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Motor Tariff Wef 16-06-2019

This document provides motor vehicle insurance tariff rates for various zones and types of vehicles in India. Rates are given for two-wheelers, private cars, taxis, auto rickshaws, buses and goods vehicles. Depreciation rates are also specified based on the age of the vehicle. Additional covers like compulsory personal accident and third party property damage are included. Rates vary based on the zone, engine capacity, number of passengers and weight of the vehicle.

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Digvijay Kanoje
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100% found this document useful (1 vote)
3K views1 page

Motor Tariff Wef 16-06-2019

This document provides motor vehicle insurance tariff rates for various zones and types of vehicles in India. Rates are given for two-wheelers, private cars, taxis, auto rickshaws, buses and goods vehicles. Depreciation rates are also specified based on the age of the vehicle. Additional covers like compulsory personal accident and third party property damage are included. Rates vary based on the zone, engine capacity, number of passengers and weight of the vehicle.

Uploaded by

Digvijay Kanoje
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Single Page All India ( All Zones ) MOTOR TARIFF - Revised w.e.f.

16/06/2019
Zone - A Zone - B Depreciation Schedule for IDV
Third Other Covers
Type of Upto 6 months Age-5%, >6
Available (TPPD
(Ahmedabad,B'lore,Chennai, months to 1 Yr-15%, >1 Yr to 2 Party
Motor Delhi/New Delhi,Hyderabad, ( Rest of India ) Yrs-20%, >2 Yrs to 3 Yrs-30%,
inbuilt in Act
Premium Prem) &
Vehicle Kolkatta,Mumbai & Pune) >3 Yrs to 4 Yrs-40%,
Yrs-50%
>4 Yrs to 5
GST@18% Optional PA
TWO WHEELERS <= 5 Yrs 5-10 yrs > 10 Yrs <= 5 Yrs 5-10 yrs > 10 Yrs Inbuilt TPPD
UPTO 75CC 1.708 1.793 1.836 1.676 1.760 1.802 Two Wheelers 482 1 Lac-Rs.50/
76 TO 150 CC 1.708 1.793 1.836 1.676 1.760 1.802 Comp.PA to Regd Owner- 752 (Optional PA
151 TO 350 CC 1.793 1.883 1.928 1.760 1.848 1.892 15-lac-Premium Rs.275/= 1193 Rs.7 per 10,000)
OVER 350 CC 1.879 1.973 2.020 1.844 1.936 1.982 2323 (Upto Max.2 lacs)
PRIVATE CARS <= 5 Yrs 5-10 Yrs > 10 Yrs <= 5 Yrs 5-10 Yrs > 10 Yrs Inbuilt TPPD
Private Cars
UPTO 1000 CC 3.127 3.283 3.362 3.039 3.191 3.267 2072 7.5 Lacs-Rs.100/
Comp.PA to Regd Owner-
1001 TO 1500 CC 3.283 3.447 3.529 3.191 3.351 3.430 15-lacs-Premium Rs.275/= 3221 (Optional PA
OVER 1500 CC 3.440 3.612 3.698 3.343 3.510 3.594 7890 Rs.5 per 10,000)
TAXIS ≤ 6 Pass <= 5 Yrs 5-7 Yrs > 7 Yrs <= 5 Yrs 5-7 Yrs > 7 Yrs Inbuilt TPPD
UPTO 1000 CC 3.284 3.366 3.448 3.191 3.271 3.351
All Commercial Vehicles 5769+1110 PP 7.5 Lacs-Rs.150/
Comp.PA to Regd Owner-
1001 TO 1500 CC 3.448 3.534 3.620 3.351 3.435 3.519 7584+934 PP (Optional PA
15-lacs-Premium Rs.275/=
OVER 1500 CC 3.612 3.703 3.793 3.510 3.598 3.686 10051+1067 PP Rs.6 per 10,000)
Zone - A Zone - B Zone - C For IMT-23
Type of *15845+969
extra 15% of OD
Motor (Chennai, Delhi/New Delhi, PP for > 17
premium
Kolkatta and Mumbai)
( All other State Capitals ) ( Rest of India ) passengers
Vehicle (before any
A/Rs - Pass.-3 wh. <= 5 Yrs 5-7 Yrs > 7 Yrs <= 5 Yrs 5-7 Yrs > 7 Yrs <= 5 Yrs 5-7 Yrs > 7 Yrs discount)
Upto 6 Pass 1.278 1.310 1.342 1.272 1.304 1.336 1.260 1.292 1.323 2595 + 1241 PP Inbuilt TPPD
7 to 17 Pass* 1.785 1.830 1.874 1.777 1.821 1.866 1.759 1.803 1.847 6913 + 1379 PP 7.5 Lacs-Rs.150/
Goods Vehicles <= 5 Yrs 5-7 Yrs > 7 Yrs <= 5 Yrs 5-7 Yrs > 7 Yrs <= 5 Yrs 5-7 Yrs > 7 Yrs PUB. PRI.
Inbuilt TPPD
Upto 7500 Kgs PUBLIC CARRIER PUBLIC CARRIER PUBLIC CARRIER 15746 8438
7.5 Lacs -
7501 - 12000 Kgs 1.751 1.795 1.839 1.743 1.787 1.830 1.726 1.770 1.812 26935 17204
Rs.200/=
12001-20000kgs** PRIVATE CARRIER PRIVATE CARRIER PRIVATE CARRIER 33418 10876
20001-40000 Kgs 1.226 1.257 1.287 1.220 1.251 1.281 1.208 1.239 1.268 43037 17476
Over 40000 Kgs ** Rs.27 per additional 100 kgs OR part thereof, for over 12000 kgs. 41561 24825
Goods Vehicles
<= 5 Yrs 5-7 Yrs > 7 Yrs <= 5 Yrs 5-7 Yrs > 7 Yrs <= 5 Yrs 5-7 Yrs > 7 Yrs
3 Wheelers
PUBLIC - Carrier 1.664 1.706 1.747 1.656 1.697 1.739 1.640 1.681 1.722 4092 - PUB Inbuilt TPPD
PRIVATE - Carrier 1.165 1.194 1.223 1.159 1.188 1.217 1.148 1.177 1.205 3914 - PRI 7.5 Lacs-Rs.150/
Maxi cab / Buses Driver - Rs.50
with over 6 <= 5 Yrs 5-7 Yrs > 7 Yrs <= 5 Yrs 5-7 Yrs > 7 Yrs <= 5 Yrs 5-7 Yrs > 7 Yrs Cleaner - Rs.50 Inbuilt TPPD
Passengers Conductor-Rs.50 7.5 Lacs-Rs.200/
07 to 18 Pass. 350+1.680 350+1.722 350+1.764 350+1.672 350+1.714 350+1.756 350+1.656 350+1.697 350+1.739
14494 + 886 13874 + 848
19 to 36 Pass. 450+1.680 450+1.722 450+1.764 450+1.672 450+1.714 450+1.756 450+1.656 450+1.697 450+1.739
Per Pass for Per Pass for
37 to 60 Pass. 550+1.680 550+1.722 550+1.764 550+1.672 550+1.714 550+1.756 550+1.656 550+1.697 550+1.739
Other Buses School Bus
Over 60 Pass. 680+1.680 680+1.722 680+1.764 680+1.672 680+1.714 680+1.756 680+1.656 680+1.697 680+1.739
Misc.Vehicles @ <= 5 Yrs 5-7 Yrs > 7 Yrs <= 5 Yrs 5-7 Yrs > 7 Yrs <= 5 Yrs 5-7 Yrs > 7 Yrs A-agri, O-others
TRACTOR 1.208 1.238 1.268 1.202 1.232 1.262 1.190 1.220 1.250 6847
Inbuilt TPPD
AMBULANCE # 1.208 1.238 1.268 1.202 1.232 1.262 1.190 1.220 1.250 6847
7.5 Lacs -
DRILLING RIGS 1.208 1.238 1.268 1.202 1.232 1.262 1.190 1.220 1.250 6847
Rs.200/=
TRAILER 1.208 1.238 1.268 1.202 1.232 1.262 1.190 1.220 1.250 857(A) 2341(O)
Trade Cert. MOTOR TRADE ( Road Risk Only ) ACT Electric Vehicles: 1 Year Long Term
0.45% on IDV (1st Named Dr.) 515 2-wh: ≤ 3 KW 410 888
Two Wheelers
Rs.85/- for each addl. Driver 257 >3 KW ≤7 KW 639 2792
0.45% on IDV (1st Named Dr.) 1345 >7 KW ≤16 KW 1014 4635
Other
Rs.175/- for each addl. Drs. upto 05 drs./(Per dr/Certificate) 651 > 16 KW 1975 11079
Vehicles
MOTOR TRADE ( Road Transit Risks ) ACT Pvt Car : ≤ 30 KW 1761 4493
(excluding Two 1055 >30 KW ≤65 KW
(i) Distance not exceeding 2400 kms. 2738 8104
Wheelers) (ii) Distance exceeding 2400 kms. 1268 >65 KW 6707 20659
# Patient may also be covered as passenger @ Rs.60/- per Person. e-carts - GCV-3 -WHEELER & MOTORISED PED CYCLES - PUB - 2859 PVT - 3204
@ Overturning extra @ 0.50% on IDV. e-rickshaws - PASS-3-WHEELERS ≤ 6 PASSENGERS - 1685 + 806 PP
v Transfer fees & Duplicate fees – Rs.60/- each(including GST). Pedestrian control Agri.Tractors <6HP, Hearses& Plane Loaders(Spl type) -1550
v Electrical & Electronic fittings Rate – 4.00% on Value of items. → Nil depn policy terms and conditions to be clearly explained to all clients.
v Name transfer in Pol to be done within 14 days of Change of name in RC. → Inspection is compulsory for break-in ins to avoid various issues during claim.
v Use of CNG/LPG fuel – 4.00% on value of kit (for OD) & Rs.60/- + GST for Act Cover. Toll free No: 1800 209 1415
v Compulsory PA cover cannot be granted to veh.owned by a Company/Partnership Firm/Corporate body.
v Owner/driver owns > one vehicle, Standalone CPA Policy can be given. Rs.375/- + GST - SI. 15 LAKHS For better customer Service ::
v Insured can restrict the TPPD cover to the statutory limit of Rs.6000. > Pl. get mob. no. & email id of the proposer and update in party code in CWISS.
v Mid-Term change of TPPD cover limits is not permitted. > Pl.brief what are all covered & not covered to proposers while offering ins. coverage.
v NCB SLABS % 20, 25, 35, 45, 50 -- For all type of Vehicles. > Pl. give Pol. Issuing Office/Claims Hub mail id to all insureds for intimation of claim.
v Optional PA cover should not be given < the Regd Seating Capacity. > Collect PAN No/GSTIN No: if the insured under Corporate category.
LONG TERM TP RATES: TW(5 Yrs):: UPTO 75CC-1045, 76 TO 150CC-3285, 151 TO 350CC-5453 & ABOVE 350 CC - 13,034.
PRIVATE CARS(3 Yrs) :: UPTO 1000 CC - 5286, 1001 TO 1500 CC - 9534 & ABOVE 1500 CC - 24,305
Use Motor Break In Functionality Provision by Uploading Photos in your Portal. Timings 6 am to 6 pm
OD rates as per IMT 2002 For claim intimations, Pl contact our branch/Nearest NIA office r.sundarAM / 720202 / 05-06-19

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