Is Vehicle Insurance Compulsory In India. The compulsory deductible amount is fixed by the insurer and has to be paid compulsorily by the policyholder whenever any claim arises. The insurance of motor vehicles against damage is not made compulsory, but the insurance of third party liability arising out of the use of motor vehicles in public places is made compulsory.
Team acko dec 10, 2021. The compulsion of car insurance in india. Your own life is a personal matter.