NEW DELHI: If you get hit by a two-wheeler, there is little chance of getting compensation. That’s because nearly 75% of two-wheelers in India run without insurance, putting vulnerable road-users like pedestrians and cyclists at risk.
The revelation, made by Insurance Regulatory Development Authority (IRDA), has prompted a Supreme Court-appointed committee on road safety to ask the agency and the transport ministry to work out a protocol for identifying such vehicles within three months and submit a report.
“IRDA representatives told us early this month that most two wheelers either have no insurance or their insurance has lapsed. Most of the owners don’t renew them since there is little enforcement,” said committee chairman Justice (retd) K S Radhakrishnan.
According to rough estimates, two-wheelers have a formidable presence on roads, constituting 70% of all vehicles in the country.
Around 82% of vehicles in India are privately owned and a majority of these are two-wheelers. In recent years, the number of two-wheelers has grown exponentially in rural areas where insurance papers are seldom checked by the enforcement agencies.
外文标题：75% of 2-wheelers have no insurance
Rajiv R (Ahmedabad)
The attitude of most of these guys is you can get away with anything
How could the previous governments allow this situation to arise ! This is gross negligence and highly irresponsible behavior by our own people !!
That is an open secret.
Communal Award (Tokyo)
Any type of insurance in India is waste of your money
annumallya (Mangalore) replies to Communal Award
Yes but when just LIVING in India is a waste of life, time and money, why single out INSURANCE alone ?