I had been to an Bajaj allianz motor insurance office to get my RX 135 insured, they are out rightly denying to insure the vehicle, the reason when asked for they are claiming that it is an official order, when i insisted they gave me the reason that if there is any claim the spares are costly, claim cost will be more hence they do not insure old model vehicles.
If that is the case they do not have the logical rights to continue as an organization as it is like cheating the motor industry, in sense they want only income and they are not ready to compensate the consumer even though it is an case of 1 in 5000 consumer. Then there is no meaning left of motor regulatory dept making an law that insurance is a must for all vehicles plying / owned.
Any thing can be done for this kind of attitude by an Insurance company.
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