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Diesel vs Petrol Car: Impact on Car Insurance

By Finserv MARKETS - Jul 23,2020
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Difference between petrol and diesel car

When it comes to picking an option for a long drive, it is needless to say that people prefer a car! Fast, comfortable and weather-friendly, a car is an ultimate companion for your road trips. But how do you know which car is the best pick, when you actually go out to buy one? Purchasing a car involves so many factors, right from extensive research to test drives and most importantly, picking the right fuel type for your car. So, while it a huge concern as to which fuel type to go for, it is easy to take a pick by comparing diesel car vs petrol car. You need not get into complex calculations to find out which one is the right choice for you! We have made it simpler.

Here’s how you can compare the difference between petrol and diesel cars by considering the following factors:

Price of the Car:

The price of a petrol vs diesel car is one of the key factors that are taken into consideration, when it comes to selecting the right one. Most buyers decide upon a budget in which they buy one, while looking for the options available in the market. When it comes to the diesel car vs petrol car comparison, it is often seen that the diesel variants are priced higher that their petrol counterparts by a difference of nearly INR 1 Lakh. Wondering why? Read on to understand better.

Car Maintenance:

Just like the price, the cost of maintenance also differs among the two variants. Although servicing costs remain more or less the same, the components of a diesel car are comparatively expensive than the ones in the petrol variants. Hence, over the years, car maintenance expenses will remain higher for a diesel variant.

Fuel efficiency:

Checking the fuel efficiency of a car is one of the key factors we consider, when buying one. In this case, diesel cars provide greater performance, when driving in higher gears, while petrol cars are good when it comes to achieving the initial power. Having said that, you can achieve higher fuel efficiency with diesel cars when compared to the petrol ones.

Difference in Fuel Prices:

Owing to different taxation structure at both, states and central government, diesel prices always remained much cheaper than petrol with a price difference of nearly INR 10 for 1 litre.

Resale Value:

When it comes to the resale value of the car, diesel cars have a relatively higher resale value than the petrol variants. And, depreciation is also lower in the diesel variant.


Insurance premium depends on the value of your car. Higher the value, higher is the cost of an insurance plan. When comparing petrol vs diesel cars, insurance is nearly 10-15% higher for the diesel variants due to the expensive components and replacement costs that the car insurance may have to bear in case of damage or theft.

Pollution or Noise:

Petrol cars are relatively more environment-friendly than diesel ones as they produce less vibration in the car cabin and are less noisy.

Now while you have a brief idea of how you can get the right pick out of petrol vs diesel cars, the next step is to secure your drive! It is needless to say, that whether you buy a diesel variant or a petrol one, accidents cannot be predicted or avoided. Hence, no matter what fuel type, your car needs the protection of a car insurance plan. Finserv MARKETS has the right car insurance for your petrol or diesel car. With instant policy issuance, quick claim settlement and much more, the Car Insurance policy at Finserv MARKETS is an ideal choice for you!

Finserv MARKETS, a subsidiary of Bajaj Finserv, is a one-stop digital marketplace that has been created for consumers on the go. It offers 500+ financial and lifestyle products, all at one place. At Finserv MARKETS, we understand that every individual is different. And that’s why we have invested in creating a proposition – Offers You Value. A value proposition that ensures you get offers which are tailor made for you. We also offer an amazing product range and unique set of online offers across Loans, Insurance, Investment, Payments and an exclusive EMI store. Be it in helping you achieve your financial life goals or offering you the latest gadgets, we strive to offer what you are looking for. From simple and fast loan application processes to seamless and hassle-free claim-settlements, from no cost EMIs to 4 hours product delivery, we work towards fulfilling all your personal and financial needs. What’s more! Now enjoy the same benefits in just one click with our Finserv MARKETS App.


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Bajaj Finserv Direct Limited ("BFDL"), erstwhile Bajaj Financial Holdings Limited is a registered corporate agent of Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz General Insurance Company Limited under the IRDAI composite registration number CA0551 valid till 10-Apr-2021. BFDL also renders services to Bajaj Finance Limited (‘BFL’) and Bajaj Housing Finance Limited (‘BHFL’) (referred hereinafter as ‘Lending Partner’) in sourcing of customers, providing preliminary credit support activities, fulfilment services and post-acquisition customer services related to lending business. Registered Office: Bajaj Auto Limited Complex, Mumbai – Pune Road, Akurdi, Pune – 411 035 CIN: U65923PN2014PLC150522