Explained: How your car insurance will factor in your driving behaviour - The Indian Express
7/7/2022 12:00:00 AM3 years 7 months ago
by George Mathew
by George Mathew
The new concepts will enable vehicle owners to take advantage of their driving behaviour patterns, general upkeep of the vehicles, mileage and vehicle usage patterns, leading to cheaper insurance policies for their vehicles.
On Wednesday, the Insurance Regulatory and Development Authority of India (IRDAI) allowed general insurance companies to introduce new technology-enabled concepts called pay as you drive, pay how you… [+5184 chars]
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