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?
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
- of your car. In case of theft or total loss of your car, you get the IDV as the compensation amount.
- Correct Premium - The premium calculator tells the right amount which you should pay as the premium of your car insurance plan.
- Helps you Make an Informed Decision - When you know the correct IDV and insurance premium of your car, you can make an informed decision.
- 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
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 comprehensive and standalone own-damage car insurance plans depends on the make, model, variant, fuel type of your car among many other factors. The Premium Calculator instantly tells you the premium for your car insurance plan by factoring in all these elements.