Cheapest third-party insurance increases!
Wage creatures who are tormented that everything except wages are rising. It could be the center .. it could be the state .. it is a situation where there is no reduction except to increase everything. It is well known that third party motor insurance is mandatory for any vehicle. In view of this it was decided to increase its premium up to date. With this .. cars .. insurance premium to be paid to two wheeler will increase. These new prices will come into effect from june 1.
Kovid imposed a two-year moratorium on third party motor insurance. Recently decided to raise premium rates now. In this context it has now become a question of how much extra load any vehicle will take. If you look at this calculation ..
- If the third party premium charged so far for vehicles with 1000 - 1500 cc is Rs. 3222 .. it has been decided to change it to Rs. 3416 now.
- In the case of a two-wheeler, it has been charged
- In the case of freight vehicles, vehicles carrying between 12,000 kg and 20,000 kg will be charged Rs.
- It has been decided to increase the third party premium for vehicles carrying goods above 40,000 kg from Rs.41561 to Rs.44242.
The Center has decided to increase the third party premium for conventional vehicles. At the same time, it has given a 7.5 per cent discount on the premium paid for hybrid electric vehicles. A premium of Rs 1780 has been fixed for electric private cars not exceeding 30 KW. The premium for cars between 30 KW - 65 KW has been fixed at Rs 2904. It is to be said that a 15 per cent discount has been given to the buses of educational institutions to provide some relief.