In February, Mumbai Police busted a gang that sold over 800 bogus motor insurance policies to gullible two-wheeler owners over two years. With premiums shooting up after long-term third party covers were made mandatory, frauds offering “cheaper” alternatives are also on the rise. We tell you how not to fall prey to such rackets.
The modus operandi
The frauds usually call two-wheeler owners claiming to be motor insurance agents. They promise heavy discounts on premi ..
