What Is The Best Time To Claim Car Insurance?

Raising a claim for car insurance is a straightforward process but you might need to think twice before claiming it. This is because of the increase in the premium amount and the reduction in the chances of getting insurance later when you require it the most. Also, you will lose the no-claim bonus offer that most insurance companies provide these days.

If an accident occurs due to negligence or recklessness of the third party then it is better to raise four wheeler insurance because it will help you to avoid using your car insurance claim. Also, it is recommended that you consider the deductibles, depreciation, and other factors that can make you pay a hefty charge before raising a claim.

The process that you need to adhere to while claiming for car insurance is explained below:

A simple and hassle-free online claim process is offered by many insurers these days. You just have to connect with the support team and inform them about the accident or theft and get your vehicle surveyed by an authorized surveyor of the company.

After that, you can take your vehicle immediately to the garage recommended by the surveyor to get it inspected or repaired. You can also use the report provided by the surveyor to raise a third-party insurance claim. For losses or damage due to burglary or thefts, you need to attach an FIR copy along with other documents and expense proofs.

The key benefits that you will be eligible for after applying for four-wheeler insurance are listed below:

Cashless settlement

Many insurance policies come with the option of cashless claim settlement these days to provide maximum relief and convenience to the policyholder.

You can apply for a motor insurance cover that includes this facility to get cashless settlement of claims at selected hospitals that are listed in its network of hospitals.

Add-on benefits

Apart from a wide coverage against damages, this four-wheeler insurance policy provides key replacement cover, no-claim bonus, depreciation-free cover, and many other add-on benefits.

Per day allowance

A comprehensive car insurance policy might provide a daily allowance till your vehicle gets completely restored or repaired like before.

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