In case my vehicle is sold and an accident occurs while the policy is in the process of being transferred, would the new owner be eligible to file a claim?
The new owner of a vehicle is eligible to file a claim on the car even if the insurance is still in the process of being transferred to him/her.Apnainsurance.com Research Bureau
29 Nov 2007
Yes,
the new owner is eligible to file a claim. The only condition is that the
request for transferring the car insurance policy should be received by the insurance company
before the accident has occurred.
See also:
What is Malus?
What is No Claim Bonus?
On sale and transfer of a vehicle, what happens to the Bonus/Malus?
What if I have sold my vehicle and the insurance policy will still take a few months to expire. Can I transfer my insurance policy?
Relevant FAQs:
What if I have a hire purchase or hypothecated vehicle that is stolen; who is eligible for the claim?
What if I have an accident with an uninsured vehicle? What is the extent to which I am covered?
What happens if there are two insurance policies simultaneously existing for one vehicle?
If there is a dispute regarding the claim settlement between the insured and the insurer, how is the dispute resolved?