Over the last three years, online motor insurance has witnessed high growth across cities, driven by increasing digital adoption and changing customer preferences. Tier-1 cities, including major metros, have maintained a steady 35 per cent growth, showcasing the consistent reliance on digital platforms for insurance needs. Meanwhile, Tier-2 cities have experienced a significant 70 per … Read more
Many parts of India have been experiencing extreme rainfall, which has led to waterlogged roads and flood damage to vehicles. Having the right insurance plan with appropriate coverage can help cover expenses caused by damage to your vehicle. “It’s important to have comprehensive insurance because third-party cover alone doesn’t offer protection. However, while a comprehensive … Read more
Insurance for electric vehicles: Electric vehicles or EVs are gradually gaining popularity in the Indian market. Official data shows that electric vehicles (EVs) accounted for more than 6 per cent of vehicle sales in India in 2023, with electric two-wheelers (E2Ws) constituting over half of the market. Around 5 years back, it was around 1 … Read more