Hi Anup,
Sorry to know about your loss and YES, it must be repaired ASAP.
I think you will have to bear 50% of the cost of a plastic part. Secondly, there is a fixed charge of 1000 rupees, levied every time you stake a claim. So in your case it is not advisable to go for claiming insurance.
Posted by
kvsk.prasad
I just cannot understand the logic over here - Why take Insurance if you don't want to use it?
I hope that statement by me is quite strong and I apologies for the strength of the statement but guys, please help me understand one thing, why take it if not intending to use it?
I have seen a lot of threads with queries on should I claim it? But, if you are never going to claim, then why not just take a general insurance of 500 odd rupees and be happy?
Is the usage of the insurance meant only for major accidents? Sincerely no, because in most major accidents, if the vehicle is getting written off completely, then, it is most likely that the some / all occupants of the vehicle have grievious injuries / there is loss of life - then, of what value is this insurance when compared to the loss of life?
Trust me, the no claim bonus is in reality a trap by the insurance companies to which people fall trap to. It is rather better to get the maximum out of the insurance policy by claiming everything.
Valid Point there. One should not be reluctant to stake a claim if your vehicle meets with an accident. It is not a fault to stake a claim, that is more than the premium you have paid.
The only decision to be made is, "is it really worth it?"
Most important parameter is, how much will you shell out of your pocket? both when you lay claim and when you do not? one should keep in mind the charges you will pay for taking the claim (fixed charge per claim, depreciation charges, labor charges and last, but not the least, loss of NCB if any). If all these costs are same or very close to how much you will spend without the insurance, then do not stake a claim. If they are significantly lower then the total cost of reairs do not hesitate to claim.
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