Curb your motor insurance costs
With the IRDA raising third party motor insurance premiums, motor insurance costs have risen. In times of high inflation, this is an added burden on vehicle owners. However, there are…
Discounts galore as carmakers look to beat sluggish demand
Manesar plant is hiring: Maruti Carmakers including Honda Siel Cars, Tata Motors, Ford India and Maruti Suzuki are offering discounts worth up to around Rs 60,000 in a bid to…
Insurance companies cannot reduce death compensation for earning family members: HC
An insurance company cannot argue that dependents are earning members, when it comes to pay death compensation for an insured person, observed the Gujarat high court.
Road mishap victim awarded over Rs 25 Lakh compensation
Family members of a 28-year-old youth, mowed down by a rashly driven truck which also injured his father and brother in the road mishap, have been awarded a compensation of…
Insurance company fails to properly assess loss, told to pay up
National Insurance Company Limited, Sector 17-D, Chandigarh, has been directed to pay Rs 1,24,951, following a consumer complaint over the amount accessed by the company as insurance claim in lieu…
Discounts on own-damage motor policies lowered down by 20%
Non-life insurers have lowered discounts on commercial and private own-damage motor policy by as much as 20%, as third-party motor risk moves to "declined pool". Insurance regulator Irda recently formed…
Now, road-accident victims can get insurance details of vehicles online
Victims of road-accidents can now access the insurance policy details of the vehicle involved with a click of a mouse.
Tranfer of Insurance must for filing a claim under Motor Insurance
IN Chandigarh a women  who did not get the insurance policy of the car transferred in her name after buying it from the original owner has lost her theft claim. The…
Motor Insurance Claims : Forum directs Insurance Co to pay compensation
Accusing an insurance company guilty of unfair trade practice, the consumer forum directed it to pay the insured amount of the car to the complainant. Besides, the forum has also…
Common forum for insurance claims a boon
The common mechanism for settlement of motor third party claims initiated by PSU insurance companies – National Insurance, New India Assurance, Oriental Insurance and United India Insurance – has been…