Quote:
Originally Posted by shreeps @Rupesh: First of all, A huge thanks to you for spending your valuable time in voluntarily helping out people with your gyaan about insurance, the companies and their practices. A small thought - how about a parked FAQ thread so that you dont face the same questions again and again (the thread has become pretty long and its getting difficult to search for exact needs since there are so many results) |
Thank you for those kind words. creating a FAQ I think moderator can help in this matter. At the same time I think this will be difficult task I don't know how they will do this?
As far as replying is concern "I am doing that yaar why you worry?" Quote:
Originally Posted by shreeps Rupesh and other experts:
I have a question: I am preparing to buy a new car from Maruti and the dealer is recommending Maruti Insurance (through their tie ups with Insurance Co.s) because of 2 reasons:
1. The cashless benefit is valid across all MASS across the country so even if the accident happens in a place other than the home city, I will not face any problems for claiming and cashless benefits.
2. The MASS supervisors who generally give the estimates have a good relationship with the insurance company valuation rep so there is less chance of the estimates being rejected or downgraded
Considering that the Insurance quote through Maruti insurance is Rs. 21k+ and the quote i got externally from Bajaj Allianz is Rs. 17k +, what would you all recommend as the best course of action?
Thanks in advance for your valuable advice. |
1. There is this misconception of Maruti cashless and other cashless, Maruti insurance staff always say if you don't take insurance from us we will not give cashless, this is a wrong information. If there is a tie-up of Bajaj to the garage, you will get cashless and it dose not matter if you have a Maruti insurance policy or a direct Bajaj policy.
Insurance company have there tie-ups in all India level so I don't think non-Maruti will have any problem.
2. I my self is a small insurance agent but till now non of my client's car claim had any problem till date. In today's world surveyor's can't take you for granted. If they disallow or reduce any expenses then people like me, forums like TBhp will always help people like you who are not an expert in this insurance business. Were as this Maruti insurance staff is fooling people by charging high premium.
With all the due respect to Maruti and their team let me tell you that small agent like me can have such a knowledge and you will see they don't have a knowledge. My anger to them is for lack of knowledge, lack of customer friendly nature. And there fooling approach is the sole reason for my Anger.
Lastly if I am there in place of you I will surely go for Bajaj with an intermediary who will give me good discount in the quotation and very good service at the time of claim. Ask Maruti if they can offer the insurance at 17K then you can go for them otherwise go to Bajaj.
Let me make one thing clear this is not my anger but this TRUTH. Quote:
Originally Posted by shreeps One more question: The Bajaj Aliianz site lists the following as exclusions. Are these industry standards or specific to BA?
. Consequential loss, depreciation, wear and tear, mechanical or electrical breakdown, failure or breakages
. Any damage to tyres and tubes unless the vehicle is also damaged at the same and the liability of the Insurer will be restricted to 50% of the cost of replacement
. If the private car is driven by a person who is under the influence of intoxicating liquor or drugs at the time of loss
. Driving without a Valid Driving Licence
. Using the vehicle for hire or reward, carriage of goods other than samples, racing and other racing related purposes and motor trade purposes
. Any accidents outside the geographical area |
These all are the standard deduction which you will find in all the companies motor insurance policies. Quote:
Originally Posted by RJK Hi rjvora,
I recently sold my '07 Sx4 but the deal didn't include insurance since the buyer was going to convert it to a cool cab; quite obviously my private insurance wouldn't work on it then. I was wondering if I could cancel the insurance and get any my money back for the remaining period i.e until September 2010 ? THanks. |
Yes you can!!!
You will get NCB letter which you can use for buying a new car. You need to submit the original insurance policy to insurance company along with a letter that you need a refund of premium. You will get premium refund of 8 to 9 months.
Last edited by rjvora_2000 : 14th January 2010 at 17:30.
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