Lombard will raise policy premium on diesel-vehicles

Lombard, a leading private area player in general-insurance, will raise policy premium on diesel-vehicles more than petrol-vehicles onan average through 15 %, a firm official mentioned Monday.

“Diesel vehicles are generally utilized for commercial needs. Experience of threat is larger for these vehicles. Premiums on dieselvehicles will be enhanced on an average by fifteen percent above the petrol ones,” AmitabhJain, vice-president, customer service motor, ICICI Lombard , informed reporters here.

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