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When to Abstain from Making Claims under Your Car Insurance Policy?

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anshi roy
When to Abstain from Making Claims under Your Car Insurance Policy?

Car insurance policy makes sure that you do not have to worry about the financial side in the event of an accident causing unforeseen damage to your vehicle. With a can insurance policy you will have a protection shield around you. In the event of any damage or repairing, all you will have to do is just inform your insurer and register a car insurance claim.

After that, the rest will be taken care of by the insurance company following a number of steps. But you must keep a number of facts in mind as to when to register a claim and when not to. In terms of filing  car insurance claim, you must make sure that you are not claiming under a number of circumstance such as the following:

  • When the damage is minor and you can repair it from your own pocket. Of course if you register a claim your car insurance provider will take care of the costs but you must also consider the aspect of No Claim Bonus (NCB). If you file claim for small damages, you will lose your accrued No Claim Bonus. So be careful in this aspect.
  • Do not file a claim if you do not know your coverage limits. Under such a circumstance, your car insurance claim is likely to be rejected by the insurance provider. 
  • Make sure that the damage you are claiming for is covered under your policy otherwise, in this case too, your car insurance claim will have to face rejection.
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anshi roy
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