Car Insurance Calculator

The exact premium amount for a Rs. 14 lakhs car depends on the insurance plan and add-ons you buy. You can take the help of the car insurance premium calculator to get an instant quote.

The basic premium refers to the amount you pay to the insurer for the insurance coverage without any add-ons.

Yes, the car model is an important factor while calculating the car insurance premium. The Third-party premium is dependent on the cubic capacity of your car's engine. Make-model also determines the market value or the Insured Declared Value (IDV) of the car. Higher IDV usually results in increasing the premium amount.

The calculator lets you select the cover, change the IDV, include add-on covers and NCB, and based on that information lets you know the premium you will have to pay to the insurer. This lets you make an informed choice before you buy the best car insurance policy.

ACKO doesn't charge you any pre-inspection fee for expired car insurance.

Yes, there are EMI options available for some insurance plans. They will be available to you on the payment page online. You can always talk to one of our advisors if you need additional help.

Yes. The location of the car is an important factor for calculating the insurance premium. The cost of the car varies in different states and cities. This has a direct impact on IDV and in-turn the insurance premiums.

When it comes to protecting your car against accidental damages or losses, you need to look beyond the premium of the insurance plan. Apart from the cost, it would be best to consider other vital factors such as the insurer's services, ease of insuring your vehicle, claim settlement process and customer service for a holistic insurance plan. Consider these factors while shopping for car insurance for wide-ranging benefits apart from the affordability of the insurance plan.

It is a good practice to renew your car insurance plan 15 to 20 days before the policy renewal date. This way, you ensure the continuity of the coverage and enjoy the benefits of any additional discounts.

Yes, you can switch to a new insurer while renewing the insurance policy for your car. You may get better or low-cost insurance renewal premium rates from the new insurer, and it is not mandatory that you need to stay with your existing insurer.

Avoid modifying your car that may hamper the use of safety features such as airbags. All banned or unauthorised modifications to your car may result in the rejection of your claims. Additionally, your car insurance renewal premium rate may increase since the cost of repairing such parts is higher.

One of the most significant setbacks of raising a claim during the policy period is the loss of the No Claim Bonus. If you wish to save on the renewal cost, you must avoid raising claims for minor damages to prevent the loss of the NCB discount.

Yes, it is completely safe. Insurers such as ACKO are licenced by the Insurance Regulatory and Development Authority of India (IRDAI), to sell car insurance policies in India.

Your car insurance premium rate is primarily based on the IDV, model, engine cubic capacity, year of manufacture and location. You can use the car insurance premium calculator to understand the renewal cost of your car insurance.

Yes. By ensuring a claim-free year, you get to enjoy the benefits of No Claim Bonus (NCB), which acts as a discount while renewing the policy. We (ACKO) often provide personalised discounts to our customers that can help you save over and above NCB.

This is a part of the claim amount that you will need to pay on your own. Voluntary Deductible is usually taken to reduce insurance premiums without compromising on benefits as it still protects you from a major financial loss.

Not with digital-first insurance companies like ACKO. You can buy car insurance online on ACKO with zero paperwork involved. It only takes a few minutes to get a policy online.

Instantly. Once you have completed your payment online, the policy document will be available for download immediately and a copy will also be emailed to you on your registered email id.

Use the car insurance premium calculator right at the top of this page. It is a highly effective tool to know the payable premium.

Yes, you can use the calculator above to renew your car insurance. Even if you bought your previous policy with a different insurer, you can still renew it this year with ACKO.

A lot of factors are involved in the calculation of your car insurance premium. Some of the important ones are the make-model of your car, your current city, previous claims history, choice of coverage, add-ons and any redeemable offers or discounts. You can explore them all by using the calculator at the beginning of this page.

You are required to enter the car’s registration number, manufacturing date, Insured Declared Value (IDV), model, number of Add-on covers, deductibles, etc. This car calculator is effective in checking used car insurance quotes as well.