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THE NEW INDIA ASSURANCE COMPANY LIMITED

IMT - INTERNAL MOTOR TARIFF IN GLANCE ::: WITH EFFECT FROM : 01-04-2014
1.PRIVATE CAR (Zone A/Zone B).
Liability
C.C../Age of Vehicle
Up to 1000 C.C.
1001 to 1500 C.C.
Above 1500 C.C.

1129
1332
4109

Compulsary P.A. to Owner Rs. 100/- (2 LAKHS)


L.L. to Employees / Driver Rs. 50/- per person

C.N.G. / L.P.G and Electrical Fittings @ 4% on the


kit value
ACT : 65/-

Own Damage Premium Rate


5 to 10 Years
3.283 / 3.191
3.447 / 3.351
3.612 / 3.510

Upto 5 Years
3.127 / 3.039
3.283 / 3.191
3.440 / 3.343

Above 10 Years
3.362 / 3.267
3.529 / 3.430
3.698 / 3.594

ENHANCED COVER (PRIVATE CAR)


AGE OF THE VEHICLE

UPTO 1500 C.C.

ABOVE 1500 C.C.

FOR THE FIRST YEAR

0.40%

FOR THE II YEAR

0.50%

FOR THE III YEAR

0.65%

0.45%
0.55%
0.70%

5 to 10 Years
1.793 / 1.760
1.793 / 1.760
1.883 / 1.848
1.973 / 1.936

Above 10 Years
1.836 / 1.802
1.836 / 1.802
1.928 / 1.892
2.020 / 1.982

3rd YEAR : 0.30%

4th YEAR : 0.40% | 5th : 0.60%

2. TWO WHEELER (Zone A/ Zone B)


C.C../Age of Vehicle

Liability

Upto 5 Years
Up to 75 C.C.
455
1.708 / 1.676
76 to 150 C.C.
464
1.708 / 1.676
151 to 350 C.C.
462
1.793 / 1.760
Above 350 C.C.
884
1.879 / 1.844
Compulsary P.A. to Owner Driver Rs. 50/- (S.I. One Lakh)
2 Wheeler ENHANCED COVER (on IDV ): 1st YEAR : 0.12%
2nd YEAR : 0.22%
COMMERCIAL VEHICLES (Zone A / B/ C)
Compulsory P.A. to Owner Driver Rs. 100/- (S.I. 2 Lakhs)
L.L. to Employees / Driver Rs. 50/- per person & NFPP Rs. 50/3. GOODS CARRYING OTHER THAN THREE WHEELER (Public Carrier) A1
G.V.W. / Age of Vehicle
Up to 5 Years
Up to 12000 Kgs.
1.751/1.743/1.726
Above 12000 Kgs : Above Rates + @ 27/- per each 100 Kgs or part.
7501 to 12000 Kgs.
LIABILITY : GVW Upto 7500 Kgs
14390
12001 to 20000 Kgs. :

16360

20001 to 40000 Kgs.

Own Damage Premium Rate


5 to 7 Years
Above 7 Years
1.795/1.787/1.770
1.839/1.830/1.812
15365
16471

>40000 Kgs. :16539

4. GOODS CARRYING OTHER THAN THREE WHEELER (PRIVATE Carrier) A2


G.V.W. / Age of Vehicle
Own Damage Premium Rate
Up to 5 Years
5 to 7 Years
Above 7 Years
Up to 12000 Kgs.
1.226 / 1.220 / 1.208
1.257 / 1.251 / 1.239
1.287 / 1.281 / 1.268
Above 12000 Kgs : Above Rates + @ 27/- per each 100 Kgs or part.
LIABILITY : GVW upto 7500 Kgs
7501 to 12000 Kgs.
10077
8721
>40000 Kgs. : 11566
12001 to 20000 Kgs.:
8972
20001 to 40000 Kgs.
10323
5. THREE WHEELED GOODS CARRYING VEHICLES (Public A3 & Private A4)
Type / Age of Vehicle
Own Damage Premium Rate
Liability
Upto 5 Years
5 to 7 Years
Above 7 Years
Public Carrier
4508
1.664 / 1.656 / 1.640
1.706 /1.697 /1.681
1.747 / 1.739 /1.722
Private Carrier
3701
1.165 / 1.159 / 1.148
1.194 /1.188 / 1.177
1.223 / 1.217 / 1.205
6. THREE WHEELED PASSENGER CARRYING VEHICLES (NOT EXCEEDING 6 PASSENGERS) C1 / B
Age of Vehicles
Liability
Own Damage Premium Rate
Upto to 5 Years
1.278 / 1.272 /1.260
1212/- (2905/- for more
5 to 7 Years
1.310 / 1.304 /1.292
than 6 passengers) +
Above 7 Years

580/- per passenger

1.342 /1.336 / 1.323

7. FOUR WHEELED PASSENGER CARRYING VEHICLES (Not Exceeding 6 Passengers) C1/A, Zone A/B
Type / Age of Vehicle
Liability
Own Damage Premium Rate
Upto 5 Years
5 to 7 Years
Upto 1000 C.C.
4100
3.284 / 3.191
3.366 / 3.271
1001 to 1500 C.C.
6406
3.448 / 3.351
3.534 / 3.435
Above 1500 C.C.
7429
3.612 / 3.510
3.703 / 3.598
Per Passenger Rs. 788/-

Above 7 Years
3.448 / 3.351
3.620 / 3.519
3.793 / 3.686

LIABILITY ONLY (INC. PA TO OWNER & DRIVER AND S.Tax. : 12.36%)


TWO WHEELERS
PREMIUM (INC. S.T)
PRIVATE CARS
PREMIUM (INC. S.T)

UPTO 75 CC
Rs. 568/-

76 TO 150 CC
Rs. 578/-

151 TO 350 CC
Rs. 576/-

UPTO 1000 CC

1001 TO 1500 CC

ABOVE 1500 CC

Rs. 1438/-

Rs. 1666/-

Rs. 4786/-

ABOVE 350 CC
Rs. 1050/-

8. FOUR (OR MORE) WHEEL VEHICLES WITH CARRYING CAPACITY EXCEEDING 6 PASSENGERS C-2
Zone - A
Pass / Age
7 to 18
Pass
19 to 36
Pass
37 to 60
Pass
Above 60
Pass

Zone - B

Zone - C

Up to 5
Years

5 to 7
Years

Above 7
Years

Up to 5
Years

5 to 7
Years

Above 7
Years

Upto 5
Years

5 to 7
Years

Above 7
Years

Rs. 350/+1.680%
Rs.450/-+
1.680%
Rs. 550/- +
1.680%
Rs. 680/- +
1.680 %

Rs. 350/+1.722%
Rs.450/+1.722%
Rs.550/+1.722%
Rs. 680/+1.722%

Rs. 350/+1.764%
Rs. 450/+1.764%
Rs.550/+1.764%
Rs.680/+ 1.764%

Rs. 350/+ 1.672%


Rs. 450/+1.672%
Rs. 550/+ 1.672%
Rs. 680/+ 1.672%

Rs. 350/+ 1.714%


Rs.450/+ 1.714%
Rs. 550/+ 1.714%
Rs. 680/+ 1.714%

Rs. 350/+ 1.756%


Rs. 450/+1.756%
Rs.550/+ 1.756%
Rs. 680/+ 1.756%

Rs. 350/+ 1.656%


Rs. 450/+1.656%
Rs. 550/+1.656%
Rs. 680/+ 1.656%

Rs. 350/+1.697%
Rs. 450/+ 1.697%
Rs. 550/+ 1.697%
Rs. 680/+ 1.697%

Rs. 350/+ 1.739%


Rs. 450/+ 1.739%
Rs. 550/+1.739%
Rs. 680/+1.739%

Liability Premium Rs. 7843/- + Rs. 479/- Per Passenger


9. MISCELLANEOUS AND SPECIAL TYPES OF VEHICLES (D)
Age of Vehicle

Up to 5 years

Own Damage Premium

5 to 7 years

Above 7 years

1.208 / 1.202 / 1.190 1.238 / 1.232 / 1.250

1.268 / 1.262 / 1.250

Overturning : Additional rate 0.5% on IDV (for mobile Units)

Misc. and Special Type Vehicle Liability Premium


1) Pedestrian controlled Agri. Tractors upto 6 H.P.
2) Other Miscellaneous and special type of Vehicles
3) Trailers attached to Miscellaneous & Special types of Vehicles (Each Trailor)

627
2100
1125

10. TRACTOR AND TRAILER


Type
Commerical
Agricultural

Tractor
As Per Commercial Vehicle Tariff
As Per Miscellaneous Vehicle Tariff

Trailer
OD : 1.05 % T.P : Rs. 1125/-

Zones
ZONE
A
B
C

Private Car / Two Wheelers / Taxis Up


to 6 Passengers
Ahmadabad, Bangalore, Chennai, Delhi
Hyderabad, Kolkatta, Pune & Mumbai
Rest of India
Not Applicable

INSURED DECLARED VALUE

Age of Vehicle
Up to 6 Months
6 Months to 1 Year
1 year to 2 years
2 years to 3 years
3 years to 4 years
4 years to 5 years

Chennai, Delhi, Kolkatta, Mumbai


Other State Capitals
Rest of India

SHORT PERIOD RATE

% of Depreciation

Period

Premium %

5%
15%
20%
30%
40%
50%

Up to One Month
1 to 2 Months
2 to 3 Months
3 to 4 Months
4 to 5 Months
5 to 6 Months
6 to7 Months
7 to 8 Months
Exceeding 8 Months

20%
30%
40%
50%
60%
70%
80%
90%
100%

N C B for all type of Vehicles


Preceding year
Preceding 2 Years
Preceding 3 years
Preceding 4 Years
Preceding 5 years

All Other Commerical Vehicles

20%
25%
35%
45%
50%

B. RADHA KRISHNA - 31496


Development Officer
BALANAGAR BRANCH - 611702
Mobile : 94407 20017.

Note : Documents to be collected along with Proposal form (for all class of
Vehicles)
1. Copy of R.C. Book / Invoice copy, If commercial vehicle Fitness & Permit also
2. Driving Licence
3. Previous Insurance Policy & N.C.B. confirmation (if applicable)