Rarely, insurance companies deny consumers’ requests for coverage under their auto insurance policies. Typically, this is carried out when an insurer believes that a customer’s claim is not genuine or valid. In this case, the insurance company would not cover the costs of the insured car’s repairs, therefore the owner would be responsible for paying them out of pocket. Of course, you would never want to find oneself in such a predicament.
Let’s get going with a quick tale.
Rahul is travelling to work in his brand-new vehicle this morning. When suddenly a car strikes him from behind, he is singing along to his favourite song. He quickly exits the vehicle to discover a sizable dent on the rear of his vehicle. Rahul immediately brought his car to a technician and had it fixed with his own money because the driver had no third-party insurance. He was at ease after the car was fixed since he was confident he would receive the money back from his comprehensive insurance. To his great dismay, the insurance company, however, refuses to submit the claim or pay back the money. Evidently, the policy contained a completely different rule – one that went against everything he had thought it said. His hopes were dashed, and his pockets are now severely dented.
Rahul should have read the documents carefully and with more diligence. Now, anyone might experience this. Therefore, we’ve listed seven situations when your insurance claim might be denied to help you avoid them:
- You may forget to transfer car insurance for old cars in your name when you purchase a used car. Keep in mind that the driver is covered by insurance, not the vehicle. Additionally, confirm that your auto insurance renewal payments are current.
- If you neglect to notify your insurer in advance, a claim for an uncovered (in the policy) LPG/CNG kit may be rejected.
- A claim can be cancelled if the motorist did not have a valid licence at the time of the collision. Additionally, if he had used any drugs or alcohol, the insurance provider would just reject the claim.
- If your automobile is hired as a private vehicle but is being used for business, you will not be given a claim for any damage.
- Insurance claims should be made as soon as possible and within a reasonable time frame. If you drag out the process needlessly, your claim can be denied.
- If your car was overloaded or parked in a no parking zone at the time of the accident, your claim will be denied.
- Your claim won’t be considered later if you don’t have your car checked out by the insurance company before any post-accident repairs are made to it (remember what happened with Rahul).
The aforementioned points should be kept in mind to prevent your claim from being denied. If you’re filing a third-party claim, a stolen car claim, or a damaged car claim, how to claim car insurance will also be different. The first step in each of these three situations is to notify the insurance provider right away.
Prior to choosing the finest insurance policy, a policyholder is required to compare all available options. Additionally, purchasing auto insurance online is a much quicker and simpler process. Additionally, you pay a lower premium. How to claim car insurance is also simple and streamlined. You can use the online vehicle insurance premium calculator to determine your premiums.
Additionally, you can use the add-ons to improve the advantages provided by your insurance. Whatever you choose, be sure to conduct thorough research before purchasing an insurance policy to enjoy all car insurance benefits, and if you do, be sure to properly document any hidden clause. Don’t be like Rahul. Instead, be wise.
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