What Does Car Insurance Not Cover?
Aditya purchased a Honda City car one class back and besides invested in a suitable car indemnity to go with it. however, the car suffered some damages owing to a minor road accident when his wife, Shalini, was driving .
amazingly adequate, when Aditya went to make a claim for the repair charges, the insurance company informed him that his car insurance does not cover damages caused when person else is driving the car. This contribution of the policy was unknown to him and Aditya had to shell out the entire repair cost from his own pocket.
Reading: What Does Car Insurance Not Cover?
This example brings into light an significant aspect of cable car indemnity, the slippery areas which your insurance company would typically leave out from their coverage and common exclusions in car insurance. Buying a car comes with its share of extra responsibilities and expenses .
Protecting your big-ticket leverage is one of your priorities and it is evenly crucial that you gain more penetration into the intricacies of the policy you are buying .
List of a Few Things that Aren’t Covered In Car Insurance
Your Car Insurance Doesn’t Cover Damages Caused Due To Natural Calamities
Although your cable car policy covers collisions and accidents, if any damage occurs to your car due to a natural calamity, like an earthquake, tornedo or damage from floods, you will not be eligible to receive any recompense for it. typically, indemnity companies place natural catastrophe like floods, earthquakes under the ‘ Acts of God ’ clause which fall under permanent wave exclusions in car policy. Do read the terms and conditions to see if this area of natural disasters is covered by your policy supplier .
Your Personal Belongings
In casing your car is vandalized or broken, your insurance company will pay for the damages caused to your car, but it will not pay for any larceny or damage caused to your personal belongings kept in the cable car, like your laptop, earphone or other valuables .
To keep your belongings safe, make sure you keep them tucked out of sight. If you have home indemnity, then the loss of your earphone or laptop will be covered under it. besides, your car accessories, like the music system, navigation system, television ’ south, custom seats, etc. do not fall under the policy coverage .
Read More : What Does Your car insurance Covers ?
In Case of Theft, Make Sure You File a Police Complaint
Despite cable car policy largely covering larceny of cars, you must make sure that you file a patrol report when your car is stolen, to seek adequate compensation. besides, in case your car was stolen owing to your own carelessness, like leaving your key in the cable car, not locking your car securely or entrusting other people with it, your call might be rejected by your insurance company on the grounds of negligence. so exercise extreme caution with the condom and maintenance of your car to avoid incidental exclusions in your car indemnity.
Usage of Your Car for Business Purposes
Your insurance company will not provide coverage for the commercial use of your fomite and price caused to it when used for business purposes. If your car is being used to transport anything relate to your business and it faces a collision, you can not make a claim, unless your policy covers commercial vehicles. This area is known as ‘ Business Use ’ coverage and is normally not covered in cable car insurance for individuals .
No Coverage When You are Using Someone Else’s Car and Vice-Versa
As explained in the example in this article, if you are driving person else ’ sulfur cable car or the car is rented, and it meets with a collision or accident, the claim for the damages will be rejected. The insurance company will merely pay for claims that have been made for the car registered under the policy holder ’ sulfur name. similarly, if your spouse drives your car and meets with an accident, the insurance company will reject the claim on the lapp grounds .
It is always advisable that you are well aware of the nitty-gritties associated with the insurance. There might be crafty exceptions in car indemnity that do not meet the eye initially .
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