How to Raise A Car Insurance Claim for Own Damage Policy?

Published On Sep 17, 2021 10:00 AM By InsuranceDekho

An insured individual can raise a claim for own damage if their car is insured under a comprehensive car insurance plan. Read the article to know about the procedure to make a claim for the damages caused to your insured car.

A policyholder can raise a claim under a comprehensive car insurance plan in the event of third party liability and own damages sustained by the insured vehicle in an accident. A policyholder needs to inform their insurance company and submit all the required documents in order to proceed further with the own-damage car insurance claim process. A surveyor appointed by the insurance company is sent to the site of the accident in order to gauge the extent of losses or damages caused to the car. Once the report is submitted by the surveyor to the insurance company for approval, the insured would receive the compensation. The Policyholder is also given an option to opt between ‘reimbursement claim settlement’ and ‘cashless claim settlement’.

How to Make a Claim for Own Damage under Comprehensive Car Insurance Plan?

You can follow the below-mentioned steps to receive an insurance claim for the damages sustained by your insured car:

  • Inform the Insurance Provider

Intimate your insurance provider regarding the accident as soon as possible. The earlier you would inform them, the faster the claim settlement process would initiate. It is important to remember that one can make a claim towards the plan only within a specific time frame from the accident date. Any claim made a post that time period would be invalid. Therefore, at the time of buying the insurance plan, make sure to confirm the details either with your insurance company or read the policy document thoroughly.

  • Register an FIR

You are required to file for an FIR report at one of the nearest police stations as early as possible. It is crucial to file an accident report in order to claim a car insurance plan. If possible, try to file the FIR on the accident day itself or otherwise as soon as possible.

You may also like to read: No Claim Bonus in Car Insurance: Know More?

  • Analyze the Extent of Damage

After you have registered an FIR report and intimated your insurance provider, a surveyor appointed by the insurer analyzes the extent of damage caused to the insured vehicle in the accident. According to the final reports sent by the surveyor to the insurance company, the claims would get settled under the reimbursement claim settlement or cashless claim settlement, whichever has been opted by you. Moreover, you are advised not to tow the car on your own in order to avoid any consequential damage or loss to the car.

  • Claim Settlement

Once the final report has been submitted by the appointed surveyor, the cost of repair gets directly settled with the listed garage. However, in case of reimbursement claim settlement, you get compensated only after submitting the repair amount receipt to the insurance company.

It must be noted that while the insurer meets the major repair cost, you are still required to incur some portion of the overall cost.

At the End

Only under the comprehensive car insurance plan, one can raise their own damaged car insurance claims. It depends upon the policyholder if they want to go ahead with the reimbursement claim settlement process or cashless claim settlement process. Both these claim settlement processes come with their different set of advantages and can be used whenever any need arises.

Also Read:

Tips To Avail No Claim Bonus For A Car Insurance Policy  

Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.

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