03-08-2016 03:07 PM
Does Reinstatement concept prevelant in General Insurance as well? How do i reinstate private car policy?
04-08-2016 09:54 AM
In guess, reinstatement is prevalent under the Home Policy, but not for a private car policy.
04-08-2016 10:01 AM
As I understand, if you claim for partial loss under the private car policy, it does not effect the Insured Declared Value.