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?
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