Insurance is likely to be expensive by 10-25%

Read in MSN.co.in that Insurance is likely to be expensive by 10-25%. Is this a confirmed news.

Have booked a Ritz ZXI 2 weeks back. Few days back heard petrol price is likely to be hiked and now insurance. Bangalore is already expensive for car owners. This is going to hurt even more.

guru

As per the information in MSN only ICICI and Bharti AXA have already raised their premiums. However other have not done it yet, but likely to do so soon. So the news is, those who have to get their insurance or renew their insurance do it immediatly.