I got my car insured by royal sundaram on 15/05/2010 . my vehicle met with an accident. I sent my vehcile to the authorised car dealer fo repairing and this was surveyed by royal sundaran insurance people also. my wdv value was Rs.150000. although the repairing value was around Rs.60000/- , the insurance people refused to pay, instead explained me , that as per some clause of the policy, they can pay only Rs.10000/.
I approached their office and sent many mails to their senior people but no result. finally I got repaired my vehicle and paid by myself. now I am planning to file a suit with IRDA and Royal sundaram grievence cell. Royal sundaram cheats people, collect premium money, but donot pay when the accident happens. I have decided to circulate this in news paper. I have informed to my friends not to think for royal sundaram.