Car insurance is to be utilized when our car encounter any accidents, but is there any limit to the number of times we can claim the car insurance. Accidents are unpredictable and occur at any time to anyone. So can we make multiple claims on a car insurance in a year? Read on to find more.
Multiple claims is ok?
There is actually no limit to the number of claims you make in a year, you may claim for an accident that happened simultaneously in two weeks’ time, it is not an issue, multiple claims can be made but the only concern is that it should not exceed the coverage limit to which you have taken the car insurance policy. You can claim the insurance amount as stated in the agreement policy within a span of one year, after which you will have to renew your policy.
For e.g: If your insurance amount agreed upon during the time of agreement is Rs 15,000, there is no limit as to which you can file a claim for reimbursement of your car insurance, you may claim the amount for a span of one year.
While insurance companies can never deny you claim, submitting the right documents, medical certificates and bills at the right time will assure you your claim regardless of the number of times you have applied for it.
Keep a clean track record
All you need to worry is when you reach three years of your insurance policy; the insurance providers may have a quick look at your claim history. While it is always better to keep a clean history, accidents and damages are mostly unpredictable, which is why car insurance is vital while you are driving on the roads.
If the damage caused to your car is minor and can be easily done with the help of a mechanic for a far lesser amount, then it is always better to not file a claim and pay for the repair from your own pocket. While claiming for a smaller amount is tedious and takes time, a no-claim bonus for your car insurance will help you earn more benefits than claiming the amount. A no-claim bonus for your car insurance helps you earn a good discount during your insurance renewal and paying off a lesser premium.
You may also think that why you need to keep a car insurance at bay and not use it when the time comes? Well, it totally depends upon the user if you have the saving you can get the damage repaired from a decent mechanic, if not utilize the claim and get it repaired from a good quality auto repair shop and get it reimbursed from the insurance provider.