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Have you got your car insured yet? If not, then get car insurance super soon from a reputed insurance company. You can drive at peace when you have a car insurance plan that covers everything.
The policy gets you covered for expenses from incidents like accidents, theft, vandalism, etc. But keep in mind that you should get a car insurance plan only from a trustworthy and reputed car insurance brand. If you are not sure which insurance company to go for, you can definitely connect with IFFCO Tokio.
But do you know that buying motor insurance is not enough? Instead, check out the claim settlement score of the insurance company first. If it has a good settlement ratio and settles claims of policyholders conveniently, then you are doing it right.
Car insurance or motor insurance or auto insurance is a legal contract that can essentially protect you from any kind of financial distress during emergency situations related to your car like accidents, burglary, damage, etc.
In return, you just have to shell out a monthly or annual premium to your insurance company. You can buy add-ons to further increase benefits and features.
Buying an insurance plan for a car is not enough. You need to be well-versed with the claim registration process of the insurance company too. If you don’t adhere to the policy guidelines or don’t make your claim accordingly, you might lose insurance coverage. Car insurance companies are very strict about the process of claim registration. You should know about the same in detail.
This blog will guide you through the intricacies related to IFFCO Tokio car insurance claims.
IFFCO Tokio car insurance claim process for own damage claim is a bit different from third party damage claim registration. The insurance company offers ample coverage to the policyholder in case he/she has a comprehensive car insurance plan. If you wish to reap the advantage of the premium which you have been paying till now, make sure you read the below-given points.
If your car has been stolen, then you must immediately inform the insurance company. If they approve your claim, you will get an amount equal to the IDV of your four-wheeler. Know how to claim for IFFCO Tokio car insurance in a few easy steps!
Ans: In case you do not make any claim throughout the entire policy term, the insurance company will provide you with discounts on your next premium. This is also known as NCB or no claim bonus.
Ans: In case of a severe accident, your vehicle may turn into a complete wreck. It is impossible to retrieve back your car. In order to know more about the salvage and total loss clause, either refer to your policy paper or talk to our claim managers overcall.
Ans: IDV or Insured Declared Value is the total sum insured for your four-wheeler. The amount gets decided based on the selling price listed by the manufacturer. Further, the depreciation also affects the IDV of your vehicle.
Ans: Yes, if you don’t adhere to their terms and conditions. Rejection generally takes place if you have an expired policy, invalid driving license, delayed notification to the insurance company, and so on.