What is a Car Insurance Premium Calculator?
A car insurance premium calculator is an online instrument with which you can find the right premium amount for your car insurance. You can get a customised insurance premium for your car by just entering a few details of your car such as make and model of your car, RTO location, etc., in addition to your No Claim Bonus status. With the knowledge of the correct premium amount, you can easily pick the perfect premium quote for you as per your requirements.
How to Use a Car Insurance Premium Calculator?
Step 1: Pick the Make, Model, Variant and Fuel Type of your car.
Step 2: Pick the Year of Purchase and Location of Registration of your car.
Step 3: Mention as if any claim is requested by you against your car in the last policy tenure.
Step 4: Click on ‘Calculate’ and get the right IDV and car insurance premium amount for you.
Benefits of Car Insurance Premium Calculator
1. Right Insured Declared Value – You can get the right Insured Declared Value(IDV) of your car with this premium calculator. The amount of IDV is what you are entitled to receive as compensation if your car is stolen or sustains total loss. Getting your car’s right IDV is always recommended.
2. Right Premium - The right premium amount computed by the insurance calculator helps you understand how much amount you should actually pay as your car’s insurance premium.
3. Helps to Make Informed Decisions – You can make an informed decision about your car insurance with the knowledge of the right IDV and the amount of premium of your car.
4. Get You To Know the Right Plan - With the information of the right IDV and amount of premium computed through the calculator, you can easily select the best premium quote or deal for yourself.
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 amount of premium for standalone own-damage and comprehensive car insurance policies are based on factors such as the make, model, and variant of your car, age of the car, RTO location of your car, the fuel type and engine capacity of your car and so on. To get an instant insurance premium amount, use our Premium Calculator now.