Traffic violation to be linked to motor insurance premiums3 min read 11 Sep 2019, 10:37 PM IST
Breaking traffic rules may affect your motor insurance premiums
Once this rule comes into effect, even the smallest of violations could affect the premiums
Soon you won’t just get away by paying a fine when you violate a traffic rule; it will also have a bearing on your motor insurance premium. About a week after the government implemented the Motor Vehicles Act, the Insurance Regulatory and Development Authority of India (Irdai) formed a nine-member working committee to examine linking premiums with traffic violations.
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