motor Insurance Awareness Campaign Launched By IRDAI

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As a joint effort with Cyberabad Police, the Insurance Regulatory and Development Authority of India (IRDA) has inaugurated third-party motor insurancRead More

Google Launches Car Insurance Comparison Tool for Lucrative Car Insurance

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Google is out with its new tool to help the car insurance buyers by comparing various car insurances and providing latest and accurate information aboRead More

IRDA Proposes to Hike 3rd Party Auto Insurance Premiums

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IRDA drafted a proposal to increase the premium rates of the third party motor insurance for the fiscal beginning from April 1, 2015. According to theRead More

Why Car Insurance Companies Fear Long Weekends and Holidays

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According to a recent study, car insurance claims see an unprecedented rise during a holiday or long weekend. The primary reason behind this is reckleRead More

Usage-Based Motor Insurance Receives Lukewarm Response in India

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Costs more than traditional insurance, say present policy-owners. Recently, many general insurance companies have run Usage-Based Motor Insurance (UBRead More

No Claim Bonus Can Get You Lower Premiums on Auto Insurance

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Did you know you can lower premium on your auto insurance with No Claim Bonus (NCB)? And this can save you good money, perhaps to buy a new car next yRead More

CCI Takes on Car Makers

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Orders of Competition Commission of India (CCI) have been welcomed by the officials of non-life insurance companies by slapping a heavy fine on 14 carRead More

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