Insurer ordered to pay Rs 70 lakh after owner's burnt BMW claim was denied

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A BMW owner left his car on a highway overnight after it suffered a puncture. The vehicle was discovered completely burnt the following morning. The police and fire department officially recorded the incident. The insurance company had denied the claim for the car, which had an insured value of Rs 70 lakh. The insurance commission has now ordered the insurer to pay the full amount to the policyholder.

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