What is Car Insurance Premium Calculator?
A car insurance premium calculator is an online tool that lets you know the correct premium amount for your car insurance plan. The calculator calculates the premium amount right for your car insurance plan on the basis of your car details like the make, model, variant and fuel type. It also factors in the No Claim Bonus, if applicable to your premium amount.
How to Use Car Insurance Premium Calculator?
Step 1: Select your Car’s Make, Model, Variant and Fuel Type.
Step 2: Choose your Car’s Registered City and Purchase Year.
Step 3: Tell us if you had made any claim in your previous policy period.
Step 4: Click on ‘Calculate’. The right premium amount and the right IDV for your car will be displayed to you.
Benefits of Car Insurance Premium Calculator
- Right Insured Declared Value - The premium calculator helps you know the right Insured Declared Value of your car. You get the IDV as compensation in case of theft and total loss of your car.
- Correct Premium - The premium calculator helps you know the correct premium for your car insurance plan.
- Helps you Make an Informed Decision - By telling you the right IDV and premium amount, the premium calculator helps you make an informed decision.
- Helps You Choose the Right Plan: The knowledge of the right premium amount and IDV helps you choose the plan which best fits your budget and requirements.
Third Party Car Insurance Premium Rates
Premium To Buy A New Policy (3-Year Plan)
Premium To Renew Existing Policy (1-Year Plan)
Under 1,000 cc
Between 1,000 cc and 1,500 cc
Above 1,500 cc
Premium for Comprehensive and Standalone Own-Damage Car Insurance Plans
The premium amount for standalone own-damage and comprehensive car insurance plans depends on factors like the make, model, variant, engine capacity, etc. Use our Premium Calculator to know the insurance premium for your car in a click.