Will I have to pay a compensation if i am the vehicle owner
01-Jun-2023 (In Motor Accident Law)
Being a vehicle owner will i have to pay compensation for death of an individual even though i am having every papers alright
A vehicle with valid 1st party insurance doesn't have any liability to pay compensation for any damages or losses incurred by any accident. The insurance company will provide you with a Cheque of coverage.
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You are owner of the said vehicle if the vehicle was insured with insurance company or not if yes insurance was valid at the time accident then u will be exmpted form to give compensation. Only You have to appear and give written statement.
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