Car Insurance Claim Procedure is one of the finest articles about Car Insurance. There are numerous articles on the net that discuss Car Insurance, Car Insurance Claim Procedure certainly one of which we recommend for you. Ideally the posts that people present below may be useful, improve information and be considered a solution for you.
Motor Vehicle Insurance is compulsory in India under Motor Vehicle Act 1988. Motor vehicle insurance is the insurance coverage of the risk of third party arising out the use of motor vehicle and also for covering the risk of damage caused to the vehicle. Indian people neither concern about Life Insurance Plan nor Medical Insurance plan but they are more concern on Motor Vehicle Insurance either they are driving a Scooter or a Bike or a Car or a Truck. It is mandatory otherwise if anyone injured without insurance vehicle, it will treated like a Crime.
Now days everyone have their own vehicle, roads are jam pack with vehicles, the risk is high so as a result, motor insurance companies are growing day by day and claims have also gone up. But many a time, the policyholders do not know exactly what they can do to get their Car Insurance Claim Procedure.
Here we are explaining the procedure how to claim on your car insurance policy. This will help you a lot.
How to claim on your Car Insurance Claim
We will understand this procedure in some scenario step by step so it will be very easy for us.
Claims for own-damage: If your car met with an accident, you should follow these steps to claim for damages:
After the work is completed, you will have to take the duly signed bills and documents from the garage and submit them to surveyor. Surveyor will send it to the insurance company.
If all the documents are completed, the insurance provider will reimburse your bills. Keep in mind that there will be some compulsory deductible and variable deductible components, as stated in the policy document. Once your claim settled and your car is OK then you can drive again.
Car insurance claim process for a third party claim: -If you are responsible for an accident where a third-party suffers injuries or damage to property, here is what you need to do:
After receiving all the documents, the insurance service provider will verify the documents and assess the accident and if found satisfactory, you will get a lawyer appointed by them.
If the court directs you to pay the damages to the third party thereafter, the insurance service company will directly pay the dues to the third party.
It is advisable to see if the situation can be settled amicably outside the tribunal.
Claims for theft: If you find that your car has been stolen then follow the below procedure.
It is very important for us to know about the formalities of car insurance claim procedure otherwise many people are paying from their pocket due to lack of these information. Now days the entire insurance service provider’s having a very good customer support network and their teams are skilled and co-operative also so you must communicate with your insurer whenever you need it.
I wish that you don’t need these procedures. I wish you will have a Safe Drive, someone is waiting for you.
Hence this article with the name of Car Insurance Claim Procedure, that individuals reveal and is extracted from numerous sources on the internet. You may get more different related articles on the group site Car Insurance.
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