Nepal motor insurance rates FY 2083/84 — set by the NIA tariff, identical at every insurer
The NIA fixed tariff (unchanged for FY 2083/84) makes third-party bike insurance रु 1,705 per year for below 150 cc, रु 1,931 per year for 150 – 249 cc, रु 2,157 per year for 250 cc and above — VAT and stamp duty included, identical at every licensed insurer.
For private cars, jeeps and vans the fixed annual third-party premium is रु 7,355 for below 1000 cc, रु 8,485 for 1000 – 1600 cc, रु 10,745 for above 1600 cc — VAT and stamp included, the same at all 14 licensed non-life insurers.
Third-party (compulsory) insurance for a scooter or bike under 150cc costs about रु 1,705 per year. A comprehensive (full) policy costs roughly 1.5% of your bike's value per year on top — use the calculator on this page for your exact figure.
Yes — motor premiums are set by the Nepal Insurance Authority's tariff directive, so every licensed insurer charges the same price for the same cover. Compare insurers on claim-settlement record and service instead; this page lists each insurer's motor claims-paid ratio.
Third-party is the legal minimum: it covers death, injury and property damage you cause to others, plus driver/passenger accident cover — it pays nothing for damage to your own vehicle. Comprehensive adds own-damage cover (accident, fire, theft) for about 1.5% of the vehicle's declared value per year before discounts.
Yes. Valid third-party insurance is mandatory for bluebook (vehicle registration) renewal — the Transport Management Office checks it when you pay your annual vehicle tax. Expired insurance is the most common reason a renewal gets bounced.
Electric two-wheelers pay the same fixed third-party premiums as petrol bikes (रु 1,705–रु 2,157 by power band). Electric cars pay रु 7,355 (up to 50 kw) or रु 8,485 (above 50 kw) per year.
Yes — most large insurers issue motor policies digitally, and you can start a renewal or new policy right on this site: upload your bluebook and old policy, and licensed insurers provide quotes. See the insurance renewal page.
Read the full guides: third-party vs comprehensive — which to buy and how to claim vehicle insurance after an accident. Renewing your bluebook too? Check the vehicle tax calculator for the full renewal cost. Ready to renew? Review the insurance renewal steps and required documents.