In addition to being mandated by law, third-party car insurance offers financial security. The Motor Vehicles Act of 1988 requires you to have one if you own a car, but you should also think about the many advantages it offers and what is covered in car insurance. This depends on the kind of policy bought, the inclusions and exclusions of the plan, and other elements.
Is vandalism covered when you purchase car insurance online, even though a car may be subject to various perils such as accidents, natural disasters, and other artificial damages? Let’s find out in this article.
Vandalism: What Is It?
The deliberate destruction of another person’s property is known as vandalism. It is a typical scenario during riots. A person’s private property is destroyed during such times. This includes things like cars, houses, and businesses.
Does Car Insurance Cover Acts Of Vandalism?
It is necessary first to comprehend the various plans that are offered to satiate your curiosity.
Third-party insurance plans and comprehensive policies are the two main categories of car insurance policies. You, the policyholder, are shielded from potential liabilities by a third-party policy. These liabilities may result from a collision or accident that harms or damages the property of a third party. In addition, the insurance policy covers compensation for the passing away of such a third party as a result of an accident.
A second kind of insurance plan that can be purchased is the comprehensive policy. This policy provides both own damage and third-party car insurance coverage. As a result, it offers protection against legal liabilities and vehicle damage. An own damage policy also covers vandalism because it covers both artificial and natural disasters. You can lower your out-of-pocket costs while providing more insurance coverage with a comprehensive policy. ## *
- Third-Party Car Insurance
A third-party car insurance policy covers the damage your vehicle causes to other people or their property. Your insurer will cover the costs if it can be shown that you were to blame for the damage. This protection extends to third-party injuries, fatalities, and property damage from your vehicle. Claims are subject to terms and conditions set forth under the car insurance policy.*
- Comprehensive Car Insurance
Third-party damage and ‘Own Damage’ (OD) are the two main things that a comprehensive car insurance policy will cover. The damage to your car is what is meant by the OD component. With this policy, your out-of-pocket costs are reduced, and if your car is damaged, the insurance provider will cover the cost of repairs. Claims are subject to terms and conditions set forth under the car insurance policy. * ##
How Do You File A Vandalism Claim?
Before filing a vandalism car insurance claim, inform your insurance provider of the damage. You will be guided through the proper process by the insurer’s rules by a customer service agent or insurance specialist. A claim may now be submitted digitally. You can use an app or the insurance provider’s website to submit a claim. You must have the following information on hand:
- The number assigned to a car insurance policy
- VIN, or vehicle identification number
- First Information Report (FIR) (if the insurer so requests)
- Pictures or videos of the wrecked car
- Any additional paperwork that the insurer requests
* Standard T&C Apply
## All savings are provided by the insurer as per the IRDAI-approved insurance plan. Standard T&C apply
Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.