Magma HDI Car Insurance Calculator

Magma Car Insurance

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  • Round the clock 24*7 customer support from the toll-free helpline
    Check in your City
  • Cashless claim services in over 4,000 authorised workshops
  • Online renewal process and easy claim initiation
  • Online service to locate nearest a cashless garage

​Benefits of Car Insurance Premium Calculator

  1. Correct Insured Declared Value – You get to derive the right Insured Declared Value of your car with the premium calculator. IDV is a compensation value that you are entitled to receive against the theft and total loss of your car. It is recommended to always try to attain the correct IDV for your car.
  2. Right Insurance Premium – Get to know the actual premium amount, which should be paid by you for your car.
  3. Eases to Make an Informed Decision – With the actual value of IDV and amount of premium, computed through a car insurance premium calculator, you can easily make informed decisions.
  4. Helps You Choose the Right Plan – An understanding of the right IDV and premium amount, reckoned by the premium calculator, assists you in picking up the best premium deal from the available options.

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 standalone own-damage and comprehensive car insurance policies are based on several factors such as make, model, variant, fuel type of your car, age of your car, engine capacity of your car and many more. You can use our Premium Calculator and get the instant insurance premium results.

Which car do you drive?

When did you buy your car?
20042019
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Magma Car Insurance User Reviews

81 reviews Write a Review
  • I did not require to go through any paperwork to get any insurance process. Magma Insurance is a great insurer which gave me all its services for my M...

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    R
    Rohit Gurnani
    On: May 21, 2020 | Views
  • I got my insurance claim in a few minutes from Magma Insurance. The insurer has been insuring my Hyundai Santro for more than 2 years.

    H
    Hemant Khatri
    On: May 19, 2020 | Views
  • The Magma General Insurance firm provided me with insurance services at a click without any type of paperwork. I have its own-damage policy for my Mar...

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    A
    Ashish Sahni
    On: May 15, 2020 | Views
  • I am surprised and happy to find such great car insurance services for my Ford Figo car. Thanks to Magma car insurance plan for offering such exceptio...

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    A
    Abhishek Oberoi
    On: May 13, 2020 | Views
  • I was very impressed with the claim settlement procedure of Magma insurance. I hold its policy to secure my Maruti Suzuki Baleno car and get my claim ...

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    D
    Deepak
    On: May 11, 2020 | Views