Page 918 - The Central Motor Vehicles Rules, 1989
P. 918

THE MOTOR VEHICLES (THIRD

                                  PARTY INSURANCE BASE

                                             PREMIUM AND


                                     LIABILITY) RULES, 2022

                                         [GSR 394(E), dt. 25-5-2022, w.e.f. 1-6-2022]



                               In exercise of the powers conferred by sub-section (2) of section 147 of the
                          Motor Vehicles Act, 1988 (59 of 1988), the Central Government in consultation
                          with the Insurance Regulatory and Development Authority of India, hereby makes
                          the following rules, namely:—
                          1.   Short title and commencement
                               (1) These rules may be called as the Motor Vehicles (Third Party Insurance
                          Base Premium and Liability) Rules, 2022.
                               (2) They shall come into force on 1st June, 2022.
                          2.   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 below, namely:—
                                                          TABLE I
                           Category                  Vehicle Type                       Rates (Rs)
                              (1)                        (2)                                (3)
                                     Private Cars

                                     Not exceeding 1000 cc                                  2,094
                                     Exceeding 1000 cc but not exceeding 1500 cc            3,416
                                     Exceeding 1500 cc                                      7,897
                                     Two Wheelers
                                     Not exceeding 75 cc                                     538
                                     Exceeding 75 cc but not exceeding 150 cc                714
                                     Exceeding 150 cc but not exceeding 350 cc              1,366
                                     Exceeding 350 cc                                       2,804
                              A1     Goods Carrying Commercial Vehicles (other than 3 wheelers)
                                     GVW not exceeding 7500 kgs.                           16,049
                                     Exceeding 7500 kgs but not exceeding 12000 kgs.       27,186
   913   914   915   916   917   918   919   920   921   922   923