Automotive Insurance Market is expected to grow at 4.01% CAGR, reaching USD 1100.55 Billion by 2035, driven by technological advancements, regulatory changes, and increasing vehicle ownership.

Court reduces fine after driver clarifies insurance coverage for new car purchase.

Car insurance is an essential part of owning and driving a vehicle in the United States. With so many options available, choosing the right provider can feel overwhelming. This guide simplifies your decision-making process by detailing the best car insurance companies in the USA, their features, and what makes them stand out. Outline Introduction Importance of car insurance in the USA…

Zimbabwe’s president, Emmerson Mnangagwa, has signed into law a contentious bill that requires all motorists to buy a radio licence before acquiring vehicle insurance. There has been an outcry from some motorists as they will now have to pay US$92 (approximately N$1 640) annually in order to listen to the radio in their cars. The introduction of the measure is part of a plan to widen revenue sources for the state broadcaster but critics say the licence fee is too high, especially given the difficult economic situation. Leading opposition figure Nelson Chamisa says the new law is “too draconian, anti-citizens and outrightly heartless”. Responding to motorists’ concerns on social media, Nick Mangwana, a senior official in the ministry of information, says the new law is “necessary” and “fair”. There are about 1.2 million registered cars in the country but only 800 000 are insured, according to local media. The loss-making Zimbabwe Broadcasting Corporation (ZBC) relies on the licence fee for income, as well as government grants. It also generates some revenue through advertising. But the broadcaster is struggling to make people pay for their television and radio licences. Critics have been calling for the scrapping of the fee, accusing ZBC of biased coverage in favour of the governing Zanu-PF. The opposition has complained of unfair coverage by the broadcaster, especially during elections. ZBC has denied the accusation. Under the new Broadcasting Services Amendment Act, all motorists must now pay the radio licence fee before they can renew their vehicle insurance or obtain a licence from the Zimbabwe National Road Authority. The changes, which were recently approved by parliament, pegs the fee at US$23 (approximately N$410) per quarter. However, ZBC can grant exemptions to those who qualify, including tourists visiting the country. But the new amendment aims to eliminate loopholes and boost compliance with the requirement to have a licence. It prohibits all motor insurance companies from selling their products to motorists who do not hold a valid ZBC radio licence, unless they have a ZBC exemption certificate or the vehicle being insured does not have a radio receiver. But the law has drawn sharp criticism from motorists and opposition groups, terming it a burden on taxpayers. “Citizens are being pauperised left, right and centre, why does the citizenry of this country deserve so uncaring & heartless a leadership?” Chamisa posted on X. Another X user described the measure as an “unjust assault on motorists”. – BBC Photo: Contributed The post Anger as Zimbabwean president approves new radio levy for motorists appeared first on The Namibian.

Despite the cost pressures, it's surprising how many drivers still renew insurance automatically without exploring alternative providers

കൊച്ചി> Vehicle Insurance - മറ്റൊരാളില്‍നിന്നു വാങ്ങിയ വാഹനത്തിന്റെ രജിസ്‌ട്രേഷന്‍ നടപടി പൂര്‍ത്തിയായില്ലെന്നതിന്റെ പേരില്‍ ഇന്‍ഷുറന്‍സ് തുക

Car Insurance Rates - ನಿಮ್ಮ ವಾಹನಕ್ಕೆ ವಿಮೆ ಮಾಡಿಸುವುದು ಕಡ್ಡಾಯ. ಆದರೆ, ಕಾರು ವಿಮಾ ದರಗಳು (car insurance rates) ಅನೇಕರಿಗೆ ಗೊಂದಲಮಯ ವಿಷಯವಾಗಿದೆ. ಪ್ರತಿ ವರ್ಷ ನೀವು ಪ್ರೀಮಿಯಂ

Motor Insurance Market is expected to grow at 4.50% CAGR, reaching USD 1468.16 Billion by 2035, driven by technological advancements, regulatory changes, and increasing vehicle ownership.