The car insurance premium is dependent on certain key factors. The main factors are the following:
Yes, the engine capacity has an important role to play in determining the premium for your four-wheeler. Here is how the engine capacity contributes to the premium.
Less than 1000 cc (cars like Maruti Suzuki Alto, Renault Kwid) - Rs.1,850
1000 cc – 1500 cc (cars like Maruti Suzuki Dzire, Honda Amaze) - Rs.2,863
More than 1500 cc (cars like Hyundai Creta, Skoda Rapid) - Rs.7,890
Upon request, the insurance agent will visit your home. Make sure you give appropriate time for an appointment. You can also meet him at your office or the office of the agent. The agent will try his best to meet at your convenience.
Though IRDA only makes the third party insurance compulsory, there are plenty of advantages of having a comprehensive insurance plan. Some of the benefits are the following: