Buy These Add-Ons To Make Most Out of Your Car Insurance

Every day, accidents and thefts occur in India. Every car owner cherishes his or her vehicle. It costs a lot of money to keep your car and yourself secure. Having a car insurance policy will come in handy during these tough times. This post will present a list of the top 5 add-on covers that will provide your car with the necessary coverage.

Must Buy Add-Ons To Make The Most of Your Car Insurance

The following are the additional covers that you should consider buying with your car insurance to get the best coverage for yourself -

• Roadside Assistance Cover

The most typical problem that most car owners suffer is a breakdown in the middle of a trip that leaves them stuck. The roadside assistance cover will provide you with specific services that will support you in this situation. Your insurance company can dispatch professional assistance to your area right away to assist you in repairing your vehicle. In addition to towing services and on-call counselling, your insurer may be able to provide a variety of extra services to make your journey more convenient and safe.

• Zero Depreciation 

When your car is used, depreciation is unavoidable. As you drive it over time, the auto-parts may experience wear and tear, lowering their total worth. When you get zero depreciation insurance, you can rest assured that the depreciation value will not be taken into account when determining your claim amount. This type of insurance is often known as bumper-to-bumper coverage. However, insurance providers may impose a restriction on the number of claims you can make under this policy.

You may also like to read:- How To Get The Best Car Insurance Quote? 

• Engine Protection Cover

It is usual to experience engine problems when driving your car for an extended period of time. This will need you to take it to a service centre, which will be costly. If you want to prevent these costly expenditures, consider obtaining an engine protection plan. This will cover the costs of repairing your car's engine.

• Return To Invoice Cover

Buying a car is prohibitively expensive. This is why, in order to keep your car safe, you must purchase car insurance. Your insurance carrier will pay you the sum determined by the car's IDV (Insured Declared Value) in the event of theft, damage beyond repair, or total loss. When you buy return to invoice coverage for your automobile insurance policy, the IDV of your vehicle is fixed at the price at which it was purchased. This means that in the event of serious damage or theft, the insurer will pay you the same amount as you paid for the car. However, this insurance coverage will only be available for cars that are less than 3 to 4 years old.

• No Claim Bonus Protection Cover

One of the most advantageous insurance covers for your car is the no-claim bonus protection plan. When you go more than a year without filing a claim, you get a discount on your premium. If you get this insurance cover, you can keep your NCB component even if you file a claim. This means you can use your NCB component to claim your insurance while still receiving a discount on your premium.

Also Read:- Parameters To Consider While Purchasing Car Insurance In India 

Take Away

Although third-party insurance is mandatory for your car, it is recommended that you choose a policy that provides the most coverage. Depending on the type of coverage you purchase, your policy may cover everything from automobile repairs to medical expenditures. Although your car insurance policy may provide all of the necessary coverage, adding riders or add-ons to your policy will expand your coverage and keep you financially safe. Thus, you should always conduct careful research before selecting your car insurance add-on coverage.

Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.