GST Effect on Car Insurance Premiums in India: 2026 Guide
Posted on 2026-04-03 06:45:46
GST Effect on Car Insurance Premiums in India: 2026 Guide
24*7 Claim Notifications
Almost 100% Paperless
Best Claim settlement Awards 2022
A motor insurance premium is an amount paid by an insured to an insurer for purchasing a policy. Shriram Motor Insurance premium calculation will be based on various factors, such as the policy chosen, cover types, add-ons and policy period
The government of India has made third-party liability insurance mandatory. TP premiums are calculated based on the cubic capacity of the vehicle’s engine
It is a part of the premium, one pays to get coverage against various natural and man-made disasters. Each insurance company will have its own pricing for an Own Damage (OD) premium
Recently, the government has made Personal Accident coverage mandatory for car owners/drivers due to the rise in injury cases. For risk cover, Rs. 15 lakh is the minimum sum insured
Add-ons are additional covers for the vehicle’s enhanced protection. The premiums depend on the type of add-on chosen by the insured. Some of the popular add-ons are zero depreciation cover, motor protection cover, roadside assistance, engine and tyre protection cover
The Motor Insurance premium is based on:
Mr. Khalil, your Executive was very coperative. the overall experience was very good. Thank you.
Good
very good
Good
Good
GST Effect on Car Insurance Premiums in India: 2026 Guide
Posted on 2026-04-03 06:45:46
GST Effect on Car Insurance Premiums in India: 2026 Guide
How Rain And Floods Affect Electric Cars in India?
Posted on 2026-04-03 06:22:13
How Rain & Flood Affect Electric Cars in India?
A Complete Guide to Changing Your Car Battery at Home
Posted on 2026-04-03 04:57:20
A Complete Guide to Changing Your Car Battery at Home
You have Successfully Subscribed
You have Successfully Subscribed
You have Successfully Subscribed
We are happy to inform that you have an existing policy with us
Do you want to download the policy?
Your insurance policy is up for renewal.
Please renew your Insurance now for trouble-free driving.
We are happy to inform that you have an existing policy with us
Do you want to download the policy?
We are happy to inform that you have an existing policy with us
Do you want to download the policy?
Contact Shriram Support
IRDAI Consumer Education:- Insurance is the subject matter of solicitation. IRDAI Registration Number - 137. CIN No. U66010RJ2006PLC029979. BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS. IRDAI clarifies to public that IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums. IRDAI does not announce any bonus. Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.
Quick
renewal
