60% Indian vehicles have no insurance


reports:
  • According to data compiled by India's General Insurance Council (GIC), 60% of on-road vehicles in India do not have insurance; most of these are motorcycles and scooters.
  • In 2015-16, India had registered 19 crore vehicles, out of which only 8.26 crore were insured.
  • India's roads are accident prone. The year 2015 recorded more than 5 lakh road crashes.

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