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What Is Rule Of In The Case Of Unregistered Vehicle Insurance Claim?

Question by Girish Gupta | Posted in Insurance & Registration

i have one vehicle but it is not registered by RTO and this vehicle has been stolen..

Answer: Was it insured but not registered? If so, you should be fine. But if it was unregistered & uninsured, then you are out of luck.
 
 

Vehicle Insurance Claim Or Theft?

Question by H GIII | Posted in Insurance & Registration

Hi,
I brushed against a vehicle in a parking lot at a religious ceremony (misjudgment). I was pretty much in senses and regret doing that! Nevertheless, I called the person right away and gave all my insurance details. Now, the person called the insurance company and got the claim/ check for couple hundred bucks. He is not willing to get the vehicle fixed and instead, gobbled all that money which is getting from my pocket in form of extra premiums which the insurance is increasing every month!
Wondering if there is really a loopole in the system or something can be done?
G

Answer: There is no law stating that the persons car you damaged has to be repaired. The law states that the damage has to be paid for. Since it has, he has the right to decide what he wants to do with that money. Its his car. As far as your statement about the claim being paid out of your pocket - if it was a claim, it was paid by insurance - not your pocket. Your premiums cover the policy itself. Had you ran a red light and totaled someone elses car, the same policy would cover that. Yes most times you have a claim your premiums go up, which is good incentive to not make misjudgements. You or your insurance company owed for the damage and quite frankly whether they get the car fixed or not

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My Vehicle Insurance Claim, Motorbike A Write Off?

Question by Oli | Posted in Insurance & Registration

I have recently been involved in a crash (hit by another driver, accepted liability) so i take my bike for a repair quote and the guy has said he will do me a quote but its likely to be a write off. Will the insurance pay me out the lowly £250 i said my bike was worth which will not get me another suitable bike or will they get me a new bike?

Answer: They will pay out the market value of your bike the day before the accident but not more than £250.
They will not get a bike - they pay out money and you can spend it all on mars bars if you like - you need never buy another bike if you do not want to.

Remember as well that if the bike is written off the insurance policy ends there and then and if you are paying monthly they will deduct the outstanding months from the £250. If you do get a new bike then you will then have to start a new policy

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Motor Vehicle Insurance Claim Under Indian Law?

Question by Taknev | Posted in Insurance & Registration

My friend recently i.e., about 3 months, bought a TATA Indica 2005 model car second hand. He got the registration transfered into his his name but did not intimate the change of ownership to the Insurance company. Today the car that was kept under thached shed reduced to metal skeleton due to fire accident. My question is since the insurance policy as on today is still standing in the name of previous owner... will non-intimation of change of ownership affect my friends chance of claiming insurance? are there any decided case laws on this aspect? Pls. Help with advices.
hi dear Mr. unknown what you say is true only in case of third party liability not to own damages - in my friends

Answer: whoever holds the title of the car is the owner of the car. The insurance should be changed to the owner's name. Once a car is sold to another person insurance under the previous owner stops (even if they never tell their insurance company).

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Vehicle Insurance Claim?

Question by D | Posted in Insurance & Registration

An uninsured person ran a red light and hit my van that my husband and 2 kids were in. It has been considered totaled by the insurance company.Our uninsured motorist policy has kicked in and we were able to get a rental car 4 days after the wreck this past Monday and now they are saying that we have to turn it back in on Saturday because they have determined a value on my van. The value they have come back with is not near enough to replace what I had. Also I had a ring that had a loose setting so i had put it in the ashtray of the van until i could get it fixed a few days prior to the accident and it could not be found. My adjuster just told me we would have to file a claim with our homeowners

Answer: The insurance companies obligation to provide you a rental car ends when they make an offer on your total loss vehicle. They are allowing you to keep the car a few days beyond the offer- that's more than they are legally required to give you. They are within their rights to make an offer and then tell you to turn the rental car in that day by 5.

As far as your ring goes......I don't have to tell you how incredibly stupid it was to put something that valuable in the ash tray. I'm sure you've told yourself that a few times.

They are correct. You have to report that to your homeowners insurance policy and your deductible will apply.

Personal property

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Savings that can make you wanna dance, too. www.progessive.com

Great Guidelines To Getting Big Auto Insurance Discounts | Article ...

by anonymous

Get discounts on your insurance by increasing your deductible and maximum insurance coverage. Do not lower your insurance coverage in case you encounter a $500,000-damage car accident and you only have the $50,000 liability coverage, you will be shouldering the deficiency. Teenage drivers having better grades, good drivers, cars having low mileage, making EFT payments and attending defensive driving courses are a handful of the great ways to look for whenever receiving savings....

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