What is Car Insurance Premium Calculator?
A car insurance premium calculator is a digital tool that helps you to know the right amount which you should pay as the insurance premium of your car. The insurance premium calculator calculates the premium amount on the basis of your car details and your No Claim Bonus status. By knowing the right premium amount using the calculator you can choose the premium quote from the available premium quotes which suits you the best.
How to Use Car Insurance Premium Calculator?
Step 1: Choose your Car’s Make, Model, Variant and Fuel Type.
Step 2: Choose Car’s Registered City and the Year of Purchase.
Step 3: Let us know if you had any insurance claim against your car in the previous policy period.
Step 4: Click on ‘Calculate’ and the correct IDV and car insurance premium will be displayed to you.
Benefits of Car Insurance Premium Calculator
- Right Insured Declared Value - The premium calculator helps you know the right Insured Declared Value of your car. IDV is the amount which you get as compensation in case of theft and total loss of your car.
- Correct Premium - The premium calculator tells you the correct premium amount for your car insurance plan.
- Helps you Make an Informed Decision - By telling you the right IDV and premium amount the premium calculator helps you make an informed decision.
- Helps You Choose the Right Plan: The knowledge of the right premium amount and IDV provided helps you compare different plans and choose the insurance plan which suits your requirements in the best manner
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 a variety of factors like the make, model, variant, fuel type of your car, its RTO location, etc. Use our Premium Calculator to know the insurance premium for your car instantly.