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How do I claim third party damage?
The long procedure of claiming third party insurance starts with registering an FIR in a nearby police station followed by collecting a charge sheet. After that Motor Accident Claims Tribunal, a special court, registers a case, as Civil courts can’t make a judgement on road accidents or decide a compensation claim.
How do 3rd party insurance claims work?
Also referred to as a liability claim, a third-party claim holds the at-fault driver responsible for paying for any damage they’ve caused you. A third-party clam is essentially using the other driver’s liability insurance to cover the damage or injury they caused you.
Does third party insurance cover damage to my car?
It can cover the cost of damage to another person’s vehicle, as well as any compensation costs for injuries caused to other people. It’s important to know that, with this type of cover, you won’t be covered for damage to your own vehicle or any injuries to yourself, if the accident is declared to be your fault.
What is the maximum coverage amount for a third party claim?
There is unlimited coverage to Third parties injury and Third party property damage is covered up to a sum of Rs 7,50,000. The Insured has the option to restrict coverage for Third Party Property damage to Rs 6,000 and this will result in a lower ”Liability Only” premium.
Do you pay the excess on a third party claim?
No, the excess – both voluntary and compulsory – is the amount you pay towards your own claim or repairs, so you won’t have to pay the excess if a third party is claiming against you. See our guide on how car insurance excess works for more information.
What are third party damages?
Third Party Damages means damages, which are an obligation of an owner as a result of a court- approved settlement or judgment in a civil action against the owner by a party who has suffered bodily injury or property damage as defined in this part.
Can I claim insurance if I damage my own car?
So even if there is damage caused by natural calamities like floods etc. or even accidents to your own vehicle, you cannot claim compensation under your liability insurance. This is where the importance of own damage car insurance is realised.
What do you do if someone hits your car?
What to do if someone hits your car while you’re driving
- Pull over and get to safety. Turn on your hazards or light flares so other drivers know to stop.
- Call 911.
- Collect all the required information.
- Document the accident.
- File a claim.
- Follow-up.
Can I claim for injury after 3 years?
Generally speaking, the standard time limit for making a claim is three years. This means you have three years to issue your claim at court. This time limit usually applies from the date of the accident when your injuries were sustained.