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| What are the factors affecting the premium amount? |
The premium rates are governed by tariff as decided by the Tariff Advisory Committee. Generally speaking, the premium payable for your vehicle depends on:
 | Type of vehicle |
| Age of vehicle |
| City of registration |
| Period of coverage (For less than 12 months) and |
| Any applicable discounts/loadings, as per relevant General regulation of motor tariff. |
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| Why should my place of residence affect the premium amount? |
As per the Indian Motor Tariff, cities are categorized into specific zones based on the registration of vehicle and these zones have different rating factors for premium. For Cars, Two-wheelers and commercial vehicles.
Zone-A: Ahmedabad, Bangalore, Chennai, Hyderabad, Kolkata, Mumbai, New Delhi and Pune
Zone-B: Rest of India
The premium charged depends upon the city of registration, irrespective of the place where it is used or where the insurance in renewed. |
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| What are the benefits available to handicapped people? |
| A discount of 50% is available on the own damage premium provided they modify such vehicles for use. The above discount is also available for institutions exclusively engaged in the service of the handicapped. |
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| What are your premium rates? |
Kindly go through our policy wordings to understand the premium rates as per the manufacturing date of vehicle.
The basic premium is calculated as per the Indian Motor Tariff. It varies from case to case.
It depends primarily on the following factors:
1. Type of vehicle
2. Age of vehicle
3. Period of coverage
4. Discounts/ loadings
5. IDV (Insured's Declared Value) |
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| What is ARAI? |
| ARAI stands for Automotive Research Association of India. (Automotive Research Association of India) In case you have installed ARAI (Automotive Research Association of India) approved anti theft device in your vehicle, whose installation is duly certified by the agency, you get a discount of 2.5 % on the OD Premium to a maximum of Rs. 500. |
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| What are the different modes of payment? |
Now you can choose between 5 payment options to pay your premium online:
| Credit Card – Make secure premium payment with your VISA, Master and AMEX card. Avail 0% EMI on ICICI Bank & Citibank Credit Cards. |
| Net banking - Transfer premium amounts online through ICICI Bank and 9 other select Banks |
| Bill Pay – Use your ICICI Bank Internet Banking account to pay your Motor Insurance premium |
| Debit Card – Just enter your Citibank Debit Card details to pay your insurance premium directly |
| Cash Card - Use your Done Card to make payment online. |
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FAQs 
