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Motor insurance corporations

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Insured Versus uninsured Vehicles And 2 Wheelers: Some studies show that of the thirty two.9 million vehicles (excluding 2 wheelers) registered in Bharat, 9.5 million square measure uninsured . 2 wheelers account for roughly seventieth of total vehicles in Bharat, and around seventy fifth of 2 wheelers within the country run while not insurance – no insurance or nonchurchgoing insurance. luckily, since two-wheeler payment payment is one-time, there aren’t any annual renewal hassles and a standard No Claim Bonus for 3 years is provided by motor insurance corporations. this can be another positive development for motor insurance corporations.

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