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B to B Insurance: Reliance claims 10% as salvage. Is this common?

Discussion in 'Insurance & Loan Reviews' started by limraj, Sep 22, 2016.

  1. limraj

    limraj Esperto

    Trivandrum / Bangalore
    Linea 1.3
    Hi All,

    My car had an accident when my friend slept at the wheel. He did not even have a scratch, but front right tyre hit a concrete structure and the nearby parts (suspenion, panel, tyre etc) were damaged.
    My insurance is with Reliance General Insurance, bumper to bumper one.
    However, they have reduced 8K as salvage from the claim, apart from consumables and 50% of tyre cost.

    When I discussed with insurance surveyor, he mentioned that 10% is deducted for the metal parts that are changed as salvage (no salvage for plastic parts).

    Have anyone experienced the same with Reliance or any other insurance?
    Is it a common practice to reduce 10% as salvage??
  2. bibin

    bibin Regolare

    my front radiator was changed as the leg was broken and i believe they deducted 10%.
    insurance was b2b united india.
  3. asimpleson

    asimpleson Esperto

    Linea 1.3
    Don't they take back salvage and dispose it off. :confused:

    In which case service center should ideally help disposing off or give parts for self disposing or reduce in bill.

    @ghodlur please comment.
  4. limraj

    limraj Esperto

    Trivandrum / Bangalore
    Linea 1.3
    Thank you @bibin , @asimpleson
    I have come to terms of 10% salvage amount.

    I'll give a try if I can save something of the disposal thing, though not very hopeful.

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