The following are the discounts available on the premium payable.

 

Vintage Cars - Cars manufactured prior to 31.12.40 and duly certified by the Vintage and Classic Cars Club of India :

                                     A discount of 25% on the OD rates is available. Policies issued covering these vehicles are Agreed Value Policies.

 

No Claim Bonus :

                                    Ranging from 20% to 50% depending on the number of claim free years.

 

Automobile Association Membership Discount :

                                   Discount of 5% on the Own Damage premium subject to a maximum of Rs. 200/- for private cars and Rs. 50/- for Motorised Two wheelers only.

 

Discount for Anti Theft Devices :

• A discount of 2.5% on the OD component of premium subject to a maximum of Rs. 200/-.

• Device approved by the ARAI Pune - installation of the same in vehicle certified by the Automobile Association of India.

• 50% discount on the OD premium on the vehicle specialy designed / modified for use of the blind handicapped and mentally challenged personsUse of vehicles withing Insured's premises/sites :A discount of 33 1/1 % on the tariff rates is permissible.