Stranded Vehicles in Floods: Insurers Outline Steps for Hassle-Free Claims

Swift Summary

• Hyderabad and multiple districts of Telangana are set to witness heavy to very heavy rainfall from August 12-15, as per the India Meteorological Department (IMD).
• Insurance companies are advising motor policyholders to exercise caution and stay indoors due to risks posed by waterlogged roads.
• During monsoon, motor insurance claims increase by 15%-25%, with common issues including water ingress and electrical failures in cities like Mumbai, Chennai, Bengaluru, and Hyderabad.
• Narendra Bharindwal of the Insurance Brokers Association of India stated that such claims have recently surged into thousands, amounting to several hundred crores in damages.
• Experts recommend not starting or driving vehicles partially submerged in water as it can exacerbate engine and electrical system damage.
• To ensure smooth insurance claim processes:

– Take pre-repair photos/videos documenting damage clearly.
– Tow vehicles instead of driving them until approval is secured from insurers for repairs.
– Add-on covers like zero depreciation or engine protection reduce out-of-pocket expenses during such events.

Indian Opinion Analysis

The IMD’s rainfall warning highlights a critical need for enhanced safety awareness among motorists during India’s monsoon season. Effective steps taken by both individual vehicle owners-like avoiding flooded routes-and proactive measures from insurers exemplify how coordinated efforts can mitigate risks. The significant rise in claims underscores the economic impact posed by extreme whether events on urban infrastructure and personal property.

Insurers’ advice around documentation protocols might improve claim efficiency but also reflects broader challenges related to natural calamities. These situations call for better city planning aimed at flood prevention and traffic resilience during heavy rains. Motorists adopting precautionary recommendations could prevent unnecessary stress while ensuring proper lanes for financial recovery through insurance coverage.

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