![]() | #4081 | |
Senior - BHPian ![]() | ![]() Quote:
Are you calculating the correct IDV? If yes, then speaking with the Insurance rep would clarify the reasons for a fixed IDV. IMHO you should not opt for voluntary deductible just because you could lower your premium by a few hundreds or thousands rupees. | |
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![]() | #4082 | |
BHPian Join Date: Dec 2009 Location: Bangalore
Posts: 556
Thanked: 248 Times
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![]() | #4083 |
BHPian Join Date: Aug 2007 Location: Bangalore
Posts: 967
Thanked: 242 Times
| ![]() What's the meaning of unnamed passenger / named passenger? How does it affect the policy? Thanks in advance. |
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![]() | #4084 | |
Senior - BHPian ![]() Join Date: Sep 2014 Location: Chennai
Posts: 4,612
Thanked: 8,567 Times
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Please read - http://www.team-bhp.com/forum/indian...rance-faq.html | |
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![]() | #4085 |
BHPian ![]() Join Date: Dec 2006 Location: Kolkata
Posts: 863
Thanked: 556 Times
| ![]() A very poor service from royal sundaram. The car is ready for delivery since last one week. Final inspection has been done 6 days back but not yet for the delivery order. Talked to several people starting from customer care to local claim settlement team, and all they are giving is false promises. |
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![]() | #4086 |
BHPian Join Date: Nov 2014 Location: Chennai
Posts: 93
Thanked: 111 Times
| ![]() Hi all, My 2013 Brio VX MT insurance is due for renewal. The dealer has given me a quote of 13k for a comprehensive bumper to bumper renewal. Since this is the last year of warranty, is there any point in going for a bumper to bumper? Opinions are appreciated. |
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![]() | #4087 | ||
Senior - BHPian ![]() | ![]() Quote:
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![]() | #4088 |
Senior - BHPian ![]() | ![]() I have searched through the thread, and not sure whether this is being answered anytime. If my vehicle had a damage in an accident with another car (say a repair estimate of 50K), can I get it repaired by using the other parties third party insurance cover and not touching my insurance. I could only see mixed comments on this regard over the internet; some say it is possible, some say it is not, some say that it is a hassle etc. Anyone out there who has got a concrete answer? |
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![]() | #4089 | |
Distinguished - BHPian ![]() ![]() | ![]() Quote:
"Making a third party motor claim is not easy. The complex course begins with filing an FIR with the police and obtaining a charge sheet, which, as we all know is a mammoth task in itself. After this, one has to approach a motor claims lawyer who files a case in a special court, the Motor Accident Claims Tribunal. Civil courts cannot decide road accident compensation claims. The case has to be either filed in the tribunal with jurisdiction over the area where the accident occurred or with the tribunal with jurisdiction over the area where the claimant or the defendant resides. The court then hears both sides, examines the evidence, and fixes the liability. If the decision is in your favour, you get compensated for your loss. " Read here Last edited by tsk1979 : 6th October 2017 at 01:13. | |
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![]() | #4090 |
BHPian ![]() | ![]() My car got rear ended when another vehicle rammed from left hand side, insurer tells me I need to log two seperate claims though happened through same incident. Is that a con or some stupid guideline ? |
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![]() | #4091 |
BHPian Join Date: Oct 2015 Location: Ahmedabad
Posts: 360
Thanked: 467 Times
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Sounds like a con. Insurer might benefit in case your policy has limited no of claim. |
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![]() | #4092 |
Senior - BHPian ![]() | ![]()
Did both the incidents happen at the same time? If yes, then definitely the Insurer is taking your for a ride. Tell them firmly that only one claim is admissible or the issue will be raised with the Ombudsman/IRDA. |
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![]() | #4093 |
BHPian Join Date: Oct 2015 Location: Bangalore
Posts: 122
Thanked: 138 Times
| ![]() I had a major damage to the entire left side of my vehicle and both the doors and the front bumper has to be replaced. My car is 2011 make. How much will the insurance cover? This is the first time I will be claiming in last 6.5 years? any ideas how to negotiate. The dealer is giving a rough estimate of 70-80K including painting. My car is Fiat Linea T-Jet. |
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![]() | #4094 | |
Senior - BHPian ![]() | ![]() Quote:
Unfortunately, you will lose your accumulated NCB which now should be around 50%. So expect a higher premium renewal next year. | |
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![]() | #4095 | |
Senior - BHPian ![]() | ![]() Quote:
The metal parts depreciate as per depreciation schedule as below Age of the vehicle Vs % of depreciation for metal parts Not exceeding 6 months Nil Exceeding 6 months but not 1 year 5% Exceeding 1 year but not 2 years 10% Exceeding 2 years but not 3 years 15% Exceeding 3 years but not 4 years 25% Exceeding 4 years but not 5years 35% Exceeding 5 years but not 10 years 40% Exceeding 10 years 50% This is as per information publicly available in any insurance policy, IRDA guidelines and various insurance related information available online. For 6.5 yrs old vehicle, metal depreciation will be 40% upto 10 yrs of age. Only glass parts are covered 100% irrespective of age of vehicle. EDIT: A small correction to 50% painting charges: Rate of Depreciation for Painting : In the case of painting, the depreciation rate of 50% shall be applied only on the material cost of total painting charges. In case of a consolidated bill for painting charges, the material component shall be considered as 25% of total painting charges for the purpose of applying the depreciation, while the labour is covered 100%. Last edited by Rehaan : 12th October 2017 at 15:47. Reason: Adding additional note as per your request. Thanks! | |
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