Page 333 - Motor Insurance Ebook IC 72
P. 333
Guide for Motor Insurance
Area of operation , zone of registration
Make, model, year, engine and chassis number carrying
capacity.
The color of the vehicle and its mileage readings.
Additional fittings installed.
Persons driving the vehicle, age, their experience,
license particulars of owner, other regularly driving the
vehicle and regular employed driver.
Coverage- the insurance coverage taken with all add-
ons and deductions. Each field is captured separately.
Value of the vehicle, and all additional fittings,
individually. Premium charged and discounts allowed.
With the underwriting data computerized the claim
process has also to be linked. The claims process too
has been computerized from the time of intimation of
the loss to its settlement all are recorded and tracked.
This monitoring has speeded up the claim settlement
process.
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