Motor insurance

Car Insurance, Swiftcover

Cover to drive other cars only applies if it’s shown in Section 5 of your Swiftcover certificate of motor insurance, and the cover provided is limited to third party only. We’ll increase your No Claims Discount (NCD) for every claim-free period of insurance you have with Swiftcover. Remember, your NCD is not transferable to another person – except in exceptional circumstances and with our written agreement. Head to your personal online account and make your changes there. It's secure, fast and easy. And it's free of admin fees. If you add or change a driver, it could result in your premium rising or going down. The new price will be worked out in an instant online. Keep...

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Motor policies may soon reward careful driving

Insurance providers can incentivize good driving habits by offering discounts on the premium (Photo: iStock) Motor policies may soon reward careful driving 6 min read . Updated: 27 Nov 2019, 10:56 PM IST Disha Sanghvi New Irdai draft proposes technology to monitor driving that may help customize cost Irdai suggests simpler method than the current one for the calculation of depreciation and the sum insured In its latest draft guidelines, the regulator has revisited the own-damage cover of a motor insurance policy and has recommended the adoption of telematics—a technology that helps monitor on-road conditions, speed of the car and others— which will pave the way for customized pricing....

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The great motor insurance rip-off: Profits jump 1,300pc for insurance firms -

The great motor insurance rip-off: Profits jump 1,300pc for insurance firms Insurance companies have enjoyed a profits surge from covering homes, drivers and businesses. Profits have jumped by a staggering 1,300pc, despite the country being gripped by an insurance crisis. New figures from the industry show 17 general insurers in this market made combined operating profits of €227m in 2017, the latest date for overall data on the sector. These profits were up from €16m in 2016, according to Insurance Ireland - equal to a rise of 1,318pc. Motor cover proved hugely profitable in 2017. The 17 domestic non-life insurers made combined profits of €125m from private and commercial motorists. From...

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Motor insurance losses for general insurers to pile up in H2 -

The loss ratio in motor insurance segment is likely to rise for the general insurance sector in H2 FY20. A dip in automobile sales and inadequate premiums in the non-life industry has led to loss ratios going up to almost 200 percent in the business. Loss ratios are an indicator of the underwriting performance of an insurance company. If the loss ratio is below 100 percent, it means that the premium collected is adequate to pay claims. If it is above 100 percent, it is an indicator that there is a mismatch. Last year, loss ratios had crossed 150 percent due a series of flood-related claims. The rise in catastrophic events-led losses has already led to the rise in underwriting losses. For...

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motor insurance — с английского на русский

10 motor car insurance motor insurance 15 motor vehicle passenger insurance См. также в других словарях: motor insurance — ➔ insurance * * * motor insurance UK US noun [U] UK INSURANCE ► CAR INSURANCE(Cf. ↑car insurance) … Financial and business terms motor insurance — Insurance against damage to or damage caused by a vehicle. Also see automobile insurance comprehensive insurance … Dictionary of automotive terms motor insurance — A form of insurance covering loss or damage to motor vehicles and any legal liabilities for bodily injury or damage to other people s property. Drivers have a legal obligation to be covered against third party claims (see third party insurance),… … Big...

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Global Motor Insurance Market - Growth, Trends, and Forecast (2019 - 2024)

NEW YORK, Sept. 11, 2019 /PRNewswire/ -- - The global motor insurance market is estimated to be more than USD 880 billion in 2019, and it is expected to witness CAGR of approximately 6.2% during the forecast period. - Premiums from motor insurance accounted for more than 40% of the overall non-life insurance premiums in 2018. This is expected to increase in the next few years, due to the rising demand from developing countries primarily in Asia. - The mandatory requirement for a vehicle to be insured by various countries across the world, coupled with the estimated increased number of sales of new vehicles, is expected to drive the global motor insurance market during the forecast period....

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Sitharaman's sops likely to spur motor insurance companies' growth, Business Standard News

The motor insurance segment of non-life insurers, which reported the slowest growth in the last five quarters because of negative sales trend in automobiles, may see a revival after finance minister Nirmala Sitharaman’s sops on Friday. The Finance Minister, among other measures for the auto sector, had announced revision of one-time registration fees and bettering infrastructure. She also said a vehicle acquired from now to March 2020 will attract an additional 15 per cent depreciation rate, thereby taking the entire depreciation rate to 30 per cent. The enhanced depreciation is expected to motivate vehicle makers. “This positive measure should lead to tax coming down for client...

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motor insurance - это... Что такое motor insurance?

Смотреть что такое "motor insurance" в других словарях: motor insurance — ➔ insurance * * * motor insurance UK US noun [U] UK INSURANCE ► CAR INSURANCE(Cf. ↑car insurance) … Financial and business terms motor insurance — Insurance against damage to or damage caused by a vehicle. Also see automobile insurance comprehensive insurance … Dictionary of automotive terms motor insurance — A form of insurance covering loss or damage to motor vehicles and any legal liabilities for bodily injury or damage to other people s property. Drivers have a legal obligation to be covered against third party claims (see third party insurance),… … Big dictionary of business and management motor...

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Motor Insurance: Best Motor Insurance Policies Online in India

Unfortunate incidents of road accidents and staggering statistics of gruesome deaths resulting from road rage often make it to the breaking stories or flash news that appear before us during breakfast. When we hear about these events, the lessons we should learn are many: Even if you drive safe on the roads, you are still at risk of being an accident victim. You can effectively dodge such incidents to a large extent by practising defensive driving. If you are setting out to some place where you are expected to reach on time, it is advisable to leave well ahead of time, so that unprecedented events like traffic jams do not delay you. Although the mental agony associated with injuries/loss of...

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Motor Insurance: Compare Motor Vehicle Insurance Policies Online

Motor insurance is a coverage which is bought for cars, trucks and other vehicles that ply on roads. Its main objective is to give complete protection against physical damage or loss from natural and man-made calamities. In India, motor insurance is mandatory to ply a vehicle on road. Motor Insurance can be broadly classified under below heads- Car Insurance: Car Insurance gives coverage against accidental loss or damages to own car or to a third party. While choosing a car insurance policy, a person should always compare premium offered by various insurers to ensure that he got the best deal. The amount of premium would depend on the make & value of car, state from where it is...

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