Experience teaches you more than what you can get from any book (or blog post) and recently after my bike and a speeding Skoda decided to get a bit cosy, leaving my bike with a bent forks and split fender I was forced to claim insurance and get the damn thing fixed.
So this post is for those who want to know what happens and how it happens when you claim insurance.
First off have a good look at your vehicle and estimate what parts are completely screwed. In some cases you can decide and in others you cannot so just get a rough estimate.
Second go to the vendor from where you got the vehicle only those guys will fix your vehicle well the rest will screw it up even further. In my case i went to Kiviraj bajaj and they spoilt my bike all the more ( My bike came from Kalyani Bajaj).
Once you go to the vendor, inform him that you want to do an Insurance claim and ask him to tell you the rough estimates of how much it is going to cost. The moment you say you will claim insurance, the folks will tell you all kinds of things that are wrong with you vehicle. Since, you have done an estimate yourself you can judge if they are bluffing. In case of bikes, they will always say that the fork is bent and the handlebar is twisted ....so be careful.
Next thing that you need to do is ask for the claim form and fill it up. Call your insurance folks and register the claim. The claim form will ask you for details like accident time, place vehicle make and other details which you should provide correctly.Submit all this with copies of your license, RC book and copy of premium paid details.
Forget your vehicle for a few days from then. It can be from 1 week in case of two wheelers to 2-3 weeks in case of four wheelers based on how much damage is done to your vehicle. The insurance company will call you up a couple of times to know in which garage is the vehicle etc. They will do a survey and then give the OK for the repairs to be done. Once the vehicle is ready you will have to pay up the bill and get your vehicle.
Then begins the wait for the SMS saying that the cheque for the insurance claim has been processed. This cheque should reach you in a few days.
Usually, if the vehicle repair bill is about X don't expect to get more than 2/3 of X as insurance claim since a lot of parts will undergo depreciation and hence they are not considered for 100% reimbursements. Also depending on the age of the vehicle the insurance amount reimbursed will be lower.
While i wish that you never run into a situation where you would have to claim the insurance, I hope this blog post helps you in case you have to claim it.
So this post is for those who want to know what happens and how it happens when you claim insurance.
First off have a good look at your vehicle and estimate what parts are completely screwed. In some cases you can decide and in others you cannot so just get a rough estimate.
Second go to the vendor from where you got the vehicle only those guys will fix your vehicle well the rest will screw it up even further. In my case i went to Kiviraj bajaj and they spoilt my bike all the more ( My bike came from Kalyani Bajaj).
Once you go to the vendor, inform him that you want to do an Insurance claim and ask him to tell you the rough estimates of how much it is going to cost. The moment you say you will claim insurance, the folks will tell you all kinds of things that are wrong with you vehicle. Since, you have done an estimate yourself you can judge if they are bluffing. In case of bikes, they will always say that the fork is bent and the handlebar is twisted ....so be careful.
Next thing that you need to do is ask for the claim form and fill it up. Call your insurance folks and register the claim. The claim form will ask you for details like accident time, place vehicle make and other details which you should provide correctly.Submit all this with copies of your license, RC book and copy of premium paid details.
Forget your vehicle for a few days from then. It can be from 1 week in case of two wheelers to 2-3 weeks in case of four wheelers based on how much damage is done to your vehicle. The insurance company will call you up a couple of times to know in which garage is the vehicle etc. They will do a survey and then give the OK for the repairs to be done. Once the vehicle is ready you will have to pay up the bill and get your vehicle.
Then begins the wait for the SMS saying that the cheque for the insurance claim has been processed. This cheque should reach you in a few days.
Usually, if the vehicle repair bill is about X don't expect to get more than 2/3 of X as insurance claim since a lot of parts will undergo depreciation and hence they are not considered for 100% reimbursements. Also depending on the age of the vehicle the insurance amount reimbursed will be lower.
While i wish that you never run into a situation where you would have to claim the insurance, I hope this blog post helps you in case you have to claim it.
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