Compact cars, SUVs dominate 75% of motor insurance claims: Report
Compact cars and SUVs drive 75% of India's motor insurance claims, with compact cars accounting for 44% and SUVs 32%, a report by PolicyBazaar said. EVs form 1% of claims but have the highest repair costs. Lucknow leads in claim frequency, while NCR cities face steeper repair bills. Most claims involve own-damage, with petrol vehicles dominating overall volumes.