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32% vehicles in Kerala currently uninsured, says Transport deptartment

Magma HDI, in the release said that low insurance awareness has been cited as one of the key reasons for low insurance penetration

cars, auto
Press Trust of India Thiruvananthapuram
1 min read Last Updated : Dec 23 2023 | 10:25 AM IST

Thirty-two per cent of vehicles in Kerala are currently uninsured, posing a threat to several lives, state Transport Commissioner, S Sreejith has said.

Sreejith said the Motor Vehicle Department was making all-out efforts to achieve complete insurance coverage for all vehicles.

Sreejith made this statement during a recent Women's Motorcycle Rally as part of the IRDAI mandated insurance awareness drive launched by general insurer Magma HDI at Thiruvananthapuram.

"Putting several lives at huge risk, 32 per cent of the vehicles on the Kerala roads are currently uninsured. In a bid to address this alarming statistic, the Motor Vehicle Department is on an all-out effort to achieve complete insurance coverage for all vehicles," Sreejith was quoted in a release.

Emphasizing the importance of insurance, he said apart from vehicles, people should also be aware of its need for themselves and their assets as well.

Magma HDI, in the release said that low insurance awareness has been cited as one of the key reasons for low insurance penetration.

Amit Bhandari, the Chief Technical Officer of the company said the Women's Motorcycle Rally was a unique blend of empowerment and education.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :KeralaInsurancetransport

First Published: Dec 23 2023 | 10:25 AM IST

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