MOTOR ACCIDENT COMPENSATION
10.46 lakh motor accident claims worth Rs 80,455 crore pending nationwide: RTI
The details have been provided by the Insurance Regulatory and Development Authority of India (IRDAI) in response to the query filed by Supreme Court advocate K C Jain in April.
Car buyer to get Rs 14 lakh compensation as the car given for repairing was stolen from authorised service centre
Hyundai car gets stolen from service centre: A Hyundai Verna car was stolen from Kamal Auto Hyundai's (an authorised dealer) workshop. However what's more shocking is that the dealer hid this fact from the car buyer for almost two months. It was only when an FIR was lodged that Rajasthan Police found this out.
Toyota Innova's airbag failed to open in an accident, car owner to get Rs 32.07 lakh or a new vehicle, orders NCDRC
Toyota Innova car: Airbags are an important safety feature and protect the car's occupants in the event of an accident. However an Toyota Innova car's airbags did not open in an accident and this resulted in the occupants of the car suffering injuries. Read here to know more about the case and how Toyota was proved to have sold a defective Innova.
Family of deceased housewife wins Rs 6 lakh in SC; homemaking not a valid ground for low payout to accident victim
Motor Accident Death: Supreme Court Holds homemaker’s life as valuable as others and hence hikes compensation to car accident victim's family to Rs 6 lakh. The deceased who was a homemaker died when her car lost control and skid off the road and fell into a ditch in 2006. She is survived by her husband and two children who were studying at that time.
Widows of accident victim & vehicle owner get relief from Supreme Court, motor insurer to pay Rs 13.7 lakh
Motor insurance claim: IFFCO Tokio General Insurance Co. Ltd was ordered by Honourable Supreme Court to pay Rs 13.7 lakh plus interest to widow of an accident victim. The accident occured on May 9, 2010 when a vehicle driven by a driver who had a fake driving license hit the victim's bike.
Soon, road accident victims may get free cashless treatment up to Rs 1.5 lakh at hospitals across the country
The Ministry of Road Transport has approved a proposal to provide free cashless treatment to victims of road crashes. Under this scheme, victims will receive medical care at Ayushman Bharat-empanelled hospitals with an upper limit of Rs 1.5 lakh for up to 10 days of hospitalization. Insurance companies will bear the cost. The initiative aims to provide timely medical assistance within the 'golden hour' and reduce road fatalities.
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SC asks Centre to consider enhancing compensation in hit-and-run accidents
The Supreme Court has directed the Centre to consider enhancing compensation amounts in hit-and-run accidents. The Motor Vehicles (MV) Act provides a compensation of Rs 2 lakh for death and Rs 50,000 for grievous injury, but the court wants the government to review and possibly increase these amounts annually. The court also instructed the police to inform the victims' families about the compensation scheme.
Japan's Daihatsu Motor to suspend operations in January
Japan's transport ministry raided Daihatsu's headquarters in Osaka last week following revelations that the carmaker manipulated the results of safety tests dating as far back as 1989. A third-party investigation requested by Daihatsu in April when suspected wrongdoings first emerged found that 174 issues have been identified across 64 models, including in some sold under the Toyota brand.
Buyer beware: Tata Tiago EV owner shares nightmarish experience just days after delivery
A man brought Tata Tiago EV XZPLUS only to find spot weilding marks and noises coming all over from his car.
Unlock the road to secure celebrations: A comprehensive guide to motor insurance this festive season
As the festive season approaches, whether you're welcoming a new vehicle into your life or your motor insurance renewal is due, don't delay this prudent decision.
Provide insurance cover to staff travelling in employers' vehicle: Irdai tells insurers
Insurance Regulatory and Development Authority of India (Irdai) further said the compulsory cover of IMT-29 should be provided as an in-built coverage under the Compulsory Motor Third Party Liability Section of Private Car Package/ Bundled Policies and under standalone policies insuring Compulsory Motor Third Party Liability.
Pay just Rs 800 more to upgrade car insurance personal accident cover to all-round 24X7 personal accident policy
It is mandatory to buy a personal accident cover of Rs 15 lakh under car insurance, if you are the owner-driver of a car. It usually costs between Rs 300 and 400. However, there are certain limitations when it comes to compulsory car insurance cover under car insurance. Meanwhile, a standalone personal accident cover protects you from any type of accident around the clock and around the world. The premium for a Rs 15-lakh personal accident cover can range between Rs 800 and Rs 1,200 in a year. Is it a good idea to spend a little extra and buy a separate standalone personal accident cover for a holistic coverage? Read on to find out
Compensation claims in road accidents need not be proven like criminal cases: HC
The High Court of Karnataka has stated that compensation claims in road accidents do not need to be proved like criminal trials. The court dismissed an appeal by an insurance company challenging the compensation awarded to the family of an accident victim. The court emphasized that claimants do not have to prove their case beyond reasonable doubt, but rather on the basis of preponderance of probabilities. The court also upheld the compensation awarded by the Motor Accidents Claims Tribunal and rejected the appeal for enhancement.
Navigating on-the-road peace: The comprehensive car insurance solution by Bajaj Allianz General Insurance
Bajaj Allianz General Insurance Comprehensive Car Insurance stands out for its high claims settlement ratio and hassle-free renewals.
Tribunal cuts victim's compensation by 30 per cent for not wearing helmet at the time of accident
A Motor Accident Claims Tribunal reduced compensation by 30% for a man's fatal motorcycle accident after he wasn't wearing a helmet at the time of the incident. The reduced payout to the family of the 38-year-old Singh in Mumbai will now be Rs 1.02 crore, down from Rs 1.46 crore, with acknowledgement paid to negligent driving on the truck driver's part.
"Homemaker's worth can't be calculated in numbers": HC orders insurance company to pay Rs 16 lakh compensation
The Delhi High Court has ruled that compensation for the demise of a homemaker is complex and cannot be accurately quantified in monetary terms because it can't replace the love, care, and warmth provided by a mother or wife to her family. The court made this observation while addressing the issue of computing compensation for a homemaker's death.
These car insurance add-ons worth Rs 6,500 can save you from paying Rs 3.5 lakh for rain damages
Car insurance add-ons: Some of the must-have add-on covers during monsoon season are — engine protection cover, zero depreciation cover, 24x7 roadside assistance, return to invoice and consumable covers. Before you buy add-on covers, you must take a look at how much they cost and how much you will save during monsoon. Read on
Insurer liable to pay compensation to accident victim's kin even if offending vehicle driver's licence is invalid or expired: High Court
The Bombay High Court has ruled that an insurance company is liable to pay compensation to an accident victim's family, even if the licence of the driver of the offending vehicle had expired. A bench ordered ICICI Lombard General Insurance Co to pay compensation to the family of a woman who died in an accident in November 2011. The insurance company can recover the compensation amount from the owner of the offending vehicle later.
Remarriage no ground to deny compensation to accident victim's widow, rules Bombay High Court
Iffco Tokio General Insurance Company had filed the petition in the high court, challenging the order of a Motor Accidents Claim Tribunal (MACT), which had directed the company to pay compensation to the woman, whose husband was killed in a road accident in 2010.
'Tyre burst is not an act of God': Bombay High Court tells insurance company to pay compensation
The verdict came in a case of a car accident in which a man was killed after the car he was traveling in toppled following a tyre burst. However, the New India Assurance Co Ltd. refused to pay compensation, saying that the accident was an act of God.
Implement law on compensation to accident victims : Delhi HC to Centre
The court's order was passed on a petition by the legal heirs of a deceased accident victim, who sought compensation for themselves as well as other victims of road accidents for the loss suffered by them due to non-implementation of the provisions of the Motor Vehicles Act and its rules.
Kanjhawala accident: Murder charges slapped against 6 accused
"In the Sultanpuri incident, after collection of physical, oral, forensic and other scientific evidence, the police has added Section 302 IPC in place of section 304 IPC.
Over 19,400 road accidents reported due to loss of control by the driver in 2021, The Ministry of Road Transport and Highways reports
A total of 19,748 road accidents were reported in 2021 because of loss of control by drivers in India. The claims are made in the recent report released by the Ministry of Road Transport and Highways (MoRTH).
For compensation in motor accident cases, robust view needs to be taken of deceased's income: SC
A bench of justices DY Chandrachud and Hima Kohli dealt with two cases in appeal against the orders of the Kerala High Court, in which the amount of compensation awarded by the Motor Accident Claim Tribunal (MACT) was reduced. In the first case, the MACT awarded a compensation of Rs 26.75 lakh on January 30, 2017 to the kin of the deceased, who was a pineapple cultivator, after taking his base income as Rs 12,000 per month.
Heirs can claim payout after accident victims’ death: Karnataka high court
Legal heirs of a person injured in a vehicle accident have the statutory right to claim compensation after his/her death, the Karnataka high court has said.
Married daughters also entitled for compensation: HC
Karnataka High Court has held that married daughters are entitled for compensation by insurance companies on the loss of their parents in accidents.
Government notifies 8-fold increase in solatium to Rs 2 lakh for death in hit-and-run case
The ministry in the notification issued on February 25 said that the scheme may be called the 'Compensation to Victims of Hit and Run Motor Accidents Scheme', 2022 and it shall come into force with effect from April 1, 2022.
Higher compensation proposed in hit & run accidents
Compensation of ₹50,000 has been proposed in case such an accident causes “grievous hurt” caused to the victims, up from ₹12,500 at present.
For hit-and-run death, government plans Rs 2 lakh compensation
The increased compensation is aimed at bringing quick relief to the victims and their immediate kin.
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