Originally Posted by madhu
hey guys i left my car in maruti service station today morning.
the scorpio driver gave me 5k now and he will give another 5k in evening as he stays near my house. i am also claiming for insurance.
Why are you taking money from him as well as claiming insurance. What you should do is ask your insurance company how much money you will loose on NCB? That is how much will your next years premium be if you claim and how much will it be if you don't. Then if you make a claim how much will you have to put from your pocket. Ask the Scorpio guy to only pay that amount.
For example (Random figures use for purpose of explaining):
Cost of repairs: 10000
Amount paid by insurance: 7000
You pay: 3000
Next year premium without claims: 6000
Next year premium with claims: 6500
Extra premium paid because of claiming insurance: 500
Actual amount put from your pocket: 3500
This is the amount you should take from him.
The guy has been decent enough to offer to pay. I think you should also do the right thing and take only the correct amount from him. After all it was an accident. He didn't intend to damage your car. This way both will be happy.