How Important Is Cashless Garage Facility In Car Insurance Policy?

Based on the concept of cashless treatment in health insurance, car insurance has included a cashless garage facility. Similar to how you can avail medical treatment without spending any money, cashless garage facility allows you to get repairs in the case of an accident.

Due to the unparalleled convenience it offers, the feature has gained immense popularity among policy buyers within the short time that it has been around. Most of the leading names that you will find in the car insurance sector will offer this service. However, this facility and its terms and conditions can make or break a policy for a buyer. This means, it has gained a lot of importance in the act of buying car insurance and should be focused on.

How does the cashless garage feature work?

While you may know about the feature of cashless garages, knowing how it works is a different story.  Most insurance provider offer this facility with their car insurance policies. Each insurance provider has a list of garages in a certain region that you can avail this facility at. These garages have a tie-up with the insurance provider to offer policyholder the service of prompt repairs. Hence, at the time of buying a policy, you to check whether the provider offers the facility or not and how may garages does the insurer have into partnership.

In the instance that you meet with an accident, the first thing you should do is to contact your insurance provider to inform them of the incident. Your insurance provider will get the necessary formalities underway to process your claim.

Before your claim is approved for cashless repairs, the insurance provider will inspect the damage and its cause. They will also look into your policy’s terms and conditions. Once, your claim is approved, you can avail cashless repairs at a garage authorized by the insurer.

What are the benefits of the feature?

Every product you ever buy has its list of features. However, the thing you need to focus on is how these features can be useful to you. Because, if any feature does not offer you any benefit, making a purchase based on that is a waste of money. This is especially true in the case of car insurance. Any feature you buy the policy for, turns into unnecessary coverage if it is not relevant to what you need.

Cashless garages are a blessing for anyone that cannot get money for repairs immediately after the accident. It allows you to sit back and relax while the insurance provider takes care of your repairs, in addition to the claims processing. Here are a few benefits of a cashless garage facility:

• Puts you at ease

An accident is always sudden. Hence, it can end up taking a physical, emotional, and mental toll on you. Moreover, it puts you in a financially bad position which only adds to the stress. In such a time, having to arrange cash so that the insurance company can move the process of getting repairs done underway is the last thing you want. Hence, cashless garage facility puts both your mind and your pocket at ease.

• Quality service

Most car insurance companies are very stringent when it comes to the quality of service they offer to their customers. Hence, they want to make sure that quality of service extends to the repairs of your vehicle along with the claims processing. The garages that tie-up with insurance companies have a standard of quality service. Insurers make sure that these garages are up to that same standard for every customer.

• Smooth process

A cashless garage facility affects more than just your repairs. It streamlines the entire process from making a claim to driving out with your car good as new. After you have made the claim, your insurance provider will communicate with your garage regarding the required work. Moreover, this means that they will also deal with the documentation of the process and then pay for the repairs required.