Understanding Car Insurance Coverage for Side View Mirrors

Types of Car Insurance Coverage

The type of policy you possess will determine the extent of coverage you have for side view mirrors on your Car Insurance.

 

Comprehensive Insurance

Comprehensive insurance is the most extensive coverage and typically covers side view mirrors under "own damage." The Own Damage component of a Comprehensive Car Policy includes:

 

• Accidental damage

• Vandalism or theft

• Natural calamities, explosions, and fire

• Civil unrest and rioting

 

For instance, if a speeding bicycle hits the side view mirror of your parked car, your comprehensive insurance coverage will likely cover the cost of replacement or repairs.

 

Check the terms of your insurance carefully, though, as some insurers might require an add-on for mirror coverage.

 

Collision Coverage

Collision coverage, also referred to as Standalone Own Damage (OD) Insurance, insures your vehicle against damages brought on by:

 

• Collisions and accidents

• Natural disasters (earthquakes, floods, etc.)

• Explosions or fire

• Vandalism or theft

 

Let's say you smash the sideview mirror when you misjudge a curve and scrape your car on a wall. If you have collision coverage, your insurance will cover the repair expenses after the deductible.

 

Since 2019, IRDAI has permitted car owners to purchase a Standalone Own Damage (OD) coverage separately—as long as they have a valid Third-Party Insurance Policy.

 

Third-Party Insurance and Side View Mirrors

Third-party insurance does not cover damages to your car, including side view mirrors. It only covers liabilities for injuries or damages you cause to others.

 

For example, if another motorist collides with your car and breaks your side view mirror, their insurance ought to cover the cost—provided they have an active insurance policy. If not, you will have to cover the cost of repairs yourself unless you have Comprehensive or Own Damage coverage.

 

Factors Affecting Coverage

Several criteria determine the claim amount, even if your insurance policy covers side-view mirrors.

 

Deductibles

The amount you pay before your insurer pays the rest of the bill is known as your insurance deductible.

 

For instance, if the cost of replacing your side view mirror is ₹6,000 and your deductible is ₹2,500, you will pay ₹2,500 and the insurance company will pay ₹3,500.

 

If the repair cost is slightly above your deductible, paying out of pocket is a better financial decision than filing a claim, which could affect your No Claim Bonus (NCB).

Policy Limits

There is a cap on how much your Car Insurance will pay for damages. Certain auto parts, such as side-view mirrors, are subject to coverage limitations from certain insurance companies.

 

Before submitting a claim, review your insurance papers to understand your coverage limitations.

 

Filing a Claim for Side View Mirrors

Here's how to make a claim if your Car Insurance covers damage to your sideview mirror.

 

Steps to Take

• Report the damage: Inform your insurance company right away. File a formal complaint at the closest police station if the damage was caused by theft or vandalism.

• Take pictures: Capture clear images of the damaged side view mirror from different angles so that you can provide your insurance company with proof.

• Get repair estimates: Visit an authorised car service facility for an estimate of the cost of repair or replacement.

• Submit a claim: Fill out the insurance claim form with all of the necessary documents.

• Await approval: After reviewing the claim, your insurer will decide whether to approve it or deny it in accordance with the conditions of your policy.

 

Insurance Company Procedures

After you submit a claim, your insurance provider will:

 

• Verify the coverage of side view mirrors under your policy.

• Assign a surveyor to examine the damage, if required.

• Approve or deny the claim depending on the findings.

 

Always provide accurate and comprehensive information to guarantee a straightforward claim procedure.

 

Cost Considerations

Even if your Car Insurance covers side view mirrors, there might still be costs involved.

 

Out-of-Pocket Expenses

If the cost of repairing your side view mirror is lower than your deductible, you’ll have to pay for it yourself. It may not be advantageous to file a claim under such circumstances.

 

Repair vs. Replacement

Is it better to replace or fix your side view mirror? Think about the following:

 

• Repairing is cheaper: Repairing minor damage and cracks can often be done for a lesser price.

• Replacing ensures safety: The mirror must be replaced if it is broken or impairs visibility.

• OEM vs. aftermarket parts: Insurance might only cover original equipment manufacturer (OEM) parts, which can be pricey.

 

Conclusion

A broken side view mirror might seem minor, but it can be costly to repair or replace. If you have comprehensive or collision coverage, your Car Insurance would most likely cover the cost, subject to deductibles and policy limitations.

 

Shriram Car Insurance provides affordable policies for those seeking reliable protection that cover side-view mirrors, accidental damage, and more. With our Comprehensive Car Insurance, you can enjoy the perks of a cashless repair network and a quick claims process. We make sure your repairs are handled fast and hassle-free!

 

Always check your Car Insurance to see if side view mirrors are covered before a problem arises. Contact your insurance provider for clarification if you're unclear.

 

FAQs

1. Does Car Insurance cover side mirror damage?

Yes, your side view mirrors are covered if you have comprehensive Car Insurance or collision coverage. If your insurance is limited to third-party coverage, you will be responsible for covering the cost of the repairs.

 

2. What if my side view mirror is stolen?

If you have comprehensive coverage against theft, you may be eligible for a replacement. However, certain insurers require an FIR or other supporting evidence before approving the claim.

 

3. Will my premium increase if I make a claim for a damaged side view mirror?

Yes, making a claim could have an effect on your No Claim Bonus (NCB), potentially increasing your renewal premium. To keep your NCB discount, consider paying out of pocket if the repair is affordable.

 

4. How can I prevent side-view mirror damage?

Drive carefully in confined places, park in safe spots, and fold your mirrors while parked. Protective coverings can also prevent scratches and other small damages.