Short answer
The central government notifies third-party premium, so it is the same at every insurer. A private car of 1000 to 1500 cc pays ₹3,416 a year before GST; a two-wheeler of 75 to 150 cc pays ₹714. These are the Rules of 01-06-2022, with three-wheeler passenger rates cut on 05-01-2024. We found no later notification when we last checked, on 08-11-2026.
Private cars and two-wheelers
| Size | 1 year | 3 years, new vehicle |
|---|---|---|
| Up to 1,000 cc, petrol or diesel | ₹2,094 | ₹6,521 |
| 1,000 to 1,500 cc, petrol or diesel | ₹3,416 | ₹10,640 |
| Above 1,500 cc, petrol or diesel | ₹7,897 | ₹24,596 |
| Up to 30 kW, electric | ₹1,780 | ₹5,543 |
| 30 to 65 kW, electric | ₹2,904 | ₹9,044 |
| Above 65 kW, electric | ₹6,712 | ₹20,907 |
| Size | 1 year | 5 years, new vehicle |
|---|---|---|
| Up to 75 cc, petrol or diesel | ₹538 | ₹2,901 |
| 75 to 150 cc, petrol or diesel | ₹714 | ₹3,851 |
| 150 to 350 cc, petrol or diesel | ₹1,366 | ₹7,365 |
| Above 350 cc, petrol or diesel | ₹2,804 | ₹15,117 |
| Up to 3 kW, electric | ₹457 | ₹2,466 |
| 3 to 7 kW, electric | ₹607 | ₹3,273 |
| 7 to 16 kW, electric | ₹1,161 | ₹6,260 |
| Above 16 kW, electric | ₹2,383 | ₹12,849 |
Goods vehicles
| Gross vehicle weight | Petrol or diesel | Electric |
|---|---|---|
| Up to 7,500 kg | ₹16,049 | ₹13,642 |
| 7,500 to 12,000 kg | ₹27,186 | ₹23,108 |
| 12,000 to 20,000 kg | ₹35,313 | ₹30,016 |
| 20,000 to 40,000 kg | ₹43,950 | ₹37,357 |
| Above 40,000 kg | ₹44,242 | ₹37,606 |
| Carrier | Except e-carts | e-carts (one source only) |
|---|---|---|
| Public carrier | ₹4,492 | ₹3,139 |
| Private carrier | ₹3,922 | ₹3,211 |
The e-cart figures come from one printed source, and the private carrier prints higher than the public one, the reverse of the petrol and diesel rows. They are shown as printed.
Passenger vehicles
| Size | Premium |
|---|---|
| Up to 1,000 cc, petrol or diesel | ₹6,040 + ₹1,162 per passenger |
| 1,000 to 1,500 cc, petrol or diesel | ₹7,940 + ₹978 per passenger |
| Above 1,500 cc, petrol or diesel | ₹10,523 + ₹1,117 per passenger |
| Up to 30 kW, electric | ₹5,134 + ₹988 per passenger |
| 30 to 65 kW, electric | ₹6,749 + ₹831 per passenger |
| Above 65 kW, electric | ₹8,945 + ₹949 per passenger |
| Kind | Petrol or diesel | Electric |
|---|---|---|
| Educational institution bus | ₹12,192 + ₹745 per passenger | ₹10,363 + ₹633 per passenger |
| Other bus | ₹14,343 + ₹877 per passenger | ₹12,192 + ₹745 per passenger |
| Passengers | Petrol or diesel | Electric |
|---|---|---|
| Up to 6 (electric: e-rickshaw row) | ₹2,371 + ₹1,134 per passenger | ₹1,539 + ₹737 per passenger |
| 7 to 17 | ₹6,763 + ₹1,349 per passenger | ₹5,749 + ₹1,147 per passenger |
| Above 17 | ₹15,502 + ₹948 per passenger | ₹13,177 + ₹806 per passenger |
An electric auto not registered as an e-rickshaw has no separate row in the Rules.
Miscellaneous and special vehicles
| Vehicle | Premium |
|---|---|
| Pedestrian-controlled agricultural tractor up to 6 HP, hearse, plane loader | ₹1,645 |
| Other miscellaneous and special vehicles | ₹7,267 |
The Rules print no third-party row for an electric Misc-D vehicle.
What changes the figure
- A hybrid electric vehicle gets 7.5% off. A private car registered as vintage gets 50% off.
- A CNG or LPG kit adds ₹60 a year (tariff GR.42).
- Restricting property damage to ₹6,000 lowers it, by the amounts below (tariff GR.39). The 2022 Rules are silent on these amounts.
- NCB does not apply. It comes off own damage only.
| Class | Discount |
|---|---|
| Goods vehicle, bus, Misc-D | ₹200 |
| Three-wheeler, taxi | ₹150 |
| Private car | ₹100 |
| Two-wheeler | ₹50 |
Has a rise been notified?
Not that we could find. A rise has been reported as a proposal since June 2025, and a proposal is not a rate. One report of 19-04-2026 says the new rates had not been gazetted, and one of 22-08-2026 says the same as of late August 2026. We could not read the eGazette or the MoRTH notification list directly, so this is not proof that nothing has changed. Check a recent policy schedule before you rely on a figure.
Common questions
Is third-party premium the same at every insurer?
Yes. The rates are notified by the central government, unlike own-damage premium, which insurers price themselves.
What is the third-party premium for a car of 1000 to 1500 cc?
₹3,416 for one year, before GST. A new car pays ₹10,640 for three years.
When did the rates last change?
The tables were notified by G.S.R. 394(E), in force from 01-06-2022. G.S.R. 32(E) of 05-01-2024 then cut the rates for three-wheeler passenger vehicles up to 6 passengers and e-rickshaws.
Does NCB reduce third-party premium?
No. NCB comes off the own-damage premium only.
Sources
- Motor Vehicles (Third Party Insurance Base Premium and Liability) Rules, 2022, G.S.R. 394(E), 25-05-2022, and the Amendment Rules 2024, G.S.R. 32(E), 05-01-2024 A reprint hosted on thc.nic.in, read by eye. It cites the Gazette but is not the Gazette page itself.
- SCC Online summary of the 2022 Rules Legal publisher, used as a second check on the private car and two-wheeler rows.
- India Motor Tariff, New India Assurance copy. GR.8 (IDV), GR.27 (NCB) The tariff text, in force from 01-07-2002 by its own preamble. Opened again on 08-11-2026. Nothing here claims it binds any insurer today.
- IRDAI consumer page on motor insurance Official. Opened again on 08-11-2026.
- Business Standard, June 2025, on the proposal to raise third-party premiums Press report of a proposal, not a rate.
- Vahan Bazaar on the proposed third-party premium rise, 19-04-2026 Single news source. Opened on 08-11-2026.
- Daily Financial on motor premiums, updated 22-08-2026 Single news source, and it is wrong on an older point: it says rates are unchanged since 2019-20, which the 2022 Rules contradict. Opened on 08-11-2026.
Last checked 08-11-2026. General information for agents, not legal, tax or financial advice. Rules change: the insurer's documents and the regulator's current text decide.
