Every contemporary car is guaranteed to include engravings of the letters ‘SRS’ on the dashboard facing the passenger and steering wheel. This abbreviation refers to the “Supplemental Restraint System,” which is another name for airbags. Therefore, contrary to how they may sound, airbags are not the primary safety systems; rather, they are the additional safety systems that are checked for during the car insurance process.
In a collision, the passenger and the driver can remain in the same position thanks to seat belts, and airbags can adequately support the head. Because of the critical nature of airbags, they have the potential to quickly avert catastrophic injuries or even save a person’s life in certain scenarios. Thus, they play a very crucial role in ascertaining car insurance premiums.
Do Insurance Policies Typically Include Coverage For Airbags?
Comprehensive and third-party liability insurance plans are the two primary categories of automobile coverage from insurance companies, like Bajaj Allianz 4-wheeler insurance, available today. The first type covers any loss or damage to a third party that your vehicle causes, regardless of the circumstances; the second type covers not only third-party losses but also your own losses in addition to those of the third party.
However, even comprehensive insurance plans do not always provide coverage for every possible contingency. It does not include the expense of depreciation, which is the precise name for the cost of your vehicle’s typical wear and tear. The following formula is applied to find the rate of depreciation:
- There is no price reduction for any glass-made components of the car.
- A depreciation of thirty per cent on all of the fibre-glass components in the automobile
- Depreciation rates of fifty per cent are applied to car items that are made out of plastic or rubber, such as batteries, tyres, lubes, airbags, and plastic, among other examples. *
Therefore, Under What Circumstances Does The Insurance Company Pay For Airbags?
Replacement of airbags is typically covered by insurance, although the specifics of this coverage are determined by the specifics of the accident. If you’re responsible for causing a collision, your insurance carrier is obligated to pay for and make repairs to or replace damaged airbags. These car insurance benefits exist as long as you have collision coverage included in your auto insurance.
Suppose the other motorist (the one with whom you crashed) is found to be at fault for the accident. In that case, the other driver’s insurance policy will pay for your medical bills & other accident-related costs, including the cost of replacing your airbags.*
What Should You Do If The Airbag Doesn’t Go Off? Is It Too Late To Make A Claim On My Insurance?
The likelihood of something occurring is extremely low. On the other hand, if the airbag doesn’t deploy, it indicates that there is some kind of problem with the system. In addition, if you can provide visual evidence to support your claim, then your car insurance company will be required to pay out on the claim.
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*Standard T&C Apply
Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.
