'Pay-as-you-drive' regulations demonstrate an evolving insurance industry

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In many nations, insurance premiums for owner-drivers of red-colored cars—particularly those with high speeds

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—tend to be more expensive since they signal a risk-taking mindset.

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The history of speeding fines and other traffic law offences also contributes

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to the creation of the profile used to calculate insurance rates.

The idea is that a responsible owner-driver should actually pay less for insurance than reckless or habitual offenders.

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Motor insurance in India is undergoing a considerable transition as a result of the most recent Irdai laws.

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In this year,Hyundai launches 4 SUV Model in India

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'Pay-as-you-drive' regulations demonstrate an evolving insurance industry

In many nations, insurance premiums for owner-drivers of red-colored cars—particularly those with high speeds

—tend to be more expensive since they signal a risk-taking mindset.

The history of speeding fines and other traffic law offences also contributes

to the creation of the profile used to calculate insurance rates.

The idea is that a responsible owner-driver should actually pay less for insurance than reckless or habitual offenders.

Motor insurance in India is undergoing a considerable transition as a result of the most recent Irdai laws.

In this year,Hyundai launches 4 SUV Model in India

In this year,Hyundai launches 4 SUV Model in India

CLICK HERE

CLICK HERE