Motor insurance policies have become a common place among Indians over time. However, it might come as a surprise to many that there has been a substantial rise in fake motor policies in the last three years. Yes. Very recently, the Insurance Regulatory and Development Authority of India (IRDAI) came up with the year-wise break-up of fake motor policies in last three years. The number of fake motor policies have increased from 823 in FY2018 to 1192 in FY2019, an increase of 45 per cent Y-o-Y. Further, IRDAI also highlighted the complaints directly received related to fake policies issued by these entities, which were not registered as general insurers with them. This included AKPCL General Insurance (2016), Gone General Insurance (2019) and Marines Technology’ (2019). The insurance regulator has warned general public by issuing a public notice to not make any transaction pertaining to these companies and to bring any unauthorised transaction to its notice. Furthermore, a complaint with police authorities against these fake insurance companies has been lodged.