A two-wheeler is an important mode of transport in India, especially when the need for individual transport is being felt by an increasing number of people. If you have a two-wheeler you have no choice but to buy a third party insurance policy. According to Motor Vehicles Act, it is mandatory for every owner to own a valid third-party insurance policy while driving a bike or scooter. Third-party insurance is the most basic type of two-wheeler insurance plan. It gives financial protection against loss, injury, damage and other liability caused to a third-party vehicle or property due to the accident by your two-wheeler.
Many people think that the process to file a claim for third party two-wheeler insurance is very simple. But actually, it is not. The process of filing a third-party insurance claim is tricky. That’s why many people make mistakes while filing claims that lead to rejection by the insurer.
Let’s take a look at some common mistakes people make while filing a third-party bike insurance claim:
Soon after an accident or a mishap, don’t avoid informing local police about the incident. When you register an FIR against the other person, it also helps you in filing and getting a claim for your insurance policy.
Do not run away from the spot of the accident or move your two-wheeler or anyone else’s bike from there. If anyone requires medical aid, you must try to help.
Panicking over the situation only increases your problem. So, try to make the right and wise decisions at the right time.
Never forget to file the post-accidental formalities within stipulated time. You should collect all the relevant and required documents and file a third-party bike insurance claim as early as possible.
According to experts, never accept any cheque as the ‘final payment’ from the insurance company until you are completely convinced about the amount of the claim.
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