Coverfox.com
  • Insurance
    • Car
      • Car Insurance
      • Companies
      • Third party car insurance
      • Comprehensive car insurance
      • Car insurance calculator
      • New car insurance
      • Zero Dep Car Insurance
      • Buy Car Insurance
      • Compare Car Insurance
    • Bike
      • Two Wheeler Insurance
      • Two Wheeler Insurance Companies
      • Two Wheeler Insurance Claim
      • Two Wheeler premium Calculator
      • Third party Bike insurance
      • Multiyear Bike Insurance
    • Health
      • Health Insurance
      • Companies
      • Mediclaim Policy
      • Individual Health Insurance plans
      • Critical illness insurance
      • Senior citizen health insurance
      • Arogya sanjeevani policy
      • Coronavirus Health insurance
    • Term
      • Term Insurance
      • Companies
      • Life insurance
      • Life Insurance calculator
      • Term Insurance calculator
      • Life Insurance Plans
      • 1 crore term insurance
      • Compare Term Insurance
      • Buy Term Insurance
      • Term Insurance Renewals
    • Investment
      • Investment Plans
      • Companies
      • Buy Investment Plans
      • Child Plans
      • Pension Plans
      • ULIP
      • Endowment Policy
      • Tax saving investment
      • Buy ULIP
      • Best ULIP
  • About Coverfox
    • About us
    • Insurance Blog
  • Claims
  • Contact us
  • Login
Buying Car Insurance from Coverfox is simple
Upto 75% discount. Get policy in 5 minutes.
Already Bought from Coverfox?
Renew here in 2 steps
3 Day Express Claim Service FREE
We pick your car, get it repaired & drop it back.
3000+ Cashless Garages
Never worry about payments
4.7/5
star star star star half star
4.6/5
star star star star half star
Highest rated insurance website

Validity of Third Party Vehicle Insurance in India extended Till December 2020

In an attempt to help vehicle owners across India, the Ministry of Road Transport and Highways (MoRTH) has issued a statement to extend the validity of necessary documents related to motor vehicles such as driving license, permit, fitness certificate, vehicle registration, pollution under control certificate and many more.

The reason being because renewal of such documents is time-consuming and requires a mandatory visit to the Regional Transport Office. The Regional Transport Office is densely crowded due to the long list of appointments for document verification. Such a situation is a strict no as per the new rules and regulations regarding social distancing and unnecessary movement prohibition.

India has gradually opened sections of its economy one by one. As of October 22nd, 2020, we have successfully entered phase 4.0 of the unlock per the central government's announcement. Due to the infectious nature of the virus, many states and cities across the country are continuing to implement lockdown in high-risk containment zones. Due to this, there are many government offices which are not able to work on all seven days of the week due to the 30% office employee strength rule (employers and organization, private and public are allowed to maintain only 305 of their overall workforce in a single office, on a rotational basis).

As mentioned above, one such department is the Regional Transport Office (RTO). Since the number of motor vehicle registrations far outnumber the capacity of the RTO, it has become difficult for new vehicle owners to renew their vehicle-related documents. In order to highlight this concern, the Ministry of Road Transport and Highways (MoRTH) has declared that all documents related to motor vehicles and their owners will remain valid until December 31st, 2020.

As per the official statement made by the Ministry of Road Transport and Highways (MoRTH), 'taking into consideration the situation continuing due to conditions for prevention of the spread of COVID19 across the country, the ministry has further advised that the validity of all of the above-referred documents whose extension of validity could or not likely be granted due to lockdown and which had expired since February 1st, 2020 or would expire by December 31st, 2020, the same may be treated to be valid till December 31st, 2020. Enforcement authorities have been advised to treat such documents valid till December 31st, 2020.'

What About Motor Vehicle Insurance?

Since motor vehicle insurance is bought/issued/renewed on the validity of the vehicle owner's documents, motor insurance plans will remain valid until December 31st, 2020. Note: The extension granted is applicable only to the mandatory documents related to motor insurance and vehicle ownership. So if you have a third party liability motor insurance policy that is about to expire, it is advisable to renew it as soon as possible. Failure to do so will lead to a late fee in addition to the inspection of your motor vehicle from the insurer's surveyor.

Earlier, the relevant government authorities (Ministry of Road Transport and Highways (MoRTH and Ministry of Finance) had extended the validity for the renewal of necessary documents from June 30th, 2020 to July 31st, 2020. Next again, from September 30th, 2020, until December 31st, 2020. The decision is final across all RTOs in India.

For example, if your existing mandatory third-party liability motor vehicle insurance coverage policy is about to expire between March 25th, 2020, and May 3rd, 2020, you have the option to renew it till December 31st, 2020. Failure to do so will result in a premium hike, loss of no claim bonus, and mandatory vehicle inspection by the surveyor.

The extension is being done because the cases of Coronavirus in India are rising at an alarming rate. As of October 22nd, 2020, there are 55,383 new COVID-19 infections as the total cases surge to 77,06,946, while the total death count is 1,16,616.

Best Car Insurance Companies in India for 2022

Now that you are aware of the extension date, it is advisable to look for a suitable motor vehicle insurance policy. We at Coverfox have created an entire list of the top car insurance plans in India for 2020, along with the list of cashless garages, personal accident cover type, and premium amounts.

Plan Name Cashless Garages Personal Cover Starting Premium
Universal Sompo Limited Third-Party Plan NA Up to Rs. 15 lakhs Rs. 1972* / Rs. 2772
United India Limited Third-Party Plan 700+ Up to Rs. 15 lakhs Rs. 1972*
SBI General Limited Third-Party Plan 5400+ Up to Rs. 15 lakhs Rs. 1972*
Oriental Insurance Limited Third-Party Plan Oriental Insurance Comprehensive Car Insurance Plan 5400+ Up to Rs. 15 lakhs Rs. 1972* / Rs. 3412*
New India Assurance Limited Third-Party Plan New India Assurance Comprehensive Car Insurance Plan NA Up to Rs. 15 lakhs Rs. 1972* / Rs. 3056*
National Insurance Limited Third-Party Plan National Insurance Comprehensive Car Insurance Plan NA Up to Rs. 15 lakhs Rs. 1972* / Rs. 3144*
IFFCO TOKIO Limited Third-Party Plan IFFCO TOKIO Comprehensive Car Insurance Plan 4300+ Up to Rs. 15 lakhs Rs. 1972* / Rs. 3076*
HDFC ERGO Limited Third-Party Plan HDFC ERGO Comprehensive Car Insurance Plan 6800+ Up to Rs. 15 lakhs Rs. 1972* / Rs. 3065*
Edelweiss General Limited Third-Party Plan Edelweiss General Comprehensive Car Insurance Plan 1000+ Up to Rs. 15 lakhs Rs. 1972* / Rs. 2791*
Go DIGIT Limited Third-Party Plan Go DIGIT Comprehensive Car Insurance Plan 1400+ Up to Rs. 15 lakhs Rs. 1972* / Rs. 2772
Bharti AXA Limited Third-Party Plan 5200+ Up to Rs. 15 lakhs Rs. 1972*
Royal Sundaram Comprehensive Car Insurance Plan 4600+ Up to Rs. 15 lakhs Rs. 3367*
Reliance General Comprehensive Car Insurance Plan 3700+ Up to Rs. 15 lakhs Rs. 3130*
NAVI General Comprehensive Car Insurance Plan - Up to Rs. 15 lakhs Rs. 2584*
Magma HDI Comprehensive Car Insurance Plan NA Up to Rs. 15 lakhs Rs. 2566*
Liberty General Comprehensive Car 4300+ Up to Rs. 15 lakhs Rs. 3150*
Insurance Plan
Kotak Mahindra Comprehensive Car Insurance Plan 1000+ Up to Rs. 15 lakhs Rs. 2727*
Future Generali Comprehensive Car Insurance Plan 2500+ Up to Rs. 15 lakhs Rs. 2932*
BAJAJ Allianz Comprehensive Car Insurance Plan 4000+ Up to Rs. 15 lakhs Rs. 3326*
Chola MS Car Insurance 4000+ Up to Rs. 15 lakhs NA

Disclaimer - The information mentioned above has been sourced from the official website of the respective insurance company. The premium amount is not standard and depends on the applicable factors like vehicle, location, insurer, etc. (Last updated on 22.10.2020) In Simple Words,

If your motor vehicle insurance plan expires during the period of lockdown, do not worry as the last date of the extension has been shifted to 31st Dec 2020. You can also renew your expired motor vehicle insurance policy online in a matter of 5 minutes. Learn more about motor vehicle insurance on Coverfox.

Related Car Insurance Articles

  • Misunderstanding Your Voluntary Deductible In Car Insurance | How Does Car Insurance Work In India
  • Technology Remodeling The Motor Insurance Sector In India | Tips For Car Insurance Policy Renewal While Social Distancing
  • 5 Ways To Keep Your Car Insurance Cost Down | Best Way To Get Your Car Insurance Renewed During Covid Hardships
  • Dos And Donts Of Buying Car Insurance Online In India | Fine To Pay While Driving Without Car Insurance
  • How To Save Money On Car Insurance During Lockdown Period | Impact Of Covid 19 On Your Car Insurance
  • Irdai Withdraws Long Term Own Damage Cover For Motor Vehicle Insurance | Know About Car Insurance Policy Renewal Online
  • New Vehicle Insurance Rules In India Cars And Bikes Are Now Less Expensive | No Longer Need Physical Documents For Car Insurance
  • Pay Car Insurance Premium Only On The Distance You Travel | Smart Ways To Lower Your Car Insurance Premium
  • What To Do If Car Insurance Premium Is Too High | Why It Is Important To Renew Car Insurance Despite The Lockdown
Close
×

Get Lowest Rates for car Insurance

With Upto 75% Discount

  • Secure
  • Licensed By
  • Payment Options
  • Car Insurance
  • Bike Insurance
  • Motor Insurance
  • Commercial Vehicle Insurance
  • Travel Insurance
  • Car Insurance Premium Calculator
  • Family Health Insurance
  • Senior Citizens Insurance
  • Group Insurance
  • Corona Rakshak Policy
  • Corona Kavach Policy
  • Super Topup Plan
  • Term Insurance
  • ULIP
  • e-Term Plan
  • 1 Cr Term Insurance
  • कार इन्शुरन्स
  • टू व्हीलर इंश्योरेंस
  • टर्म इंश्योरेंस
  • हेल्थ इंश्योरेंस
  • मेडिक्लेम पॉलिसी
  • Learn About Insurance
  • Network Hospitals
  • Cashless Garages
  • Get Android App
  • Learn
  • About Us
  • Contact Us
  • Careers
  • Sitemap
  • FAQs
Connect with us
Become a Partner
Become a Coverdrive POS Agent

Coverfox Insurance Broking Pvt. Ltd. : Unit D4131-4139, 4th floor, Oberoi Garden Estates, Near Chandivali Studio, Andheri East, Mumbai - 400072

Licence No. 478 , IRDA Direct Broker Code: IRDA/ DB 556/ 13 , Valid till: 26/12/2022, CIN: U66000MH2013PTC243810

  • Shipping & Delivery Policy
  • Privacy Policy
  • Cancellation & Refund
  • Terms & Conditions
Copyright © 2022 Coverfox.com. All Rights Reserved