News From Press Centre proposes to keep vehicle insurance premium unchanged for most categories

Centre proposes to keep vehicle insurance premium unchanged for most categories

Source: ET Jun 20, 2023

The centre has proposed keeping the rates of motor third party premium unchanged, across most categories, for the financial year 2023-24. According to a draft notification for the same, slightly lower insurance premium rates have been proposed for three-wheelers in both electric and conventional rickshaws.

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