![]() | #2866 | |
BHPian ![]() | ![]() Quote:
BJ | |
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![]() | #2867 | |
Senior - BHPian ![]() | ![]() Quote:
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![]() | #2868 |
Senior - BHPian Join Date: Jul 2009 Location: Pune
Posts: 2,665
Thanked: 1,764 Times
| ![]() I sold a car in August 2013, with insurance expiring on July 2014. I have the relevant documents evidencing registration of this sale/transfer by the RTO. Based on this, can I get the NCB letter now, or do I have to wait till July 2014. If I get it now, I can use it for a renewal on another car, to be done in May 2014, hence the question. |
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![]() | #2869 | |
BHPian Join Date: Nov 2010 Location: Bangalore
Posts: 490
Thanked: 279 Times
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I have received the above in the last 3 cars I sold. Once from United India and twice from hdfc ergo. | |
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![]() | #2870 | |
Senior - BHPian Join Date: Jul 2009 Location: Pune
Posts: 2,665
Thanked: 1,764 Times
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I know I will get the NCB letter, my question is as to when it will be issued - only after the current policy expires in July 2014, or now, if I apply for it? Logically, it should be the latter since the buyer has paid back the NCB I received in July 2013, but logic may not apply... | |
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![]() | #2871 | |
BHPian Join Date: Nov 2010 Location: Bangalore
Posts: 490
Thanked: 279 Times
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![]() | #2872 |
Senior - BHPian ![]() | ![]() If a vehicle is declared as total loss what is paid by the Insurance Company? The IDV or only the salvage value? A friends Marshall had an IDV of Rs 1,50,000 and met with an accident. The repair estimate is about 1,75,000 and therefore, the insurance company wants him to collect a salvage value of about 35K only and declare the vehicle as a total loss. |
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![]() | #2873 |
Senior - BHPian Join Date: Jul 2009 Location: Pune
Posts: 2,665
Thanked: 1,764 Times
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![]() | #2874 | |
Senior - BHPian ![]() | ![]() Quote:
Normally the Insurance co pay off a certain % of the IDV and the salvage value equalling the IDV on the insurance policy. | |
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![]() | #2875 |
Senior - BHPian ![]() Join Date: Jul 2007 Location: Pune
Posts: 1,724
Thanked: 2,181 Times
| ![]() My Scorpio's insurance renewal is coming up, but I haven't got a quote + reminder from New India yet. These are some online quotes that I've got till now from other co's: Tata AIG: IDV 5,25,000, premium 9,642, std deduction 2500 Bajaj Allianz: IDV approx. 5,16,000, premium 10,551, std deduction 2500 Any opinions on the above, service wise and IDV + quotes wise too? Cheers, Vikram Last edited by comfortablynumb : 12th February 2014 at 16:20. |
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![]() | #2876 | |
Senior - BHPian ![]() | ![]() Quote:
Why wait for a quote, check it online from New India Assurance website itself. They do have online renewal option. http://www.team-bhp.com/forum/indian...ml#post3062780 Regarding the Insurance co you mentioned, do they have cashless tie up with Mahindra workshop? If not, then try other online Insurance quotes. | |
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![]() | #2877 | |
Senior - BHPian ![]() Join Date: Jul 2007 Location: Pune
Posts: 1,724
Thanked: 2,181 Times
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Cheers, Vikram | |
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![]() | #2878 | |
Senior - BHPian ![]() Join Date: Jul 2007 Location: Pune
Posts: 1,724
Thanked: 2,181 Times
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Cheers, Vikram | |
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![]() | #2879 |
Senior - BHPian ![]() | ![]() Is this premium with Zero dep add on? What about Tata AIG's quotes, does it include zero dep? Tata AIG option seems to the better one amongst the quotes mentioned. |
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![]() | #2880 | |
Senior - BHPian ![]() Join Date: Jul 2007 Location: Pune
Posts: 1,724
Thanked: 2,181 Times
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Regards, Vikram | |
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