As a two-wheeler owner, it is compulsory to have insurance cover for your vehicle. It not only ensures legal compliance but also protects against any repairs for your scooter or bike. In the event of an unfortunate accident, the repair costs can be steep. Using a two-wheeler insurance policy, these repairs for your scooter can be compensated for. This type of coverage is available under comprehensive scooter insurance.
In addition to the repairs for your scooter, scooter insurance also helps to pay for any liabilities that may arise. An accident or collision injuring a third person or even resulting in damage to their property can be compensated for using the third-party insurance cover.
To know how to raise a claim, this article provides a one-stop guide for scooter or bike insurance
As discussed above, scooter insurance claims can be raised either for the repairs to your vehicle or injuries or damages to a third person. Here are the different situations and how you can raise a claim for them:
Scooter Insurance Process For Third-Party Claims
A third-party claim is raised when either an injury or damage to a third person is sustained.
* Standard T&C Apply
- Filing an FIR is the first step when it comes to third-party claims.
- Next, inform the insurance company of such an accident.
- Once you have informed the insurer, fill out the claim form and submit the necessary documents along with a copy of the FIR.
- The Motor Accident Claims Tribunal will decide upon the compensation that must be paid to the aggrieved third person.
- Property damages up to ₹7.5 lakhs are covered by a third-party insurance cover whereas the amount of compensation for injuries is decided by the tribunal. In both cases, your insurance policy will compensate for these liabilities.
Scooter Insurance Claim Process For Own Damages
It is not always a third person who will sustain damages and injuries during a collision or an accident. Even your scooter will require repairs. Hence, a comprehensive insurance policy is what will help you reimburse for these damages to your scooter. Here’s how you can claim it:
* Standard T&C Apply
- Damages to your scooter are covered under a comprehensive policy or a standalone own damage cover.
- First, you need to inform your insurance company of the damages sustained by your vehicle.
- If you have a cashless insurance cover, the insurer will send a surveyor to assess the extent of the damage. Alternatively, you can also click pictures and videos and submit them to the insurer.
- Once the evidence for damage is collected, the vehicle can be taken to a service garage. For reimbursement claims, this service garage can be any of your choices, while for cashless claims, it must be a network garage only.
- Next, you need to fill out and submit the insurance company’s claim form.
- Now depending on the type of insurance claim, i.e. cashless or reimbursement, the next steps will differ.
- For cashless claims, all repairs are carried out, after which the insurance company assesses the validity of repairs and then pays the network garage directly.
- For reimbursement claims, you need to pay for the repairs first, followed by reimbursement from the insurance company after submitting the invoices for repairs.
The Bottom Line
So, the next time you need to resort to the help of your scooter insurance policy, keep the above tips in mind. Between a third party bike insurance
and comprehensive cover, opt for the latter as it helps in providing all-around coverage in a single insurance plan.
Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms and conditions, please read the sales brochure/policy wording carefully before concluding a sale.
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