Magma HDI Car Insurance Premium Calculator

A Magma HDI car insurance premium calculator can be used to ascertain a Magma car insurance policy before purchasing one. With the help of this calculator, you can get the correct premium amount based on your car’s details.

Read more


No documents required Compare & Save upto 85%* on Car Insurance
Renew in 2 minutes
Chose from 20+ insurers
51 lakh+ Cars insured
Processing

Compare & Save upto 85%* on Car Insurance

Cashless garages4000

Plans starting @₹ 3507

Claim settlement ratio

Claim settlement ratio 97.1%

*TP price for less than 1000 CC cars. All savings are provided by insurers as per IRDAI approved insurance plan. Standard T&C apply.

Benefits of Magma HDI Car Insurance Premium Calculator

A Magma HDI car insurance premium calculator offers various benefits to the policyholder. These include:

  • Quick Calculation: Using a car insurance premium calculator, you can quickly calculate the premium of your four-wheeler insurance policy.
  • Customized Premium: With the help of a car insurance calculator, you can calculate customized premium based on your car’s model, variant and other details.
  • Get Right IDV: With a Magma HDI car insurance premium calculator, you can also get the right Insured Declared Value of your car before buying a policy.
  • Compare Car Insurance Quotes: By using a Magma car insurance premium calculator, you can also compare multiple car insurance quotes online. 

How to Use Magma HDI Car Insurance Premium Calculator?

Using the Magma HDI four-wheeler insurance calculator is a simple task. Follow these steps to use this calculator online:

  • Visit Magma car insurance premium calculator on Policybazaar.com
  • From the given table, select the brand of your car such as Maruti, Honda, Tata, etc
  • Now select the model of your car
  • Select your car's fuel type
  • Once, you have selected the fuel type, you can select your car's variant
  • Now select the car's registration year along with the RTO
  • The last step is to select whether you have previously made a claim or not
  • Now press the 'Calculate' option
  • Your car insurance price along with the IDV will be calculated.

How to Reduce Magma HDI Car Insurance Premium?

To reduce Magma HDI car insurance premium, you can follow these below-mentioned ways:

  • Avoid Making Small Claims: Making claims for minor damages, can lead to higher premiums as you will lose your accumulated NCB reward. A No Claim Bonus is a discount given by insurers on renewal premiums for not raising a claim during a policy year. However, it becomes nullified as soon as a claim is raised. Thus, make sure to not raise claims for minor damages to avoid losing your NCB.
  • Choose the Right Coverage: Choosing the right insurance coverage is also essential in reducing your car insurance premium. Third-party coverage carries a lower premium than a comprehensive one. Thus, before purchasing Magma HDI four-wheeler insurance, make sure to choose the coverage that you require for your vehicle.
  • Choose the Right Add-on: An add-on also increases the premium of a four-wheeler insurance policy. The more add-ons you add to your policy, the more will be the premium. Therefore to reduce your Magma HDI car insurance premium, you must only purchase the add-ons that you need for your four-wheeler.
  • Install Anti-Theft Devices: Anti-theft devices add a layer of security to your four-wheeler which in turn also reduces the liability of the insurer. Thus, your car insurance premium reduces upon their installation. However, you must make sure to only install ARAI-approved anti-theft devices in your car.

You might be interested in

Magma Hdi Car Insurance
Magma Hdi Car Insurance Claim
Magma Hdi Comprehensive Car Insurance
Magma Hdi Car Insurance Customer Care
Magma Hdi Car Insurance Policy Download
Magma Hdi Third Party Insurance
Magma Hdi Zero Depreciation Car Insurance
Magma Hdi Car Insurance Reviews
Magma Hdi Cashless Garages

FAQs

Find similar car insurance quotes by body type

Hatchback Sedan SUV MUV
Why buy from policybazaar

Car insurance articles

Recent Articles
Popular Articles
Does Comprehensive Car Insurance Cover Hit and Runs?
Does Comprehensive Car Insurance Cover Hit and Runs?

09 Jan 2023

Yes, your comprehensive car insurance policy may cover the damages
Read more
The New IRDAI Regulations for KYC in Car Insurance
The New IRDAI Regulations for KYC in Car Insurance

03 Jan 2023

As per the IRDAI guidelines, all motor insurance sectors including
Read more
How Can We Use Roadside Assistance Cover in Car Insurance?
How Can We Use Roadside Assistance Cover in Car Insurance?

09 Dec 2022

Roadside Assistance is an add-on cover offered with your
Read more
Is Nut Bolt Covered Under Car Insurance?
Is Nut Bolt Covered Under Car Insurance?

06 Dec 2022

No, any damage to the nut bolt or any other consumable of your
Read more
What Happens When You Only Have Third-Party Insurance?
What Happens When You Only Have Third-Party Insurance?

05 Dec 2022

Third-party car insurance is a mandatory cover as per the motor
Read more
Getting Your Duplicate Car Insurance Policy is Easy-Here’s How!
Getting Your Duplicate Car Insurance Policy is Easy-Here’s How!
Losing your car insurance documents can be daunting. In such a state of affairs, the first thing that comes to your
Read more
Check Car Insurance Status Online on Parivahan Sewa/ RTO?
Check Car Insurance Status Online on Parivahan Sewa/ RTO?
It doesn’t matter if you are an excellent driver or take your car out only once in a few months, your car must be
Read more
Multiple Ways To Check Your Car Insurance Status Online
Multiple Ways To Check Your Car Insurance Status Online
With everything going digital, checking vehicle insurance status online has become easier than ever. It not only
Read more
How to Find Car Insurance Details by Registration Number?
How to Find Car Insurance Details by Registration Number?
As a car owner, it is mandatory to have a car insurance policy under the Motor Vehicles Act, 1988. Sometimes, you
Read more
Transferring Car Insurance from One Person to Another
Transferring Car Insurance from One Person to Another
An integral part of selling a car, for both the buyer and the seller, is ensuring a successful car insurance
Read more
top
View Plans
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL