In India, the importance of owning a car has transcended luxury; it has become an essential part of everyday life. Many first-time car buyers opt for second-hand vehicles to access affordable transportation. However, purchasing a used car can be a gamble. You may end up with a reliable vehicle in excellent condition or one on the brink of breakdown. To make a well-informed decision, conducting a vehicle insurance check is essential.
Checking your car insurance claim history provides valuable insights into its past. It helps you determine if the vehicle has a history of significant accidents and aids in evaluating its overall condition and potential longevity. You can also learn about the insurance company’s car insurance claim settlement ratio. Hence, it becomes crucial when buying a used car, as knowing about previous claims can prompt a more thorough inspection. Additionally, a car’s claim history affects future premiums. Filing a claim leads to increased insurance premiums and the No Claim Bonus (NCB) loss. Hence, checking a vehicle’s insurance claim history is prudent.
You can conveniently access a vehicle’s claim history in India by visiting the Insurance Information Bureau (IIB) website. This platform provides valuable information regarding a car’s insurance claims and accidents. Now, let’s see how to check car insurance claim history in India.
Steps to check car insurance claim history in India
For checking a car’s insurance claim history through the Insurance Information Bureau (IIB) website, follow these steps:
- Visit the IIB website and navigate to the ‘V SEVA’ option under quick links.
- You’ll get redirected to a form where you must provide some contact details and the vehicle’s registration number.
- After submitting the required information, you’ll gain access to details about past claims and accidents associated with the vehicle.
- You can also contact your insurer to inquire about the claim history of your current vehicle.
- Remember that the data repository may take up to two months to update, so you may not always access the latest information.
- If you can’t find the required insurance details online, you can visit your Regional Transport Office and request them to provide you with the necessary details.
Disclaimer: The information provided in this blog is for educational and informational purposes only. It may contain outdated data and information regarding the relevant industry. It is advised to verify the relevance of the data and information before taking any major steps. ICICI Lombard is not liable for any inaccuracies or consequences resulting from the use of this outdated information.