What must happen for a claim to the MIB regarding property damage?

Prepare for the CII Certificate in Insurance - Motor Insurance Products (IF5) Exam. Dive into detailed questions and explore insightful explanations to boost your understanding. Excel in your exam preparation process.

For a claim to the Motor Insurers' Bureau (MIB) regarding property damage, notifying the police within a specified timeframe is crucial. This requirement helps establish a formal record of the incident, which can support the claims process. Reporting the incident to the police within 5 days is essential because it verifies the circumstances surrounding the accident and confirms the involvement of the uninsured or untraced driver. This police report often serves as necessary documentation that must accompany the claim to the MIB, ensuring that the claim is processed efficiently and accurately.

The other choices generally reflect procedures or conditions that do not specifically pertain to the MIB's requirements for property damage claims. For instance, submitting a claim within 7 days is not universally mandated, and the necessity to wait for 30 days before filing is also not a standard requirement. The condition regarding the availability of the responsible driver’s insurer is relevant in some contexts, but it isn’t the defining criterion for initiating a property damage claim with the MIB. Hence, timely police notification is a critical step in this process.

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