Have you ever wondered why car insurance premiums vary so much from one vehicle to another? Calculating a car insurance premium isn't a random process; it’s based on a specific set of risk factors. Knowing these factors can help you make informed decisions and even save money on your next renewal.
Key Factors That Determine Your Premium:
Insured Declared Value (IDV): This is the... https://www.sbigeneral.in/blog/motor-insurance/motor-gi-simplified/how-is-car-insurance-premium-calculated