Motor insurance OD premium rises 16% in Q2 FY27 amid pricing pressure

In this short

• MOTOR INSURANCE OD premiums rise as competition stays intense 16% An Emkay report says motor own-damage premium growth was strong in Q2 FY27, but the outlook remains modest.
• THE NUMBER Third-party cover grows too 10% Motor third-party GDPI growth was about 10% year on year in Q2 FY27.
• WHAT IT MEANS This is not a renewal hike Industry premium growth does not mean every car or bike policy rises by the same percentage.
• CHECK BEFORE RENEWAL Compare the policy breakup Match cover type, IDV, deductibles, NCB, add-ons and taxes before comparing quotes.
• READ THE FULL STORY See what owners need to check The full report separates market growth from the price and terms on an individual policy.
• READ THE FULL STORY Get the full breakdown Sources, numbers and what to watch next.