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Old 11th March 2015, 13:18   #3121
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Default Re: Automobile Insurance Queries? Ask me

Quote:
Originally Posted by recshenoy View Post
I have a query related to insurance renewal, particularly NCB transfer. My figo (2012 March) insurance is due on March 15th.

Current insurer is quoting 8.8K for renewal with an IDV of 3.5L (united insurance). Before United I had insurance with Ford (Sundaram) for 2012 and 2013.
I claimed insurance in 2013 (Sundaram) before switching to United insurance in 2014 March. So I believe NCB is void with respect to Sundaram insurance.

In 2014 I have not made any claim but planning to switch insurer with zero depreciation since car will be driven lot more in coming days. United insurance is not providing zero depreciation. United insurance document says 25% as NCB. So I am confused about this NCB transfer. How much NCB deduction I can get when I switch insurer?
You will still get 25% NCB even if you switch to a new Insurer.
NCB will be given irrespective of whether you are continuing with the insurer or not. You can try different insurer who will be offering Zero depreciation cover for your Figo.
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Old 11th March 2015, 13:53   #3122
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Smile Re: Automobile Insurance Queries? Ask me

Quote:
Originally Posted by recshenoy View Post
In 2014 I have not made any claim but planning to switch insurer with zero depreciation since car will be driven lot more in coming days. United insurance is not providing zero depreciation. United insurance document says 25% as NCB. So I am confused about this NCB transfer. How much NCB deduction I can get when I switch insurer?
Actually you would eligible for 20% NCB since you had only one claim free year i.e from March 2014 to March 2015. Surprised to see UI providing 25% NCB which is the % for the two claim free years. When you try to buy the Insurance online, you will be asked for the NCB % and you can use the 25% provided you have the commitment from UI in writing.

My suggestion better stick to 20% because if new insurer realizes the folly of UI, they will ask you to pay back the additional amount.
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Old 14th March 2015, 17:16   #3123
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Default Re: Automobile Insurance Queries? Ask me

Guys,

I was on a road trip and unfortunately hit a cow that came out of nowhere on the highway. The animal got up and scooted but my car (Toyota Innova) has some marks to show. One of the headlights broke and there is a dent on the bonnet cover and the driver side door got banged up badly and looks like it needs replacing.

I showed it to a body shop guy and he said it would cost me upwards of Rs. 25000 to repair.

I have insurance (not the fancy "bumper-to-bumper" variety but the regular comprehensive one. The car is from 2008 and I had an NCB on my earlier car too which I got transferred to this one. So there is a 50% (Max) NCB.

I am due to upgrade my car and might be going for anything in the range of Rs. 25-35L in the next one year if not earlier.

My question is, does it make sense for me to claim insurance?

Please advise.

GG
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Old 16th March 2015, 12:49   #3124
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Red face Re: Automobile Insurance Queries? Ask me

Quote:
Originally Posted by GentleGiant View Post
I am due to upgrade my car and might be going for anything in the range of Rs. 25-35L in the next one year if not earlier.

My question is, does it make sense for me to claim insurance?
You could save much more with your 50% NCB on your new Car's insurance which I assume will be substantial. Having said that one year is too long period for the decision making, you will need to take an appropriate call. Take an informed decision.

My suggestion: if you have the cash, dont claim the Insurance and use it for the new car's insurance. If not claim the repair charges.
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Old 19th March 2015, 12:13   #3125
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Default Does insurance cover Gift from Truck Driver

Good day friends,

Went on long drive with family as under in trusted Toyota Corolla 2006 model

Andheri Mumbai to Jaipur
Jaipur to Haridwar
Haridwar to Udaipur
Udaipur to Abu Road
Abu Road to Mumbai

Was driving at 10 in night at Baroda when suddenly a truck carrying boulders dropped one

I was at 90 and had very little time to break and decided to swerve instead resulting the front right tire going over the boulder

Rim was damaged and got home by changing the tyre of the car without any issues ( Thank you God )

Got the car inspected from my trusted mechanic and it was diagnosed that

a) right apron has come up a little
b) chassis has been hit and has lost alignment by 2 cms to right
c) steering has hardened but no damage to the pinion rack
d) front right shock needs to be changed

The mechanic has asked me not to invest any money in the car rather dispose it off immediately.

My question - Can I claim insurance ?

Reason - Cannot bear the thought of the person who buys this car getting hurt because of this instance.

Please guide - as per my mechanic insurance cannot be claimed.

rgds Deepak
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Old 19th March 2015, 13:35   #3126
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Red face Re: Does insurance cover Gift from Truck Driver

Quote:
Originally Posted by dipak1406 View Post
My question - Can I claim insurance?
Firstly the title is misleading, pls write to mods to change it.
Secondly your mechanic is right in saying that you cannot claim insurance since the mechanical damages are caused by your negligence. But he is absolutely not right in saying that the car needs to be disposed off, pls dont think on those lines unless you get it thoroughly checked at Toyota workshop and assess the condition. The damages can be minimum too.

Suggest you to get the car serviced and if Toyota confirms that the integrity of the cars is compromised then only think off selling it. Pls see this.

Quote:
The Company shall not be liable to make any payment in respect of:-
(a) consequential loss, depreciation, wear and tear, mechanical or electrical
breakdown, failures or breakages;
(b) Damage to tyres and tubes unless the Private Car is damaged at the same time in
which case the liability of the Company shall be limited to 50% of the cost of
replacement.
and
(c) any accidental Loss or Damage suffered whilst the Insured or any person driving
the Private Car with the knowledge and consent of the Insured is under the
influence of intoxicating liquor or drugs

Last edited by ghodlur : 19th March 2015 at 13:37.
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Old 19th March 2015, 13:47   #3127
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Default Re: Does insurance cover Gift from Truck Driver

Quote:
Originally Posted by dipak1406 View Post
My question - Can I claim insurance ?
Yes, this is covered in insurance. talk to Toyota Garage and file a cashless claim.

Depending on the garage/Surveyor, this could be either:

1. Accident claim OR
2. Own damage

Quoting from experience of a BHPian:

Quote:
I recently claimed Rs 4000 for dent removal/painting on the rear left door of my Alto. I bumped in to the gate post, although slowly, while entering my compound. I have to make a steep left turn from the road to enter my compound, the right gate had swung partly closed due to wind, I was over confident and miscalculated the angle of entry.

I went for cashless settlement of Maruti insurance through the MASS. I just wrote "bumped in to the gate post" in the column for cause of accident in the form. Claim was settled without any questions.
Link to post : http://www.team-bhp.com/forum/indian...ml#post1660358 (Insurance claims for own damage)
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Old 19th March 2015, 14:03   #3128
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Default Re: Does insurance cover Gift from Truck Driver

Quote:
Originally Posted by ghodlur View Post
Secondly your mechanic is right in saying that you cannot claim insurance since the mechanical damages are caused by your negligence. But he is absolutely not right in saying that the car needs to be disposed off, pls dont think on those lines unless you get it thoroughly checked at Toyota workshop and assess the condition. The damages can be minimum too.
Sorry, why isn't it covered by insurance? Hitting a boulder on the road is not any different from hitting a dead cow (yes, cow. Friend claimed 3.75L + Taxes for repairing his Ecosport which jumped over a dead cow).

Chassis related damage assessment and repair is best left to the professionals.

Quote:
Originally Posted by NetfreakBombay View Post
Yes, this is covered in insurance. talk to Toyota Garage and file a cashless claim.

Depending on the garage/Surveyor, this could be either:

1. Accident claim OR
2. Own damage
Own damage is the best. No FIR involved.
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Old 19th March 2015, 14:09   #3129
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Default Re: Does insurance cover Gift from Truck Driver

Yep just claim you ran over a boulder that was not visible at night. You'll lose your NCB but insurance will pay for most of the damages.

Last edited by reignofchaos : 19th March 2015 at 14:10.
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Old 19th March 2015, 14:09   #3130
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Default Re: Does insurance cover Gift from Truck Driver

Quote:
Originally Posted by dipak1406 View Post
Good day friends,

Went on long drive with family as under in trusted Toyota Corolla 2006 model
.
.
.
Firstly you can definitely claim insurance for all this

Secondly, Apron and Chassis damage is nothing a 'Car O Liner' cant fix. You need to visit Toyota for this, not a local mechanic.

Please file an insurance claim and get the car fixed. I'll be back to as good as new.

Last edited by aah78 : 19th March 2015 at 21:08. Reason: Edited quote.
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Old 19th March 2015, 14:17   #3131
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Default Re: Does insurance cover Gift from Truck Driver

Friends,

Thank you for the replies.

Appreciate the quick response. Was very annoyed as the car is very dear to me and my daughter.

She has infact given an ultimatum that any upgrade after this has to be in following ranking

next update - S class
after that - Rolls Royce
after that - bugatti veyron

She is 8 yrs and had seen the photos of the above cars on my wish list 2 years back. Still remembers it amazing.

Anyways, will park the car in Toyota garage next week.

regards, Deepak
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Old 19th March 2015, 14:19   #3132
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Default Re: Does insurance cover Gift from Truck Driver

Quote:
Originally Posted by dipak1406 View Post
My question - Can I claim insurance ?
If you have comprehensive insurance you surely can claim insurance. If it is only third party then practically claiming it on the truck's third party (assuming he has a valid one) can be difficult

Quote:
Originally Posted by ghodlur View Post
Secondly your mechanic is right in saying that you cannot claim insurance since the mechanical damages are caused by your negligence.
How is this his negligence. The negligence is on the part of the truck for not securing the load
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Old 19th March 2015, 17:59   #3133
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Default Re: Does insurance cover Gift from Truck Driver

Quote:
Originally Posted by ghodlur View Post
Secondly your mechanic is right in saying that you cannot claim insurance since the mechanical damages are caused by your negligence.
Insurance covers accidents.

Majority of accidents happen due to negligence - major or minor.

Insurance should cover this incident.
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Old 19th March 2015, 20:51   #3134
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Default Re: Does insurance cover Gift from Truck Driver

I don't see a reason why insurance claim should be denied. This is exactly what the insurance is for. I have claimed insurance when I have mistakenly banged my car into RCC pillar while reversing - no questions asked beyond that. I am sure a lot of other folks must have done it too.

However, in your case the car being a 2006 model, there will be significant depreciation and a good chunk will have to be borne by you. If you do not care about the loss of NCB, go ahead and make a claim. I am sure it'll still turn out cheaper than saving the NCB on the car.

Quick edit: When you write your story for claim, do not make a mention of another vehicle involved as that may invite some complexity - rather state that you hit a boulder lying on the road.

Last edited by Rodie09 : 19th March 2015 at 20:53.
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Old 25th March 2015, 10:39   #3135
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Default Re: Automobile Insurance Queries? Ask me

Need advise.

My XUV500 was booked on 12/Apr/2103 for an ex-showroom price of Rs. 13,85,969.
2 years have completed and 3rd year is beginning.

1. What should be the ideal IDV ? have received quotes ranging from 10 lacs to 11.50 lacs.
2. How much is the 3rd party Insurance ? have received quotes of Rs. 4,109 and Rs. 5,292.
3. Any feedback on L&T Insurance ? They have quoted the lowest followed by Bajaj Alliance, TATA AIG and ICICI.
4. What is the maximum discount I can extract on the OD premium ? Have received up to 60 percent.
5. Does the Zero Dep premium vary from company to company ? some have quoted 4400 to 6500 for an IDV of 11 lacs.

Last edited by bnzjon : 25th March 2015 at 10:44.
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