A comprehensive car insurance policy can truly save your finances in the event of a road mishap. Plus, it keeps you legally compliant as all vehicle owners are required to have basic motor insurance in India.
It is important to note that every insurance plan has its own set of limitations. In this regard, not many vehicle owners are aware that comprehensive car insurance does not cover the costs of repairs if there is damage to a car’s engine and engine parts. However, you can fill up this gap in your vehicle insurance plan with the help of the ‘engine protection cover’ add-on. This is one of the most essential add-ons that you must include in your car insurance policy as having it at hand can truly save the day. Read on to discover what the engine protection cover add-on is and how it can help you.
What is the engine protection cover?
The engine protection cover add-on offers coverage for damages sustained by the engine of your car under a valid claim. This add-on can be useful for dealing with damages by water ingression, damages due to lubricant oil leakage, gearbox malfunction and hydrostatic lock, among other situations.
Engine protection cover extends to include the cost of repairing or replacing the damaged parts of your engine. It also compensates you for the consumables involved in the process as well as the expenses for labour.
If you are wondering whether to purchase the engine protection cover add-on in your car insurance plan, remember that you would be better off with it. The roads in many cities in India get water-logged in the monsoons due to heavy showers. Thus, there is a high chance of water entering your engine and damaging it. Having this add-on would truly save you from huge expenses that you would otherwise have to bear on your own.
Who is this add-on suitable for?
The engine protection cover add-on is ideally recommended for all vehicle owners as the costs involved in repairing a car engine can truly leave a dent in your savings. This coverage is especially important for anyone who lives in an area prone to flooding. It is also recommended for someone who owns an expensive vehicle.
Are there any limitations to this add-on?
Yes, there are a few limitations to the coverage offered by this add-on. The insurance provider may not honour your claim if you:
- Attempt to force start your car if it is submerged in water as this can lead to engine damage
- Are driving under the influence of alcohol or other substances at the time of the incident
- Have got the engine repaired prior to informing the insurance provider
- Make a claim for standard wear and tear
These are some of the exclusions observed generally by car insurance providers. For a detailed list, do speak to your own insurance company.
Finally, do remember to always renew your car insurance policy on time so that you can stay financially protected no matter what. We hope this article helps you. Drive safe!