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Discount on premiums for Voluntary Deductibles - private cars and two-wheelers

The tables given below enlist the voluntary deductibles for car insurance for private cars and two-wheelers.

Apnainsurance.com Research Bureau

13 Dec 2007

The tables given below enlist the voluntary deductibles for car insurance for private cars and two-wheelers :

Private cars:

Voluntary Deductible
Discount
Rs. 2500
20% on the Own Damage (OD) premium of the vehicle, subject to a maximum of Rs. 750/-
Rs. 5000
25% on the OD premium of the vehicle, subject to a maximum of Rs. 1,500/-
Rs. 7500
30% on the OD premium of the vehicle, subject to a maximum of Rs. 2,000/-
Rs. 15000
35% on the OD premium of the vehicle, subject to a maximum of Rs. 2,500/-


Two-Wheelers:

Voluntary Deductible
Discount
Rs. 500
5% on the OD premium of the two wheeler, subject to a maximum of Rs. 50/-
Rs. 750 10% on the OD premium of the two wheeler, subject to a maximum of Rs.75/-
Rs. 1000 15% on the OD premium of the two wheeler, subject to a maximum of Rs.125/-
Rs. 1500 20% on the OD premium of the two wheeler, subject to a maximum of Rs.200/-
Rs. 3000 25% on the OD premium of the two wheeler, subject to a maximum of Rs.250/-

See Also:

motor insurance FAQs on Claims

motor insurance FAQs on Coverage

motor insurance FAQs on Cost, Premiums, Bonus, Discounts, Renewals

Can the insurance premium on my vehicle be reduced?

What motor insurance covers vs. What it excludes

What is No Claim Bonus?

What if I forget to renew my auto insurance on time?



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