Benefits of Car Insurance Premium Calculator
- 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.
- Right Insurance Premium – Get to know the actual premium amount, which should be paid by you for your car.
- 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.
- 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
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 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.
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Magma Car Insurance User Reviews
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.