Driving without valid insurance can invite heavy fines or even legal action
The National Commission ruled that the insurance policy is deemed to be automatically transferred to the purchaser when the vehicle is registered in their name
While traversing a flooded road, water can enter engine, causing damage. This is usually not covered by comprehensive policies. To get this coverage, customers need to buy the engine protection cover
Autotech and financial solution provider CarDekho Group is eyeing over 40 per cent consolidated headline growth in FY25 and is on the prowl for value-accretive acquisitions, chief executive and co-founder and Shark Tank India judge Amit Jain has said. Jain who leads CarDekho and is a familiar face on the business reality series Shark Tank India told PTI in an interview that the automobile marketplace (CarDekho) has been profitable for years now and hoped that profitability at a group level would come by in FY25, after which an IPO would follow. Jain described CarDekho as a "growth story with sustainability" and said the Group expects to notch 50 per cent growth (CAGR) in the current fiscal, with businesses like InsuranceDekho (insurtech platform) and Southeast Asia Business aiding growth. The South East Asian market (Indonesia, the Philippines, and Malaysia) is yielding strong numbers, he said, adding that the company is evaluating the Middle East market (UAE and others) as the next
Our best stories this week explain how to review a key component of your financial portfolio and how to invest in art
The insurance add-on launched for private cars, covers expenses incurred in the repair/replacement of the batteries and any associated charges due to unexpected power surges while charging
Do not start a flooded car as it could cause further damage that may not be covered by your motor policy
It is important for policyholders to understand that standard car insurance policies might not provide adequate coverage for specific monsoon-related perils
There are many different types of car insurance policies available, each with its own set of coverage options. It is important to choose a policy that meets the needs of the car owner
EVs are expensive but economical on the long run; they are likely to become more popular as charging infra improves
Between 2011 and 2020, more than 300,000 vehicles were stolen in the national capital
Business Standard brings you the top headlines at this hour
To safeguard your vehicle against a cyclone, supplement a comprehensive motor policy with a couple of add-ons
The National Commission observed that possession of a vehicle cannot be given legally without also handing over the registration and insurance documents
Older policies of three and five years will continue till expiry
However, it said specific cases would be considered on merit
With motor insurance premiums set to rise, opting for a voluntary deductible will reduce costs
The idea behind such policies seems to be - lower the mileage, lower is the probability of an accident