Most insurance companies that provide car insurance policies today offer their customers a cashless network of garages. Health insurance plans started providing cashless hospitalization to the policyholders. This turned out to be such a great feature that even car insurance policies now include a cashless network of garages.

This facility has proven to be very useful to those who have had to use their insurance policy to settle a claim. If you are planning on buying a car insurance policy but do not know enough about cashless garages, let’s try and understand more about this feature:

How it works

When a car insurance policyholder has the cashless network of garages feature available in their insurance plan, they do not have to pay any bills when they take their car to the garage that their insurance company is tied up with. For instance, if you face troubles with your car and need to get it repaired, you can easily go to any of the garages that your insurance company is tied up with. Inform the insurance company about the damages incurred by your vehicle. Next, take all the necessary documents of the insurance policy. Once this is done, you do not have to pay for any of the services availed by you. The garage will settle the bill directly with your insurance company.

Only available at certain garages

Before you buy a car insurance policy offering a cashless network of garages, it is very important to know that you will not be able to have this feature at any garage you come across. The insurance company will have a list of network garages where you can enjoy a cashless transaction. This is why before buying a car insurance policy you should always check with the insurance company about their list of network garages. You can always visit the official site of the insurance company where you will be able to view a list of the garages where you can avail cashless services.

How it is useful

When your vehicle is damaged in an accident, you would need immediate assistance for its repair. In such a situation, you would first go to the garage, get the vehicle serviced, and then also have to worry about the bills for the services. This could all be a bit too much for someone who has just got their vehicle damaged. But here’s where a car insurance policy with a cashless network of garages can prove to be of great help. With such a policy, you do not have to worry about paying off any bills for the services at the garage. You just have to take the vehicle to one of the garages that have a tie-up with your insurance company and avail cashless facilities. This means your car will be repaired and the expenses will be dealt with directly between the garage and your insurance company.

We hope this article has been informative to you, all the best!