![]() | #1096 | |
BHPian Join Date: Feb 2008 Location: Pune
Posts: 345
Thanked: 59 Times
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![]() | #1097 |
BHPian Join Date: Jan 2009 Location: Pune
Posts: 352
Thanked: Once
| ![]() Does it matter who is at fault for the claim/accident? I've always heard that if you are not at fault then you are not penalized but not sure how true that is. In many other countries if the other car/person is at fault you claim againt their insurance and that is why it is mandatory to have at least liability(3rd party) insurance. |
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![]() | #1098 | |
BHPian Join Date: Mar 2010 Location: Bangalore
Posts: 278
Thanked: 44 Times
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![]() | #1099 |
BHPian Join Date: Aug 2009 Location: US/India
Posts: 291
Thanked: 95 Times
| ![]() Hey Rupesh, I needed one info. I have booked Ritz Zxi on 22nd of this Month. I am expecting the vehicle by April 20th or at the most by April End. I wanted to get insurance from outside and did not opt for the one provided by the dealer. My query is should i start applying for insurance now it self or should i wait till the vehicle is dispatched? Approximately, how much does it take to get the insurance? Please let me know. |
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![]() | #1100 | ||
Senior - BHPian ![]() Join Date: Mar 2008 Location: Mumbai/Mulund
Posts: 1,658
Thanked: 55 Times
| ![]() I am Sorry for the delayed reply as I am little busy because of march end. Quote:
Insurance companies and Surveyors reply: - They say "then no one will go for OD policy every one will have a TP only policy and you will claim from others car insurance company and other will claim from your insurance company." If there are no witness to the accident then who will decide that whose fault it was? Irda and Insurance Ombudsman are working only in favor of customer so that is also affecting the profitability of insurance companies. My opinion: - There has to be a point based system which should be available to all insurance companies. Both the car driver should get one point when there are two car's involved in the case. Higher the points should be charged extra premium and lower the points should be given discounts in the premium. As far as OD claims are concern you have to take claims from your insurance companies only. As you have been paying premium for insurance and not for saving NCB. NCB is just a add on benefit to me and nothing else. (May be since I don't own a Mercedes now. ![]() Quote:
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![]() | #1101 |
BHPian Join Date: Aug 2009 Location: US/India
Posts: 291
Thanked: 95 Times
| ![]() Hey Rupesh, Thanks for the info. I searched through Policy bazaar and i got 4 quotes. IDV is 456000. 1. Reliance : Rs.11725 2. Bharthi Axa: Rs.13377 3. United India Assurance and IFFCO- TOKIO : Rs.14202 The quote i got from the dealer was also around 14K. Was offered Maruti Insurance by the dealer. So still thinking. Do you have any idea about Reliance? I am yet to check with bajaj Allianz. is there any where else i can look for? Please help. Last edited by naveenvenkatesh : 29th March 2010 at 12:52. |
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![]() | #1102 |
Senior - BHPian | ![]() I am going to renew my policy, existing is with ICICI When i see the quotes online from Bajaj and ICICI there is a small difference and would like to know more details Bajaj is giving PA cover for Owner-Driver for Rs 100 which ICICI is not giving. What is this PA cover for Owner-Driver? ICICI is also giving for Rs 25 something called as Legal Liability To Paid Driver, what is this for? ICICI is giving PA for unnamed passenger which Bajaj is not giving- is this not by default? |
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![]() | #1103 | ||
Senior - BHPian ![]() Join Date: Mar 2008 Location: Mumbai/Mulund
Posts: 1,658
Thanked: 55 Times
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2. If there is a claim of TP then insurance company will higher a lawyer and they will spend some amount in legal expenses, which you don't need to pay if you insure your car. 3. Please read Insurance FAQ. This is a optional cover. Change your insurance company as Icici/Reliance is known for non payment of claims. | ||
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![]() | #1104 | |
Senior - BHPian | ![]() Quote:
Bajaj is giving 3 by default while renewing online The service manager told me ICICI is also ok, as they have had less problems with claims, maybe its based on region? I have been skeptical of any ICICI Prods btw. | |
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![]() | #1105 | |
Senior - BHPian ![]() Join Date: Mar 2008 Location: Mumbai/Mulund
Posts: 1,658
Thanked: 55 Times
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If you can avoid Icici, nothing better like it. | |
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![]() | #1106 |
Senior - BHPian ![]() Join Date: Aug 2008 Location: Bangalore
Posts: 1,789
Thanked: 333 Times
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![]() | #1107 |
BHPian ![]() Join Date: Oct 2009 Location: Madras
Posts: 196
Thanked: 85 Times
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Other than the insurance, I think ICICI is one of the best in banking industry in India and their products match international standards. This I say out of my own experience. PS: I might get flood of posts on personal bad experiences - for eg credit card. I'm talking about the banking platform they provide. |
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![]() | #1108 | |
BHPian Join Date: Jun 2009 Location: Lucknow
Posts: 171
Thanked: 13 Times
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From all the experiences of people here with their insurance division,it's best avoided. | |
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![]() | #1109 | |
Senior - BHPian ![]() Join Date: Mar 2008 Location: Mumbai/Mulund
Posts: 1,658
Thanked: 55 Times
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They are the Best Avoided. | |
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![]() | #1110 | |
BHPian ![]() Join Date: Sep 2009 Location: Muvattupuzha, K
Posts: 305
Thanked: 186 Times
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I did the same and it worked. I have got a renewal quote with 45% NCB ![]() Thank You | |
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