Case Law Analysis
|Uttarakhand High Court
Insurance Surveyor's Arbitrary Deductions Unjustified Without Salvage Value : Uttarakhand SCDRC Sets Precedent
Uttarakhand State Consumer Disputes Redressal Commission rules that insurers cannot impose standard deductions (e.g., 25% for 'disposal of goods') when fire destroys all stock, leaving no salvage. The ruling reinforces that loss assessments must align with actual damage, protecting policyholders from unfair claim reductions.