![]() | #751 |
Senior - BHPian ![]() | ![]() Can any one guide me how to claim the insurance. I had a bad dent in the door as well as a hole in the C pillar metal plate. Now I have to process so any one can say what should I do tomorrow in MASS. |
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![]() | #752 | ||
Senior - BHPian ![]() | ![]() Quote:
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Done. ![]() | ||
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![]() | #753 | ||
Senior - BHPian ![]() Join Date: Mar 2008 Location: Mumbai/Mulund
Posts: 1,658
Thanked: 54 Times
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Bike insurance is no bargain business, some company make a lording in the premium and some don't. Quote:
Claiming insurance is a simple thing go to that garage who is offering cash less, show them your policy and the damages, they will give you quotation for the repair and the estimate of the total payment which you have to make to them. | ||
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![]() | #754 |
Senior - BHPian ![]() | ![]() Hi Mjothi, Thanks for the concern. In fact though I knew I have to tell the insurance company in a panic I missed that to put here. Of course it is Maruti insurance with New India says cashless. Any how I put up the details here in the evening. After you all are here so I am bit relaxed and it happens in the city life. |
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![]() | #755 |
Senior - BHPian ![]() | ![]() Hi Jothi and Voraji, Thanks for your support. Iam proud of our BHPians giving moral support to the needy members. Now the issue is that the MSM seesm have tie up with Royal Sundaram and the Bajaj or ICICI. Where as though mine is also Maruti insurance It is with New India. I talked to the call center regarding cashless claim. They told to take to MSM and if there are any issues arise they tols me to contact again. |
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![]() | #756 |
BHPian Join Date: Oct 2008 Location: New Delhi
Posts: 42
Thanked: 0 Times
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Okay but if i claim my insurance all I'll have to pay is 1K (50% of plastic part, which is 2k) if am not wrong coz paint and labour will be free right? Compared to this saving of 4K what will i loose by claiming insurance? Will they ask me for more money than 4K? If the answer is negative then whats the harm if i claim it? |
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![]() | #757 | |
Senior - BHPian ![]() | ![]() Quote:
You can work out the combinations yourself and decide what is your best option Your No Claom Bonus will be as follows (The below one may not be the exact table, but you can use it as an example. Check your policy for the exact NCB applicable or look up athe the No Claim Bonus thread we have in TBHP) On completion of year : No Claim Bonus Discount 1 : 20% 2 : 25% 3 : 35% 4 : 45% 5 : 50% If you make a claim next year your premium loading will be inverse of above. Allow for 15% depreciation on your New value of the vehicle, then calculate your premium and waht you will pay up by way of loading. See which is better and decide. No one can give you precise advise on this, but only general. You said your estimate is 5 k. Now you say the part is only 2 K. Is the 3 K for painting one part? Anyway you can use the above as a thumb rule and try and work the relative saving or otherwise on your own. In the olden days it did matter to build up a clean driving history with your insurance company by avoiding claiming for minor claims. Not any more I suppose. All the best mate and once again its up to you to make the final call. Best Regards & Drive/Ride Safe Ram Last edited by r_nairtvm : 23rd December 2009 at 15:30. | |
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![]() | #758 |
Senior - BHPian ![]() Join Date: Jan 2008 Location: Poona
Posts: 1,850
Thanked: 112 Times
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I'll just keep away from Bharati AXA then. But why stay away from all pvt. companies?? I'v heard bad stories of nationalized insurance companies too... along with bad service. I'll most likely go with Bajaj A. Their quote is the lowest. |
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![]() | #759 | ||
Senior - BHPian ![]() Join Date: Mar 2008 Location: Mumbai/Mulund
Posts: 1,658
Thanked: 54 Times
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You will loose 20% of the premium which you can get via NCB, if you don't claim. Quote:
![]() There is 0% loading in motor insurance even if you claim. You might not get the discount in the premium if your claim amount is too high but there can not be loading in premium. | ||
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![]() | #760 |
Senior - BHPian ![]() Join Date: Jan 2008 Location: Poona
Posts: 1,850
Thanked: 112 Times
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![]() | #761 |
Senior - BHPian ![]() Join Date: Mar 2008 Location: Mumbai/Mulund
Posts: 1,658
Thanked: 54 Times
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![]() | #762 |
BHPian ![]() Join Date: Sep 2009 Location: Mumbai
Posts: 132
Thanked: 2 Times
| ![]() Just want to know in case of any accident, if the third party ask for a claim, how does it get solved. Do we pay for it or the insurance. Both parties say its not our mistake and other party is responsible for the accident? What happens in such cases? The case is already in the court. |
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![]() | #763 | |
Senior - BHPian ![]() Join Date: Mar 2008 Location: Mumbai/Mulund
Posts: 1,658
Thanked: 54 Times
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Please share details... | |
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![]() | #764 |
Senior - BHPian ![]() Join Date: Mar 2008 Location: Mumbai/Mulund
Posts: 1,658
Thanked: 54 Times
| ![]() Just figures Highest view (21629+) to this thread under Indian insurance and loans Highest replies (700+) to this thread under Indian insurance and loans Highest no. of pages (47+) to this thread under Indian insurance and loans Highest rating (5 Star) to this thread under Indian insurance and loans Thank you to all Team bhpians for the support and the feedback given by you guy’s. ![]() |
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![]() | #765 |
BHPian ![]() Join Date: Sep 2009 Location: Mumbai
Posts: 132
Thanked: 2 Times
| ![]() I had met with an accident last year. The same was discussed in another thread. The case was pursued by police after a year. I went to the concerend police station and got my self bailed out. In a nutshell: A bike was hit by my car. I took the lady to the hospital give her some money and went from there. There were no major injury. Also it was bikers fault. May be after I had left they made a police complaint. Now police is pursuing this case after one year. What I want to know is the lady who was injured is now asking for compensation for a huge amount approx. one and half lacs through legal process. My question is what do I have to do in such case. It was not my fault. I have to consult a lawyer also but just a question. What ever compensation court decides who pays me or the insurance company. Last edited by aryashiv1 : 23rd December 2009 at 17:25. |
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