1. Roadside assistance

This cover ensures that you are never left stranded in the middle of the road. Some of the services included in Roadside assistance are -

Repairs in case of minor breakdowns

Vehicle towing to garage

Flat tyre

Loss of car key

Batter jump start

Fuel delivery

2. Engine Protect Cover

As the name suggests this add-on cover exclusively protects the engines from damages. Damage to the engine can happen because of water ingression, damage to the gearbox, leakage of lubricating oil, hydrostatic lock, etc. The cover compensates you for the repair or the replacement of the engine or parts of the engine like pistons, connecting rods, etc.

3. Consumables protect cover

The consumables in a vehicle have specific purposes and once they are completely consumed, they cannot be used again. They include things like fuel filter, engine oil, nuts and bolts, screws, brake oil, lubricants, grease, and gas of air conditioner. These consumables are not covered under the comprehensive car insurance policy. So, when the vehicle under claim is being repaired and consumables are used, cost of these items is not payable under normal policy. Thus, vehicle owners who wish to obtain coverage for these consumables need to purchase a separate consumables add-on cover.

4. Zero depreciation cover

Also known as bumper-to-bumper cover, a zero-depreciation cover is an add on cover where depreciation amount is paid by the insurance company as against the insured at the time of claim. Thus, it offers a considerable amount of savings for the insured while making a claim.

As we all know, the moment a car leaves the showroom its value starts depreciating. Literally, a car that was purchased yesterday and wants to be sold the very next day will have to be sold at a value that is lower than the original value. This means, when your car gets into an accident and suffers damage and you file a claim, all the depreciation related expenses need to be borne by you. This can be a big drain on your finances as older the vehicle gets, depreciation on the parts replaced gets higher. This is where a zero-depreciation car insurance cover can come in handy.

5. Return to Invoice

In car insurance cover, value of the car is mentioned as its IDV (Insured Declared Value). This is the amount on which premium is calculated and denotes the maximum liability of the insurance company in the event of a claim. The IDV of the vehicle keep reducing as per agreed scale denoting the current market value of the vehicle. So, if a vehicle is stolen or is a Total loss, say in the 4th year of its purchase, the claim amount will be restricted to its then prevailing IDV which will be very less compared with new vehicle price at the time of loss. So insured who has to buy a new vehicle will have to shell out money from his pocket which will be the difference between the IDV and new ex showroom price. Return to Invoice is an add-on cover that helps you in covering the gap between the IDV and invoice value of the car.

6. No Claim Bonus Protection

Your motor insurance policy offers you a No Claim Bonus if you do not make a claim in the preceding policy year. So, for every successive claim-free year that you experience, you earn a higher No Claim Bonus (NCB). The No-Claim Bonus earns you a discount in premium in the next year’s renewal. So, when you renew your car insurance policy, you get an equivalent discount on the own damage premium from your NCB. However, if you make a claim in any year, you lose the accumulated NCB. With No Claim Bonus protection cover, you can keep your earned No Claim Bonus protected even if you make a claim.