|
 |
|
Physical and mental anxiety |
| |
 |
Agonizing
wait, with no guarantees of recovery |
| |
 |
Personal
expenses, lawyer fee etc. |
| |
 |
Loss
of valuables left behind in the car |
| |
 |
Travelling
expenses, car rentals, public transport etc |
| |
|
|
| |
 |
Up to 4 months
wait for insurance claim to materialize |
| |
 |
Loss of paid
premium, registration, capital value tax etc |
| |
 |
Depreciation
value deducted from payments |
| |
 |
Increased premium
to re-insure vehicle |
| |
|
|
| |
 |
Complicated
FIR process |
| |
 |
Myriad of paperwork |
| |
 |
Repossessing
vehicle used in interstate crime may take years |
| |
|
|
| |
 |
Time consuming
court procedures |
| |
 |
Bank guarantees
required by court |
| |
 |
Recovered vehicle
pending court decision, may not be sold |
| |
 |
Court permission
to dispose off recovered vehicle |
| |
|
|
| |
 |
Cost of replacing
leased vehicle |
| |
 |
Increased prices
render trade-in with new vehicle unfeasible |
| |
 |
Cost of registering
the replacement vehicle |
| |
|