Vital Reasons Your Car Insurance Claim May Get Rejected

The purpose of a car insurance is to protect you against damages both physical and financial in nature in case of a mishap. However, there may be incidences when the claim might get rejected due to mistakes at your end.

Here are some of the reasons why your car insurance policy might get rejected.

● Not having a proper driving license. In cases, where the license has expired, it belongs to another set of vehicles, it is fake, etc. may not get your insurance processed.

● In case of an accident when you are found to be under the influence of drugs/ alcohol. Driving under the influence of drugs/ alcohol or drunk driving is prohibited by the law and may lead to your car insurance claim being rejected.

● If you use a private vehicle for commercial purposes. For instance, if the vehicle is used as a passenger vehicle or as a public goods carrier instead of personal use. In such scenarios your claim might not be entertained.

● If your car insurance is under someone else’s name. In the case when you purchase a second-hand car and the insurance might be in the owner’s name from whom you bought the car.

● If you fail to inform the insurance provider about the accident/ mishap within a set timeframe which is between 48-72 hours you may get your car claim rejected.

● When you do not inform your insurance provider about installation of CNG/ LPG kit. As this requires additional premium to be paid it may lead to rejection of your claim.

Read More: Why Are Car Insurance Claims Rejected?

Comments

Quick Guide For Zero Depreciation In Car Insurance

Some parts of your car face wear-and-tear faster than the others and these parts are often referred to as depreciated parts. Once you file for an insurance claim, the insurance company deducts a value equal to the depreciated value of all such parts and does not settle your claim in full. The parts that are made up of rubber, plastic, fiber, etc. fall in this category. If you want to avoid this deduction from the final claim amount, you can avail of a zero depreciation car insurance cover. It is also known as nil depreciation cover as it nullifies the deduction from the claim amount due to the deprecated components of your vehicle. The benefits of a zero depreciation car insurance policy are stated below: Comes at a reasonable price If you have already purchased a comprehensive car insurance policy, you can avail of a zero depreciation car insurance cover at a nominal price. It is because it is an add-on insurance policy that only enhances your claim amount to reduce the part of ...

Necessary Information On Hospital Cash Insurance Plan

Medical treatments these days are a matter of the huge amount of money. And if you need quality treatment facility from the super-specialty hospitals and clinics you need a medical insurance plan for you and your family. If you are planning for the medical insurance plan with hospital cash cover , then be sure to consult with the best insurance plan provider. Let us discuss in details. Financial companies such as reputed NBFC Bajaj Finserv and other insurance companies have their own health insurance policies that range from smaller amounts of bigger amounts. All these medical policies fall under the pocket insurance policy scheme. It gives clients the facility to get benefits with minimum investments. The procedure is quick and does not require lengthy documentation. You can get a higher amount of money with such hospital cash insurance to continue medical treatments even for critical patients. Just make sure you read the policy details clearly before yo...

Stay Protected on the Road- Understanding the Importance of acko car insurance

Having a car insurance policy is essential for every car owner. It not only provides financial protection in case of any damage or loss but also ensures a safer driving experience. Acko is one of the leading car insurance providers in India, offering a wide range of insurance plans to suit the needs of all car owners. In this article, we will be discussing the importance of Acko car insurance in India and how it helps to stay protected on the road. We will also look at the various benefits and features of Acko car insurance policies that make them an ideal choice for car owners. Understanding the Importance of Acko new car insurance in India As the number of vehicles on Indian roads increases, so does the number of accidents and other related incidents. Traffic jams, road rage, and bad driving habits are some of the major causes of accidents. It is important for drivers to stay safe on the road, and to do so, they must have a car insurance policy. Acko new car insurance is one...

All Insurance News and Plans

Search This Blog