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Old 18th September 2007, 17:26   #1 (permalink)
rajshenoy
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Join Date: Apr 2006
Location: bangalore
Posts: 235
Default Impacts of insurance claims in case of selling your vehicle

I have this doubt..so it would be great if you guys can clear it...

After going through some of the posts, i came to a conclusion that if the repair costs amount say more than 5000, its better to go for insurance.

But the doubt i have now is, will the insurance claim cause some problems in the resale value of the car..


Say my repair costs come up to 7-8K and i claim the insurance... later on i want to sell my car.. what sort of an impact will this insurance claim have on my resale value ?

also, does it matter on the nature of repairs involved ?

fellows.. please throw some light on this...
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