If you own a motor vehicle, you must be aware that it is compulsory to have third-party (TP) insurance—Section 146 of the Motor Vehicles Act, 1988, mandates the TP cover. It is also known as ‘act only ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Michael Logan is an experienced writer, producer, and editorial leader. As a journalist, he ...

As a former claims handler and fraud investigator, Jason Metz has worked on a multitude of complex and multifaceted claims. The insurance industry can be seemingly opaque, and Jason enjoys breaking ...

Your car or bike insurance premiums are unlikely to go up due to any hike in third-party motor premium rates this financial year. The Ministry of Road Transport and Highways (MoRTH) has proposed to ...

Motor insurance policy is undeniably an indispensable requirement for all vehicle owners in India. The policies offer financial coverage against risks like accidents, damage or theft, and even ...