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How to File Car Insurance Claim in Case of Theft?

It is a comprehensive cover for personal accidents, natural and man-made damage caused to the vehicle. Filing a vehicle insurance claim after the theft of an automobile is not the same as filing the claim for any other reason.

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Filing a vehicle insurance claim after the theft of an automobile is not the same as filing the claim for any other reason.
Representational Image, Pixabay
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You buy your dream car to travel every part of the country with luxury. How would you react on discovering that your car is missing? Someone stole your car. This is when your motorcar insurance comes into the picture. It is a comprehensive cover for personal accidents, natural and man-made damage caused to the vehicle. Filing a vehicle insurance claim after the theft of an automobile is not the same as filing the claim for any other reason. Theft is the total loss of value of the automobile and is equal to the complete destruction of the car in an accident that causes it to be written off as scrap. Car theft in India is widespread and some instances happen daily. Every day, 105 cars were stolen in the year 2016-17 (Ref: Indpaedia). To make a claim with motor insurance companies in India, your vehicle needs to be covered under the comprehensive insurance policy which includes third party cover, a loss or damage to the vehicle, accident, theft, and risks against natural calamities.

Here is how you can file a car insurance claim in case of theft

FIR – The insured must lodge the First Information Report (FIR) immediately. It is an official proof of the fact that the car has been stolen. It is the first and an important step to file your claim. Without this, you cannot claim your insurance. The car insurance cover requires the owner to take all the responsible steps to recover the loss due to the lost vehicle.

Theft is the total loss of value of the automobile and is equal to the complete destruction of the car in an accident that causes it to be written off as scrap.
Representational Image, Pixabay

Informing the Regional Transport Office – One should notify the RTO about the theft of the vehicle. It will ensure that the thief does not transfer the vehicle to his or her name. One should inform the RTO in writing and submit the acknowledgement to the car insurance company. A copy of the RC book with a stolen endorsement must be obtained from the RTO. It should be submitted to the insurer.

Submit original car documents – To file a claim, the car owner should submit the original vehicle insurance policy document, tax invoices for the last year and other documents of the car.

Acknowledgement from car loan provider – If your car loan is not yet repaid, then you are bound to inform the lender and obtain a response from them. You should also submit the latest loan statements to indicate the total amount due.

Claim Form – Call the customer service centre of the insurance company and fill the claim form by giving all the necessary information which includes policy number, vehicle details, time and description of the incident. You will be required to submit the duly signed claim form, copies of the Registration Certificate (RC) of the vehicle, policy document and driving license.

Closure report – The police will try to investigate the loss and try to recover the car and submit their report stating that the vehicle could not be found. The court will close the case after this and a No Trace certificate will be submitted to the insurance company. The payout will be made only after the document is submitted.

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Other documents – Your identity proof and a copy of your driving license should be submitted to the insurance company. Additionally, you will be required to provide an NOC for transfer of the vehicle to the insurance company along with a letter of indemnity on a stamp paper. You will have to transfer the RC of the stolen vehicle in favour of the company, hand over all sets of keys and give a letter of subrogation to the insurance company. Finally, you hand the documents over to the insurance company and claim.

Every insurance company follows the steps mentioned above for the acceptance and reimbursement of the claim. However, it is crucial for the vehicle owner to take immediate action and report the theft to the authorities. Motor Insurance companies in India offer quick processing and approval of the claim if you have purchased comprehensive motor insurance. It is important to note that in case the vehicle is taken on a loan, the insurer will have to reimburse the payout amount to the financier, and if there is any excess amount, it will be borne by the insured.

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What’s Common To Virat Kohli, Sania Mirza, Rajnikanth And Other Celebs?

Virat Kohli getting his beard insured.

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What's Common To Virat Kohli, Sania Mirza, Rajnikanth And Other Celebs?
What's Common To Virat Kohli, Sania Mirza, Rajnikanth And Other Celebs? Flickr

Life insurance is no big deal, but getting your body parts or other attributes insured is quite wacky. For celebrities, their bodily features serve as their means of livelihood and fame. So, it is only natural that they would be protective of their ‘assets’. With the buzz around Indian skipper, Virat Kohli getting his beard insured, the trend is gaining quite a momentum in India. Though, it has already been in practice in the West, with celebrities like Miley Cyrus (she got her tongue insured), Jennifer Lopez (has her voluptuous booty insured), Daniel Craig (got his whole body insured), and many others popularising the latest fad, Indian celebrities are joining their Western counterparts in protecting their features, too.

John Abraham

The handsome hunk, John Abraham, who gave us a tantalizing butt view in Dostana not only had his female friends ogling but also arrested the attention of an international insurer. They offered to ensure the Bollywood star’s derrière for a whopping Rs 10 crore to which he responded positively. Well, it is an ass-et and most expensive butt in Bollywood

parmanu
The film is jointly produced by JA Entertainment, Zee Studios and Kyta Productions. Flickr

Sunny Deol

Known for his ‘dhai kilo ka haath’, Sunny Deol got his voice and dialogue style copyrighted instead. Because he was disappointed when his voice and dialogue delivery was adopted for mimicry, which far exceeded permissible levels according to him.

Rajnikanth

There is nothing that Rajnikanth can’t do, especially in his films. Speak of Thalaiva and even the earth stands still (pun intended of course). The actor who, even today, has a crazy fan following, has got his voice insured and patented, followed by a petition he filed against a production house for personality right violation.

 Amitabh Bachchan

The Big B, Amitabh Bachchan, got really upset when he found out that the voice artists were using his baritone without the permission to sell certain products that he didn’t quite approve of. So, it was buzzed that Amitabh wants to get his voice copyrighted. Hence, Mr Bachchan got his voice tone insured and patented.

it was buzzed that Amitabh wants to get his voice copyrighted
it was buzzed that Amitabh wants to get his voice copyrighted. flickr

Priyanka Chopra

Everybody is aware of Priyanka Chopra’s pouty smile on which she has drawn up a copyright. As she seems to be of the opinion that her smile is very much her own, and no one has the right to copy it after she discovered the wrong ways of it getting used by doctors promising young girls to achieve ‘Priyanka Chopra Smile’ after necessary surgical tweaking.

Actress Priyanka Chopra attends the Clive Davis and Recording Academy Pre-GRAMMY Gala and GRAMMY Salute to Industry Icons Honoring Jay-Z on January 27, 2018 in New York City.
Actress Priyanka Chopra attends the Clive Davis and Recording Academy Pre-GRAMMY Gala and GRAMMY Salute to Industry Icons Honoring Jay-Z on January 27, 2018 in New York City.
 Mallika Sherawat

Known for her hourglass figure, Mallika Sherawat went a step ahead of all the other Bollywood divas and got her whole body insured. It is also believed that the actress spends hours on her body to keep it flawless.

Sania Mirza

Ace tennis player, Sania Mirza has reportedly got her hands insured, which are her greatest assets. Because tennis is a tough game and it involves a lot of hand movements and mind presence. Plus, we all have seen her create magic by winning trophies for the country.

Lata Mangeshkar

Known as the second nightingale of India, Lata Mangeshkar has given a number of hits and even lent her voice to generations of actresses since 1940s. While the amount remains unknown, it has been confirmed that she has got her melodic voice insured.

Lata Mangeshkar has got her melodic voice insured
Lata Mangeshkar has got her melodic voice insured. Flickr

Vijender Singh

India’s ace pugilist, Vijender Singh got his power-packed hands insured, as those are his main weapons in the game. The decision came after his medal-winning performance in 2008 Beijing Olympics.

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Rakhi Sawant

The controversial, outspoken actress, dancer, model and host, Rakhi Sawant loves herself more than anything else and everyone is well aware of it. In order to keep herself sexy always, she has apparently insured her derriere. (IANS)