I would've got the quote from other vendors if my insurance had not expired three months back and renewing was within the validity. In that case negotiations could've been done.
Here the insurance had expired 3 months ago. Going to a different vendor would not have given me the NCB. At least here there is a sort of continuity. Plus a lot many insurers are not touching certain cars like Scorpio, Qualis, Innova, Safari. They've categorised them as high risk vehicles.
What do you guys say?
Quote:
Originally Posted by GTO  17 grand for a book value of 390,000 is definitely on the higher side, considering that you have a 20% NCB in place. Did you try procuring quotes from a competitor or two?
Good thing that you realised the insurance expiry before it was too late. |
Quote:
Originally Posted by simply_sunny001 GD,this is highway robbery
Last year i changed the insurance vendor for my Safari from tata to Reliance
and for IDV of 6 Lakhs,i paid 18.5K but the insurance always mentioned the amount as 20K
These days,the insurance agents give hefty discounts,its not just about reliance.
The bottomline is that you should have checked with other vendors and should have picked up the best quote cos 17 k for 3.9 Lakh IDV is something i cant digest. |