Home |RTO works | If the vehicle is stolen and the owner took the claim from an insurance company, and the insurance company can sell the vehicle directly owner to some other person without transfer in the name of insurance company?

If the vehicle is stolen and the owner took the claim from an insurance company, and the insurance company can sell the vehicle directly owner to some other person without transfer in the name of insurance company?

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Vivek Vivek
Answered on March 16,2020

No, if the vehicle not recovered by police authority and the insurance company paid the claim to the vehicle owner then the insurance company must transfer the vehicle in the name of the insurance company. The insurance company can be sale to an open market if the vehicle is not the superdari nama/ surety.

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