Car, mobike insurance to get costlier

IRDA has said that for cars with a capacity of up to 1000 cc, the third party premia rates would be Rs 670. That is for cars like Santro, Maruti Alto, Maruti 800, the insurance would go up by 34 per cent. Similarly, insurance rates for cars like Maruti Wagon R, Maruti Zen, Maruti Swift, Hyundai Getz, Hyundai Accent, Ford Ikon, Tata Indica, Maruti Esteem and all of those which are in the 1000cc to 1500cc capacity range, would also go up by 34 per cent.