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 Read More

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Premium coverage starts at ₹ 457*
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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
  • 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 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.

  • Factors Which Determine Bike Insurance Premium

  • 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

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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.

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