Protect Expensive Car Accessories with Accessories Cover

Written by Sharad Bajaj

Updated On Oct 14, 20232 min read

Importance of Insurance Cover for Your Expensive Car Accessories

As a car owner, it is likely that you would want to customise your car by adding various accessories to it, that allows you to personalise it as your own and reflect your own individual style, needs, and wants. Such accessories that are added to cars are likely to be quite expensive. This creates the added need of ensuring that they are protected and that you have coverage for them in case of unfortunate events such as theft. However, it is important to be aware that standard comprehensive car insurance coverage would not cover features such as your expensive car accessories.

To ensure that they are covered, you would have to purchase the car insurance add-on for accessories.

What Are the Different Types of Car Accessories?

Accessories may be classified as electrical or non-electrical accessories.

Electrical Accessories: These fittings would include accessories such as an air conditioner (if not of a standard variety), fog lights, a music or stereo system, etc.
Non Electrical Accessories: Non-electrical accessories refer to accessories such as the seat covers or other internal fittings of the car.

What Is An Accessories Add-On Cover?

As mentioned, while a standard insurance policy would provide coverage for a considerable range of damages to the car, it would not cover all aspects of the car such as the expensive accessories that you may have installed. Along with the basic car insurance policy, however, you can avail of a range of add-on options that provide additional coverage in varied and specific scenarios. This includes accessories cover.

This would add additional coverage to your standard car insurance policy and ensure that you have coverage from liability in case of an unforeseen event such as theft or damage caused due to an event such as a natural disaster.

Why Is It Important To Get Accessories Cover?

It is advisable to get a ‘Loss of Accessories’ cover add-on to your standard insurance policy. This is especially the case if you live in an area prone to theft or prone to natural disasters which may cause damage to your car and the expensive accessories installed onto it.

While it would come at the cost of an additional premium, it is extremely advisable to purchase as in the absence of such an add-on, you would be personally hit with the cost of repurchasing expensive car accessories. With the presence of accessories cover you would be able to raise a claim with your insurance company and prevent this additional liability from falling onto yourself.

Takeaway

It can be seen that accessories coverage is extremely useful and advisable to purchase in order to protect your expensive car accessories in case of damage or theft.

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.

Written by Sharad Bajaj

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Sharad is an insurance industry veteran who has managed motor insurance products for over a decade. He helped set up and scale the motor insurance vertical for a leading insurance company in his previous stint. In his spare time, Sharad likes to read and be in tune with nature.