How to Make Car Insurance Claims?

Get Car Insurance starting at only ₹2,094/year #
Processing

With a new car comes a package of added expenses. Its maintenance and operating cost are part and parcel of these expenses. However, sometimes an unfortunate incident may occur that may damage your vehicle. The best way to deal with such unforeseen circumstances is by getting cheap car insurance offering a good cover. Getting a cheap auto insurance policy will relieve you from making bulky losses in case of any unexpected incident. Check out the procedure for car insurance claims in India.

Read more

  • Renew policy in 2 minutes*

  • 20+ Insurers to choose

  • 51 Lakh+ Vehicles Insured

#TP price for less than 1000 CC cars. All savings are provided by insurers as per IRDAI approved insurance plan. Standard T&C apply.

Get Car Insurance starting at only ₹2,094/year #
Looking for Car Insurance?
    Other models
    Other variants
    Select your variant
    View all variants
      Full Name
      Email
      Mobile No.
      View Prices
      Please wait..
      By clicking on “View Prices”, you agree to our Privacy Policy & Terms of Use
      Get Updates on WhatsApp
      Select Make
      Select Model
      Fuel Type
      Select variant
      Registration year
      Registration month
      Save & update
      Please wait..
      Search with another car number?

      We have found best plans for you!! Our advisor will get in touch with you soon.

      • Call your insurance representative or the company as soon as possible even if you are away from home or even if someone else caused the accident.
      • Take guidance from your representative or insurance provider on how to proceed and what forms or documents will be required to support your claim.
      • Your insurance company may require a "proof of loss" form as well as documents relating to your claim (such as medical and car repair bills and a copy of the police report). Supply all the information your insurer requires to process your claim.
      • Keep records of all your expenses as a result of the accident which may be reimbursed under your policy.
      • Keep copies of your paperwork intact. You may need it for reference later.

      At the scene of the accident, you should stop and get help for the injured. Call the police and notify the nearest medical unit. Provide police with the information they require. Take steps to protect your car from further damage. Your Insurance Company will probably want to have someone inspect it and appraise the damage before you order the repair work done.

      Claim is a legal statement to obtain money or the enforcement of a right against another party. The legal document which carries a claim is called a Statement of Claim. It can be any communication often expressed in amount of money the party should pay or reimburse.

      There are several issues of significance when filing a statement of claim. Although filing a claim is fairly straightforward, it is important to do it properly or else the claim can become null and void.

      Following may be the circumstances one should check if the car insurance claim is to be made:

      1. Voluntary Excess

      Generally we know that higher the excess, lower is the premium required to be paid. Voluntary Excess is certain amount of money an insured opt to bear in case of an accident and the rest is insured under the policy. At times the cost of damage caused in an accident is low and is even less than the excess amount you have volunteered to pay. In such cases, it is not advisable to claim as it is equivalent to the excess amount the insured anyways has to pay. But if the damage is big and the cost to repair is huge, then you should definitely file the claim.

      2. No Claim Bonus

      Generally, all the insurance companies offer a no claim bonus to the policy holders who have not made any claim on there last policy. However, the bonus amount varies from company to company. It is great if you have no accidents and you naturally have a claim free year. But on the other hand, in case of an accident, you can still save on your no claim bonus. Let us take an example to explain this.

      Suppose that you have opted to pay a voluntary excess of Rs.4000 and in case of an accident the bills are within the range of the deductible amount. In this context calculate the discount you are eligible to receive if you hold a claim free year.

      Suppose, you are applicable to a discount of 10% which is Rs.6000/-. It is clear that the discount exceeds the deductible amount you need to pay.  In such cases it is advisable to pay the bills out of your own pocket and maintain a claim free year to avail the discounts in future renewals. However if the repair cost is high, you should file the claim.

      3. Damage Caused

      Before repairing the damage privately, confirm the costs involved and that it is covered by insurance. Once you are aware about the costs involved and the coverage, decide if the claim is required. If the damage is big and can cost you huge sum then go ahead and file the claim. However, if the cost is nominal and affordable to your pocket avoid claiming. This will save you some discount on the premium at renewal. Get in touch with our customer service if you have queries or if you need any further assistance.

      Find similar car insurance quotes by body type

      Hatchback Sedan SUV MUV
      Search
      Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
       Why buy from policybazaar

      Car insurance articles

      Recent Articles
      Popular Articles
      Does Your Car Insurance Cover Damages By Rat Attack?

      29 Nov 2023

      Considering the population of rats in our country, it is common to
      Read more
      All You Need to Know About Standalone OD Insurance

      29 Sep 2023

      The concept of Own Damage(OD) is not a new one. For those of us
      Read more
      Your Guide to Reducing the Chances of a Rejected Motor Insurance claim

      29 Sep 2023

      Filing a motor insurance claim can be a complex process, and
      Read more
      Top things to keep in mind when Renewing Car Insurance

      29 Sep 2023

      To continue receiving coverage benefits, it's necessary to renew
      Read more
      Importance and Benefits of Comprehensive Car Insurance Policy

      20 Sep 2023

      Having third-party car insurance is mandatory as per the motor
      Read more
      Check Vehicle/Car Insurance Status Online on Parivahan Sewa, Vahan, IIB & RTO
      It doesn’t matter if you are an excellent driver or take your car out only once in a few months, your car must be
      Read more
      How to Find Car Insurance Details by Registration Number?
      As a car owner, it is mandatory to have a car insurance policy under the Motor Vehicles Act, 1988. Sometimes, you
      Read more
      Getting Your Duplicate Car Insurance Policy is Easy-Here’s How!
      Losing your car insurance documents can be daunting. In such a state of affairs, the first thing that comes to your
      Read more
      How to Transfer Car Insurance Policy?
      An integral part of selling a car for both the buyer and the seller is ensuring a successful car insurance transfer
      Read more
      Comprehensive Insurance Vs Third Party Insurance
      A comprehensive car insurance policy offers protection against third-party liabilities and own damages sustained by
      Read more

      top
      View Plans
      Close
      Download the Policybazaar app
      to manage all your insurance needs.
      INSTALL