Read The Risks Involved While Driving A Car Which Has An Expired Policy Or Is Uninsured
As per the Motor Vehicles Act, 1988, it is mandatory for all motor vehicles plying on public roads in India to have a motor insurance cover. Still, the research suggests that as many as 60% of the vehicles on the roads do not have a valid insurance cover. Driving without an insurance policy can lead to many unfortunate consequences, including the ones listed below.
Penalties and legal fines
As per the latest regulations, heavy fines have been proposed for driver caught without valid insurance under Schedule III of section 305 of the Motor Vehicles Act, 2016. These are:
Two-wheelers: Rs 10,000
Light motor vehicle and three wheelers: Rs 25,000
Other categories of motor vehicles (including cars): Rs 75,000
Other legal complications
Getting caught without a valid motor insurance policy on multiple occasions can lead to your driving lisence being suspended. The authorities could also suspend your vehicle registration. The enforcement agencies also have the right to seize your vehicle, and in extreme cases, an offender can be imprisoned by a court for up to 3 months.
Third party liability
If you are involved in an accident, other parties can sue you for damages that they sustain because of you. Typically, …
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