05-01-2017 05:21 PM
I sold my car but registration and insurance are not yet transferred. The new owner has just informed me that he met with an accident last week. What do I need to do?
05-01-2017 05:43 PM
The transferee shall apply within fourteen days from the date of transfer in writing under recorded delivery to the insurer who has insured the vehicle, with the details of the registration of the vehicle, the date of transfer of the vehicle, the previous owner of the vehicle and the number and date of the insurance policy so that the insurer may make the necessary changes in his record and issue fresh Certificate of Insurance.
If there is a claim within the 14 days period, then the same would be considered. In case of claim/damages to the vehicle after the 14 day period, the same would not be covered.