3rd Party Insurance Claim Workshop Sixth Crescent

third party accident insurance claim

3rd Party Insurance Claim Workshop Sixth Crescent Third party insurance is the most basic type of insurance that all auto owners in Singapore need to have. It covers the motorist’s responsibility in the event that his/her fault in the accident is confirmed, and covers the costs of 3rd party physical injury as well as residential or commercial property damages. You can locate comprehensive details about 3rd party insurance in Singapore by visiting its dedicated web page on our website below.

What is the Motor Claims Framework (MCF)?

When reporting electric motor mishaps in Singapore, the MCF is a set of treatments that chauffeurs should follow. In a nutshell, after a crash, you ought to collect details from various other drivers involved in the accident, take pictures of the event, then call an insurance firm to report the crash. The last step is to bring the auto to among the insurance firm’s licensed repair work workshop for vehicle evaluation– regardless of if any kind of damages to the lorry has actually occurred or not. The MCF also implies that all crashes need to be reported, and by not following those guidelines, you run the risk of being fined. To learn more concerning the MCF, click here to watch an infographic concerning this system.

How do I make a 3rd party insurance claim in Singapore?

Prior to making any type of 3rd party insurance claim in Singapore, or actually throughout the globe, ensure that the 3rd party’s mistake is verified by the police report. You can still send your cars and truck for repair even if the 3rd party’s responsibility has not yet been validated, yet you will certainly have to pay for the repair work upfront. The following mini-guide will reveal you step-by-step how to make a third party insurance claim in Singapore:

Action 1: Obtain all pertinent info

After the mishap, exchange particulars of entailed parties consisting of:

  1. Complete 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 to sue to the 3rd party’s insurance firm

Action 2: Photograph every little thing

Gather as many items of proof as possible to sustain your claim. Take photographs of your vehicle’s damages, other cars associated with the accident, and also the crash surroundings. You might additionally take video clip footage and try to acquire witness testimonies.

Action 3: Report the crash to your insurance provider

In Singapore, you are lawfully obliged to report ALL electric motor accidents within 24 hrs of its occurrence or the following functioning day. Also crashes with minor or no car damage, or circumstances where you intend to settle without making a third party insurance claim, need to be reported. Call your insurance company to send you a lugging vehicle if necessary, as well as ask any type of additional questions you might have. There’s no excuse for not reporting an auto accident, as it is now required for every single electric motor insurance provider in Singapore to have a 24 hrs hotline available. You can likewise report an accident in one of the insurer’s Approved Reporting Centers.

Not reporting the accident might lead to:

  • Loss of your No Claims Discount upon your policy’s revival time.
  • The insurance provider decreasing/ cancelling your policy revival.
  • The insurance provider rejecting to compensate your claim because you have breached a policy condition by failing to report the mishap. That indicates you would need to pay out of pocket for your very own vehicle fixing expenditures and any type of additional 3rd party claims.

Tip 4: Arrange with the third party’s insurance firm for pre-repair examination

Contact the third party’s insurance company and allow them examine your car’s damages prior to sending it for fixing. You can not begin your auto’s repair service process up until the pre-repair examination is total, or up until the third party insurance firm has actually waived the right to the examination.

Relying on whether the fault of the other chauffeur is currently verified or not, you may choose 2 different alternatives for loading the claim

If the various other vehicle driver’s fault is developed, you can bring your car to the 3rd party insurance company’s Approved Reporting Center/ Authorized Workshop and also make the essential repair services there.

If the responsibility for the accident has actually not yet been validated, you can ask your own insurance provider’s APR to aid you communicate with the 3rd party insurance provider in your name.

Step 5: Proceed with the repair work and also claim

After the inspection is finished, and you have obtained a repair price quote price, you can wage the fixings. {More than likely you would have to settle in advance the cost for the repair work with the workshop straight if the 3rd party’s liability has actually not been verified yet.|Most most likely you would certainly have to work out in advance the fee for the repair work with the workshop directly if the third party’s obligation has not been validated.|If the third party’s liability has not been confirmed yet, most likely you would certainly have to settle upfront the charge for the repairs with the workshop straight.

Nonetheless, if you have a cops record that clearly states the other vehicle driver’s fault in the mishap, and that you agreed with the third party’s insurance company on the repair service costs as well as compensation, you might proceed with the fixings without the demand to pay upfront. The workshop will certainly send your claim versus the third party’s insurance for you, presuming all papers remain in location.

What if I have a dispute with the 3rd party insurance provider?

On the occasion that you experience a disagreement when filing a 3rd party insurance claim in Singapore, you can call Financial Industry Disputes Resolution Centre Ltd (FIDReC) by calling 6327 8878, or be emailing info@fidrec.com.sg. Please remember to offer the FIDReC with all info relevant to your problem, including: your name, contact numbers, the specifics of your complaint, and all supporting files (e.g. correspondence with the 3rd party insurance firm or police report).

Prior to making any type of third party insurance claim in Singapore, or really anywhere in the globe, make sure that the third party’s mistake is verified by the cops record. Even crashes with small or no automobile damages, or situations where you desire to resolve without making a third party insurance claim, need to be reported. Contact the third party’s insurance firm as well as allow them inspect your vehicle’s damage prior to sending it for fixing. The third party’s insurer has 2 working days to execute the pre-repair examination after you have actually contacted them. You can not start your cars and truck’s repair process up until the pre-repair inspection is complete, or till the third party insurance provider has actually waived the right to the investigation. 3rd Party Insurance Claim Workshop Sixth Crescent