Future Generali Car Insurance Calculator

A car insurance premium calculator is an online instrument with which you can find the right premium amount for your car insurance. You can get a customised insurance premium for your car by just entering a few details of your car such as make and model of your car, RTO location, etc., in addition to your No Claim Bonus status. With the knowledge of the correct premium amount, you can easily pick the perfect premium quote for you as per your requirements.

How to Use a Car Insurance Premium Calculator?

Follow the simple steps given below to use car insurance premium calculator:

Step 1: Pick the Make, Model, Variant and Fuel Type of your car.

Step 2: Pick the Year of Purchase and Location of Registration of your car.

Step 3: Mention as if any claim is requested by you against your car in the last policy tenure.

Step 4: Click on ‘Calculate’ and get the right IDV and car insurance premium amount for you.

Benefits of Car Insurance Premium Calculator

Listed below are some benefits of car insurance premium calculator at InsuranceDekho:

1. Right Insured Declared Value – You can get the right Insured Declared Value(IDV) of your car with this premium calculator. The amount of IDV is what you are entitled to receive as compensation if your car is stolen or sustains total loss. Getting your car’s right IDV is always recommended.

2. Right Premium - The right premium amount computed by the insurance calculator helps you understand how much amount you should actually pay as your car’s insurance premium.

3. Helps to Make Informed Decisions – You can make an informed decision about your car insurance with the knowledge of the right IDV and the amount of premium of your car.

4. Get You To Know the Right Plan - With the information of the right IDV and amount of premium computed through the calculator, you can easily select the best premium quote or deal for yourself.

Third Party Car Insurance Premium Rates

(Source:IRDAI)

Premium for Comprehensive and Standalone Own-Damage Car Insurance Plans

The amount of premium for standalone own-damage and comprehensive car insurance policies are based on factors such as the make, model, and variant of your car, age of the car, RTO location of your car, the fuel type and engine capacity of your car and so on. To get an instant insurance premium amount, use our Premium Calculator now.

Factors Which Determine Car Insurance Premium

Explained below are some factors that affect your car insurance premium:

1. Insured Declared Value: Insured Declared Value or IDV is the market value of your car. It is the amount that you can be compensated for in case of theft or total loss of your car. So, the higher the IDV of your car, the higher premium you will be required to pay as it increases the insurer’s liability.

2. Anti-Theft Devices: If you install ARAI-approved anti-theft devices in your car, then you will be able get a discount on your own-damage premium. This is because these devices ensure safety of the car that reduces the chances of theft which decreases the liability of the insurer.

3. Modifications: Modifying your car can increase the premium as modifications may compromise with the car's safety features and increase the chances of it being stolen or getting involved in an accident. So, more modifications will increase your car insurance premium.

4. Number of Add-Ons: Add-ons are the additional benefits that you can purchase by paying extra premium for your car insurance policy. Future Generali car insurance policies come with several add-on benefits such as zero depreciation cover, daily cash allowance cover, engine protection cover etc. But you must choose the add-on benefits wisely as they increase your car insurance premium.

5. Engine’s Cubic Capacity: Higher the cubic capacity of the engine of your car, the faster it can go, which increases the risk on the road. This increases the insurer’s liability and therefore, a higher premium will be charged for it.