Since electric cars are more practical and economical, more and more people prefer to purchase them. Despite providing tonnes of benefits, electric cars are still more expensive to insure than those powered by diesel or gasoline. But why are insurance costs for electric vehicles higher than for conventional vehicles? Continue reading to find out the… Continue reading Why Is Electric Car Insurance Expensive?
Day: January 17, 2023
Traffic Challans in Delhi
Delhi has enforced its traffic laws quite strictly, especially after the 2019 Motor Vehicles Act was passed. Since then, harsher fines for traffic offences have been put into effect to mitigate risky and negligent driving in the national capital region. For all the vehicle owners in Delhi, it’s critical to be fully aware of the… Continue reading Traffic Challans in Delhi
How Telematics Changed The Future Of Car Insurance?
Car insurance companies have traditionally determined premiums based on the make, model, age, and other characteristics of the vehicle. Although these have been the standard parameters for many years, the premium price did not take into account the most crucial component. What about the drivers who have received penalties for speeding, more insurance claims, more… Continue reading How Telematics Changed The Future Of Car Insurance?
Impact Of Digitalization On India’s Bike Insurance Market
The process of digitalization has had positive impacts on all sectors of the country and the two-wheeler insurance sector is not an exception. Due to its numerous benefits, digital insurance is now preferred over the conventional offline method of purchasing or renewing two-wheeler insurance plans. With digitalization, two wheeler insurance service providers can offer their… Continue reading Impact Of Digitalization On India’s Bike Insurance Market
Effect Of GST On Motor Insurance Premiums
The Central Goods and Services Act of 2017, generally referred to as the GST, is one of the significant tax developments that occurred after India gained independence. The act will substantially impact a wide range of industries, including the motor insurance industry. The change had a big impact on both the federal and state tax… Continue reading Effect Of GST On Motor Insurance Premiums
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