Go Back   Team-BHP > BHP India > Team-BHP Reviews > Indian Car Loans & Insurance


Reply
 
Thread Tools Search this Thread
Old 11th December 2016, 20:33   #16
Newbie
 
Join Date: Sep 2015
Location: Mumbai
Posts: 14
Thanked: 7 Times
Default Re: Third party insurance claims

I feel need to revive this thread as the rules may have changed/become convenient. Recently I renewed my insurance and the same thought came into my mind that there are occasions where without my mistake I had to claim the damages on my own insurance losing no claim bonus and incurring minimum co-pay. If both parties agree on whose mistake it is, is there a way to claim third party insurance with same amount of ease as your own claim? Any of the forum members have tried this and can share their experiences?
kautilya is offline   Reply With Quote
Old 12th December 2016, 18:53   #17
Senior - BHPian
 
Join Date: Sep 2008
Location: DL9C
Posts: 2,566
Thanked: 2,388 Times
Default Re: Third party insurance claims

Quote:
Originally Posted by kautilya View Post
I feel need to revive this thread as the rules may have changed/become convenient. Recently I renewed my insurance and the same thought came into my mind that there are occasions where without my mistake I had to claim the damages on my own insurance losing no claim bonus and incurring minimum co-pay. If both parties agree on whose mistake it is, is there a way to claim third party insurance with same amount of ease as your own claim? Any of the forum members have tried this and can share their experiences?
To claim third party insurance from the other guy's insurer, you need an FIR. No other option. That's what my understanding is.

If the other person agrees to his mistake, why not get the co-pay and NCB loss amount recovered from him. Would work out less than paying for entire damage surely.
Dry Ice is offline   Reply With Quote
Old 29th October 2017, 20:49   #18
Newbie
 
Join Date: Oct 2016
Location: Jalandhar
Posts: 11
Thanked: 18 Times
Default Re: Third party insurance claims

Hello,
I have A very noob question.
If my car is insured as 3rd party insurance and is total loss, what is the amount I get from the insurer . Also , is any kind of insurance cover available for the occupants.
Thanks
Victor-whiskey is offline   Reply With Quote
Old 30th October 2017, 08:18   #19
Senior - BHPian
 
ghodlur's Avatar
 
Join Date: Sep 2009
Location: Thane
Posts: 5,083
Thanked: 2,208 Times
Smile Re: Third party insurance claims

Quote:
Originally Posted by Victor-whiskey View Post
If my car is insured as 3rd party insurance and is total loss, what is the amount I get from the insurer . Also , is any kind of insurance cover available for the occupants.
In case of TPL only, the maximum amount one ca get in case of total loss is the IDV agreed between Insurance co and the customer. Generally a lot of factors go in the final amount payable but ideally it should be IDV.

There is a personal accident cover available for the occupants which is calculated as a part of the Insurance premium. It is called "Personal Accident to Unnamed Passengers other than Insured and the Paid Drivers and Cleaner".
ghodlur is offline   (2) Thanks Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search


Similar Threads
Thread Thread Starter Forum Replies Last Post
Third-party motor insurance premiums increased. EDIT: Once more in 2017! ghodlur Indian Car Loans & Insurance 23 2nd April 2017 13:56
Insurance premiums vs claims - Would 'Self Insurance' be cheaper for you? GTO Indian Car Loans & Insurance 46 28th February 2016 15:38
Are Insurance claims from the passenger covered in 3rd party policies? Sudhindra Indian Car Loans & Insurance 19 26th May 2014 11:59
Third Party Insurance Premium to go up W.e.f 1st April 2013 Warwithwheels Indian Car Loans & Insurance 17 28th April 2013 09:43
Third Party Insurance rates to soar! ghodlur Indian Car Loans & Insurance 16 19th February 2013 10:26


All times are GMT +5.5. The time now is 02:18.

Copyright 2000 - 2018, Team-BHP.com
Proudly powered by E2E Networks