Engine Capacity of your car.

How much does third party car insurance cost in india. The good thing about third party car insurance is that it is very cheap. The term third-party car insurance is much more common in other countries. The first year insurance cost for a car of capacity of over 1500 cc say a Hyundai Creta has gone up from about Rs 23897 to nearly Rs 45804 or even higher -.

Typical costs for liability-only or state minimum policies are in the range of 500 to 1000. Driver profile coverage options. 1000 which is a small fraction of overall cover.

From 1st September onwards you will be required to take 3 years for a new car and a third party insurance cover of 5 years for the bike. How Much Does a Third Party Bike Insurance Cost. The cost of third party auto insurance will vary considerably depending on your age where you live and your driving history among other factors.

Premium rates vary based on this. If you opt for a lesser coverage it will lower the premiums involved. The third party car insurance premium for the current year is as follows.

Third party motor insurance is a mandatory requirement in India under the provision of the Motor Vehicle Act 1988. Third party here means someone who is other than the insurance company and the policy holder- be it a pedestrian or person travelling in another vehicle. However you have the option to restrict the third party car insurance coverage to up to Rs.

However only third party liability premium is less than Rs. Third party bike insurance premium or. To get a real insight into how much a third-party insurance policy costs a car insurance calculator proves to be really helpful.