It is expected to be a bumper festive season for the Indian passenger vehicle market. About 1.3 million people are likely to drive home their dream cars during the August-November period – which accounts for the key festivities – generating a turnover of more than ₹1 lakh crore for the industry, according to industry estimates. …
While the Motor Vehicles Act, 1988 mandates third-party coverage, having a comprehensive policy is recommended for vehicle owners. The reason is simple. With a comprehensive policy, you get coverage against third-party liability and the damages that your vehicle might suffer in an accident or due to any natural and man-made calamity. With comprehensive motor insurance …
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