A standard comprehensive motor insurance plan provides the necessary cover against accident, theft or total damage of the car due to man-made disasters like terrorism, vandalism, riots or acts of miscreants and natural disasters like cyclone, earthquake and floods etc.
A standard comprehensive motor insurance plan provides the necessary cover against accident, theft or total damage of the car due to man-made disasters like terrorism, vandalism, riots or acts of miscreants and natural disasters like cyclone, earthquake and floods etc. It does not provide specific cover against any damage to the engine or the engine’s internal components.
The engine is an integral part of your vehicle. Damages to the engine (crankshaft, piston, pins, cylinder, gearbox, leakage of lubricating oil, water ingression, hydrostatic lock, etc.,) can cost a significant amount of money.
Therefore, it is advisable to purchase an engine protection cover as an add on cover to your comprehensive motor insurance plan. An engine protection cover in car insurance keeps you financially protected against any repair cost in case of damage to the engine and/or its parts.
Who should buy an Engine and Electronic Protection Cover?
It is advisable to purchase an engine and electronic protection cover :
- Individuals living in flood-prone areas
- Individuals who have a high-end luxurious car
- Individuals who want to avoid all sorts of financial risks
What does an Engine and Electronic Protection Cover?
- Damages due to leakage of the lubricating oil
- Damages due to ingression of water
- Dames due to gearbox malfunction
- Hydrostatic Lock
What is not included in an Engine and Electronic Protection Cover?
The following instances are not covered in an engine and electronic protection cover:
- Starting your vehicle if the vehicle is submerged in water. This will cause the water to enter the engine and cause unwanted damages
- Deliberate/Consequential damages resulting from driving a damaged car on the roads
- Only one claim per add-on is possible within the insurance policy period
- The add-on is applicable for cars that are not more than 5-year-old
Additional Add-ons for you Car/Bike
Here’s a list of additional riders covers which can be included in your comprehensive car policy at an additional cost:
- Roadside assistance
- Zero depreciation
- Return to invoice
- No claim bonus protection
- Personal accident cover
- Key replacement
- Daily cash allowance
- Loss of personal belongings
- Hospital expense coverage
In short, it is advisable to purchase riders that will enhance the overall protection of your base comprehensive motor insurance plan.
Recommended Link: Protect Your Car's Heart With an Engine Protection Cover