Third party insurance can be expensive, these may be the new rates

According to media reports, private cars of 1,000 cc to 1,500 cc may have to pay a premium of Rs 3,416 as compared to Rs 3,221.

According to media reports, third party motor insurance premium for various categories of vehicles.

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According to media reports, private cars of 1k cc to 1.5k cc may have to pay a premium of Rs 3,416 as compared to Rs 3,221.

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For a car above 1,500 cc, the insurance premium may have to be paid Rs 7,897 instead of Rs 7,890.

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In the case of two-wheelers, a premium of Rs 1,366 may have to be paid for vehicles ranging from 150 cc to 350 cc.

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At the same time, the insurance premium for vehicles above 350 cc can be Rs 2,804.

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After a moratorium of 2 years due to the coronavirus pandemic.

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The revised TP insurance premium will be deemed to be applicable from April 1, 2022.

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