Of every 100 vehicles plying on Indian roads, 60 are uninsured. While a majority of these are two-wheelers, some commercial vehicles too form part the uninsured list.
This could, however, change over the next couple of years with the creation of an integrated database on vehicle insurance details.
Currently, general insurance companies upload data of insured vehicles on ‘VAHAN’ on a pilot basis.
Once the process of such data upload is complete, it will be easy to start checks for uninsured vehicles, thus improving penetration of motor insurance.
‘VAHAN’ is the national vehicle registry website containing data listed with all the Road Transport Authorities in the country. Auto-makers upload vehicle information like chassis and engine numbers. and other manufacturing details.