Car Accident Claims process in court
A Car Accident Claim is a formal request made to an insurance company or a court (Motor Accident Claims Tribunal) to provide financial compensation for losses incurred due to a road accident. In India, these claims are governed by the Motor Vehicles Act, 1988 . Types of Car Accident Claims Third-Party Claim: Covers damage caused by your vehicle to another person, their vehicle, or their property. This is legally mandatory. Own Damage (OD) Claim: Covers damages to your own vehicle due to an accident, theft, or natural calamity. This requires a "Comprehensive" insurance policy. Personal Accident Cover: Provides compensation for the owner-driver in case of injury or death. Key Rules and Regulations 1. Compensation Limits Hit and Run: Under the new rules, the compensation is ₹2 Lakhs for death and ₹50,000 for grievous injury from the Solatium Fund. No-Fault Liability (Section 164): In cases of death, a fixed compensation of ₹5 Lakhs is provi...