What Is Add-On Coverage for Car Insurance?
Add-On Covers for Automobile Insurance To strengthen the coverage and protection offered when you buy car insurance online, a car insurance add-on is an additional cover that can be chosen with a comprehensive car insurance policy. A comprehensive auto insurance policy offers a variety of optional extras.
Top Car Insurance Add-On Covers Ranking
Various insurers offer different add-ons when you buy car insurance online. Most general insurance firms offer the following extra automobile insurance coverages:
- Zero depreciation add-on coverage
The insurer subtracts from the claim amount at the time of a claim settlement the amount of depreciation applicable to your vehicle and its components. A zero depreciation cover helps you lessen the financial strain of paying for your car’s depreciation, boosting the amount of your claim. Most insurers limit the number of zero depreciation claims to two. However, some permit an unlimited number of zero depreciation claims over the course of the policy. *
- Roadside assistance add-on cover
If the insured vehicle breaks down, help services are guaranteed by this add-on coverage. Towing to the closest garage is one of the services offered, along with on-site repairs, key replacement help, fuel delivery, and aid with flat tyres. *
- Engine protection add-on cover
This coverage enables the policyholder to get compensation for costs associated with an engine breakdown caused by an oil leak or water intrusion. *
- Cover for consumables
This add-on offers protection for consumable parts not covered by the regular policy, including grease, air conditioner gas, lubricants clip, bearings, fuel filter, engine oil, oil filter, brake oil, nut and bolt, screw, washers, etc.
- Passenger assistance add-on cover
It is a package that covers hospital expenses, medical transport assistance, and hospital allowance for the policyholder in the event of an accident.
- Key loss add-on cover
With this add-on coverage, the motor insurance provider is responsible for paying the policyholder for the key’s loss.
- Tyre damage add-on cover
This add-on offers protection against damages like in-tyre bulges, tyre punctures or bursts, cuts on a tyre from an accident, etc.
- Loss of personal belongings add-on
With this add-on, the insurer pays the policyholder for the loss of personal possessions like clothing, jewellery, or other items that are likely to be used, carried, or worn.
- Return to invoice add-on
This add-on cover enables you to receive the full invoice price of your car if it is stolen, totalled, or both.
- NCB Add-on Protection
Even if you claimed during your previous policy tenure, this add-on helps you keep your No Claim Bonus (NCB) concession. The NCB is the concession you receive on your own-damage premium for each year without a claim. *
- Daily allowance add-on
When you choose this add-on, the insurer will pay you a daily allowance while the automobile is missing or being repaired.
Ensure you always renew your car insurance to have sufficient coverage.
* Standard T&C Apply
Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.
