3rd Party Insurance Claim Expert Services Lien Ying Chow Drive

third party accident insurance claim

3rd Party Insurance Claim Expert Services Lien Ying Chow Drive Third party insurance is the most basic sort of insurance that all automobile owners in Singapore should possess. It covers the chauffeur’s obligation on the occasion that his/her mistake in the mishap is validated, and covers the costs of third party physical injury as well as property damage. You can find thorough details regarding third party insurance in Singapore by seeing its devoted web page on our site here.

What is the Motor Claims Framework (MCF)?

When reporting motor mishaps in Singapore, the MCF is a set of treatments that drivers need to adhere to. In a nutshell, after a crash, you need to gather info from various other motorists associated with the mishap, take photos of the event, after that call an insurance company to report the mishap. The last step is to bring the vehicle to one of the insurance provider’s authorized repair work workshop for vehicle evaluation– no matter if any damages to the vehicle has actually taken place or otherwise. The MCF also suggests that all accidents have to be reported, as well as by not complying with those policies, you run the risk of being fined. To discover more regarding the MCF, go here to watch an infographic concerning this plan.

How do I make a third party insurance claim in Singapore?

Prior to making any 3rd party insurance claim in Singapore, or in fact throughout the world, make certain that the 3rd party’s mistake is validated by the police report. You can still send your vehicle for repair work even if the third party’s obligation has not yet been verified, however you will have to pay for the fixings in advance. The following mini-guide will show you step-by-step just how to make a third party insurance claim in Singapore:

Action 1: Obtain all relevant details

After the crash, exchange particulars of involved parties consisting of:

  1. Full Name
  2. NRIC/ FIN
  3. Telephone number
  4. Address
  5. The Insurer and also the policy number
  6. You’ll require this details for the record and also to file a claim to the third party’s insurance company

Step 2: Photograph everything

Collect as numerous items of evidence as possible to support your claim. Take photos of your auto’s damages, other cars involved in the accident, as well as the mishap surroundings. You may additionally take video clip footage as well as attempt to get witness statements.

Step 3: Report the mishap to your insurance firm

In Singapore, you are legally required to report ALL electric motor mishaps within 24 hours of its event or the next functioning day. Even accidents with small or no car damages, or scenarios where you want to resolve without making a third party insurance claim, have to be reported. Call your insurance firm to send you a towing vehicle if essential, and ask any kind of additional concerns you may have. There’s no excuse for not reporting a car crash, as it is currently obligatory for every single electric motor insurer in Singapore to have a 24 hrs hotline offered. You can likewise report a crash in one of the insurance company’s Approved Reporting Centers.

Not reporting the accident may lead to:

  • Loss of your No Claims Discount upon your plan’s renewal time.
  • The insurer decreasing/ terminating your plan renewal.
  • The insurance firm refusing to reimburse your claim because you have breached a plan problem by failing to report the crash. That implies you would need to pay of pocket for your very own automobile repair service expenditures and also any additional third party claims.

Tip 4: Arrange with the 3rd party’s insurance firm for pre-repair inspection

Contact the third party’s insurance company and allow them inspect your automobile’s damage prior to sending it for fixing. You can not begin your auto’s repair work process up until the pre-repair examination is full, or until the third party insurance company has actually forgoed the right to the investigation.

Depending upon whether the mistake of the other driver is already validated or not, you might pick 2 various alternatives for filling up the claim

If the other motorist’s fault is established, you can bring your automobile to the 3rd party insurer’s Approved Reporting Center/ Authorized Workshop and make the needed fixings there.

You can ask your very own insurer’s APR to help you communicate with the third party insurance provider in your name if the obligation for the accident has not yet been confirmed.

Tip 5: Proceed with the repair and also claim

After the assessment is completed, and you have actually gotten a repair service estimate expense, you can wage the repair work. {Probably you would have to resolve in advance the charge for the repair services with the workshop directly if the 3rd party’s responsibility has not been verified yet.|Most likely you would have to work out ahead of time the charge for the repair services with the workshop directly if the third party’s liability has actually not been verified.|If the third party’s responsibility has actually not been validated yet, most likely you would have to settle in advance the cost for the fixings with the workshop straight.

Nonetheless, if you have a cops record that plainly states the various other chauffeur’s mistake in the mishap, and that you agreed with the third party’s insurance firm on the repair costs and payment, you might wage the repairs without the requirement to pay upfront. The workshop will certainly send your claim against the third party’s insurance for you, assuming all documents remain in place.

What happens if I have a disagreement with the 3rd party insurer?

In case you experience a disagreement when filing a 3rd Party Insurance Claim Expert Services in Singapore, you can contact Financial Industry Disputes Resolution Centre Ltd (FIDReC) by calling 6327 8878, or be emailing info@fidrec.com.sg. Please remember to provide the FIDReC with all information appropriate to your complaint, including: your name, contact numbers, the specifics of your complaint, and all supporting documents (e.g. document with the 3rd party insurance company or authorities report).

Before making any type of third party insurance claim in Singapore, or really anywhere in the world, make certain that the third party’s fault is confirmed by the police record. Even mishaps with minor or no cars and truck damage, or situations where you want to settle without making a third party insurance claim, need to be reported. Call the third party’s insurance firm as well as allow them evaluate your car’s damages before sending it for repair work. The third party’s insurance firm has 2 working days to do the pre-repair evaluation after you have actually called them. You can not begin your cars and truck’s repair process until the pre-repair inspection is complete, or until the third party insurance firm has waived the right to the investigation. 3rd Party Insurance Claim Expert Services Lien Ying Chow Drive