Have you purchased a new vehicle or intend to do so? Always have your four-wheeler insurance whenever you take your car for a ride. The law requires that you obtain third-party four-wheeler insurance. Although the law only requires third-party insurance, you can still buy comprehensive car insurance for your four-wheeler.
A third-party motor insurance policy covers damages to third parties caused by your vehicle. Comprehensive car insurance, on the other hand, pays for harm done to the vehicle, the owner, and any third parties. Make sure you are well aware of all the Bajaj Allianz car insurance policy details. *
Having said all of that, purchasing car insurance is insufficient to keep yourself safe. You must submit a claim to the insurance provider to be eligible for the payout. As a buyer, you must be aware that these details must be shared within reasonable time to the insurance company along with being aware of the car insurance claim process.
What’s The Typical Time Limit For Insurance Claims Regarding Accidents?
Most car insurance companies set a maximum period of seven days after the incident for filing a claim, usually within a few days of the occurrence. Some insurance companies require you to submit a claim within 48 to 72 hours following the occurrence.
That being said, there is no need to follow this deadline. Rather, it is the most appropriate time window that car insurance companies anticipate vehicle owners will submit a claim.
Early claim filing is advantageous to you. The insurance company can conduct a more thorough vehicle inspection and provide a fair claim amount when the damages are still recent. For instance, waiting a few days to file an insurance claim can worsen if your car is stolen or damaged by flooding.
Is Rejection Of A Claim Possible If A Claim Is Filed Late?
There is very little chance your insurance company will only accept your claim if you delay filing it because of an emergency.
Incidents like serious collisions or natural disasters might make it impossible for someone to file a car insurance claim immediately. Furthermore, the vehicle’s owner might be unable to file a car insurance claim immediately because he is preoccupied with his family and their safety at such times.
Insurance companies are aware of this. As a result, you can submit a claim for your car later. But make sure you have a good explanation for the wait. If you cannot file a claim immediately, notify the insurance company of the incident immediately.
There is no time restriction on when to submit a claim for car insurance. It is advisable to notify the insurer of the incident as soon as possible, even if there is a delay in filing a claim.
While there are comprehensive, standalone own-damage and third-party insurance plans, it is ideal to compare policies and choose the one that meets your needs. Ensure you always do the Bajaj Allianz car insurance renewal process on time.
* Standard T&C Apply
Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.