New car costs Rs 7.5 lakh; post-flood repair in Kerala amounts to Rs 15 lakh

Repairing a flood-damaged car in Kerala now costs twice as much as the vehicle itself, residents find.

Published: 06th September 2018 01:05 AM  |   Last Updated: 07th September 2018 11:21 AM   |  A+A-

Kerala rains Kerala floods

The government is looking for solutions on faster construction technologies and weather-resistant models (File | EPS/Manu Mavelil)

Express News Service

KOCHI: Little did Kochi resident Philip Freddy know that the perception of German cars being expensive post sales would come true right after the great deluge when an official estimate to repair his flood-ruined 2015 Volkswagen Polo came up to Rs 15 lakh. 

For reference, the ex-showroom price of a new one is around Rs 7.5 lakh. The car, which has run 28,000 km and insured ‘comprehensive’ by a public sector company, is likely to be written off as “total loss”.

In that case, Freddy is likely to get only its insured declared value (IDV) of Rs 3.5 lakh as compensation.

ALSO READ | Kerala government’s method of fixing flood compensation raises eyebrows

“It’s ridiculous that for repairing a flood-ruined car, it costs twice as much as the vehicle itself,” said Freddy. “Even if I wanted to repair my car post the insurance settlement, it’s just impossible to bear the cost,” he added. With respect to lower IDV on his car, Freddy said he had enquired with insurance officers while renewing the policy why a barely three-year-old car, which easily has a market value exceeding Rs 4.5 lakh, is valued so low.

Asked to pay hefty sum
Edappally resident Rakesh Nair fell victim to a cruel joke when he sought to get his flood-hit Innova Crysta repaired. For he was asked to pay a hefty sum just for the dealership to start working on his car. Rakesh alleged it was because he refused to tow the company line by not taking the insurance offered by the Nippon Toyota dealership at Kalamassery.


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp