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Motor Fleet Insurance Claim Short-Settled

When a motor fleet insurance claim is short-settled, the insurer pays less than the actual repair or replacement cost. This can impact business operations. At Authentic Insurance Brokers India Limited, we help you challenge underpaid claims and ensure your fleet receives the rightful compensation it deserves.

What Does a Short-Settled Motor Fleet Insurance Claim Really Mean?

A short-settled Motor Fleet Insurance claim occurs when the insurer pays less than the actual cost of repairing or replacing damaged vehicles in a fleet. These shortfalls often result from depreciation deductions, policy limitations, partial damage assessments, or inadequate documentation. For businesses dependent on their fleet for operations, such underpayments can lead to delays, financial strain, and loss of productivity. At Authentic Insurance Brokers India Limited, we help clients understand the reasons behind short-settled claims, review all documentation, and engage with insurers to secure a fair and justified settlement. We ensure your losses are properly evaluated and compensated.

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Anjali

After multiple vehicles were damaged, we relied on our fleet insurance to cover the costs—but the claim payout fell far short of what was needed for full recovery.

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Sachin

Even though we had Motor Fleet Insurance coverage, the claim amount barely covered the actual repair costs and the operational downtime we faced after the incident

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Omkar

We thought our fleet insurance had us fully covered, but when the claim was underpaid, we didn’t know how to dispute the decision or where to begin.

FAQs

How does know your policy feature work ?

All you need to do is to fill in a few details and upload your policy. Our AI-enabled platform scans through your policy document, which will help you find missing information, errors, and inconsistencies in your policy.

Quality check will help you understand the problems associated with your insurance policy and give you a drafted email that you can send within seconds.

We enable you to send pre-drafted email to your insurance company to get your details updated & rectify the mistakes