![]() | #1621 | |
BHPian ![]() Join Date: May 2011 Location: Bangalore
Posts: 139
Thanked: 13 Times
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just register with dummy details and get a quote, later speak to a sales guy and get a quote for example you go and bang your car, total claim amount is 35000, you will have to pay 5000(voluntary excess)+1000(complusory amount) the rest 29000 will be taken care by the insurance company. | |
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![]() | #1622 | |
BHPian Join Date: Jul 2011 Location: Mysore / Bangalore
Posts: 74
Thanked: 18 Times
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I would suggest you rethink that one little detail! ![]() | |
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![]() | #1623 | |
Team-BHP Support ![]() Join Date: Sep 2010 Location: All over!
Posts: 6,191
Thanked: 12,285 Times
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If the garage is a good setup, insurance might just work on it. Eg. Windshield Experts are authorized to claim insurance for their jobs. So, a similar workshop might be honoured by insurance. She can/should get it repaired from outside if the damage is not too severe. | |
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![]() | #1624 | |
BHPian ![]() Join Date: May 2011 Location: Bangalore
Posts: 139
Thanked: 13 Times
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Only when the claim is above 15k it makes sense to claim, at that time its better to eat the sour pill and pay 5k from pocket. We can take VE of only 1500 also but premium doesnt reduce much. With VE 5000 premium is reduced a lot, yearly savings is good ![]() Its a difficult decision indeed, the problem with me is as your aware from the beat thread, i have streched budget by 1.1 lakh for ritz, so i have to make these savings ![]() Last edited by Nash24 : 20th July 2011 at 21:09. | |
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![]() | #1625 | |
BHPian Join Date: Jul 2011 Location: Mysore / Bangalore
Posts: 74
Thanked: 18 Times
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![]() | #1626 |
Senior - BHPian ![]() | ![]() My Civic will complete 5 years next week. So, I have got insurance quotations for 6th year. HONDA ASSURE POLICY (Bajaj Allianz / Iffco Tokio, Royal Sundaram, National, etc.) INSURED DECLARED VALUE : 578125/- BASIC PREMIUM (3.612%) 20881 DISCOUNT (30%) 6264 SUB TOTAL 14617 ANTI THEFT (2.5%) 365 NO CLAIM BONUS (00%) : NIL NET O.D .PREMIUM 14251 THIRD PARTY LIABILITY 2750 OWNER DRIVER 100 PAID DRIVER 25 PASSANGERS (50*5) 250 TOTAL PREMIUM 17376 SERVICE TAX (10.30%) 1789 FINAL PREMIUM 19165/- TATA AIG GENERAL INSURANCE CO LTD. INSURED DECLARED VALUE : 578125/- BASIC PREMIUM (3.612%) : 20881 DISCOUNT (50%) : 10880 SUB TOTAL : 10880 NO CLAIM BONUS (00%) : NIL NET O.D .PREMIUM : 10880 THIRD PARTY LIABILITY : 2750 OWNER DRIVER : 100 L.L FOR DRIVER : 25 PASSENGERS COVERAGE (50*5) : 250 TOTAL PREMIUM : 13565 SERVICE TAX (10.30%) : 1397 FINAL PREMIUM : 14962/- So, the difference is Rs.4,203/-. Which one do you suggest, keeping in mind that car is 5 years old. Tata-AIG has cashless settlement at both the workshops (Ring Road Honda, Pearl Honda) near my place. PS: Sorry for the caps, it is a copy+paste, as received in the quotation. |
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![]() | #1627 |
BHPian Join Date: Jul 2011 Location: Mysore / Bangalore
Posts: 74
Thanked: 18 Times
| ![]() Have been collecting quotes from various insurance providers for my new car. The lowest quotes have been from HDFC Ergo and Oriental Insurance. Oriental insurance has offered me a standard comprehensive insurance for ~13200 , and a bumper-to-bumper policy for ~15,500 for a vehicle IDV of 5.25 L. Is it worth going for this? How is their claims process? |
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![]() | #1628 |
BHPian Join Date: Jun 2010 Location: chandigarh
Posts: 339
Thanked: 63 Times
| ![]() Hello all, I am caught in a puzzling situation. I have an Alto Lx bought 1 Aug 2007. So around 20th of july i started to look for insurance. (insurance was to expire 31 July midnight) (No claims for all four years *touchwood*) Earlier it was insured with HDFC ERGO with IDV of ~158000. The online renewal quoted a premium of 3319 for IDV ~142000. Called TATA AIG and after haggling got a quote of 3178 for IDV ~ 150000 I said ok. And a guy was sent to collect cheque from my office on 26 July 2011. I was told i'll get email copy of policy within 48 hours and physical within a week. On 30th July i had still not recieved any email so i sent an email and called up TATA AIG customer care. I was asked for my CAR Registration No. I told them and he checked up and said that no policy has been issued for this car. I explained that my insurance would be over in two days and he said there is nothing he can do. I waited till 31st July morning for any response to mail etc. Then i did online renewal of HDFC ERGO policy. On checking my HDFC POLICY i found that they had put wrong registration address and RTO Location (EAST Delhi instead of Panchkula). Called their customer care and they said that i should send scanned copies of my earlier insurance policy as proof. I did that yesterday. Today i received an email from TATA AIG apologizing for the delay and included a soft copy of insurance policy. Now i have two insurance policies for the SAME CAR! What should i do? Please help its urgent! Last edited by guptavis : 2nd August 2011 at 15:31. |
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![]() | #1629 |
BHPian ![]() Join Date: Dec 2009 Location: Munich, DE
Posts: 290
Thanked: 94 Times
| ![]() ^^ You havent mentioned if the cheque was collected by TATA AIG. If they have then you can call up the cust serv of any one of the companies you DO NOT wish to transact with and request them to cancel your policy. AFAIK, IRDA (regulators) policy stated that you can cancel a policy within 15 days from its receipt. |
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![]() | #1630 |
BHPian ![]() Join Date: Jan 2010 Location: Atlanta, USA ; Chennai India
Posts: 156
Thanked: 61 Times
| ![]() Hi Guys, My Fiat GP DI Epack insurance is due by 28th Aug,2011. Current Insurer is Future Genrali and below is the list of quotes i got from various insurers. I want to go with cashless & hassle less option with best rate. Suggest one please... |
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![]() | #1631 | |
BHPian Join Date: Jun 2010 Location: chandigarh
Posts: 339
Thanked: 63 Times
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![]() | #1632 |
BHPian Join Date: Jul 2011 Location: Bangalore
Posts: 89
Thanked: 29 Times
| ![]() I have a FIAT Punto 1.3 Emotion. My car insurance is due for renewal on September 1. This is my first insurance renewal. I tried getting from Future Generali since they were the previous insurers. One of customer service representatives called up and gave me a quote of 19K ![]() By this time I had already taken a quote from Bajaj Allianz online. The quote I got was 12.5K. I felt that quote only is high. So I told the guy thank you very much. I am not going to renew the insurance through FG your premium is way tooo high. So I am back to hunting now. Any suggestions for renewing my policy? |
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![]() | #1633 | |
Senior - BHPian ![]() | ![]() Quote:
Do some research and dont get taken for a ride by the Insurers, read the policy document very carefully. All the best. Suggested Insurers who offer online quotes: Cholamanadalam, Tata AIG, Royal Sundaram, Bajaj Allianz. | |
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![]() | #1634 |
BHPian Join Date: Jul 2011 Location: Bangalore
Posts: 89
Thanked: 29 Times
| ![]() Thanks a lot for the tip. I tried various online quotations but the IDV I am getting in all the places is something in the range of 4.6-4.8L. Now I am confused what should be the correct IDV for my car. In the current policy the IDV is 5.68L. Also the premiums are all upwards of 13K. Oh and I have made one claim on my policy last year. |
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![]() | #1635 | |
BHPian Join Date: Jul 2011 Location: Bangalore
Posts: 89
Thanked: 29 Times
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Also have you made any claims in the last year? If not is are the quotes you have got inclusive of NCB? Uff, sorry so many questions at a single time! I am little confused here. ![]() | |
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