The Indian Motor Tariff allows discount for installation of anti-theft devices in the insured vehicle. The relevant provision of the Motor Tariff says, "Vehicles (other than those covered under Motor Trade policies) fitted with anti-theft devices approved by Automobile Research … [Read more...] about How to get Discount in Car Insurance Premium for Anti-Theft Device?
Buying third party liability only policies is a difficult task, especially when both PSU and Private Insurers are not ready to accept new third party only policies. But now you can do that online with the help of easyinsuranceindia.com (an insurance broker). Conditions to be … [Read more...] about How to buy Third Party Car Insurance Online?
If you're having trouble with unwanted or malicious calls calling you for your car insurance renewal, there are several ways you can stop that - Don’t Give Personal Info to Caller 1- Don't reveal personal details such as your name or address 2- Take care not to give any … [Read more...] about How to Block Unsolicited Marketing Calls for Car Insurance Renewal?
Once the premium for a certain assured sum has been charged by an insurance firm under a policy, the same can't be reduced later when a claim is made, a consumer forum here has held. The New Delhi District Consumer Disputes Redressal Forum gave its order on a complaint against … [Read more...] about Claim : Insurer can't reduce Sum Assured after charging higher premium
If within 2 years of buying the product and services, you are not happy with the services of the insurance company and already lodge a complaint to Insurer and IRDA and if you do not get a satisfactory response from IRDA or Insurance company or Insurance Ombudsmen, you may … [Read more...] about How to file an Insurance Claim Complaint to Consumer Court?
If within 30 days of lodging the complaint with the IRDA, if you do not get a satisfactory response from IRDA or Insurance company and you may approach Insurance Ombudsmen. Important Points : Before filing complaint in Ombudsman 1- The Insurance Ombudsman will not accept your … [Read more...] about How to file a Complaint to Insurance Ombudsman?
If within 30 days of lodging the complaint with the insurance company, if you do not get a satisfactory response from insurance company then you may approach IRDA. Policyholder/Insured needs to send his/her complaints themselves or the claimants, otherwise the complaints will … [Read more...] about How to file a Complaint to IRDA for an Insurance Claim?
If Your Insurance Claim is Denied, you can file an appeal against the insurance company, here is the procedure how you can do that - Initial Steps 1- First get written claim denials letter from insurance company. 2- Check your policy documents, whether the claim was … [Read more...] about How to file an Appeal against Insurance Claim Denial?
How do I know if it is a total loss or partial loss? If the cost of repair is more than 75% of IDV it’s a total loss, else its partial loss. a. In case of total loss company will pay the IDV less the salvage value. b. In case of partial loss, company will pay the cost of … [Read more...] about Queries : Everything you want to know about Car Insurance Claim?
Total Loss In total loss, Insured can claim full insured value or IDV of his car. When the vehicle has suffered loss more than 75% of the insurers liability on repairs basis based on IDV of vehicle. In case the vehicle is Total Loss then the insured is paid the full IDV and he … [Read more...] about Claim : Total Loss/Constructive Total Loss/Cash Loss/CL – Net of Salvage