Monsoon-Proof Your Car Insurance: Essential add-ons for car owners

financialexpress.com:

As the monsoon season has arrived, car owners must be prepared to safeguard their vehicles from the potential risks and damages associated with heavy rainfall and adverse weather conditions. To ensure comprehensive protection, car owners should consider adding specific insurance add-ons to their policies.

Let us look at the various types of car insurance add-ons that are crucial during the monsoon season.

During the monsoon, a car’s engine is particularly vulnerable to damage caused by water ingression, engine malfunction, hydrostatic lock, or leakage of engine oil. “Car owners residing in flood-prone areas or regions with frequent water-logging should opt for the Engine Protection Cover. This add-on offers financial security by covering repair or replacement costs of damaged engine parts, offering peace of mind amidst heavy rains,” says Venkatesh Naidu, CEO, Bajaj Capital Insurance Broking.

Vehicle breakdowns can be a nightmare, especially during heavy rainfall or on deserted highways. To address this concern, car owners can avail of the 24×7 Roadside Assistance Cover. This add-on ensures timely professional assistance in case of a breakdown, repairs or towing services at an affordable cost.

The Zero Depreciation Cover is essential for protecting the policyholder from substantial expenses due to vehicle damage during the monsoon. Unlike standard policies that account for depreciation, this add-on covers the entire cost of repairing or replacing vehicle components, excluding only tyres, tubes, and batteries, which receive 50% coverage.

In situations where the car becomes inoperable and requires extensive repairs, the Daily Allowance Cover compensates the policyholder for the expenses incurred in hiring a vehicle for a