One of the most lucrative benefits of having a proper car insurance policy is the cashless garage policy. It offers a lot of remunerations to the customer which is briefed in-depth in this article. If you still haven’t got a proper car policy, make sure you get the best car insurance for your vehicle.
What is a cashless garage policy?
The cashless garage policy is a specific method offered by your insurance car policy provider that provides cashless car repair and damage reversal services to their customers. To facilitate this, the insurance companies have tie-up with a network of garages. By availing of this service, you need not pay a penny out of your pocket, the whole repair cost will be covered by your car insurance provider. The amount will directly be settled in the garage by the insurance company.
How does it work?
When you inform your insurance car policy company about the damage incurred to your vehicle, they send a representative to assess the damage. In case, if you require garage repair, they send your vehicle to the nearest partnered cashless garage service. Once you have submitted your documents and proofs, the claim will be cleared, and your vehicle will be processed for damage reversal at the garage.
Here, the garage will directly send the invoice to the car insurance company, and they will settle the amount. The policyholder doesn’t have to pay any amount in this process. However, in this process, the necessary deductible and depreciation value will count.
How beneficial is it?
Having a proper cashless garage service policy is very beneficial. You do not have to go through the hassle of searching for the best garage to get your car repaired. The car policy insurance company will take care of that. It is very convenient and the easiest way. No extra issues of paperwork or invoice estimate. The quality of the repair will also be spot-on because of the involvement of the car policy insurance company.
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