comprehensive insurance and its coverage
i met accident and the estimate is a whopping 20,000 riyals parts and labour.... i have comprehensive insurance, but the insurance company want me to shoulder 30% of the cost of repair....my understanding of comprehensive insurance was the cost will be totally shoulder by the insurance company...please help..
I believe Hawk10 is right.
First year is free of cost in full insurance and after that each year there is percentage for the parts, as the car is older and the parts are new, therefore, they will charge you the difference which will reach to 50% after 5 years.
read the terms of the insurance properly. They have a limit to which they can bare the costs of the accident.1) you will have to shell out 30% of the costs if the charges go beyond a certian limit (in most companies it is about 3-5k).2)you will also have to shell out 50% of the amount for parts if you insist in original parts usage.this means that of the 30000 QR you will have to atleast shell out about 15k (if you will insist on original parts)