InsuranceToolHub
Motor Premium Calculator
Rate Admin

Customer & Vehicle

%Calculate Commission
Commission, TDS and PCV/MISD cut-pay.
Open Commission Calculator

Vehicle Classification

Policy & OD

Add-ons & Liabilities

Electrical Accessories
Non-Electrical
CNG / LPG
PA for Unnamed Passengers
Employees (LL)
PA Cover
Paid Drivers (LL)

Optional Add-on Premium

OD
OD
OD
OD
Cover
Cover
0 add-ons selected Selected premium: ₹0
Basic OD₹0
OD Additions₹0
OD Discounts / NCB₹0
Total OD₹0
Basic TP₹0
Liability / Covers₹0
Add-ons₹0
GST₹0
FINAL PREMIUM₹0

Motor Insurance Premium Calculator

Work through motor insurance premium components such as IDV, Own Damage (OD), Third Party (TP), NCB, liability covers, add-ons and GST. Enter the applicable policy and vehicle details, review the premium breakdown, and use the result as a working calculation.

What you can calculate

Vehicle premium, OD and TP components, NCB or OD discounts, liability covers, optional add-ons and final premium.

Related tools

Commission & Cut-Pay Calculator · Motor Insurance Tools

Worked calculation structure

A motor premium calculation can be reviewed as a sequence rather than one unexplained total: establish the applicable vehicle value or IDV, calculate the relevant OD component, apply applicable discounts such as NCB, add TP and selected covers, then calculate GST on the applicable premium total. Exact rates and eligibility depend on the vehicle, product, insurer and current rules.

Illustrative flowIDV → OD → applicable discount/NCB → TP & covers → add-ons → GST → Final Premium

Important calculation note

Verify current insurer rates, product rules, tariff requirements and the final policy schedule before relying on a premium result.