Car Insurance Add-ons

What Is A Car Insurance Add-on?

A car insurance add-on is an additional cover which can be opted with a comprehensive car insurance policy to strengthen the coverage and protection provided by a car insurance policy. There are multiple of add-ons which can be opted with a comprehensive car insurance policy.

Types of Car Insurance Add-ons

The availability of car insurance add-ons vary from insurer to insure. The following are some car insurance add-on covers which are offered by most of the general insurance companies:

Zero Depreciation Cover: The amount of depreciation applicable on your car and its parts is deducted by the insurer from the claim amount at the time of a claim settlement. A zero depreciation cover helps you mitigate this burden of bearing the depreciation cost of your vehicle thereby increasing your claim amount. Most of the insurers allow a maximum of 2 zero depreciation claims, however, some insurers including IFFCO Tokio allow unlimited zero depreciation claims during the policy tenure.

Consumables Cover: This add-on provides coverage for consumable elements such as grease, air conditioner’s gas, lubricants clip, bearings, fuel filter, engine oil, oil filter, break

oil, nut and bolt, screw, washers, etc, which are not covered in the standard policy.

GAP Value Cover: This add-on helps you get complete invoice price of the vehicle in the event of theft, total loss or constructive total loss. It also covers the Road Tax and first time registration charges against an additional premium.

Roadside Assistance Cover: This add-on cover secures assistance services in the event of the breakdown of the insured vehicle. The services include towing to the nearest garage, on-site repair services, assistance in case of loss of keys, changing flat tyres, fuel delivery, etc.

Key Loss Cover: This add-on cover makes the insurance company liable to compensate the policyholder for the loss of key(s).

Passenger Assistance Cover: It is a bundled cover which includes Hospital Allowance, Medical Expenses and Medical Transport Assistance to the policyholder in the event of an accident.

Engine Safe Cover: This cover allows the policyholder to get indemnifies against expenses for mechanical/electrical breakdown of the engine due to an oil spill or water ingression.

Loss of Personal Belongings: With this add-on, the insurer compensates the policyholder for the loss of personal belongings such as the articles or other items of a personal nature which are likely to be used, carried or worn.

Return To Invoice: This add-on cover allows you to get full invoice price of your vehicle when it suffers Total Loss, Constructive Total Loss (CTL) or theft.

Daily Allowance: By opting for this add-on you get a daily allowance from the insurer when the car is lost or is out for repairs.

Protection Of NCB: This add-on helps you retain your No Claim Bonus (NCB) discount even if you had filed a claim in the last policy tenure. NCB is the discount which you get on own-damage premium for every claim-free year.

Personal Laptop and Mobile Cover: This add-on allows you to get compensation for the loss of personal laptop and mobile kept in the vehicle.

Tyre Damage Cover: This add-on provides cover for damages such as in-tyre bulge, puncture or bursting of tyres, cut on a tyre due to an accident, etc.

Car Companies User Reviews

  • Great insurance

    Good work

    K
    KUNAL DUBEY
    On: 28th February, 2020 | Views
  • Like the way your team supported me

    I got good assistance to renew my car insurance. I would like to have the same in future also.

    M
    MD WASHIM REJA
    On: 27th February, 2020 | Views
  • Very smooth and fast process

    Really fast payment service and I also got the policy document immediately.

    R
    RAMA GOYAL
    On: 25th February, 2020 | Views
  • Easy to get policy

    Agent was very informative regarding what to choose and why.

    N
    NIKHIL OWALEKAR
    On: 25th February, 2020 | Views
  • Good experience and smooth renewal

    Nice experience. Good support. The support person was patient and clear in conveying all the info.

    A
    ANTON BENILES GNYANPRAKASH
    On: 21st February, 2020 | Views
  • Great support

    Excellent service, well done!

    M
    Mohammad Wasim
    On: 19th February, 2020 | Views
  • Great support

    Great support. Keep up the good work.

    R
    RAVI SHARMA
    On: 17th February, 2020 | Views
  • Good job tx

    Very nice. Well job done. Nice experience.

    M
    MOHMMED HASAN SHAIKH
    On: 14th February, 2020 | Views
  • Good service

    Thank you for your continuous support. Thank you.

    M
    M MURALIKRISHNA
    On: 10th February, 2020 | Views
  • Great support

    Like the proactive measure to intimate and get insurance done in advance

    S
    SonelUplanchiwar
    On: 20th December, 2019 | Views
  • Great support

    Good experience, really a nice way to renew my car insurance,I think it is cheaper also.

    S
    Sunil Kumar Mishra
    On: 19th December, 2019 | Views
  • Good job biddya

    Thank you so much to your executive for his assistance. First time I have taken online policy from you.

    S
    SITARAM PRAJAPATI
    On: 29th July, 2019 | Views

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