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Centre proposes to keep vehicle insurance premium unchanged for most categories

one year ago Auto economictimes
Sops which have been continued include a discounted price of 50% of the premium based on the Indian Motor Tariff to a private car registered as vintage car. Another discount of 7.5% on the premium shall be allowed for Hybrid Electric Vehicle. A 15% discount has been provided for Educational institution buses, and for Electric vehicles over comparable fossil fuel run ones. Read more at: economictimes

Tags : Third Party Insurance Insurance Tariff Premium indian motor tariff vehicle insurance premium insurance companies Hybrid Electric Vehicle electric rickshaws Two-wheelers

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