Motor insurance premiums are calculated based on various risk factors associated with insuring a vehicle. Some common factors considered in the premium calculation include the driver's age, driving experience, and claims history. The make, model, and age of the vehicle are also considered, as well as the purpose of use (personal or commercial). Additional factors such as the geographical location, previous policy coverage, and any optional add-ons or endorsements also play a role.

To know more, read our blog on how car insurance premiums are calculated.