Thursday, March 5, 2020

IRDAI proposes to hike third-party insurance premium for cars, two-wheelers for FY 2020-21

However, as per the release issued on March 5, 2020, a discount of 15% is proposed for electric private cars, electric two-wheelers, electric Goods carrying Commercial Vehicles and electric passenger carrying vehicles. Apart from this, a discount of 7.5 percent on motor third party premium rates for hybrid electric vehicles is also proposed.

from Personal Finance News-Wealth-Economic Times https://ift.tt/2TDuOIU

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