Car Insurance For Protection Against Natural Calamities
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Natural calamities are most often unpredictable in nature. Floods, earthquakes, cyclones and other natural calamities are very devastating and destructive and due to vast effect, damage control doesn’t usually work.
If you are a vehicle owner and more specifically a car owner, it is one of the most prized possession that you have. A significant portion of car buyers often take loans to buy a car. Just like property, cars can also suffer significant damage during a natural calamity.
Especially if you live in a place that is prone to natural disasters, it becomes imperative to buy an insurance policy that provides full coverage. Hence, besides ensuring that your car is properly insured, one must not overlook the natural calamity aspect of the car insurance policy. To avoid paying high costs for the damages from your pocket, it is recommended that you are prepared for incidents like these in advance.
The Motor Vehicles Act of 1988 mandates a third-party basic insurance policy with limited coverage. It insures the owner of the car against any legal liabilities that arise out of loss/damage caused to a third-party or their properties. Hence, a comprehensive insurance policy is often recommended as it covers a wide range of incidents that includes natural disasters and has a wider scope of protection.
It must also be noted that if you have installed or bought expensive add-ons or accessories like a GPS system or a stereo system, it is recommended to declare it to your insurance provider while buying a cover and paying the extra premium. Every company offers a different policy; therefore, it is best to do your market research well before buying a policy.
If you have already bought a comprehensive car insurance policy and due to some unforeseen reasons owing to natural calamity, you can follow the given steps to recover the amount:
- Collection of evidence – Make sure that you click several pictures that clearly establish the damage that is done to your car due to the natural calamity. Document these pictures clearly and submit the report to your insurance company.
- Filing a claim: Get in touch with the insurance company on an immediate basis and file a claim as soon as possible. During a natural disaster the insurance company might witness a significant rise in claims all of a sudden, therefore filing a claim will save you a lot of hassle.
- Evaluation of the damage – To ensure that you get a fair compensation, carefully evaluate the damage that is done and calculate the cost that you might have to incur due to the damages that are done. You can get a local mechanic to help you out with it.
By following the above steps, you can simply make sure to have your vehicle protected and secure by the means of insurance. You can book the right insurance partner at Suraksha Brokers as we give you in-depth details on the right service so that you can make the right decision.
