Liability Only Car Insurance 2024 India

Liability Only Car Insurance 2024 India. It also opens up the space for individuals currently operating outside the regulatory purview. The new proposals, yet to be formalised, introduce several concessions to the earlier restrictive regime.

Morth regulates the base premium rates for motor third party insurance from time to time in accordance with section 147 of the motor vehicles (mv) act, 1988. If you are caught driving without a valid third party car policy in india, you may have to pay hefty fines or face imprisonment as well.