![]() | #541 | |||
Senior - BHPian ![]() Join Date: Mar 2008 Location: Mumbai/Mulund
Posts: 1,658
Thanked: 55 Times
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Benefit which is offered to you is offered to everyone as it's there new product. Quote:
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![]() | #542 | |
Senior - BHPian ![]() Join Date: Jan 2008 Location: Poona
Posts: 1,850
Thanked: 111 Times
Infractions: 0/2 (9) | ![]() Quote:
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![]() | #543 | |
Senior - BHPian ![]() Join Date: Mar 2008 Location: Mumbai/Mulund
Posts: 1,658
Thanked: 55 Times
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I had my bike which was stolen three year's ago and Like you I also had only one key with me and I wrote a letter to insurance company saying the same and they accepted my letter and settled my claim without any hassle to me. | |
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![]() | #544 |
Senior - BHPian ![]() Join Date: Dec 2007 Location: Kannur
Posts: 4,085
Thanked: 8,936 Times
| ![]() Yesterday my 2 months old Spark was hit by a Tata Ace at rear right corner damaging the body and rear bumper. I am planning to go for a repair at dealer's repair shop and claim insurance. I read about NCB and am in a confused state. Whether to claim insurance or pay from my pocket? To decide that I need to know what is the % insurance premium NCB is? for example repair cost is 5K, should I pay from my pocket or claim insurance? If it is 8K what to do? Please help |
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![]() | #545 | |
BHPian Join Date: Aug 2008 Location: Bangalore
Posts: 618
Thanked: 40 Times
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Regarding NCB you will loose 20% so for spark roughly you will be at a loss between 2.5 to 3.5K depending on the insurance company Also you need to shell out 500/1K bucks i guess as a compulsory deduction If they change the bumper you stand to loose 50% as plastic parts are covered 50%. Again depending upon insurance company. You can opt for bumper painting rather than replacement as dealer always want replacement Check all combination and see which one is better If repair cost is roughly more than 10K better to go for claiming insurance but check what they quote without insurance to decide Last edited by aka_iitd : 29th October 2009 at 16:25. | |
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![]() | #546 | |
Senior - BHPian ![]() Join Date: Jan 2008 Location: Mumbai
Posts: 1,220
Thanked: 156 Times
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1. IDV Rs 209,109.6 (which is 20% less than last year's IDV). Should it not be 10% less than previous year? (The car turns 5 year old this year). I am willing to pay a higher premium, but do not wish to take that much hit on the IDV. However, my insurance agent says this is as per IRDA norms. Could someone please clarify? 2. The add-ons sheet is attached. Whatever benefits that I had mentioned in my earlier post have been given in writing. | |
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![]() | #547 | |
BHPian Join Date: Aug 2008 Location: Bangalore
Posts: 618
Thanked: 40 Times
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IDV does not matter if you are trying to sell your car. It may matter then you claim for total loss ie in case of theft/scrap state Rupeshji/other members can throw more light on this | |
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![]() | #548 | |
Senior - BHPian ![]() Join Date: Mar 2008 Location: Mumbai/Mulund
Posts: 1,658
Thanked: 55 Times
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That is important. You can go for 10% Dep. also. Ask your agent to give this in writing, I am sure that will not come, as it do not exist in the textbook of insurance. | |
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![]() | #549 | |
Senior - BHPian ![]() Join Date: Jan 2008 Location: Poona
Posts: 1,850
Thanked: 111 Times
Infractions: 0/2 (9) | ![]() Quote:
Its good they did not make an issue about the key. But lesser companies might choose to make an issue. Idea is not to give them excuses to defer payment... | |
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![]() | #550 | |
Senior - BHPian ![]() Join Date: Mar 2008 Location: Mumbai/Mulund
Posts: 1,658
Thanked: 55 Times
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Otherwise you will have to inform each insurance company about the key's if you change the insurer. | |
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![]() | #551 |
Senior - BHPian ![]() Join Date: Jan 2008 Location: Poona
Posts: 1,850
Thanked: 111 Times
Infractions: 0/2 (9) | ![]() ^^^ Cool, thanks for that info. Will make it a point to mention it there. |
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![]() | #552 |
BHPian Join Date: Apr 2008 Location: Hyderabad
Posts: 34
Thanked: 0 Times
| ![]() I have a 6 year old wagon R, Previous year premium was 3500. I have to renew my insurance on 12th november 09 and I have done no claim for the past 4 years. The new insurance premium I got is 3200 from the same bajaj allianz. I got damage on the front and back bonnet last week which needs denting and painting. Should I claim insurance on the current policy and then renew the policy after claiming insurance? Will the new insurance after claim be more than 3500? OR Should I first renew the insurance and then claim on the current insurance before 12th november or claim it on the new insurance after 12th november? The current IDV is 1,41,000 and the new IDV is 1,15,000 |
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![]() | #553 | |
Senior - BHPian ![]() Join Date: Mar 2008 Location: Mumbai/Mulund
Posts: 1,658
Thanked: 55 Times
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One what is the current % of NCB? I think it should be 35% current policy and 45% after renewal. If you don't claim. What would be the approx cost of the repairs if you do it through local or authorized showroom? | |
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![]() | #554 |
BHPian Join Date: Apr 2008 Location: Hyderabad
Posts: 34
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| ![]() Yes, the current one is 35% and the cost of repairs including 2 tail lamp setups, back door, back bumper, front bonet and front bumper is close to 15k without insurance claim. |
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![]() | #555 | |
Senior - BHPian ![]() Join Date: Mar 2008 Location: Mumbai/Mulund
Posts: 1,658
Thanked: 55 Times
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Claim after renewal. | |
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