Motor Third Party Insurance Premium with effect from 01-April-2022

 

Table I

 

Category

Description of Vehicle Class

Premium with effect from 01-April-2022 (Rs.)

(1)

(2)

(3)

 

Private Cars

 

Not exceeding 1000 cc

2,094

Exceeding 1000 cc but not exceeding 1500 cc

3,416

Exceeding 1500 cc

7,897

 

Two Wheelers

 

Not exceeding 75 cc

538

Exceeding 75 cc but not exceeding 150 cc

714

Exceeding 150 cc but not exceeding 350 cc

1,366

Exceeding 350 cc

2,804

A1

Goods Carrying Commercial Vehicles (other than 3 wheelers)

 

GVW not exceeding 7500 kgs.

16,049

Exceeding 7500 kgs but not exceeding 12000 kgs.

27,186

Exceeding 12000 kgs but not exceeding 20000 kgs.

35,313

Exceeding 20000 kgs but not exceeding 40000 kgs.

43,950

Exceeding 40000 kgs.

44,242

A2

Goods Carrying Motorised Three Wheelers and Motorised Pedal Cycles – Public Carriers

 

except e-carts

4,492

A3

Goods Carrying Motorised Three Wheelers and Motorised Pedal Cycles – Private Carriers

 

except e-carts

3,922

B

Trailers

 

Agricultural Tractors upto 6 HP

910

 

Other vehicles including Miscellaneous & Special Type of Vehicles (Class-C),(For each trailer, for more please multiply by no. of trailers)

2,485

 

 

 

Table II

 

Category

Description of Vehicle Class

Premium with effect from 01-April-2022 (Rs.)

Basic Rate

Per Licensed Passenger

(1)

(2)

(3)

(4)

C1a

Four wheeled vehicles used for carrying passengers for hire or reward with carrying capacity not exceeding 6 passengers

 

Not exceeding 1000 cc

6,040

1,162

Exceeding 1000 cc but not exceeding 1500 cc

7,940

978

Exceeding 1500 cc

10,523

1,117

C1b

Three wheeled vehicles used for carrying passengers for hire or reward with carrying capacity not exceeding 6 passengers

 

except e-rickshaw

2,539

1,214

C2

Four or more wheeled vehicles used for carrying passengers with carrying capacity exceeding 6 passengers for hire or reward

 

Educational institution bus

12,192

745

Other than educational institution Bus

14,343

877

C3 a

Motorised three wheeled passenger vehicles used for carrying passengers for hire or reward with carrying capacity exceeding 6 passengers but not exceeding 17 passengers

6,763

1,349

C3 b

Motorised three wheeled passenger vehicles used for carrying passengers for hire or reward with carrying capacity exceeding 17 passengers

15,502

948

C4

Motorised Two wheelers used for carrying passengers for hire or reward

 

Not exceeding 75 cc

861

580

Exceeding 75 cc but not exceeding 150 cc

861

580

Exceeding 150 cc but not exceeding 350 cc

861

580

Exceeding 350 cc

2,254

580

 

Table III

 

Category

Description of Vehicle Class

Premium with effect from 01-April-2022 (Rs.)

(1)

(2)

(3)

D

Special Types of Vehicles

 

Pedestrian controlled Agricultural Tractors with Horse Power rating not exceeding 6HP, Hearses and Plane Loaders

1,645

Other Miscellaneous & Special types of vehicles

7,267

E

Motor Trade (Road Transit Risks)

 

Distance not exceeding 2400 kms.

1,175

Distance exceeding 2400 kms.

1,412

Fa

Motor Trade (Road Risks) (Excluding Motorised Two Wheelers) – (Named Driver or Trade Certificate)

 

1st named driver or certificate

1,498

For additional drivers/ certificates up to five (per driver/certificate)

725

For additional Drivers/ Certificates exceeding five but not exceeding 10 (per driver/ certificate)

467

For additional Drivers/ Certificates exceeding ten but not exceeding 15 (per driver/ certificate)

404

Fb

Motor Trade (Road Risks) (Motorised Two Wheelers) – (Named Driver or Trade Certificate)

 

1st named driver or certificate

515

For each additional Driver/ Certificate

257

 

Table IV

 

Description of Vehicle Class

Premium with effect from 01-April-2022 (Rs.)

(1)

(2)

New Private Car – Three year single premium

Not exceeding 1000 cc

6,521

Exceeding 1000 cc but not exceeding 1500 cc

10,640

Exceeding 1500 cc

24,596

New Two Wheeler – Five year single premium

Not exceeding 75 cc

2,901

Exceeding 75 cc but not exceeding 150 cc

3,851

Exceeding 150 cc but not exceeding 350 cc

7,365

Exceeding 350 cc

15,117

 

Table V

Rates for Electric vehicles

 

Category

Description of Vehicle Class

Premium with effect from 01-April-2022 (Rs.)

(1)

(2)

(3)

 

Private Cars

 

Not exceeding 30 KW

1,780

Exceeding 30 KW but not exceeding 65 KW

2,904

 

Exceeding 65 KW

6,712

 

Two Wheelers

 

Not exceeding 3 KW

457

Exceeding 3 KW but not exceeding 7 KW

607

Exceeding 7 KW but not exceeding 16 KW

1,161

Exceeding 16 KW

2,383

A1

Goods Carrying Commercial Vehicles (other than 3 wheelers)

 

GVW not exceeding 7500 kgs.

13,642

Exceeding 7500 kgs but not exceeding 12000 kgs.

23,108

Exceeding 12000 kgs but not exceeding 20000 kgs.

30,016

Exceeding 20000 kgs but not exceeding 40000 kgs.

37,357

Exceeding 40000 kgs.

37,606

A2

Goods Carrying Motorised Three Wheelers and Motorised Pedal Cycles – Public Carriers

 

e-carts

3,139

A3

Goods Carrying Motorised Three Wheelers and Motorised Pedal Cycles – Private Carriers

 

e-carts

3,211

 

Table VI

Long term rates for electric vehicles – Private Cars and Two wheelers

 

Description of Vehicle Class

Premium with effect from 01-April-2022 (Rs.)

(1)

(2)

New Private Car – Three year single premium

Not exceeding 30 KW

5,543

Exceeding 30 KW but not exceeding 65 KW

9,044

Exceeding 65 KW

20,907

New Two Wheeler – Five year single premium

Not exceeding 3 KW

2,466

Exceeding 3 KW but not exceeding 7 KW

3,273

Exceeding 7 KW but not exceeding 16 KW

6,260

Exceeding 16 KW

12,849

 

Table VII

Rates for Electric vehicles – Passenger carrying

 

Vehicle type

 

KW Segments

Basic TP premium (Rs.)

Premium per licensed passenger (Rs.)

(1)

(2)

(3)

(4)

C1a (Four wheeled vehicles used for carrying passengers for hire or reward with carrying capacity not exceeding 6 passengers)

Not exceeding 30 KW

5,134

988

Exceeding 30 KW but not exceeding 65 KW

6,749

831

Exceeding 65 KW

8,945

949

C1b (Three wheeled vehicles used for carrying passengers with carrying capacity not exceeding 6 passengers)

e-rickshaw

 

1,648

 

789

C2 (Four or more wheeled vehicles used for carrying passengers with carrying capacity exceeding 6 passengers for hire and reward)

Educational      institution bus

10,363

633

Other   than   educational institution bus

12,192

745

C3a (Motorised three wheeled passenger vehicles used for carrying passengers for hire or reward with carrying capacity exceeding 6 passengers but not exceeding 17 passengers)

 

 

-

 

 

5,749

 

 

1,147

C3b (Three wheeled vehicles used for carrying passengers for hire and reward with carrying capacity exceeding 17 passengers)

 

-

 

13,177

 

806

C4 (Motorised Two Wheelers used for carrying passengers for hire or reward)

Not exceeding 3 KW

732

493

Exceeding 3 KW but not exceeding 7 KW

732

493

Exceeding 7 KW but not exceeding 16 KW

732

493

Exceeding 16 KW

1916

493

 

 

Category

Description of Vehicle Class

Premium with effect from 01-April-2022 (Rs.)

Basic Rate

Per Licensed Passenger

(1)

(2)

(3)

(4)

 

 

Quadricycle

Private Car

2,094

N/A

Electric private Car(Not exceeding 30 KW)

1,780

N/A

Commercial Vehicles not exceeding 500 CC

2,539

1,214

 

Table VIII Quadricycle

Long term rates – Three years single premium:

 

Category

Description of Vehicle Class

Premium with effect from 01-April-2022 (Rs.)

(1)

(2)

(3)

 

Quadricycle

New Private Car

6,521

New Electric private Car (Not exceeding 30 KW)

5,543


TVS Insurance Broking Private Limited

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Thiru Vi Ka Industrial Estate, Guindy, Chennai - 600 032.

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Life and General Valid Till : 20/07/2026.
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