Auto Insurance

Pay As You Drive (PAYD) is a "usage-based" car insurance

Insurance providers can deny a claim if the damage falls outside the coverage provided by the policy

Centre may also come up with a plan to provide third-party insurance cover for motor vehicles when they are impounded by traffic police or transport department officials

Amongst the states, Maharashtra continues to occupy the top spot followed by Tamil Nadu, Karnataka, and Uttar Pradesh in motor business for insurers.

Will hear the General Insurance Council on September 13

The Madras High Court order on making bumper-to-bumper insurance cover for all new private cars sold from September 1 may not stand legal scrutiny: Experts

Payments can be made till April 21; for motor the relaxation is only for third-party insurance

From fixing the demand slump to unleashing a micro-loan revolution in the country and Vodafone's India woes, here's a selection of Business Standard Opinion pieces for the day

Avoid comprehensive products that offer long-term own damage and third-party liability

Follow the criteria laid down by insurance companies to ensure that your claim gets honoured