Car Insurance Quotes
The cost of a car insurance quotes is known as premium. The premium for a third party plan is fixed by the Insurance Regulatory and Development Authority (IRDAI) for different engine capacities. However, the premium for standalone own-damage and comprehensive car insurance plans depend on a number of factors such as extent of coverage, make, model and variant of the car, type of fuel, RTO location etc.
Factors Affecting Car Insurance Quotes
There are a number of factors which affect the premium quote of a car insurance plan. Some of them are as follow:
1.Type of the Plan
The premium of the plan depends on the coverage opted. Wider the coverage, greater the premium.
2. MMV of Your Car
The primary factor which affects the premium quote of your car insurance policy is your car’s MMV - make, model and variant.
3. Fuel Type
Another factor which affects the premium quote of an insurance policy is the fuel type of the car. Different premiums are charged for diesel cars and different premiums are quoted for petrol cars.
4. Policyholder’s Profession
Insurance companies give weightage to the correlation between the policyholder’s risk of accident and their professions and hence adjust the premium accordingly. People involved with professions such as cab drivers, delivery agents are usually at a higher side of risk and thus relatively higher premium charged to me.
5. Policyholder’s Credit Score
Many insurance companies take into consideration the credit score of the applicant to determine the Car Insurance Premium.
6. Car Size
Generally larger cars are considered safer than smaller cars in accidents. Therefore, often insurance companies offer relatively lower premiums to bigger cars than smaller ones.
7. Car’s Safety Rating
Buying a car with a high safety rating means can help you get a car insurance plan at a relatively lower premium due to increased safety and lower chances of meeting an accident.
8. Policyholder’s Driving History
If the owner of the car has been in accidents or has made previous car insurance claims, the insurance company will tend to charge a relatively higher premium to such individuals.
How To Use Quotes Calculator at InsuranceDekho?
To use Car Insurance Quotes Calculator, you need to follow the following steps:
Step 1: Go to InsuranceDekho
Step 2: Select car and write your registration number. If you don’t know the car number then click on “Don't know your car number?” and select the brand, model, feel type, variant, registration year and registration city.
Step 3: Proceed by entering your name and mobile number
Step 5: Click on “Submit and Get Quotes”. Customized quotes for you will appear on the screen.
Add-ons For Your Car Insurance Policy
Find Right Car Insurance Quotes by Cars Body Type
- View Tata Altroz Insurance Quotes
- View Hyundai Elite i20 Insurance Quotes
- View Maruti Swift Insurance Quotes
- View Maruti Baleno Insurance Quotes
- View Renault KWID Insurance Quotes
- View Hyundai Grand i10 Insurance Quotes
- View Maruti Dzire Insurance Quotes
- View Honda City 4th Generation Insurance Quotes
- View Honda City Insurance Quotes
- View Hyundai Aura Insurance Quotes
- View Hyundai Verna Insurance Quotes
- View Honda Amaze Insurance Quotes
- View Toyota Urban Cruiser Insurance Quotes
- View Kia Sonet Insurance Quotes
- View Kia Seltos Insurance Quotes
- View Mahindra Thar Insurance Quotes
- View Hyundai Creta Insurance Quotes
- View Hyundai Venue Insurance Quotes
- View Maruti Ertiga Insurance Quotes
- View Toyota Innova Crysta Insurance Quotes
- View Renault Triber Insurance Quotes
- View Maruti XL6 Insurance Quotes
- View Mahindra Marazzo Insurance Quotes
- View Toyota Vellfire Insurance Quotes
- View Land Rover Range Rover Insurance Quotes
- View Audi A6 Insurance Quotes
- View BMW X5 Insurance Quotes
- View Land Rover Range Rover Velar Insurance Quotes
- View BMW 3 Series Insurance Quotes
- View Volvo XC90 Insurance Quotes
Car Insurance Quotes Frequently Asked Questions (FAQ's)
What does a car insurance quotes mean?
The car insurance premium refers to the cost of the insurance plan taken for the car.
Is the premium for comprehensive car insurance the same for all cars?
No, the premium for comprehensive car insurance is not the same for all cars. The premium for the plan varies depending upon the MMV (make, model and variant) of the car, its engine capacity, its age, the add-ons opted for, and a number of other factors.
How can I lower the insurance premium for my car?
You can lower the insurance premium for your car by following the below-mentioned tips: Always compare the plans offered by different insurance companies and select the one which best suits your requirement. Install ARAI (Automotive Research Association of India) approved anti theft devices in your car and get a discount of 2.5% (up to Rs. 500) on the own-damage premium of your car insurance policy. If you are a member of the Automobile Association of India (AAI) then you are eligible for a discount on your car insurance premium amount. Avoid making claims for small expenses so that you can keep your No Claim Bonus (NCB) discount intact. Always transfer your NCB at the time of policy renewal.
How does the age of the car affect the car insurance premium?
The Insured Declared Value (IDV) offered by an insurance company for an old or aged car is lower than that of a new car. The age of a car affects the IDV because of the depreciation loss suffered by the car. Thus, the premium amount for aged cars is lower than that of brand new cars.
How to compare car insurance quotes at InsuranceDekho?
At InsuranceDekho, you can compare different car insurance quotes easily and quickly. All the quotes which get displayed to you are customized according to the details shared by you. Thus, you can compare the quotes basis the available coverage and other features offered by the car insurance plans.
For how long do car insurance quotes remain valid at InsuranceDekho?
At InsuranceDekgo, the generated car insurance premium quotes generally remain valid for around 10 days, however, they may change if the premium rates shared by insurance companies change or if the age of the car gets changed during the period.
How to get car insurance quotes online at InsuranceDekho?
You can get the best car insurance quotes at InsuranceDekho by following the below-mentioned steps:
Step 1: Visit insuracedekho.com and click on the tab for ‘Car’.
Step 2: Enter your car’s Registration Number. If you do not remember your car’s registration number, please choose the ‘Don't know your car number?’ option.
Step 3: A pop up window will appear. Now, select your car’s brand name, model, fuel type, variant, registration year, registration city and RTO.
Step 4: Enter your personal details - Name and Mobile Number. Click on ‘Submit and Get Quotes’.
Confirm the expiry date of your previous car insurance policy and the name of your previous car insurer.
Step 5: All available premium quotes from different insurers will be displayed to you.
How can I find cheaper car insurance quotes online?
You can find cheaper car insurance plans by comparing different quotes. You can do so by visiting InsuranceDekho and selecting the quote which best suits your requirements.
Are car insurance quotes free?
InsuranceDekho offers the service of comparing insurance premium quotes for your car for free. However, you need to pay the premium at the time of buying a car insurance plan.
Is the lowest premium quote the best car insurance quote?
No, the lowest premium quote need not be the best car insurance quote. The best car insurance plan is the one that meets your requirements like coverage, affordability, etc in the best manner. Thus, the premium quote is one of the basis and not the sole parameter for determining the best car insurance plan.
Car Insurance News
- Should You Buy Insurance For a Stored Car
Do I need insurance for a stored car? Let’s read about some ...27 October 2020
- How to Compare Car Insurance Policies To Choose Ri...
Not sure, which car insurance to buy? Let us help you choose...27 October 2020
- Mistakes Leading To Car Insurance Claim Rejection
Do you know common reasons why motor insurance claims get re...26 October 2020
- Claim Car Insurance After Accident Explained
Read on to see our step by step guide on claiming car insura...26 October 2020
- When Is The Best Time To Buy A Car in India
Want to buy a car? Let's know when is the best time to buy a...26 October 2020
- Know Which Are the Best Car Insurance Companies in...
Here is a list of the best car insurers in terms of claim se...20 September 2019
- Which Insurance Company Provides the Cheapest Car ...
Here is a list of car insurance plans available at reasonabl...24 September 2019
- How to Claim Car Insurance After Meeting an Accide...
Browse step by step experts guide on how to make a car insur...23 December 2019
- Is Personal Accident Cover for Owner-Driver Compul...
Every car owner in India is mandatorily required to have a p...09 December 2019
- Things to Know About Multi Year Car Insurance Poli...
There are multiple benefits of a multi year car insurance po...09 January 2020