Motor insurance claims: Report theft quickly to aid investigation, recovery
Last Update Date: 06-10-2026
Published by Business Standard
Abhishek Kumar's role: Quoted
Abhishek Kumar pointed out that delayed reporting can cost the insurer a chance to step in early and limit damage, and that delays may also raise suspicion of fraud.
More of Abhishek's views on insurance
Citing an NCDRC ruling that late theft intimation to the insurer need not void a claim if the police were told promptly, the article still stresses quick reporting. It lists the documents needed for theft and accident claims, typical settlement timelines, common reasons for rejection and the escalation path through IRDAI and the ombudsman.
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Motor insurance claims: Report theft quickly to aid investigation, recovery