I have purchased TVS Scooty Streak Jan 2011 from Bangalore, Ramamurthynagar TVS Branch, I got this insurance from the showroom. till now I have not claimed any thing, but for every year they are reducing my vehicle value, but insurance amount is increasing around Rs. 50 on every year.
As I have other vehicles that have other insurance companies they are giving 20% discount on every year if we not claim any insurance.
But Shriram insurance they are fully cheating people. they are reducing the value of vehicle and increasing the price of insurance every year.
The numbers provided in the insurance copy no body picks up the calls, I have tried many times, you can imaging then if you have to claim then to whom you will call.
My insurance is going to lapse on this 8th Jan 204, but because of their cheating I am going for 3rd party insurance or I will go for any other company.