What is Car Insurance Premium Calculator?
A car insurance premium calculator is an instrument available online that helps you know the correct insurance premium amount for your car. The calculator calculates the premium amount considering your car details like the make, model, variant and fuel type of your car along with the No Claim Bonus, if applicable to your premium amount. The calculator thus, helps you choose the right plan for your car by telling you the correct insurance premium amount.
How to Use Car Insurance Premium Calculator?
Step 1: Choose your Car’s Make, Model, Variant and Fuel Type.
Step 2: Select your Car’s Registered City and the Year of Purchase.
Step 3: Tell us if you had any insurance claim against your car in the previous policy period.
Step 4: Click on ‘Calculate’. You will get the right premium amount along with the correct IDV.
Benefits of Car Insurance Premium Calculator
- Right Insured Declared Value - The premium calculator tells the right Insured Declared Value of your car. In case of theft and total loss of your car, you get IDV as the compensation amount from the insurance provider.
- Correct Premium - The premium calculator tells you the correct premium for your car insurance plan.
- Helps you Make an Informed Decision - The premium calculator helps you make an informed decision by telling you the right IDV and premium amount.
- Helps You Choose the Right Plan: The knowledge of the right premium amount and IDV helps you choose the right plan wisely from 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 plans depends on factors like the make, model, variant, its RTO location, the car’s engine capacity, etc. Use our Premium Calculator to know the insurance premium for your car instantly.