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IFFCO Tokio Premium Calculator
The bike insurance calculator is an online easy-to-use tool that helps you in getting the estimation of your two-wheeler insurance plan premium. In order to calculate the correct amount of premium, you need to enter a few basic details about your bike, which may include the make of your bike, model of your bike, RTO location of your bike, registration year of your bike, etc. Fill in the following details into the calculator to get the right premium amount for your IFFCO Bike insurance plan.
Third Party Bike Insurance Premium Rates
Engine Capacity Premium to buy a new policy (5 years plan) Premium to renew existing policy (1 year plan) Not exceeding 75cc Rs. 1,045 Rs. 482 Exceeding 75cc but not exceeding 150 cc Rs. 3,285 Rs. 752 Exceeding 150 cc but not exceeding 350 cc Rs. 5,453 Rs. 1,193 Exceeding 350 cc Rs. 13,034 Rs. 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.
To use the calculator, follow these simple steps:Step 1: Go to Square Insurance Brokers' official website.Step 2: Click on "Buy Two-Wheeler Insurance."Step 3: Enter the details of your bike’s make, model, and registration year.Step 4: Now, it's time to choose the type of insurance coverage you want for your bike.Step 5: Click on "Calculate Premium" to see the available plans.Step 6: In this step, you can add any extra covers or mention any No Claim Bonus you may have.Step 7: The calculator will then show your premium based on the details you provided.
Here are some important factors that can affect the premium amount.No Claim Bonus (NCB)Insured Declared Value (IDV)Anti-Theft Devices Engine’s Cubic CapacityAge of the Owner
How to Use a Premium Calculator?
Factors Which Determine Bike Insurance Premium
Bike Insurance Plans By IFFCO Tokio
FAQs
Yes, it is completely safe to use the IFFCO Tokio bike insurance premium calculator.
Yes, the premium calculator can be used to calculate the insurance premium on older bikes too.
There are various factors that are considered to evaluate the premium of a bike insurance policy, for instance, Insured Declared Value (IDV), cubic capacity of the engine, No Claim Bonus (NCB), installing anti-theft devices, or even the age of the owner.
Yes, installing an anti-theft device can lower your bike insurance premium as it reduces the risk associated with the bike.
Yes, having a No Claim Bonus (NCB) can hugely reduce your bike insurance premium as it indicates a claim-free record.