Revised Schedule of Premium Rates for Motor Third Party Liability in India (1st January, 2007) | ||
(In Rs.) | ||
Class of Vehicles | Premium | Premium (Per Licensed Passenger Capacity)* |
Private Car | ||
Cubic Capacity of The Vehicles | ||
Not Exceeding 1000CC | ||
Exceeding 1000CC but not Exceeding 1500 CC | ||
Exceeding 1500 CC | ||
Two Wheeler | ||
Cubic Capacity of The Vehicles | ||
Not Exceeding 75CC | ||
Exceeding 75CC but not Exceeding 150 CC | ||
Exceeding 150 CC but not Exceeding 350CC | ||
Exceeding 350 CC | ||
A1 Goods Carrying Vehicles - Public Carriers (Other Than 3 Wheelers) | ||
Gross Vehicles Weight (GVW) | ||
Not Exceeding 7500 Kg | ||
Exceeding 7500 Kg but not Exceeding 12000Kg | ||
Exceeding 12000 Kg but not Exceeding 20000 Kg | ||
Exceeding 20000 Kg but not Exceeding 400000 Kg | ||
Exceeding 40000 Kg | ||
A2 Goods Carrying Vehicles - Private Carriers (Other Than 3 Wheelers) | ||
Gross Vehicles Weight (GVW) | ||
Not Exceeding 7500 Kg | ||
Exceeding 7500 Kg but not Exceeding 12000Kg | ||
Exceeding 12000 Kg but not Exceeding 20000 Kg | ||
Exceeding 20000 Kg but not Exceeding 400000 Kg | ||
Exceeding 40000 Kg | ||
A3 Goods Carrying Motorized Three Wheelers and Motorized Pedal Cycles- Public Carriers | ||
A4 Goods Carrying Motorized Three Wheelers and Motorized Pedal Cycles- Private Carriers | ||
B Trailers | ||
For Each Trailer | ||
C1a Four Wheeled Vehicles Used for Carrying Passengers for hire or reward with Carrying Capacity not Exceeding 6 (Six) Passengers | ||
Cubic Capacity of The Vehicles | ||
Not Exceeding 1000CC | ||
Exceeding 1000CC but not Exceeding 1500 CC | ||
Exceeding 1500 CC | ||
C2 a Four or more Wheeled Vehicles with Carrying Capacity Exceeding 6 Passenger for hire or reward | ||
C1b Three Wheeled Vehicles used for carrying Passengers for hire or Reward with Carrying not Exceeding 6( Six) Passengers | ||
C3 Motorized three Wheeled Passenger Carrying Vehicles for hire or reward with Carrying Capacity Exceeding 6 but not Exceeding 17 Passengers | ||
C2 b Three Wheelers with Carrying Capacity Exceeding 17 Passengers | ||
C4 Motorized Two Wheelers used for Carrying Passengers for hire or Reward | ||
Cubic Capacity of The Vehicles | ||
Not Exceeding 75CC | ||
Exceeding 75CC but not Exceeding 150 CC | ||
Exceeding 150 CC but not Exceeding 350CC | ||
Exceeding 350 CC | ||
D Special Types of Vehicles | ||
I) Pedestrian Controlled Agricultural Tractors with Horse Power Rating not Exceeding 6 HP ; Hearse and Plane Loaders | ||
(ii) Other Misc & Spl Types of Vehicles | ||
E Motor Trade (Road Transit Risk) | ||
I) Distance not exceeding 2400 Kms | ||
ii) Distance exceeding 2400 Kms | ||
F Motor Trade (Road Risk) (Excluding Motorized Two Wheelers) | ||
Name Driver or Trade Certificates | ||
1st named Driver or Certificates | ||
For Additional Drivers/Certificates Up to 5 | ||
For Additional Drivers/Certificates Exceeding 5 built not Exceeding 10 | ||
For Additional Drivers/Certificates Exceeding 10 built not Exceeding 15 | ||
Motor Trade (Road Risk) (For Motorized Two Wheelers) | ||
Name Driver or Trade Certificates | ||
1st named Driver or Certificates | ||
For Additional Drivers/Certificates |