How can one apply for Claim for Commercial Vehicle Insurance?

Commercial vehicles are more prone to accidents, so it becomes essential for all commercial vehicles to have an insurance policy. The insurance policy proposes different safety from almost all the perils that can ruin your vehicle. After taking a commercial vehicle insurance policy, the insured transfers all the risks from him to the insurer. 

Process of Filing Claim for a Commercial Vehicle 

Inform the Insurer - The main aspect of the claim is to inform the insurer as soon as possible. All the insurance companies offer a certain time frame under which the insured has to inform about the event and ask for the Claim. If you are late to inform about the event, then you must have a valid reason that can be adapted by the insurer otherwise the claim will be rejected. 

Take Photos - There are some events in which taking snaps are not possible, but if it is possible then it is highly recommended to take some snaps. The snaps are useful at the time of the survey. 

Visit Nearest Garage - Take your vehicle to the garage and if possibly take it to the insurer's registered garage. In some of the terms, the insurer also offers assistance that provides assistance till the garage. 

File FIR - The insurer wants a copy of an FIR in some of the cases. For example, theft or third-party losses. Without an FIR copy your claim will not be passed, so remember to inform the police and take an FIR copy from them. 

Surveyor - An surveyor will survey the vehicle and make an estimation of damages, in this tenure the surveyor may ask for the documents of the vehicle and the owner. The documents required are RC, a copy of the policy, the License of the driver, FIR copy etc. 

Complete the Payment and take the Vehicle - Benefit of Commercial Vehicle Insurance will deduct the insurer value from the total bill. In the end, you have to pay only for the parts you have not insured under the policy.

To ensure the assurance of your vehicle properly one can invest his money in commercial vehicle insurance which will provide you with a long term saving in terms of time, money and quality of work. 

For More Information: -    https://sites.google.com/view/commercial-vehicle-/home

 

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