How to Claim Motor Insurance for Vehicles Damaged in Cyclones?

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The testing occasions of COVID-19 turned extra regarding for India as a result of Cyclones Tauktae and Yaas. Each cyclones brought on huge destruction on the infrastructural and agricultural entrance. Many died, many turned homeless. Many are left with extra stress and monetary losses to bear as their autos are broken too. Car harm means an enormous monetary loss for the proprietor, however not once they have insurance coverage.

Motor insurance coverage coverage consumers ought to all the time take into account that pure disasters come underneath the Act of God. Retaining the identical in thoughts, complete motor insurance coverage is extremely beneficial in order that if a pure calamity happens and causes harm to the insured automobile, policyholders stay unaffected by the surprising monetary losses. Personal Injury (OD) part of the coverage additionally performs a major function because it helps with the settlement of claims in circumstances of the insured automobile being broken as a result of pure calamities like storms, flash floods, earthquakes, and landslides.

At any time when a pure calamity takes place and the motor insurance coverage policyholder finds their automobile or bike broken, the very first thing they need to do is accumulate photographic proof of the harm. A number of footage of the broken automobile ought to be taken earlier than reaching out to the insurance coverage firm on the toll-free quantity and registering the declare. Needed paperwork like photograph proof of the broken automobile, a replica of the driving license & registration certificates, and others together with a replica of the insurance coverage coverage are required from the policyholder’s finish.

Whether or not the policyholder has complete insurance coverage or personal harm insurance coverage, they will simply get their claims settled. Policyholders may name on particular helpline numbers which are obtainable for fast-track settlements. The Insurance coverage Regulatory and Improvement Authority of India (IRDAI) has additionally advised insurance coverage corporations to advertise digital communication for declare intimation and subsequent doc verification. So, the policyholder can submit all obligatory paperwork electronically with out dealing with any inconvenience.

As soon as the required paperwork of the insured automobile are submitted, a surveyor is appointed for bodily verification of the automobile on-spot. Motor insurance coverage policyholders are suggested to not transfer their broken automobile from the notified spot until the time the official inspection is accomplished. Furthermore, the broken automobile or bike shouldn’t be repaired earlier than reaching out to the insurer. The quantity to be paid by the insurer relies on the age of the automobile in addition to it’s Insurance coverage Declared Worth. Policyholders can simply verify the declare standing on the insurance coverage firm’s web site.

A motor declare can simply be settled, nevertheless, there are probabilities that it might get denied as nicely. So far as causes are involved, there are lots of. n It is very important remember that business use of the automobile or bike insured can also result in the rejection of claims. Injury to plastic elements and tyres within the absence of a zero-depreciation add-on can be one of many causes of declare rejection. Nonetheless, policyholders can all the time stop declare rejection by being trustworthy and on time.

Within the unsure occasions, we live proper now, each particular person must safeguard themselves, their family members, and belongings with insurance coverage. Well being and motor insurance coverage are the 2 prime areas of safety that one should give attention to by all means. Allow us to not overlook that irrespective of the challenges we face sooner or later, we’ll all the time be financially and emotionally secured with insurance coverage.

(By Ankit Agrawal, Co founder and CEO InsuranceDekho)

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