What Is Premium Advantage Applied In Car Insurance?

Premiums repay your amount in case your car is damaged due to any natural events such as earthquakes, fires, storms, etc., or due to an accident.

What is the Premium Advantage of Car Insurance?

The premium of car insurance is based on vehicle Cubic Capacity, no claim bonus, driving habits, limits and deductibles you choose, etc. It covers you from the third-party property for a certain amount.

What Is 15 Premium Advantage In Car Insurance?

The 15% premium advantage in car insurance is a discount offered by some insurance providers in India for those who have not made any claims in the preceding year. Under this benefit, the policyholder can avail of a discount of up to 10% on the own damage premium of their car insurance policy. The discount is offered as a reward for maintaining a good driving record and not making any claims during the policy period. This discount can be availed of at the time of policy renewal, and it helps reduce the overall premium amount payable for the policy. The discount percentage may vary based on the insurance provider's terms and conditions and the type of insurance coverage opted for. It is advisable to compare car insurance policies and premiums offered by different insurers to choose the one that provides adequate coverage as per your needs and budget.

What Is 10 Premium Advantage In Car Insurance?

The 10 premium advantage in car insurance is a discounts offered by some insurance providers to policyholders who opt for a long-term insurance policy. Instead of renewing the policy every year, policyholders can opt for a policy that covers their car for multiple years, typically two or three years. By doing so, they can avail of a discount of up to 10% on the total premium amount. This is because insurers consider long-term policies less risky and the discount is offered as an incentive to encourage policyholders to opt for longer coverage. The 10-premium advantage can help policyholders save money on their car insurance premiums and also provide them with peace of mind by ensuring continuous coverage for their vehicle without any hassle of annual renewals.

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.

Start Saving Money on Insurance Policy

Compare Life, Health, Car and Two wheeler Insurance rates from top Insurance companies for free.

1,000+ Reviews
Been Here Before?
Get Back to My Quotes

Please wait while your request is being processed.