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Contributor
Phalguni
Posts: 28
Registered: ‎09-06-2016

Is it advisable to file for claims below Rs. 2000 for motor insurance?

Is it advisable to file for claims below Rs. 2000 for motor insurance?

3 REPLIES 3
Frequent Contributor
maheshkulkarni
Posts: 88
Registered: ‎02-08-2016

Re: Is it advisable to file for claims below Rs. 2000 for motor insurance?

In my opinion you should not make small claims, as you may loose on your No Claim Bonus benefit.

Frequent Contributor
kusumM
Posts: 87
Registered: ‎02-08-2016

Re: Is it advisable to file for claims below Rs. 2000 for motor insurance?

Mostly, you should not,so that you can avail the NCB benefit, but you can decide based on your financial stability.

Contributor
vishnu
Posts: 30
Registered: ‎05-04-2017

Re: Is it advisable to file for claims below Rs. 2000 for motor insurance?

It depends on you whether you want to make claim or not. If you make claim there are chances that you may loose on to your NO Claim Bonus.