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Tag: motor insurance

firecrackers
As India prepares for Diwali this October, the streets will glow with lamps, sweets will be exchanged, and fireworks will light up the night sky. But with these fireworks comes
insured? not if you break the law
Insured? Not if you break the law!

By: Insurancepe July 3, 2025

In a landmark decision, the Supreme Court of India recently ruled that insurance companies are not liable to pay compensation for the death of a driver if the accident was
TGSRTC
The incidentIn 2021, Srinivasa Rao, a manager at Shriram City Union Finance Ltd., was fatally struck by a speeding Telangana State Road Transport Corporation (TGSRTC) bus. He died on the
war
Does your insurance cover War?

By: Insurancepe May 16, 2025

In light of the recent tensions along the India-Pakistan border, a question that has come up time and again is: Does insurance cover war-related damages? Let’s break it down by
Claims data 2024
Concerning claims payment data 2024

By: Insurancepe January 4, 2025

The Insurance Regulatory and Development Authority of India (IRDAI) has revealed concerning data for FY2024: nearly one-third of all registered insurance claims remain unpaid. This includes over 3 crore claims
Tesla and its insurance struggles
Tesla and its insurance struggles

By: Insurancepe September 20, 2024

Tesla Insurance, launched in 2019, was Elon Musk’s bold step into the motor insurance market, offering Tesla owners tailored policies with potential savings of up to 30%. The idea was
Deductible and excess
Deductible vs Excess? Compulsory vs Voluntary?

By: Insurancepe August 30, 2024

Be it motor, health or property insurance, you have probably encountered the terms excess and deductible at the time of buying your insurance policy – or, at the time of
Vehicle or Car? Loss or damage?
So, you are sure you understand every term/phrase used in your motor insurance policy? What if we said that you do not? VEHICLE OR CAR: The term vehicle or car
‘Loss or Damage’ to your insured vehicle?
We already know that motor insurance is compulsory by law. People pay thousands of rupees towards premiums to comply with this legal requirement. We also know the phrases: Comprehensive and
Claim intimation in motor insurance
A statement in the motor insurance policy wording reads: “this policy and the schedule shall be read together and any word or expression to which a specific meaning has been