Thursday, November 21, 2024
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Vehicle insurance : Insurance rules are changing, if insurance is not done then money will be deducted from Fastag.

Vehicle insurance: Soon the government is going to change the rules related to this. According to the new rules, if you are caught driving a vehicle which is not insured, you may have to buy insurance immediately. For this, the insurance amount will be deducted from Fastag.

Car and Bike Insurance Policy: The first rule while driving any vehicle on the road is that the vehicle must be insured. If the car or bike you are driving is not insured, your challan may be deducted. But soon the government is going to change the rules related to this. According to the new rules, if you are caught driving a vehicle which is not insured, you may have to buy insurance immediately. For this, the insurance amount will be deducted from Fastag.

Actually, the Transport Ministry is preparing major changes to crack down on uninsured vehicles. According to statistics, about 50 percent of vehicles in India are being used without insurance. Such vehicles also become victims of accidents and due to lack of insurance, the victim does not get information about treatment. This is why it is mandatory for all vehicles to have at least third party insurance.

According to the information, the government is making such a system in which police and transport department officials can immediately provide third party insurance to the vehicles caught without insurance with the help of a device. For this, the help of the Vehicle App of the Ministry of Roads and Highways will be taken and complete information about the seized vehicle will be extracted. If the vehicle is not insured, the vehicle owner will immediately be given the option to purchase an insurance policy. There will also be a provision to pay the insurance amount through Fastag.

For this, insurance companies can be brought on the Fastag platform, in which the premium will be deducted from the amount present in the Fastag. According to an official of the General Insurance Council, recommendations are being prepared for the implementation of the new rule in the meeting and it will be discussed in the meeting on March 17.

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Bhupendra Pratap
Bhupendra Pratap
Bhupendra Pratap has over 3 years of experience in writing finance content, entertainment news, cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @insuranceindiaain@gmail.com
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