How India’s Comprehensive Car Insurance Premium Is Determined

Comprehensive car insurance has two main parts: third-party cover and own-damage cover.

Third-party cover helps pay for damage or injury caused to other people.

Own-damage cover helps protect your own car.

The price depends on the car’s value, age, model and engine size.

Extra features, called add-ons, can increase the price.

A history of safe driving and no claims can reduce the price through discounts.

Choosing a higher voluntary deductible can also lower the premium.

The article says drivers can compare options and calculate an estimated premium online.