covers your car against risks like theft, accident, explosion etc.
Every driver in India understands that at any time when they are on the road there is the chance that they could get involved in an accident. This is just the way that the roads are. And this is the reason why all drivers should have a comprehensive car insurance Policy for their cars and for themselves. But, having the insurance is not a guarantee that you are going to be paid in case of any incidences or accidents. The chances that you are going to be paid are going to increase if you follow the protocols that have been put in place for incidents like these and if you fulfill the conditions that you signed on when you took the insurance cover.
This is not enough because there are some other things that are going to come into play in the determination of whether you get to benefit from your insurance policy or get a cashless Claim on the car. These are the same factors that are going to come into play to determine whether you get paid and if you do, how much you are going to get. You have to keep in mind that this applies only to the cases that do not involve cashless claims.
Firstly, how much you are going to get would be determined by the amount that you agreed on with the company when you apply for the cover. Different companies offer different payoffs and the higher the amount you pay on your car insurance policy as premium, the higher the money that you stand to get in legitimate Accident cases.
The second thing that will play a huge role in the determination of how much you stand to get is the cause of the accident. In most of the insurance cases, you have to prove that you are not the one responsible for the accident or that it was unavoidable. There are insurance companies that will not accept to pay anything if they think that you are the cause of the accident or you played a part in making the accident happen.
The third thing is the extent of the damage. There are companies that will find it cheaper to repair the car for you than to give you money. This happens a lot in cashless claim cases. This may be because they already have the ability to repair the car for you at a rate that they are going to be able to pay and that is lower than the amount you would be claiming from them.
In any case, the best car insurance companies will do all they can to make sure that you get your right as their customer. If the cause of the accident is entirely not your fault, then you may get the whole amount that you agreed on when signing the papers. But if you are to blame for the accident, the best thing to do is to deny and hope that they believe you!