Insurance Premium Calculation

Understanding how Car Insurance Premiums are Calculated in India?

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Introduction When you purchase a car, car insurance is not just a legal requirement, it’s also crucial for protecting your vehicle against potential risks such as accidents, theft, or damage. However, one of the most commonly asked questions is: How is the car insurance premium calculated? The calculation of a car insurance premium in India…

Third-Party Insurance Coverage car accident

Third-Party Insurance in India: Everything You Need to Know

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Introduction Owning a vehicle in India comes with several responsibilities, and one of the most important is having valid insurance. Among the different types of car insurance, third-party insurance stands out as the most essential since it is legally mandatory under the Motor Vehicles Act, 1988. Whether you drive a car, bike, or commercial vehicle,…