Motor Insurance

10 FACTORS WHICH CAN AFFECT YOUR MOTOR INSURANCE CLAIM Buying a motor vehicle is one of the most essential parts of owning a car. It gives you a sense of safety while driving your vehicle. However, if your vehicle gets involved in a mishap, it can drain you emotionally and financially. In India, it is compulsory to have third party car insurance but normally, people buy a comprehensive insurance policy because damage to one’s own vehicle can also be a very expensive proposition and it is simply a practical thing to do while getting your vehicle insured every year. Most of us think that you can easily get claim if your vehicle is insured. However, in reality, it is not as simple how it looks like. As per IRDAI's new circulation on increased Personal Accident cover with respect to claims, insurance companies will confirm whether there was any fault from the owner-driver in relation to the accident. Therefore, it is important for the owner-driver to be careful while going out for a drive. Here are ten reasons why your insurance claims can get rejected: == Ideally, the insured should inform the insurance company within 48 hours to 72 hours after your car meets an accident. Failing this, your claim may be rejected. == The insurance claim will get rejected if you use your private vehicle as a commercial vehicle. Read more at http://starhealthdevarajan.com/news/624 for Insurance Related Services, U can always call 98401 77017 Devarajan https://www.facebook.com/myfamilyagent www.licdevarajan.com