Very high insurance cost
Insurance premiums are extremely high due to luxury segment.
Issue Details
- Severity
- high
- Impact
- Increases ownership cost significantly.
- Estimated Repair Cost
- ₹1,00,000 – ₹5,00,000
- Affected Years
- 2023-2025
- Frequency
- Common
Symptoms
- High premium quotes
Causes
- Luxury car category
Solutions
- Compare insurers
Prevention Tips
- Choose suitable coverage