IMT 22 in Insurance Meaning: Here Is What You Need To Know About Your Motor Insurance Policy
November 12, 2025
If you are exploring the motor insurance world, chances are you have come across the term IMT 22 in insurance. But what is it, and how does it affect your insurance policy?
This article breaks down the IMT 22 in Insurance Meaning, how it impacts your premium, and why it’s a crucial part of your motor insurance policy.
For both new buyers and individuals who have been insured for years, knowledge of IMT 22 in insurance is key to taking the right decisions and preventing any confusion while filing a claim.
What is IMT 22 in Insurance?
The term IMT 22 in insurance means mandatory deductible and it is covered under Indian Motor Tariff (IMT).
It is an endorsement of the type of insurance policy, usually for some extra cost.
Unique Feature of IMT 22 – The insured has to pay a certain percentage (referred to as the deductible) from the claim amount while making a claim under the own-damage section of the policy.
In other words, if you have damage to your vehicle, you will need to pay the deductible amount before your insurance company helps cover the remaining cost.
The amount of that deductible is included in your policy documents and will depend on the type of car and terms with your insurance company.
How IMT 22 in Insurance Works
Knowing how insurance IMT 22 operates will make you more alert while dealing with your motor insurance policy.
Here’s a step-by-step breakdown:
-
Claim Event:
If your motorhome is damaged in an accident, fire, or theft etc. -
Pay the Deductible:
You must pay a predetermined amount as deductible under IMT 22.
This is usually a nominal amount, such as Rs 500 for a two-wheeler. -
Insurance Covers the Rest:
Once you reach your deductible, insurance will pay for the rest (up to the amount listed in your policy).Example:
If your auto repair bill is Rs 5,000 and the deductible is Rs 500, then the insurer will pay your garage Rs 4,500.
Why IMT 22 in Insurance is Important?
| Aspect | What It Means for You |
|---|---|
| Fixed Deductible | The policyholder pays a flat out-of-pocket amount for each claim. |
| Premium Impact | It lowers premiums because you are assuming a portion of the claim cost. |
| Applies to Own Damage | IMT 22 covers only own damage and not third-party liability. |
| Insurance Coverage | Once you’ve paid the deductible, they’ll cover the rest of the claim amount. |
The insurance endorsement IMT 22 holds significance in the handling of claims as well as the premium.
Insurers do this by making the policyholder responsible for a portion of the risk, known as “sharing risk.”
A policy containing a deductible then becomes cheaper to purchase and own.
It is designed to offer affordable premiums combined with enough coverage for own damage claims.
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Example of IMT 22 in Insurance
Let us understand this with the help of an example.
Suppose you have a motor insurance policy with IMT 22 for your private car.
You meet with an accident, and the cost to repair your vehicle is Rs 10,000.
As per your policy, IMT 22 deductible is Rs 1,000.
| Repair Cost | Deductible (IMT 22) | Paid by Insurer |
|---|---|---|
| Rs 10,000 | Rs 1,000 | Rs 9,000 |
You pay a deductible of Rs 1,000, and the balance Rs 9,000 is paid by the insurer.
In insurance, the IMT 22 reduces the insurer’s exposure to small frequent claims and allows for lower premiums while maintaining enough coverage for large claims.
Why Insurers Use IMT 22 in Insurance?
Insurance companies apply IMT 22 for the following reasons:
-
Shared Risks:
It ensures that the policyholder also bears part of the risk, promoting cautious driving and reducing minor claims. -
Inexpensive Premiums:
This system allows for low premiums, as the insurer’s exposure is reduced.
It lowers costs for policyholders on motor insurance. -
Claims Control:
Inclusion of IMT 22 allows insurers to control claim costs, avoiding small loss claims that could increase overall premiums.
FAQs on IMT 22 in Insurance
What is IMT 22 in general deductible?
In IMT 22, the deductible depends on the insurer and type of vehicle.
It’s usually listed in your policy document.
Is IMT 22 applicable to all classes of vehicles?
The IMT 22 is applicable for most private vehicles, two-wheelers, and some commercial vehicles.
But it may not apply to all vehicles, so check the fine print in your policy.
Can I get out of paying the IMT 22 deductible?
No, IMT 22 is a mandatory deductible for the policies that carry this cover.
However, with a zero-depreciation add-on, you may get an option like IMT 22A in some insurers.
Does IMT 22 affect third-party liability?
No, IMT 22 applies only to the own damage section of your policy.
This endorsement does not affect third-party liability claims.
Conclusion: The IMT 22 Explained in Insurance
In summary, IMT 22 in Insurance Meaning terminology refers to a compulsory deductible to be paid by the insured during own-damage claims.
It helps keep motor insurance premiums low by limiting the amount insurers must pay for small claims while still allowing policyholders to claim for larger damages.
If you are buying a motor insurance policy, it’s vital to understand what IMT 22 is and how it will impact your premium and claims.
Knowing your deductible ensures you can handle a claim hassle-free, avoiding surprises with extra costs later.