came to the conclusion that since the vehicle was insured for the
Insured Declared Value, to the tune of Rs.2,88,000/-, the liability ... liability of the insurer was to the tune of Rs.2,88,000/- i.e.
the Insured Declared Value. He further submitted that, as such
respondent/complainant on non-standard basis of Insured Declared
Value of the vehicle.
// 10 //
17. Document A/2 is the copy of insurance policy ... insurance
policy, the insured declared value of the vehicle is mentioned as
Rs.10,50,000/-. In the first information report (document
same insured,
with Opposite Party No.1, for the period from 25.04.2011 to the midnight of 24.04.2012,
for the Insured Declared Value ... insured with them, by the complainant, for the period from 25.04.2011 to the midnight
of 24.04.2012, for the Insured Declared Value
insured by the complainant from the Opposite Parties, for the period from
19.3.2011 to 18.3.2012 for the Insured Declared Value ... Admittedly, the car was declared as a total
loss. The amount of Rs.3,77,135/-, being
the Insured Declared Value has already been received
respondent/complainant on non-standard basis of Insured Declared
Value of the vehicle.
// 12 //
17. Document - 2 is the copy of insurance policy ... insurance
policy, the insured declared value of the vehicle is mentioned as
Rs.50,000/-. In the first information report (document 3), the value
same insured, from the Opposite Party, for
the period from 18.02.2011 to 17.02.2012,
for the Insured Declared Value of Rs.13,25,000/-, vide Policy ... same insured, from
it, for the period from 18.02.2011 to 17.02.2012, for the Insured Declared
Value of Rs.13,25,000/-, vide Policy Schedule
repairs was shown as Rs.10,56,348/- against the Insured Declared Value (IDV)
of Rs.7,20,000/-. It was further stated that since ... being the Insured
Declared Value of the vehicle, alongwith interest @18% per annum
w.e.f.15.04.2011, Rs.2,00,000/- as compensation
same insured from the Opposite Parties, for the
period from 08.07.2011 to 07.07.2012, for the insured declared value of
Rs.3,73,269/-. The complainant ... Maruti Swift Dezire VDI
Car, insured from them, for the period from 08.07.2011 to 07.07.2012, for the
insured declared value
question, got the same comprehensively insured with them,
for the period from 11.06.2010 to 10.06.2011, for the Insured Declared Value ... question, was of 2003 Model, which was got comprehensively insured, for the Insured
Declared Value of Rs.1,60,000/-, by the complainant. When
surveyor
recommended the deduction of Rs.25,000/- from the insured declared
value. The value of the wreck to be retained by the complainant ... which was the declared insured value. It is to be noted
that the said value of the car was declared on the day when
