You must ask as many questions as required so that you completely understand the factors that will be considered in deciding the premium and
also during claim settlements.
During car policy renewal, policyholders may opt for voluntary deduction — an amount that policyholders have to
pay during claim settlement.
This could prove costly to your family
during claim settlement as any concealment of information may lead to rejection of claim by the insurer.
If you believe that an insurance company is trying to lowball
you during the claims settlement process, do not enter into a settlement agreement.
During claim settlement, there are chances of rejection if the driver / rider turns out to be under the influence of alcohol or drugs or in case of breaking any law or even missing documents.
Many insurers create problems
during claim settlement to avoid paying.
To understand how to remedy this with a solution, here is a quick recap of what zero depreciation does for
you during claim settlement:
During claim settlement, the insurance company could outright reject a claim if it comes to light that key information provided is incorrect, or has been deliberately misstated or withheld by the policyholder — this would be tantamount to suppression of key facts.
24x7 interactive voice calling support executives, who can give you solutions whenever you need
them during claim settlement process.