Indian Insurers Remain Liable for Accident Claims Even Without Policy Transfer to New Vehicle Owner

The court ruled that insurers are liable for motor accident compensation even if the vehicle’s insurance policy was not formally transferred to the new owner. This decision follows a case where a claimant sought compensation after an accident involving a vehicle that had recently changed ownership. The insurer argued that the policy had lapsed due to non-transfer, but the court held that liability is not affected by the transfer status. The ruling underscores the need for timely policy transfer and clear communication between owners and insurers.