As the monsoon season approaches, it’s essential to protect your vehicle from potential damage caused by heavy rains and waterlogging.
While a comprehensive auto insurance policy provides basic coverage, there are additional add-ons that can offer enhanced protection and financial security.
So, here are some crucial add-ons that you could consider during the rainy season to provide extra protection to your car.
Zero Depreciation Coverage: When floods occur, they can cause substantial damage to your vehicle. Standard comprehensive policies often factor in depreciation costs, which means you may have to bear a significant portion of the repair expenses. However, with zero depreciation coverage, you won’t be responsible for the depreciation costs. This add-on ensures that you receive the full claim amount without any deductions for depreciation.
Says Animesh Das, chief underwriting officer, Acko General Insurance, “Zero depreciation coverage ensures that you are not responsible for bearing the costs of depreciation for damages caused by floods, which can often be substantial.”
Engine Protect Add-On: Waterlogging is a common occurrence during the monsoons, and it poses a significant risk to your vehicle’s engine. If the engine suffers damage due to water ingress, the repair costs can be exorbitant. Unfortunately, such damage is typically not covered under a standard comprehensive policy. However, by opting for the engine protect add-on, you can safeguard yourself from this potential financial setback.
Adds Das: “The engine protect add-on provides coverage for potential damage to your engine resulting from waterlogging, thus reducing the risk of significant financial setbacks.”
Roadside Assistance (RSA): Waterlogged roads in monsoon also increases the changed of breakdowns and accidents. In such situations, prompt assistance becomes crucial. Roadside Assistance add-on provides towing services, emergency fuel delivery, and other support to ensure that you are not left stranded during a downpour. This add-on proves particularly valuable for those residing in areas prone to waterlogging as it provides towing services, thus preventing further damage to your vehicle.
Cover For Consumables Add-On: Apart from major damages, there are other expenses that can arise during the monsoons, such as the replacement of consumables like brakes, engine oil, and nuts and bolts. Typically, these expenses are not covered under the standard comprehensive insurance plans. However, with an add-on cover for consumables, you can ensure that the costs of these essential components are taken care of.
The cover for consumables add-on covers expenses related to replacing consumables, such as brakes, engine oil, and nuts and bolts, expenses that are typically excluded from standard comprehensive plans.
It’s important to note that while a comprehensive auto insurance policy provides coverage for third-party liability and vehicle damage, these add-ons enhance the overall protection offered by the policy. Choosing a suitable car insurance plan that includes these add-ons is a vital step towards safeguarding yourself from financial losses during the monsoons.
Do note that the monsoon season can bring unexpected challenges, and having the right insurance coverage in place can provide you with peace of mind. By considering these add-ons, you can ensure that your vehicle is well-protected against the potential damages caused by heavy rains and water-logging.
When it comes to safeguarding your vehicle during the rainy season, there are recommended additional coverage options to consider. So, don’t overlook these crucial add-ons, and ensure that you have comprehensive protection for your vehicle this monsoon.