Big Update for Vehicle Owners: Third-Party Motor Insurance Costs Likely to Rise Soon
Vehicle owners across India may soon face a hike in their annual expenses, as the Insurance Regulatory and Development Authority of India (IRDAI) has proposed a significant increase in third-party (TP) motor insurance premiums. The regulator has suggested an average hike of 18%, with some vehicle categories potentially seeing a jump of up to 25%, … Read more
