What is a Car Insurance Premium Calculator?
A car insurance premium calculator is an online mechanism, which is developed to assist you in knowing the correct insurance premium of your car. The personalised results can also be achieved with this premium calculator by entering car details and No Claim Bonus status. With the knowledge of the right amount of premium, you can opt for the best premium quote for you from the available ones.
How to Use a Car Insurance Premium Calculator?
Step 1: Choose the Make, Model, Variant and Fuel Type of your car.
Step 2: Choose the Purchase Year and Registered Location of your car.
Step 3: Tell us if you have made any claim for insurance in the last policy term against your car.
Step 4: Hit the ‘Calculate’ button to get the right IDV and correct car insurance premium amount.
Benefits of Car Insurance Premium Calculator
- Right Insured Declared Value – The car insurance premium calculator gives you the right Insured Declared Value of your car. It is an amount that you will be entitled to get against the theft and total loss of your car. Try to have the correct IDV for your car from your insurance provider.
- Right Premium - The premium calculator computes the amount that you should be paying as the car insurance premium.
- Assistance in Making Informed Decisions – You can make informed decisions only with the correct information. Thus, the correct IDV and the premium amount can assist you in making informed decisions related to your car insurance plan.
- Helps You Choose the Right Policy – With the knowledge of the correct IDV and the premium amount of your car, computed by the premium calculator, you can select the right premium quote for you from the available quotes.
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 amount of premium for standalone own-damage and comprehensive car insurance plans are calculated on the basis of various factors such as make, model, variant, fuel type, age of the car, RTO location, engine capacity, and so on. Use our Premium Calculator to get the instant results for your car’s insurance premium amount.