Govt. to Increase Third-Party Car Insurance Premium Rates

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The Union Government along with IRDAI has proposed a notification to revise the rates of Third Party motor insurance premium for the financial year 2022-23. Electric vehicles, which were introduced to the market in the last few years, will also witness a revision in their base premium rates.

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#TP price for less than 1000 CC cars. All savings are provided by insurers as per IRDAI approved insurance plan. Standard T&C apply.

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