Advertisement

HindustanTimes Sun,21 Dec 2014

8 years after deluge, insurance co to pay Rs. 12 lakh for car repair

Kanchan Chaudhari, Hindustan Times  Mumbai, June 15, 2013
First Published: 10:06 IST(15/6/2013) | Last Updated: 10:07 IST(15/6/2013)

Eight years after the deluge of July 26, 2005, that brought Mumbai to a standstill, a city-based private firm will get Rs. 12 lakh from an insurance company for a 1995 model of Mercedes Benz E-220 that was severely damaged in the downpour.

Advertisement

The south Mumbai district consumer forum on Wednesday directed Oriental Insurance Company Limited to pay the insurance amount — with interest at the rate of 6% per annum from August 2005 — within a month to Hilton Builders and Textiles Private Limited.

The car was insured for Rs. 8 lakh. After the flood, the complainant sought estimates on repairs for the car from a Mercedes showroom in the city, and lodged a claim of Rs. 8.58 lakh with the insurance company. When the insurance company failed to pay up, the firm approached the consumer forum in June 2007, seeking the claim amount at 18% interest per annum and Rs. 2 lakh for mental anguish caused.

The insurance company said that after a thorough survey, they had found the complainant was entitled to only Rs2.94 lakh. They said they had offered the firm this amount, but it had not responded.

From the record submitted by the insurance company, the forum found that the surveyor had estimated the loss at Rs6 lakh, but Oriental Insurance had reduced it to Rs. 2.94 lakh without stipulating any  reasons.

The forum, therefore, held the insurance company guilty of deficiency in service.

The private firm will get additional sum of Rs. 8,000 towards cost of the litigation, but not the compensation.


Advertisement
more from Mumbai

Flab-trap: Cosmetic surgery post weight loss on the rise

IT professional, Anita*, 51, was ecstatic when she lost 15 kg in just five months. But, the sudden weight loss had ended up making her look much older. Last month, she borrowed money from friends to get a facelift at a clinic in Bandra. “I was tired of looking fat. My marriage and work life were being affected and that’s when I decided to lose weight. I nearly starved and lost all the extra kilos but I ended up looking much older,” said Anita, who spent Rs75,000 on the cosmetic procedure.
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved