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ICICI Lombard Car Insurance Premium Calculator

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    Network Garages8,800+
    Claim Settlement Ratio87.71%
    Emergency AssistanceAvailable 24/7
    Policies Issued2.6 crore in FY20
    AccreditationiAAA Rating by ICRA
    Presence46 Countries

    What is Car Insurance Premium Calculator?

    A car insurance premium calculator is a digital instrument that calculates the correct premium amount for your car insurance plan. The calculator calculates the premium amount on the basis of your car’s make, model variant and fuel type. The premium calculator also factors in the No Claim Bonus, if applicable, to the premium amount of your car insurance plan.

    How to Use Car Insurance Premium Calculator?

    You can follow the simple steps given below and use InsuranceDekho’s car insurance premium calculator:

    Step 1: Choose your Car’s Make, Model, Variant and Fuel Type.

    Step 2: Choose the Car’s Registered City and Purchase Year.

    Step 3: Let us know if you had raised a car insurance claim during the previous policy period.

    Step 4: Click on ‘Calculate’ and you will get the correct IDV and car insurance premium.

    Benefits of Car Insurance Premium Calculator

    1. Right IDV of your car - In case of theft or total loss of your car, you get the IDV as the compensation amount.

    2. Correct Premium - The premium calculator tells the right amount which you should pay as the premium of your car insurance plan.

    3. Helps you Make an Informed Decision - When you know the correct IDV and insurance premium of your car, you can make an informed decision.

    4. Helps You Choose the Right Plan - The availability of information relating to the right IDV and insurance premium helps you compare the available insurance plans and choose the one which best suits your requirements and budget.

    Third Party Car Insurance Premium Rates

    Engine Capacity

    Premium To Buy A New Policy (3-Year Plan)

    Premium To Renew Existing Policy (1-Year Plan)

    Under 1,000 cc

    Rs. 5,268

    Rs. 2,072

    Between 1,000 cc and 1,500 cc

    Rs. 9,534

    Rs. 3,221

    Above 1,500 cc

    Rs. 24,305

    Rs. 7,890

    (Source:IRDAI)

    Premium for Comprehensive and Standalone Own-Damage Car Insurance Plans

    The premium amount for comprehensive and standalone own-damage car insurance plans depends on the make, model, variant, fuel type of your car among many other factors. The car insurance calculator instantly tells you the premium for your car insurance plan by factoring in all these elements.

    Factors Affecting Car Insurance Premium

    1. Insured Declared Value (IDV) – The IDV is the current market value of a car and the amount that a policyholder is eligible to get as a claim against the theft or total loss of the car. Hence, for cars with high IDV, more premium has to be paid.

    2. No Claim Bonus (NCB) – The NCB is a discount on the premium amount provided by insurers to its policyholder for making no claim. It accumulates from 20% to 50% with every claim-free year. So, the NCB affects the premium cost by reducing it.

    3. City of Registration – The RTO locations in India are divided as Tier 1, 2 and 3 based on the density of traffic that impacts the accident rate. So, car insurance premiums of Tier 1 cities are higher than Tier 2 and Tier 3 cities.

    4. Anti-Theft Devices – Many cars owners install anti-theft devices in their cars to enhance its safety. The security system curbs the risk for insurers too due to which they charge a lesser premium from persons who have got such devices installed in their cars.

    5. Age of the Rider – With age and experience, the driving skills of people get better. On this note and track records, the insurance providers offer car insurance plans to older people on lower prices as the older people tend to drive more sensibly.

    Car insurance starting from Rs. 2072/year*
    • Save upto 75%*
      Lowest Car Premiums
    • 11.5 Lakh+
      Happy Customers
    • Claim Support
      7 days a week

    *TP price for less than 1000cc four-wheeler. All savings/offers are provided by the Insurers which are subject to modification. Terms and conditions apply

    .

    Calculate Your Car Insurance

    Select your car's brand
    • Maruti
    • Hyundai
    • Honda
    • Toyota
    • Mahindra
    Which city is your car registered in?
    • Ahmedabad
    • Bangalore
    • Chandigarh
    • Chennai
    • Gurgaon
    When did you buy your car?
    20072019
    Have you made a claim in the previous year?

    ICICI Lombard Car Insurance User Reviews

    Write your review
    What users are saying
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    • Paperless insurance solutions

      InsuranceDekho serves its customers without getting them tangled in tedious paperwork and gives all the solu...

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      G
      By Ganesh Sharma
      On: January 13, 2023
    • Reliable information available

      The InsuranceDekho website is very informative. I recently visited them and bought the ICICI Lombard car ins...

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      A
      By Ansh Nagpal
      On: January 12, 2023
    • Ease in comparison of plans

      It is not at all tough to compare plans on the InsuranceDekho website which made it easy for me to pick a pl...

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      P
      By Pratham Jaggi
      On: January 10, 2023
    • Reminder feature

      The InsuranceDekho website holds a reminder feature which is very helpful. A month ago, I bought the ICICI L...

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      M
      By Manoj Gulati
      On: January 5, 2023
    • Purchased at ease

      The buying process from the InsuranceDekho website is too easy. I recently bought the ICICI Lombard car insu...

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      A
      By Anuj Kalra
      On: January 4, 2023
    • Best insurance policy for car

      Very transparent and quick deal. Agents are informative and providing goos service. Received the policy docume...

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      M
      BMW X1 2012-2015 Thane
      By Mahesh Ingale
      On: January 4, 2023
    • Good

      Process and support was good, able to pick better plan out of many confusing quotations ...

      Read More
      S
      Hyundai i20 Ranga reddy
      By SRI HARSHA N
      On: January 3, 2023
    • Excellent Comparison Support

      Good Support for Comparison by your team. Thanks for timely response. You have shown the multiple options so t...

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      R
      Maruti Ciaz Chennai
      By RAJALAKSHMI B
      On: December 31, 2022
    • Awesome experience

      Wonderful experience interacting with Rohit. He assisted me with all the queries. Thanks for your assistance. ...

      Read More
      G
      Honda Jazz Gurgaon
      By Gaurav Salgotra
      On: July 11, 2022
    • Multiple choice of policies

      Felt cheaper and had more options compared to Policy Bazaar. Rishabh called and helped so could immediately ge...

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      K
      Hyundai Santro Udupi
      By KUSUMA S SHETTY
      On: June 30, 2022

    431 Icici Lombard Cashless Garages in India

    ICICI Lombard Car Insurance Premium Calculator FAQs

    • What is the use of car insurance premium calculator?

      With the help of car insurance premium calculator, you can easily calculate the premium amount and IDV value provided by different insurance providers. It will assist you in opting for a car insurance plan.

    • Can I avail the premium calculator to compute the policy premium for my old car?

      Yes, you can avail premium calculator to calculate the premium amount charged by various insurance companies to insure your old or used car.

    • What details I need to enter to calculate premium on the premium calculator?

      You should fill up details such as make, model and variant of the car, fuel type of car, RTO location of the car, engine capacity of the car, registration year of car, and so on, to find the premium amounts provided by several insurance companies through the premium calculator.

    • What factors affect the premium of a car insurance policy?

      Factors which influence the premium of car insurance cover are Owner’s Age, Insured Declared Value (IDV), Engine’s Cubic Capacity, No Claim Bonus (NCB), Anti-Theft Devices, Modifications and so on.

    • How can I avail the premium calculator to get the right premium amount?

      You can get the best premium calculator to compute the premium and Insured Declared Value (IDV) for your car insurance plan at the website of InsuranceDekho, i.e., www.insurancedekho.com.

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    Why to buy from InsuranceDekho?

    • Instant policy # within 5 mins
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    • Claim Support available all 7 days of the week

    ICICI Lombard Car Insurance Contact Details

    For any assistance or query, call us on:

    Car Insurance News

    #Applicable on non-inspection cases i.e. existing policy has not expired or when buying a policy for a new vehicle.