Chennai: In a decision that can increase the overall cost of new vehicles, Madras High Court on Thursday said five-year bumper-to-bumper insurance would be mandatory for all vehicles sold after September 1.
“This court directs that whenever the new vehicle is sold after 01.09.2021, mandatory for the coverage of bumper for bumper insurance, in addition to covering the driver, passenger, and vehicle owners, for a period of five years.
After that, vehicle owners must be careful In maintaining the interest of the driver, passengers, third parties and themselves, so as to avoid the obligations that do not need to be FIFIITED to the vehicle owner, “Justice said S Vaidyanathan.
Missing third-party insurance practices that only cover other people and not residents of the vehicle concerned, Judge Vaidyanathan said: “When a buyer is ready to pay a large number for the purchase of the vehicle, it is really surprising why he is not interested in spending a trivial amount to take policy for Protecting himself and the others …
“It’s very sad to show that when the vehicle is sold, the buyer is not clearly to clear about the policy and importance provisions.
Likewise, when buying a vehicle, buyers are also not interested in fully understanding policy terms and conditions.
They care more about vehicle performance and not about the policy.
“SIGNING HC 14L HC which was given by court courts surpassed the order after setting aside 14.65 lakh rs given by the motorbike accident court to the families of accident victims on the road.
However, quoting policy violations and availability only third party insurance with vehicle owners, New India Assurance Ltd.
Challenges awards.
Vehicles involved in the accident are covered with insurance ‘third parties’ (including injury / damage caused by third parties and not vehicle residents or damage caused by vehicles).
It is very clear that it is a private car accountability policy, Where third party premiums have been paid as Rs 5,081 and not even a Paisa have been paid as a premium for other passengers, who will travel in the vehicle, he said.
accessing the submission, Vaidyanathan justice set aside the fully award, giving freedom to the victim’s family to me Move the fresh application to claim the number of vehicle owners who are also traveling in a vehicle on the way to a picnic, Hoganekkal, in August 2016.