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Floods damage 50,000 vehicles in Srinagar
10/14/2014 11:01:24 PM
Bashir Assad

Srinagar, Oct 14: Near about 50,000 private vehicles are lying outside showrooms and workshops in Srinagar for repairs which got damaged during devastating floods that hit the state on September7.
According to the show room and workshop owners more than 50,000 private cars of all brands have been damaged in devastating floods in Srinagar city alone.
Thousands of damaged cars are lying outside show rooms along Pantha chowk-Parimpora bypass.
Thousands more are in cue awaiting repairs in workshops.
According to mechanical engineers flood waters have blocked engines of most of the vehicles as such the vehicles need complete overhauling which is a very time consuming process. They say that due to tedious insurance claim procedures, the repairing process is very slow.
A show room owner on Hyderpora bypass said around 10,00 vehicles have been repaired so for while thousands are in cue for overhauling.
Owners in thousands have got repaired their vehicles without insurance claims.
"Insurance companies are making it difficult to settle the claims that are why people are paying out of their pockets for overhauling their vehicles in workshops" Rayees Ahmad who owns a Swift Dezire said. More than 50000 vehicles including 5000 government vehicles are still off the roads which have been damaged in floods.
Reports suggest that insurance companies are still undecided about the floof-damaged vehicles.
It will take 2 to 4 months to settle the claims. Insurance companies do not have the manpower to coup with the emergency situation like this.
On the other hand there is no clear cut direction from insurance corporate houses to the local branches as to how to settle the claims for damages caused due to floods.
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