[achopraa]

Originally Posted by dadu

The calculation is simple, if you would have put the insurance claim in the new insurance year you could have lost lesser in loosing the NCB as its on the previous years installment and due to depreciation also.

For eg.

This year Installment Rs 100.
NCB 20% = Rs20

Next year Installment Rs70 (based on depreciated value of car)
Accident happens
NCB 20% = Rs 14 , NCB not given, lost Rs14.

What they demand is genuine and should be paid.

But you are overseeing the fact that you will have to shell more amont for the parts etc. again due to the Depriciation cost coming into factor since it increases by around 10% with every year passing by. So it is actually better to claim the insurance ASAP.

[naru]

The bumper had taken the beating . from one side the screws were visible. The front fender was chipped in badly and the front bumper was also scratched. The passenger side door was difficult to open due to dent in the fender.

Epilogue -
Took the car to hyundai Service centre. Damages were assessed. The final bill was to be around 8000 bucks(fender repaired and repainted, rear bumper to be changed and repainted and some painting to be done on front bumper)

Which service centre did you go to? I got a long scratch, which spreads from the rear passenger door to almost the front wheel arch, and ive got a quote of Rs9000 + tax from sunsrise in Patparganj.

Did you try anything apart from the service centres? Cause outside im being told it can be done for 3k.