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UNINSURED VEHICLES IN INDIA
No insurance, no fuel? Supreme Court proposes pilot project, extends tenure of third party insurance cover for new vehiclesThe Supreme Court has proposed new measures to address widespread non-compliance with mandatory motor insurance laws. Automatic e-challans ...
SC proposes no fuel for uninsured vehicles, seeks tech-driven road safety overhaulThe Supreme Court has directed the Centre to design a pilot project denying fuel to uninsured vehicles. This initiative aims to improve roa...
Supreme Court orders automatic challans for uninsured vehicles using cameras as over 50% are found uninsuredSupreme Court orders cameras to identify uninsured vehicles and issue automatic e-challans, tightening enforcement of mandatory vehicle ins...
Irdai told to draw up plan to make 3rd-party cover must for fuel purchaseThe Supreme Court ordered Irdai to pilot compulsory third-party insurance for fuel purchases. New four-wheeled vehicles will require four y...
Third party premiums take the wheel in motor cover growthTP premiums rose 9.3% in FY26, compared with 9% growth in OD, taking overall motor insurance expansion to about 9% on an estimated base of ...
Non-life insurers told to work closely with states, build trust"Today, 55% of vehicles on the road across categories including two-wheelers are uninsured," said Deepak Sood, a member of the Non-life Ins...
Uninsured cars may soon face a huge hike in penaltyIn a bid to enhance road safety, the Ministry of Road Transport is proposing significant amendments to the Motor Vehicles Act. The Centre p...
Half of India’s vehicles still uninsured, says New India Assurance chiefDespite data availability, nearly half of India's vehicles are uninsured, posing risks, according to New India Assurance CMD Girija Subrama...
Refuse fuel to uninsured vehicles, suggest insurersThe proposal was part of the presentation made during 'Bima Manthan', organised by insurance regulator, the Insurance Regulatory and Develo...
Implement law on compensation to accident victims : Delhi HC to CentreThe court's order was passed on a petition by the legal heirs of a deceased accident victim, who sought compensation for themselves as well...
Motor insurance showing signs of recovery post-Covid: CARE RatingsThe agency expects motor insurance premiums to grow at around 6% to 8% driven by any increase in third party insurance rates and higher aut...
Around 57% of vehicles in India uninsuredWeak enforcement by traffic police in states, lack of follow-up by insurers and rising cost of third-party covers has resulted in a larger ...
Stiff fines drive third-party motor insurance businessInsurers said that the stricter enforcement of penalties by the police has led to this massive surge in customers buying mandatory third-pa...
Demand for motor cover spikes on penalty fearsThe cost of insurance is less than penalties under the new Motor Vehicles Act.
3-year third-party insurance premium at car registration?A parliamentary standing committee had recommended to the government to consider a framework to make third-party insurance a one-time affai...
A 3-year motor cover may save you many a hassle: ExpertsOther than the possible discounts on premium, a two-wheeler rider can avoid having to renew the cover every year by opting for a 3-year dea...
Up to 35 per cent cars on roads without insuranceWith advancement in printing technology, it is possible for fraudsters to replicate policies of existing companies, helping them get throug...
- Motor Insurance Bureau to keep tab on uninsured vehicles
The database will also be shared with local police authorities as well as regional transport authorities so that they can take appropriate ...
- General insurers to set up Motor Insurance Bureau
The General Insurance Council along with general insurers are working on establishing a Motor Insurance Bureau (MIB).
- An SMS could end your vehicle's insurance-free ride
IRDA is deploying technology which will enable a simple SMS query to ascertain whether a vehicle is insured or not.