Thursday, June 2, 2011

Auto Insurance | Auto Car Insurance | Car Insurance Premium


The Oriental Insurance Company LtdNew India Assurance Company
There is danger at every corner when it comes to Indian roads. Your brand new vehicle, and it gets hit by someone who mistakes a highway for space, and his car for a space shuttle. Insurance can pay for your financial loss, at least.

We give you the various insurance schemes, details about what is insured, theComprehensive Cover, Third Party Insurance and much more.

Other online services include insurance online service. Get your vehicle insured online, and drive without a worry. Also read on about the major insurance companies.
Small cars are classified according to the price range which varies from 1 to 3 lakhs. It has the capacity to carry 4 passengers- 2 adults, 2 children. These are basically entry level cars which are preferred by service group and middle income group.

These cars are basically manufactured by - Maruti Udyog and Reva. While companies like Volkswagon and Reva are yet to launch their models in the market.

CAR INSURANCE POLICY PREMIUM TABLE

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Insurance
Policy /Provider
Yearly Premium for various Insured Declared Value (IDV)(Rs.)
(with difference of Rs.10,000 +/-)
Action
1,00,000
1,10,000 
1,20,000 
Calculated IDV
1,30,000 

1,40,000 
1,50,000 
1,60,000 
13 Sample Results based on default inputs.
Bajaj Allianz General - Private Car Package2,4192,5882,7562,9253,0923,2603,429Apply
HDFC Ergo General - Private Car Pacakage Policy2,5492,7292,9103,0913,2733,4543,634Apply
New India Assurance - Private Car Pacakage Policy2,5492,7312,9113,0923,2733,4553,636Apply
Tata AIG General - Auto Secure2,5502,7312,9133,0933,2743,4553,637Apply
National Insurance - Private Car Policy2,5582,7402,9223,1043,2863,4683,650Apply
Oriental Insurance - Private Car Package Policy2,8093,0153,2223,4293,6363,8434,051Apply
ICICI Lombard - Motor Insurance3,0673,3003,5313,7653,9984,2314,463Apply
Royal Sundaram - Carshield Private Car Policy3,0673,3003,5323,7653,9984,2314,463Apply
Reliance General - Private Car Package Policy3,0673,3003,5313,7653,9984,2314,463Apply
United India Insurance - Private Car Pacakage Policy3,3263,5843,8424,1024,3614,6194,878Apply
IFFCO Tokio - Private Car Policy3,3263,5843,8424,1024,3604,6194,878Apply
Cholamandalam General - Motor Insurance3,3263,5843,8424,1024,3614,6194,878Apply
Future Generali General - Motor Policy3,3263,5843,8424,1024,3614,6194,8

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