Quote:
Originally Posted by adityamunshi  Are airbags covered 100 % by insurance ? |
50%, insurance companies treat air bags as plastic ..thanks to IRDA
I wonder what is the justification for treating airbags as plastic?
And why 50% depreciation starting from day1 for plastic parts?
Does it mean that a brand new bumper is equivalent to a 2/3/4 yr old bumper and 50% depreciation applies in both cases ?
What is the logic of defining different categories and assigning different depreciation % to them? In my opinion, the depreciation % should be directly related to the age of the vehicle irrespective of whether is's plastic, metal, glass or whatever.
Thanks Rehaan,
I understand and agree with the impact due to a collision being higher in case the other vehicle/object is at a faster pace, I was scared and worried after seeing few cars with the airbags deployed, especially the one which had no frontal damage but was scraped very badly on the side (Driver side I think).
As long as the airbags deploy when there is a real chance of injury, I'm happy with it but can't imagine the airbags getting deployed if I hit a rick @20kmph or a side collision @20-30 kmph in traffic. That'd be totally unexpected and a expense I'd not like to incur.