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Traffic rule violations may jack up insurance premium

Traffic rule violations may jack up insurance premium

Wednesday, January 29, 2020, 11:40 AM

Traffic violators in Delhi could be in for a shock as insurance companies will soon charge a higher premium for third-party insurance from them. The framework, to be finalized in the next one month, proposes negative points for traffic offences and this will form the basis for insurance companies to charge a "penal" premium.
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