Automobile Insurance Queries? Ask me

[S_U_N]

Originally Posted by anjanravi

I spoke to Sherif Nissan after reading your post and they say that insurance will cough up 80% of the painting charges. I know the charge is exorbitant but I think I'll have to get it done by them only as they are willing to pay a decent portion.
I thought I would be getting 100% for my headlamps and foglamps but you just reminded me that they could be plastic parts as well! In that case I'll ask them not to add the foglamps as they are super expensive. 15000Rs and even if insurance pays 50% I'll have to pay 7500. I want to finish this as cheaply as possible and the lack of foglamps is not going to affect my driving

It is still possible for you to try and get work done at two places, I guess.
Since the car cannot be moved, I guess the mechanical aspects need to be fixed at Sherif Nissan first.
I suggest talk to the surveyor and see if he can suggest something to bring down the costs (like getting all painting done somewhere else where they have a tie-up)

Just for comparison, the cost of Skoda Rapid's hood is Rs. 5300 + tax and the painting charges is Rs. 4500 + tax.
Clearly in you case the bonnet painting charges are exorbitant.
Perhaps, you can escalate this to the Nissan authorities.

[hemantbsutar]

Originally Posted by hemantbsutar

Have a query, may have been answered but the volume of searching pages and my inability to get a proper search result means i need to post this
1. I understand that if i buy a used car and renew the insurance, the NCB is not valid. However if i have TRANSFERRED the insurance from previous owner, then when renewing i should get? Or looking at the previous years policy/RC book they would know its an ownership transfer and not give NCB?
2. Is there much use of bumper to bumper policy, is it worth the extra money?

If the car was a transfer from company to individual and there is a letter for transfer of insurance which ALSO says that there is no objection to have the NO CLAIM BONUS transferred to the buyer, will that work?

[Abhi_abarth]

I have a query on motorcycle insurance.

@Mods: Tried searching in others threads but couldn't find it. Please merge it with motorbikes thread if it doesn't fit in this section.

I have a Honda Unicorn 2007 model and have been consistently getting chalans by traffic police for my bike not being insured. When I ask them why should a 5 year old bike be insured they do not give me any answers other than telling me that "Saar, it is a rule" that's it.

Following are my questions :

1. Is it really worthy to insure a 5 year old bike ?

2. Is the 2 wheeler insurance same to that of 4 wheeler insurance, I mean if the bike unfortunately undergoes any damage will that be taken care ? I agree plastic parts won't but what about the other metal components ?

3. If it is purely for the law can we go for third party insurance ?

Request all the gurus to clear this cloud of confusion.

Cheers,
Abhi

[libranof1987]

Originally Posted by Abhi_abarth

Following are my questions :

1. Is it really worthy to insure a 5 year old bike ?

2. Is the 2 wheeler insurance same to that of 4 wheeler insurance, I mean if the bike unfortunately undergoes any damage will that be taken care ? I agree plastic parts won't but what about the other metal components ?

3. If it is purely for the law can we go for third party insurance ?

As per law, you have to have insurance for the bike. And 5yrs is extremely less to wonder if it is worth it.

Insurance will cover a 2 wheeler just as it covers a 4wheeler, subject to policy guidelines.

Yep, I think you can go purely for a third party claim policy.

[F50]

Originally Posted by Abhi_abarth

Following are my questions :

1. Is it really worthy to insure a 5 year old bike ?

2. Is the 2 wheeler insurance same to that of 4 wheeler insurance, I mean if the bike unfortunately undergoes any damage will that be taken care ? I agree plastic parts won't but what about the other metal components ?

3. If it is purely for the law can we go for third party insurance ?

1) Yes why not?

2) Yes, you can get a comprehensive bike policy as well.

3) It is a law that your car/bike cannot be plying on the road without insurance. Minimum insurance required is third party insurance.

Please get your bike insured. 400 odd bucks won't hurt you and it is less compared to the number of fines you have paid.

[bluevolt]

Originally Posted by anjanravi

Here is the estimate. @bluevolt. check part 19 for the price of hood.

You are right Ravi, the parts come unpainted from Hyundai too. Please refer to this post http://www.team-bhp.com/forum/test-d...ml#post2815717

[FanaticOnWheels]

I recently had a fall on my R15, which is a 6 month old bike. There were scratches on the left fairing, which was promptly replaced by the service center, and they took all the necessary documents from me for the insurance claim (cost me 9k in total).

The service manager there says that the insurance company (United India) will credit the amount due to me in a week's time. I have already paid the amount up front, and had handed over a cancelled cheque and a copy of my passbook to him for my account number details.

Just wanted to know if this is how the process works, in general? Do they really refund the amount in a week? (The manager said that they'll refund the entire amount, though I am not really buying that)

[bluevolt]

Originally Posted by FanaticOnWheels

Just wanted to know if this is how the process works, in general? Do they really refund the amount in a week? (The manager said that they'll refund the entire amount, though I am not really buying that)

Yes it's like this only, same case as mine.

Read this post http://www.team-bhp.com/forum/indian...ml#post2808086

[FanaticOnWheels]

Originally Posted by bluevolt

Yes it's like this only, same case as mine.

Read this post http://www.team-bhp.com/forum/indian...ml#post2808086

Any idea if United India electronically transfers the cash, or if they hand over a cheque? (I sincerely hope it's the former)

[bluevolt]

Originally Posted by FanaticOnWheels

Any idea if United India electronically transfers the cash, or if they hand over a cheque? (I sincerely hope it's the former)

They will transfer the amount to the bank account mentioned in cancelled cheque directly.

[FanaticOnWheels]

Originally Posted by bluevolt

They will transfer the amount to the bank account mentioned in cancelled cheque directly.

Any idea what the cycle time is? I was told that it is one week. Any ideas on this?

[bluevolt]

Originally Posted by FanaticOnWheels

Any idea what the cycle time is? I was told that it is one week. Any ideas on this?

I am told that it takes around 7-15 days for them to send money to my account.

[aravinrd]

Hi,

I am holding a insurance policy from Bajaj alliaz, for a 2009 model Ford Fiesta, to renew the policy for the 4th year bajaj is quoting 13.5K wheras i am getting a better deal from policy bazar (bharthi axa) for 10.3 K, is it advisable to get the policy through policy bazar?

[sumeethaldankar]

Guys my inusrance with Future Generaly expires tommorow ie 1 july .I have renewed insurance with SBI which starts from 2 july. My car met with a accident today and i am not sure to which co i should approach for a claim .Need a answer fast on this one please.

thanks.

[bluevolt]

Originally Posted by sumeethaldankar

Guys my inusrance with Future Generaly expires tommorow ie 1 july .I have renewed insurance with SBI which starts from 2 july. My car met with a accident today and i am not sure to which co i should approach for a claim .Need a answer fast on this one please.

thanks.

If the accident is minor then you can go ahead with SBI after waiting for 2-3 days but if it is major accident involving FIR etc then you have no option except future generally.