No insurance claim is admissible if a private car is given for commercial use. Here's why
- Mar 30, 2023
- 1 min read
“In the instant case, the policyholder had availed the car insurance policy for his personal use. However, going against the terms laid down while the car was being insured, the policy holder had subsequent hired it out for commercial purpose. The District Commission rejected the claim of insurance as the underlying insurance did not extend to cover risk associated with commercial use. In many cases, situations like this arise. Therefore, as suggested above, the policy holders must be careful of the extent of risk cover and the risks excluded in the policy document to avoid rejection of claims at a later stage," said Simranjeet Singh, Partner, Athena Legal.
This is an important clarification about insurance policies, especially for car owners who may not realize how strictly usage terms are applied. Using a private vehicle for commercial purposes can easily invalidate a claim, so understanding these conditions is essential to avoid unexpected losses and legal issues.
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