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Insurance Claim Calculator — Vehicle, Home, Shop, Factory & Crop

Estimate your insurance claim the way a surveyor does — for a vehicle (गाड़ी), home (घर), shop (दुकान), factory or crop (फसल बीमा). Part-wise depreciation as per IRDAI rules, salvage value, policy excess and the final net payable amount; crop claims use sum insured × assessed loss. Everything runs in your browser and you can download the full breakdown as a PDF.

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✓ 100% free ✓ No sign-up ✓ IRDAI depreciation matrix ✓ PDF report download

How to estimate a claim

1Open the Insurance Claim Estimator.
2Choose what is insured — vehicle, home, shop, factory or crop — then enter the asset age in months and the policy type (Standard or Zero Depreciation). For crop claims, enter the sum insured and assessed loss %.
3Add each damaged part with its material type (metal, plastic, glass, fiberglass, rubber, battery), part cost, labour and painting charges.
4Preview the part-wise breakdown — depreciation, salvage, excess and final net payable — and download it as a PDF.

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Depreciation rules used (IRDAI)

Part material	Depreciation
Rubber, nylon, plastic parts & batteries	50%
Glass parts	Nil (0%)
Fiberglass parts	30%
Metal parts — up to 6 months	0%
Metal parts — 6 months to 1 year	5%
Metal parts — 1 to 2 years	10%
Metal parts — 2 to 3 years	15%
Metal parts — 3 to 4 years	25%
Metal parts — 4 to 5 years	35%
Metal parts — 5 to 10 years	40%
Metal parts — over 10 years	50%
Painting material (metal panels)	25% flat

A Zero Depreciation (nil dep) cover overrides this matrix — the insurer pays the full part cost. Labour charges never attract depreciation. Salvage (default 5% of net parts value) and the compulsory policy excess (default ₹1,000) are deducted at the end.

Why use the Claim Estimator?

Knowing the approximate payout before the surveyor visits helps you verify the garage estimate, decide whether to claim at all, and negotiate confidently.

Common use cases

Cross-check a garage repair estimate against the likely insurance payout.
Compare a Standard policy payout vs a Zero Depreciation payout.
Decide if a small claim is worth losing your No Claim Bonus.
Prepare a part-wise damage summary PDF for your insurer or surveyor.

Tips

Vehicle age is in months — a 3-year-old car is 36 months.
Pick the right material per part: bumpers are usually plastic, bonnets and doors metal, windshields glass.
This is an estimate — the insurer's surveyor report is always final.

Frequently asked questions

How is depreciation calculated on a motor insurance claim?

As per IRDAI norms: rubber, nylon, plastic parts and batteries get 50% depreciation, glass parts nil, fiberglass 30%, and metal parts follow a step-ladder based on vehicle age — from 0% (up to 6 months) to 50% (over 10 years).

What does a Zero Depreciation policy change?

With a Zero Depreciation (nil dep) cover the depreciation matrix is not applied, so the full part cost is payable without age or material based deductions.

What is salvage value and policy excess?

Salvage is the residual value of the damaged parts (commonly ~5%) deducted from the claim; policy excess is the compulsory deductible (e.g. ₹1,000 for cars under 1500cc) that you bear on every claim. Both are customisable in the tool.

Is this calculator free?

Yes — completely free, no sign-up, and it runs entirely in your browser. You can also download the full breakdown as a PDF report.

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