Car Insurance Calculator

Estimate car insurance premium

Base Premium

₹24,000

Before NCB

GST

₹4,896

@ 18%

Final Premium

₹32,096

Annual estimate

Premium Breakdown

Car Insurance Calculator

Estimate car insurance premium using IDV, base premium rate, no-claim bonus, add-ons, and GST.

What does this calculator estimate?

This calculator gives a planning estimate of annual car insurance premium by splitting base premium, NCB discount, add-on cover cost, GST, and final premium.

How car insurance premium is calculated

Premium before tax is estimated as base premium minus NCB discount plus add-ons. GST is then applied to estimate final payable premium.

Frequently Asked Questions

1

Is this the final premium?

No. Actual premium depends on insurer, city, vehicle model, age, claim history, cover type, and add-ons.

2

What is IDV?

Insured Declared Value is the approximate current value of the vehicle used for insurance calculation.

3

What is NCB?

No-claim bonus is a discount for claim-free years, subject to insurer rules.