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csentil · 20th January 2009, 15:11

Correct 3.28% is the Insurance premium for cars between 1000-1500 cc.

So IDV = (472085-23604) = 448480.8

Insurance Premium = 3.28% of IDV = 14710

After 20% Discount = 11768.

However where is the TPPD (Third Party Property Damage), Accident Cover to Owner-Driver (Rs. 100), Liability to Paid driver (Rs. 25) and then ST@12.36%? These don't seem to be added up to your insurance ??

All these usually add up to the Insurance premium.

I'm not sure how much is the TPPD. For cars above 1500cc it is 2.5K.

20th January 2009, 15:11	#12 (permalink)
csentil Senior - BHPian Join Date: Feb 2007 Location: Bangalore Posts: 1,119	Correct 3.28% is the Insurance premium for cars between 1000-1500 cc. So IDV = (472085-23604) = 448480.8 Insurance Premium = 3.28% of IDV = 14710 After 20% Discount = 11768. However where is the TPPD (Third Party Property Damage), Accident Cover to Owner-Driver (Rs. 100), Liability to Paid driver (Rs. 25) and then ST@12.36%? These don't seem to be added up to your insurance ?? All these usually add up to the Insurance premium. I'm not sure how much is the TPPD. For cars above 1500cc it is 2.5K. __________________ Everyone is born right-handed, only the gifted overcome it. This is my car and I have my wife's permission to say so.