India Car Info  (Beta Version) HOME| About Us | Contact Us | Site Map
  Forgot Password?
  Register as Dealer | Individuals
Home
New Cars
Used Cars
Photo/ Video Gallery
Dealers Locator
Service Center Locator
Future Cars
Accessories
Maintenance Tips
News and Events
Buyers Guide
Finance
Travel
RTO
Insurance < Premium Break-up for Four-wheelers        
Premium Break-up for Four-wheelers
The premium rates are specified by the IRDA and are identical across insurers. However, there is one instance when an insurer can ask for a higher premium: if you have a track record of making claims, the insurer can hike the premium rate in vehicle insurance. The premium payable as percentage of the IDV- by up to 100 per cent.

Premium Break-up for Four-wheelers
Vehicle Age up to 1,000 cc 1,000-1,500 cc over 1,500cc
Risk of theft and damage to vehicle:
Zone A      
Up to 5 years 3.127 3.283 3.440
6-10 years 3.283 3.447 3.612
Over 10years 3.362 3.529 3.698
Zone B      
Up to 5 years 3.039 3.191 3.343
6-10 years 3.191 3.351 3.510
Over 10years 3.267 3.430 3.594
Third-party liability 500 600 700
Occupants      
Driver 25 25 25
Passengers 200 200 200
Zone A: Ahmedabad, Bangalore, Chennai, Hyderabad, Kolkata, Mumbai, New Delhi and Pune
Zone B: Rest of India
Premium in Rs as percentage of IDV
Third-party liability: For cover up to Rs 6,000 On payment of an additional Rs 100, this cover can be increased to Rs 7.5 lakh
Occupants: Cover of Rs 1 lakh per person
Passengers: For four passengers at Rs 50 per person All figures are in Rs and as of August 2000
   Insurance
 
  Insurance Claim Procedure   IDV Depreciation Schedule
  Premium Break-up for Four-wheelers Depreciation Rates on Spare Parts
  Premium Break-up for Two-wheelers Tips
© 2005 www.indiacarinfo.com | All rights reserved
HOME| About Us | Contact Us | Privacy Policy | Disclaimer