Add-On Covers in Car Insurance

We know the importance of a healthy balanced diet! It not only helps us be healthy and fit but also keeps us physically sound so our energy levels last longer!

Well, what if you could find the perfect healthy diet for your car too? With the right Add-ons, you can craft just that right mix for your car that keeps it running for the longest time!

While most of us are more than happy with our ‘premium insurance package’ - Comprehensive Car Insurance for our beloved car, many of us are unaware of special surprises that can be ‘Added on’ to your basic ‘premium insurance package’, to instantly transform it to an ‘uber-premium package’😊! That’s exactly what ‘Add on’ covers do!

You have the liberty to choose and pick the ‘Add on’ that entices you the most. So, let’s not keep you waiting. Here is the list of ‘Add on’ covers that you can choose with your car insurance policy. Go ahead, take your pick!

Though comprehensive car insurance seems enough to protect your car in unfortunate times, it might not cover you in certain situations, such as it will not cover your car tyre’s replacement. In such cases, add-ons cover your back. 

Thus, an add-on in car insurance is the optional coverage that you can purchase along with your standard car insurance policy. These add-ons provide additional protection and can help reduce out-of-pocket expenses depending upon the chosen add-on. 

For example, a Zero Depreciation add-on will increase your payout by not considering depreciation amount at the time of claim, a feature which is not included in any standard car insurance plan.

Here’s why you should buy car insurance add-on covers with your comprehensive plan:

Customisation

With car insurance add-ons you can tailor your car insurance policy to suit your specific needs and driving habits. For example, if you frequently travel long distances, you can opt for roadside assistance add-on that will cover in case of any car breakdown.

Cover Depreciation

At the time of claims, the insurance company deducts the depreciation amount on your car parts, leaving you to pay the remaining expenses from your pocket. However, with zero dep add-on, you can avoid the depreciation cost and get a higher claim amount.

Emergency Roadside Assistance

One of the add-ons of the same name covers you in case of an emergency such as a vehicle breakdown. With Roadside Assistance add-on cover you are protected no matter your location or time, a feature which is not offered in standard insurance policy.

Engine Protection

Generally, standard comprehensive car insurance plan does not cover any damage to the car’s engine and consumables (engine oil, gearbox oil, lubricants, nut and bolt, screw). However, specific add-ons cover the cost to repair or replace them.

Peace of Mind

Opting for all the appropriate add-ons ensures that you are covered above and beyond the standard coverage. Thus, it offers you financial security in unfortunate events and eventually gives you peace of mind.

Choose the most suitable types of add-ons in car insurance after considering the following things:

Determine Your Needs

Consider the risks associated with your car, and your driving habits and the city you drive in. For example, if you live in an accident-prone area or where the vehicle theft rate is high, add-ons like engine protection or roadside assistance might be beneficial.

Consider Your Budget

While add-ons provide extra protection, they also come at an additional cost. So, consider only the add-ons you really want and those within your budget before opting for them.

Compare Insurance Quotes

Another important thing is to compare car insurance add-ons quotes online offered by different insurers. This will help you choose the best plan that suits your needs.

Read Terms and Conditions

Always read the policy terms and conditions carefully beforehand for each add-on to understand what is covered and what is not covered to avoid any discrepancies at the time of claim.