India’s New Motor Insurance Rules: Key Updates in IRDAI Car Insurance Guidelines
India’s motor insurance sector is set for a shakeup as the Insurance Regulatory and Development Authority of India (IRDAI) is revisiting a few rules aimed at bringing in more transparency, affordability, and better experiences. The changes are intended to simplify policy structures, improve digital access and bring car insurance more in line with modern driving habits. Whether […]
Understanding Third Party Car Insurance and Why It’s Legally Mandatory
Owning a car brings convenience, independence, and pride. However, it also comes with a responsibility to drive safely and protect others on the road. Accidents, even minor ones, can lead to damage, injury, or financial loss—not only to you but also to others involved. That’s why car insurance exists: to provide financial protection when things […]
Everything You Need To Know About Pay As You Drive (PAYD)
The premium of car insurance policies is constant in fixed packages. The premium largely depends on the car’s make and model, IDV, type of insurance, and tenure. No matter how often you take your car out of the garage or how many kilometres you drive, the premium remains constant. But this changed dramatically, when the […]