Have you ever purchased a service where the salesperson presented it as the answer to all your needs, only for you to discover that numerous fine print exclusions required additional payment gradually? Knowing about exclusions is advantageous because it gives you the greatest amount of clarity and the fewest surprises when you use the service in the case of motor insurance claims.
What Circumstances, Then, Are Not Covered By A Motor Insurance Policy?
The following are some exclusions that apply to car insurance policies:
1. Any Vehicle Wear And Tear
The policy may not provide coverage for any loss brought on by the vehicle’s everyday wear and tear. Additionally, the policy may not cover the car if any damage occurs to it in the ordinary course of operation due to the following circumstances: –
- Any malfunctions, mechanical or electrical
- Chassis or other body part failure
- Weather-related or rust-related breakage
2. Tyre, Tube, Or Electrical Component Damage
Regular use and bad weather can cause damage to electrical parts, tyres, and tubes. Additionally, short circuits, oil leaks, or rodent infestations can cause electrical components like wires, batteries, engines, etc. to malfunction. The policy may not provide coverage for these losses.
3. Affected Vehicle Damage If The Driver’s Licence Isn’t Valid
A driving licence is required in India whether you’re operating a car, scooter, truck, cargo vehicle, etc. The licence enables you to drive in India legally. The Regional Transport Office (RTO) or the Regional Transport Authority (RTA) issues it.
4. Affected Vehicle Damage If The Driver Is Intoxicated By Drugs Or Alcohol
If you are found to be operating a vehicle while under the influence of alcohol or any narcotics, you may be subject to legal consequences under the Motor Vehicles Act. Your Bajaj Allianz comprehensive car insurance does not cover any damage to your car sustained while driving in this manner.
5. If The Vehicle Is Used For Any Other Purpose And Damage Occurs.
You may not be eligible to receive the claim amount if you use the car for a purpose other than the one listed on the car insurance certificate and it is damaged. For instance, a private vehicle is used for business, competition, etc. Make sure you are well aware of the car insurance claim process.
6. Vehicle Manufacturer’s Guidelines Violated
Each vehicle has a manual containing instructions for use and information about the car. Examples include advice on how to jump-start your vehicle, how to deal with overheating, etc. The policy may not cover any damage to the vehicle incurred due to using a method that goes against these rules.
7. Beyond The Specified Geographical Area Damage
A Bajaj Allianz car insurance policy may outline the precise geographic boundaries of the coverage’s application. Beyond these boundaries, the policy may not apply to any driving accidents.
8. Any Accident Following The Expiration Of The Insurance Policy
According to the Motor Vehicles Act, a motor insurance policy is a requirement that must be met and must be renewed by the deadline. If any loss or damage occurs after the policy expires, it may not be covered even if it was covered under the previous approach.
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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.