Relief to motorists! Third-party insurance premiums unchanged for 2019
IRDA's decision comes as a welcome surprise for customers as the market anticipated a rise of 20-30% in insurance rates this year.
Last Updated: March 29, 2019 | 19:15 IST
The Insurance Regulatory and Development Authority of India (IRDA) announced Thursday that the motor third-party insurance premiums for bikes, cars and commercial vehicles would not be increased for this financial year.