Page 243 - Motor Insurance Ebook IC 72

Guide for Motor Insurance

the difference in charges i.e. the admissible cost of
repairs like depreciation, deductible and other unrelated
charges. The rest of the payment is made directly by
the insurers to the garages. Customers choosing not to
opt for such facility are then required to follow the
standard procedures.

Q 2. Write a short note on Motor Loss Survey Report.
Ans. The survey report would amplify the information
obtained in the claim form and also incorporate additional
information. There is no standardized form for survey
report, but the following information is expected in a
survey report:
i) Accident related:

a) Date of Occurrence, Time and Place: (street,
Road, Town) Under Policies Station:

b) Cause of accident:
c) Any special features:
d) No. of photographs attached:

ii) The Assessment of loss:
Repairer's Surveyor's Estimate/ Assessment
(1) Labour
(2) a) Parts
b) Less Depreciation (at....%)
(3) Excess, if any
(4) Salvage iii) Net Liability of Insurer-

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