Posts tagged: riot and strike cover

Noida Workers Protest: The movement of factory workers, who were protesting in Noida for the last 4 days regarding various demands including salary hike, became more violent on Monday (April 13). Factory workers have taken to the streets in many industrial areas and the protests have taken a violent form. There have been reports of stone pelting and arson at various places. Angry factory workers set some vehicles on fire, creating an atmosphere of chaos. There is heavy traffic jam on the roads. Police is trying to control the situation, but due to this violence there is tension in many parts of the city.

Will vehicle owners get the benefit of insurance?
The biggest question is, what will happen to those whose vehicles fell victim to this uproar? The answer depends on the type of insurance policy you have:

• Comprehensive Insurance: If you have a 'comprehensive' policy, you will definitely get compensation for the loss. Losses caused by 'riots and strikes' are covered in this policy. You can claim in both cases of arson and vandalism.
• Third Party Insurance: If your vehicle has only third party insurance, you will not get even a single penny. This policy only compensates for damage caused to others, not to your vehicle.

What will need to be done?
Police FIR is the most important document for claim in case of riots or arson. Be sure to take photos and videos of your burnt or broken vehicle at the scene. Inform your insurance company immediately. Delay may result in claim rejection. If the policy does not include the cover of 'riots and strikes' then the insurance company may reject the claim. Therefore, read the terms and conditions of the policy.

Give correct information to the surveyor
If the insurance company feels that you intentionally drove your vehicle into the crowd or instigated violence, the claim may be rejected. Therefore, give correct information to the surveyor.