Being a car owner with a solid insurance plan gives you financial backing in case of an accident or damage to the car. Getting financial compensation from the insurance provider in such a case is called a claim. Here is a question that ponders your mind: how many times can one claim a car insurance policy in India?
Let’s have a detailed look at it.
How many claims are permitted for car insurance in a year?
Usually, there are no limitations on the number of claims one can make under the car insurance policy in an entire year. However, there are several factors attached to it. Like, in such a case, the car insurance claim affects the no claim bonus and may also increase the premium as and when you renew the car insurance policy.
Remember, in the case of a Zero Depreciation cover for the car insurance plan; there is a specific set number of claims you can make in an entire year. The number of claims permitted under this cover varies with different insurance providers.
“Not having a contingency plan or never performing risk analysis and mitigation activities is like not having an insurance plan for yourself.” ― Pooja Agnihotri
Originally published at https://quickinsure.co.in. Visit the link to read more
