Car Insurance Calculator Pakistan

Car Value

The market value of your vehicle is the primary factor in determining your insurance premium. Higher value cars have higher premiums since they represent greater financial risk to the insurance company.

Car Category

Different car categories have different risk profiles and repair costs. Luxury cars and SUVs typically have higher premiums than economy cars due to higher repair costs and theft risk.

Driver Age

Younger drivers (18-25) are considered higher risk and pay higher premiums. Mature drivers (41-55) typically get the best rates due to their experience and lower accident rates.

Location

Urban areas with higher traffic density and theft rates (like Karachi and Lahore) have higher premiums than smaller cities with lower risk factors.

Third Party Liability

• Mandatory for all vehicles
• Covers damage to other people's property
• Covers injuries to other people
• Does not cover your own vehicle
• Base cost: PKR 7,500

Comprehensive

• Covers third party liability
• Covers damage to your own vehicle
• Covers theft of your vehicle
• Covers natural disasters
• Most popular coverage type

Additional Coverages

• Theft Protection: Enhanced theft coverage
• Personal Accident: Covers driver and passengers
• Flood Protection: Covers water damage
• Terrorism Cover: Covers terrorism-related damage
• Roadside Assistance: 24/7 emergency assistance

Agency Repair

• Repairs at authorized service centers
• Genuine parts used for repairs
• Higher quality repairs
• Increases premium by 20%
• Recommended for newer vehicles

Adamjee Insurance

• Base Rate: 2.5% of car value
• Claim Settlement: 85%
• Network: Nationwide
• Specializations: Comprehensive, Third Party
• Best for: Standard coverage with good rates

EFU General Insurance

• Base Rate: 2.7% of car value
• Claim Settlement: 90%
• Network: Nationwide
• Specializations: Comprehensive, Third Party, Theft Protection
• Best for: High claim settlement ratio

State Life Insurance

• Base Rate: 2.3% of car value
• Claim Settlement: 80%
• Network: Nationwide
• Specializations: Comprehensive, Third Party
• Best for: Government employees

Jubilee Insurance

• Base Rate: 2.6% of car value
• Claim Settlement: 87%
• Network: Major Cities
• Specializations: Comprehensive, Third Party, Personal Accident
• Best for: Personal accident coverage

No Claims

• Multiplier: 1.0x
• No claims in past 3 years
• Eligible for No Claim Bonus
• Best premium rates
• Preferred by insurance companies

One Claim

• Multiplier: 1.2x
• One claim in past 3 years
• 20% premium increase
• Limited No Claim Bonus
• Still considered good risk

Two Claims

• Multiplier: 1.5x
• Two claims in past 3 years
• 50% premium increase
• No No Claim Bonus
• Higher risk category

Three or More Claims

• Multiplier: 2.0x
• Three+ claims in past 3 years
• 100% premium increase
• No No Claim Bonus
• High-risk driver category

Zero Deductible

• Multiplier: 1.2x
• No out-of-pocket cost
• Highest premium
• Best for frequent claims
• Recommended for luxury cars

Standard Deductible

• Multiplier: 1.0x
• PKR 5,000 deductible
• Standard premium
• Good balance of cost and coverage
• Most popular option

High Deductible

• Multiplier: 0.9x
• PKR 10,000 deductible
• 10% premium discount
• Good for safe drivers
• Recommended for mid-range cars

Very High Deductible

• Multiplier: 0.8x
• PKR 25,000 deductible
• 20% premium discount
• Best for very safe drivers
• Recommended for older cars

No Claim Bonus

• 1 Year: 10% discount
• 2 Years: 15% discount
• 3 Years: 20% discount
• 4 Years: 25% discount
• 5+ Years: 30% discount

Security Features

• Immobilizer: 5% discount
• Tracking System: 10% discount
• Alarm System: 5% discount
• Steering Lock: 3% discount
• Combined: Up to 23% discount

Membership Discounts

• Bank Employee: 5% discount
• Corporate Employee: 7% discount
• Armed Forces: 10% discount
• Government Employee: 5% discount
• Proof of employment required

Payment Method

• Annual Payment: 10% discount
• Online Payment: 5% discount
• Combined: Up to 15% discount
• Automatic renewal discounts
• Lump sum payment benefits

Major Cities

• Karachi: 1.4x multiplier (highest risk)
• Lahore: 1.3x multiplier (high risk)
• Islamabad: 1.1x multiplier (moderate risk)
• Rawalpindi: 1.2x multiplier (moderate-high risk)

Provincial Capitals

• Peshawar: 1.2x multiplier
• Quetta: 1.1x multiplier
• Multan: 1.1x multiplier
• Faisalabad: 1.2x multiplier

Smaller Cities

• Sialkot: 1.0x multiplier (standard risk)
• Gujranwala: 1.1x multiplier
• Hyderabad: 1.2x multiplier
• Sukkur: 1.0x multiplier (lowest risk)

Other Areas

• Other Cities: 1.0x multiplier
• Rural Areas: 0.9x multiplier
• Northern Areas: 0.95x multiplier
• Coastal Areas: 1.05x multiplier

Policy Optimization

• Choose higher deductibles
• Only select necessary coverage
• Compare quotes from multiple companies
• Review your policy annually
• Bundle multiple policies if available

Vehicle Security

• Install security features
• Use secure parking
• Join a vehicle tracking service
• Use steering locks and immobilizers
• Install dash cameras

Driving Habits

• Maintain a clean driving record
• Avoid making small claims
• Take defensive driving courses
• Drive less to reduce risk
• Follow traffic regulations

Payment Strategies

• Pay annually instead of monthly
• Set up automatic payments
• Pay online for additional discounts
• Maintain good credit history
• Avoid late payments