Roadside assistance insurance is a specialized coverage option designed to help drivers in the event of a vehicle breakdown or other roadside emergencies. This insurance provides services that can assist motorists when their vehicle becomes inoperable due to mechanical failure, flat tires, dead batteries, or other common issues. This coverage offers peace of mind by…
In Nepal, motor vehicle insurance policies and their pricing, including bikes and cars, are regulated by the Nepal Insurance Authority (NIA). The key directive guiding these policies is the “Motor Insurance Tariff related Directive, 2073” issued by NIA. This directive outlines various types of motor insurance policies, but in this article, we will focus on…
Buying bike insurance is essential for protecting your finances and ensuring safety during unexpected events like accidents. Here are nine key benefits of having bike insurance, explained in detail: 1. Third-Party Liability Coverage Many of the countries’ law mandates buying two-wheeler insurance to protect against third-party liabilities. If you cause injury to someone or damage…
Autonomous vehicles, often referred to as self-driving cars, are rapidly transforming the landscape of the automotive industry. As technology advances, these vehicles are becoming more prevalent on our roads, raising questions about their implications on various aspects of society. One significant area of concern and adaptation is the impact on auto insurance. In this article,…
