IS YOUR TWO WHEELER INSURED? 75% VEHICLE

OWNERS SAID “NO”

In a stunning revelation, made by Insurance Regulatory Development Authority

(IRDA), 75% of two-wheelers in India ply on roads without auto insurance, and

jeopardizing the lives of cyclists and pedestrians. So, if you get hit by a 2-

wheeler, forget about receiving a compensation.

Considering the IRDA report, the Supreme Court has appointed a committee on

road safety to design a modus operandi to identify the non-insured vehicles

within 3 months and submit a report. The committee must create the protocol

as a joint effort with the Transport ministry.

K. S. Radhakrishnan, Justice (retd). & committee chairman said, “IRDA

representatives informed us that most 2-wheelers ply on roads with lapsed

insurance or no insurance. It has been observed that due to leniency in

enforcement, most owners fail to renew their policy.”

As per industry estimates, two-wheelers constitute 70% of all vehicles in India.

Approximately 82% of vehicles in the country are privately owned, out of which

a majority are two-wheelers. In the last decade, the sales of two-wheelers have

exponentially grown in the rural areas where the authorities seldom check the

insurance papers.

S. P. Singh, IFTRT commented, “Using an uninsured vehicle is equivalent to a

criminal offense, and thus stricter punishment should be levied on the owner,

as he/she is jeopardizing the lives of fellow citizens. In case of an accident, it is

the liability of the owner to pay the compensation, but in absence of auto

insurance, the victim is helpless.”

A road transport ministry official said, “A few months ago, we had approached

National Informatics Centre (NIC) to generate data of non-insured vehicles,

state-wise. And, once we receive the report we shall send it to the states where

their respective law enforcement body can take stringent action against the

offenders. It could lead to a high penalty or imprisonment.”

Justice Radhakrishnan further said, “We have requested for a ban on alcohol

sales along the state and national highways. All signage on the highway for

alcohol vendors should be removed by the June-end. If they fail to abide by the

new regulations, we will submit the details to Supreme Court.”

Furthermore, to dissuade uninsured vehicle to run on roads, the Road Safety

and Transport Bill seeks to propose a high penalty and imprisonment of the

vehicle owner.

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