Motor Insurance News
Insurers make up add-ons to entice customers into paying more for car insurance
Several general insurers now offer extremely competitive pricing and high discounts on their basic products and make up the ticket size through add-ons and value-added features.
7 min read24 Mar 2025Rahul Matthan: Data-rich insurance models could fail beyond a point
Policies that track individual risk profiles too closely, as today’s data trackers enable, could result in punitive premiums and may end up squashing the very idea of risk pooling—the basis of this industry.
4 min read4 Mar 2025Third-party vehicle insurance: Insurers in distress over three-year rate pause
India’s insurance regulator hasn’t changed the policy rates for third-party vehicle insurance for nearly three years, even to adjust for inflation. Insurance companies now say they might instead chose to focus on other segments that make more business sense.
4 min read3 Mar 2025The Road Ahead: 4 trends revolutionising motor insurance you can't ignore
The motor insurance industry is transforming due to technological advancements, evolving consumer expectations, and sustainability.
3 min read25 Sep 2024Should courts do the math? Reducing the judiciary's burden in motor insurance claim settlements
Cases often drag on for at least four years on average before they are resolved in a Motor Accident Claims Tribunal.
3 min read19 Sep 2024Beyond medical emergencies: General insurance products you need to invest in for a stress-free life
As insurers continue to expand the general insurance landscape with tailored non-life insurance products, more Indians ought to enhance their financial protection against a wide range of non-life risks in order to lead a stress-free life.
3 min read7 Apr 2024What are the types of motor insurance claims and how to claim them?
Although motor insurance has several benefits, navigating coverage and claims can be challenging due to evolving regulations, technological changes, and the potential for even minor discrepancies to result in claim rejections.
3 min read1 Oct 2023How to file insurance claim for your car damaged due to floods? A step-by-step guide
It is imperative to refrain from starting the engine of a flood-damaged car right away. Doing so can cause further harm, which may not be covered by your insurance policy.
2 min read20 Jul 2023Flood strikes North India: Why is a comprehensive motor insurance crucial during such natural disasters?
Motor insurance provides financial protection against flood-related perils such as waterlogging, engine damage, electrical system failures, and other losses resulting from immersion in water.
2 min read15 Jul 2023Why should you buy pay-as-you-drive car insurance? Here are 3 reasons
Vehicle insurance might seem a burden to you, but when you meet with an unfortunate accident, it becomes a saviour for your car. In this article, we will explain to you the pay-as-you-drive policy.
2 min read9 Dec 2022Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared