GUIDE FOR REGISTERING OF CAR INSURANCE CLAIMS ON IFFCO TOKIO GENERAL INSURANCE

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.

Why is it necessary to have car insurance?

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.

Claim registration with IFFCO Tokio?

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.

Claim registration Step by Step Guide of IFFCO Tokio car insurance

 

Damage caused to a third party:

• Click pictures and make videos of your vehicle and the third-party vehicle.
• Carefully note down the details of the third party whose car has got damaged like the policy details, contact details, etc.
• Get yourself the details of all the witnesses. Get the names and contact numbers.
• File a report at the police station nearest to the location.
• You must not delay intimating the insurance company. Generally, IFFCO Tokio offers a time frame of 24 - 48 hrs. You need to inform the company about the unfortunate event within this timeframe.

Own damage claim:

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.

• You have no option other than filing an FIR at the nearby police station.
• Do not forget to inform IFFCO Tokio about the incident.
• Remember that you just have 24 to 48 hours to inform them. Any delay beyond that may right away lead to the cancellation of your insurance claim.
• The insurance company will soon send a surveyor who will inspect the condition of your vehicle.
• You have to submit all the necessary documents such as registration certificate, FIR copy, policy copy, driving license copy, and so on.

Claim registration in case of theft:

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!

• You should inform the RTO about the car theft.
• Then you should visit the nearest police station and file an FIR about your stolen car.
• Meanwhile, you will have to inform the insurance company about the theft within 24 to 48 hours of the incident.

FAQs

 

Q1. I have read about no claim bonus in the policy paper. What does it mean?

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.

Q2. What are salvage and total loss, and how can it impact my car insurance plan?

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.

Q3. What do you mean by IDV of my car?

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.

Q4. Can they reject my insurance claim?

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.