Engine Protection Cover Add-on in Bike Insurance

The engine is the heart of a bike. It provides the necessary power for its movement. Like other bike parts, the bike’s engine is also vulnerable to damages. Engine damage may occur due to oil leakage or ingression of water.

By default, the standard two-wheeler insurance policies, be it comprehensive or standalone own-damage cover, do not provide coverage for your bike’s engine against damages. Thus, in order to insure the engine of your bike, you need to purchase a bike insurance add-on known as Engine Protect cover. This add-on helps you claim compensation for damages sustained by the engine of your bike and the internal parts of the engine.

What is a Bike Engine Safety Add-On Cover?

Engine Protect cover is a bike insurance add-on which is available for purchase with comprehensive and standalone own-damage insurance plans. This cover helps you get compensation for the damages incurred by your bike’s engine.

Coverage Available Under Engine Protect Cover

The Engine Protect cover allows you to get insurance coverage in the following cases:

1. Damages sustained by the engine parts due to water ingression.
2. Damages incurred to the engine and its parts due to leakage of lubricating oils.
3. Physical damages incurred to the differential parts or gearbox.
4. Engine failure due to an attempt to start a wet engine.

What is Not Covered Under Engine Protect Add-on Cover?

The engine protection add-on cover can be purchased along with a comprehensive insurance plan or with a standalone own damage insurance plan. The following are not covered under engine protect add-on cover for two-wheeler insurance:

1. Loss or damage including corrosion of the engine or/and the gearbox because of delay in informing the bike insurance provider.
2. Replacement or repair of internal components of the engine caused because of the delay in retrieving the two-wheeler from the water-logged region.
3. Damage or loss to the two-wheeler because of the individual riding the insured bike in an intoxicating condition.
4. Replacement or repair of the engine.
5. Loss or Damage caused to the insured bike riding the vehicle in an illegal race.
6. Loss or Damage caused to a bike in case riding it without a valid driving license.
7. Lubricants cost in the event of loss because of leakage.
8. Any claim being raised after a specific time duration is set by the insurance company.
9. Any claim, wherein the repair process takes place before intimating the insurance provider.
10. Any claims being raised because of damage or loss caused owing to regular wear and tear.

The Engine Protect bike insurance add-on is recommended for all bike owners. However, it is highly recommended for people living in flood-prone areas or in or near streets which get water-logged easily during rains. Engine Protect is also highly recommended for owners of premium bikes which come with expensive engine parts.

How does a Bike Engine Safety Add-On Cover Work?

The Bike Engine Safety Cover serves as an extra safety measure on top of your regular bike insurance. Its working mechanism isn't complicated, though. This is a detailed explanation of how it operates:

1. Purchase of Add-On: You can choose to expand your coverage by selecting from a variety of add-ons when you purchase or renew your bike insurance policy. Here, you choose the Engine Safety Cover and pay a premium that is somewhat higher than the cost of the basic coverage.
2. Claim Intimation: You must notify the insurance provider of any damage to your bike's engine, including any essential details, if the engine is harmed by factors such as water intrusion or oil leaks.
3. Inspection & Documentation: The insurance company may send an inspector to evaluate the damage after receiving your claim notification. You will also need to provide any appropriate documentation at the same time, such as the event report that led to the damage and any repair quotations that may be needed.
4. Claim Approval: If everything is confirmed to be in order after the inspection and document verification, your claim will be approved by the insurance company.
5. Settlement and Repair: The insurer may pay the garage directly for the repairs (a cashless claim) or you may have to pay for the repairs yourself and then receive reimbursement from the insurer, depending on the insurance company and the conditions of the policy.

How to Buy a Bike Engine Safety Add-On Cover Online?

The digital era has simplified the process of acquiring insurance add-ons like the Bike Engine Safety Cover. This is a comprehensive guide to assist you in purchasing this necessary add-on online:

1. Investigate and List Insurers: Start by looking for and compiling a list of insurers who provide online bike insurance. To obtain an overview of different services, you may either visit the official websites of well-known insurance firms in India or use insurance comparison platforms such as InsuranceDekho.
2. Pick the insurance provider: After you've considered a few possibilities, pick an insurance provider by considering aspects such as premium prices, customer reviews, claim settlement percentages, and the extent of the add-on coverage offered.
3. Head to the right section: To access the Bike Insurance section, navigate to the 'Bike Insurance' or 'Two-Wheeler Insurance' part of the website of your preferred insurance provider.
4. Fill in the Bike Details: You'll be asked to provide information about your bike, like the model, make, year it was made, and registration number. The insurance premium is calculated with the use of these facts.
5. Select Base Insurance Policy: You must first choose the base insurance policy, which may be either Comprehensive Coverage or Third-Party Liability Only, before you may add any add-ons.
6. Select the Engine Safety Add-On: The platform will often show you a selection of available add-ons after you select the basic policy. Choose the 'Engine Safety Add-On Cover' or an equivalent choice from this menu.
7. View Quote and Details: After making your selection, you'll receive an updated quote that takes the Engine Safety Add-On premium into account. Before continuing, be sure you have read and comprehended the cover details, inclusions, and exclusions.
8. Make Payment: Go to the payment area after verifying all the information and making sure the cover meets your needs. The majority of sites include a variety of payment methods, including digital wallets, net banking, credit/debit cards, and UPI.
9. Policy Document Delivery: You will receive a confirmation email once your payment has been successfully processed. The policy document, which includes the Engine Safety Add-On details, will be delivered to the email address you registered. A physical copy may also be sent by some insurers to the postal address you have on file.
10. Examine and Store Safely: After receiving the policy document, make sure all the information is accurate by reviewing it. If you obtain a physical copy, deposit it in a secure area and save the digital copy somewhere safe as well.

How Can I Use Insurance Dekho to Compare Various Engine Safety Add-On Covers?

You can compare and purchase insurance coverage on Insurance Dekho quite easily. To compare several Engine Safety Add-On Covers for your motorcycle, take the following actions:

1. Check out the website: Visit Insurance Dekho's official website.
2. Head to the right section: Open the 'Bike Insurance' or 'Two-Wheeler Insurance' section to navigate to the bike insurance page.
3. Fill in the Bike Details: Add pertinent information about your bike, such as the model, make, year it was made, and the registration number.
4. Indicate Insurance Requirement: When asked, choose the kind of insurance you need (such as comprehensive) and state that you want the Engine Safety Add-On Cover in particular.
5. View Quotes: You may view quotes from several insurance companies that provide the Engine Safety Add-On on the platform.
6. Check the details: Examine the premium levels, inclusions, exclusions, claim settlement ratios, and customer ratings while comparing the specifics. Make use of the platform's comparison tool to compare various policies with one another.
7. Read Policy Wordings: Consult each insurer's comprehensive policy wordings or booklet for a deeper understanding. This will help you understand the intricacies of the coverage.
8. Ask for Help: Insurance Dekho frequently offers phone numbers or chat assistance. Don't be afraid to ask for clarifications or help if you're puzzled.