Page 425 - Motor Insurance Ebook IC 72
P. 425
Guide for Motor Insurance
Total Assessment of spares after Rs. 11,260/-
depreciation (9,010 + 2,250) Rs. 500/-
Less Salvage @ Rs. 500 lumpsum
Assessment of spares after depreciation Rs. 10,760/-
and salvage
Assessment of Repair charges
S. Description Nature of Nature of Claim Assessed
No. damage work to be Rs. Rs.
carried out
1. RH Rear door dents Beat-out 600 600
Dents
2. RH Rear door dents Painting 2500 2500
3. Removal/refitting/ --- --- 1000 1000
Mechanical Charges
4,100 4,100
Adjustment of Loss Rs.
10,760
A. Assessment against spares (net) 4,100
B. Labour Charges
14,860
Less Excess (since CC of engine is below 1500) 500
14,360
Claim Payable : Rs. 14,360/-.
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