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cash loss option

#1 05-Sep, 2018 01:07 PM
Gaurav
New Arrival
Joined Date: 05 Sep 2018
Location: Belgaum
Posts: 1
Likes: 0

Dear sir/ma'am

my elite i 20 have mate with an accident and its repair value is going approx 430000 which is upto 80% of idv but when i made cheks with other repair shops its not going beyond 1.8 lakh so i asked insurence providers to settle it to cash loss as they are providing 2.2 lakh but i have loan on my car so does the insurence company will transfer  the payment to the bank or hand it over to me 

please assist



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