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HomeEducation Education Car insurance claim rejection reasons: #5 Insurance not transferred Car insurance claim rejection reasons: #5 Insurance not transferred

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Car insurance claim rejection reasons: #5 Insurance not transferred

Car insurance claim rejection reasons: #5 Insurance not transferred

Saturday, May 13, 2017, 3:19 PM
Suppose one bought a second-hand car. The car had a valid insurance with it. Most people think that this is all. But it is essential to transfer the policy from old owner to the new owner. Forgetting to transfer insurance policy after buying used car will lead to claim rejection. The insurer can reject your claim if owner and policyholder is not the same.
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