Car Insurance Problem
hi all,
seven months before i purchased a used car 4wd 2005 model which has full insurance valid upto october 2007. I availed car loan from my company and usual I changed the Registration of the car from the previous owner to my company name.
two weeks back I met small accident (my fault) and i had to replace the bumper. Assuming the car is fully insured i went to Insurance company (Islamic Takaful) but they outrightly refused to bear the expenses claiming that i have not changed the ownership of the insurance after purchasing the car.
any guidance and advise will be appreciated.
They are right, the policy should be in your name.
Also in the event of an accident the following steps must be followed:
Police report
Police repair consent
Insurance
Garage.
the insurance has to be on ur name must. and ur mistake model 2005 they will not pay full.
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