Estimate and parking charges in case of total loss

[Naresh Kukkar]

Dear Friends,
If the vehicle is declared total loss by surveyor, Concerened workshop
ask the insured for estimate and parking charges for vehicle. Estimate
charges are asked about 10% of estimate and parking charges about 300
per day although it differ from city to city. if the estimate is
700000, charging or even asking for 70000 is a big amount and some
time settled by bargainging. How much effort occur in making estimate.
There should be fix amount for this and must be settle by all.
Secondly these charges are not paid to insured . Should we pay these
charges?. your suggestions required.
Naresh Kukkar

[chand Bhatia]

If you ask me frankly, this is total exploitation of the policy
holders b the workshop owners and the insurance companies. Insurance
companies emphsize for an estimates before deputing the surveyor and
workshop takes advantage of the same. I wish regulator sets some
system to protect the policy holder. In case of total loss the
insurance company liability is limited to sum insured less excess
clause i one claim.

C K BHATIA

[rajesh zawar]

You are correct,dealers are taking undue benefit of the needy insured since there is no option for preparing detail estimate of various spares other than dealer. As dealers are valued clients of the insurance companies,the Surveyor who restricted them(dealer) from taking financial benefits,might be out from doing survey jobs by various complaints against him (Surveyor). So we are helpless as I feel,   We better know that the dealer had already stored "the total loss estimate" in computer memory of the same type of make  done in past,so it take less efforts compared to preparing new "repairing estimate".   I think our institute should bring this matter in the notice of manufacturer(Maruti,Hyundai, Tata) so that they can should give guideline & control over the dealers. Rajesh R. Zawar Surveyor & Valuer, Jalgaon/Bhusawal(Maharashtra) 09422276094. --- On Wed, 23/12/09, Naresh Kukkar <nku...@gmail.com> wrote:

-- You received this message because you are subscribed to the Google Groups "Insurance surveyors" group. To post to this group, send email to insurance...@googlegroups.com. To unsubscribe from this group, send email to insurance_surveyors+unsub...@googlegroups.com. For more options, visit this group at http://groups.google.com/group/insurance_surveyors?hl=en.

---

The INTERNET now has a personality. YOURS! See your Yahoo! Homepage.

[bhaskara kumar]

Dear Kukkar
It is the prime duty of the insured to claim against his loss due to
an accident cause

for that he is to submitting the estimation for the said loss i.e.,
claiming his right as he is having the valid policy and the peril
covers the property / vehicle

Hence, the Insurers is deputing the Surveyor to Assess the loss on the
basis of the insureds estimation of Loss

The Liability is restricted to the maximum tune to IDV OF THE POLICY
ISSUED LESS THE POLICY EXCESS

Here,
As you asked for the Estimation Charges claimed by the Repairer from
the Insured
Ans). It is very clear the estimation is for the insureds account for
his claim on insurers against the loss caused to his vehicle

If the insured didn't submits the estimation we will issue and prepare
the loss assessment according to our observation

Hence, the Estimation Charges are not accountable on Insurers side and
it is not botherasation for fixation (practically the repairer charges
1or 2 % on estimation)

coming to the parking charges
Ans) it is accountable on either side after a time limit ; if the
every thing from the insured / repairer are perfect like submission
documents, producing of the vehicle for verification or inspection
etc.,
If the delay in settlement from the insurer ( either from the Surveyor
or from the Under writers) is accountable to the repairer.
However, it is in practice the same will be asked bear by the Wreck
Buyer if not such case the Insurer is liable to the Repairer after
the pre agreed settlement TAT period.

Bhaskara Kumar K
Surveyor & Loss Assessor
AP
98481-22422
99483-22422
99486-22422

On Dec 23, 8:42 pm, Naresh Kukkar <nku...@gmail.com> wrote:

[Naresh Kukar]

Dear Friends,
As told by Mr. Bhaskara kumar estimate charges are 1 to 2% in AP, in
North charges are high that comes out about 3-5% after discussions.
Why not we all combine to fix the charges in all india basis. Maximum
charges should not be more than 5000. If there are fix charges for our
survey job, there must be some maximum amount dealer can charge.
Naresh Kukkar

[shailesh shah]

nareshbhai,
keep all such issues in a consolidated form and when iisla decides to
take up the issues responsibly, it would serve as ready material to
work with.

> --
>
> You received this message because you are subscribed to the Google Groups
> "Insurance surveyors" group.
> To post to this group, send email to insurance...@googlegroups.com.
> To unsubscribe from this group, send email to

> insurance_surve...@googlegroups.com.

> For more options, visit this group at
> http://groups.google.com/group/insurance_surveyors?hl=en.
>
>
>

--
Shailesh B. Shah
Insurance Surveyor / Loss Assessor
Vadodara Cell- 9824021192
www.insurance-surveyors.com

[Sanjay Shaw]

Dear Friends,

We should minutely think the role and jurisdiction of the loss assessor for salvaging and providing opinion.

We are under the the trap of old dragon conventional practice for approximation of the salvage value with computational average value from the unsecured source of the quotation of the salvages.

In considering the code of conduct of the surveyor, surveyor ought to be quote about the safety measure & precaution of the salvages with details of the ID's & Condition in state "as where is condition " in the surveyor report ( preliminary & or Final )

It is the problem of the Insurer for the lingerings of the issues for the hike of parking charges where surveyor have no role at all.

We are in crisis of the open data source of the salvation / valuations and we are grateful with some of our brother like Mr. Naresh / Mr. Piyush Singhal, who have extended their hand in support of our faternity and if IIISLA will support for it we will be sure that we can through out the such practice of the collection of  the quotation of the salvages from the unsecured source.

 

Members can avail for such valuation on

 

http://skcmspvtltd.org/valad/motval.aspx

 

it is our please to go for FAQ

 

with regards

Sanjay Shaw

98310 85519

 

[KB Manchanda]

DEAR MR KUKKAR

LIABILITY OF THE INSURERS ON TOTAL LOSS BASIS IS IDV - EXCESS IN
MOTOR POLICIES. THE ESTIMATION CHARGES AND THE TOWING ARE NOT TO BE
CONSIDERED AT ALL EXCEPT IN CASE WHERE ADDITIONAL TOWING / RECOVERY
CHARGES ARE COVERED. HOWEVER, THE RECOVERY CHARGES AS STIBULATED IN
THE BASIC POLICY HAVE TO BE COVERED WHILE ASSESSING THE LOSS ON
REPAIRS BASIS.

KB MANCHANDA

On Dec 23, 8:42 pm, Naresh Kukkar <nku...@gmail.com> wrote:

[bhaskara kumar]

Dear Naresh Kukkar
Wish U all my brother Surveyors A HAPPY & MERRY CHRISTMAS AND NEW YEAR

In all cases the Parking charges are not payable to the repairer if
the claim settled fast or with the time limit, there is no need to
pay, If the case that the calim is not settled even for year or months
together the fixed charges may not bbe accepted by the repairer.
Hence, it is the case of varaible depending upon the settlement
authority to settlement the claim fast and negoting the repairer if
the case is requires negotiations.
We will cooperate with the insurer for amicable settlement on either
sides

Bhaskara Kumar K
Surveyor & Loss Assessor

Andhra Pradesh
98481-22422
99483-22422
99486-22422

[Surinder Mohan Verma]

DEAR FRIENDS,
 
IN MY OPINION, THE ESTIMATE OF LOSS IS TO BE SUBMITTED BY THE INSURED AT HIS ON COST. THERE IS NO QUESTION OF RECOMMENDING THE ESTIMATE CHARGES. MOREOVER, IN CASE OF TOTAL LOSS, THE INSURER'S LIABILITY IS LIMITED TO IDV. AND THE INSURED IS RESPONSIBLE TO KEEP THE WERECKED VEHICLE INTACT AND HANDOVER THE INTACT WEREKED VEHICLE TO THE INSURERS PRIOR TO SETTLEMENT OF CLAIM. ACCORDINGLY, THE PARKING CHARGES ARE AGAIN THE RESPONSIBILITY OF THE INSURED.
 
PLEASDE COMMENT.
 
SURRINDER MOHAN VERMA
ABOHAR
09417079248
 
> Date: Thu, 24 Dec 2009 19:22:59 -0800
> Subject: {Surveyors:3412} Re: Estimate and parking charges in case of total loss
> From: bhaskar...@gmail.com
> To: insurance...@googlegroups.com

[Orissa Insurance Surveyors Welfare Scociety]

You have rightly pointed Mr. Verma

The incurred costs like estimate charges, parking charges, etc to be borne by the insured which doesn't constitute part of incurred cost for repair/re-instate of the damages/loss.

--
With Thanks & Regards

G.P.Mishra
Secretary, OISWS,
Ph.: +91-9853940488