How to Claim Car Insurance After an Accident in India?
The traffic concentration in India can be very high due to the sheer number of vehicles. While you may drive safely and ensure you follow traffic rules, there may be ineluctable mishaps. The action to raise a title for car indemnity after an accident has evolved over the years. technology and digitize of versatile transactions have made it easier to follow certain procedures. Read on to learn what steps you need to take after an accident in India .
Procedure For Making a Car Insurance Claim After Meeting an Accident:
Claiming car policy after an accident requires a careful understanding of the procedure of registering the claim with your indemnity company. Below is a bit-by-bit steer for making a car insurance claim :
1. Inform Your Insurance Company:
Make a call to your indemnity ship’s company to inform them about the accident and give detail information about the damages to your car. guarantee you do not withhold any information from your insurance company as it may be counterproductive while settling claims .
2. File an FIR with the Police:
Inform the patrol about the accident immediately and file a first Information Report ( FIR ), if required. FIR is required in case of larceny, road accidents or fire. You may not require an FIR if it is for minor dents and scratches. And you will require it when a third base party is involved in the accident .
3. Take Pictures:
Make sure you take enough pictures of the damage and the place of the accident. Ensure the photograph are clear and damages are visible so that the indemnity company will be able to examine the extent of physical damages and settle the call accordingly .
4. Submit Required Documents to the Insurer:
To process the claim, the insurance company requires certain documents such as a copy of the insurance policy, FIR, the owner-driver ’ s Driving Licence, a copy of the Registration Certificate of your car, etc. see you submit these documents and function with your insurance company for a hassle-free experience .
5. Get Your Car Repaired:
You can take your car to the garage to get it repair. Or, you can ask your policy company to get the car fixed. If the insurance company approves your claim, you will either be reimbursed or compensated for the loss accordingly. besides, read : constructive Total Loss
6. In The Case of Theft:
In subject your car is stolen, follow the process of informing your insurance ship’s company and file an FIR at the local police station. Submit documents such as the RC, your DL, FIR, etc. to the policy company. If the police are not able to trace the car within a reasonable meter frame, they will issue a non-traceable certificate. The insurance company will then settle the claim and pay the current market respect of your cable car .
Documents Required To Make a Car Insurance Claim:
One of the most important aspects while raising a claim on your car insurance is to submit the want documents. Below is the tilt of documents required while raising a car insurance claim :
- copy of your cable car indemnity policy .
- The First Information Report ( FIR ) from the patrol .
- copy of the driver ’ mho driving license .
- Duly filled and signed claim form .
- Original repair bill, cash receipts, etc .
- copy of your car ’ randomness Registration Certificate ( RC ) .
- medical receipts in font of physical injuries .
besides, read : 15 Car Insurance Secrets That Your Insurer Won ’ thyroxine Tell You
Additional Documents in Case of Reimbursement Claim:
In case you would like your car repaired with your money and then want to raise a claim to get a reimbursement, you will have to provide extra documents to the indemnity ship’s company. Below are the documents in case of reimbursement claim :
- original haunt bills or cash receipts .
- All other documents listed above this section .
What You Should Not Do After an Accident?
There are significant precautions that you need to exercise arsenic soon as you meet with an accident. There are actions that you should not be doing angstrom well. Learn what you should not do after an accident :
Do Not Run Away
manage with the situation alternatively of facing the consequences late. Running away will make you look fishy and the title summons becomes flush more unmanageable. Depending on the badness of the situation, you may have to meet legal consequences and end up losing a fortune of money. Stay calm and take a softer approach while dealing with people or the law .
Avoid Not Filing a Claim
Your car policy policy is designed to cover the fiscal liabilities arising out of damages to third parties and your car. not filing a claim within the stipulate time frame may lead to disapproval, causing a indent on your savings .
Deal With a Calm Mind
Do not get confrontational with the third gear party. Deal the position with the utmost worry and ensure a fat discussion with the third base party .
How To File a Car Insurance Claim?
You can make two different types of car indemnity claims which are own Damage and Third-party claims. here is the process on how to file a car insurance claim :
Own Damage Claim
In font you have comprehensive examination car policy which covers your own damages, you can raise a claim for the damages to your vehicle. Below is the summons to file a car policy claim if you have comprehensive examination policy :
- Step 1: Inform your insurance company about the accident and the extent of the damages to your vehicle .
- Step 2: File a First Information Report ( FIR ) at the local patrol place .
- Step 3: Submit required documents with the insurance company .
- Step 4: Get a surveyor to inspect your cable car and get the claim settled once your cable car is fixed .
besides, read : 6 Ways to Ensure a successful car insurance call
Third-Party Claim
In character a third party has caused damages or injuries to you or to your cable car by a third party vehicle, you can raise a claim for checkup expenses due to personal wound or property damage. There is no limit on the liability cover for injury or end, while the cover for damages to third party property is limited to Rs. 7.5 hundred thousand. The Motor Insurance Claims Tribunal will decide the recompense total after due process. however, in case your vehicle has caused damages to a third base party cable car, your insurance company will compensate for the loss, injury or end of the third party. Below is the process to file the third party claim in both scenarios :
- Step 1: Get the indemnity details of the third party car and inform the third party ’ second insurance caller about the accident .
- Step 2: Inform your indemnity company within the stipulate meter time period .
- Step 3: Inform the accident at the local patrol station and file an FIR. Ensure the FIR has all details of the vehicles involved in the accident .
- Step 4: The Motor Claims Tribunal will decide the compensation in sheath of a major accident.
besides, read : Car Insurance Glossary
Things To Remember:
hera are a few things to remember while raising a title on your car policy policy :
- Inform your indemnity company immediately without any delay. The time menstruation is normally within 24 hours of the incidental. In character of delay, there is a hypothesis of the claim being disapproved .
- Inform the police if required. In font required, ensure you get the FIR filed at the local anesthetic patrol station .
- Assess the situation and raise the right type of claim. If it is a minor dent and is negligible, you can avoid raising a claim and take advantage of the NCB .
- guarantee you enter correct details while submitting the claim shape. Avoid incorrect reach details or credentials which may impact your claim .
- Try and not make an on-the-spot settlement with the third base party to avoid unanticipated hassles .
- Do not get confrontational with the third party. Try and settle the publish amicably to avoid any unnecessary confusion .
- bide by the legal formalities in case of an accident and follow procedures of the law department .
- Make certain you get all the documents necessary to raise a claim .
- If you have the choice of a cashless claim adeptness, then get your car fixed at the net garage to take advantage of the cashless service .
besides, read : Vehicle Scrappage policy in India
Frequently Asked Questions About Car Insurance Claims:
Below are some of the common queries about car policy claims : relate Articles : What are the unlike types of car policy claims ? Your car insurance policy claims are chiefly of two types : cashless claims and reimbursement claims. While the early does not require you to pay from your pocket since the insurance company will settle the animate bill directly with the network garage, the latter is when you repair the car and raise a claim for the haunt bill and the insurance company will reimburse the repair circular. note : The indemnity company will review and then decide on the compensation based on the terms and conditions of your policy. What do you mean by ‘ Filing Car Insurance Claim ’ ?
Both Third-party and Comprehensive cable car policy policies help reduce your fiscal liabilities arising out of an accident. however, for the indemnity ship’s company to initiate the serve and pay for the losses, damages or injuries, you must inform the insurance company about the accident. The process of informing your insurance supplier is known as ‘ Filing Insurance Claim ’. What happens after you file the cable car indemnity title ?
After you inform your insurance company, they will begin the process of settling the claim by inaugural assigning a surveyor to inspect the damages. If the claim is within the stipulate norms of your policy, then the policy company will settle the title. When does the policy company reject the cable car insurance claim ?
Below are some of the common reasons your policy ship’s company will reject the claim : – > Found driving without a valid drive license. – > Found driving under the influence of alcohol or intoxicate substances. – > Understand the exclusions of your car insurance policy.- > Inactive policy. – > not informing the indemnity company about the accident within the stipulate time. – > If damages were due to your carelessness. – > In case you are driving a second-hand cable car, the insurance is silent under the former owner ’ mho name. – > If the cable car is used for illegal purposes. – > If you have repaired the car without informing your insurance party. – > Incorrect information provided in the claim form. besides, if the repair bill is more than the depreciation cost of the car, you will be compensated an sum equal to the depreciation value. What are the important factors for choosing the best car policy company ?
To choose an ideal car insurance ship’s company, the most authoritative factors that you need to be mindful of are : – > Financial stability of the insurance company.
– > Claim settlement ratio. – > After-sales services .