Car Insurance Add-ons: Lifesavers during monsoons
If you live in a flood-prone area or areas where even a little rain can cause havoc on the road, make sure to invest in these useful add-ons while buying or renewing car insurance. These add-ons can save you from unexpected expenses you may incur if your vehicle sustains damages due to rains.
Engine Protection Cover: Shielding the Heart of Your Car
Waterlogging is the major reason for causing damage to the engine and car parts. It may cost you thousands to get your engine repaired in such scenarios.
With an Engine Protect add-on, you can get compensation to repair or replace the damaged engine due to water ingression. This cover acts as a shield that protects the heart of your car and ensures that you can continue your journey without any hiccups.
Zero-depreciation Cover: Maintain the Beauty of Your Car
Also known as bumper to bumper cover, this add-on is very important to prepare your car during the monsoon season as the chances of damage due to rain or slippery roads are higher during the monsoon season.
Usually, when the car or its parts sustain damages, the depreciation cost is not covered, making you pay for this depreciation amount. With a zero-dep add-on, you can easily get compensated for the full cost of repairs or replacements without considering depreciation.
Roadside Assistance Add-on: Knight in Shining Armor
Rains are not beneficial for our four-wheelers. There can be accidents when our four-wheeler breaks down between the road and becomes immobile due to rain. In this case, roadside assistance coverage can be very helpful.
By purchasing this add-on, you can get roadside assistance whenever your vehicle breaks down in the middle of the road. A repair person will be sent to your location to repair the damage. Services like fuel support, flat tyre assistance, basic towing, etc. are offered under this cover.
Return to Invoice Add-on: Zero Financial Setback
The return-to- Invoice add-on is beneficial when your vehicle is a total loss due to theft or damage beyond repair. Usually, when a car is a total loss, the insurance company will only compensate only the IDV value of the vehicle, which is equivalent to the depreciated value of the showroom price.
But if you have this add-on, you will receive the full invoice value (market value) of the car when you settle the claim, saving you any financial loss.
Consumables Add-on: Fueling Your Car's Well-Being
While driving in heavy rain, your car's consumables such as engine oil, coolant, and brake fluid may deplete faster than usual. Comprehensive car insurance does not cover any repair or replacement of these consumable parts.
Therefore, buying consumables cover becomes essential during the monsoon season. This cover keeps your vehicle well fueled and functioning optimally, even in the harshest monsoon conditions.
Cost of car insurance add-ons
If you are wondering how much these add-ons will cost you, here is a table stating the estimated cost of these covers for a HYUNDAI CRETA SX (O) 1.5 Petrol registered in 2023:
Car Insurance Add-ons
Insured Declared Value
Rs. 15 Lakh
Return to Invoice
Rs. 2,500- 4,500
Monsoons can be unforgiving, with heavy downpours, waterlogged roads and slippery surfaces posing a constant threat to your four-wheelers. In such circumstances, having comprehensive car insurance coverage may not be enough. Therefore, purchasing these essential add-ons would be the best practice to cover your car from these unanticipated losses.
Also Read: Why Third-Party Car Insurance Holders Should Know About NCB and Its Advantages