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  • Overview
  • Features And Benefits
  • Types of Shriram Car Insurance
  • New Car Insurance
  • Used Car Insurance
  • Bumper to Bumper Car Insurance
  • Own Damage Car Insurance
  • Comprehensive Car Insurance
  • Third-Party Car Insurance
  • Calculate Premium
  • Save On Premium
  • Renewal Benefits
  • IDV
  • NCB
  • Zero Depreciation
  • Deductibles
  • Coverages
  • Compare Plan
  • Premium Components
  • Eligibility and Required Documents
  • Buy / Renew
  • Claim Process
  • Terminologies
  • Policy Download
  • FAQs
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Shriram Car Insurance Premium Components

A car insurance premium is an amount paid to an insurer for purchasing a policy. Shriram Car Insurance premium will be computed based on various factors, such as the policy chosen, cover types, add-ons, term period, etc.

Third-Party (TP) Premium

Third-Party (TP) Premium

The government of India has made third-party liability insurance mandatory. TP premiums are computed based on the cubic capacity of the car engine

Own-Damage Premium

Own-Damage Premium

It is a part of the premium one pays to get coverage against various natural and man-made disasters. Each insurance company will have their own pricing for an Own-Damage premium

Compulsory Personal Accident Cover

Compulsory Personal Accident Cover

Recently, the government has made Personal Accident coverage mandatory for car owners/drivers due to the rise in injury cases. For risk cover, Rs. 15 lakh is the minimum sum insured

Add-ons

Add-ons

Add-ons are additional covers for the vehicle for enhanced protection. The premium rates depend on the type of add-on chosen by the insured. Some of the popular add-ons are zero depreciation cover , motor protection cover, engine and tyre protection cover, roadside assistance, etc.

Frequently Asked Questions

What are the factors that help in deciding policy premiums for your car?

IDV (Insured Declared Value), age of the car (If your car is an old one), Zone/City of Registration, Cubic capacity of the car engine and No Claim Bonus

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Shriram Car Insurance in Major Cities in India

Delhi

Delhi

Chennai

Chennai

Mumbai

Mumbai

Ahmedabad

Ahmedabad

Gurgaon

Gurgaon

Bangalore

Bangalore

Agra

Agra

Bhopal

Bhopal

Pune

Pune

Indore

Indore

Jaipur

Jaipur

Dehradun

Dehradun

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Your recent quote

Vehicle Model

Maruthi Wagan R

Premium Amount

₹ 1326 +GST

NCB Discount

25 %

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vehicle

Maruthi Wagan R

TN32TY6799

NCB Discount: 25 %

Benefits Covered

Premium Amount

₹ 1326 +GST

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IRDAI Consumer Education:- Insurance is the subject matter of solicitation. IRDAI Registration Number - 137. CIN No. U66010RJ2006PLC029979. BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS. IRDAI clarifies to public that IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums. IRDAI does not announce any bonus. Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.

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