Motor third party liability tariffs to be revised in India
India's insurance regulator is planning to revise the motor third party liability tariffs. The price increase is of 5.3% for popular cars below 1000cc.
For this same category of vehicles, the tariffs for the three-year policies will be of 15% higher. Vehicles of 1000cc to 1500cc will have a 5% rate increase. For the 1500cc and luxurious cars, the rate remains unchanged.
The new motor third party liability pricing would to come into effect on 1 April, 2020.
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Fri, 13/03/2020 - 15:22
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