Kotak Mahindra Car Insurance Claim- All You Need to Know

What is Kotak Mahindra Car Insurance?

Kotak Mahindra Car Insurance is a comprehensive car insurance plan from Kotak Mahindra General Insurance (KMGI), a joint venture between Kotak Mahindra Bank and Old Mutual plc. It provides complete coverage for your vehicle and gives you the security of knowing that you are covered for all types of losses incurred due to an accident, theft, fire or natural disaster. The plan also provides coverage for third-party liabilities due to an accident.

What does the Kotak Mahindra Car Insurance plan cover?

Kotak Mahindra Car Insurance plan covers damage to your car due to natural disasters, theft, fire, and accidents. It also covers third-party liabilities due to an accident. The plan also covers personal accident cover for the driver and co-passengers in the car. The plan also provides a No Claim Bonus (NCB) of up to 50% of the premiums paid, if the policyholder does not make any claim in the policy year.

What is the process to make a Kotak Mahindra Car Insurance Claim?

Making a Kotak Mahindra Car Insurance claim is a simple and straightforward process. All you need to do is follow the below steps:

Call the Kotak Mahindra helpline number and register your claim.
Provide your policy number, car registration number and other relevant details.
You will be given a claim reference number to track the status of your claim.
The insurer will then assign a surveyor to evaluate the extent of damage to your car.
Once the surveyor completes the evaluation process, the insurer will then decide the extent of compensation.
If the claim is accepted, the insurer will then transfer the claim amount to your bank account.

What documents do you need to make a Kotak Mahindra Car Insurance Claim?

To make a successful Kotak Mahindra Car Insurance claim, you need to submit the following documents:

Copy of the car registration certificate.
Copy of the Driving License of the driver.
Copy of the FIR (First Information Report).
Copy of the policy document.
Copy of the repair bills.
Copy of the medical bills, in case of personal accident.
Copy of the surveyor’s report.

What are the exclusions in Kotak Mahindra Car Insurance plan?

The following are some of the exclusions in the Kotak Mahindra Car Insurance plan:

Damage due to normal wear and tear.
Damage due to mechanical or electrical breakdown.
Damage due to intentional acts.
Damage due to driving without a valid license.
Damage due to driving under the influence of alcohol or drugs.
Damage due to war and nuclear risks.
Damage due to contractual liabilities.

Conclusion

Kotak Mahindra Car Insurance provides comprehensive coverage for your car and ensures that you are financially secure in case of any accident, theft or natural disaster. The claim process is simple and hassle-free and all you need to do is follow the steps mentioned above. However, it is important to be aware of the exclusions in the plan so that you can make an informed decision.