• Vehicle Insurance

    How the new bumper-to-bumper vehicle insurance rule will impact consumers

    The law was drafted and brought in effect to safeguard the interest of a third party that suffers injuries or property damage due to an accident with the involvement of an insured vehicle. However, the own-damage insurance cover is optional, while the personal accident cover is necessary only for the owner-driver of the car. In this piece, we will look at how will the new bumper-to-bumper insurance of the vehicle impact the consumer wallet? What is the new vehicle insurance order? The Madras high court, in a judgement, has said all vehicles sold in Tamil Nadu after 1 September 2021,  

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