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Is a Car Insurance Premium Calculator Result the Final Price or an Estimate?
07 September 2026
IRDAI Third-Party Car Insurance Premium Rates for FY 2025-26
02 September 2026
Expert Note
This information is based on standard motor insurance guidelines issued by the Insurance Regulatory and Development Authority of India (IRDAI) and commonly followed industry practices. Policy coverage, premium calculations, underwriting criteria, and conditions may vary by insurer. Always review policy documents carefully and verify applicable terms with their insurer before making coverage decisions.
Expert Note
This information is based on standard motor insurance guidelines issued by the Insurance Regulatory and Development Authority of India (IRDAI) and commonly followed industry practices. Policy coverage and conditions may vary by insurer.
Important Note
Third-party premium rates are set by IRDAI and identical across every insurer for a given engine capacity. Any difference you see between two quotes comes entirely from the Own Damage premium and the add-ons selected, not the third-party portion.
IRDAI Third-Party Car Insurance Premium Rates for FY 2025-26
Third-party premiums aren't set by your car insurance company; IRDAI fixes them, and every insurer charges the same rate. For private cars, the rate is ₹2,094 up to 1,000 cc, ₹3,416 for 1,000-1,500 cc, and ₹7,897 above 1,500 cc. These rates were last officially notified for FY 2025-26 and continue to apply throughout this year, though a hike is under active discussion for the year ahead. Here's what shapes your premium and what to check before renewal.