Why do premiums for motor insurance vary on different sites?2 min read 27 Oct 2022, 10:11 PM IST
Motor insurance has broadly two components. These are own-damage, and third-party liability. The third-party liability premium is the same for a particular vehicle across all insurers. The own-damage section premium can vary across insurers and intermediaries for a variety of reasons
I plan to buy a motor insurance cover. However, when I checked on different aggregators’ websites, I saw different rates. Why do motor insurance premiums vary at every broker and aggregator website?
Select your Category