Home   >>    Insurance   >>    Car Insurance   >>     Premium


The premium of a new car depends up on the showroom price of the car. The premium of an old car is calculated on the basis of what is known as its Insured Declared Value (IDV). The IDV is basically the depreciated value of the vehicle agreed upon by the insurer and the policyholder. The IDV of a vehicle reduces with age.

Auto Insurance Premium: Basics

Read More >

Auto Insurance Premium: Opinion

Read More >

Decision-making Corner

  • Term Insurance comparator
  • Mediclaim comparator
  • Endowment vs. Whole Life Comparator
  • Should I Continue My Whole life Policy?

Read More >


Get Car Insurance Proposals
Upto 5 providers will offer you alternative proposals based on Feb 2019 premiums

Preferred Insurance Cos.:
  •  Any 5
  •  CHOLA


I authorize the website and its partner providers to call or SMS me in connection with my application & agree to the Privacy Policy and Terms of use