Page 420 - Motor Insurance Ebook IC 72
P. 420
The Insurance Times
Excess under all Motor Policies
Two Wheelers 50
Private Cars including three wheelers rated as 500
Private Cars(Not exceeding 1500cc)
Private Cars including three wheelers 1000
rated as Private Cars(exceeding 1500cc)
Taxis and Three Wheelers rated as Commercial 500
Vehicles (Not exceeding 1500cc)
Taxis and Three Wheelers rated as Commercial 1000
Vehicles (Exceeding 1500 cc)
Commercial Goods Vehicles - upto 7500 kg 500
Commercial Goods Vehicles - upto 16500 kg 1000
Commercial Goods Vehicles - exceeding 16500 kg 1500
Commercial Passenger Vehicles - 500
upto 17 passenger
Commercial Passenger Vehicles - 1000
upto 17-36 passenger
Commercial Passenger Vehicles - exceeding 1500
36 passenger
Class D Vehicles .50% of SI
subject to
minimum of
Rs.2000
Class E/F/G Vehicles - Motor Trade policy Rs.50 for 2
wheeler,
Rs.500 for
others
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