A car insurance premium calculator takes into account your car’s model, registration year, RTO, and variant to calculate the estimated premium of your four-wheeler. A car insurance premium calculator works based on these factors:
Thus, for a car insurance premium calculator to work, you must have the above-mentioned details handy.
Using a car insurance premium calculator is a very easy process. Simply head to the ‘Car Insurance Premium Calculator’ on Policybazaar.com and follow these steps:
Step 1: Visit the 'Car Insurance Calculator' page
Step 2: On the given calculator simply enter your car's model, make, fuel type and variant
Step 3: Select the RTO of your four-wheeler
Step 4: Select the year in which your car was purchased
Step 5: Select whether you have made a claim or not
Step 6: Press the ‘Calculate' button
Step 7: You will now see the estimated premium and Insured Declared Value of your car.
With the help of a car insurance calculator, you cannot only calculate motor insurance premiums online but also compare car insurance premiums of different insurance companies on Policybazaar.com. Moreover, this calculator works for both old and new cars as well. Thus, even if you are considering car insurance renewal, you can make good use of this tool.
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*Savings are based on the comparison between the highest and the lowest premium for own damage cover (excluding add-on covers) provided by different insurance companies for the same vehicle with the same IDV and same NCB. Actual time for transaction may vary subject to additional data requirements and operational processes.
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