According to the Transport Department, 1 in 3 vehicles in Kerala are not insured

<p>Thiruvananthapuram: According to state transport commissioner S Sreejith, 32% of Kerala’s cars are now uninsured, which puts lives in grave danger.<br />
According to Mr. Sreejith, every effort is being made by the Motor car Department to ensure that every car is fully covered by insurance.</p>
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<p>During a recent Women’s Motorcycle Rally, Mr. Sreejith made this declaration as part of the IRDAI-mandated insurance awareness campaign that general insurer Magma HDI in Thiruvananthapuram organized.</p>
<p>Thirty-two percent of the cars on Kerala’s roadways are now uninsured, endangering several lives. The Motor Vehicle Department is making every effort to get full insurance coverage for every vehicle in an attempt to address this concerning number, according to a statement quoting Mr. Sreejith.</p>
<p>He emphasized the significance of insurance, saying that in addition to cars, people should understand its need for themselves and their possessions.</p>
<p>Oil prices plunge as investors worry that higher Fed rates may reduce demand.<br />
According to the press release from Magma HDI, one of the main causes of poor insurance penetration has been identified as inadequate insurance knowledge.</p>
<p>The company’s chief technical officer, Amit Bhandari, described the Women’s Motorcycle Rally as a special fusion of empowerment and learning.</p>