Motor Vehicles (Third Party Insurance Base Premium and Liability) Rules, 2022

May 26, 2022 | by TeamLease RegTech Legal Research Team

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Commercial ComplianceThe Ministry Of Road Transport And Highways (MoRTH) on May 25, 2022 has issued the Motor Vehicles (Third Party Insurance Base Premium and Liability) Rules, 2022.

The provisions of the rules are as followed:

Base premium and liability. – The base premium for third party insurance for unlimited liability for the various classes of vehicles shall be as specified in the Tables given in the attached document which contains table I to Table VIII for specification of rates for different types of vehicles.

This notification shall come into force on June 21, 2022.

[Notification No. G.S.R. 394(E)]


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