Insurance company pays for tardiness
By Zhao Wen |
October 27, 2011, Thursday
|
Print Edition
Print Edition
AN insurance company that delayed in making a vehicle loss assessment after an accident was ordered by Shanghai No. 1 Intermediate People's Court yesterday to pay more than 40,000 yuan (US$6,288).
Jinda Company said it insured a vehicle on a one-year policy in June 2009. At the end of September 2009, a driver, surnamed Li, reported an accident involving the vehicle to the insurance company, which was not named.
However, the insurance company delayed in making a damage evaluation report.
Jinda needed the vehicle, so had repairs done and got an independent assessment.
The insurance company refused to compensate, claiming that the assessment was invalid since the vehicle had been repaired.
The court said the insurance company was responsibility, as it should have made a report within 30 days.
Jinda Company said it insured a vehicle on a one-year policy in June 2009. At the end of September 2009, a driver, surnamed Li, reported an accident involving the vehicle to the insurance company, which was not named.
However, the insurance company delayed in making a damage evaluation report.
Jinda needed the vehicle, so had repairs done and got an independent assessment.
The insurance company refused to compensate, claiming that the assessment was invalid since the vehicle had been repaired.
The court said the insurance company was responsibility, as it should have made a report within 30 days.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
