![]() | #3976 |
Senior - BHPian Join Date: Nov 2009 Location: Bangalore
Posts: 1,371
Thanked: 1,831 Times
| ![]() Why is it so difficult to claim insurance from Royal Sunderam? Last year when I had comprehensive insurance, I had damages of ~90k INR.Royal Sunderam tried to cheat me by changing the date of registration to 6 months prior and increasing the depreciation from 10% to 15%. This year I have taken bumper to bumper cover. On submitting a claim, I am told that it will be considered as 2 incidents and I have to pay double as the incidents occurred about 10 seconds apart. I was reversing into a narrow lane at a resort in Mamallapuram to turn around when my back hit a gate, the running board hit the high pavement while turning around. These 2 incidents occurred within 10 seconds, but are being treated as 2 separate incidents. Apparently If a 2 wheeler hit you once and then again while removing it, it will still be considered as 2 incidents. Are they justified in making this as 2 incidents? |
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![]() | #3977 | |
Senior - BHPian ![]() | ![]() Quote:
If the damages are at two different places and logically cannot be caused by one accident, then by default the repairs for both the sections will be considered as two separate claims. Here the time is not the factor but the extensiveness of the damage is critical. Unless otherwise the surveyor is convinced that there could be a possibility. Were you present when the surveyor inspected the car? I would suggest to talk to the surveyor. | |
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![]() | #3978 | |
Distinguished - BHPian ![]() ![]() Join Date: Dec 2012 Location: Ranchi
Posts: 4,084
Thanked: 9,934 Times
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Policy bazar was ready to issue me a new policy after the old one had expired. They just wanted me to send clicks of my car which had to be clicked by me (and not the surveyor!). This, I think meant a false underwriter report. I went through offline mode even if that meant paying 4 grands extra! +1 to the suggestion that check with them only for the sake of a basic comparison. Buy from insurer website directly. Regards. | |
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![]() | #3979 |
Senior - BHPian ![]() Join Date: Jan 2014 Location: Bangalore
Posts: 1,557
Thanked: 3,457 Times
| ![]() Checking Insurance options for Tata Tiago (New). From the different quotes that I received, Tata AIG seems the lowest priced at 13,452 for Comprehensive Insurance and at an additional cost of Rs.2661/- (Rs.16,113) they are offering what they call the Pearl Plan which includes:
Is Depreciation Reimbursement the same as a Zero Depreciation Insurance? What is the general opinion about Tata AIG Insurance - is the claim process easy? |
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![]() | #3980 | |
BHPian Join Date: Aug 2016 Location: Garhwal, Pune
Posts: 190
Thanked: 547 Times
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HDFC has givern a revised offer of Rs. 19158/-, Zero dep titanium plan with IDV of Rs. 7 Lakhs. Plan benefits in below picture. Motor Add on Wordings - Titanium policy wording.pdf Though they don't have cashless tie-up with my regular garages, they are offering a facility of 60% advance payment for repairs from non-covered garages. Details in below picture. ![]() What do you guys suggest ? More than 4k difference in FG's and HDFC's premium and later also giving more add-on ![]() My only concern is the way payment is to be made. They will sent a link for payment and there won't be any policy details before payment. Is this common practice these days ? Same is the case with FG. | |
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![]() | #3981 |
BHPian ![]() Join Date: Mar 2011 Location: Ludhiana
Posts: 755
Thanked: 636 Times
| ![]() Urgent help required.I am in the process of buying a Maruti and have been told by the dealership that comprehensive insurance is mandatory for hypothecation (purchase financed by car loan)on the RC.I am insisting on liability insurance only.Is comprehensive insurance mandatory for vehicles financed on loan ?Is it mandated by the government or banks or the dealership? Thanks in advance. |
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![]() | #3982 |
Distinguished - BHPian ![]() ![]() Join Date: Jun 2007 Location: Chennai
Posts: 10,148
Thanked: 20,104 Times
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By the banks, if they have any sense! What security would they have if the borrower writes off the car? nothing! But I don't see that that would be anything to do with the dealer/RTO. Not what you asked, but please think twice about having a loan on a car without comprehensive insurance. You might not still have the car, but you would still have the loan: that would be very depressing. Please ignore if you think it is none of my business! |
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![]() | #3983 | |
BHPian ![]() Join Date: Mar 2011 Location: Ludhiana
Posts: 755
Thanked: 636 Times
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I've got an excellent quote on that website for comprehensive insurance. Much below dealer quote. ![]() | |
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![]() | #3984 | |
Senior - BHPian ![]() | ![]() Quote:
The government has nothing to do with this. Nor does the Insurance Company. Its the condition that's set by the "lender" (banks) and as long as you want his money to finance your purchase then you have no choice. Insurance company asks the question about finance - so that they can incorporate a "clause' known as "hypothecation clause" which effectively will give the financer the 1st call on any money becoming payable on that insurance - mostly in case of a "total loss". If you are buying the vehicle using your own money then you have the option to go in for the "mandatory Third Party" cover - so if you say its not financed/hypothecated the TP option will still stay on. Hope you are confused enough now ![]() Best Regards & Drive Safe Ram Last edited by r_nairtvm : 28th April 2017 at 09:23. | |
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![]() | #3985 |
BHPian Join Date: May 2009 Location: India
Posts: 602
Thanked: 651 Times
| ![]() Hi All, Here are the insurance quotes (Zero Dep. + 24x7 Roadside Assistance), which I am getting for my TATA Safari (May 2012 model) with an IDV of 5,00,000:
As per my knowledge, Oriental Insurance doesn't offer a cashless across TATA workshops whereas the Universal Sompo does offer the cashless. Please advise. Cheers! Irish ![]() |
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![]() | #3986 |
BHPian Join Date: Sep 2016 Location: Patna/Gurgaon
Posts: 65
Thanked: 66 Times
| ![]() Insurance of my Xuv is due on 25/05. Current insurance is from Bharti axa. Bharti axa has given me a quote of rs35860 for an idv of 1400000 and Hdfc ergo has given me a quote of rs30864 for similar idv. Both quotes includes zero depreciation cover. Now I just want to know how is Hdfc ergo in terms of settlement of claims since this is the first time I am thinking of getting renewed from Hdfc. Also is there anything more I should take care of? Thanks in advance. |
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![]() | #3987 |
BHPian ![]() Join Date: Dec 2006 Location: Kolkata
Posts: 863
Thanked: 556 Times
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![]() | #3988 |
Senior - BHPian ![]() Join Date: Jun 2013 Location: Bangalore
Posts: 1,517
Thanked: 2,858 Times
| ![]() Just heard of Liberty Videocon insurance for cars. Anyone has a policy from this group ? Kindly share feedback. |
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![]() | #3989 |
BHPian Join Date: Sep 2016 Location: Patna/Gurgaon
Posts: 65
Thanked: 66 Times
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Thanks for the quick reply. One more question I have, last year when I bought my Xuv, idv was 1444247. Now this being the second year and first renewal what should be the correct idv because I am getting quotes for idv ranging between 1150000 and 1470000. |
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![]() | #3990 |
BHPian ![]() | ![]() My 2 month old Creta got rear ended today. The rear bumper will probably need a replacement. My SA told it costs about 7000 with paint and all. I've a zero dep policy. Would it be advisable to forgo future NCB and claim insurance now? Generally I'm a very safe driver and haven't claimed insurance in previous car in 6 years of ownership I've had with it. |
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