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Premium coverage starts at 457*
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Benefits of Chola MS Premium Calculator Bike Insurance

    Benefits of Chola MS Premium Calculator Bike Insurance

  • Accurate Bike Value The calculator tells you the current market value of your bike, known as the Insured Declared Value (IDV). This helps in making sure that you have the right amount of coverage based on your bike's real worth.Know Your Premium Cost By using the calculator, you can see exactly how much you will need to pay for your bike insurance. Through this way, you can maintain your budget accordingly.Make Informed Choices A calculator helps in comparing different quotes from various insurance providers. This makes it easier to know which insurance company offers the best benefits and coverage that caters to your needs.Find Affordable Options It provides quotes from all insurance companies on one page, enabling you to compare and find an insurance policy within your budget that will meet your requirements.

  • Third Party Bike Insurance Premium Rates

  • Engine CapacityPremium to buy a new policy (5 years plan)Premium to renew existing policy (1 year plan)
    Not exceeding 75ccRs. 1,045Rs. 482
    Exceeding 75cc but not exceeding 150 ccRs. 3,285Rs. 752
    Exceeding 150 cc but not exceeding 350 ccRs. 5,453Rs. 1,193
    Exceeding 350 ccRs. 13,034Rs. 2,323
  • Third Party Electric Bike Insurance Premium Rates

  • Engine CC of the E-Bike Third Party E-Bike Insurance Premium Prices (in ₹) (w.e.f 1st June 2022)
    Up to 3 KW₹ 457
    Over 3 KW and up to 7 KW₹ 607
    Over 7 KW and up to 16 KW₹ 1,161
    Over 16 KW₹ 2,383

    Disclaimer: The third-party insurance rates mentioned in the above tables may vary depending on the age, make and model, and city of registration of the two-wheeler.

  • How to Use a Premium Calculator?

  • To use the calculator, follow these steps:Log on to the official website of Square Insurance Brokers.Click on "Buy Two-Wheeler Insurance."Enter details about your bike's make, model, and other registration information.Choose the type of coverage you want for your bike.Click "Calculate Premium", and the available insurance plans will appear on your screen.You can include additional covers you want to add and details of any No Claim Bonus if you have them.Thereafter, the calculator will show your premium amount as per the filled information.

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