How To Make a Third-Party Car Insurance Claim?

Every four-wheeler on the road in India is required to carry car insurance, particularly third-party insurance. Driving a four-wheeler without a proper car insurance coverage policy may result in severe penalties under current legislation. Furthermore, car insurance is essential because it is legally required and provides you with the comfort and peace of mind that you will be financially compensated if your vehicle is involved in an accident or suffers any damage.

Benefits of Third-Party Car Insurance

 Some benefits of the Third-Party Car Insurance -

1. Legal Protection and Financial Assistance- Third-party car insurance coverage will financially safeguard you in the event of the third party's death or incapacity, as well as damage to the third party's property or four-wheeler. This guarantees that your legal and financial responsibility is covered in the event of a third-party claim policy.

2. Peace of Mind- A third-party car insurance policy provides you with peace of mind in the event of a financially draining traumatic or tragic occurrence. As a result, instead of worrying about these costs, you will get instant stress relief and help with the event for your four-wheeler.

3. Easily Accessible- Because of its legal requirement, a third-party car insurance policy is widely available and simple to purchase or renew online for your four-wheeler. You may use it whenever and however you choose.

4. Cost-Effective and Advantageous- A third-party car insurance plan has meagre rates that are readily accessible.

You may also like to read: Benefits of Renewing Your HDFC ERGO Car Insurance Policy 

How To Make a Third-Party Car Insurance Claim?

If you have third-party car insurance but don't know how it may assist you! There are two possible situations in which a third-party claim may be made-

1. If you caused harm, you must file a claim according to the policy -

• Gather photographic and video evidence of the harm done to a third-party person, four-wheeler, or property.

• Takedown the contact information for the third-party individuals - their phone numbers, names, addresses, and so on.

• Please make a note of any eyewitnesses who are there and jot down their contact information.

• Notify your car insurance company of the event and file an FIR at the closest police station.

• Formalize your claim at the Motor Accident Claims Tribunal Court.

• Follow the proper procedure and submit the required paperwork.

• Notify the insurance company of the court's decision and let the insurance company decide compensation.

2. Filing a claim of the car insurance if the incident has impacted you according to the policy -

• Gather photographic and video evidence of the harm done to a third-party person, four-wheeler, or property.

• Takedown the contact information for the third-party individuals - their phone numbers, names, addresses, and so on.

• Make a note of any eyewitnesses who are there and jot down their contact information.

• Make a police report at the closest station.

• The Motor Accident Claims Tribunal Court will then hear the matter.

• Attend the court sessions and bring a copy of the FIR, any necessary documents, and information and evidence of the event.

• Present eyewitnesses to assist you in emphasizing the case's facts.

• The tribunal court will determine, authorize, and pay for the appropriate damages.

Take Away

A car insurance third-party liability coverage does not protect the covered four-wheeler in any manner in the event of an unexpected accident. Furthermore, injuries to the owner of the insured vehicle, or even death, are not covered by third-party car insurance unless a personal accident coverage is purchased in addition to the policy.

Also Read: SBI General Cashless Car Insurance Process Explained 

Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.