- Vehicle Type: Select Car or Bike. (Car/Bike premium structures slightly differ.)
- Make, Model & Year: Enter vehicle make/model and registration year — this helps estimate IDV (Insured Declared Value). మునుపటి depreciation పట్టిక ఆధారంగా IDV అంచనా వేస్తారు.
- Current Insured Declared Value (IDV): If you know it, enter IDV ₹; otherwise use estimated IDV suggested by the calculator. IDV = current market value − depreciation.
- Coverage Type: Choose Third-Party Only or Comprehensive. Comprehensive covers own vehicle damage + third-party; Third-party covers only third-party liabilities.
- Add-ons / Riders: Select optional add-ons (e.g., Zero Depreciation, Roadside Assistance, Engine Protection, Personal Accident cover). Add-ons increase premium — calculator shows add-on break-up.
- No-Claim Bonus (NCB) %: Enter existing NCB % (if any) — this reduces premium for comprehensive policies.
- Voluntary Deductible: Higher voluntary deductible lowers premium — enter amount (if you choose).
- Click “Calculate” → outputs you will see:
• Estimated IDV (if not provided)
• Estimated Annual Premium (Comprehensive / TP)
• Add-on costs broken down (Zero-dep, RSA, Engine protect, PA)
• Premium after NCB and GST (final payable)
• Short explanation of assumptions (depreciation %, loading for age, etc.) - Reset: Use Reset to try different IDV, add-ons or deductible scenarios quickly.
Note: This is an estimator. Actual premium depends on insurer rate cards, vehicle condition, city, engine capacity (CC), declared IDV, past claims, and any voluntary discounts or accessories declared. For exact quote, request insurer quote with RC details and photos if needed.
Quick Tips — చిట్కాలు
IDV: Correct IDV is important — under-declaring increases own-damage shortfall; over-declaring increases premium. Use fair market value.
Zero Depreciation: Useful for new cars; not cost-effective for older vehicles — check cost vs benefit.
NCB: Protect your No-Claim Bonus — higher NCB can give big discounts on premium renewal.
One-line to show above calculator:
“Enter vehicle details, choose coverage & add-ons, input IDV or let calculator estimate — Click Calculate to see IDV, premium, add-on costs and final payable (incl. GST).”
