{"id":40385,"date":"2019-04-12T12:41:12","date_gmt":"2019-04-12T07:11:12","guid":{"rendered":"https:\/\/www.newsilike.in\/?p=40385"},"modified":"2019-04-12T12:41:15","modified_gmt":"2019-04-12T07:11:15","slug":"simple-guide-to-use-your-motor-insurance-premium-calculator-online","status":"publish","type":"post","link":"https:\/\/www.newsilike.in\/simple-guide-to-use-your-motor-insurance-premium-calculator-online\/","title":{"rendered":"Simple Guide To Use Your Motor Insurance Premium Calculator Online"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"700\" height=\"283\" src=\"https:\/\/www.newsilike.in\/wp-content\/uploads\/how-to-choose-best-car-loan-700x283.jpg\" alt=\"how-to-choose-best-car-loan\" class=\"wp-image-40046\" title=\"\" srcset=\"https:\/\/www.newsilike.in\/wp-content\/uploads\/how-to-choose-best-car-loan-700x283.jpg 700w, https:\/\/www.newsilike.in\/wp-content\/uploads\/how-to-choose-best-car-loan-500x202.jpg 500w, https:\/\/www.newsilike.in\/wp-content\/uploads\/how-to-choose-best-car-loan-768x310.jpg 768w, https:\/\/www.newsilike.in\/wp-content\/uploads\/how-to-choose-best-car-loan.jpg 825w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/figure>\n\n\n\n<p>A motor insurance premium calculator is an online tool that enables customers to calculate the premium amount payable on a motor insurance. It also helps the customers to compare the <strong><a href=\"https:\/\/www.bajajallianz.com\/Corp\/motor-insurance\/motor-insurance-online.jsp\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">motor insurance<\/a><\/strong> policy.<\/p>\n\n\n\n<p>In a nutshell, a\nmotor insurance premium calculator is a very effective method in which you can\nget the best motor insurance policy for your vehicle. Comparing the premium\namount of different policies is just a click away. <\/p>\n\n\n\n<p>Once you have\nknowledge of the estimated premium, it is easy for you to evaluate your needs and\nchoose the right policy. The benefits of using a motor insurance premium\ncalculator are:<\/p>\n\n\n\n<ul><li>An insurance premium calculator\nmakes the insurance process hassle-free and transparent<\/li><li>You can compare the premium\nrates of the competitors and choose the best insurance policy<\/li><li>You can see how each variable\nimpacts the motor insurance premium and how change in each variable changes the\ninsurance premium<\/li><li>You can escape fraudulent\nagents who trick you into paying higher premium. You can calculate and see the\npremium for yourself.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Factors that affect the motor insurance premium<\/strong><\/h2>\n\n\n\n<p>The below-mentioned\nfactors impact the motor insurance premium.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>1. Age<\/strong> <\/h3>\n\n\n\n<p>It is a common\nnotion that drivers and riders under the age of 25 are more prone to accidents\nas most of them do not have the discipline to follow road safety rules. Therefore,\npolicyholders in this age-bracket are usually offered an insurance policy at higher\npremiums.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>2. Model and Brand<\/strong> <\/h3>\n\n\n\n<p>The owners of the\nhigh-end cars such as Mercedes, Bentley and Audi need to pay higher premium for\nmotor insurance, than that of the budget cars such as Maruti Suzuki or Santro.\nAt the same time, you have to pay more premium if you own an SUV as compared to\na regular car.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>3. Place of Residence<\/strong> <\/h3>\n\n\n\n<p>It might appear\nstrange but premium amount also varies across the place of residence. Urban\nareas are prone to traffic and accidents. Hence, insurers charge a higher\npremium for urban locations as compared to semi-urban locations.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>4. Type of Fuel<\/strong><\/h3>\n\n\n\n<p>&nbsp;The fuel you use in your car also determines\nthe premium amount. A vehicle running on diesel demands higher premium for\ninsurance as compared to a CNG or petrol car.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>5. Occupation<\/strong> <\/h3>\n\n\n\n<p>If the owner of\nthe car is a defence personnel, government employee or a doctors he is entitled\nto get discount on the premium amount. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>6. Deductible<\/strong><\/h3>\n\n\n\n<p>&nbsp;In insurance parlance, deductible is the\namount of expenses that the insured is going to bear out of his pocket. If the\namount of deductible is higher, the premium is less and vice-versa.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>How to use the motor insurance premium calculator?<\/strong><\/h2>\n\n\n\n<p>The two wheeler and <strong><a href=\"https:\/\/www.bajajallianz.com\/Corp\/car-insurance-premium-calculators.jsp\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">car insurance premium calculator<\/a><\/strong> is a tool that is available online. You can see great variations in the premium rates as per the inputs mentioned by you. <\/p>\n\n\n\n<p>The details that\nyou mention for the calculation of the premium amount include vehicle model\ndetails, date of registration, date of manufacturing, city of residence, extra\nadd-ons desired and the estimated start date of policy. <\/p>\n\n\n\n<p>In case the\nvehicle is a used one, you would be required to give additional details such as\nfuel type, registration number, existing details about car insurance policy and\ndetails pertaining to change in ownership.&nbsp;\n<\/p>\n\n\n\n<p>Once you mention\nall these details and click on calculate, the premium calculator automatically\ngives you the estimated premium within a split second. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Conclusion<\/strong><\/h2>\n\n\n\n<p>You can use the motor\ninsurance premium calculator for comparing various policies, but premium is not\nthe only determining factor. These tools can be easily found when you buy the\nmotor insurance online.<\/p>\n\n\n\n<p>You also need to look at other features and benefits of the <strong><a href=\"https:\/\/www.bajajallianz.com\/Corp\/motor-insurance\/liability-only-motor-insurance.jsp\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">motor insurance policy<\/a><\/strong>. The amount of premium must commensurate with the coverage provided for the policy. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A motor insurance premium calculator is an online tool that enables customers to calculate the premium amount payable on a motor insurance. It also helps the customers to compare the motor insurance policy. In a nutshell, a motor insurance premium calculator is a very effective method in which you can get the best motor insurance&hellip;<\/p>\n <a href=\"https:\/\/www.newsilike.in\/simple-guide-to-use-your-motor-insurance-premium-calculator-online\/\" title=\"Simple Guide To Use Your Motor Insurance Premium Calculator Online\" class=\"entry-more-link\"><span>Read More<\/span> <span class=\"screen-reader-text\">Simple Guide To Use Your Motor Insurance Premium Calculator Online<\/span><\/a>","protected":false},"author":2,"featured_media":40046,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"Layout":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"Simple Guide To Use Your Motor Insurance Premium Calculator Online #Insurance #Car #Motor","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[4609],"tags":[],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.newsilike.in\/wp-content\/uploads\/how-to-choose-best-car-loan.jpg","_links":{"self":[{"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/posts\/40385"}],"collection":[{"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/comments?post=40385"}],"version-history":[{"count":0,"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/posts\/40385\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/media\/40046"}],"wp:attachment":[{"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/media?parent=40385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/categories?post=40385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/tags?post=40385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}