Prevention is better than Cure. When monsoon season approaches, you need to take great care of not only yourself, but also your vehicle. Most of the time, the comprehensive insurance policy will not suffice to cover for damages during the monsoon season.
There are some limitations to the comprehensive policy.
For example, when you make a claim to replace your car’s windshield, you may be surprised to note that only a part of it will be covered. More so, during the monsoon season our Indian roads are prone to water-logging. As a result, it might lead to water ingression into the engine, causing severe damage.
Surprisingly, damage to engine or gearbox is not covered under the comprehensive insurance policy. To cover for damages to engine or engine parts, you need to opt for engine protection add-on.
So to ensure complete protection and coverage, many insurance companies offer various add-ons to make up for all the restrictions. You might also find yourself stranded in the middle of the road during massive flooding. In such scenarios, roadside assistance comes in very handy to ensure that your car is moved and overhauled at the nearest garage.
All these essential add-ons come with an extra price tag. However, in the long run, it would be very beneficial and also lead to more savings. It would be a one-time investment that would be worthwhile when you consider the wholesome coverage and protection.
Let’s look below at some add-ons that can be of help during the monsoon time:
- Roadside Assistance
If you get yourself stuck in the middle of nowhere without any hope, get help with this roadside assistance program. The insurance company will get your vehicle towed to the nearest service station.
- Engine Protection/Hydrostatic Lock Add-on
Avail full coverage for replacement or repairs to engine, gearbox, and electronic circuits. If your car gets submerged in water or you are driving through waterlogged roads, there are chances that water can seep into the engine or its parts. This can cause massive damage and lead to costly repairs of the engine.
- Nil Depreciation Add-on
With this add-on, the depreciation value of the parts of the car will never be accounted for when the insurance company calculates the reimbursement for your claim. You will get back full compensation for replacement or repairs to various parts of the car, including windshields, glass, etc.
- Return to Invoice
If Indian monsoons damage your vehicle completely, you can avail complete reimbursement of your loss. This add-on bridges the gap between the Insured Declared Value (IDV) and the on-road price of the car.
- No Claim Bonus Protector
Save from losing your valuable no claim bonus. With this add-on, if you are forced to make a claim, then you need not lose your no claim bonus discount on the premium.
The choice of these add-ons depends on your requirements and budget. If your car is priced on the higher side or relatively new, it will be worthwhile to opt for some of the above add-on covers to ensure maximum protection in the monsoon time. These add-ons will act as a security blanket.
