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Govt hikes motor insurance rates. Find how much you will have to pay

Govt hikes motor insurance rates. Find how much you will have to pay: The cost of car insurance for a four-wheeler and two-wheeler owners is set to rise starting June 1 this year. The speculation comes as the ministry of road transport and Highway (MoRTH) announced in a notification that the third-party motor insurance price for certain kinds of vehicles will increase with effect from June 1. The decision is likely to raise the cost of vehicles and two-wheelers, giving vehicle owners in India yet more reason to be concerned. A litre of petrol costs roughly Rs 100       Read More