The insurance amount for a 15 lakh car in India will vary depending on several factors such as the make, model, age of the vehicle, location, and the coverage options selected. Insurance companies calculate the premium based on the Insured Declared Value (IDV) of the car, which represents its approximate market value. Additionally, factors like the owner's driving history, claim record, and the type of coverage (third-party liability, own damage, comprehensive) will also influence the insurance amount. To get an accurate insurance quote for a 15 lakh car, it is advisable to reach out to insurance providers and provide them with the specific details of the vehicle and your coverage preferences. They will be able to offer customized insurance quotes tailored to your requirements and provide more precise information on the insurance amount.
How Much is the Insurance Amount of Car in Tamil Nadu?
The insurance amount for a car in Tamil Nadu varies based on factors such as the car's make and model, location, and type of coverage. The annual premium can range from Rs. 2,200* to 8000*, depending on individual circumstances and coverage choices.
How Much is the Insurance Amount of Car in Karnataka?
The insurance amount for a car in Karnataka varies based on factors such as the car's make and model, location, and type of coverage. The annual premium can range from Rs 3,000* to 9000*, depending on individual circumstances and coverage choices.
How Much is the Insurance Amount of Car in Telangana?
The insurance amount for a car in Telangana, like in other Indian states, varies based on factors such as the car's make and model, location, and type of coverage. The annual premium can range from Rs. 2,400* to 5,500*, depending on individual circumstances and coverage choices.
How Much is the Insurance Amount of Car in Maharashtra?
The insurance amount for a car in Maharashtra, like in other Indian states, varies based on factors such as the car's make and model, location, and type of coverage. The annual premium can range from Rs. 2,500* to 8000*, depending on individual circumstances and coverage choices.
How Much is the Insurance Amount of Car in Kerala?
The insurance amount for a car in Kerala, like in other Indian states, varies based on factors such as the car's make and model, location, and type of coverage. The annual premium can range from Rs. 2,000* to 5000*, depending on individual circumstances and coverage choices.