Calculate Bike and Scooter Insurance Premium Amount Online
Bike Insurance Premium Calculator is an online tool which helps you determine the premium amount payable in a few easy steps. You can calculate the premium amount for renewing an existing policy or taking a new policy for your motorcycle or scooter. All you have to do is give some essential details on your vehicle and the information on premium amount is just a click away.
* We provide an estimated price to give you an idea of how much your insurance will cost. Correct premium amount will be slightly different depending on the insurance service provider you choose.
* For vehicles over 5 years of age, the Insured Declared Value (IDV) is calculated by assessment of the vehicle by surveyors, dealers etc instead of a depreciation percentage fixed by Insurance Regulatory and Development Authority (IRDA).
** The Basic Own Damage premium is around 2-3% of the IDV depending on the age, cubic capacity of the vehicle and this value varies with insurer.